MG vs. AIP
MG (Mistras Group, Inc.) and AIP (Arteris, Inc.) are both stocks. MG operates in Security & Protection Services (Industrials), while AIP operates in Semiconductors (Technology). Over the past 3 years, MG returned 38.87%/yr vs 84.72%/yr for AIP. At a 0.23 correlation, their price movements are largely independent.
Performance
MG vs. AIP - Performance Comparison
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Returns By Period
In the year-to-date period, MG achieves a 50.75% return, which is significantly lower than AIP's 165.94% return.
MG
- 1D
- 1.76%
- 1M
- 10.36%
- YTD
- 50.75%
- 6M
- 44.58%
- 1Y
- 148.31%
- 3Y*
- 38.87%
- 5Y*
- 12.76%
- 10Y*
- -2.27%
AIP
- 1D
- -7.37%
- 1M
- 13.62%
- YTD
- 165.94%
- 6M
- 155.07%
- 1Y
- 374.34%
- 3Y*
- 84.72%
- 5Y*
- —
- 10Y*
- —
MG vs. AIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MG Mistras Group, Inc. | 50.75% | 39.62% | 23.77% | 48.48% | -33.65% | -20.79% |
AIP Arteris, Inc. | 165.94% | 52.11% | 73.01% | 36.98% | -79.63% | 27.86% |
Correlation
The correlation between MG and AIP is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2021 | 0.23 |
Fundamentals
MG:
$622.73M
AIP:
$1.88B
MG:
$0.70
AIP:
-$0.80
MG:
0.84
AIP:
23.27
MG:
$731.44M
AIP:
$76.98M
MG:
$197.97M
AIP:
$68.36M
MG:
$75.89M
AIP:
-$31.26M
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Return for Risk
MG vs. AIP — Risk / Return Rank
MG
AIP
MG vs. AIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mistras Group, Inc. (MG) and Arteris, Inc. (AIP). 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 | AIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.52 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 10.26 | 11.12 | -0.86 |
| Martin ratioReturn relative to average drawdown | 29.80 | 23.33 | +6.47 |
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Drawdowns
MG vs. AIP - Drawdown Comparison
The maximum MG drawdown since its inception was -89.21%, roughly equal to the maximum AIP drawdown of -87.63%. Use the drawdown chart below to compare losses from any high point for MG and AIP.
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Drawdown Indicators
| MG | AIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.21% | -87.63% | -1.58% |
Max Drawdown (1Y)Largest decline over 1 year | -14.54% | -33.92% | +19.38% |
Max Drawdown (3Y)Largest decline over 3 years | -40.78% | -54.48% | +13.70% |
Max Drawdown (5Y)Largest decline over 5 years | -65.34% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -88.95% | — | — |
Current DrawdownCurrent decline from peak | -29.27% | -7.37% | -21.90% |
Average DrawdownAverage peak-to-trough decline | -40.47% | -62.87% | +22.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.00% | 16.14% | -11.14% |
Volatility
MG vs. AIP - Volatility Comparison
The current volatility for Mistras Group, Inc. (MG) is 11.57%, while Arteris, Inc. (AIP) has a volatility of 22.85%. This indicates that MG experiences smaller price fluctuations and is considered to be less risky than AIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MG | AIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.57% | 22.85% | -11.28% |
Volatility (6M)Calculated over the trailing 6-month period | 24.54% | 47.69% | -23.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.95% | 88.66% | -46.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.06% | 80.51% | -34.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.33% | 80.51% | -29.18% |
Dividends
MG vs. AIP - Dividend Comparison
Neither MG nor AIP has paid dividends to shareholders.
Financials
MG vs. AIP - Financials Comparison
This section allows you to compare key financial metrics between Mistras Group, Inc. and Arteris, 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
MG vs. AIP - Profitability Comparison
MG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mistras Group, Inc. reported a gross profit of 44.73M and revenue of 169.03M. Therefore, the gross margin over that period was 26.5%.
AIP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arteris, Inc. reported a gross profit of 19.69M and revenue of 22.94M. Therefore, the gross margin over that period was 85.8%.
MG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mistras Group, Inc. reported an operating income of 4.68M and revenue of 169.03M, resulting in an operating margin of 2.8%.
AIP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arteris, Inc. reported an operating income of -9.30M and revenue of 22.94M, resulting in an operating margin of -40.6%.
MG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mistras Group, Inc. reported a net income of 2.39M and revenue of 169.03M, resulting in a net margin of 1.4%.
AIP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arteris, Inc. reported a net income of -7.96M and revenue of 22.94M, resulting in a net margin of -34.7%.
Frequently Asked Questions
MG and AIP have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIP has higher volatility (22.85%) compared to MG (11.57%). In terms of maximum drawdown, MG dropped -89.21% vs AIP's -87.63%.
AIP currently has the higher Sharpe Ratio (4.26 vs 3.56), 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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