ITUB vs. MO
ITUB (Itaú Unibanco Holding S.A.) and MO (Altria Group, Inc.) are both stocks. ITUB operates in Banks - Regional (Financial Services), while MO operates in Tobacco (Consumer Defensive). Over the past 10 years, ITUB returned 17.09%/yr vs 7.79%/yr for MO. At a 0.23 correlation, their price movements are largely independent.
Performance
ITUB vs. MO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ITUB achieves a 4.97% return, which is significantly lower than MO's 25.71% return. Over the past 10 years, ITUB has outperformed MO with an annualized return of 17.09%, while MO has yielded a comparatively lower 7.79% annualized return.
ITUB
- 1D
- -1.46%
- 1M
- -11.19%
- YTD
- 4.97%
- 6M
- 8.31%
- 1Y
- 27.73%
- 3Y*
- 23.62%
- 5Y*
- 21.08%
- 10Y*
- 17.09%
MO
- 1D
- -1.25%
- 1M
- 4.65%
- YTD
- 25.71%
- 6M
- 27.02%
- 1Y
- 28.81%
- 3Y*
- 25.85%
- 5Y*
- 16.08%
- 10Y*
- 7.79%
ITUB vs. MO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ITUB Itaú Unibanco Holding S.A. | 4.97% | 86.06% | -23.49% | 54.53% | 30.82% | -6.05% | -30.47% | 8.46% | 12.68% | 30.90% |
MO Altria Group, Inc. | 25.71% | 18.17% | 40.76% | -3.70% | 4.37% | 24.18% | -10.21% | 7.87% | -27.14% | 9.45% |
Correlation
The correlation between ITUB and MO is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2002 | 0.23 |
The correlation between ITUB and MO shifts across timeframes, from -0.01 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ITUB:
$82.61B
MO:
$119.27B
ITUB:
$4.00
MO:
$4.79
ITUB:
1.86
MO:
14.87
ITUB:
0.18
MO:
0.32
ITUB:
0.22
MO:
5.49
ITUB:
$384.43B
MO:
$21.82B
ITUB:
$131.20B
MO:
$14.80B
ITUB:
$54.38B
MO:
$11.70B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ITUB vs. MO — Risk / Return Rank
ITUB
MO
ITUB vs. MO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Itaú Unibanco Holding S.A. (ITUB) and Altria Group, Inc. (MO). 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.
| ITUB | MO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.25 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.76 | -0.47 |
| Martin ratioReturn relative to average drawdown | 3.56 | 4.45 | -0.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ITUB | MO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.29 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.78 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.34 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.69 | -0.37 |
Drawdowns
ITUB vs. MO - Drawdown Comparison
The maximum ITUB drawdown since its inception was -69.35%, which is greater than MO's maximum drawdown of -65.43%. Use the drawdown chart below to compare losses from any high point for ITUB and MO.
Loading charts...
Drawdown Indicators
| ITUB | MO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.35% | -65.43% | -3.92% |
Max Drawdown (1Y)Largest decline over 1 year | -21.53% | -16.40% | -5.13% |
Max Drawdown (3Y)Largest decline over 3 years | -28.17% | -16.40% | -11.77% |
Max Drawdown (5Y)Largest decline over 5 years | -31.59% | -25.83% | -5.76% |
Max Drawdown (10Y)Largest decline over 10 years | -61.96% | -53.69% | -8.27% |
Current DrawdownCurrent decline from peak | -21.53% | -4.37% | -17.16% |
Average DrawdownAverage peak-to-trough decline | -21.02% | -11.93% | -9.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 6.49% | +1.32% |
Volatility
ITUB vs. MO - Volatility Comparison
Itaú Unibanco Holding S.A. (ITUB) has a higher volatility of 9.40% compared to Altria Group, Inc. (MO) at 6.69%. This indicates that ITUB's price experiences larger fluctuations and is considered to be riskier than MO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ITUB | MO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.40% | 6.69% | +2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 25.62% | 17.32% | +8.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.93% | 22.53% | +8.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.89% | 20.64% | +13.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.48% | 22.96% | +15.52% |
Dividends
ITUB vs. MO - Dividend Comparison
ITUB's dividend yield for the trailing twelve months is around 8.58%, more than MO's 5.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITUB Itaú Unibanco Holding S.A. | 8.58% | 11.26% | 9.20% | 3.61% | 4.21% | 29.81% | 4.80% | 8.21% | 6.93% | 3.35% | 15.63% | 3.89% |
MO Altria Group, Inc. | 5.89% | 7.21% | 7.65% | 9.52% | 8.05% | 7.43% | 8.29% | 6.57% | 6.07% | 3.56% | 3.48% | 3.73% |
Financials
ITUB vs. MO - Financials Comparison
This section allows you to compare key financial metrics between Itaú Unibanco Holding S.A. and Altria 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
ITUB vs. MO - Profitability Comparison
ITUB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a gross profit of 32.47B and revenue of 94.91B. Therefore, the gross margin over that period was 34.2%.
MO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Altria Group, Inc. reported a gross profit of 3.51B and revenue of 5.43B. Therefore, the gross margin over that period was 64.6%.
ITUB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported an operating income of 12.47B and revenue of 94.91B, resulting in an operating margin of 13.1%.
MO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Altria Group, Inc. reported an operating income of 2.96B and revenue of 5.43B, resulting in an operating margin of 54.5%.
ITUB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a net income of 11.42B and revenue of 94.91B, resulting in a net margin of 12.0%.
MO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Altria Group, Inc. reported a net income of 2.18B and revenue of 5.43B, resulting in a net margin of 40.2%.
Frequently Asked Questions
ITUB and MO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITUB has higher volatility (9.40%) compared to MO (6.69%). In terms of maximum drawdown, ITUB dropped -69.35% vs MO's -65.43%.
MO currently has the higher Sharpe Ratio (1.29 vs 0.90), 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.
Find the right allocation for ITUB and MO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer