FTAIN vs. MSGE
FTAIN (Fortress Transportation and Preferred Series C) and MSGE (Madison Square Garden Entertainment Corp.) are both stocks. FTAIN operates in Rental & Leasing Services (Industrials), while MSGE operates in Entertainment (Communication Services). Over the past 3 years, FTAIN returned 11.74%/yr vs 25.35%/yr for MSGE. At a 0.06 correlation, their price movements are largely independent.
Performance
FTAIN vs. MSGE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FTAIN achieves a 2.52% return, which is significantly lower than MSGE's 36.37% return.
FTAIN
- 1D
- 0.04%
- 1M
- 0.38%
- YTD
- 2.52%
- 6M
- 2.52%
- 1Y
- 7.72%
- 3Y*
- 11.74%
- 5Y*
- 6.88%
- 10Y*
- —
MSGE
- 1D
- -1.05%
- 1M
- 10.98%
- YTD
- 36.37%
- 6M
- 34.30%
- 1Y
- 99.54%
- 3Y*
- 25.35%
- 5Y*
- —
- 10Y*
- —
FTAIN vs. MSGE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FTAIN Fortress Transportation and Preferred Series C | 2.52% | 4.26% | 18.15% | 15.59% |
MSGE Madison Square Garden Entertainment Corp. | 36.37% | 51.38% | 11.98% | -9.17% |
Correlation
The correlation between FTAIN and MSGE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.06 |
Fundamentals
FTAIN:
$2.61B
MSGE:
$2.64B
FTAIN:
$5.13
MSGE:
$0.95
FTAIN:
4.87
MSGE:
77.68
FTAIN:
0.00
MSGE:
0.13
FTAIN:
0.91
MSGE:
2.84
FTAIN:
6.04
MSGE:
1.17
FTAIN:
$2.84B
MSGE:
$1.16B
FTAIN:
$922.62M
MSGE:
$364.47M
FTAIN:
$992.07M
MSGE:
$230.81M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FTAIN vs. MSGE — Risk / Return Rank
FTAIN
MSGE
FTAIN vs. MSGE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortress Transportation and Preferred Series C (FTAIN) and Madison Square Garden Entertainment Corp. (MSGE). 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.
| FTAIN | MSGE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.49 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.67 | 7.45 | -2.79 |
| Martin ratioReturn relative to average drawdown | 16.81 | 19.91 | -3.10 |
Loading charts...
Drawdowns
FTAIN vs. MSGE - Drawdown Comparison
The maximum FTAIN drawdown since its inception was -32.02%, smaller than the maximum MSGE drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FTAIN and MSGE.
Loading charts...
Drawdown Indicators
| FTAIN | MSGE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.02% | -33.94% | +1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -1.66% | -13.43% | +11.77% |
Max Drawdown (3Y)Largest decline over 3 years | -8.42% | -33.94% | +25.52% |
Max Drawdown (5Y)Largest decline over 5 years | -32.02% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.05% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -11.10% | +6.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.47% | 5.02% | -4.55% |
Volatility
FTAIN vs. MSGE - Volatility Comparison
The current volatility for Fortress Transportation and Preferred Series C (FTAIN) is 0.27%, while Madison Square Garden Entertainment Corp. (MSGE) has a volatility of 5.35%. This indicates that FTAIN experiences smaller price fluctuations and is considered to be less risky than MSGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FTAIN | MSGE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.27% | 5.35% | -5.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.37% | 18.99% | -16.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.79% | 30.96% | -26.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.69% | 36.42% | -17.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.39% | 36.42% | -18.03% |
Dividends
FTAIN vs. MSGE - Dividend Comparison
FTAIN's dividend yield for the trailing twelve months is around 8.25%, while MSGE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FTAIN Fortress Transportation and Preferred Series C | 8.25% | 8.12% | 7.81% | 8.52% | 10.58% | 5.56% |
MSGE Madison Square Garden Entertainment Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FTAIN vs. MSGE - Financials Comparison
This section allows you to compare key financial metrics between Fortress Transportation and Preferred Series C and Madison Square Garden Entertainment Corp.. 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
FTAIN vs. MSGE - Profitability Comparison
FTAIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Preferred Series C reported a gross profit of 306.43M and revenue of 830.70M. Therefore, the gross margin over that period was 36.9%.
MSGE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Madison Square Garden Entertainment Corp. reported a gross profit of 0.00 and revenue of 386.41M. Therefore, the gross margin over that period was 0.0%.
FTAIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Preferred Series C reported an operating income of 241.44M and revenue of 830.70M, resulting in an operating margin of 29.1%.
MSGE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Madison Square Garden Entertainment Corp. reported an operating income of 7.20M and revenue of 386.41M, resulting in an operating margin of 1.9%.
FTAIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Preferred Series C reported a net income of 134.19M and revenue of 830.70M, resulting in a net margin of 16.2%.
MSGE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Madison Square Garden Entertainment Corp. reported a net income of -1.59M and revenue of 386.41M, resulting in a net margin of -0.4%.
Frequently Asked Questions
FTAIN and MSGE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSGE has higher volatility (5.35%) compared to FTAIN (0.27%). In terms of maximum drawdown, FTAIN dropped -32.02% vs MSGE's -33.94%.
MSGE currently has the higher Sharpe Ratio (3.23 vs 1.62), 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.
Find the right allocation for FTAIN and MSGE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer