MITEY vs. L
MITEY (Mitsubishi Estate Co Ltd ADR) and L (Loews Corporation) are both stocks. MITEY operates in Real Estate - Diversified (Real Estate), while L operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, MITEY returned 2.94%/yr vs 11.49%/yr for L. At a 0.28 correlation, their price movements are largely independent.
Performance
MITEY vs. L - Performance Comparison
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Returns By Period
In the year-to-date period, MITEY achieves a -2.15% return, which is significantly lower than L's 5.12% return. Over the past 10 years, MITEY has underperformed L with an annualized return of 2.94%, while L has yielded a comparatively higher 11.49% annualized return.
MITEY
- 1D
- -4.09%
- 1M
- -6.84%
- YTD
- -2.15%
- 6M
- -3.07%
- 1Y
- 24.10%
- 3Y*
- 25.91%
- 5Y*
- 7.69%
- 10Y*
- 2.94%
L
- 1D
- 2.27%
- 1M
- 1.63%
- YTD
- 5.12%
- 6M
- 2.97%
- 1Y
- 22.25%
- 3Y*
- 24.44%
- 5Y*
- 15.34%
- 10Y*
- 11.49%
MITEY vs. L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MITEY Mitsubishi Estate Co Ltd ADR | -2.15% | 75.68% | 2.54% | 6.05% | -6.79% | -14.36% | -15.17% | 21.80% | -9.70% | -13.10% |
L Loews Corporation | 5.12% | 24.68% | 22.09% | 19.78% | 1.41% | 28.89% | -13.69% | 15.89% | -8.56% | 8.56% |
Correlation
The correlation between MITEY and L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.28 |
The correlation between MITEY and L shifts across timeframes, from 0.15 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MITEY:
$28.76B
L:
$22.81B
MITEY:
¥184.22
L:
$8.96
MITEY:
20.78
L:
12.34
MITEY:
1.50
L:
0.72
MITEY:
2.65
L:
1.26
MITEY:
1.72
L:
1.22
MITEY:
¥1.77T
L:
$18.29B
MITEY:
¥403.87B
L:
$8.42B
MITEY:
¥464.62B
L:
$2.64B
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Return for Risk
MITEY vs. L — Risk / Return Rank
MITEY
L
MITEY vs. L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Estate Co Ltd ADR (MITEY) and Loews Corporation (L). 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.
| MITEY | L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 2.80 | -2.00 |
| Martin ratioReturn relative to average drawdown | 2.13 | 7.05 | -4.92 |
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Drawdowns
MITEY vs. L - Drawdown Comparison
The maximum MITEY drawdown since its inception was -96.31%, which is greater than L's maximum drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for MITEY and L.
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Drawdown Indicators
| MITEY | L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.31% | -65.58% | -30.73% |
Max Drawdown (1Y)Largest decline over 1 year | -30.51% | -7.99% | -22.52% |
Max Drawdown (3Y)Largest decline over 3 years | -32.39% | -12.16% | -20.23% |
Max Drawdown (5Y)Largest decline over 5 years | -32.39% | -26.11% | -6.28% |
Max Drawdown (10Y)Largest decline over 10 years | -45.73% | -48.53% | +2.80% |
Current DrawdownCurrent decline from peak | -92.18% | -1.75% | -90.43% |
Average DrawdownAverage peak-to-trough decline | -81.07% | -16.73% | -64.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.37% | 3.17% | +8.20% |
Volatility
MITEY vs. L - Volatility Comparison
Mitsubishi Estate Co Ltd ADR (MITEY) has a higher volatility of 10.41% compared to Loews Corporation (L) at 5.47%. This indicates that MITEY's price experiences larger fluctuations and is considered to be riskier than L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MITEY | L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.41% | 5.47% | +4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 25.84% | 12.45% | +13.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.20% | 16.23% | +16.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.48% | 19.53% | +8.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.24% | 25.63% | +2.61% |
Dividends
MITEY vs. L - Dividend Comparison
MITEY has not paid dividends to shareholders, while L's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
L Loews Corporation | 0.23% | 0.24% | 0.30% | 0.36% | 0.43% | 0.43% | 0.56% | 0.48% | 0.55% | 1.58% | 0.53% | 0.65% |
MITEY Mitsubishi Estate Co Ltd ADR | 0.00% | 0.63% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 0.00% |
Financials
MITEY vs. L - Financials Comparison
This section allows you to compare key financial metrics between Mitsubishi Estate Co Ltd ADR and Loews Corporation. 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
MITEY vs. L - Profitability Comparison
MITEY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mitsubishi Estate Co Ltd ADR reported a gross profit of 112.98B and revenue of 545.92B. Therefore, the gross margin over that period was 20.7%.
L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Loews Corporation reported a gross profit of 2.38B and revenue of 4.56B. Therefore, the gross margin over that period was 52.3%.
MITEY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Estate Co Ltd ADR reported an operating income of 104.24B and revenue of 545.92B, resulting in an operating margin of 19.1%.
L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Loews Corporation reported an operating income of 539.00M and revenue of 4.56B, resulting in an operating margin of 11.8%.
MITEY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Estate Co Ltd ADR reported a net income of 67.19B and revenue of 545.92B, resulting in a net margin of 12.3%.
L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Loews Corporation reported a net income of 572.00M and revenue of 4.56B, resulting in a net margin of 12.6%.
Frequently Asked Questions
MITEY and L have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MITEY has higher volatility (10.41%) compared to L (5.47%). In terms of maximum drawdown, MITEY dropped -96.31% vs L's -65.58%.
L currently has the higher Sharpe Ratio (1.38 vs 0.73), 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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