RNECY vs. MIELY
RNECY (Renesas Electronics Corp ADR) and MIELY (Mitsubishi Electric Corp ADR) are both stocks. RNECY operates in Semiconductors (Technology), while MIELY operates in Electrical Equipment & Parts (Industrials). Over the past 10 years, RNECY returned 16.79%/yr vs 12.21%/yr for MIELY. At a 0.25 correlation, their price movements are largely independent.
Performance
RNECY vs. MIELY - Performance Comparison
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Returns By Period
In the year-to-date period, RNECY achieves a 98.38% return, which is significantly higher than MIELY's 24.47% return. Over the past 10 years, RNECY has outperformed MIELY with an annualized return of 16.79%, while MIELY has yielded a comparatively lower 12.21% annualized return.
RNECY
- 1D
- 5.47%
- 1M
- 17.30%
- YTD
- 98.38%
- 6M
- 102.55%
- 1Y
- 102.86%
- 3Y*
- 16.16%
- 5Y*
- 19.88%
- 10Y*
- 16.79%
MIELY
- 1D
- -0.63%
- 1M
- -14.11%
- YTD
- 24.47%
- 6M
- 22.62%
- 1Y
- 77.00%
- 3Y*
- 37.25%
- 5Y*
- 17.88%
- 10Y*
- 12.21%
RNECY vs. MIELY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNECY Renesas Electronics Corp ADR | 98.38% | 7.51% | -28.20% | 103.64% | -29.19% | 18.55% | 52.92% | 53.71% | -60.76% | 43.54% |
MIELY Mitsubishi Electric Corp ADR | 24.47% | 73.08% | 21.33% | 42.15% | -22.04% | -16.17% | 11.35% | 23.78% | -33.88% | 21.11% |
Correlation
The correlation between RNECY and MIELY is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2007 | 0.25 |
The correlation between RNECY and MIELY shifts across timeframes, from 0.25 (all time) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RNECY:
$49.75B
MIELY:
$72.64B
RNECY:
-$2.98
MIELY:
$421.28
RNECY:
0.03
MIELY:
0.01
RNECY:
0.02
MIELY:
0.02
RNECY:
$1.46T
MIELY:
$5.95T
RNECY:
$692.31B
MIELY:
$1.97T
RNECY:
$475.96B
MIELY:
$639.91B
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Return for Risk
RNECY vs. MIELY — Risk / Return Rank
RNECY
MIELY
RNECY vs. MIELY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renesas Electronics Corp ADR (RNECY) and Mitsubishi Electric Corp ADR (MIELY). 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.
| RNECY | MIELY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 4.06 | -0.75 |
| Martin ratioReturn relative to average drawdown | 9.05 | 13.81 | -4.77 |
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
| RNECY | MIELY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 2.11 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.57 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.42 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | -0.03 | +0.02 |
Drawdowns
RNECY vs. MIELY - Drawdown Comparison
The maximum RNECY drawdown since its inception was -92.23%, roughly equal to the maximum MIELY drawdown of -89.09%. Use the drawdown chart below to compare losses from any high point for RNECY and MIELY.
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Drawdown Indicators
| RNECY | MIELY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.23% | -89.09% | -3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -31.29% | -19.08% | -12.21% |
Max Drawdown (3Y)Largest decline over 3 years | -52.49% | -24.66% | -27.83% |
Max Drawdown (5Y)Largest decline over 5 years | -52.49% | -45.47% | -7.02% |
Max Drawdown (10Y)Largest decline over 10 years | -77.20% | -55.76% | -21.44% |
Current DrawdownCurrent decline from peak | -11.39% | -40.96% | +29.57% |
Average DrawdownAverage peak-to-trough decline | -67.27% | -69.46% | +2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.41% | 5.59% | +5.82% |
Volatility
RNECY vs. MIELY - Volatility Comparison
Renesas Electronics Corp ADR (RNECY) has a higher volatility of 26.56% compared to Mitsubishi Electric Corp ADR (MIELY) at 12.39%. This indicates that RNECY's price experiences larger fluctuations and is considered to be riskier than MIELY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNECY | MIELY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.56% | 12.39% | +14.17% |
Volatility (6M)Calculated over the trailing 6-month period | 47.11% | 29.92% | +17.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.73% | 36.77% | +20.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.67% | 31.34% | +16.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.46% | 29.08% | +20.38% |
Dividends
RNECY vs. MIELY - Dividend Comparison
Neither RNECY nor MIELY has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MIELY Mitsubishi Electric Corp ADR | 0.00% | 0.72% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 1.76% |
RNECY Renesas Electronics Corp ADR | 0.00% | 0.00% | 1.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RNECY vs. MIELY - Financials Comparison
This section allows you to compare key financial metrics between Renesas Electronics Corp ADR and Mitsubishi Electric Corp ADR. 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
RNECY vs. MIELY - Profitability Comparison
RNECY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a gross profit of 198.11B and revenue of 387.28B. Therefore, the gross margin over that period was 51.2%.
MIELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported a gross profit of 569.69B and revenue of 1.77T. Therefore, the gross margin over that period was 32.2%.
RNECY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported an operating income of 93.16B and revenue of 387.28B, resulting in an operating margin of 24.1%.
MIELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported an operating income of 161.29B and revenue of 1.77T, resulting in an operating margin of 9.1%.
RNECY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a net income of 69.40B and revenue of 387.28B, resulting in a net margin of 17.9%.
MIELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported a net income of 132.06B and revenue of 1.77T, resulting in a net margin of 7.5%.
Frequently Asked Questions
RNECY and MIELY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNECY has higher volatility (26.56%) compared to MIELY (12.39%). In terms of maximum drawdown, RNECY dropped -92.23% vs MIELY's -89.09%.
MIELY currently has the higher Sharpe Ratio (2.11 vs 1.80), 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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