MG.TO vs. ^SP500TR
MG.TO (Magna International Inc.) is a stock, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 10 years, MG.TO returned 9.68%/yr vs 15.95%/yr for ^SP500TR. At a 0.46 correlation, their price movements are largely independent.
Performance
MG.TO vs. ^SP500TR - Performance Comparison
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Different Trading Currencies
MG.TO is traded in CAD, while ^SP500TR is traded in USD. To make them comparable, the ^SP500TR values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MG.TO achieves a 33.11% return, which is significantly higher than ^SP500TR's 13.44% return. Over the past 10 years, MG.TO has underperformed ^SP500TR with an annualized return of 9.68%, while ^SP500TR has yielded a comparatively higher 15.95% annualized return.
MG.TO
- 1D
- 3.27%
- 1M
- 4.30%
- 6M
- 31.30%
- YTD
- 33.11%
- 1Y
- 74.57%
- 3Y*
- 9.49%
- 5Y*
- 1.30%
- 10Y*
- 9.68%
- ALL TIME*
- 20.12%
^SP500TR
- 1D
- 1.26%
- 1M
- -0.02%
- 6M
- 12.70%
- YTD
- 13.44%
- 1Y
- 23.56%
- 3Y*
- 22.55%
- 5Y*
- 15.65%
- 10Y*
- 15.95%
- ALL TIME*
- 11.33%
MG.TO vs. ^SP500TR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MG.TO Magna International Inc. | 33.11% | 27.68% | -20.03% | 6.46% | -23.55% | 15.37% | 30.54% | 17.94% | -11.26% | 24.83% |
^SP500TR S&P 500 Total Return | 13.44% | 12.50% | 35.61% | 23.28% | -12.92% | 28.64% | 15.59% | 26.07% | 3.66% | 13.58% |
Correlation
The correlation between MG.TO and ^SP500TR is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2006 | 0.46 |
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Return for Risk
MG.TO vs. ^SP500TR — Risk / Return Rank
MG.TO
^SP500TR
MG.TO vs. ^SP500TR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magna International Inc. (MG.TO) and S&P 500 Total Return (^SP500TR). 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.
| MG.TO | ^SP500TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.32 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 2.65 | +0.64 |
| Martin ratioReturn relative to average drawdown | 10.02 | 9.85 | +0.16 |
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Drawdowns
MG.TO vs. ^SP500TR - Drawdown Comparison
The maximum MG.TO drawdown since its inception was -71.04%, which is greater than ^SP500TR's maximum drawdown of -46.40%. Use the drawdown chart below to compare losses from any high point for MG.TO and ^SP500TR.
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Drawdown Indicators
| MG.TO | ^SP500TR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.04% | -46.40% | -24.64% |
Max Drawdown (1Y)Largest decline over 1 year | -22.79% | -8.94% | -13.85% |
Max Drawdown (3Y)Largest decline over 3 years | -44.57% | -19.37% | -25.20% |
Max Drawdown (5Y)Largest decline over 5 years | -56.02% | -22.56% | -33.46% |
Max Drawdown (10Y)Largest decline over 10 years | -60.29% | -27.77% | -32.52% |
Current DrawdownCurrent decline from peak | -8.87% | -1.50% | -7.37% |
Average DrawdownAverage peak-to-trough decline | -22.50% | -7.88% | -14.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.47% | 2.40% | +5.07% |
Volatility
MG.TO vs. ^SP500TR - Volatility Comparison
Magna International Inc. (MG.TO) has a higher volatility of 9.61% compared to S&P 500 Total Return (^SP500TR) at 3.21%. This indicates that MG.TO's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MG.TO | ^SP500TR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.61% | 3.21% | +6.40% |
Volatility (6M)Calculated over the trailing 6-month period | 28.92% | 10.49% | +18.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.31% | 13.00% | +22.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.83% | 17.91% | +15.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.34% | 19.13% | +14.21% |
Frequently Asked Questions
MG.TO and ^SP500TR have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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