AMG vs. MFC
AMG (Affiliated Managers Group, Inc.) and MFC (Manulife Financial Corporation) are both stocks. Both are in the Financial Services sector — AMG in Asset Management, MFC in Insurance - Life. Over the past 10 years, AMG returned 8.09%/yr vs 15.88%/yr for MFC. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
AMG vs. MFC - Performance Comparison
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Returns By Period
In the year-to-date period, AMG achieves a 16.78% return, which is significantly higher than MFC's 9.27% return. Over the past 10 years, AMG has underperformed MFC with an annualized return of 8.09%, while MFC has yielded a comparatively higher 15.88% annualized return.
AMG
- 1D
- -0.06%
- 1M
- 11.17%
- YTD
- 16.78%
- 6M
- 24.59%
- 1Y
- 84.69%
- 3Y*
- 31.53%
- 5Y*
- 15.94%
- 10Y*
- 8.09%
MFC
- 1D
- 0.46%
- 1M
- -1.92%
- YTD
- 9.27%
- 6M
- 13.46%
- 1Y
- 24.59%
- 3Y*
- 32.27%
- 5Y*
- 19.18%
- 10Y*
- 15.88%
AMG vs. MFC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMG Affiliated Managers Group, Inc. | 16.78% | 55.93% | 22.15% | -4.40% | -3.67% | 61.80% | 20.53% | -11.79% | -52.15% | 41.93% |
MFC Manulife Financial Corporation | 9.27% | 22.95% | 45.75% | 31.13% | -1.18% | 12.17% | -7.18% | 49.19% | -29.89% | 22.17% |
Correlation
The correlation between AMG and MFC is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 1999 | 0.51 |
The correlation between AMG and MFC shifts across timeframes, from 0.41 (1 year) to 0.57 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AMG:
$9.26B
MFC:
$46.97B
AMG:
$24.29
MFC:
$4.06
AMG:
13.86
MFC:
9.59
AMG:
0.46
MFC:
3.36
AMG:
4.42
MFC:
0.78
AMG:
3.00
MFC:
1.07
AMG:
$2.37B
MFC:
$79.35B
AMG:
$1.61B
MFC:
$26.46B
AMG:
$1.53B
MFC:
$8.26B
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Return for Risk
AMG vs. MFC — Risk / Return Rank
AMG
MFC
AMG vs. MFC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Affiliated Managers Group, Inc. (AMG) and Manulife Financial Corporation (MFC). 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.
| AMG | MFC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.56 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.22 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.32 | 1.98 | +2.34 |
| Martin ratioReturn relative to average drawdown | 12.31 | 5.41 | +6.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMG | MFC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.75 | 1.19 | +1.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.80 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.56 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.34 | -0.08 |
Drawdowns
AMG vs. MFC - Drawdown Comparison
The maximum AMG drawdown since its inception was -85.92%, roughly equal to the maximum MFC drawdown of -83.61%. Use the drawdown chart below to compare losses from any high point for AMG and MFC.
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Drawdown Indicators
| AMG | MFC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.92% | -83.61% | -2.31% |
Max Drawdown (1Y)Largest decline over 1 year | -19.72% | -12.49% | -7.23% |
Max Drawdown (3Y)Largest decline over 3 years | -26.97% | -16.75% | -10.22% |
Max Drawdown (5Y)Largest decline over 5 years | -41.22% | -26.99% | -14.23% |
Max Drawdown (10Y)Largest decline over 10 years | -78.52% | -57.44% | -21.08% |
Current DrawdownCurrent decline from peak | -0.06% | -1.95% | +1.89% |
Average DrawdownAverage peak-to-trough decline | -24.72% | -29.41% | +4.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 4.64% | +2.26% |
Volatility
AMG vs. MFC - Volatility Comparison
Affiliated Managers Group, Inc. (AMG) has a higher volatility of 9.00% compared to Manulife Financial Corporation (MFC) at 7.84%. This indicates that AMG's price experiences larger fluctuations and is considered to be riskier than MFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMG | MFC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.00% | 7.84% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 25.55% | 15.82% | +9.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.02% | 20.72% | +10.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.41% | 24.13% | +8.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.72% | 28.42% | +6.30% |
Dividends
AMG vs. MFC - Dividend Comparison
AMG's dividend yield for the trailing twelve months is around 0.01%, less than MFC's 3.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMG Affiliated Managers Group, Inc. | 0.01% | 0.01% | 0.02% | 0.03% | 0.03% | 0.02% | 0.34% | 1.51% | 1.23% | 0.39% | 0.00% | 0.00% |
MFC Manulife Financial Corporation | 3.43% | 3.45% | 4.16% | 4.86% | 5.71% | 4.91% | 4.70% | 3.71% | 4.08% | 3.93% | 4.15% | 5.38% |
Financials
AMG vs. MFC - Financials Comparison
This section allows you to compare key financial metrics between Affiliated Managers Group, Inc. and Manulife Financial Corporation. 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
AMG vs. MFC - Profitability Comparison
AMG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Affiliated Managers Group, Inc. reported a gross profit of 441.50M and revenue of 544.90M. Therefore, the gross margin over that period was 81.0%.
MFC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Manulife Financial Corporation reported a gross profit of 12.31B and revenue of 12.31B. Therefore, the gross margin over that period was 100.0%.
AMG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Affiliated Managers Group, Inc. reported an operating income of 77.40M and revenue of 544.90M, resulting in an operating margin of 14.2%.
MFC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Manulife Financial Corporation reported an operating income of 1.47B and revenue of 12.31B, resulting in an operating margin of 11.9%.
AMG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Affiliated Managers Group, Inc. reported a net income of 110.40M and revenue of 544.90M, resulting in a net margin of 20.3%.
MFC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Manulife Financial Corporation reported a net income of 1.20B and revenue of 12.31B, resulting in a net margin of 9.7%.
Frequently Asked Questions
AMG and MFC have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMG has higher volatility (9.00%) compared to MFC (7.84%). In terms of maximum drawdown, AMG dropped -85.92% vs MFC's -83.61%.
AMG currently has the higher Sharpe Ratio (2.75 vs 1.19), 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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