MGNX vs. AVVIY
MGNX (MacroGenics, Inc.) and AVVIY (Aviva plc) are both stocks. MGNX operates in Biotechnology (Healthcare), while AVVIY operates in Insurance - Diversified (Financial Services). Over the past 10 years, MGNX returned -15.31%/yr vs 11.74%/yr for AVVIY. At a 0.18 correlation, their price movements are largely independent.
Performance
MGNX vs. AVVIY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MGNX achieves a 184.47% return, which is significantly higher than AVVIY's -4.81% return. Over the past 10 years, MGNX has underperformed AVVIY with an annualized return of -15.31%, while AVVIY has yielded a comparatively higher 11.74% annualized return.
MGNX
- 1D
- 10.90%
- 1M
- 1.10%
- YTD
- 184.47%
- 6M
- 188.05%
- 1Y
- 249.62%
- 3Y*
- -7.25%
- 5Y*
- -29.11%
- 10Y*
- -15.31%
AVVIY
- 1D
- 1.66%
- 1M
- 2.15%
- YTD
- -4.81%
- 6M
- -3.68%
- 1Y
- 7.29%
- 3Y*
- 28.91%
- 5Y*
- 15.40%
- 10Y*
- 11.74%
MGNX vs. AVVIY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGNX MacroGenics, Inc. | 184.47% | -50.46% | -66.22% | 43.37% | -58.19% | -29.79% | 110.11% | -14.33% | -33.16% | -7.05% |
AVVIY Aviva plc | -4.81% | 68.92% | 15.67% | 11.24% | 1.54% | 32.48% | -16.80% | 25.30% | -27.72% | 26.16% |
Correlation
The correlation between MGNX and AVVIY is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.18 |
Fundamentals
MGNX:
$290.60M
AVVIY:
$24.74B
MGNX:
-$1.11
AVVIY:
£1.23
MGNX:
1.84
AVVIY:
0.20
MGNX:
13.71
AVVIY:
1.75
MGNX:
$157.08M
AVVIY:
£89.20B
MGNX:
$98.53M
AVVIY:
£90.61B
MGNX:
-$59.93M
AVVIY:
£3.64B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MGNX vs. AVVIY — Risk / Return Rank
MGNX
AVVIY
MGNX vs. AVVIY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MacroGenics, Inc. (MGNX) and Aviva plc (AVVIY). 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.
| MGNX | AVVIY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.40 | ||
| Sortino ratioReturn per unit of downside risk | +3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.08 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 7.36 | 0.53 | +6.83 |
| Martin ratioReturn relative to average drawdown | 16.28 | 1.19 | +15.09 |
Loading charts...
Drawdowns
MGNX vs. AVVIY - Drawdown Comparison
The maximum MGNX drawdown since its inception was -97.36%, which is greater than AVVIY's maximum drawdown of -64.18%. Use the drawdown chart below to compare losses from any high point for MGNX and AVVIY.
Loading charts...
Drawdown Indicators
| MGNX | AVVIY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.36% | -64.18% | -33.18% |
Max Drawdown (1Y)Largest decline over 1 year | -34.16% | -13.90% | -20.26% |
Max Drawdown (3Y)Largest decline over 3 years | -95.06% | -13.94% | -81.12% |
Max Drawdown (5Y)Largest decline over 5 years | -96.31% | -27.88% | -68.43% |
Max Drawdown (10Y)Largest decline over 10 years | -97.02% | -64.18% | -32.84% |
Current DrawdownCurrent decline from peak | -88.61% | -5.87% | -82.74% |
Average DrawdownAverage peak-to-trough decline | -58.45% | -14.37% | -44.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.41% | 6.15% | +9.26% |
Volatility
MGNX vs. AVVIY - Volatility Comparison
MacroGenics, Inc. (MGNX) has a higher volatility of 20.06% compared to Aviva plc (AVVIY) at 5.95%. This indicates that MGNX's price experiences larger fluctuations and is considered to be riskier than AVVIY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MGNX | AVVIY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.06% | 5.95% | +14.11% |
Volatility (6M)Calculated over the trailing 6-month period | 62.19% | 16.91% | +45.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.20% | 22.01% | +70.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.02% | 25.38% | +67.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 115.84% | 29.89% | +85.95% |
Dividends
MGNX vs. AVVIY - Dividend Comparison
MGNX has not paid dividends to shareholders, while AVVIY's dividend yield for the trailing twelve months is around 6.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AVVIY Aviva plc | 6.16% | 5.09% | 7.38% | 7.07% | 5.78% | 5.10% | 3.66% | 6.65% | 7.70% | 7.47% | 4.66% |
MGNX MacroGenics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MGNX vs. AVVIY - Financials Comparison
This section allows you to compare key financial metrics between MacroGenics, Inc. and Aviva plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
MGNX and AVVIY have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGNX has higher volatility (20.06%) compared to AVVIY (5.95%). In terms of maximum drawdown, MGNX dropped -97.36% vs AVVIY's -64.18%.
MGNX currently has the higher Sharpe Ratio (2.73 vs 0.33), 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.
Find the right allocation for MGNX and AVVIY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer