MAN vs. CE
MAN (ManpowerGroup Inc.) and CE (Celanese Corporation) are both stocks. MAN operates in Staffing & Employment Services (Industrials), while CE operates in Chemicals (Basic Materials). Over the past 10 years, MAN returned -6.25%/yr vs -0.58%/yr for CE. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
MAN vs. CE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MAN achieves a 4.53% return, which is significantly lower than CE's 31.36% return. Over the past 10 years, MAN has underperformed CE with an annualized return of -6.25%, while CE has yielded a comparatively higher -0.58% annualized return.
MAN
- 1D
- -3.95%
- 1M
- 4.50%
- YTD
- 4.53%
- 6M
- 8.02%
- 1Y
- -22.03%
- 3Y*
- -22.69%
- 5Y*
- -21.34%
- 10Y*
- -6.25%
CE
- 1D
- 0.38%
- 1M
- -19.29%
- YTD
- 31.36%
- 6M
- 32.74%
- 1Y
- 3.39%
- 3Y*
- -20.58%
- 5Y*
- -18.44%
- 10Y*
- -0.58%
MAN vs. CE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAN ManpowerGroup Inc. | 4.53% | -46.25% | -24.02% | -0.56% | -11.79% | 10.54% | -4.53% | 53.48% | -47.39% | 44.25% |
CE Celanese Corporation | 31.36% | -38.76% | -54.57% | 55.69% | -37.77% | 31.75% | 8.25% | 39.85% | -14.31% | 38.52% |
Correlation
The correlation between MAN and CE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2005 | 0.52 |
The correlation between MAN and CE shifts across timeframes, from 0.40 (1 year) to 0.55 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MAN:
$1.43B
CE:
$6.10B
MAN:
-$0.35
CE:
-$9.33
MAN:
0.08
CE:
0.64
MAN:
0.69
CE:
1.50
MAN:
$18.38B
CE:
$9.49B
MAN:
$3.03B
CE:
$1.91B
MAN:
$255.60M
CE:
$148.00M
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
MAN vs. CE — Risk / Return Rank
MAN
CE
MAN vs. CE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ManpowerGroup Inc. (MAN) and Celanese Corporation (CE). 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.
| MAN | CE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.45 | 0.06 | -0.51 |
Sortino ratioReturn per unit of downside risk | -0.38 | 0.51 | -0.89 |
Omega ratioGain probability vs. loss probability | 0.96 | 1.06 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | -0.52 | 0.08 | -0.60 |
Martin ratioReturn relative to average drawdown | -0.79 | 0.14 | -0.94 |
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
| MAN | CE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.45 | 0.06 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.58 | -0.41 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.18 | -0.01 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.18 | -0.09 |
Drawdowns
MAN vs. CE - Drawdown Comparison
The maximum MAN drawdown since its inception was -75.49%, smaller than the maximum CE drawdown of -84.87%. Use the drawdown chart below to compare losses from any high point for MAN and CE.
Loading charts...
Drawdown Indicators
| MAN | CE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.49% | -84.87% | +9.38% |
Max Drawdown (1Y)Largest decline over 1 year | -42.21% | -42.98% | +0.77% |
Max Drawdown (3Y)Largest decline over 3 years | -67.73% | -78.96% | +11.23% |
Max Drawdown (5Y)Largest decline over 5 years | -75.25% | -78.96% | +3.71% |
Max Drawdown (10Y)Largest decline over 10 years | -75.49% | -78.96% | +3.47% |
Current DrawdownCurrent decline from peak | -70.42% | -67.11% | -3.31% |
Average DrawdownAverage peak-to-trough decline | -26.73% | -20.63% | -6.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.85% | 23.69% | +4.16% |
Volatility
MAN vs. CE - Volatility Comparison
ManpowerGroup Inc. (MAN) has a higher volatility of 16.81% compared to Celanese Corporation (CE) at 14.86%. This indicates that MAN's price experiences larger fluctuations and is considered to be riskier than CE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MAN | CE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.81% | 14.86% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 39.22% | 39.83% | -0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.43% | 55.91% | -6.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.74% | 45.00% | -8.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.72% | 39.15% | -3.43% |
Dividends
MAN vs. CE - Dividend Comparison
MAN's dividend yield for the trailing twelve months is around 4.74%, more than CE's 0.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CE Celanese Corporation | 0.22% | 0.28% | 4.05% | 1.80% | 2.68% | 1.62% | 1.91% | 1.95% | 2.31% | 1.62% | 1.75% | 1.71% |
MAN ManpowerGroup Inc. | 4.74% | 4.84% | 5.34% | 3.70% | 3.27% | 2.59% | 2.51% | 2.25% | 3.12% | 1.47% | 1.94% | 1.90% |
Financials
MAN vs. CE - Financials Comparison
This section allows you to compare key financial metrics between ManpowerGroup Inc. and Celanese Corporation. 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
MAN vs. CE - Profitability Comparison
MAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ManpowerGroup Inc. reported a gross profit of 723.00M and revenue of 4.51B. Therefore, the gross margin over that period was 16.0%.
CE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celanese Corporation reported a gross profit of 468.00M and revenue of 2.34B. Therefore, the gross margin over that period was 20.0%.
MAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ManpowerGroup Inc. reported an operating income of 28.30M and revenue of 4.51B, resulting in an operating margin of 0.6%.
CE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celanese Corporation reported an operating income of 214.00M and revenue of 2.34B, resulting in an operating margin of 9.2%.
MAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ManpowerGroup Inc. reported a net income of 2.50M and revenue of 4.51B, resulting in a net margin of 0.1%.
CE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celanese Corporation reported a net income of 115.00M and revenue of 2.34B, resulting in a net margin of 4.9%.
Frequently Asked Questions
MAN and CE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAN has higher volatility (16.81%) compared to CE (14.86%). In terms of maximum drawdown, MAN dropped -75.49% vs CE's -84.87%.
CE currently has the higher Sharpe Ratio (0.06 vs -0.45), 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 MAN and CE
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