MFC.TO vs. WMT
MFC.TO (Manulife Financial Corporation) and WMT (Walmart Inc.) are both stocks. MFC.TO operates in Insurance - Life (Financial Services), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, MFC.TO returned 17.33%/yr vs 20.80%/yr for WMT. At a 0.16 correlation, their price movements are largely independent.
Performance
MFC.TO vs. WMT - Performance Comparison
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Different Trading Currencies
MFC.TO is traded in CAD, while WMT is traded in USD. To make them comparable, the WMT values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MFC.TO achieves a 15.19% return, which is significantly higher than WMT's 11.29% return. Over the past 10 years, MFC.TO has underperformed WMT with an annualized return of 17.33%, while WMT has yielded a comparatively higher 20.80% annualized return.
MFC.TO
- 1D
- 1.53%
- 1M
- 9.90%
- YTD
- 15.19%
- 6M
- 17.52%
- 1Y
- 38.24%
- 3Y*
- 35.54%
- 5Y*
- 23.66%
- 10Y*
- 17.33%
WMT
- 1D
- 0.63%
- 1M
- -6.84%
- YTD
- 11.29%
- 6M
- 5.62%
- 1Y
- 32.81%
- 3Y*
- 36.19%
- 5Y*
- 26.01%
- 10Y*
- 20.80%
MFC.TO vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFC.TO Manulife Financial Corporation | 15.19% | 17.45% | 57.53% | 28.33% | 5.83% | 11.57% | -9.19% | 41.99% | -23.25% | 13.30% |
WMT Walmart Inc. | 11.29% | 18.81% | 88.72% | 10.20% | 5.84% | 1.92% | 20.40% | 24.80% | 4.69% | 36.64% |
Correlation
The correlation between MFC.TO and WMT is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.16 |
The correlation between MFC.TO and WMT shifts across timeframes, from 0.03 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MFC.TO:
CA$94.62B
WMT:
$968.20B
MFC.TO:
CA$3.78
WMT:
$2.88
MFC.TO:
14.89
WMT:
42.04
MFC.TO:
5.22
WMT:
2.75
MFC.TO:
1.78
WMT:
1.34
MFC.TO:
2.15
WMT:
10.26
MFC.TO:
CA$53.61B
WMT:
$725.31B
MFC.TO:
CA$27.15B
WMT:
$181.16B
MFC.TO:
CA$8.25B
WMT:
$44.32B
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Return for Risk
MFC.TO vs. WMT — Risk / Return Rank
MFC.TO
WMT
MFC.TO vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manulife Financial Corporation (MFC.TO) and Walmart Inc. (WMT). 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.
| MFC.TO | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 2.10 | +0.58 |
| Martin ratioReturn relative to average drawdown | 8.65 | 6.85 | +1.80 |
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Drawdowns
MFC.TO vs. WMT - Drawdown Comparison
The maximum MFC.TO drawdown since its inception was -77.97%, which is greater than WMT's maximum drawdown of -47.96%. Use the drawdown chart below to compare losses from any high point for MFC.TO and WMT.
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Drawdown Indicators
| MFC.TO | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.97% | -47.96% | -30.01% |
Max Drawdown (1Y)Largest decline over 1 year | -12.71% | -15.14% | +2.43% |
Max Drawdown (3Y)Largest decline over 3 years | -17.63% | -22.27% | +4.64% |
Max Drawdown (5Y)Largest decline over 5 years | -21.05% | -24.22% | +3.17% |
Max Drawdown (10Y)Largest decline over 10 years | -52.68% | -24.22% | -28.46% |
Current DrawdownCurrent decline from peak | 0.00% | -8.27% | +8.27% |
Average DrawdownAverage peak-to-trough decline | -28.15% | -13.52% | -14.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 4.63% | -0.67% |
Volatility
MFC.TO vs. WMT - Volatility Comparison
The current volatility for Manulife Financial Corporation (MFC.TO) is 7.81%, while Walmart Inc. (WMT) has a volatility of 10.08%. This indicates that MFC.TO experiences smaller price fluctuations and is considered to be less risky than WMT 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 | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.81% | 10.08% | -2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 15.42% | 19.04% | -3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.91% | 24.44% | -4.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.55% | 22.53% | -0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.09% | 22.81% | +3.28% |
Dividends
MFC.TO vs. WMT - Dividend Comparison
MFC.TO's dividend yield for the trailing twelve months is around 3.28%, more than WMT's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFC.TO Manulife Financial Corporation | 3.28% | 3.53% | 3.62% | 4.99% | 5.47% | 4.85% | 4.94% | 3.79% | 4.70% | 3.13% | 3.09% | 2.39% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
MFC.TO vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between Manulife Financial Corporation and Walmart 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. WMT - Profitability Comparison
MFC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Manulife Financial Corporation reported a gross profit of 12.28B and revenue of 12.28B. Therefore, the gross margin over that period was 100.0%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
MFC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Manulife Financial Corporation reported an operating income of 1.47B and revenue of 12.28B, resulting in an operating margin of 11.9%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
MFC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Manulife Financial Corporation reported a net income of 1.19B and revenue of 12.28B, resulting in a net margin of 9.7%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
MFC.TO and WMT have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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