TRMK vs. IRDM
TRMK (Trustmark Corporation) and IRDM (Iridium Communications Inc.) are both stocks. TRMK operates in Banks - Regional (Financial Services), while IRDM operates in Telecom Services (Communication Services). Over the past 10 years, TRMK returned 9.86%/yr vs 18.93%/yr for IRDM. At a 0.33 correlation, their price movements are largely independent.
Performance
TRMK vs. IRDM - Performance Comparison
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Returns By Period
In the year-to-date period, TRMK achieves a 18.51% return, which is significantly lower than IRDM's 156.44% return. Over the past 10 years, TRMK has underperformed IRDM with an annualized return of 9.86%, while IRDM has yielded a comparatively higher 18.93% annualized return.
TRMK
- 1D
- 1.20%
- 1M
- 3.38%
- YTD
- 18.51%
- 6M
- 14.40%
- 1Y
- 33.91%
- 3Y*
- 31.90%
- 5Y*
- 10.60%
- 10Y*
- 9.86%
IRDM
- 1D
- 1.99%
- 1M
- -9.29%
- YTD
- 156.44%
- 6M
- 153.38%
- 1Y
- 55.18%
- 3Y*
- -8.71%
- 5Y*
- 2.69%
- 10Y*
- 18.93%
TRMK vs. IRDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRMK Trustmark Corporation | 18.51% | 12.99% | 30.65% | -17.02% | 10.67% | 22.34% | -17.98% | 24.73% | -8.24% | -8.04% |
IRDM Iridium Communications Inc. | 156.44% | -38.51% | -28.09% | -19.10% | 24.49% | 5.00% | 59.60% | 33.55% | 56.36% | 22.92% |
Correlation
The correlation between TRMK and IRDM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2008 | 0.33 |
The correlation between TRMK and IRDM shifts across timeframes, from 0.20 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TRMK:
$2.70B
IRDM:
$4.71B
TRMK:
$3.77
IRDM:
$0.99
TRMK:
12.11
IRDM:
44.56
TRMK:
0.41
IRDM:
0.26
TRMK:
2.30
IRDM:
5.37
TRMK:
1.27
IRDM:
10.05
TRMK:
$1.19B
IRDM:
$875.84M
TRMK:
$791.58M
IRDM:
$547.64M
TRMK:
$320.24M
IRDM:
$384.39M
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Return for Risk
TRMK vs. IRDM — Risk / Return Rank
TRMK
IRDM
TRMK vs. IRDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trustmark Corporation (TRMK) and Iridium Communications Inc. (IRDM). 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.
| TRMK | IRDM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.22 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 1.09 | +2.10 |
| Martin ratioReturn relative to average drawdown | 8.60 | 1.79 | +6.81 |
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Drawdowns
TRMK vs. IRDM - Drawdown Comparison
The maximum TRMK drawdown since its inception was -53.55%, smaller than the maximum IRDM drawdown of -75.34%. Use the drawdown chart below to compare losses from any high point for TRMK and IRDM.
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Drawdown Indicators
| TRMK | IRDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.55% | -75.34% | +21.79% |
Max Drawdown (1Y)Largest decline over 1 year | -10.67% | -50.74% | +40.07% |
Max Drawdown (3Y)Largest decline over 3 years | -26.47% | -73.60% | +47.13% |
Max Drawdown (5Y)Largest decline over 5 years | -47.77% | -75.34% | +27.57% |
Max Drawdown (10Y)Largest decline over 10 years | -47.77% | -75.34% | +27.57% |
Current DrawdownCurrent decline from peak | -0.59% | -30.05% | +29.46% |
Average DrawdownAverage peak-to-trough decline | -12.75% | -25.99% | +13.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 30.98% | -27.03% |
Volatility
TRMK vs. IRDM - Volatility Comparison
The current volatility for Trustmark Corporation (TRMK) is 5.97%, while Iridium Communications Inc. (IRDM) has a volatility of 22.02%. This indicates that TRMK experiences smaller price fluctuations and is considered to be less risky than IRDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRMK | IRDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.97% | 22.02% | -16.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.64% | 47.63% | -31.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.35% | 63.83% | -40.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.16% | 45.76% | -16.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.56% | 45.49% | -14.93% |
Dividends
TRMK vs. IRDM - Dividend Comparison
TRMK's dividend yield for the trailing twelve months is around 2.15%, more than IRDM's 1.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRDM Iridium Communications Inc. | 1.36% | 3.34% | 1.90% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TRMK Trustmark Corporation | 2.15% | 2.46% | 2.60% | 3.30% | 2.64% | 2.83% | 3.37% | 2.67% | 3.24% | 2.89% | 2.58% | 3.99% |
Financials
TRMK vs. IRDM - Financials Comparison
This section allows you to compare key financial metrics between Trustmark Corporation and Iridium Communications 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
TRMK vs. IRDM - Profitability Comparison
TRMK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trustmark Corporation reported a gross profit of 202.96M and revenue of 277.21M. Therefore, the gross margin over that period was 73.2%.
IRDM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Iridium Communications Inc. reported a gross profit of 169.42M and revenue of 219.06M. Therefore, the gross margin over that period was 77.3%.
TRMK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trustmark Corporation reported an operating income of 70.98M and revenue of 277.21M, resulting in an operating margin of 25.6%.
IRDM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Iridium Communications Inc. reported an operating income of 50.71M and revenue of 219.06M, resulting in an operating margin of 23.2%.
TRMK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trustmark Corporation reported a net income of 56.12M and revenue of 277.21M, resulting in a net margin of 20.2%.
IRDM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Iridium Communications Inc. reported a net income of 21.59M and revenue of 219.06M, resulting in a net margin of 9.9%.
Frequently Asked Questions
TRMK and IRDM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRDM has higher volatility (22.02%) compared to TRMK (5.97%). In terms of maximum drawdown, TRMK dropped -53.55% vs IRDM's -75.34%.
TRMK currently has the higher Sharpe Ratio (1.47 vs 0.87), 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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