MGEE vs. IVV
Compare and contrast key facts about MGE Energy, Inc. (MGEE) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGEE or IVV.
Correlation
The correlation between MGEE and IVV is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MGEE vs. IVV - Performance Comparison
Key characteristics
MGEE:
0.75
IVV:
0.53
MGEE:
1.20
IVV:
0.87
MGEE:
1.15
IVV:
1.13
MGEE:
0.84
IVV:
0.55
MGEE:
1.79
IVV:
2.27
MGEE:
9.58%
IVV:
4.56%
MGEE:
23.07%
IVV:
19.37%
MGEE:
-38.18%
IVV:
-55.25%
MGEE:
-16.16%
IVV:
-9.90%
Returns By Period
In the year-to-date period, MGEE achieves a -3.90% return, which is significantly higher than IVV's -5.74% return. Over the past 10 years, MGEE has underperformed IVV with an annualized return of 9.81%, while IVV has yielded a comparatively higher 12.05% annualized return.
MGEE
-3.90%
-1.26%
0.01%
16.44%
8.40%
9.81%
IVV
-5.74%
-3.19%
-4.30%
10.85%
16.03%
12.05%
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Risk-Adjusted Performance
MGEE vs. IVV — Risk-Adjusted Performance Rank
MGEE
IVV
MGEE vs. IVV - Risk-Adjusted Performance 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.
Dividends
MGEE vs. IVV - Dividend Comparison
MGEE's dividend yield for the trailing twelve months is around 1.98%, more than IVV's 1.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IVV iShares Core S&P 500 ETF | 1.40% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
MGEE vs. IVV - Drawdown Comparison
The maximum MGEE drawdown since its inception was -38.18%, 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. For additional features, visit the drawdowns tool.
Volatility
MGEE vs. IVV - Volatility Comparison
The current volatility for MGE Energy, Inc. (MGEE) is 6.57%, while iShares Core S&P 500 ETF (IVV) has a volatility of 14.25%. This indicates that MGEE experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.