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MINT.TO vs. MUMC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MINT.TO vs. MUMC.TO

Last updated Jul 16, 2026
Documentation

MINT.TO (Manulife Multifactor Developed International Index ETF) and MUMC.TO (Manulife Multifactor U.S. Mid Cap Index ETF Hedged) are both exchange-traded funds - MINT.TO is a International Equity fund actively managed by Manulife, while MUMC.TO is a Mid Cap Blend Equities fund actively managed by Manulife. Both are actively managed. Over the past 5 years, MINT.TO returned 12.51%/yr vs 6.15%/yr for MUMC.TO. At a 0.27 correlation, their price movements are largely independent.

Performance

MINT.TO vs. MUMC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Manulife Multifactor Developed International Index ETF (MINT.TO) and Manulife Multifactor U.S. Mid Cap Index ETF Hedged (MUMC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with MINT.TO having a 11.34% return and MUMC.TO slightly lower at 10.94%.

MINT.TO

1D
-0.31%
1M
1.05%
6M
7.53%
YTD
11.34%
1Y
24.81%
3Y*
17.42%
5Y*
12.51%
10Y*
—

MUMC.TO

1D
-0.79%
1M
-0.28%
6M
7.47%
YTD
10.94%
1Y
14.50%
3Y*
11.18%
5Y*
6.15%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

MINT.TO vs. MUMC.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MINT.TO
Manulife Multifactor Developed International Index ETF		11.34%23.42%10.91%18.04%-3.59%17.69%0.55%21.99%-10.35%13.54%
MUMC.TO
Manulife Multifactor U.S. Mid Cap Index ETF Hedged		10.94%4.82%13.82%13.06%-17.20%24.09%12.29%29.38%-12.33%14.34%

Correlation

The correlation between MINT.TO and MUMC.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.26

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Apr 18, 2017

0.27

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Manulife Multifactor Developed International Index ETF

Manulife Multifactor U.S. Mid Cap Index ETF Hedged

Return for Risk

MINT.TO vs. MUMC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MINT.TO
MINT.TO Risk / Return Rank: 7373
Overall Rank
MINT.TO Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
MINT.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
MINT.TO Omega Ratio Rank: 7878
Omega Ratio Rank
MINT.TO Calmar Ratio Rank: 6767
Calmar Ratio Rank
MINT.TO Martin Ratio Rank: 7272
Martin Ratio Rank
MUMC.TO
MUMC.TO Risk / Return Rank: 2929
Overall Rank
MUMC.TO Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
MUMC.TO Sortino Ratio Rank: 2525
Sortino Ratio Rank
MUMC.TO Omega Ratio Rank: 3030
Omega Ratio Rank
MUMC.TO Calmar Ratio Rank: 3232
Calmar Ratio Rank
MUMC.TO Martin Ratio Rank: 3333
Martin Ratio Rank
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.

MINT.TO vs. MUMC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Manulife Multifactor Developed International Index ETF (MINT.TO) and Manulife Multifactor U.S. Mid Cap Index ETF Hedged (MUMC.TO). 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.

MINT.TOMUMC.TODifference
Sharpe ratioReturn per unit of total volatility
1.86
0.81

+1.05

Sortino ratioReturn per unit of downside risk
2.74
1.18

+1.56

Omega ratioGain probability vs. loss probability

1.37

1.17

+0.19

Calmar ratioReturn relative to maximum drawdown

2.74

1.40

+1.33

Martin ratioReturn relative to average drawdown

10.51

4.17

+6.34

MINT.TO vs. MUMC.TO - Sharpe Ratio Comparison

The current MINT.TO Sharpe Ratio is 1.86, which is higher than the MUMC.TO Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of MINT.TO and MUMC.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

MINT.TO vs. MUMC.TO - Drawdown Comparison

The maximum MINT.TO drawdown since its inception was -32.97%, smaller than the maximum MUMC.TO drawdown of -38.47%. Use the drawdown chart below to compare losses from any high point for MINT.TO and MUMC.TO.

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Drawdown Indicators

MINT.TOMUMC.TODifference

Max Drawdown

Largest peak-to-trough decline

-32.97%

-38.47%

+5.50%

Max Drawdown (1Y)

Largest decline over 1 year

-9.11%

-10.38%

+1.27%

Max Drawdown (3Y)

Largest decline over 3 years

-13.76%

-21.77%

+8.01%

Max Drawdown (5Y)

Largest decline over 5 years

-18.04%

-24.62%

+6.58%

Current Drawdown

Current decline from peak

-1.34%

-1.78%

+0.44%

Average Drawdown

Average peak-to-trough decline

-4.17%

-6.49%

+2.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.37%

3.49%

-1.12%

Volatility

MINT.TO vs. MUMC.TO - Volatility Comparison

Manulife Multifactor Developed International Index ETF (MINT.TO) has a higher volatility of 3.95% compared to Manulife Multifactor U.S. Mid Cap Index ETF Hedged (MUMC.TO) at 3.17%. This indicates that MINT.TO's price experiences larger fluctuations and is considered to be riskier than MUMC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MINT.TOMUMC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.95%

3.17%

+0.78%

Volatility (6M)

Calculated over the trailing 6-month period

11.53%

10.51%

+1.02%

Volatility (1Y)

Calculated over the trailing 1-year period

13.39%

17.94%

-4.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.66%

18.58%

-3.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.63%

19.45%

-2.82%

Dividends

MINT.TO vs. MUMC.TO - Dividend Comparison

MINT.TO's dividend yield for the trailing twelve months is around 2.86%, more than MUMC.TO's 0.81% yield.

PositionTTM202520242023202220212020201920182017
MINT.TO
Manulife Multifactor Developed International Index ETF		2.86%5.86%2.14%2.81%2.84%2.55%1.60%2.70%2.76%1.36%
MUMC.TO
Manulife Multifactor U.S. Mid Cap Index ETF Hedged		0.81%1.00%0.70%1.05%0.86%0.63%0.90%0.90%1.19%0.73%

Frequently Asked Questions

MINT.TO and MUMC.TO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MINT.TO is categorized as International Equity, while MUMC.TO is Mid Cap Blend Equities.

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