RHHBY vs. PM
RHHBY (Roche Holding AG) and PM (Philip Morris International Inc.) are both stocks. RHHBY operates in Drug Manufacturers - General (Healthcare), while PM operates in Tobacco (Consumer Defensive). Over the past 10 years, RHHBY returned 8.27%/yr vs 11.71%/yr for PM. At a 0.28 correlation, their price movements are largely independent.
Performance
RHHBY vs. PM - Performance Comparison
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Returns By Period
In the year-to-date period, RHHBY achieves a 3.24% return, which is significantly lower than PM's 15.93% return. Over the past 10 years, RHHBY has underperformed PM with an annualized return of 8.27%, while PM has yielded a comparatively higher 11.71% annualized return.
RHHBY
- 1D
- 0.58%
- 1M
- 0.76%
- YTD
- 3.24%
- 6M
- 6.39%
- 1Y
- 26.91%
- 3Y*
- 13.95%
- 5Y*
- 5.12%
- 10Y*
- 8.27%
PM
- 1D
- 1.95%
- 1M
- -1.92%
- YTD
- 15.93%
- 6M
- 22.12%
- 1Y
- 3.66%
- 3Y*
- 31.18%
- 5Y*
- 18.78%
- 10Y*
- 11.71%
RHHBY vs. PM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RHHBY Roche Holding AG | 3.24% | 52.86% | 0.23% | -4.02% | -22.21% | 20.20% | 9.94% | 33.47% | 2.16% | 14.32% |
PM Philip Morris International Inc. | 15.93% | 37.99% | 34.34% | -1.85% | 12.31% | 20.78% | 3.69% | 35.02% | -33.30% | 19.85% |
Correlation
The correlation between RHHBY and PM is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2008 | 0.28 |
The correlation between RHHBY and PM shifts across timeframes, from 0.18 (3 years) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
RHHBY:
CHF 5.42
PM:
$7.12
RHHBY:
7.59
PM:
25.90
RHHBY:
1.23
PM:
6.93
RHHBY:
CHF 107.65B
PM:
$41.49B
RHHBY:
CHF 79.28B
PM:
$27.93B
RHHBY:
CHF 31.01B
PM:
$17.74B
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Return for Risk
RHHBY vs. PM — Risk / Return Rank
RHHBY
PM
RHHBY vs. PM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roche Holding AG (RHHBY) and Philip Morris International Inc. (PM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RHHBY | PM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.05 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | 0.18 | +1.22 |
| Martin ratioReturn relative to average drawdown | 3.39 | 0.34 | +3.05 |
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Drawdowns
RHHBY vs. PM - Drawdown Comparison
The maximum RHHBY drawdown since its inception was -45.73%, which is greater than PM's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for RHHBY and PM.
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Drawdown Indicators
| RHHBY | PM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.73% | -42.87% | -2.86% |
Max Drawdown (1Y)Largest decline over 1 year | -19.38% | -20.64% | +1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -23.46% | -20.64% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -40.88% | -22.78% | -18.10% |
Max Drawdown (10Y)Largest decline over 10 years | -40.88% | -42.87% | +1.99% |
Current DrawdownCurrent decline from peak | -12.12% | -3.94% | -8.18% |
Average DrawdownAverage peak-to-trough decline | -12.84% | -10.02% | -2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.09% | 10.81% | -2.72% |
Volatility
RHHBY vs. PM - Volatility Comparison
Roche Holding AG (RHHBY) has a higher volatility of 8.27% compared to Philip Morris International Inc. (PM) at 7.76%. This indicates that RHHBY's price experiences larger fluctuations and is considered to be riskier than PM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RHHBY | PM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 7.76% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 18.31% | 21.07% | -2.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.49% | 27.73% | -0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.34% | 22.73% | +0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.55% | 24.46% | -1.91% |
Dividends
RHHBY vs. PM - Dividend Comparison
RHHBY's dividend yield for the trailing twelve months is around 3.00%, less than PM's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PM Philip Morris International Inc. | 3.13% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
RHHBY Roche Holding AG | 3.00% | 2.69% | 3.87% | 3.55% | 3.23% | 1.57% | 1.66% | 1.70% | 3.58% | 3.25% | 3.57% | 2.91% |
Financials
RHHBY vs. PM - Financials Comparison
This section allows you to compare key financial metrics between Roche Holding AG and Philip Morris International Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
RHHBY vs. PM - Profitability Comparison
RHHBY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Roche Holding AG reported a gross profit of 21.75B and revenue of 30.32B. Therefore, the gross margin over that period was 71.7%.
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a gross profit of 6.91B and revenue of 10.15B. Therefore, the gross margin over that period was 68.1%.
RHHBY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Roche Holding AG reported an operating income of 7.05B and revenue of 30.32B, resulting in an operating margin of 23.2%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported an operating income of 3.89B and revenue of 10.15B, resulting in an operating margin of 38.4%.
RHHBY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Roche Holding AG reported a net income of 5.42B and revenue of 30.32B, resulting in a net margin of 17.9%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a net income of 2.44B and revenue of 10.15B, resulting in a net margin of 24.0%.
Frequently Asked Questions
RHHBY and PM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RHHBY has higher volatility (8.27%) compared to PM (7.76%). In terms of maximum drawdown, RHHBY dropped -45.73% vs PM's -42.87%.
RHHBY currently has the higher Sharpe Ratio (0.99 vs 0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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