EMG.L vs. MNG.L

Last updated Apr 2, 2026

Compare and contrast key facts about Man Group plc (EMG.L) and M&G plc (MNG.L).

Performance

EMG.L vs. MNG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Man Group plc (EMG.L) and M&G plc (MNG.L). The values are adjusted to include any dividend payments, if applicable.

EMG.L vs. MNG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EMG.L Man Group plc	14.42%	15.64%	-2.97%	15.39%	-1.55%	72.22%	-7.02%	3.91%
MNG.L M&G plc	4.27%	58.44%	-2.67%	31.17%	2.51%	9.91%	-5.99%	8.81%

Fundamentals

Market Cap EMG.L : £2.96B MNG.L : £7.29B
EPS EMG.L : £0.41 MNG.L : -£0.02
PS Ratio EMG.L : 1.05 MNG.L : 0.26
PB Ratio EMG.L : 1.88 MNG.L : 2.33
Total Revenue (TTM) EMG.L : £2.87B MNG.L : £27.20B
Gross Profit (TTM) EMG.L : £1.83B MNG.L : £28.73B
EBITDA (TTM) EMG.L : £808.12M MNG.L : £2.40B

Returns By Period

In the year-to-date period, EMG.L achieves a 14.42% return, which is significantly higher than MNG.L's 4.27% return.

EMG.L

• 1D: 4.05%
• 1M: -2.24%
• YTD: 14.42%
• 6M: 44.00%
• 1Y: 45.63%
• 3Y*: 10.38%
• 5Y*: 16.52%
• 10Y*: 11.55%

MNG.L

• 1D: 4.78%
• 1M: -5.01%
• YTD: 4.27%
• 6M: 18.37%
• 1Y: 54.00%
• 3Y*: 23.11%
• 5Y*: 16.20%
• 10Y*: —

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

Return for Risk

EMG.L vs. MNG.L — Risk / Return Rank

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

EMG.L

EMG.L Risk / Return Rank: 83
EMG.L Sharpe Ratio Rank: 84
EMG.L Sortino Ratio Rank: 81
EMG.L Omega Ratio Rank: 79
EMG.L Calmar Ratio Rank: 87
EMG.L Martin Ratio Rank: 84

MNG.L

MNG.L Risk / Return Rank: 93
MNG.L Sharpe Ratio Rank: 94
MNG.L Sortino Ratio Rank: 92
MNG.L Omega Ratio Rank: 94
MNG.L Calmar Ratio Rank: 92
MNG.L Martin Ratio Rank: 95

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.

EMG.L vs. MNG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Group plc (EMG.L) and M&G plc (MNG.L). 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.

	EMG.L	MNG.L	Difference
Sharpe ratio Return per unit of total volatility	1.57	2.50	-0.93
Sortino ratio Return per unit of downside risk	2.21	3.17	-0.96
Omega ratio Gain probability vs. loss probability	1.28	1.48	-0.20
Calmar ratio Return relative to maximum drawdown	3.35	4.54	-1.19
Martin ratio Return relative to average drawdown	7.80	16.10	-8.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMG.L vs. MNG.L - Sharpe Ratio Comparison

The current EMG.L Sharpe Ratio is 1.57, which is lower than the MNG.L Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of EMG.L and MNG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EMG.L	MNG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	2.50	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.67	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.40	-0.03

Correlation

The correlation between EMG.L and MNG.L is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EMG.L vs. MNG.L - Dividend Comparison

EMG.L's dividend yield for the trailing twelve months is around 4.94%, less than MNG.L's 7.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMG.L Man Group plc	4.94%	5.65%	5.97%	5.37%	5.35%	3.59%	5.65%	5.02%	6.81%	3.58%	5.77%	4.23%
MNG.L M&G plc	7.19%	7.05%	10.01%	8.95%	9.80%	9.19%	9.05%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EMG.L vs. MNG.L - Drawdown Comparison

The maximum EMG.L drawdown since its inception was -85.43%, which is greater than MNG.L's maximum drawdown of -62.75%. Use the drawdown chart below to compare losses from any high point for EMG.L and MNG.L.

Drawdown Indicators

	EMG.L	MNG.L	Difference
Max Drawdown Largest peak-to-trough decline	-85.43%	-62.75%	-22.68%
Max Drawdown (1Y) Largest decline over 1 year	-16.21%	-13.49%	-2.72%
Max Drawdown (5Y) Largest decline over 5 years	-37.90%	-27.97%	-9.93%
Max Drawdown (10Y) Largest decline over 10 years	-50.75%	—	—
Current Drawdown Current decline from peak	-6.10%	-7.37%	+1.27%
Average Drawdown Average peak-to-trough decline	-29.06%	-10.04%	-19.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.78%	3.32%	+2.46%

Volatility

EMG.L vs. MNG.L - Volatility Comparison

Man Group plc (EMG.L) has a higher volatility of 10.52% compared to M&G plc (MNG.L) at 9.47%. This indicates that EMG.L's price experiences larger fluctuations and is considered to be riskier than MNG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMG.L	MNG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.52%	9.47%	+1.05%
Volatility (6M) Calculated over the trailing 6-month period	20.62%	13.62%	+7.00%
Volatility (1Y) Calculated over the trailing 1-year period	28.97%	21.47%	+7.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.09%	24.22%	+4.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.71%	36.80%	-7.09%

Financials

EMG.L vs. MNG.L - Profitability Comparison

The chart below illustrates the profitability comparison between Man Group plc and M&G plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EMG.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Man Group plc reported a gross profit of 680.25M and revenue of 831.97M. Therefore, the gross margin over that period was 81.8%.

MNG.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, M&G plc reported a gross profit of 13.84B and revenue of 13.84B. Therefore, the gross margin over that period was 100.0%.

EMG.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Man Group plc reported an operating income of 240.15M and revenue of 831.97M, resulting in an operating margin of 28.9%.

MNG.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, M&G plc reported an operating income of 751.00M and revenue of 13.84B, resulting in an operating margin of 5.4%.

EMG.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Man Group plc reported a net income of 124.60M and revenue of 831.97M, resulting in a net margin of 15.0%.

MNG.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, M&G plc reported a net income of 59.00M and revenue of 13.84B, resulting in a net margin of 0.4%.