MSGE vs. PHIN
MSGE (Madison Square Garden Entertainment Corp.) and PHIN (PHINIA Inc.) are both stocks. MSGE operates in Entertainment (Communication Services), while PHIN operates in Auto Parts (Consumer Cyclical). Over the past year, MSGE returned 99.54% vs 97.99% for PHIN. At a 0.28 correlation, their price movements are largely independent.
Performance
MSGE vs. PHIN - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with MSGE having a 36.37% return and PHIN slightly higher at 36.94%.
MSGE
- 1D
- -1.05%
- 1M
- 10.98%
- YTD
- 36.37%
- 6M
- 34.30%
- 1Y
- 99.54%
- 3Y*
- 25.35%
- 5Y*
- —
- 10Y*
- —
PHIN
- 1D
- 4.09%
- 1M
- 8.11%
- YTD
- 36.94%
- 6M
- 48.25%
- 1Y
- 97.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSGE vs. PHIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MSGE Madison Square Garden Entertainment Corp. | 36.37% | 51.38% | 11.98% | -2.27% |
PHIN PHINIA Inc. | 36.94% | 32.99% | 62.69% | 2.87% |
Correlation
The correlation between MSGE and PHIN is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2023 | 0.28 |
Fundamentals
MSGE:
$2.64B
PHIN:
$3.30B
MSGE:
$0.95
PHIN:
$3.58
MSGE:
77.68
PHIN:
23.80
MSGE:
0.13
PHIN:
1.28
MSGE:
2.84
PHIN:
0.94
MSGE:
1.17
PHIN:
2.13
MSGE:
$1.16B
PHIN:
$3.57B
MSGE:
$364.47M
PHIN:
$763.00M
MSGE:
$230.81M
PHIN:
$374.00M
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
MSGE vs. PHIN — Risk / Return Rank
MSGE
PHIN
MSGE vs. PHIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Square Garden Entertainment Corp. (MSGE) and PHINIA Inc. (PHIN). 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 | PHIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.50 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 7.45 | 4.84 | +2.62 |
| Martin ratioReturn relative to average drawdown | 19.91 | 13.57 | +6.34 |
Loading charts...
Drawdowns
MSGE vs. PHIN - Drawdown Comparison
The maximum MSGE drawdown since its inception was -33.94%, roughly equal to the maximum PHIN drawdown of -34.71%. Use the drawdown chart below to compare losses from any high point for MSGE and PHIN.
Loading charts...
Drawdown Indicators
| MSGE | PHIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -34.71% | +0.77% |
Max Drawdown (1Y)Largest decline over 1 year | -13.43% | -20.37% | +6.94% |
Max Drawdown (3Y)Largest decline over 3 years | -33.94% | — | — |
Current DrawdownCurrent decline from peak | -1.05% | 0.00% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -11.10% | -12.11% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.02% | 7.26% | -2.24% |
Volatility
MSGE vs. PHIN - Volatility Comparison
The current volatility for Madison Square Garden Entertainment Corp. (MSGE) is 5.35%, while PHINIA Inc. (PHIN) has a volatility of 11.75%. This indicates that MSGE experiences smaller price fluctuations and is considered to be less risky than PHIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MSGE | PHIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 11.75% | -6.40% |
Volatility (6M)Calculated over the trailing 6-month period | 18.99% | 23.16% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.96% | 29.92% | +1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.42% | 42.61% | -6.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.42% | 42.61% | -6.19% |
Dividends
MSGE vs. PHIN - Dividend Comparison
MSGE has not paid dividends to shareholders, while PHIN's dividend yield for the trailing twelve months is around 1.34%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MSGE Madison Square Garden Entertainment Corp. | 0.00% | 0.00% | 0.00% | 0.00% |
PHIN PHINIA Inc. | 1.34% | 1.72% | 2.08% | 1.65% |
Financials
MSGE vs. PHIN - Financials Comparison
This section allows you to compare key financial metrics between Madison Square Garden Entertainment Corp. and PHINIA Inc.. 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. PHIN - 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%.
PHIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PHINIA Inc. reported a gross profit of 188.00M and revenue of 878.00M. Therefore, the gross margin over that period was 21.4%.
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%.
PHIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PHINIA Inc. reported an operating income of 69.00M and revenue of 878.00M, resulting in an operating margin of 7.9%.
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%.
PHIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PHINIA Inc. reported a net income of 37.00M and revenue of 878.00M, resulting in a net margin of 4.2%.
Frequently Asked Questions
MSGE and PHIN have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PHIN has higher volatility (11.75%) compared to MSGE (5.35%). In terms of maximum drawdown, MSGE dropped -33.94% vs PHIN's -34.71%.
PHIN currently has the higher Sharpe Ratio (3.29 vs 3.23), 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 MSGE and PHIN
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