EYE vs. MGNI
EYE (National Vision Holdings Inc) and MGNI (Magnite, Inc.) are both stocks. EYE operates in Specialty Retail (Consumer Cyclical), while MGNI operates in Advertising Agencies (Communication Services). Over the past 5 years, EYE returned -20.36%/yr vs -12.59%/yr for MGNI. At a 0.32 correlation, their price movements are largely independent.
Performance
EYE vs. MGNI - Performance Comparison
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Returns By Period
In the year-to-date period, EYE achieves a -40.20% return, which is significantly lower than MGNI's -9.55% return.
EYE
- 1D
- -0.39%
- 1M
- -31.89%
- YTD
- -40.20%
- 6M
- -47.27%
- 1Y
- -25.98%
- 3Y*
- -16.14%
- 5Y*
- -20.36%
- 10Y*
- —
MGNI
- 1D
- -1.21%
- 1M
- 9.63%
- YTD
- -9.55%
- 6M
- 0.20%
- 1Y
- -15.92%
- 3Y*
- 2.96%
- 5Y*
- -12.59%
- 10Y*
- -0.03%
EYE vs. MGNI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EYE National Vision Holdings Inc | -40.20% | 147.79% | -50.22% | -46.00% | -19.23% | 5.96% | 39.65% | 15.12% | -30.63% | 45.92% |
MGNI Magnite, Inc. | -9.55% | 1.95% | 70.45% | -11.80% | -39.49% | -43.02% | 276.35% | 118.77% | 99.47% | -44.35% |
Correlation
The correlation between EYE and MGNI is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017 | 0.32 |
Over the past year, the correlation between EYE and MGNI has dropped to 0.11 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
EYE:
$1.26B
MGNI:
$2.17B
EYE:
$0.57
MGNI:
$1.05
EYE:
26.88
MGNI:
13.95
EYE:
0.67
MGNI:
0.00
EYE:
0.62
MGNI:
3.06
EYE:
1.40
MGNI:
2.37
EYE:
$2.02B
MGNI:
$722.55M
EYE:
$1.12B
MGNI:
$458.33M
EYE:
$170.29M
MGNI:
$150.13M
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Return for Risk
EYE vs. MGNI — Risk / Return Rank
EYE
MGNI
EYE vs. MGNI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Vision Holdings Inc (EYE) and Magnite, Inc. (MGNI). 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.
| EYE | MGNI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.00 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | -0.28 | -0.27 |
| Martin ratioReturn relative to average drawdown | -1.76 | -0.42 | -1.34 |
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
| EYE | MGNI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.54 | -0.28 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.39 | -0.17 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.00 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.03 | -0.09 |
Drawdowns
EYE vs. MGNI - Drawdown Comparison
The maximum EYE drawdown since its inception was -85.10%, smaller than the maximum MGNI drawdown of -93.30%. Use the drawdown chart below to compare losses from any high point for EYE and MGNI.
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Drawdown Indicators
| EYE | MGNI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.10% | -93.30% | +8.20% |
Max Drawdown (1Y)Largest decline over 1 year | -47.59% | -57.77% | +10.18% |
Max Drawdown (3Y)Largest decline over 3 years | -64.01% | -57.95% | -6.06% |
Max Drawdown (5Y)Largest decline over 5 years | -85.10% | -84.35% | -0.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -90.65% | — |
Current DrawdownCurrent decline from peak | -76.23% | -76.25% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -42.46% | -64.84% | +22.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.81% | 38.04% | -23.23% |
Volatility
EYE vs. MGNI - Volatility Comparison
National Vision Holdings Inc (EYE) has a higher volatility of 24.72% compared to Magnite, Inc. (MGNI) at 17.65%. This indicates that EYE's price experiences larger fluctuations and is considered to be riskier than MGNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EYE | MGNI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.72% | 17.65% | +7.07% |
Volatility (6M)Calculated over the trailing 6-month period | 40.26% | 40.66% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.52% | 56.91% | -8.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.09% | 75.16% | -23.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.44% | 76.56% | -24.12% |
Dividends
EYE vs. MGNI - Dividend Comparison
Neither EYE nor MGNI has paid dividends to shareholders.
Financials
EYE vs. MGNI - Financials Comparison
This section allows you to compare key financial metrics between National Vision Holdings Inc and Magnite, 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
EYE vs. MGNI - Profitability Comparison
EYE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Vision Holdings Inc reported a gross profit of 324.74M and revenue of 543.88M. Therefore, the gross margin over that period was 59.7%.
MGNI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported a gross profit of 103.96M and revenue of 164.37M. Therefore, the gross margin over that period was 63.3%.
EYE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Vision Holdings Inc reported an operating income of 45.24M and revenue of 543.88M, resulting in an operating margin of 8.3%.
MGNI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported an operating income of 7.72M and revenue of 164.37M, resulting in an operating margin of 4.7%.
EYE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Vision Holdings Inc reported a net income of 31.18M and revenue of 543.88M, resulting in a net margin of 5.7%.
MGNI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported a net income of 4.41M and revenue of 164.37M, resulting in a net margin of 2.7%.
Frequently Asked Questions
EYE and MGNI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EYE has higher volatility (24.72%) compared to MGNI (17.65%). In terms of maximum drawdown, EYE dropped -85.10% vs MGNI's -93.30%.
MGNI currently has the higher Sharpe Ratio (-0.28 vs -0.54), 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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