Manulife Financial Corporation

MFC Life Insurance · NYSE

Market statistics

Annualised volatility 20.1%
Beta vs SPY 0.78
Market correlation 0.497
Rate sensitivity -0.15
Volatility sensitivity -0.44
Traded per day $70.4M

Measured from daily returns over the past year. That is not the same estimator as the beta quoted on most finance sites, which is usually five years of monthly returns, and in a market where single stocks move on their own news the daily figure comes out materially lower. Over this window the average large-cap correlation to the index is far below its long-run level: a low number here is a statement about the last twelve months, not a claim that the security is uncorrelated with the market in general.

Short selling — three different measurements

Shares short 22.1M
Days to cover 8.1
Change vs prior +69.4%
Short share of volume 55.7%
Largest fail balance 205,461
Dates with a fail balance 42

These measure different things and are routinely confused. Shares short is an outstanding position, reported twice monthly (settlement 2026-08-14). Short share of volume counts sell-side transactions flagged short each day, most of which is market-maker hedging closed the same session — the market-wide median is around half. Fail balances are shares that did not settle on time; the SEC states these are cumulative balances whose age cannot be determined, and they are not evidence of naked short selling.

Ownership

Institutions reporting a position 759
Reported value $25.01B

Largest reported holdersamong the managers stored here

ManagerReported valueShares
ROYAL BANK OF CANADA $3.82B 110,979,590
BANK OF MONTREAL /CAN/ $1.97B 57,296,687
TD Asset Management Inc $1.40B 40,746,302
MACKENZIE FINANCIAL CORP $1.03B 29,894,048
1832 Asset Management L.P. $972.9M 28,248,714
NATIONAL BANK OF CANADA /FI/ $899.7M 26,160,388
TORONTO DOMINION BANK $706.9M 20,515,970
TD Waterhouse Canada Inc. $580.5M 16,675,574

On the public record

Moves most like

Ticker1-year correlationVolatility vs MFC
IXG iShares Global Financial ETF 0.636 0.70×
DFNL Davis Select Financial ETF 0.589 0.73×
RDVY First Trust Rising Dividend Achievers ETF 0.579 0.73×
FPAG FPA Global Equity ETF 0.575 0.75×
IGRO iShares International Dividend Growth ETF 0.575 0.63×
RDVI FT Vest Rising Dividend Achievers Target Income ETF 0.573 0.69×
IYF iShares U.S. Financial ETF 0.570 0.72×
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.567 0.72×

What is on this page

Everything this site holds about one security, from sources that are all public record. The figures come from different places and mean different things, so each block says where it came from.

What is deliberately absent

No price, no chart, no market capitalisation, no valuation ratio. The daily price history behind the statistics above is licensed from a commercial vendor and cannot be republished — and publishing a market cap alongside a share count would hand the price straight back. Every number here is either a public filing or a statistic from which the underlying series cannot be reconstructed.

Coverage

US securities trading at least $1 million a day with three years of history. Sections appear only where there is something to show: a fund has no income statement, most companies have no activist stake, and only a few dozen listed companies hold material federal contracts.