MIELY vs. ECHO

Last updated Jul 1, 2026

MIELY (Mitsubishi Electric Corp ADR) and ECHO (EchoStar Corporation) are both stocks. MIELY operates in Electrical Equipment & Parts (Industrials), while ECHO operates in Telecom Services (Communication Services). A 0.66 correlation means they provide meaningful diversification when combined.

Performance

MIELY vs. ECHO - Performance Comparison

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

Returns By Period

MIELY

• 1D: 0.27%
• 1M: -10.59%
• YTD: 26.12%
• 6M: 25.21%
• 1Y: 70.12%
• 3Y*: 38.46%
• 5Y*: 22.26%
• 10Y*: 12.39%

ECHO

• 1D: 0.65%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MIELY vs. ECHO - Yearly Performance Comparison

	2026 (YTD)
MIELY Mitsubishi Electric Corp ADR	-5.78%
ECHO EchoStar Corporation	-1.85%

Correlation

The correlation between MIELY and ECHO is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 23, 2026	0.66

Return for Risk

MIELY vs. ECHO — 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: 90

ECHO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. ECHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Electric Corp ADR (MIELY) and EchoStar Corporation (ECHO). 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	ECHO	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.67	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	3.57	—	—
Martin ratio: Return relative to average drawdown	10.64	—	—

Drawdowns

MIELY vs. ECHO - Drawdown Comparison

The maximum MIELY drawdown since its inception was -89.09%, which is greater than ECHO's maximum drawdown of -6.48%. Use the drawdown chart below to compare losses from any high point for MIELY and ECHO.

Drawdown Indicators

	MIELY	ECHO	Difference
Max Drawdown Largest peak-to-trough decline	-89.09%	-6.48%	-82.61%
Max Drawdown (1Y) Largest decline over 1 year	-19.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.76%	—	—
Current Drawdown Current decline from peak	-40.17%	-2.33%	-37.84%
Average Drawdown Average peak-to-trough decline	-69.36%	-3.67%	-65.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.61%	—	—

Volatility

Volatility by Period

	MIELY	ECHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.36%	42.51%	-5.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.47%	42.51%	-11.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.98%	42.51%	-13.53%

Dividends

MIELY vs. ECHO - Dividend Comparison

Neither MIELY nor ECHO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ECHO EchoStar Corporation	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 ECHO in my portfolio?

MIELY and ECHO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.