MGA vs. GOOGL
MGA (Magna International Inc.) and GOOGL (Alphabet Inc. Class A) are both stocks. MGA operates in Auto Parts (Consumer Cyclical), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, MGA returned 9.20%/yr vs 26.10%/yr for GOOGL. At a 0.36 correlation, their price movements are largely independent.
Performance
MGA vs. GOOGL - Performance Comparison
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Returns By Period
In the year-to-date period, MGA achieves a 22.10% return, which is significantly higher than GOOGL's 10.46% return. Over the past 10 years, MGA has underperformed GOOGL with an annualized return of 9.20%, while GOOGL has yielded a comparatively higher 26.10% annualized return.
MGA
- 1D
- -0.62%
- 1M
- -0.79%
- YTD
- 22.10%
- 6M
- 21.01%
- 1Y
- 76.66%
- 3Y*
- 11.58%
- 5Y*
- -3.98%
- 10Y*
- 9.20%
GOOGL
- 1D
- -0.24%
- 1M
- -9.79%
- YTD
- 10.46%
- 6M
- 10.08%
- 1Y
- 107.64%
- 3Y*
- 41.74%
- 5Y*
- 23.25%
- 10Y*
- 26.10%
MGA vs. GOOGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGA Magna International Inc. | 22.10% | 33.72% | -26.29% | 8.76% | -28.04% | 16.57% | 33.41% | 24.30% | -18.40% | 33.69% |
GOOGL Alphabet Inc. Class A | 10.46% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
Correlation
The correlation between MGA and GOOGL is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2004 | 0.36 |
Over the past year, the correlation between MGA and GOOGL has dropped to 0.12 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
Fundamentals
MGA:
$17.82B
GOOGL:
$4.23T
MGA:
$2.39
GOOGL:
$13.11
MGA:
26.80
GOOGL:
26.33
MGA:
6.58
GOOGL:
1.30
MGA:
0.42
GOOGL:
9.98
MGA:
1.49
GOOGL:
8.83
MGA:
$42.34B
GOOGL:
$422.57B
MGA:
$5.32B
GOOGL:
$255.12B
MGA:
$4.08B
GOOGL:
$174.08B
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Return for Risk
MGA vs. GOOGL — Risk / Return Rank
MGA
GOOGL
MGA vs. GOOGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magna International Inc. (MGA) and Alphabet Inc. Class A (GOOGL). 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 | GOOGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.59 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 5.31 | -2.03 |
| Martin ratioReturn relative to average drawdown | 9.84 | 18.11 | -8.27 |
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Drawdowns
MGA vs. GOOGL - Drawdown Comparison
The maximum MGA drawdown since its inception was -79.01%, which is greater than GOOGL's maximum drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for MGA and GOOGL.
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Drawdown Indicators
| MGA | GOOGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.01% | -65.29% | -13.72% |
Max Drawdown (1Y)Largest decline over 1 year | -23.47% | -20.37% | -3.10% |
Max Drawdown (3Y)Largest decline over 3 years | -48.57% | -29.81% | -18.76% |
Max Drawdown (5Y)Largest decline over 5 years | -62.65% | -44.32% | -18.33% |
Max Drawdown (10Y)Largest decline over 10 years | -66.02% | -44.32% | -21.70% |
Current DrawdownCurrent decline from peak | -25.77% | -14.19% | -11.58% |
Average DrawdownAverage peak-to-trough decline | -21.41% | -13.01% | -8.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 5.96% | +1.85% |
Volatility
MGA vs. GOOGL - Volatility Comparison
The current volatility for Magna International Inc. (MGA) is 8.74%, while Alphabet Inc. Class A (GOOGL) has a volatility of 9.48%. This indicates that MGA experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGA | GOOGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.74% | 9.48% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 28.56% | 21.28% | +7.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.35% | 29.64% | +5.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.61% | 31.47% | +4.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.34% | 29.16% | +6.18% |
Dividends
MGA vs. GOOGL - Dividend Comparison
MGA's dividend yield for the trailing twelve months is around 3.06%, more than GOOGL's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.25% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGA Magna International Inc. | 3.06% | 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. GOOGL - Financials Comparison
This section allows you to compare key financial metrics between Magna International Inc. and Alphabet Inc. Class A. 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. GOOGL - Profitability Comparison
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%.
GOOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
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%.
GOOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
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%.
GOOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
MGA and GOOGL have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOGL has higher volatility (9.48%) compared to MGA (8.74%). In terms of maximum drawdown, MGA dropped -79.01% vs GOOGL's -65.29%.
GOOGL currently has the higher Sharpe Ratio (3.65 vs 2.18), 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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