IMO vs. MGEE
IMO (Imperial Oil Limited) and MGEE (MGE Energy, Inc.) are both stocks. IMO operates in Oil & Gas Integrated (Energy), while MGEE operates in Utilities - Diversified (Utilities). Over the past 10 years, IMO returned 17.09%/yr vs 5.59%/yr for MGEE. At a 0.16 correlation, their price movements are largely independent.
Performance
IMO vs. MGEE - Performance Comparison
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Returns By Period
In the year-to-date period, IMO achieves a 33.46% return, which is significantly higher than MGEE's -1.89% return. Over the past 10 years, IMO has outperformed MGEE with an annualized return of 17.09%, while MGEE has yielded a comparatively lower 5.59% annualized return.
IMO
- 1D
- 1.30%
- 1M
- -13.97%
- YTD
- 33.46%
- 6M
- 35.20%
- 1Y
- 43.79%
- 3Y*
- 36.88%
- 5Y*
- 31.93%
- 10Y*
- 17.09%
MGEE
- 1D
- 0.12%
- 1M
- 0.57%
- YTD
- -1.89%
- 6M
- -1.82%
- 1Y
- -11.95%
- 3Y*
- 2.31%
- 5Y*
- 2.61%
- 10Y*
- 5.59%
IMO vs. MGEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IMO Imperial Oil Limited | 33.46% | 43.85% | 10.47% | 20.89% | 38.00% | 95.29% | -25.37% | 7.16% | -17.21% | -8.36% |
MGEE MGE Energy, Inc. | -1.89% | -14.75% | 32.80% | 5.10% | -12.57% | 19.90% | -9.30% | 34.04% | -2.90% | -1.48% |
Correlation
The correlation between IMO and MGEE is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.16 |
The correlation between IMO and MGEE shifts across timeframes, from 0.02 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
IMO:
$55.27B
MGEE:
$2.78B
IMO:
$5.87
MGEE:
$3.90
IMO:
19.43
MGEE:
19.48
IMO:
0.43
MGEE:
3.09
IMO:
1.22
MGEE:
3.62
IMO:
2.43
MGEE:
2.23
IMO:
$46.55B
MGEE:
$767.39M
IMO:
$7.69B
MGEE:
$744.92M
IMO:
$6.36B
MGEE:
$282.54M
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Return for Risk
IMO vs. MGEE — Risk / Return Rank
IMO
MGEE
IMO vs. MGEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Imperial Oil Limited (IMO) and MGE Energy, Inc. (MGEE). 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.
| IMO | MGEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +2.81 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.92 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | -0.63 | +3.04 |
| Martin ratioReturn relative to average drawdown | 7.20 | -1.12 | +8.32 |
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Drawdowns
IMO vs. MGEE - Drawdown Comparison
The maximum IMO drawdown since its inception was -84.82%, which is greater than MGEE's maximum drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for IMO and MGEE.
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Drawdown Indicators
| IMO | MGEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.82% | -33.91% | -50.91% |
Max Drawdown (1Y)Largest decline over 1 year | -18.23% | -19.07% | +0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -22.95% | -30.88% | +7.93% |
Max Drawdown (5Y)Largest decline over 5 years | -29.72% | -30.88% | +1.16% |
Max Drawdown (10Y)Largest decline over 10 years | -76.96% | -33.91% | -43.05% |
Current DrawdownCurrent decline from peak | -17.17% | -27.03% | +9.86% |
Average DrawdownAverage peak-to-trough decline | -21.18% | -7.66% | -13.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.11% | 10.65% | -4.54% |
Volatility
IMO vs. MGEE - Volatility Comparison
Imperial Oil Limited (IMO) has a higher volatility of 9.50% compared to MGE Energy, Inc. (MGEE) at 6.11%. This indicates that IMO's price experiences larger fluctuations and is considered to be riskier than MGEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IMO | MGEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.50% | 6.11% | +3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 21.86% | 16.19% | +5.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.43% | 20.71% | +6.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.57% | 23.29% | +9.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.59% | 27.44% | +8.15% |
Dividends
IMO vs. MGEE - Dividend Comparison
IMO's dividend yield for the trailing twelve months is around 2.02%, less than MGEE's 2.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMO Imperial Oil Limited | 2.02% | 2.40% | 2.84% | 2.73% | 2.30% | 2.28% | 3.50% | 2.41% | 2.36% | 2.02% | 1.70% | 1.66% |
MGEE MGE Energy, Inc. | 2.50% | 2.36% | 1.87% | 2.31% | 2.26% | 1.84% | 2.06% | 1.75% | 2.20% | 2.00% | 1.85% | 2.49% |
Financials
IMO vs. MGEE - Financials Comparison
This section allows you to compare key financial metrics between Imperial Oil Limited and MGE Energy, 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
IMO vs. MGEE - Profitability Comparison
IMO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a gross profit of 2.51B and revenue of 12.45B. Therefore, the gross margin over that period was 20.2%.
MGEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MGE Energy, Inc. reported a gross profit of 240.24M and revenue of 242.70M. Therefore, the gross margin over that period was 99.0%.
IMO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported an operating income of 1.23B and revenue of 12.45B, resulting in an operating margin of 9.9%.
MGEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MGE Energy, Inc. reported an operating income of 53.15M and revenue of 242.70M, resulting in an operating margin of 21.9%.
IMO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a net income of 940.00M and revenue of 12.45B, resulting in a net margin of 7.6%.
MGEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MGE Energy, Inc. reported a net income of 48.48M and revenue of 242.70M, resulting in a net margin of 20.0%.
Frequently Asked Questions
IMO and MGEE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMO has higher volatility (9.50%) compared to MGEE (6.11%). In terms of maximum drawdown, IMO dropped -84.82% vs MGEE's -33.91%.
IMO currently has the higher Sharpe Ratio (1.61 vs -0.58), 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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