MGIC vs. ^SP500TR

Last updated Apr 2, 2026

Compare and contrast key facts about Magic Software Enterprises Ltd (MGIC) and S&P 500 Total Return (^SP500TR).

Performance

MGIC vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Magic Software Enterprises Ltd (MGIC) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

MGIC vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MGIC Magic Software Enterprises Ltd	-32.50%	123.97%	29.28%	-36.46%	-21.27%	37.01%	63.06%	32.73%	-5.91%	29.18%
^SP500TR S&P 500 Total Return	-3.64%	17.88%	25.02%	26.29%	-18.11%	28.71%	18.40%	31.49%	-4.38%	21.83%

Returns By Period

In the year-to-date period, MGIC achieves a -32.50% return, which is significantly lower than ^SP500TR's -3.64% return. Over the past 10 years, MGIC has underperformed ^SP500TR with an annualized return of 13.43%, while ^SP500TR has yielded a comparatively higher 14.17% annualized return.

MGIC

• 1D: 0.00%
• 1M: 0.00%
• YTD: -32.50%
• 6M: -12.65%
• 1Y: 36.94%
• 3Y*: 13.44%
• 5Y*: 5.67%
• 10Y*: 13.43%

^SP500TR

• 1D: 0.72%
• 1M: -4.34%
• YTD: -3.64%
• 6M: -1.43%
• 1Y: 18.20%
• 3Y*: 18.60%
• 5Y*: 11.96%
• 10Y*: 14.17%

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

Return for Risk

MGIC vs. ^SP500TR — Risk / Return Rank

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

MGIC

MGIC Risk / Return Rank: 65
MGIC Sharpe Ratio Rank: 68
MGIC Sortino Ratio Rank: 61
MGIC Omega Ratio Rank: 66
MGIC Calmar Ratio Rank: 63
MGIC Martin Ratio Rank: 65

^SP500TR

^SP500TR Risk / Return Rank: 72
^SP500TR Sharpe Ratio Rank: 66
^SP500TR Sortino Ratio Rank: 69
^SP500TR Omega Ratio Rank: 74
^SP500TR Calmar Ratio Rank: 67
^SP500TR Martin Ratio Rank: 83

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.

MGIC vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Magic Software Enterprises Ltd (MGIC) and S&P 500 Total Return (^SP500TR). 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.

	MGIC	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	0.81	1.00	-0.19
Sortino ratio Return per unit of downside risk	1.23	1.52	-0.29
Omega ratio Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio Return relative to maximum drawdown	1.07	1.54	-0.47
Martin ratio Return relative to average drawdown	2.77	7.32	-4.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGIC vs. ^SP500TR - Sharpe Ratio Comparison

The current MGIC Sharpe Ratio is 0.81, which is comparable to the ^SP500TR Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of MGIC and ^SP500TR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MGIC	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	1.00	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.71	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.79	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.62	-0.48

Correlation

The correlation between MGIC and ^SP500TR is 0.23, 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.

Drawdowns

MGIC vs. ^SP500TR - Drawdown Comparison

The maximum MGIC drawdown since its inception was -97.62%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for MGIC and ^SP500TR.

Drawdown Indicators

	MGIC	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-97.62%	-55.25%	-42.37%
Max Drawdown (1Y) Largest decline over 1 year	-37.32%	-12.12%	-25.20%
Max Drawdown (5Y) Largest decline over 5 years	-63.94%	-24.49%	-39.45%
Max Drawdown (10Y) Largest decline over 10 years	-63.94%	-33.79%	-30.15%
Current Drawdown Current decline from peak	-37.21%	-5.55%	-31.66%
Average Drawdown Average peak-to-trough decline	-58.08%	-8.20%	-49.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.44%	2.55%	+11.89%

Volatility

MGIC vs. ^SP500TR - Volatility Comparison

The current volatility for Magic Software Enterprises Ltd (MGIC) is 0.00%, while S&P 500 Total Return (^SP500TR) has a volatility of 5.38%. This indicates that MGIC experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MGIC	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	5.38%	-5.38%
Volatility (6M) Calculated over the trailing 6-month period	39.40%	9.55%	+29.85%
Volatility (1Y) Calculated over the trailing 1-year period	46.14%	18.32%	+27.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.31%	16.90%	+21.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.39%	18.05%	+17.34%