MKTX vs PFSI

Comparison between MarketAxess Holdings Inc (MKTX, Company) and PennyMac Financial Services Inc (PFSI, Company).

Both MKTX and PFSI are from the Financial Services sector.

5-Year PerformancePFSI has outperformed MKTX, delivering a return of +7.0% compared to -22.2%

MKTX vs PFSI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MKTX(COMPANY)	PFSI(COMPANY)
Market Cap	$4.28B	$4.28B
Max Drawdown	80.60%	56.63%
Sharpe Ratio	-2.17	-0.05
5Y Beta	-0.13	0.64
Industry	Capital Markets	Mortgage Finance
P/E Ratio	14.15	8.43
Forward P/E	14.84	5.43
PEG Ratio	0.29	0.19
Dividend Yield	2.45%	1.44%
5Y Dividends CAGR	8.79%	11.38%
5Y EPS CAGR	1.15%	-2.16%
Debt to Equity	19.17%	144.02%
Free Cash Flow Yield	6.33%	-95.24%

Market Cap

MKTX

$4.28B

Winner

PFSI

$4.28B

Max Drawdown

MKTX

80.60%

Winner

PFSI

56.63%

Sharpe Ratio

MKTX

-2.17

Winner

PFSI

-0.05

5Y Beta

Winner

MKTX

-0.13

PFSI

0.64

Industry

MKTX

Capital Markets

PFSI

Mortgage Finance

P/E Ratio

MKTX

14.15

Winner

PFSI

8.43

Forward P/E

MKTX

14.84

Winner

PFSI

5.43

PEG Ratio

MKTX

0.29

Winner

PFSI

0.19

Dividend Yield

Winner

MKTX

2.45%

PFSI

1.44%

5Y Dividends CAGR

MKTX

8.79%

Winner

PFSI

11.38%

5Y EPS CAGR

Winner

MKTX

1.15%

PFSI

-2.16%

Debt to Equity

Winner

MKTX

19.17%

PFSI

144.02%

Free Cash Flow Yield

Winner

MKTX

6.33%

PFSI

-95.24%

MKTX vs PFSI - Historical Returns

Returns include dividend reinvestment.

Period	MKTX	PFSI
1 month	-14.24%	-4.73%
3 months	-30.70%	-5.21%
6 months	-32.87%	-37.36%
1 year	-44.48%	-11.93%
5 years(CAGR)	-22.16%	+6.96%
10 years(CAGR)	-0.55%	+21.19%
Max(CAGR)	+10.48%	+12.67%

MKTX

-14.24%

Winner

PFSI

-4.73%

MKTX

-30.70%

Winner

PFSI

-5.21%

Winner

MKTX

-32.87%

PFSI

-37.36%

MKTX

-44.48%

Winner

PFSI

-11.93%

5Y(CAGR)

MKTX

-22.16%

Winner

PFSI

+6.96%

10Y(CAGR)

MKTX

-0.55%

Winner

PFSI

+21.19%

Max(CAGR)

MKTX

+10.48%

Winner

PFSI

+12.67%

MKTX vs PFSI - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	MKTX	PFSI
2026	-31.93%	-36.94%
2025	-18.26%	+33.53%
2024	-19.83%	+17.54%
2023	+3.88%	+54.87%
2022	-29.01%	-17.98%
2021	-26.51%	+13.59%
2020	+50.84%	+98.91%
2019	+82.49%	+59.37%
2018	+4.66%	-6.84%
2017	+35.29%	+33.43%
2016	+35.49%	+10.05%
2015	+60.05%	-10.28%
2014	+10.85%	-2.43%
2013	+86.74%	-8.12%
2012	+27.24%	N/A
2011	+49.22%	N/A
2010	+49.24%	N/A
2009	+61.04%	N/A
2008	-33.55%	N/A
2007	-4.82%	N/A
2006	+20.94%	N/A
2005	-28.34%	N/A
2004	-2.74%	N/A

MKTX vs PFSI Drawdown Comparison

The maximum drawdown for MKTX was -80.60%, occurring on Oct 17, 2008. Recovery took 1549 trading sessions.

The maximum drawdown for PFSI was -56.49%, occurring on Mar 19, 2020. Recovery took 88 trading sessions.

The current MKTX drawdown is -78.18%. The current PFSI drawdown is -47.99%.

Rank	MKTX	PFSI
#1	-80.60% Nov 22, 2004 - Jan 18, 2011	-56.49% Feb 7, 2020 - Jun 15, 2020
#2	-78.95% Dec 22, 2020 - Jun 10, 2026	-51.85% May 21, 2013 - Jan 2, 2018
#3	-32.71% Sep 6, 2019 - Apr 16, 2020	-49.77% Jan 16, 2026 - Jun 8, 2026
#4	-32.34% Nov 21, 2013 - Dec 17, 2014	-43.27% Dec 30, 2021 - Feb 2, 2023
#5	-30.38% Mar 28, 2012 - Jan 2, 2013	-23.92% Oct 15, 2020 - Dec 22, 2020
#6	-22.24% Mar 16, 2018 - Dec 7, 2018	-22.97% Sep 16, 2024 - Sep 4, 2025
#7	-20.10% Aug 29, 2011 - Nov 3, 2011	-22.94% Feb 16, 2018 - Feb 22, 2019
#8	-19.95% Jul 9, 2020 - Oct 20, 2020	-22.83% Feb 2, 2023 - Jul 12, 2023
#9	-16.64% Jun 19, 2017 - Jan 5, 2018	-22.69% Jul 26, 2023 - Dec 12, 2023
#10	-16.39% Apr 7, 2011 - Jul 1, 2011	-18.65% Dec 22, 2020 - Aug 6, 2021
#11	-15.90% Sep 15, 2016 - Jan 25, 2017	-15.70% Feb 22, 2019 - Aug 2, 2019
#12	-15.73% Jul 10, 2015 - Nov 18, 2015	-13.02% Aug 6, 2021 - Dec 8, 2021
#13	-14.71% Nov 3, 2011 - Dec 20, 2011	-10.50% Jan 5, 2018 - Feb 16, 2018
#14	-13.55% Aug 3, 2011 - Aug 17, 2011	-10.35% Dec 14, 2023 - Feb 2, 2024
#15	-13.09% Dec 13, 2018 - Feb 15, 2019	-9.88% Sep 18, 2025 - Oct 22, 2025

Correlation

Correlation between MKTX and PFSI is 0.32 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.32

-101

Dividend Comparison (2009 - 2026)

MKTX vs PFSI dividend yield comparison.

Year	MKTX	PFSI
2026	1.30%	0.73%
2025	1.68%	0.91%
2024	1.64%	0.98%
2023	0.98%	0.91%
2022	1.00%	1.41%
2021	0.64%	1.15%
2020	0.42%	0.82%
2019	0.54%	0.35%
2018	0.80%	1.88%
2017	0.65%	0.00%
2016	0.71%	0.00%
2015	0.72%	0.00%
2014	0.89%	0.00%
2013	0.78%	0.00%
2012	4.93%	0.00%
2011	1.20%	0.00%
2010	1.35%	0.00%
2009	0.50%	0.00%