GMG.AX vs. MTSFY

Last updated Jun 4, 2026

GMG.AX (Goodman Group) and MTSFY (Mitsui Fudosan Co Ltd ADR) are both stocks. Both operate in the Real Estate - Diversified industry within the Real Estate sector. Over the past 5 years, GMG.AX returned 10.63%/yr vs 4.76%/yr for MTSFY. At a 0.08 correlation, their price movements are largely independent.

Performance

GMG.AX vs. MTSFY - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Goodman Group (GMG.AX) and Mitsui Fudosan Co Ltd ADR (MTSFY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GMG.AX is traded in AUD, while MTSFY is traded in USD. To make them comparable, the MTSFY values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GMG.AX achieves a 2.45% return, which is significantly higher than MTSFY's -24.35% return.

GMG.AX

• 1D: 0.44%
• 1M: 6.01%
• YTD: 2.45%
• 6M: 5.71%
• 1Y: -2.90%
• 3Y*: 17.92%
• 5Y*: 10.63%
• 10Y*: 18.06%

MTSFY

• 1D: -3.19%
• 1M: -13.41%
• YTD: -24.35%
• 6M: -25.58%
• 1Y: -13.91%
• 3Y*: 9.74%
• 5Y*: 4.76%
• 10Y*: —

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

GMG.AX vs. MTSFY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GMG.AX Goodman Group	2.45%	-12.27%	41.44%	47.71%	-33.40%	41.23%	42.56%	27.16%	36.20%
MTSFY Mitsui Fudosan Co Ltd ADR	-24.35%	33.38%	9.28%	34.98%	-1.68%	-3.40%	-18.85%	11.88%	17.27%

Correlation

The correlation between GMG.AX and MTSFY is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018	0.08

Return for Risk

GMG.AX vs. MTSFY — Risk / Return Rank

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

GMG.AX

GMG.AX Risk / Return Rank: 34
GMG.AX Sharpe Ratio Rank: 37
GMG.AX Sortino Ratio Rank: 31
GMG.AX Omega Ratio Rank: 31
GMG.AX Calmar Ratio Rank: 37
GMG.AX Martin Ratio Rank: 37

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.

GMG.AX vs. MTSFY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goodman Group (GMG.AX) 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.

	GMG.AX	MTSFY	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	-0.48	+0.37
Sortino ratio: Return per unit of downside risk	0.04	-0.51	+0.54
Omega ratio: Gain probability vs. loss probability	1.00	0.94	+0.06
Calmar ratio: Return relative to maximum drawdown	-0.09	-0.40	+0.31
Martin ratio: Return relative to average drawdown	-0.20	-1.10	+0.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GMG.AX vs. MTSFY - Sharpe Ratio Comparison

The current GMG.AX Sharpe Ratio is -0.11, which is higher than the MTSFY Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of GMG.AX 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

	GMG.AX	MTSFY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.11	-0.48	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.17	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.16	-0.01

Drawdowns

GMG.AX vs. MTSFY - Drawdown Comparison

The maximum GMG.AX drawdown since its inception was -97.46%, which is greater than MTSFY's maximum drawdown of -48.67%. Use the drawdown chart below to compare losses from any high point for GMG.AX and MTSFY.

Drawdown Indicators

	GMG.AX	MTSFY	Difference
Max Drawdown Largest peak-to-trough decline	-97.46%	-48.67%	-48.79%
Max Drawdown (1Y) Largest decline over 1 year	-30.44%	-34.65%	+4.21%
Max Drawdown (3Y) Largest decline over 3 years	-34.63%	-34.65%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-41.15%	-34.65%	-6.50%
Max Drawdown (10Y) Largest decline over 10 years	-41.64%	—	—
Current Drawdown Current decline from peak	-17.08%	-34.56%	+17.48%
Average Drawdown Average peak-to-trough decline	-45.79%	-20.03%	-25.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.68%	12.71%	+1.97%

Volatility

GMG.AX vs. MTSFY - Volatility Comparison

The current volatility for Goodman Group (GMG.AX) is 8.96%, while Mitsui Fudosan Co Ltd ADR (MTSFY) has a volatility of 13.60%. This indicates that GMG.AX 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

	GMG.AX	MTSFY	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.96%	13.60%	-4.64%
Volatility (6M) Calculated over the trailing 6-month period	22.36%	22.80%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	27.07%	29.36%	-2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.44%	28.77%	-1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.72%	33.07%	-6.35%

Dividends

GMG.AX vs. MTSFY - Dividend Comparison

GMG.AX's dividend yield for the trailing twelve months is around 0.95%, while MTSFY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMG.AX Goodman Group	0.95%	0.97%	0.42%	1.19%	1.73%	0.74%	0.80%	1.17%	2.75%	3.20%	3.48%	3.67%
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 GMG.AX and MTSFY in my portfolio?

GMG.AX and MTSFY have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.