ALV vs. MGA
ALV (Autoliv, Inc.) and MGA (Magna International Inc.) are both stocks. Both operate in the Auto Parts industry within the Consumer Cyclical sector. Over the past 10 years, ALV returned 6.21%/yr vs 9.27%/yr for MGA. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
ALV vs. MGA - Performance Comparison
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Returns By Period
In the year-to-date period, ALV achieves a -0.22% return, which is significantly lower than MGA's 22.86% return. Over the past 10 years, ALV has underperformed MGA with an annualized return of 6.21%, while MGA has yielded a comparatively higher 9.27% annualized return.
ALV
- 1D
- -1.44%
- 1M
- -4.96%
- YTD
- -0.22%
- 6M
- -1.42%
- 1Y
- 8.81%
- 3Y*
- 15.33%
- 5Y*
- 6.19%
- 10Y*
- 6.21%
MGA
- 1D
- -2.26%
- 1M
- -0.17%
- YTD
- 22.86%
- 6M
- 21.49%
- 1Y
- 78.81%
- 3Y*
- 11.81%
- 5Y*
- -3.93%
- 10Y*
- 9.27%
ALV vs. MGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALV Autoliv, Inc. | -0.22% | 30.24% | -12.72% | 47.99% | -23.47% | 14.50% | 9.99% | 24.32% | -21.57% | 14.81% |
MGA Magna International Inc. | 22.86% | 33.72% | -26.29% | 8.76% | -28.04% | 16.57% | 33.41% | 24.30% | -18.40% | 33.69% |
Correlation
The correlation between ALV and MGA is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 1997 | 0.56 |
The correlation between ALV and MGA shifts across timeframes, from 0.56 (all time) to 0.73 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALV:
$8.76B
MGA:
$17.93B
ALV:
$9.32
MGA:
$2.39
ALV:
12.52
MGA:
26.96
ALV:
0.66
MGA:
6.62
ALV:
0.81
MGA:
0.43
ALV:
3.33
MGA:
1.50
ALV:
$10.99B
MGA:
$42.34B
ALV:
$2.12B
MGA:
$5.32B
ALV:
$1.38B
MGA:
$4.08B
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Return for Risk
ALV vs. MGA — Risk / Return Rank
ALV
MGA
ALV vs. MGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Autoliv, Inc. (ALV) and Magna International Inc. (MGA). 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.
| ALV | MGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.42 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 3.37 | -2.97 |
| Martin ratioReturn relative to average drawdown | 1.10 | 10.13 | -9.03 |
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Drawdowns
ALV vs. MGA - Drawdown Comparison
The maximum ALV drawdown since its inception was -79.72%, roughly equal to the maximum MGA drawdown of -79.01%. Use the drawdown chart below to compare losses from any high point for ALV and MGA.
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Drawdown Indicators
| ALV | MGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.72% | -79.01% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -21.96% | -23.47% | +1.51% |
Max Drawdown (3Y)Largest decline over 3 years | -39.27% | -48.57% | +9.30% |
Max Drawdown (5Y)Largest decline over 5 years | -39.27% | -62.65% | +23.38% |
Max Drawdown (10Y)Largest decline over 10 years | -63.09% | -66.02% | +2.93% |
Current DrawdownCurrent decline from peak | -11.43% | -25.31% | +13.88% |
Average DrawdownAverage peak-to-trough decline | -20.88% | -21.41% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.01% | 7.80% | +0.21% |
Volatility
ALV vs. MGA - Volatility Comparison
Autoliv, Inc. (ALV) has a higher volatility of 10.27% compared to Magna International Inc. (MGA) at 9.03%. This indicates that ALV's price experiences larger fluctuations and is considered to be riskier than MGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALV | MGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.27% | 9.03% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 21.74% | 28.56% | -6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.52% | 35.34% | -7.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.09% | 35.62% | -3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.85% | 35.35% | -1.50% |
Dividends
ALV vs. MGA - Dividend Comparison
ALV's dividend yield for the trailing twelve months is around 2.97%, less than MGA's 3.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALV Autoliv, Inc. | 2.97% | 2.63% | 2.92% | 2.41% | 3.37% | 1.82% | 0.67% | 2.94% | 3.02% | 1.87% | 2.03% | 1.78% |
MGA Magna International Inc. | 3.04% | 3.64% | 4.55% | 3.11% | 4.23% | 2.13% | 2.26% | 2.66% | 2.18% | 1.94% | 2.30% | 1.90% |
Financials
ALV vs. MGA - Financials Comparison
This section allows you to compare key financial metrics between Autoliv, Inc. and Magna International Inc.. 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
ALV vs. MGA - Profitability Comparison
ALV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Autoliv, Inc. reported a gross profit of 526.00M and revenue of 2.75B. Therefore, the gross margin over that period was 19.1%.
MGA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Magna International Inc. reported a gross profit of 987.13M and revenue of 10.24B. Therefore, the gross margin over that period was 9.6%.
ALV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Autoliv, Inc. reported an operating income of 237.00M and revenue of 2.75B, resulting in an operating margin of 8.6%.
MGA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Magna International Inc. reported an operating income of 437.85M and revenue of 10.24B, resulting in an operating margin of 4.3%.
ALV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Autoliv, Inc. reported a net income of 142.00M and revenue of 2.75B, resulting in a net margin of 5.2%.
MGA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Magna International Inc. reported a net income of -11.83M and revenue of 10.24B, resulting in a net margin of -0.1%.
Frequently Asked Questions
ALV and MGA have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALV has higher volatility (10.27%) compared to MGA (9.03%). In terms of maximum drawdown, ALV dropped -79.72% vs MGA's -79.01%.
MGA currently has the higher Sharpe Ratio (2.24 vs 0.32), 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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