COV.PA vs. MTSFY

Last updated Jun 4, 2026

COV.PA (Covivio SA) and MTSFY (Mitsui Fudosan Co Ltd ADR) are both stocks. Both are in the Real Estate sector — COV.PA in REIT - Diversified, MTSFY in Real Estate - Diversified. Over the past 5 years, COV.PA returned -3.33%/yr vs 4.01%/yr for MTSFY. At a 0.11 correlation, their price movements are largely independent.

Performance

COV.PA vs. MTSFY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Covivio SA (COV.PA) and Mitsui Fudosan Co Ltd ADR (MTSFY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

COV.PA is traded in EUR, while MTSFY is traded in USD. To make them comparable, the MTSFY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, COV.PA achieves a -3.48% return, which is significantly higher than MTSFY's -18.21% return.

COV.PA

• 1D: -1.93%
• 1M: -3.09%
• YTD: -3.48%
• 6M: -0.77%
• 1Y: 5.76%
• 3Y*: 8.47%
• 5Y*: -3.33%
• 10Y*: 0.50%

MTSFY

• 1D: -3.43%
• 1M: -13.26%
• YTD: -18.21%
• 6M: -19.19%
• 1Y: -6.96%
• 3Y*: 9.58%
• 5Y*: 4.01%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COV.PA vs. MTSFY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
COV.PA Covivio SA	-3.48%	18.51%	7.76%	-7.99%	-19.04%	0.60%	-19.00%	26.14%	2.35%
MTSFY Mitsui Fudosan Co Ltd ADR	-18.21%	26.75%	5.85%	30.83%	-2.06%	-1.93%	-18.37%	13.88%	13.31%

Correlation

The correlation between COV.PA and MTSFY is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018	0.11

Return for Risk

COV.PA vs. MTSFY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COV.PA

COV.PA Risk / Return Rank: 47
COV.PA Sharpe Ratio Rank: 51
COV.PA Sortino Ratio Rank: 44
COV.PA Omega Ratio Rank: 42
COV.PA Calmar Ratio Rank: 48
COV.PA Martin Ratio Rank: 50

MTSFY

MTSFY Risk / Return Rank: 33
MTSFY Sharpe Ratio Rank: 34
MTSFY Sortino Ratio Rank: 30
MTSFY Omega Ratio Rank: 30
MTSFY Calmar Ratio Rank: 36
MTSFY Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COV.PA vs. MTSFY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Covivio SA (COV.PA) and Mitsui Fudosan Co Ltd ADR (MTSFY). 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.

	COV.PA	MTSFY	Difference
Sharpe ratio Return per unit of total volatility	0.27	-0.23	+0.50
Sortino ratio Return per unit of downside risk	0.57	-0.12	+0.69
Omega ratio Gain probability vs. loss probability	1.07	0.99	+0.08
Calmar ratio Return relative to maximum drawdown	0.34	-0.21	+0.55
Martin ratio Return relative to average drawdown	0.84	-0.60	+1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COV.PA vs. MTSFY - Sharpe Ratio Comparison

The current COV.PA Sharpe Ratio is 0.27, which is higher than the MTSFY Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of COV.PA and MTSFY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COV.PA	MTSFY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.27	-0.23	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.12	0.14	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.14	+0.23

Drawdowns

COV.PA vs. MTSFY - Drawdown Comparison

The maximum COV.PA drawdown since its inception was -77.24%, which is greater than MTSFY's maximum drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for COV.PA and MTSFY.

Drawdown Indicators

	COV.PA	MTSFY	Difference
Max Drawdown Largest peak-to-trough decline	-77.24%	-50.33%	-26.91%
Max Drawdown (1Y) Largest decline over 1 year	-16.90%	-32.71%	+15.81%
Max Drawdown (3Y) Largest decline over 3 years	-21.91%	-32.71%	+10.80%
Max Drawdown (5Y) Largest decline over 5 years	-49.90%	-32.71%	-17.19%
Max Drawdown (10Y) Largest decline over 10 years	-64.16%	—	—
Current Drawdown Current decline from peak	-32.15%	-32.71%	+0.56%
Average Drawdown Average peak-to-trough decline	-20.21%	-19.40%	-0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.84%	11.80%	-4.96%

Volatility

COV.PA vs. MTSFY - Volatility Comparison

The current volatility for Covivio SA (COV.PA) is 6.52%, while Mitsui Fudosan Co Ltd ADR (MTSFY) has a volatility of 13.92%. This indicates that COV.PA experiences smaller price fluctuations and is considered to be less risky than MTSFY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COV.PA	MTSFY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.52%	13.92%	-7.40%
Volatility (6M) Calculated over the trailing 6-month period	18.10%	23.59%	-5.49%
Volatility (1Y) Calculated over the trailing 1-year period	21.32%	30.31%	-8.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.82%	29.25%	-2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.91%	33.60%	-3.69%

Dividends

COV.PA vs. MTSFY - Dividend Comparison

COV.PA's dividend yield for the trailing twelve months is around 2.82%, while MTSFY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COV.PA Covivio SA	2.82%	1.79%	6.77%	5.05%	6.76%	4.99%	6.37%	4.55%	5.34%	1.09%	3.72%	1.58%
MTSFY Mitsui Fudosan Co Ltd ADR	0.00%	0.98%	1.26%	0.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both COV.PA and MTSFY in my portfolio?

COV.PA and MTSFY have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.