MDIA vs. WGS
MDIA (MediaCo Holding Inc.) and WGS (GeneDx Holdings Corp.) are both stocks. MDIA operates in Broadcasting (Communication Services), while WGS operates in Health Information Services (Healthcare). Over the past 5 years, MDIA returned -27.19%/yr vs -33.26%/yr for WGS. At a 0.08 correlation, their price movements are largely independent.
Performance
MDIA vs. WGS - Performance Comparison
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Returns By Period
In the year-to-date period, MDIA achieves a 37.93% return, which is significantly higher than WGS's -57.39% return.
MDIA
- 1D
- 5.18%
- 1M
- -11.44%
- YTD
- 37.93%
- 6M
- 26.40%
- 1Y
- -25.23%
- 3Y*
- -11.27%
- 5Y*
- -27.19%
- 10Y*
- —
WGS
- 1D
- -6.08%
- 1M
- 17.14%
- YTD
- -57.39%
- 6M
- -60.46%
- 1Y
- -17.28%
- 3Y*
- 108.32%
- 5Y*
- -33.26%
- 10Y*
- —
MDIA vs. WGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MDIA MediaCo Holding Inc. | 37.93% | -49.12% | 165.42% | -62.60% | -78.53% | 105.37% | -7.62% |
WGS GeneDx Holdings Corp. | -57.39% | 69.22% | 2,694.91% | -68.41% | -94.09% | -59.60% | 12.65% |
Correlation
The correlation between MDIA and WGS is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2020 | 0.08 |
The correlation between MDIA and WGS shifts across timeframes, from -0.07 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MDIA:
$63.51M
WGS:
$1.63B
MDIA:
-$0.83
WGS:
-$2.71
MDIA:
0.48
WGS:
3.59
MDIA:
12.72
WGS:
6.40
MDIA:
$133.34M
WGS:
$442.68M
MDIA:
$0.00
WGS:
$302.56M
MDIA:
-$74.46M
WGS:
-$51.08M
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Return for Risk
MDIA vs. WGS — Risk / Return Rank
MDIA
WGS
MDIA vs. WGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MediaCo Holding Inc. (MDIA) and GeneDx Holdings Corp. (WGS). 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.
| MDIA | WGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.06 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | -0.22 | -0.18 |
| Martin ratioReturn relative to average drawdown | -0.63 | -0.44 | -0.19 |
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Drawdowns
MDIA vs. WGS - Drawdown Comparison
The maximum MDIA drawdown since its inception was -97.56%, roughly equal to the maximum WGS drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for MDIA and WGS.
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Drawdown Indicators
| MDIA | WGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.56% | -99.85% | +2.29% |
Max Drawdown (1Y)Largest decline over 1 year | -63.27% | -79.40% | +16.13% |
Max Drawdown (3Y)Largest decline over 3 years | -90.16% | -84.28% | -5.88% |
Max Drawdown (5Y)Largest decline over 5 years | -97.56% | -99.73% | +2.17% |
Current DrawdownCurrent decline from peak | -95.29% | -93.49% | -1.80% |
Average DrawdownAverage peak-to-trough decline | -80.34% | -83.38% | +3.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.15% | 39.64% | +0.51% |
Volatility
MDIA vs. WGS - Volatility Comparison
MediaCo Holding Inc. (MDIA) has a higher volatility of 26.72% compared to GeneDx Holdings Corp. (WGS) at 22.89%. This indicates that MDIA's price experiences larger fluctuations and is considered to be riskier than WGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDIA | WGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.72% | 22.89% | +3.83% |
Volatility (6M)Calculated over the trailing 6-month period | 50.05% | 85.99% | -35.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.36% | 85.81% | -15.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 205.31% | 110.05% | +95.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 248.32% | 107.34% | +140.98% |
Dividends
MDIA vs. WGS - Dividend Comparison
Neither MDIA nor WGS has paid dividends to shareholders.
Financials
MDIA vs. WGS - Financials Comparison
This section allows you to compare key financial metrics between MediaCo Holding Inc. and GeneDx Holdings 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
MDIA vs. WGS - Profitability Comparison
MDIA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MediaCo Holding Inc. reported a gross profit of 10.46M and revenue of 38.66M. Therefore, the gross margin over that period was 27.1%.
WGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GeneDx Holdings Corp. reported a gross profit of 68.21M and revenue of 102.25M. Therefore, the gross margin over that period was 66.7%.
MDIA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MediaCo Holding Inc. reported an operating income of 18.56M and revenue of 38.66M, resulting in an operating margin of 48.0%.
WGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GeneDx Holdings Corp. reported an operating income of -57.47M and revenue of 102.25M, resulting in an operating margin of -56.2%.
MDIA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MediaCo Holding Inc. reported a net income of -30.93M and revenue of 38.66M, resulting in a net margin of -80.0%.
WGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GeneDx Holdings Corp. reported a net income of -63.32M and revenue of 102.25M, resulting in a net margin of -61.9%.
Frequently Asked Questions
MDIA and WGS have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDIA has higher volatility (26.72%) compared to WGS (22.89%). In terms of maximum drawdown, MDIA dropped -97.56% vs WGS's -99.85%.
WGS currently has the higher Sharpe Ratio (-0.20 vs -0.36), 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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