MGEE vs. IVV
MGEE (MGE Energy, Inc.) is a stock, while IVV (iShares Core S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, MGEE returned 5.68%/yr vs 15.11%/yr for IVV. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
MGEE vs. IVV - Performance Comparison
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Returns By Period
In the year-to-date period, MGEE achieves a 2.65% return, which is significantly lower than IVV's 10.13% return. Over the past 10 years, MGEE has underperformed IVV with an annualized return of 5.68%, while IVV has yielded a comparatively higher 15.11% annualized return.
MGEE
- 1D
- 0.04%
- 1M
- -5.58%
- 6M
- 0.77%
- YTD
- 2.65%
- 1Y
- -3.04%
- 3Y*
- 2.30%
- 5Y*
- 2.57%
- 10Y*
- 5.68%
- ALL TIME*
- 10.27%
IVV
- 1D
- 0.69%
- 1M
- 0.25%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.55%
- 3Y*
- 19.40%
- 5Y*
- 12.82%
- 10Y*
- 15.11%
- ALL TIME*
- 8.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.36B | $3.31B | $5.91B | |
MGEE MGE Energy, Inc. | $16.16M | $16.12M | $24.64M |
MGEE vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGEE MGE Energy, Inc. | 2.65% | -14.75% | 32.80% | 5.10% | -12.57% | 19.90% | -9.30% | 34.04% | -2.90% | -1.48% |
IVV iShares Core S&P 500 ETF | 10.13% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between MGEE and IVV is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 19, 2000 | 0.46 |
The correlation between MGEE and IVV shifts across timeframes, from -0.01 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MGEE vs. IVV — Risk / Return Rank
MGEE
IVV
MGEE vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MGE Energy, Inc. (MGEE) and iShares Core S&P 500 ETF (IVV). 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.
| MGEE | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -2.25 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.27 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 2.21 | -2.48 |
| Martin ratioReturn relative to average drawdown | -0.53 | 9.43 | -9.96 |
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Drawdowns
MGEE vs. IVV - Drawdown Comparison
The maximum MGEE drawdown since its inception was -33.91%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for MGEE and IVV.
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Drawdown Indicators
| MGEE | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -55.25% | +21.34% |
Max Drawdown (1Y)Largest decline over 1 year | -16.00% | -8.89% | -7.11% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -18.75% | -12.13% |
Max Drawdown (5Y)Largest decline over 5 years | -30.88% | -24.53% | -6.35% |
Max Drawdown (10Y)Largest decline over 10 years | -33.91% | -33.90% | -0.01% |
Current DrawdownCurrent decline from peak | -23.65% | -1.41% | -22.24% |
Average DrawdownAverage peak-to-trough decline | -7.70% | -10.72% | +3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 2.09% | +5.72% |
Volatility
MGEE vs. IVV - Volatility Comparison
MGE Energy, Inc. (MGEE) has a higher volatility of 6.45% compared to iShares Core S&P 500 ETF (IVV) at 3.52%. This indicates that MGEE's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGEE | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 3.52% | +2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 17.08% | 10.18% | +6.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.03% | 12.89% | +8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.37% | 17.01% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.49% | 18.06% | +9.43% |
Dividends
MGEE vs. IVV - Dividend Comparison
MGEE's dividend yield for the trailing twelve months is around 2.39%, more than IVV's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.09% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
MGEE MGE Energy, Inc. | 2.39% | 2.36% | 1.87% | 2.31% | 2.26% | 1.84% | 2.06% | 1.75% | 2.20% | 2.00% | 1.85% | 2.49% |
Frequently Asked Questions
MGEE and IVV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGEE has higher volatility (6.45%) compared to IVV (3.52%). In terms of maximum drawdown, MGEE dropped -33.91% vs IVV's -55.25%.
IVV currently has the higher Sharpe Ratio (1.53 vs -0.20), 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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