MIELY vs. ASTS

Last updated Jun 13, 2026

MIELY (Mitsubishi Electric Corp ADR) and ASTS (AST SpaceMobile, Inc.) are both stocks. MIELY operates in Electrical Equipment & Parts (Industrials), while ASTS operates in Communication Equipment (Technology). Over the past 5 years, MIELY returned 17.49%/yr vs 51.99%/yr for ASTS. At a 0.18 correlation, their price movements are largely independent.

Performance

MIELY vs. ASTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mitsubishi Electric Corp ADR (MIELY) and AST SpaceMobile, Inc. (ASTS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MIELY achieves a 20.83% return, which is significantly higher than ASTS's 13.47% return.

MIELY

• 1D: 0.58%
• 1M: -13.60%
• YTD: 20.83%
• 6M: 14.90%
• 1Y: 71.76%
• 3Y*: 35.14%
• 5Y*: 17.49%
• 10Y*: 11.88%

ASTS

• 1D: -15.53%
• 1M: -1.51%
• YTD: 13.47%
• 6M: 7.44%
• 1Y: 114.78%
• 3Y*: 140.29%
• 5Y*: 51.99%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MIELY vs. ASTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MIELY Mitsubishi Electric Corp ADR	20.83%	73.08%	21.33%	42.15%	-22.04%	-15.98%
ASTS AST SpaceMobile, Inc.	13.47%	244.22%	249.92%	25.10%	-39.29%	-31.73%

Correlation

The correlation between MIELY and ASTS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021	0.18

Fundamentals

Market Cap MIELY : $70.51B ASTS : $23.96B
EPS MIELY : ¥421.28 ASTS : -$1.84
PS Ratio MIELY : 1.94 ASTS : 257.48
PB Ratio MIELY : 2.51 ASTS : 9.00
Total Revenue (TTM) MIELY : ¥5.95T ASTS : $84.94M
Gross Profit (TTM) MIELY : ¥1.97T ASTS : -$22.93M
EBITDA (TTM) MIELY : ¥639.91B ASTS : -$536.80M

Return for Risk

MIELY vs. ASTS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MIELY

MIELY Risk / Return Rank: 88
MIELY Sharpe Ratio Rank: 89
MIELY Sortino Ratio Rank: 87
MIELY Omega Ratio Rank: 85
MIELY Calmar Ratio Rank: 88
MIELY Martin Ratio Rank: 91

ASTS

ASTS Risk / Return Rank: 77
ASTS Sharpe Ratio Rank: 77
ASTS Sortino Ratio Rank: 77
ASTS Omega Ratio Rank: 73
ASTS Calmar Ratio Rank: 81
ASTS Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MIELY vs. ASTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Electric Corp ADR (MIELY) and AST SpaceMobile, Inc. (ASTS). 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.

	MIELY	ASTS	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.17	+0.77
Sortino ratio: Return per unit of downside risk	2.73	1.99	+0.75
Omega ratio: Gain probability vs. loss probability	1.34	1.23	+0.11
Calmar ratio: Return relative to maximum drawdown	3.64	2.60	+1.04
Martin ratio: Return relative to average drawdown	11.91	5.06	+6.85

MIELY vs. ASTS - Sharpe Ratio Comparison

The current MIELY Sharpe Ratio is 1.94, which is higher than the ASTS Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of MIELY and ASTS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MIELY vs. ASTS - Drawdown Comparison

The maximum MIELY drawdown since its inception was -89.09%, roughly equal to the maximum ASTS drawdown of -85.57%. Use the drawdown chart below to compare losses from any high point for MIELY and ASTS.

Drawdown Indicators

	MIELY	ASTS	Difference
Max Drawdown Largest peak-to-trough decline	-89.09%	-85.57%	-3.52%
Max Drawdown (1Y) Largest decline over 1 year	-19.73%	-47.69%	+27.96%
Max Drawdown (3Y) Largest decline over 3 years	-24.66%	-70.66%	+46.00%
Max Drawdown (5Y) Largest decline over 5 years	-44.97%	-85.57%	+40.60%
Max Drawdown (10Y) Largest decline over 10 years	-55.76%	—	—
Current Drawdown Current decline from peak	-42.68%	-38.08%	-4.60%
Average Drawdown Average peak-to-trough decline	-69.42%	-40.51%	-28.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.01%	24.42%	-18.41%

Volatility

MIELY vs. ASTS - Volatility Comparison

The current volatility for Mitsubishi Electric Corp ADR (MIELY) is 12.39%, while AST SpaceMobile, Inc. (ASTS) has a volatility of 41.20%. This indicates that MIELY experiences smaller price fluctuations and is considered to be less risky than ASTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MIELY	ASTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.39%	41.20%	-28.81%
Volatility (6M) Calculated over the trailing 6-month period	30.32%	85.03%	-54.71%
Volatility (1Y) Calculated over the trailing 1-year period	36.95%	105.98%	-69.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.40%	109.52%	-78.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.10%	111.00%	-81.90%

Dividends

MIELY vs. ASTS - Dividend Comparison

Neither MIELY nor ASTS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ASTS AST SpaceMobile, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MIELY Mitsubishi Electric Corp ADR	0.00%	0.72%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.98%	1.76%

Financials

Frequently Asked Questions

Can I hold both MIELY and ASTS in my portfolio?

MIELY and ASTS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MIELY or ASTS?

ASTS has higher volatility (41.20%) compared to MIELY (12.39%). In terms of maximum drawdown, MIELY dropped -89.09% vs ASTS's -85.57%.

Which has better risk-adjusted returns?

MIELY currently has the higher Sharpe Ratio (1.94 vs 1.17), 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.