MG vs. VSEC

Last updated Jun 4, 2026

MG (Mistras Group, Inc.) and VSEC (VSE Corporation) are both stocks. Both are in the Industrials sector — MG in Security & Protection Services, VSEC in Aerospace & Defense. Over the past 10 years, MG returned -3.45%/yr vs 19.16%/yr for VSEC. At a 0.34 correlation, their price movements are largely independent.

Performance

MG vs. VSEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mistras Group, Inc. (MG) and VSE Corporation (VSEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MG achieves a 39.13% return, which is significantly higher than VSEC's 1.98% return. Over the past 10 years, MG has underperformed VSEC with an annualized return of -3.45%, while VSEC has yielded a comparatively higher 19.16% annualized return.

MG

• 1D: -2.44%
• 1M: -5.83%
• YTD: 39.13%
• 6M: 48.90%
• 1Y: 133.11%
• 3Y*: 36.70%
• 5Y*: 10.53%
• 10Y*: -3.45%

VSEC

• 1D: -2.31%
• 1M: 4.71%
• YTD: 1.98%
• 6M: 4.52%
• 1Y: 34.31%
• 3Y*: 51.83%
• 5Y*: 29.45%
• 10Y*: 19.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MG vs. VSEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MG Mistras Group, Inc.	39.13%	39.62%	23.77%	48.48%	-33.65%	-4.25%	-45.62%	-0.76%	-38.73%	-8.61%
VSEC VSE Corporation	1.98%	82.26%	47.93%	39.19%	-22.35%	59.55%	2.54%	28.56%	-37.81%	25.45%

Correlation

The correlation between MG and VSEC is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
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	0.36
Correlation (All Time) Calculated using the full available price history since Oct 9, 2009	0.34

The correlation between MG and VSEC shifts across timeframes, from 0.32 (3 years) to 0.42 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MG : $574.73M VSEC : $4.90B
EPS MG : $0.70 VSEC : $2.73
PE Ratio MG : 25.24 VSEC : 64.50
PEG Ratio MG : 0.51 VSEC : 0.91
PS Ratio MG : 0.77 VSEC : 3.43
Total Revenue (TTM) MG : $731.44M VSEC : $1.18B
Gross Profit (TTM) MG : $197.97M VSEC : $105.32M
EBITDA (TTM) MG : $75.89M VSEC : $128.59M

Return for Risk

MG vs. VSEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MG

MG Risk / Return Rank: 96
MG Sharpe Ratio Rank: 95
MG Sortino Ratio Rank: 96
MG Omega Ratio Rank: 94
MG Calmar Ratio Rank: 97
MG Martin Ratio Rank: 97

VSEC

VSEC Risk / Return Rank: 62
VSEC Sharpe Ratio Rank: 61
VSEC Sortino Ratio Rank: 60
VSEC Omega Ratio Rank: 58
VSEC Calmar Ratio Rank: 63
VSEC Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MG vs. VSEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mistras Group, Inc. (MG) and VSE Corporation (VSEC). 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.

	MG	VSEC	Difference
Sharpe ratio: Return per unit of total volatility	3.25	0.64	+2.61
Sortino ratio: Return per unit of downside risk	4.52	1.28	+3.23
Omega ratio: Gain probability vs. loss probability	1.55	1.16	+0.39
Calmar ratio: Return relative to maximum drawdown	9.21	1.14	+8.07
Martin ratio: Return relative to average drawdown	27.36	3.29	+24.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MG vs. VSEC - Sharpe Ratio Comparison

The current MG Sharpe Ratio is 3.25, which is higher than the VSEC Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of MG and VSEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MG	VSEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	0.64	+2.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.64	-0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	0.41	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.26	-0.22

Drawdowns

MG vs. VSEC - Drawdown Comparison

The maximum MG drawdown since its inception was -89.21%, which is greater than VSEC's maximum drawdown of -76.09%. Use the drawdown chart below to compare losses from any high point for MG and VSEC.

Drawdown Indicators

	MG	VSEC	Difference
Max Drawdown Largest peak-to-trough decline	-89.21%	-76.09%	-13.12%
Max Drawdown (1Y) Largest decline over 1 year	-14.54%	-30.31%	+15.77%
Max Drawdown (3Y) Largest decline over 3 years	-40.78%	-30.31%	-10.47%
Max Drawdown (5Y) Largest decline over 5 years	-66.87%	-47.58%	-19.29%
Max Drawdown (10Y) Largest decline over 10 years	-88.95%	-76.09%	-12.86%
Current Drawdown Current decline from peak	-34.72%	-22.68%	-12.04%
Average Drawdown Average peak-to-trough decline	-40.51%	-30.68%	-9.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.88%	10.47%	-5.59%

Volatility

MG vs. VSEC - Volatility Comparison

The current volatility for Mistras Group, Inc. (MG) is 12.12%, while VSE Corporation (VSEC) has a volatility of 22.49%. This indicates that MG experiences smaller price fluctuations and is considered to be less risky than VSEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MG	VSEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.12%	22.49%	-10.37%
Volatility (6M) Calculated over the trailing 6-month period	24.36%	45.62%	-21.26%
Volatility (1Y) Calculated over the trailing 1-year period	41.15%	53.79%	-12.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.15%	46.09%	+0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.28%	46.97%	+4.31%

Dividends

MG vs. VSEC - Dividend Comparison

MG has not paid dividends to shareholders, while VSEC's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MG Mistras Group, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VSEC VSE Corporation	0.23%	0.23%	0.42%	0.77%	0.85%	0.59%	0.94%	0.89%	1.00%	0.54%	0.51%	0.68%

Financials

MG vs. VSEC - Profitability Comparison

The chart below illustrates the profitability comparison between Mistras Group, Inc. and VSE Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

VSEC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, VSE Corporation reported a gross profit of 0.00 and revenue of 324.58M. Therefore, the gross margin over that period was 0.0%.

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%.

VSEC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, VSE Corporation reported an operating income of 32.75M and revenue of 324.58M, resulting in an operating margin of 10.1%.

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%.

VSEC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, VSE Corporation reported a net income of 29.06M and revenue of 324.58M, resulting in a net margin of 9.0%.

Frequently Asked Questions

Can I hold both MG and VSEC in my portfolio?

MG and VSEC have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MG or VSEC?

VSEC has higher volatility (22.49%) compared to MG (12.12%). In terms of maximum drawdown, MG dropped -89.21% vs VSEC's -76.09%.

Which has better risk-adjusted returns?

MG currently has the higher Sharpe Ratio (3.25 vs 0.64), 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.