MFC.TO vs. IAG.TO
Compare and contrast key facts about Manulife Financial Corporation (MFC.TO) and iA Financial Corporation Inc. (IAG.TO).
Performance
MFC.TO vs. IAG.TO - Performance Comparison
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MFC.TO vs. IAG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFC.TO Manulife Financial Corporation | -2.89% | 17.45% | 57.53% | 28.33% | 5.83% | 11.57% | -8.03% | 41.99% | -23.25% | 13.30% |
IAG.TO iA Financial Corporation Inc. | -12.64% | 36.86% | 52.61% | 17.93% | 13.64% | 35.04% | -19.68% | 68.97% | -24.93% | 14.97% |
Fundamentals
MFC.TO:
CA$80.94B
IAG.TO:
CA$14.36B
MFC.TO:
CA$3.40
IAG.TO:
CA$11.74
MFC.TO:
14.10
IAG.TO:
13.15
MFC.TO:
4.95
IAG.TO:
1.23
MFC.TO:
1.54
IAG.TO:
1.33
MFC.TO:
1.83
IAG.TO:
1.98
MFC.TO:
CA$53.01B
IAG.TO:
CA$10.84B
MFC.TO:
CA$17.54B
IAG.TO:
CA$5.74B
MFC.TO:
CA$6.80B
IAG.TO:
CA$1.76B
Returns By Period
In the year-to-date period, MFC.TO achieves a -2.89% return, which is significantly higher than IAG.TO's -12.64% return. Over the past 10 years, MFC.TO has underperformed IAG.TO with an annualized return of 15.34%, while IAG.TO has yielded a comparatively higher 18.37% annualized return.
MFC.TO
- 1D
- 2.31%
- 1M
- -1.34%
- YTD
- -2.89%
- 6M
- 12.62%
- 1Y
- 11.15%
- 3Y*
- 30.35%
- 5Y*
- 17.45%
- 10Y*
- 15.34%
IAG.TO
- 1D
- 2.39%
- 1M
- -0.48%
- YTD
- -12.64%
- 6M
- -1.22%
- 1Y
- 15.88%
- 3Y*
- 25.49%
- 5Y*
- 21.03%
- 10Y*
- 18.37%
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Return for Risk
MFC.TO vs. IAG.TO — Risk / Return Rank
MFC.TO
IAG.TO
MFC.TO vs. IAG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manulife Financial Corporation (MFC.TO) and iA Financial Corporation Inc. (IAG.TO). 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.
| MFC.TO | IAG.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.46 | 0.64 | -0.18 |
Sortino ratioReturn per unit of downside risk | 0.73 | 0.91 | -0.19 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.14 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.74 | 0.82 | -0.07 |
Martin ratioReturn relative to average drawdown | 2.01 | 2.26 | -0.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MFC.TO | IAG.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 0.64 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.88 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.69 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.75 | -0.00 | -0.75 |
Correlation
The correlation between MFC.TO and IAG.TO is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MFC.TO vs. IAG.TO - Dividend Comparison
MFC.TO's dividend yield for the trailing twelve months is around 3.77%, more than IAG.TO's 2.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFC.TO Manulife Financial Corporation | 3.77% | 3.53% | 3.62% | 4.99% | 5.47% | 4.85% | 5.83% | 3.79% | 4.70% | 3.13% | 3.09% | 3.21% |
IAG.TO iA Financial Corporation Inc. | 2.51% | 2.13% | 2.52% | 3.29% | 3.28% | 2.87% | 3.52% | 2.47% | 3.65% | 2.39% | 2.36% | 2.63% |
Drawdowns
MFC.TO vs. IAG.TO - Drawdown Comparison
The maximum MFC.TO drawdown since its inception was -100.00%, roughly equal to the maximum IAG.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for MFC.TO and IAG.TO.
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Drawdown Indicators
| MFC.TO | IAG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -100.00% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -17.63% | -19.13% | +1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -21.05% | -28.99% | +7.94% |
Max Drawdown (10Y)Largest decline over 10 years | -52.68% | -58.56% | +5.88% |
Current DrawdownCurrent decline from peak | -99.98% | -99.94% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -99.95% | -99.93% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.52% | 6.89% | -0.37% |
Volatility
MFC.TO vs. IAG.TO - Volatility Comparison
Manulife Financial Corporation (MFC.TO) has a higher volatility of 6.10% compared to iA Financial Corporation Inc. (IAG.TO) at 5.55%. This indicates that MFC.TO's price experiences larger fluctuations and is considered to be riskier than IAG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFC.TO | IAG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.10% | 5.55% | +0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 13.94% | 17.70% | -3.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.52% | 25.05% | -0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.36% | 23.96% | -2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.15% | 26.65% | -0.50% |
Financials
MFC.TO vs. IAG.TO - Financials Comparison
This section allows you to compare key financial metrics between Manulife Financial Corporation and iA Financial Corporation 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
MFC.TO vs. IAG.TO - Profitability Comparison
MFC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Manulife Financial Corporation reported a gross profit of 6.54B and revenue of 8.60B. Therefore, the gross margin over that period was 76.0%.
IAG.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, iA Financial Corporation Inc. reported a gross profit of 3.01B and revenue of 3.01B. Therefore, the gross margin over that period was 100.0%.
MFC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Manulife Financial Corporation reported an operating income of 1.91B and revenue of 8.60B, resulting in an operating margin of 22.1%.
IAG.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, iA Financial Corporation Inc. reported an operating income of 237.00M and revenue of 3.01B, resulting in an operating margin of 7.9%.
MFC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Manulife Financial Corporation reported a net income of 1.56B and revenue of 8.60B, resulting in a net margin of 18.2%.
IAG.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, iA Financial Corporation Inc. reported a net income of 201.00M and revenue of 3.01B, resulting in a net margin of 6.7%.