HY vs. MFG
HY (Hyster-Yale Materials Handling, Inc.) and MFG (Mizuho Financial Group, Inc.) are both stocks. HY operates in Farm & Heavy Construction Machinery (Industrials), while MFG operates in Banks - Regional (Financial Services). Over the past 10 years, HY returned -1.54%/yr vs 15.76%/yr for MFG. At a 0.27 correlation, their price movements are largely independent.
Performance
HY vs. MFG - Performance Comparison
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Returns By Period
In the year-to-date period, HY achieves a 32.29% return, which is significantly lower than MFG's 38.66% return. Over the past 10 years, HY has underperformed MFG with an annualized return of -1.54%, while MFG has yielded a comparatively higher 15.76% annualized return.
HY
- 1D
- -1.93%
- 1M
- 14.91%
- YTD
- 32.29%
- 6M
- 27.15%
- 1Y
- 4.39%
- 3Y*
- -6.06%
- 5Y*
- -8.73%
- 10Y*
- -1.54%
MFG
- 1D
- -1.46%
- 1M
- 8.91%
- YTD
- 38.66%
- 6M
- 37.91%
- 1Y
- 88.84%
- 3Y*
- 55.25%
- 5Y*
- 33.53%
- 10Y*
- 15.76%
HY vs. MFG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HY Hyster-Yale Materials Handling, Inc. | 32.29% | -39.45% | -16.27% | 153.37% | -35.94% | -29.47% | 3.87% | -2.66% | -25.91% | 35.83% |
MFG Mizuho Financial Group, Inc. | 38.66% | 54.60% | 47.85% | 26.14% | 17.09% | 2.40% | -15.06% | 3.00% | -17.58% | 3.21% |
Correlation
The correlation between HY and MFG is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2012 | 0.27 |
The correlation between HY and MFG shifts across timeframes, from 0.24 (3 years) to 0.36 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
HY:
$686.82M
MFG:
$123.83B
HY:
-$5.59
MFG:
¥101.00
HY:
0.19
MFG:
2.35
HY:
1.60
MFG:
1.76
HY:
$3.65B
MFG:
¥8.66T
HY:
$580.60M
MFG:
¥4.12T
HY:
-$200.00K
MFG:
¥1.63T
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Return for Risk
HY vs. MFG — Risk / Return Rank
HY
MFG
HY vs. MFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hyster-Yale Materials Handling, Inc. (HY) and Mizuho Financial Group, Inc. (MFG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HY | MFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.80 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.45 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 3.61 | -3.49 |
| Martin ratioReturn relative to average drawdown | 0.24 | 9.57 | -9.33 |
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Drawdowns
HY vs. MFG - Drawdown Comparison
The maximum HY drawdown since its inception was -77.61%, roughly equal to the maximum MFG drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for HY and MFG.
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Drawdown Indicators
| HY | MFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.61% | -80.57% | +2.96% |
Max Drawdown (1Y)Largest decline over 1 year | -38.95% | -24.78% | -14.17% |
Max Drawdown (3Y)Largest decline over 3 years | -66.38% | -28.33% | -38.05% |
Max Drawdown (5Y)Largest decline over 5 years | -70.08% | -28.33% | -41.75% |
Max Drawdown (10Y)Largest decline over 10 years | -77.61% | -49.87% | -27.74% |
Current DrawdownCurrent decline from peak | -54.44% | -1.46% | -52.98% |
Average DrawdownAverage peak-to-trough decline | -37.64% | -60.76% | +23.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.60% | 9.31% | +9.29% |
Volatility
HY vs. MFG - Volatility Comparison
Hyster-Yale Materials Handling, Inc. (HY) has a higher volatility of 13.03% compared to Mizuho Financial Group, Inc. (MFG) at 8.51%. This indicates that HY's price experiences larger fluctuations and is considered to be riskier than MFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HY | MFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.03% | 8.51% | +4.52% |
Volatility (6M)Calculated over the trailing 6-month period | 35.07% | 24.11% | +10.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.94% | 30.95% | +16.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.13% | 29.69% | +18.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.46% | 26.51% | +19.95% |
Dividends
HY vs. MFG - Dividend Comparison
HY's dividend yield for the trailing twelve months is around 3.75%, more than MFG's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HY Hyster-Yale Materials Handling, Inc. | 3.75% | 4.81% | 2.70% | 2.09% | 5.10% | 3.13% | 2.13% | 2.14% | 1.99% | 1.41% | 1.83% | 2.15% |
MFG Mizuho Financial Group, Inc. | 0.92% | 2.68% | 3.20% | 3.73% | 4.34% | 2.76% | 2.71% | 0.00% | 0.00% | 1.86% | 3.77% | 3.10% |
Financials
HY vs. MFG - Financials Comparison
This section allows you to compare key financial metrics between Hyster-Yale Materials Handling, Inc. and Mizuho Financial Group, Inc.. 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
HY vs. MFG - Profitability Comparison
HY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hyster-Yale Materials Handling, Inc. reported a gross profit of 124.80M and revenue of 795.20M. Therefore, the gross margin over that period was 15.7%.
MFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mizuho Financial Group, Inc. reported a gross profit of 1.17T and revenue of 2.27T. Therefore, the gross margin over that period was 51.7%.
HY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hyster-Yale Materials Handling, Inc. reported an operating income of -28.00M and revenue of 795.20M, resulting in an operating margin of -3.5%.
MFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mizuho Financial Group, Inc. reported an operating income of 304.56B and revenue of 2.27T, resulting in an operating margin of 13.4%.
HY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hyster-Yale Materials Handling, Inc. reported a net income of -30.50M and revenue of 795.20M, resulting in a net margin of -3.8%.
MFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mizuho Financial Group, Inc. reported a net income of 232.94B and revenue of 2.27T, resulting in a net margin of 10.3%.
Frequently Asked Questions
HY and MFG have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HY has higher volatility (13.03%) compared to MFG (8.51%). In terms of maximum drawdown, HY dropped -77.61% vs MFG's -80.57%.
MFG currently has the higher Sharpe Ratio (2.89 vs 0.09), 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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