MAGN vs. PRG
MAGN (Magnera Corporation) and PRG (PROG Holdings, Inc.) are both stocks. MAGN operates in Paper & Paper Products (Basic Materials), while PRG operates in Rental & Leasing Services (Industrials). Over the past 10 years, MAGN returned -25.62%/yr vs 5.42%/yr for PRG. At a 0.20 correlation, their price movements are largely independent.
Performance
MAGN vs. PRG - Performance Comparison
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Returns By Period
In the year-to-date period, MAGN achieves a -25.10% return, which is significantly lower than PRG's 16.80% return. Over the past 10 years, MAGN has underperformed PRG with an annualized return of -25.62%, while PRG has yielded a comparatively higher 5.42% annualized return.
MAGN
- 1D
- -1.99%
- 1M
- 13.40%
- YTD
- -25.10%
- 6M
- -18.88%
- 1Y
- -8.62%
- 3Y*
- -35.29%
- 5Y*
- -42.41%
- 10Y*
- -25.62%
PRG
- 1D
- -5.11%
- 1M
- -4.48%
- YTD
- 16.80%
- 6M
- 14.16%
- 1Y
- 18.80%
- 3Y*
- 1.29%
- 5Y*
- -7.40%
- 10Y*
- 5.42%
MAGN vs. PRG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAGN Magnera Corporation | -25.10% | -16.68% | -27.95% | -30.22% | -83.33% | 8.79% | -6.37% | 94.89% | -53.28% | -8.47% |
PRG PROG Holdings, Inc. | 16.80% | -28.95% | 38.41% | 83.01% | -62.56% | -16.26% | 11.71% | 36.15% | 5.81% | 24.96% |
Correlation
The correlation between MAGN and PRG is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 1984 | 0.20 |
Over the past year, MAGN and PRG have become more correlated (0.47) than their long-term average of 0.20, meaning their price movements have been converging.
Fundamentals
MAGN:
$407.11M
PRG:
$1.39B
MAGN:
-$3.09
PRG:
$3.65
MAGN:
0.12
PRG:
0.76
MAGN:
0.39
PRG:
1.80
MAGN:
$3.27B
PRG:
$1.81B
MAGN:
$242.00M
PRG:
$1.38B
MAGN:
$254.00M
PRG:
$1.38B
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Return for Risk
MAGN vs. PRG — Risk / Return Rank
MAGN
PRG
MAGN vs. PRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magnera Corporation (MAGN) and PROG Holdings, Inc. (PRG). 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 | PRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.13 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 0.61 | -0.80 |
| Martin ratioReturn relative to average drawdown | -0.39 | 1.24 | -1.62 |
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 | PRG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 0.40 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | -0.15 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.40 | 0.11 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.16 | -0.14 |
Drawdowns
MAGN vs. PRG - Drawdown Comparison
The maximum MAGN drawdown since its inception was -97.49%, which is greater than PRG's maximum drawdown of -80.87%. Use the drawdown chart below to compare losses from any high point for MAGN and PRG.
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Drawdown Indicators
| MAGN | PRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.49% | -80.87% | -16.62% |
Max Drawdown (1Y)Largest decline over 1 year | -44.02% | -31.21% | -12.81% |
Max Drawdown (3Y)Largest decline over 3 years | -82.90% | -51.86% | -31.04% |
Max Drawdown (5Y)Largest decline over 5 years | -96.59% | -77.47% | -19.12% |
Max Drawdown (10Y)Largest decline over 10 years | -97.03% | -80.87% | -16.16% |
Current DrawdownCurrent decline from peak | -96.43% | -46.16% | -50.27% |
Average DrawdownAverage peak-to-trough decline | -31.01% | -28.42% | -2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.29% | 15.25% | +7.04% |
Volatility
MAGN vs. PRG - Volatility Comparison
Magnera Corporation (MAGN) has a higher volatility of 16.95% compared to PROG Holdings, Inc. (PRG) at 13.27%. This indicates that MAGN's price experiences larger fluctuations and is considered to be riskier than PRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGN | PRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.95% | 13.27% | +3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 34.73% | 36.71% | -1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.59% | 47.43% | +14.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.09% | 50.73% | +30.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.00% | 49.87% | +15.13% |
Dividends
MAGN vs. PRG - Dividend Comparison
MAGN has not paid dividends to shareholders, while PRG's dividend yield for the trailing twelve months is around 1.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGN Magnera Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 10.07% | 3.23% | 4.06% | 2.84% | 5.33% | 1.82% | 2.09% | 2.60% |
PRG PROG Holdings, Inc. | 1.58% | 1.76% | 1.14% | 0.00% | 0.00% | 0.00% | 0.26% | 0.25% | 0.30% | 0.28% | 0.32% | 0.42% |
Financials
MAGN vs. PRG - Financials Comparison
This section allows you to compare key financial metrics between Magnera Corporation and PROG Holdings, 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
Frequently Asked Questions
MAGN and PRG have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAGN has higher volatility (16.95%) compared to PRG (13.27%). In terms of maximum drawdown, MAGN dropped -97.49% vs PRG's -80.87%.
PRG currently has the higher Sharpe Ratio (0.40 vs -0.14), 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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