MBINL vs UPWK

Comparison between Merchants Bancorp (MBINL, Company) and Upwork Inc (UPWK, Company).

MBINL is from the Financial Services sector, while UPWK is from the Communication Services sector.

MBINL vs UPWK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MBINL(COMPANY)	UPWK(COMPANY)
Market Cap	$1.15B	$1.14B
Max Drawdown	12.95%	87.48%
Sharpe Ratio	1.07	-0.25
5Y Beta	0.15	1.01
Industry	Banks - Regional	Internet Content & Information
P/E Ratio	5.03	10.94
Forward P/E	N/A	5.90
PEG Ratio	N/A	0.98
Dividend Yield	1.64%	N/A
5Y EPS CAGR	24.18%	N/A
Debt to Equity	0.00%	126.48%
Free Cash Flow Yield	-95.99%	20.08%
P/S Ratio	N/A	1.44
P/B Ratio	N/A	1.96

Market Cap

Winner

MBINL

$1.15B

UPWK

$1.14B

Max Drawdown

Winner

MBINL

12.95%

UPWK

87.48%

Sharpe Ratio

Winner

MBINL

1.07

UPWK

-0.25

5Y Beta

Winner

MBINL

0.15

UPWK

1.01

Industry

MBINL

Banks - Regional

UPWK

Internet Content & Information

P/E Ratio

Winner

MBINL

5.03

UPWK

10.94

Forward P/E

MBINL

N/A

UPWK

5.90

PEG Ratio

MBINL

N/A

UPWK

0.98

Dividend Yield

MBINL

1.64%

UPWK

N/A

5Y EPS CAGR

MBINL

24.18%

UPWK

N/A

Debt to Equity

Winner

MBINL

0.00%

UPWK

126.48%

Free Cash Flow Yield

MBINL

-95.99%

Winner

UPWK

20.08%

P/S Ratio

MBINL

N/A

UPWK

1.44

P/B Ratio

MBINL

N/A

UPWK

1.96

MBINL vs UPWK - Historical Returns

Returns include dividend reinvestment.

Period	MBINL	UPWK
1 month	+0.32%	+13.76%
3 months	+4.42%	-13.29%
6 months	+8.78%	-51.74%
1 year	+13.65%	-27.98%
5 years(CAGR)	N/A	-27.45%
Max(CAGR)	+6.36%	-9.68%

MBINL

+0.32%

Winner

UPWK

+13.76%

Winner

MBINL

+4.42%

UPWK

-13.29%

Winner

MBINL

+8.78%

UPWK

-51.74%

Winner

MBINL

+13.65%

UPWK

-27.98%

5Y(CAGR)

MBINL

N/A

UPWK

-27.45%

Max(CAGR)

Winner

MBINL

+6.36%

UPWK

-9.68%

MBINL vs UPWK - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	MBINL	UPWK
2026	+12.19%	-51.66%
2025	-3.13%	+20.78%
2024	+0.21%	+14.02%
2023	N/A	+37.94%
2022	N/A	-69.08%
2021	N/A	+1.67%
2020	N/A	+228.14%
2019	N/A	-42.42%
2018	N/A	-14.49%

MBINL vs UPWK Drawdown Comparison

The maximum drawdown for MBINL was -8.80%, occurring on Aug 22, 2025. Recovery took 244 trading sessions.

The maximum drawdown for UPWK was -87.48%, occurring on May 25, 2023. This drawdown has not yet recovered.

The current MBINL drawdown is -0.76%. The current UPWK drawdown is -84.20%.

Rank	MBINL	UPWK
#1	-8.80% Jan 29, 2025 - Jan 20, 2026	-87.48% Jul 13, 2021 - May 25, 2023
#2	-4.90% Feb 18, 2026 - May 8, 2026	-77.42% Feb 27, 2019 - Nov 5, 2020
#3	-2.82% Dec 6, 2024 - Jan 29, 2025	-33.40% Feb 16, 2021 - Jun 24, 2021
#4	-2.55% Jun 17, 2026 - Jul 6, 2026	-24.41% Oct 3, 2018 - Feb 6, 2019
#5	-1.36% Jun 4, 2026 - Jun 15, 2026	-17.02% Dec 21, 2020 - Jan 12, 2021
#6	-0.92% May 28, 2026 - Jun 3, 2026	-10.33% Nov 20, 2020 - Dec 8, 2020
#7	-0.76% Jul 15, 2026 - Jul 16, 2026	-8.92% Jan 12, 2021 - Jan 25, 2021
#8	-0.58% Jan 21, 2026 - Jan 26, 2026	-8.36% Jan 26, 2021 - Feb 2, 2021
#9	-0.52% Feb 9, 2026 - Feb 17, 2026	-7.25% Nov 6, 2020 - Nov 11, 2020
#10	-0.52% Jul 6, 2026 - Jul 14, 2026	-7.22% Feb 6, 2019 - Feb 12, 2019
#11	-0.27% May 21, 2026 - May 28, 2026	-6.57% Jun 29, 2021 - Jul 13, 2021
#12	-0.24% Jan 30, 2026 - Feb 4, 2026	-5.46% Dec 8, 2020 - Dec 15, 2020
#13	-0.16% May 18, 2026 - May 20, 2026	-5.05% Feb 14, 2019 - Feb 27, 2019
#14	-0.14% Feb 4, 2026 - Feb 6, 2026	-3.41% Feb 9, 2021 - Feb 11, 2021
#15	-0.12% May 11, 2026 - May 13, 2026	-2.56% Jun 24, 2021 - Jun 29, 2021

Correlation

Correlation between MBINL and UPWK is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101