SAABY vs. MRK
SAABY (Saab AB (publ)) and MRK (Merck & Co., Inc.) are both stocks. SAABY operates in Aerospace & Defense (Industrials), while MRK operates in Drug Manufacturers - General (Healthcare). Over the past 5 years, SAABY returned 51.19%/yr vs 13.57%/yr for MRK. At a correlation of -0.00, they often move in opposite directions.
Performance
SAABY vs. MRK - Performance Comparison
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Returns By Period
In the year-to-date period, SAABY achieves a -3.10% return, which is significantly lower than MRK's 14.39% return.
SAABY
- 1D
- 1.56%
- 1M
- -4.17%
- YTD
- -3.10%
- 6M
- 4.44%
- 1Y
- 6.53%
- 3Y*
- 60.83%
- 5Y*
- 51.19%
- 10Y*
- —
MRK
- 1D
- -1.05%
- 1M
- 7.31%
- YTD
- 14.39%
- 6M
- 22.75%
- 1Y
- 56.85%
- 3Y*
- 5.78%
- 5Y*
- 13.57%
- 10Y*
- 11.61%
SAABY vs. MRK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | -3.10% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
MRK Merck & Co., Inc. | 14.39% | 9.79% | -6.26% | 1.01% | 49.42% | 1.75% | 1.05% |
Correlation
The correlation between SAABY and MRK is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | -0.00 |
Fundamentals
SAABY:
$30.33B
MRK:
$295.45B
SAABY:
$5.98
MRK:
$3.58
SAABY:
4.69
MRK:
33.34
SAABY:
0.14
MRK:
0.03
SAABY:
0.37
MRK:
4.54
SAABY:
0.68
MRK:
6.44
SAABY:
$82.29B
MRK:
$65.59B
SAABY:
$17.87B
MRK:
$49.79B
SAABY:
$9.44B
MRK:
$22.69B
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Return for Risk
SAABY vs. MRK — Risk / Return Rank
SAABY
MRK
SAABY vs. MRK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and Merck & Co., Inc. (MRK). 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.
| SAABY | MRK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.36 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 5.03 | -4.85 |
| Martin ratioReturn relative to average drawdown | 0.45 | 12.59 | -12.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SAABY | MRK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 2.10 | -1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.58 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.48 | +0.29 |
Drawdowns
SAABY vs. MRK - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum MRK drawdown of -68.61%. Use the drawdown chart below to compare losses from any high point for SAABY and MRK.
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Drawdown Indicators
| SAABY | MRK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -68.61% | +15.86% |
Max Drawdown (1Y)Largest decline over 1 year | -37.04% | -11.37% | -25.67% |
Max Drawdown (3Y)Largest decline over 3 years | -37.04% | -43.44% | +6.40% |
Max Drawdown (5Y)Largest decline over 5 years | -37.04% | -43.44% | +6.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.44% | — |
Current DrawdownCurrent decline from peak | -30.86% | -4.65% | -26.21% |
Average DrawdownAverage peak-to-trough decline | -16.93% | -18.84% | +1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.58% | 4.53% | +10.05% |
Volatility
SAABY vs. MRK - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 15.81% compared to Merck & Co., Inc. (MRK) at 9.44%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than MRK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAABY | MRK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.81% | 9.44% | +6.37% |
Volatility (6M)Calculated over the trailing 6-month period | 32.83% | 18.14% | +14.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.42% | 27.30% | +22.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.99% | 23.71% | +23.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.54% | 22.96% | +34.58% |
Dividends
SAABY vs. MRK - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.42%, less than MRK's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRK Merck & Co., Inc. | 2.78% | 3.12% | 3.14% | 2.72% | 2.52% | 3.41% | 3.03% | 2.48% | 2.60% | 3.36% | 3.14% | 3.43% |
SAABY Saab AB (publ) | 0.42% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SAABY vs. MRK - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and Merck & Co., 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
SAABY vs. MRK - Profitability Comparison
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a gross profit of 4.48B and revenue of 19.16B. Therefore, the gross margin over that period was 23.4%.
MRK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported a gross profit of 13.34B and revenue of 16.29B. Therefore, the gross margin over that period was 81.9%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported an operating income of 1.91B and revenue of 19.16B, resulting in an operating margin of 10.0%.
MRK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported an operating income of -1.88B and revenue of 16.29B, resulting in an operating margin of -11.6%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a net income of 1.44B and revenue of 19.16B, resulting in a net margin of 7.5%.
MRK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported a net income of -4.24B and revenue of 16.29B, resulting in a net margin of -26.0%.
Frequently Asked Questions
SAABY and MRK have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAABY has higher volatility (15.81%) compared to MRK (9.44%). In terms of maximum drawdown, SAABY dropped -52.75% vs MRK's -68.61%.
MRK currently has the higher Sharpe Ratio (2.10 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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