MFC vs. T
MFC (Manulife Financial Corporation) and T (AT&T Inc.) are both stocks. MFC operates in Insurance - Life (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, MFC returned 17.14%/yr vs 2.10%/yr for T. At a 0.30 correlation, their price movements are largely independent.
Performance
MFC vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, MFC achieves a 19.41% return, which is significantly higher than T's -7.04% return. Over the past 10 years, MFC has outperformed T with an annualized return of 17.14%, while T has yielded a comparatively lower 2.10% annualized return.
MFC
- 1D
- -2.05%
- 1M
- 4.65%
- 6M
- 15.93%
- YTD
- 19.41%
- 1Y
- 43.32%
- 3Y*
- 35.59%
- 5Y*
- 22.96%
- 10Y*
- 17.14%
- ALL TIME*
- 11.55%
T
- 1D
- 0.64%
- 1M
- 2.62%
- 6M
- -2.84%
- YTD
- -7.04%
- 1Y
- -13.37%
- 3Y*
- 20.93%
- 5Y*
- 7.13%
- 10Y*
- 2.10%
- ALL TIME*
- 9.35%
MFC vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFC Manulife Financial Corporation | 19.41% | 22.95% | 45.75% | 31.13% | -1.18% | 12.17% | -7.18% | 49.19% | -29.89% | 22.17% |
T AT&T Inc. | -7.04% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between MFC and T is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
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 T has dropped to 0.02 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
MFC:
$70.93B
T:
$152.52B
MFC:
CA$4.17
T:
$3.05
MFC:
14.27
T:
7.19
MFC:
5.01
T:
0.30
MFC:
1.15
T:
1.25
MFC:
CA$79.35B
T:
$125.65B
MFC:
CA$26.46B
T:
$105.41B
MFC:
CA$8.26B
T:
$54.70B
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Return for Risk
MFC vs. T — Risk / Return Rank
MFC
T
MFC vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manulife Financial Corporation (MFC) and AT&T Inc. (T). 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 | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.72 | ||
| Sortino ratioReturn per unit of downside risk | +3.38 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.92 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | -0.46 | +3.95 |
| Martin ratioReturn relative to average drawdown | 10.70 | -1.03 | +11.73 |
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Drawdowns
MFC vs. T - Drawdown Comparison
The maximum MFC drawdown since its inception was -83.61%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for MFC and T.
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Drawdown Indicators
| MFC | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.61% | -64.15% | -19.46% |
Max Drawdown (1Y)Largest decline over 1 year | -12.49% | -28.89% | +16.40% |
Max Drawdown (3Y)Largest decline over 3 years | -16.75% | -28.89% | +12.14% |
Max Drawdown (5Y)Largest decline over 5 years | -26.99% | -32.01% | +5.02% |
Max Drawdown (10Y)Largest decline over 10 years | -57.44% | -42.35% | -15.09% |
Current DrawdownCurrent decline from peak | -2.05% | -21.57% | +19.52% |
Average DrawdownAverage peak-to-trough decline | -29.29% | -15.74% | -13.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 12.94% | -8.88% |
Volatility
MFC vs. T - Volatility Comparison
The current volatility for Manulife Financial Corporation (MFC) is 4.97%, while AT&T Inc. (T) has a volatility of 9.59%. This indicates that MFC experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFC | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.97% | 9.59% | -4.62% |
Volatility (6M)Calculated over the trailing 6-month period | 16.10% | 19.91% | -3.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.29% | 23.72% | -3.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.08% | 24.38% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.11% | 23.92% | +4.19% |
Dividends
MFC vs. T - Dividend Comparison
MFC's dividend yield for the trailing twelve months is around 3.14%, less than T's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFC Manulife Financial Corporation | 3.14% | 3.45% | 4.16% | 4.86% | 5.71% | 4.91% | 4.70% | 3.71% | 4.08% | 3.93% | 4.15% | 5.38% |
T AT&T Inc. | 6.58% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
MFC vs. T - Financials Comparison
This section allows you to compare key financial metrics between Manulife Financial Corporation and AT&T 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
Frequently Asked Questions
MFC and T have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (9.59%) compared to MFC (4.97%). In terms of maximum drawdown, MFC dropped -83.61% vs T's -64.15%.
MFC currently has the higher Sharpe Ratio (2.15 vs -0.57), 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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