MUFG vs. SMFG

Last updated Jun 20, 2026

MUFG (Mitsubishi UFJ Financial Group, Inc.) and SMFG (Sumitomo Mitsui Financial Group, Inc.) are both stocks. Both operate in the Banks - Diversified industry within the Financial Services sector. Over the past 10 years, MUFG returned 18.71%/yr vs 19.47%/yr for SMFG. Their correlation of 0.81 suggests significant overlap in exposure.

Performance

MUFG vs. SMFG - Performance Comparison

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

Returns By Period

In the year-to-date period, MUFG achieves a 32.91% return, which is significantly higher than SMFG's 30.52% return. Both investments have delivered pretty close results over the past 10 years, with MUFG having a 18.71% annualized return and SMFG not far ahead at 19.47%.

MUFG

• 1D: 1.59%
• 1M: 7.55%
• YTD: 32.91%
• 6M: 33.93%
• 1Y: 58.27%
• 3Y*: 48.74%
• 5Y*: 35.61%
• 10Y*: 18.71%

SMFG

• 1D: 2.81%
• 1M: 10.46%
• YTD: 30.52%
• 6M: 30.93%
• 1Y: 71.94%
• 3Y*: 49.33%
• 5Y*: 33.31%
• 10Y*: 19.47%

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

MUFG vs. SMFG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MUFG Mitsubishi UFJ Financial Group, Inc.	32.91%	39.96%	40.10%	33.50%	27.37%	25.70%	-15.99%	11.50%	-33.01%	20.99%
SMFG Sumitomo Mitsui Financial Group, Inc.	30.52%	38.01%	54.90%	25.63%	21.70%	10.05%	-11.00%	19.47%	-22.21%	17.95%

Correlation

The correlation between MUFG and SMFG is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jan 27, 2006	0.81

The correlation between MUFG and SMFG has been stable across timeframes, ranging from 0.81 to 0.88 - a consistent structural relationship.

Fundamentals

Market Cap MUFG : $235.79B SMFG : $159.02B
EPS MUFG : ¥214.15 SMFG : ¥563.43
PE Ratio MUFG : 15.86 SMFG : 7.21
PEG Ratio MUFG : 0.58 SMFG : 0.57
PS Ratio MUFG : 2.93 SMFG : 1.18
PB Ratio MUFG : 1.70 SMFG : 1.62
Total Revenue (TTM) MUFG : ¥13.21T SMFG : ¥15.42T
Gross Profit (TTM) MUFG : ¥7.24T SMFG : ¥8.35T
EBITDA (TTM) MUFG : ¥3.34T SMFG : ¥3.54T

Return for Risk

MUFG vs. SMFG — Risk / Return Rank

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

MUFG

MUFG Risk / Return Rank: 88
MUFG Sharpe Ratio Rank: 91
MUFG Sortino Ratio Rank: 89
MUFG Omega Ratio Rank: 87
MUFG Calmar Ratio Rank: 86
MUFG Martin Ratio Rank: 87

SMFG

SMFG Risk / Return Rank: 90
SMFG Sharpe Ratio Rank: 93
SMFG Sortino Ratio Rank: 92
SMFG Omega Ratio Rank: 90
SMFG Calmar Ratio Rank: 87
SMFG Martin Ratio Rank: 88

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. SMFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsubishi UFJ Financial Group, Inc. (MUFG) and Sumitomo Mitsui Financial Group, Inc. (SMFG). 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.

	MUFG	SMFG	Difference
Sharpe ratio: Return per unit of total volatility	2.27	2.54	-0.27
Sortino ratio: Return per unit of downside risk	3.02	3.34	-0.32
Omega ratio: Gain probability vs. loss probability	1.37	1.41	-0.04
Calmar ratio: Return relative to maximum drawdown	3.39	3.59	-0.21
Martin ratio: Return relative to average drawdown	9.50	10.22	-0.72

MUFG vs. SMFG - Sharpe Ratio Comparison

The current MUFG Sharpe Ratio is 2.27, which is comparable to the SMFG Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of MUFG and SMFG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MUFG vs. SMFG - Drawdown Comparison

The maximum MUFG drawdown since its inception was -76.75%, roughly equal to the maximum SMFG drawdown of -77.26%. Use the drawdown chart below to compare losses from any high point for MUFG and SMFG.

Drawdown Indicators

	MUFG	SMFG	Difference
Max Drawdown Largest peak-to-trough decline	-76.75%	-77.26%	+0.51%
Max Drawdown (1Y) Largest decline over 1 year	-17.28%	-20.12%	+2.84%
Max Drawdown (3Y) Largest decline over 3 years	-26.56%	-25.67%	-0.89%
Max Drawdown (5Y) Largest decline over 5 years	-32.81%	-27.88%	-4.93%
Max Drawdown (10Y) Largest decline over 10 years	-57.62%	-47.66%	-9.96%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-43.50%	-47.99%	+4.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.15%	7.06%	-0.91%

Volatility

MUFG vs. SMFG - Volatility Comparison

The current volatility for Mitsubishi UFJ Financial Group, Inc. (MUFG) is 5.72%, while Sumitomo Mitsui Financial Group, Inc. (SMFG) has a volatility of 7.65%. This indicates that MUFG experiences smaller price fluctuations and is considered to be less risky than SMFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MUFG	SMFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	7.65%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	18.45%	21.41%	-2.96%
Volatility (1Y) Calculated over the trailing 1-year period	25.80%	28.42%	-2.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.03%	28.82%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.86%	26.91%	+0.95%

Dividends

MUFG vs. SMFG - Dividend Comparison

MUFG's dividend yield for the trailing twelve months is around 1.07%, less than SMFG's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MUFG Mitsubishi UFJ Financial Group, Inc.	1.07%	3.12%	2.50%	2.90%	3.36%	2.18%	2.62%	0.00%	0.00%	2.20%	2.70%	2.34%
SMFG Sumitomo Mitsui Financial Group, Inc.	1.19%	2.84%	2.82%	3.67%	2.12%	0.00%	5.97%	4.61%	4.80%	3.17%	3.63%	3.32%

Financials

MUFG vs. SMFG - Profitability Comparison

The chart below illustrates the profitability comparison between Mitsubishi UFJ Financial Group, Inc. and Sumitomo Mitsui Financial Group, 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 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%.

SMFG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sumitomo Mitsui Financial Group, Inc. reported a gross profit of 1.37T and revenue of 2.51T. Therefore, the gross margin over that period was 54.6%.

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%.

SMFG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sumitomo Mitsui Financial Group, Inc. reported an operating income of 364.07B and revenue of 2.51T, resulting in an operating margin of 14.5%.

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%.

SMFG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sumitomo Mitsui Financial Group, Inc. reported a net income of 191.66B and revenue of 2.51T, resulting in a net margin of 7.6%.

Frequently Asked Questions

Can I hold both MUFG and SMFG in my portfolio?

MUFG and SMFG have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MUFG or SMFG?

SMFG has higher volatility (7.65%) compared to MUFG (5.72%). In terms of maximum drawdown, MUFG dropped -76.75% vs SMFG's -77.26%.

Which has better risk-adjusted returns?

SMFG currently has the higher Sharpe Ratio (2.54 vs 2.27), 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.