IX vs. MUFG

Last updated Jun 4, 2026

IX (ORIX Corporation) and MUFG (Mitsubishi UFJ Financial Group, Inc.) are both stocks. Both are in the Financial Services sector — IX in Credit Services, MUFG in Banks - Diversified. Over the past 10 years, IX returned 13.24%/yr vs 17.59%/yr for MUFG. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

IX vs. MUFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ORIX Corporation (IX) and Mitsubishi UFJ Financial Group, Inc. (MUFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IX achieves a 34.33% return, which is significantly higher than MUFG's 22.64% return. Over the past 10 years, IX has underperformed MUFG with an annualized return of 13.24%, while MUFG has yielded a comparatively higher 17.59% annualized return.

IX

• 1D: 1.13%
• 1M: 19.45%
• YTD: 34.33%
• 6M: 42.26%
• 1Y: 87.12%
• 3Y*: 34.46%
• 5Y*: 19.83%
• 10Y*: 13.24%

MUFG

• 1D: 1.46%
• 1M: 10.70%
• YTD: 22.64%
• 6M: 23.10%
• 1Y: 42.04%
• 3Y*: 44.04%
• 5Y*: 31.23%
• 10Y*: 17.59%

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

IX vs. MUFG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IX ORIX Corporation	34.33%	43.44%	17.66%	19.98%	-19.17%	31.62%	-4.86%	16.58%	-15.61%	10.64%
MUFG Mitsubishi UFJ Financial Group, Inc.	22.64%	39.96%	40.10%	33.50%	27.37%	25.70%	-15.99%	11.50%	-33.01%	20.99%

Correlation

The correlation between IX and MUFG is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Apr 3, 2001	0.51

The correlation between IX and MUFG has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.

Fundamentals

Market Cap IX : $42.64B MUFG : $217.55B
EPS IX : $401.75 MUFG : $214.15
PE Ratio IX : 0.10 MUFG : 0.09
PEG Ratio IX : 0.01 MUFG : 0.00
PS Ratio IX : 0.01 MUFG : 0.02
PB Ratio IX : 0.01 MUFG : 0.01
Total Revenue (TTM) IX : $3.34T MUFG : $13.21T
Gross Profit (TTM) IX : $1.17T MUFG : $7.24T
EBITDA (TTM) IX : $1.27T MUFG : $3.34T

Return for Risk

IX vs. MUFG — Risk / Return Rank

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

IX

IX Risk / Return Rank: 93
IX Sharpe Ratio Rank: 95
IX Sortino Ratio Rank: 95
IX Omega Ratio Rank: 95
IX Calmar Ratio Rank: 89
IX Martin Ratio Rank: 90

MUFG

MUFG Risk / Return Rank: 79
MUFG Sharpe Ratio Rank: 83
MUFG Sortino Ratio Rank: 80
MUFG Omega Ratio Rank: 76
MUFG Calmar Ratio Rank: 78
MUFG Martin Ratio Rank: 80

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.

IX vs. MUFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ORIX Corporation (IX) and Mitsubishi UFJ Financial Group, Inc. (MUFG). 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.

	IX	MUFG	Difference
Sharpe ratio Return per unit of total volatility	3.35	1.65	+1.71
Sortino ratio Return per unit of downside risk	4.26	2.32	+1.94
Omega ratio Gain probability vs. loss probability	1.56	1.28	+0.28
Calmar ratio Return relative to maximum drawdown	4.31	2.44	+1.86
Martin ratio Return relative to average drawdown	12.41	6.84	+5.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IX vs. MUFG - Sharpe Ratio Comparison

The current IX Sharpe Ratio is 3.35, which is higher than the MUFG Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of IX and MUFG, 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

	IX	MUFG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.35	1.65	+1.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	1.08	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.63	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.18	+0.02

Drawdowns

IX vs. MUFG - Drawdown Comparison

The maximum IX drawdown since its inception was -93.82%, which is greater than MUFG's maximum drawdown of -76.75%. Use the drawdown chart below to compare losses from any high point for IX and MUFG.

Drawdown Indicators

	IX	MUFG	Difference
Max Drawdown Largest peak-to-trough decline	-93.82%	-76.75%	-17.07%
Max Drawdown (1Y) Largest decline over 1 year	-20.33%	-17.28%	-3.05%
Max Drawdown (3Y) Largest decline over 3 years	-24.34%	-26.56%	+2.22%
Max Drawdown (5Y) Largest decline over 5 years	-37.67%	-32.81%	-4.86%
Max Drawdown (10Y) Largest decline over 10 years	-47.23%	-57.62%	+10.39%
Current Drawdown Current decline from peak	-1.68%	-1.42%	-0.26%
Average Drawdown Average peak-to-trough decline	-44.98%	-43.58%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.04%	6.17%	+0.87%

Volatility

IX vs. MUFG - Volatility Comparison

ORIX Corporation (IX) has a higher volatility of 11.66% compared to Mitsubishi UFJ Financial Group, Inc. (MUFG) at 6.37%. This indicates that IX's price experiences larger fluctuations and is considered to be riskier than MUFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IX	MUFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.66%	6.37%	+5.29%
Volatility (6M) Calculated over the trailing 6-month period	21.81%	18.99%	+2.82%
Volatility (1Y) Calculated over the trailing 1-year period	26.13%	25.66%	+0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.95%	29.02%	-4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.67%	27.89%	-2.22%

Dividends

IX vs. MUFG - Dividend Comparison

IX's dividend yield for the trailing twelve months is around 1.53%, more than MUFG's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IX ORIX Corporation	1.53%	3.43%	3.63%	3.22%	1.94%	0.00%	2.17%	0.00%	0.00%	1.41%	2.40%	0.00%
MUFG Mitsubishi UFJ Financial Group, Inc.	1.16%	3.12%	2.50%	2.90%	3.36%	2.18%	2.62%	0.00%	0.00%	2.20%	2.70%	2.34%

Financials

IX vs. MUFG - Profitability Comparison

The chart below illustrates the profitability comparison between ORIX Corporation and Mitsubishi UFJ Financial Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported a gross profit of 326.61B and revenue of 938.86B. Therefore, the gross margin over that period was 34.8%.

MUFG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported a gross profit of 2.09T and revenue of 3.59T. Therefore, the gross margin over that period was 58.3%.

IX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported an operating income of 415.02B and revenue of 938.86B, resulting in an operating margin of 44.2%.

MUFG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported an operating income of 841.39B and revenue of 3.59T, resulting in an operating margin of 23.4%.

IX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported a net income of 58.65B and revenue of 938.86B, resulting in a net margin of 6.3%.

MUFG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported a net income of 624.99B and revenue of 3.59T, resulting in a net margin of 17.4%.

Frequently Asked Questions

Can I hold both IX and MUFG in my portfolio?

IX and MUFG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IX or MUFG?

IX has higher volatility (11.66%) compared to MUFG (6.37%). In terms of maximum drawdown, IX dropped -93.82% vs MUFG's -76.75%.

Which has better risk-adjusted returns?

IX currently has the higher Sharpe Ratio (3.35 vs 1.65), 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.