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MGEE vs. GLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MGEE and GLD is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.1

Performance

MGEE vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MGE Energy, Inc. (MGEE) and SPDR Gold Trust (GLD). The values are adjusted to include any dividend payments, if applicable.

400.00%450.00%500.00%550.00%600.00%NovemberDecember2025FebruaryMarchApril
430.38%
586.64%
MGEE
GLD

Key characteristics

Sharpe Ratio

MGEE:

0.75

GLD:

2.49

Sortino Ratio

MGEE:

1.20

GLD:

3.30

Omega Ratio

MGEE:

1.15

GLD:

1.43

Calmar Ratio

MGEE:

0.84

GLD:

5.14

Martin Ratio

MGEE:

1.79

GLD:

14.01

Ulcer Index

MGEE:

9.58%

GLD:

2.98%

Daily Std Dev

MGEE:

23.07%

GLD:

16.80%

Max Drawdown

MGEE:

-38.18%

GLD:

-45.56%

Current Drawdown

MGEE:

-16.16%

GLD:

-3.44%

Returns By Period

In the year-to-date period, MGEE achieves a -3.90% return, which is significantly lower than GLD's 25.85% return. Both investments have delivered pretty close results over the past 10 years, with MGEE having a 9.81% annualized return and GLD not far ahead at 10.13%.


MGEE

YTD

-3.90%

1M

-1.26%

6M

0.01%

1Y

16.44%

5Y*

8.40%

10Y*

9.81%

GLD

YTD

25.85%

1M

9.52%

6M

20.29%

1Y

41.13%

5Y*

13.41%

10Y*

10.13%

*Annualized

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Risk-Adjusted Performance

MGEE vs. GLD — Risk-Adjusted Performance Rank

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

MGEE
The Risk-Adjusted Performance Rank of MGEE is 7474
Overall Rank
The Sharpe Ratio Rank of MGEE is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of MGEE is 7272
Sortino Ratio Rank
The Omega Ratio Rank of MGEE is 6969
Omega Ratio Rank
The Calmar Ratio Rank of MGEE is 8282
Calmar Ratio Rank
The Martin Ratio Rank of MGEE is 7272
Martin Ratio Rank

GLD
The Risk-Adjusted Performance Rank of GLD is 9696
Overall Rank
The Sharpe Ratio Rank of GLD is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of GLD is 9696
Sortino Ratio Rank
The Omega Ratio Rank of GLD is 9595
Omega Ratio Rank
The Calmar Ratio Rank of GLD is 9797
Calmar Ratio Rank
The Martin Ratio Rank of GLD is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MGEE vs. GLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MGE Energy, Inc. (MGEE) and SPDR Gold Trust (GLD). 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.


The chart of Sharpe ratio for MGEE, currently valued at 0.75, compared to the broader market-2.00-1.000.001.002.003.00
MGEE: 0.75
GLD: 2.49
The chart of Sortino ratio for MGEE, currently valued at 1.20, compared to the broader market-6.00-4.00-2.000.002.004.00
MGEE: 1.20
GLD: 3.30
The chart of Omega ratio for MGEE, currently valued at 1.15, compared to the broader market0.501.001.502.00
MGEE: 1.15
GLD: 1.43
The chart of Calmar ratio for MGEE, currently valued at 0.84, compared to the broader market0.001.002.003.004.005.00
MGEE: 0.84
GLD: 5.14
The chart of Martin ratio for MGEE, currently valued at 1.79, compared to the broader market-5.000.005.0010.0015.0020.00
MGEE: 1.79
GLD: 14.01

The current MGEE Sharpe Ratio is 0.75, which is lower than the GLD Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of MGEE and GLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.75
2.49
MGEE
GLD

Dividends

MGEE vs. GLD - Dividend Comparison

MGEE's dividend yield for the trailing twelve months is around 1.98%, while GLD has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
MGEE
MGE Energy, Inc.
1.98%1.87%2.32%2.27%1.85%2.06%1.75%2.20%2.00%1.85%2.49%2.43%
GLD
SPDR Gold Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

MGEE vs. GLD - Drawdown Comparison

The maximum MGEE drawdown since its inception was -38.18%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for MGEE and GLD. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-16.16%
-3.44%
MGEE
GLD

Volatility

MGEE vs. GLD - Volatility Comparison

The current volatility for MGE Energy, Inc. (MGEE) is 6.57%, while SPDR Gold Trust (GLD) has a volatility of 8.30%. This indicates that MGEE experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
6.57%
8.30%
MGEE
GLD