KRG vs. MGC

Last updated Jun 4, 2026

KRG (Kite Realty Group Trust) is a stock, while MGC (Vanguard Mega Cap ETF) is Large Cap Blend Equities fund tracking the CRSP US Mega Cap Index. Over the past 10 years, KRG returned 5.21%/yr vs 16.36%/yr for MGC. At a 0.46 correlation, their price movements are largely independent.

Performance

KRG vs. MGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kite Realty Group Trust (KRG) and Vanguard Mega Cap ETF (MGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KRG achieves a 15.34% return, which is significantly higher than MGC's 10.80% return. Over the past 10 years, KRG has underperformed MGC with an annualized return of 5.21%, while MGC has yielded a comparatively higher 16.36% annualized return.

KRG

• 1D: -0.56%
• 1M: 2.33%
• YTD: 15.34%
• 6M: 21.90%
• 1Y: 27.88%
• 3Y*: 15.72%
• 5Y*: 9.11%
• 10Y*: 5.21%

MGC

• 1D: -0.79%
• 1M: 5.59%
• YTD: 10.80%
• 6M: 10.75%
• 1Y: 29.68%
• 3Y*: 23.87%
• 5Y*: 14.70%
• 10Y*: 16.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KRG vs. MGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KRG Kite Realty Group Trust	15.34%	-0.20%	15.46%	13.60%	0.80%	50.80%	-20.03%	53.21%	-22.48%	-11.52%
MGC Vanguard Mega Cap ETF	10.80%	19.31%	27.16%	29.77%	-19.95%	27.58%	21.57%	31.14%	-3.45%	22.61%

Correlation

The correlation between KRG and MGC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Dec 28, 2007	0.46

Over the past year, the correlation between KRG and MGC has dropped to 0.18 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

Return for Risk

KRG vs. MGC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KRG

KRG Risk / Return Rank: 79
KRG Sharpe Ratio Rank: 81
KRG Sortino Ratio Rank: 76
KRG Omega Ratio Rank: 74
KRG Calmar Ratio Rank: 82
KRG Martin Ratio Rank: 84

MGC

MGC Risk / Return Rank: 69
MGC Sharpe Ratio Rank: 73
MGC Sortino Ratio Rank: 71
MGC Omega Ratio Rank: 71
MGC Calmar Ratio Rank: 60
MGC Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KRG vs. MGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kite Realty Group Trust (KRG) and Vanguard Mega Cap ETF (MGC). 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.

	KRG	MGC	Difference
Sharpe ratio: Return per unit of total volatility	1.47	2.42	-0.95
Sortino ratio: Return per unit of downside risk	2.10	3.30	-1.19
Omega ratio: Gain probability vs. loss probability	1.26	1.43	-0.18
Calmar ratio: Return relative to maximum drawdown	3.02	3.03	-0.01
Martin ratio: Return relative to average drawdown	8.65	13.61	-4.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KRG vs. MGC - Sharpe Ratio Comparison

The current KRG Sharpe Ratio is 1.47, which is lower than the MGC Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of KRG and MGC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KRG	MGC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	2.42	-0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.86	-0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	0.90	-0.76
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.60	-0.54

Drawdowns

KRG vs. MGC - Drawdown Comparison

The maximum KRG drawdown since its inception was -88.63%, which is greater than MGC's maximum drawdown of -51.93%. Use the drawdown chart below to compare losses from any high point for KRG and MGC.

Drawdown Indicators

	KRG	MGC	Difference
Max Drawdown Largest peak-to-trough decline	-88.63%	-51.93%	-36.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.27%	-9.85%	+0.58%
Max Drawdown (3Y) Largest decline over 3 years	-29.07%	-19.28%	-9.79%
Max Drawdown (5Y) Largest decline over 5 years	-29.07%	-25.74%	-3.33%
Max Drawdown (10Y) Largest decline over 10 years	-68.62%	-33.07%	-35.55%
Current Drawdown Current decline from peak	-9.88%	-0.79%	-9.09%
Average Drawdown Average peak-to-trough decline	-46.00%	-7.06%	-38.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	2.19%	+1.04%

Volatility

KRG vs. MGC - Volatility Comparison

Kite Realty Group Trust (KRG) has a higher volatility of 4.29% compared to Vanguard Mega Cap ETF (MGC) at 3.04%. This indicates that KRG's price experiences larger fluctuations and is considered to be riskier than MGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KRG	MGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	3.04%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	9.27%	+2.94%
Volatility (1Y) Calculated over the trailing 1-year period	19.05%	12.32%	+6.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.11%	17.27%	+9.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.85%	18.21%	+18.64%

Dividends

KRG vs. MGC - Dividend Comparison

KRG's dividend yield for the trailing twelve months is around 4.71%, more than MGC's 0.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KRG Kite Realty Group Trust	4.71%	4.51%	4.00%	4.20%	3.90%	3.12%	3.00%	8.13%	9.01%	6.17%	4.83%	4.16%
MGC Vanguard Mega Cap ETF	0.87%	0.93%	1.15%	1.35%	1.65%	1.17%	1.45%	1.81%	2.10%	1.83%	2.14%	2.11%

Frequently Asked Questions

Can I hold both KRG and MGC in my portfolio?

KRG and MGC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KRG or MGC?

KRG has higher volatility (4.29%) compared to MGC (3.04%). In terms of maximum drawdown, KRG dropped -88.63% vs MGC's -51.93%.

Which has better risk-adjusted returns?

MGC currently has the higher Sharpe Ratio (2.42 vs 1.47), 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.