MGA vs. ALV

Last updated Jun 4, 2026

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 8.67%/yr vs 6.43%/yr for ALV. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

MGA vs. ALV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Magna International Inc. (MGA) and Autoliv, Inc. (ALV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MGA achieves a 29.87% return, which is significantly higher than ALV's 11.57% return. Over the past 10 years, MGA has outperformed ALV with an annualized return of 8.67%, while ALV has yielded a comparatively lower 6.43% annualized return.

MGA

• 1D: 0.06%
• 1M: 15.36%
• YTD: 29.87%
• 6M: 39.84%
• 1Y: 94.42%
• 3Y*: 14.53%
• 5Y*: -4.62%
• 10Y*: 8.67%

ALV

• 1D: -0.96%
• 1M: 14.60%
• YTD: 11.57%
• 6M: 10.56%
• 1Y: 30.86%
• 3Y*: 18.61%
• 5Y*: 6.79%
• 10Y*: 6.43%

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

MGA vs. ALV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MGA Magna International Inc.	29.87%	33.72%	-26.29%	8.76%	-28.04%	16.57%	33.41%	24.30%	-18.40%	33.69%
ALV Autoliv, Inc.	11.57%	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 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Apr 29, 1997	0.56

The correlation between MGA and ALV shifts across timeframes, from 0.56 (all time) to 0.73 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MGA : $18.95B ALV : $9.79B
EPS MGA : $2.39 ALV : $9.32
PE Ratio MGA : 28.50 ALV : 14.00
PEG Ratio MGA : 7.00 ALV : 0.74
PS Ratio MGA : 0.45 ALV : 0.90
PB Ratio MGA : 1.59 ALV : 3.72
Total Revenue (TTM) MGA : $42.34B ALV : $10.99B
Gross Profit (TTM) MGA : $5.32B ALV : $2.12B
EBITDA (TTM) MGA : $4.08B ALV : $1.38B

Return for Risk

MGA vs. ALV — Risk / Return Rank

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

MGA

MGA Risk / Return Rank: 91
MGA Sharpe Ratio Rank: 93
MGA Sortino Ratio Rank: 95
MGA Omega Ratio Rank: 92
MGA Calmar Ratio Rank: 88
MGA Martin Ratio Rank: 90

ALV

ALV Risk / Return Rank: 70
ALV Sharpe Ratio Rank: 75
ALV Sortino Ratio Rank: 70
ALV Omega Ratio Rank: 67
ALV Calmar Ratio Rank: 67
ALV Martin Ratio Rank: 70

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.

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.

	MGA	ALV	Difference
Sharpe ratio: Return per unit of total volatility	2.70	1.16	+1.54
Sortino ratio: Return per unit of downside risk	4.05	1.79	+2.26
Omega ratio: Gain probability vs. loss probability	1.49	1.21	+0.28
Calmar ratio: Return relative to maximum drawdown	4.04	1.41	+2.63
Martin ratio: Return relative to average drawdown	12.19	3.94	+8.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGA vs. ALV - Sharpe Ratio Comparison

The current MGA Sharpe Ratio is 2.70, which is higher than the ALV Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of MGA and ALV, 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

	MGA	ALV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	1.16	+1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	0.21	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.19	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.24	+0.22

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.

Drawdown Indicators

	MGA	ALV	Difference
Max Drawdown Largest 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	-48.57%	-39.27%	-9.30%
Max Drawdown (5Y) Largest decline over 5 years	-66.02%	-39.27%	-26.75%
Max Drawdown (10Y) Largest decline over 10 years	-66.02%	-63.09%	-2.93%
Current Drawdown Current decline from peak	-21.04%	-0.96%	-20.08%
Average Drawdown Average peak-to-trough decline	-21.41%	-20.91%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.78%	7.85%	-0.07%

Volatility

MGA vs. ALV - Volatility Comparison

Magna International Inc. (MGA) has a higher volatility of 10.11% compared to Autoliv, Inc. (ALV) at 9.25%. This indicates that MGA's price experiences larger fluctuations and is considered to be riskier than ALV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MGA	ALV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.11%	9.25%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	28.09%	20.57%	+7.52%
Volatility (1Y) Calculated over the trailing 1-year period	35.18%	26.68%	+8.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.64%	31.99%	+3.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.45%	33.89%	+1.56%

Dividends

MGA vs. ALV - Dividend Comparison

MGA's dividend yield for the trailing twelve months is around 2.88%, more than ALV's 2.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALV Autoliv, Inc.	2.65%	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.	2.88%	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 - Profitability Comparison

The chart below illustrates the profitability comparison between Magna International Inc. and Autoliv, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MGA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 Jun 2026, Autoliv, Inc. reported a gross profit of 526.00M and revenue of 2.75B. Therefore, the gross margin over that period was 19.1%.

MGA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 Jun 2026, Autoliv, Inc. reported an operating income of 237.00M and revenue of 2.75B, resulting in an operating margin of 8.6%.

MGA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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 Jun 2026, Autoliv, Inc. reported a net income of 142.00M and revenue of 2.75B, resulting in a net margin of 5.2%.

Frequently Asked Questions

Can I hold both MGA and ALV in my portfolio?

MGA and ALV have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MGA or ALV?

MGA has higher volatility (10.11%) compared to ALV (9.25%). In terms of maximum drawdown, MGA dropped -79.01% vs ALV's -79.72%.

Which has better risk-adjusted returns?

MGA currently has the higher Sharpe Ratio (2.70 vs 1.16), 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.