MAGN.ME vs. GAZP.ME
MAGN.ME (Public Joint Stock Company Magnitogorsk Iron & Steel Works) and GAZP.ME (Public Joint Stock Company Gazprom) are both stocks. MAGN.ME operates in Steel (Basic Materials), while GAZP.ME operates in Oil & Gas Integrated (Energy). Over the past 10 years, MAGN.ME returned 5.68%/yr vs 5.53%/yr for GAZP.ME. At a 0.44 correlation, their price movements are largely independent.
Performance
MAGN.ME vs. GAZP.ME - Performance Comparison
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Returns By Period
In the year-to-date period, MAGN.ME achieves a -19.89% return, which is significantly lower than GAZP.ME's -7.73% return. Both investments have delivered pretty close results over the past 10 years, with MAGN.ME having a 5.68% annualized return and GAZP.ME not far behind at 5.53%.
MAGN.ME
- 1D
- -0.86%
- 1M
- -7.89%
- YTD
- -19.89%
- 6M
- -13.58%
- 1Y
- -29.92%
- 3Y*
- -15.80%
- 5Y*
- -15.46%
- 10Y*
- 5.68%
GAZP.ME
- 1D
- -0.56%
- 1M
- -2.42%
- YTD
- -7.73%
- 6M
- -9.86%
- 1Y
- -10.60%
- 3Y*
- -10.70%
- 5Y*
- -8.43%
- 10Y*
- 5.53%
MAGN.ME vs. GAZP.ME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAGN.ME Public Joint Stock Company Magnitogorsk Iron & Steel Works | -19.89% | -25.70% | -21.75% | 58.44% | -50.66% | 42.90% | 45.92% | 5.90% | 15.37% | 37.52% |
GAZP.ME Public Joint Stock Company Gazprom | -7.73% | -5.17% | -17.18% | -1.74% | -31.15% | 68.85% | -9.46% | 80.66% | 24.89% | -9.50% |
Correlation
The correlation between MAGN.ME and GAZP.ME is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2006 | 0.44 |
The correlation between MAGN.ME and GAZP.ME shifts across timeframes, from 0.40 (10 years) to 0.61 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MAGN.ME vs. GAZP.ME — Risk / Return Rank
MAGN.ME
GAZP.ME
MAGN.ME vs. GAZP.ME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) and Public Joint Stock Company Gazprom (GAZP.ME). 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.
| MAGN.ME | GAZP.ME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.95 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | -0.53 | -0.26 |
| Martin ratioReturn relative to average drawdown | -1.34 | -0.88 | -0.46 |
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
| MAGN.ME | GAZP.ME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.96 | -0.40 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.43 | -0.18 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | 0.15 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.05 | +0.09 |
Drawdowns
MAGN.ME vs. GAZP.ME - Drawdown Comparison
The maximum MAGN.ME drawdown since its inception was -87.40%, which is greater than GAZP.ME's maximum drawdown of -76.43%. Use the drawdown chart below to compare losses from any high point for MAGN.ME and GAZP.ME.
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Drawdown Indicators
| MAGN.ME | GAZP.ME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.40% | -76.43% | -10.97% |
Max Drawdown (1Y)Largest decline over 1 year | -38.42% | -20.05% | -18.37% |
Max Drawdown (3Y)Largest decline over 3 years | -61.50% | -41.21% | -20.29% |
Max Drawdown (5Y)Largest decline over 5 years | -68.95% | -59.80% | -9.15% |
Max Drawdown (10Y)Largest decline over 10 years | -68.95% | -59.80% | -9.15% |
Current DrawdownCurrent decline from peak | -66.40% | -56.31% | -10.09% |
Average DrawdownAverage peak-to-trough decline | -34.01% | -40.09% | +6.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.70% | 12.01% | +10.69% |
Volatility
MAGN.ME vs. GAZP.ME - Volatility Comparison
Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) has a higher volatility of 8.34% compared to Public Joint Stock Company Gazprom (GAZP.ME) at 7.17%. This indicates that MAGN.ME's price experiences larger fluctuations and is considered to be riskier than GAZP.ME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGN.ME | GAZP.ME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.34% | 7.17% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 19.91% | 13.72% | +6.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.54% | 26.22% | +5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.30% | 46.67% | -11.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.53% | 37.83% | -5.30% |
Dividends
MAGN.ME vs. GAZP.ME - Dividend Comparison
Neither MAGN.ME nor GAZP.ME has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAZP.ME Public Joint Stock Company Gazprom | 0.00% | 0.00% | 0.00% | 0.00% | 31.36% | 3.66% | 7.17% | 6.48% | 5.24% | 6.16% | 5.11% | 5.29% |
MAGN.ME Public Joint Stock Company Magnitogorsk Iron & Steel Works | 0.00% | 0.00% | 8.33% | 0.00% | 8.08% | 12.46% | 6.75% | 8.53% | 12.33% | 7.69% | 3.10% | 3.07% |
Financials
MAGN.ME vs. GAZP.ME - Financials Comparison
This section allows you to compare key financial metrics between Public Joint Stock Company Magnitogorsk Iron & Steel Works and Public Joint Stock Company Gazprom. 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
Frequently Asked Questions
MAGN.ME and GAZP.ME have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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