MGA vs. ALV
MGA (Magna International Inc.) and ALV (Autoliv, Inc.) are both stocks. Both operate in the Auto Parts industry within the Consumer Cyclical sector. Over the past 10 years, MGA returned 9.60%/yr vs 7.80%/yr for ALV. Their 0.56 correlation means they have sometimes moved together and sometimes differently.
Performance
MGA vs. ALV - Performance Comparison
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Returns By Period
In the year-to-date period, MGA achieves a 30.73% return, which is significantly higher than ALV's 5.36% return. Over the past 10 years, MGA has outperformed ALV with an annualized return of 9.60%, while ALV has yielded a comparatively lower 7.80% annualized return.
MGA
- 1D
- -1.79%
- 1M
- 9.43%
- 6M
- 36.25%
- YTD
- 30.73%
- 1Y
- 72.17%
- 3Y*
- 6.54%
- 5Y*
- -0.33%
- 10Y*
- 9.60%
- ALL TIME*
- 16.38%
ALV
- 1D
- -0.80%
- 1M
- 5.96%
- 6M
- 3.16%
- YTD
- 5.36%
- 1Y
- 15.04%
- 3Y*
- 9.68%
- 5Y*
- 7.11%
- 10Y*
- 7.80%
- ALL TIME*
- 7.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $86.42M | $95.48M | $90.87M | |
| $99.87M | $90.72M | $82.62M |
MGA vs. ALV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGA Magna International Inc. | 30.73% | 33.72% | -26.29% | 8.76% | -28.04% | 16.57% | 33.41% | 24.30% | -18.40% | 33.69% |
ALV Autoliv, Inc. | 5.36% | 30.24% | -12.72% | 47.99% | -23.47% | 14.50% | 9.99% | 24.32% | -21.57% | 14.81% |
Correlation
The correlation between MGA and ALV is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.68 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 1997 | 0.56 |
The correlation between MGA and ALV shifts across timeframes, from 0.56 (all time) to 0.72 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MGA:
$18.67B
ALV:
$9.02B
MGA:
$2.39
ALV:
$8.53
MGA:
28.66
ALV:
14.45
MGA:
7.04
ALV:
0.77
MGA:
0.45
ALV:
0.84
MGA:
1.60
ALV:
3.67
MGA:
$42.34B
ALV:
$11.08B
MGA:
$5.32B
ALV:
$2.13B
MGA:
$4.08B
ALV:
$1.31B
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Return for Risk
MGA vs. ALV — Risk / Return Rank
MGA
ALV
MGA vs. ALV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magna International Inc. (MGA) and Autoliv, Inc. (ALV). 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.
| MGA | ALV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.11 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 0.63 | +2.52 |
| Martin ratioReturn relative to average drawdown | 9.37 | 1.62 | +7.74 |
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Drawdowns
MGA vs. ALV - Drawdown Comparison
The maximum MGA drawdown since its inception was -79.01%, roughly equal to the maximum ALV drawdown of -79.72%. Use the drawdown chart below to compare losses from any high point for MGA and ALV.
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Drawdown Indicators
| MGA | ALV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.01% | -79.72% | +0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -23.47% | -21.96% | -1.51% |
Max Drawdown (3Y)Largest decline over 3 years | -45.87% | -39.27% | -6.60% |
Max Drawdown (5Y)Largest decline over 5 years | -60.95% | -39.27% | -21.68% |
Max Drawdown (10Y)Largest decline over 10 years | -66.02% | -63.09% | -2.93% |
Current DrawdownCurrent decline from peak | -20.52% | -6.47% | -14.05% |
Average DrawdownAverage peak-to-trough decline | -21.42% | -20.84% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.87% | 8.50% | -0.63% |
Volatility
MGA vs. ALV - Volatility Comparison
Magna International Inc. (MGA) and Autoliv, Inc. (ALV) have volatilities of 9.03% and 9.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGA | ALV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.03% | 9.16% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 29.50% | 22.96% | +6.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.59% | 28.03% | +7.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.61% | 32.14% | +3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.31% | 33.76% | +1.55% |
Dividends
MGA vs. ALV - Dividend Comparison
MGA's dividend yield for the trailing twelve months is around 2.86%, more than ALV's 2.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALV Autoliv, Inc. | 2.81% | 2.63% | 2.92% | 2.41% | 3.37% | 1.82% | 0.67% | 2.94% | 3.02% | 1.87% | 2.03% | 1.78% |
MGA Magna International Inc. | 2.86% | 3.64% | 4.55% | 3.11% | 4.23% | 2.13% | 2.26% | 2.66% | 2.18% | 1.94% | 2.30% | 1.90% |
Financials
MGA vs. ALV - Financials Comparison
This section allows you to compare key financial metrics between Magna International Inc. and Autoliv, 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
MGA vs. ALV - Profitability Comparison
MGA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Magna International Inc. reported a gross profit of 987.13M and revenue of 10.24B. Therefore, the gross margin over that period was 9.6%.
ALV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Autoliv, Inc. reported a gross profit of 509.00M and revenue of 2.80B. Therefore, the gross margin over that period was 18.2%.
MGA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Magna International Inc. reported an operating income of 437.85M and revenue of 10.24B, resulting in an operating margin of 4.3%.
ALV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Autoliv, Inc. reported an operating income of 192.00M and revenue of 2.80B, resulting in an operating margin of 6.9%.
MGA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Magna International Inc. reported a net income of -11.83M and revenue of 10.24B, resulting in a net margin of -0.1%.
ALV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Autoliv, Inc. reported a net income of 100.00M and revenue of 2.80B, resulting in a net margin of 3.6%.
Frequently Asked Questions
MGA and ALV have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALV has higher volatility (9.16%) compared to MGA (9.03%). In terms of maximum drawdown, MGA dropped -79.01% vs ALV's -79.72%.
MGA currently has the higher Sharpe Ratio (2.08 vs 0.49), 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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