MSGE vs. FTAIN
MSGE (Madison Square Garden Entertainment Corp.) and FTAIN (Fortress Transportation and Preferred Series C) are both stocks. MSGE operates in Entertainment (Communication Services), while FTAIN operates in Rental & Leasing Services (Industrials). Over the past 3 years, MSGE returned 25.35%/yr vs 11.74%/yr for FTAIN. At a 0.06 correlation, their price movements are largely independent.
Performance
MSGE vs. FTAIN - Performance Comparison
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Returns By Period
In the year-to-date period, MSGE achieves a 36.37% return, which is significantly higher than FTAIN's 2.52% return.
MSGE
- 1D
- -1.05%
- 1M
- 10.98%
- YTD
- 36.37%
- 6M
- 34.30%
- 1Y
- 99.54%
- 3Y*
- 25.35%
- 5Y*
- —
- 10Y*
- —
FTAIN
- 1D
- 0.04%
- 1M
- 0.38%
- YTD
- 2.52%
- 6M
- 2.52%
- 1Y
- 7.72%
- 3Y*
- 11.74%
- 5Y*
- 6.88%
- 10Y*
- —
MSGE vs. FTAIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MSGE Madison Square Garden Entertainment Corp. | 36.37% | 51.38% | 11.98% | -9.17% |
FTAIN Fortress Transportation and Preferred Series C | 2.52% | 4.26% | 18.15% | 15.59% |
Correlation
The correlation between MSGE and FTAIN is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.06 |
Fundamentals
MSGE:
$2.64B
FTAIN:
$2.61B
MSGE:
$0.95
FTAIN:
$5.13
MSGE:
77.68
FTAIN:
4.87
MSGE:
0.13
FTAIN:
0.00
MSGE:
2.84
FTAIN:
0.91
MSGE:
1.17
FTAIN:
6.04
MSGE:
$1.16B
FTAIN:
$2.84B
MSGE:
$364.47M
FTAIN:
$922.62M
MSGE:
$230.81M
FTAIN:
$992.07M
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Return for Risk
MSGE vs. FTAIN — Risk / Return Rank
MSGE
FTAIN
MSGE vs. FTAIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Square Garden Entertainment Corp. (MSGE) and Fortress Transportation and Preferred Series C (FTAIN). 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.
| MSGE | FTAIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.62 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.33 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 7.45 | 4.67 | +2.79 |
| Martin ratioReturn relative to average drawdown | 19.91 | 16.81 | +3.10 |
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Drawdowns
MSGE vs. FTAIN - Drawdown Comparison
The maximum MSGE drawdown since its inception was -33.94%, which is greater than FTAIN's maximum drawdown of -32.02%. Use the drawdown chart below to compare losses from any high point for MSGE and FTAIN.
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Drawdown Indicators
| MSGE | FTAIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -32.02% | -1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -13.43% | -1.66% | -11.77% |
Max Drawdown (3Y)Largest decline over 3 years | -33.94% | -8.42% | -25.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.02% | — |
Current DrawdownCurrent decline from peak | -1.05% | 0.00% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -11.10% | -4.50% | -6.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.02% | 0.47% | +4.55% |
Volatility
MSGE vs. FTAIN - Volatility Comparison
Madison Square Garden Entertainment Corp. (MSGE) has a higher volatility of 5.35% compared to Fortress Transportation and Preferred Series C (FTAIN) at 0.27%. This indicates that MSGE's price experiences larger fluctuations and is considered to be riskier than FTAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSGE | FTAIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 0.27% | +5.08% |
Volatility (6M)Calculated over the trailing 6-month period | 18.99% | 2.37% | +16.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.96% | 4.79% | +26.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.42% | 18.69% | +17.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.42% | 18.39% | +18.03% |
Dividends
MSGE vs. FTAIN - Dividend Comparison
MSGE has not paid dividends to shareholders, while FTAIN's dividend yield for the trailing twelve months is around 8.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FTAIN Fortress Transportation and Preferred Series C | 8.25% | 8.12% | 7.81% | 8.52% | 10.58% | 5.56% |
MSGE Madison Square Garden Entertainment Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MSGE vs. FTAIN - Financials Comparison
This section allows you to compare key financial metrics between Madison Square Garden Entertainment Corp. and Fortress Transportation and Preferred Series C. 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
MSGE vs. FTAIN - Profitability Comparison
MSGE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Madison Square Garden Entertainment Corp. reported a gross profit of 0.00 and revenue of 386.41M. Therefore, the gross margin over that period was 0.0%.
FTAIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Preferred Series C reported a gross profit of 306.43M and revenue of 830.70M. Therefore, the gross margin over that period was 36.9%.
MSGE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Madison Square Garden Entertainment Corp. reported an operating income of 7.20M and revenue of 386.41M, resulting in an operating margin of 1.9%.
FTAIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Preferred Series C reported an operating income of 241.44M and revenue of 830.70M, resulting in an operating margin of 29.1%.
MSGE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Madison Square Garden Entertainment Corp. reported a net income of -1.59M and revenue of 386.41M, resulting in a net margin of -0.4%.
FTAIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortress Transportation and Preferred Series C reported a net income of 134.19M and revenue of 830.70M, resulting in a net margin of 16.2%.
Frequently Asked Questions
MSGE and FTAIN have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSGE has higher volatility (5.35%) compared to FTAIN (0.27%). In terms of maximum drawdown, MSGE dropped -33.94% vs FTAIN's -32.02%.
MSGE currently has the higher Sharpe Ratio (3.23 vs 1.62), 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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