MUFG vs. NMR

Last updated Apr 1, 2026

Compare and contrast key facts about Mitsubishi UFJ Financial Group, Inc. (MUFG) and Nomura Holdings, Inc. (NMR).

Performance

MUFG vs. NMR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mitsubishi UFJ Financial Group, Inc. (MUFG) and Nomura Holdings, Inc. (NMR). The values are adjusted to include any dividend payments, if applicable.

MUFG vs. NMR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MUFG Mitsubishi UFJ Financial Group, Inc.	7.00%	39.96%	40.10%	33.50%	27.37%	25.70%	-15.99%	11.50%	-33.01%	20.99%
NMR Nomura Holdings, Inc.	-5.96%	54.10%	34.05%	21.84%	-10.28%	-18.76%	4.39%	38.71%	-36.08%	0.16%

Fundamentals

Market Cap MUFG : $193.98B NMR : $23.93B
EPS MUFG : $169.11 NMR : $118.00
PE Ratio MUFG : 0.10 NMR : 0.07
PEG Ratio MUFG : 0.00 NMR : 0.00
PS Ratio MUFG : 0.02 NMR : 0.01
PB Ratio MUFG : 0.01 NMR : 0.01
Total Revenue (TTM) MUFG : $12.45T NMR : $4.38T
Gross Profit (TTM) MUFG : $5.45T NMR : $1.80T
EBITDA (TTM) MUFG : $2.57T NMR : $529.89B

Returns By Period

In the year-to-date period, MUFG achieves a 7.00% return, which is significantly higher than NMR's -5.96% return. Over the past 10 years, MUFG has outperformed NMR with an annualized return of 16.76%, while NMR has yielded a comparatively lower 8.44% annualized return.

MUFG

• 1D: 3.98%
• 1M: -8.96%
• YTD: 7.00%
• 6M: 6.46%
• 1Y: 26.29%
• 3Y*: 42.16%
• 5Y*: 29.43%
• 10Y*: 16.76%

NMR

• 1D: 3.54%
• 1M: -12.33%
• YTD: -5.96%
• 6M: 8.53%
• 1Y: 31.36%
• 3Y*: 32.68%
• 5Y*: 11.40%
• 10Y*: 8.44%

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

Return for Risk

MUFG vs. NMR — Risk / Return Rank

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

MUFG

MUFG Risk / Return Rank: 68
MUFG Sharpe Ratio Rank: 72
MUFG Sortino Ratio Rank: 64
MUFG Omega Ratio Rank: 64
MUFG Calmar Ratio Rank: 68
MUFG Martin Ratio Rank: 73

NMR

NMR Risk / Return Rank: 70
NMR Sharpe Ratio Rank: 73
NMR Sortino Ratio Rank: 66
NMR Omega Ratio Rank: 67
NMR Calmar Ratio Rank: 70
NMR Martin Ratio Rank: 74

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.

MUFG vs. NMR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsubishi UFJ Financial Group, Inc. (MUFG) and Nomura Holdings, Inc. (NMR). 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	NMR	Difference
Sharpe ratio Return per unit of total volatility	0.86	0.94	-0.09
Sortino ratio Return per unit of downside risk	1.31	1.40	-0.09
Omega ratio Gain probability vs. loss probability	1.18	1.20	-0.02
Calmar ratio Return relative to maximum drawdown	1.23	1.40	-0.17
Martin ratio Return relative to average drawdown	3.79	4.33	-0.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MUFG vs. NMR - Sharpe Ratio Comparison

The current MUFG Sharpe Ratio is 0.86, which is comparable to the NMR Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of MUFG and NMR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MUFG	NMR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	0.94	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	0.39	+0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.27	+0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	-0.01	+0.17

Correlation

The correlation between MUFG and NMR is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MUFG vs. NMR - Dividend Comparison

MUFG's dividend yield for the trailing twelve months is around 1.33%, less than NMR's 2.20% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MUFG Mitsubishi UFJ Financial Group, Inc.	1.33%	3.12%	2.50%	2.90%	3.36%	2.18%	2.62%	0.00%	0.00%	2.20%	2.70%	2.34%
NMR Nomura Holdings, Inc.	2.20%	4.91%	4.29%	1.20%	3.86%	0.00%	0.86%	0.00%	0.00%	1.70%	1.79%	3.34%

Drawdowns

MUFG vs. NMR - Drawdown Comparison

The maximum MUFG drawdown since its inception was -76.75%, smaller than the maximum NMR drawdown of -89.27%. Use the drawdown chart below to compare losses from any high point for MUFG and NMR.

Drawdown Indicators

	MUFG	NMR	Difference
Max Drawdown Largest peak-to-trough decline	-76.75%	-89.27%	+12.52%
Max Drawdown (1Y) Largest decline over 1 year	-18.87%	-22.43%	+3.56%
Max Drawdown (5Y) Largest decline over 5 years	-32.81%	-44.70%	+11.89%
Max Drawdown (10Y) Largest decline over 10 years	-57.62%	-55.34%	-2.28%
Current Drawdown Current decline from peak	-13.99%	-61.24%	+47.25%
Average Drawdown Average peak-to-trough decline	-43.84%	-61.52%	+17.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.74%	7.23%	-0.49%

Volatility

MUFG vs. NMR - Volatility Comparison

The current volatility for Mitsubishi UFJ Financial Group, Inc. (MUFG) is 8.79%, while Nomura Holdings, Inc. (NMR) has a volatility of 11.62%. This indicates that MUFG experiences smaller price fluctuations and is considered to be less risky than NMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MUFG	NMR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.79%	11.62%	-2.83%
Volatility (6M) Calculated over the trailing 6-month period	18.63%	22.19%	-3.56%
Volatility (1Y) Calculated over the trailing 1-year period	30.87%	33.34%	-2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.83%	29.32%	-0.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.25%	31.00%	-2.75%

Financials

MUFG vs. NMR - Profitability Comparison

The chart below illustrates the profitability comparison between Mitsubishi UFJ Financial Group, Inc. and Nomura Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MUFG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Mitsubishi UFJ Financial Group, Inc. reported a gross profit of 0.00 and revenue of 3.34T. Therefore, the gross margin over that period was 0.0%.

NMR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nomura Holdings, Inc. reported a gross profit of 497.76B and revenue of 1.17T. Therefore, the gross margin over that period was 42.4%.

MUFG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Mitsubishi UFJ Financial Group, Inc. reported an operating income of 650.09B and revenue of 3.34T, resulting in an operating margin of 19.5%.

NMR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nomura Holdings, Inc. reported an operating income of 135.22B and revenue of 1.17T, resulting in an operating margin of 11.5%.

MUFG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Mitsubishi UFJ Financial Group, Inc. reported a net income of 529.95B and revenue of 3.34T, resulting in a net margin of 15.9%.

NMR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nomura Holdings, Inc. reported a net income of 91.55B and revenue of 1.17T, resulting in a net margin of 7.8%.