MUFG vs. HSBC
MUFG (Mitsubishi UFJ Financial Group, Inc.) and HSBC (HSBC Holdings plc) are both stocks. Both operate in the Banks - Diversified industry within the Financial Services sector. Over the past 10 years, MUFG returned 17.84%/yr vs 17.91%/yr for HSBC. At a 0.44 correlation, their price movements are largely independent.
Performance
MUFG vs. HSBC - Performance Comparison
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Returns By Period
In the year-to-date period, MUFG achieves a 25.60% return, which is significantly higher than HSBC's 20.29% return. Both investments have delivered pretty close results over the past 10 years, with MUFG having a 17.84% annualized return and HSBC not far ahead at 17.91%.
MUFG
- 1D
- 0.05%
- 1M
- 10.97%
- YTD
- 25.60%
- 6M
- 25.13%
- 1Y
- 46.00%
- 3Y*
- 45.96%
- 5Y*
- 32.45%
- 10Y*
- 17.84%
HSBC
- 1D
- 0.80%
- 1M
- 2.08%
- YTD
- 20.29%
- 6M
- 33.24%
- 1Y
- 60.06%
- 3Y*
- 43.23%
- 5Y*
- 32.21%
- 10Y*
- 17.91%
MUFG vs. HSBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MUFG Mitsubishi UFJ Financial Group, Inc. | 25.60% | 39.96% | 40.10% | 33.50% | 27.37% | 25.70% | -15.99% | 11.50% | -33.01% | 20.99% |
HSBC HSBC Holdings plc | 20.29% | 67.91% | 34.48% | 39.45% | 7.79% | 20.76% | -31.71% | 1.44% | -16.05% | 36.04% |
Correlation
The correlation between MUFG and HSBC is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2001 | 0.44 |
Fundamentals
MUFG:
$222.81B
HSBC:
$316.57B
MUFG:
$214.15
HSBC:
$6.38
MUFG:
0.09
HSBC:
14.34
MUFG:
0.00
HSBC:
0.71
MUFG:
0.02
HSBC:
2.49
MUFG:
0.01
HSBC:
1.81
MUFG:
$13.21T
HSBC:
$128.37B
MUFG:
$7.24T
HSBC:
$65.42B
MUFG:
$3.34T
HSBC:
$34.27B
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Return for Risk
MUFG vs. HSBC — Risk / Return Rank
MUFG
HSBC
MUFG vs. HSBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mitsubishi UFJ Financial Group, Inc. (MUFG) and HSBC Holdings plc (HSBC). 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.
| MUFG | HSBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.40 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 3.71 | -1.03 |
| Martin ratioReturn relative to average drawdown | 7.49 | 13.24 | -5.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MUFG | HSBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 2.30 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 1.26 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.70 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.25 | -0.07 |
Drawdowns
MUFG vs. HSBC - Drawdown Comparison
The maximum MUFG drawdown since its inception was -76.75%, roughly equal to the maximum HSBC drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for MUFG and HSBC.
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Drawdown Indicators
| MUFG | HSBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.75% | -74.47% | -2.28% |
Max Drawdown (1Y)Largest decline over 1 year | -17.28% | -16.28% | -1.00% |
Max Drawdown (3Y)Largest decline over 3 years | -26.56% | -21.83% | -4.73% |
Max Drawdown (5Y)Largest decline over 5 years | -32.81% | -31.80% | -1.01% |
Max Drawdown (10Y)Largest decline over 10 years | -57.62% | -62.26% | +4.64% |
Current DrawdownCurrent decline from peak | -0.65% | -3.87% | +3.22% |
Average DrawdownAverage peak-to-trough decline | -43.56% | -24.11% | -19.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.16% | 4.55% | +1.61% |
Volatility
MUFG vs. HSBC - Volatility Comparison
The current volatility for Mitsubishi UFJ Financial Group, Inc. (MUFG) is 5.66%, while HSBC Holdings plc (HSBC) has a volatility of 7.33%. This indicates that MUFG experiences smaller price fluctuations and is considered to be less risky than HSBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MUFG | HSBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 7.33% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 19.14% | 21.58% | -2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.83% | 26.25% | -0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.05% | 25.78% | +3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.88% | 25.56% | +2.32% |
Dividends
MUFG vs. HSBC - Dividend Comparison
MUFG's dividend yield for the trailing twelve months is around 1.13%, less than HSBC's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSBC HSBC Holdings plc | 4.10% | 4.19% | 8.29% | 6.54% | 4.33% | 3.65% | 4.05% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% |
MUFG Mitsubishi UFJ Financial Group, Inc. | 1.13% | 3.12% | 2.50% | 2.90% | 3.36% | 2.18% | 2.62% | 0.00% | 0.00% | 2.20% | 2.70% | 2.34% |
Financials
MUFG vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between Mitsubishi UFJ Financial Group, Inc. and HSBC Holdings plc. 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
MUFG vs. HSBC - Profitability Comparison
MUFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported a gross profit of 2.09T and revenue of 3.59T. Therefore, the gross margin over that period was 58.3%.
HSBC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a gross profit of 16.93B and revenue of 32.92B. Therefore, the gross margin over that period was 51.4%.
MUFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported an operating income of 841.39B and revenue of 3.59T, resulting in an operating margin of 23.4%.
HSBC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported an operating income of 9.36B and revenue of 32.92B, resulting in an operating margin of 28.4%.
MUFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mitsubishi UFJ Financial Group, Inc. reported a net income of 624.99B and revenue of 3.59T, resulting in a net margin of 17.4%.
HSBC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a net income of 7.33B and revenue of 32.92B, resulting in a net margin of 22.3%.
Frequently Asked Questions
MUFG and HSBC have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSBC has higher volatility (7.33%) compared to MUFG (5.66%). In terms of maximum drawdown, MUFG dropped -76.75% vs HSBC's -74.47%.
HSBC currently has the higher Sharpe Ratio (2.30 vs 1.79), 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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