WTW vs. MERC
WTW (Willis Towers Watson Public Limited Company) and MERC (Mercer International Inc.) are both stocks. WTW operates in Insurance Brokers (Financial Services), while MERC operates in Paper & Paper Products (Basic Materials). Over the past 10 years, WTW returned 12.59%/yr vs -19.21%/yr for MERC. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
WTW vs. MERC - Performance Comparison
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Returns By Period
In the year-to-date period, WTW achieves a 4.69% return, which is significantly higher than MERC's -66.21% return. Over the past 10 years, WTW has outperformed MERC with an annualized return of 12.59%, while MERC has yielded a comparatively lower -19.21% annualized return.
WTW
- 1D
- 1.70%
- 1M
- 19.36%
- 6M
- 8.66%
- YTD
- 4.69%
- 1Y
- 9.89%
- 3Y*
- 18.59%
- 5Y*
- 11.58%
- 10Y*
- 12.59%
- ALL TIME*
- 11.65%
MERC
- 1D
- 5.85%
- 1M
- -14.23%
- 6M
- -65.52%
- YTD
- -66.21%
- 1Y
- -77.85%
- 3Y*
- -56.96%
- 5Y*
- -41.84%
- 10Y*
- -19.21%
- ALL TIME*
- -5.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $237.81K | $403.25K | $475.85K | |
| $207.82M | $182.77M | $191.85M |
WTW vs. MERC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTW Willis Towers Watson Public Limited Company | 4.69% | 6.09% | 31.48% | 0.08% | 4.53% | 14.16% | 5.83% | 34.81% | 2.42% | 25.05% |
MERC Mercer International Inc. | -66.21% | -68.51% | -28.65% | -15.71% | -0.59% | 19.46% | -12.81% | 22.62% | -24.32% | 39.65% |
Correlation
The correlation between WTW and MERC is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.21 |
Fundamentals
WTW:
$31.73B
MERC:
$44.81M
WTW:
$16.14
MERC:
-$11.82
WTW:
3.28
MERC:
0.02
WTW:
$10.10B
MERC:
$1.85B
WTW:
$553.00M
MERC:
-$64.63M
WTW:
$2.57B
MERC:
-$73.03M
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Return for Risk
WTW vs. MERC — Risk / Return Rank
WTW
MERC
WTW vs. MERC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Willis Towers Watson Public Limited Company (WTW) and Mercer International Inc. (MERC). 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.
| WTW | MERC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.77 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | -0.93 | +1.26 |
| Martin ratioReturn relative to average drawdown | 0.68 | -1.50 | +2.19 |
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Drawdowns
WTW vs. MERC - Drawdown Comparison
The maximum WTW drawdown since its inception was -32.95%, smaller than the maximum MERC drawdown of -99.05%. Use the drawdown chart below to compare losses from any high point for WTW and MERC.
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Drawdown Indicators
| WTW | MERC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.95% | -99.05% | +66.10% |
Max Drawdown (1Y)Largest decline over 1 year | -30.39% | -83.55% | +53.16% |
Max Drawdown (3Y)Largest decline over 3 years | -30.39% | -94.64% | +64.25% |
Max Drawdown (5Y)Largest decline over 5 years | -30.39% | -96.43% | +66.04% |
Max Drawdown (10Y)Largest decline over 10 years | -32.95% | -96.43% | +63.48% |
Current DrawdownCurrent decline from peak | -1.42% | -96.54% | +95.12% |
Average DrawdownAverage peak-to-trough decline | -7.88% | -61.31% | +53.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.51% | 51.78% | -37.27% |
Volatility
WTW vs. MERC - Volatility Comparison
The current volatility for Willis Towers Watson Public Limited Company (WTW) is 9.62%, while Mercer International Inc. (MERC) has a volatility of 30.78%. This indicates that WTW experiences smaller price fluctuations and is considered to be less risky than MERC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTW | MERC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.62% | 30.78% | -21.16% |
Volatility (6M)Calculated over the trailing 6-month period | 27.69% | 62.44% | -34.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.67% | 78.22% | -48.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.85% | 54.78% | -30.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.69% | 49.62% | -24.93% |
Dividends
WTW vs. MERC - Dividend Comparison
WTW's dividend yield for the trailing twelve months is around 1.10%, while MERC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MERC Mercer International Inc. | 0.00% | 7.58% | 4.62% | 3.16% | 2.58% | 2.17% | 3.24% | 4.37% | 4.79% | 3.29% | 4.32% | 2.54% |
WTW Willis Towers Watson Public Limited Company | 1.10% | 1.12% | 1.12% | 1.39% | 1.34% | 1.27% | 1.31% | 1.29% | 1.58% | 1.41% | 1.57% | 0.00% |
Financials
WTW vs. MERC - Financials Comparison
This section allows you to compare key financial metrics between Willis Towers Watson Public Limited Company and Mercer 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
WTW vs. MERC - Profitability Comparison
WTW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Willis Towers Watson Public Limited Company reported a gross profit of -2.41B and revenue of 2.47B. Therefore, the gross margin over that period was -97.8%.
MERC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Mercer International Inc. reported a gross profit of 0.00 and revenue of 489.30M. Therefore, the gross margin over that period was 0.0%.
WTW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Willis Towers Watson Public Limited Company reported an operating income of 364.00M and revenue of 2.47B, resulting in an operating margin of 14.8%.
MERC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Mercer International Inc. reported an operating income of -32.89M and revenue of 489.30M, resulting in an operating margin of -6.7%.
WTW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Willis Towers Watson Public Limited Company reported a net income of 229.00M and revenue of 2.47B, resulting in a net margin of 9.3%.
MERC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Mercer International Inc. reported a net income of -52.00M and revenue of 489.30M, resulting in a net margin of -10.6%.
Frequently Asked Questions
WTW and MERC have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MERC has higher volatility (30.78%) compared to WTW (9.62%). In terms of maximum drawdown, WTW dropped -32.95% vs MERC's -99.05%.
WTW currently has the higher Sharpe Ratio (0.34 vs -1.00), 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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