MGIC vs. VOO
Compare and contrast key facts about Magic Software Enterprises Ltd (MGIC) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGIC or VOO.
Correlation
The correlation between MGIC and VOO is 0.37, 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.
Performance
MGIC vs. VOO - Performance Comparison
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Key characteristics
MGIC:
0.84
VOO:
0.74
MGIC:
1.38
VOO:
1.15
MGIC:
1.16
VOO:
1.17
MGIC:
0.53
VOO:
0.77
MGIC:
2.72
VOO:
2.94
MGIC:
11.25%
VOO:
4.87%
MGIC:
36.96%
VOO:
19.40%
MGIC:
-97.62%
VOO:
-33.99%
MGIC:
-29.22%
VOO:
-3.97%
Returns By Period
In the year-to-date period, MGIC achieves a 29.58% return, which is significantly higher than VOO's 0.46% return. Both investments have delivered pretty close results over the past 10 years, with MGIC having a 12.44% annualized return and VOO not far ahead at 12.74%.
MGIC
29.58%
18.81%
42.86%
30.80%
15.05%
12.44%
VOO
0.46%
9.97%
-1.04%
14.18%
17.41%
12.74%
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Risk-Adjusted Performance
MGIC vs. VOO — Risk-Adjusted Performance Rank
MGIC
VOO
MGIC vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Magic Software Enterprises Ltd (MGIC) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
MGIC vs. VOO - Dividend Comparison
MGIC's dividend yield for the trailing twelve months is around 5.05%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGIC Magic Software Enterprises Ltd | 5.05% | 3.66% | 6.47% | 3.16% | 2.12% | 1.63% | 3.13% | 3.74% | 2.57% | 2.62% | 3.18% | 4.97% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MGIC vs. VOO - Drawdown Comparison
The maximum MGIC drawdown since its inception was -97.62%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MGIC and VOO. For additional features, visit the drawdowns tool.
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Volatility
MGIC vs. VOO - Volatility Comparison
Magic Software Enterprises Ltd (MGIC) has a higher volatility of 9.75% compared to Vanguard S&P 500 ETF (VOO) at 6.22%. This indicates that MGIC's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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