MFC vs. EPD
MFC (Manulife Financial Corporation) and EPD (Enterprise Products Partners L.P.) are both stocks. MFC operates in Insurance - Life (Financial Services), while EPD operates in Oil & Gas Midstream (Energy). Over the past 10 years, MFC returned 16.48%/yr vs 10.61%/yr for EPD. At a 0.30 correlation, their price movements are largely independent.
Performance
MFC vs. EPD - Performance Comparison
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Returns By Period
In the year-to-date period, MFC achieves a 13.26% return, which is significantly lower than EPD's 19.79% return. Over the past 10 years, MFC has outperformed EPD with an annualized return of 16.48%, while EPD has yielded a comparatively lower 10.61% annualized return.
MFC
- 1D
- 1.31%
- 1M
- 8.29%
- YTD
- 13.26%
- 6M
- 15.81%
- 1Y
- 34.36%
- 3Y*
- 33.59%
- 5Y*
- 20.37%
- 10Y*
- 16.48%
EPD
- 1D
- -0.08%
- 1M
- -5.05%
- YTD
- 19.79%
- 6M
- 19.53%
- 1Y
- 24.08%
- 3Y*
- 20.73%
- 5Y*
- 15.96%
- 10Y*
- 10.61%
MFC vs. EPD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFC Manulife Financial Corporation | 13.26% | 22.95% | 45.75% | 31.13% | -1.18% | 12.17% | -7.18% | 49.19% | -29.89% | 22.17% |
EPD Enterprise Products Partners L.P. | 19.79% | 9.45% | 28.00% | 17.71% | 18.32% | 21.40% | -23.61% | 21.88% | -1.32% | 4.24% |
Correlation
The correlation between MFC and EPD 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 | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 1999 | 0.30 |
Over the past year, the correlation between MFC and EPD has dropped to 0.01 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
MFC:
$48.69B
EPD:
$81.47B
MFC:
CA$4.06
EPD:
$2.69
MFC:
13.89
EPD:
13.83
MFC:
4.87
EPD:
2.22
MFC:
1.12
EPD:
1.58
MFC:
CA$79.35B
EPD:
$51.57B
MFC:
CA$26.46B
EPD:
$7.31B
MFC:
CA$8.26B
EPD:
$10.11B
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Return for Risk
MFC vs. EPD — Risk / Return Rank
MFC
EPD
MFC vs. EPD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manulife Financial Corporation (MFC) and Enterprise Products Partners L.P. (EPD). 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 | EPD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.28 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 3.24 | -0.80 |
| Martin ratioReturn relative to average drawdown | 6.98 | 9.50 | -2.52 |
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Drawdowns
MFC vs. EPD - Drawdown Comparison
The maximum MFC drawdown since its inception was -83.61%, which is greater than EPD's maximum drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for MFC and EPD.
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Drawdown Indicators
| MFC | EPD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.61% | -58.78% | -24.83% |
Max Drawdown (1Y)Largest decline over 1 year | -12.49% | -7.56% | -4.93% |
Max Drawdown (3Y)Largest decline over 3 years | -16.75% | -15.40% | -1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -26.99% | -18.06% | -8.93% |
Max Drawdown (10Y)Largest decline over 10 years | -57.44% | -58.04% | +0.60% |
Current DrawdownCurrent decline from peak | 0.00% | -6.41% | +6.41% |
Average DrawdownAverage peak-to-trough decline | -29.39% | -10.22% | -19.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 2.58% | +1.85% |
Volatility
MFC vs. EPD - Volatility Comparison
Manulife Financial Corporation (MFC) has a higher volatility of 8.02% compared to Enterprise Products Partners L.P. (EPD) at 6.00%. This indicates that MFC's price experiences larger fluctuations and is considered to be riskier than EPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFC | EPD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 6.00% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 15.87% | 13.27% | +2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.74% | 15.90% | +4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.12% | 17.23% | +6.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.39% | 24.14% | +4.25% |
Dividends
MFC vs. EPD - Dividend Comparison
MFC's dividend yield for the trailing twelve months is around 3.31%, less than EPD's 5.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPD Enterprise Products Partners L.P. | 5.88% | 6.74% | 6.63% | 7.51% | 7.79% | 8.20% | 9.09% | 6.23% | 6.97% | 6.29% | 5.88% | 5.90% |
MFC Manulife Financial Corporation | 3.31% | 3.45% | 4.16% | 4.86% | 5.71% | 4.91% | 4.70% | 3.71% | 4.08% | 3.93% | 4.15% | 5.38% |
Financials
MFC vs. EPD - Financials Comparison
This section allows you to compare key financial metrics between Manulife Financial Corporation and Enterprise Products Partners L.P.. 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 vs. EPD - Profitability Comparison
MFC - 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 12.31B and revenue of 12.31B. Therefore, the gross margin over that period was 100.0%.
EPD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported a gross profit of 1.88B and revenue of 14.39B. Therefore, the gross margin over that period was 13.1%.
MFC - 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 12.31B, resulting in an operating margin of 11.9%.
EPD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported an operating income of 1.82B and revenue of 14.39B, resulting in an operating margin of 12.6%.
MFC - 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 1.20B and revenue of 12.31B, resulting in a net margin of 9.7%.
EPD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported a net income of 1.48B and revenue of 14.39B, resulting in a net margin of 10.3%.
Frequently Asked Questions
MFC and EPD 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.
MFC has higher volatility (8.02%) compared to EPD (6.00%). In terms of maximum drawdown, MFC dropped -83.61% vs EPD's -58.78%.
EPD currently has the higher Sharpe Ratio (1.54 vs 1.47), 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.
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