MGY vs. CHRD
MGY (Magnolia Oil & Gas Corporation) and CHRD (Chord Energy Corp) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 5 years, MGY returned 17.19%/yr vs 20.14%/yr for CHRD. A 0.75 correlation means they provide meaningful diversification when combined.
Performance
MGY vs. CHRD - Performance Comparison
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Returns By Period
In the year-to-date period, MGY achieves a 30.37% return, which is significantly lower than CHRD's 54.03% return.
MGY
- 1D
- 0.86%
- 1M
- -8.08%
- YTD
- 30.37%
- 6M
- 21.91%
- 1Y
- 29.63%
- 3Y*
- 15.38%
- 5Y*
- 17.19%
- 10Y*
- —
CHRD
- 1D
- -0.39%
- 1M
- -5.27%
- YTD
- 54.03%
- 6M
- 47.67%
- 1Y
- 58.53%
- 3Y*
- 4.33%
- 5Y*
- 20.14%
- 10Y*
- —
MGY vs. CHRD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MGY Magnolia Oil & Gas Corporation | 30.37% | -3.85% | 12.20% | -7.26% | 26.52% | 168.77% | 17.67% |
CHRD Chord Energy Corp | 54.03% | -16.37% | -24.26% | 31.74% | 34.13% | 260.89% | 19.55% |
Correlation
The correlation between MGY and CHRD is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.75 |
The correlation between MGY and CHRD shifts across timeframes, from 0.75 (all time) to 0.86 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MGY:
$5.17B
CHRD:
$7.95B
MGY:
$1.75
CHRD:
-$1.17
MGY:
3.94
CHRD:
1.50
MGY:
$1.32B
CHRD:
$5.33B
MGY:
$438.05M
CHRD:
$488.13M
MGY:
$846.92M
CHRD:
$1.62B
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Return for Risk
MGY vs. CHRD — Risk / Return Rank
MGY
CHRD
MGY vs. CHRD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magnolia Oil & Gas Corporation (MGY) and Chord Energy Corp (CHRD). 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.
| MGY | CHRD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 2.39 | -0.45 |
| Martin ratioReturn relative to average drawdown | 3.98 | 5.23 | -1.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGY | CHRD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 1.57 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.51 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 1.09 | -0.80 |
Drawdowns
MGY vs. CHRD - Drawdown Comparison
The maximum MGY drawdown since its inception was -77.76%, which is greater than CHRD's maximum drawdown of -53.91%. Use the drawdown chart below to compare losses from any high point for MGY and CHRD.
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Drawdown Indicators
| MGY | CHRD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.76% | -53.91% | -23.85% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -24.58% | +9.24% |
Max Drawdown (3Y)Largest decline over 3 years | -31.48% | -53.91% | +22.43% |
Max Drawdown (5Y)Largest decline over 5 years | -38.14% | -53.91% | +15.77% |
Current DrawdownCurrent decline from peak | -12.34% | -16.44% | +4.10% |
Average DrawdownAverage peak-to-trough decline | -19.94% | -16.55% | -3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.46% | 11.22% | -3.76% |
Volatility
MGY vs. CHRD - Volatility Comparison
The current volatility for Magnolia Oil & Gas Corporation (MGY) is 10.34%, while Chord Energy Corp (CHRD) has a volatility of 11.49%. This indicates that MGY experiences smaller price fluctuations and is considered to be less risky than CHRD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGY | CHRD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.34% | 11.49% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 22.22% | 28.80% | -6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.46% | 37.56% | -7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.80% | 39.53% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.25% | 40.19% | +6.06% |
Dividends
MGY vs. CHRD - Dividend Comparison
MGY's dividend yield for the trailing twelve months is around 2.23%, less than CHRD's 3.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CHRD Chord Energy Corp | 3.71% | 5.61% | 10.13% | 7.15% | 19.76% | 4.46% |
MGY Magnolia Oil & Gas Corporation | 2.23% | 2.74% | 2.22% | 2.16% | 1.71% | 0.42% |
Financials
MGY vs. CHRD - Financials Comparison
This section allows you to compare key financial metrics between Magnolia Oil & Gas Corporation and Chord Energy Corp. 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
MGY vs. CHRD - Profitability Comparison
MGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Magnolia Oil & Gas Corporation reported a gross profit of 0.00 and revenue of 358.51M. Therefore, the gross margin over that period was 0.0%.
CHRD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chord Energy Corp reported a gross profit of 0.00 and revenue of 1.67B. Therefore, the gross margin over that period was 0.0%.
MGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Magnolia Oil & Gas Corporation reported an operating income of 127.76M and revenue of 358.51M, resulting in an operating margin of 35.6%.
CHRD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chord Energy Corp reported an operating income of 333.22M and revenue of 1.67B, resulting in an operating margin of 20.0%.
MGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Magnolia Oil & Gas Corporation reported a net income of 99.83M and revenue of 358.51M, resulting in a net margin of 27.8%.
CHRD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chord Energy Corp reported a net income of 108.61M and revenue of 1.67B, resulting in a net margin of 6.5%.
Frequently Asked Questions
MGY and CHRD have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHRD has higher volatility (11.49%) compared to MGY (10.34%). In terms of maximum drawdown, MGY dropped -77.76% vs CHRD's -53.91%.
CHRD currently has the higher Sharpe Ratio (1.57 vs 0.98), 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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