VRTS vs. MBIN
VRTS (Virtus Investment Partners, Inc.) and MBIN (Merchants Bancorp) are both stocks. Both are in the Financial Services sector — VRTS in Asset Management, MBIN in Banks - Regional. Over the past 5 years, VRTS returned -6.67%/yr vs 18.93%/yr for MBIN. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
VRTS vs. MBIN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VRTS achieves a 2.29% return, which is significantly lower than MBIN's 62.79% return.
VRTS
- 1D
- -1.09%
- 1M
- 6.65%
- 6M
- 0.75%
- YTD
- 2.29%
- 1Y
- -10.69%
- 3Y*
- -3.61%
- 5Y*
- -6.67%
- 10Y*
- 9.39%
- ALL TIME*
- 20.02%
MBIN
- 1D
- -0.59%
- 1M
- 13.03%
- 6M
- 33.73%
- YTD
- 62.79%
- 1Y
- 91.12%
- 3Y*
- 21.56%
- 5Y*
- 18.93%
- 10Y*
- —
- ALL TIME*
- 21.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.24M | $8.41M | $7.85M | |
| $25.59M | $23.35M | $18.95M |
VRTS vs. MBIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VRTS Virtus Investment Partners, Inc. | 2.29% | -22.12% | -5.56% | 30.90% | -33.50% | 38.98% | 82.52% | 56.62% | -29.81% | -4.16% |
MBIN Merchants Bancorp | 62.79% | -5.51% | -13.59% | 77.01% | -22.06% | 72.80% | 42.55% | 0.30% | 2.43% | 16.05% |
Correlation
The correlation between VRTS and MBIN is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.47 |
The correlation between VRTS and MBIN shifts across timeframes, from 0.37 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
VRTS:
$1.06B
MBIN:
$2.53B
VRTS:
$17.54
MBIN:
$5.84
VRTS:
9.08
MBIN:
9.45
VRTS:
1.35
MBIN:
2.01
VRTS:
$805.14M
MBIN:
$1.26B
VRTS:
$402.78M
MBIN:
$298.10M
VRTS:
$257.88M
MBIN:
$141.76M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VRTS vs. MBIN — Risk / Return Rank
VRTS
MBIN
VRTS vs. MBIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Investment Partners, Inc. (VRTS) and Merchants Bancorp (MBIN). 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.
| VRTS | MBIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -3.83 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.45 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 6.83 | -7.18 |
| Martin ratioReturn relative to average drawdown | -0.59 | 16.55 | -17.14 |
Loading charts...
Drawdowns
VRTS vs. MBIN - Drawdown Comparison
The maximum VRTS drawdown since its inception was -74.36%, which is greater than MBIN's maximum drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for VRTS and MBIN.
Loading charts...
Drawdown Indicators
| VRTS | MBIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.36% | -53.77% | -20.59% |
Max Drawdown (1Y)Largest decline over 1 year | -35.94% | -13.30% | -22.64% |
Max Drawdown (3Y)Largest decline over 3 years | -46.59% | -43.94% | -2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -55.50% | -43.94% | -11.56% |
Max Drawdown (10Y)Largest decline over 10 years | -58.70% | — | — |
Current DrawdownCurrent decline from peak | -41.65% | -0.59% | -41.06% |
Average DrawdownAverage peak-to-trough decline | -31.57% | -19.65% | -11.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.00% | 5.48% | +15.52% |
Volatility
VRTS vs. MBIN - Volatility Comparison
The current volatility for Virtus Investment Partners, Inc. (VRTS) is 9.43%, while Merchants Bancorp (MBIN) has a volatility of 13.20%. This indicates that VRTS experiences smaller price fluctuations and is considered to be less risky than MBIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VRTS | MBIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.43% | 13.20% | -3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 27.87% | 23.83% | +4.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.86% | 35.95% | -1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.11% | 36.06% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.65% | 40.17% | -1.52% |
Dividends
VRTS vs. MBIN - Dividend Comparison
VRTS's dividend yield for the trailing twelve months is around 6.02%, more than MBIN's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBIN Merchants Bancorp | 0.76% | 1.17% | 0.99% | 0.75% | 1.15% | 0.76% | 1.16% | 1.42% | 1.20% | 0.25% | 0.00% | 0.00% |
VRTS Virtus Investment Partners, Inc. | 6.02% | 5.61% | 3.60% | 2.83% | 3.21% | 1.33% | 1.30% | 1.91% | 2.39% | 1.56% | 1.52% | 1.53% |
Financials
VRTS vs. MBIN - Financials Comparison
This section allows you to compare key financial metrics between Virtus Investment Partners, Inc. and Merchants Bancorp. 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
VRTS vs. MBIN - Profitability Comparison
VRTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Virtus Investment Partners, Inc. reported a gross profit of -131.82M and revenue of 214.86M. Therefore, the gross margin over that period was -61.4%.
MBIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Merchants Bancorp reported a gross profit of -159.95M and revenue of 247.47M. Therefore, the gross margin over that period was -64.6%.
VRTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Virtus Investment Partners, Inc. reported an operating income of 37.54M and revenue of 214.86M, resulting in an operating margin of 17.5%.
MBIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Merchants Bancorp reported an operating income of -84.31M and revenue of 247.47M, resulting in an operating margin of -34.1%.
VRTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Virtus Investment Partners, Inc. reported a net income of 45.31M and revenue of 214.86M, resulting in a net margin of 21.1%.
MBIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Merchants Bancorp reported a net income of 78.30M and revenue of 247.47M, resulting in a net margin of 31.6%.
Frequently Asked Questions
VRTS and MBIN have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MBIN has higher volatility (13.20%) compared to VRTS (9.43%). In terms of maximum drawdown, VRTS dropped -74.36% vs MBIN's -53.77%.
MBIN currently has the higher Sharpe Ratio (2.56 vs -0.36), 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.
Find the right allocation for VRTS and MBIN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer