MTG vs. COOP

Last updated Jun 4, 2026

MTG (MGIC Investment Corporation) and COOP (Mr. Cooper Group Inc.) are both stocks. Both are in the Financial Services sector — MTG in Insurance - Specialty, COOP in Mortgage Finance. At a 0.31 correlation, their price movements are largely independent.

Performance

MTG vs. COOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MGIC Investment Corporation (MTG) and Mr. Cooper Group Inc. (COOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MTG

• 1D: -0.12%
• 1M: -4.46%
• YTD: -13.95%
• 6M: -11.09%
• 1Y: -3.96%
• 3Y*: 19.58%
• 5Y*: 13.73%
• 10Y*: 15.66%

COOP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MTG vs. COOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MTG MGIC Investment Corporation	-13.95%	25.88%	25.68%	52.41%	-7.50%	17.19%	-9.20%	36.71%	-25.87%	38.47%
COOP Mr. Cooper Group Inc.	0.00%	121.64%	47.44%	62.27%	-3.56%	34.10%	148.04%	7.20%	14.53%	-45.22%

Correlation

The correlation between MTG and COOP is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Mar 29, 2012	0.31

The correlation between MTG and COOP shifts across timeframes, from 0.27 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MTG : $5.42B COOP : $13.72B
EPS MTG : $3.15 COOP : $8.76
PE Ratio MTG : 7.90 COOP : 24.07
PEG Ratio MTG : 0.51 COOP : 0.24
PS Ratio MTG : 4.71 COOP : 6.00
PB Ratio MTG : 1.08 COOP : 2.69
Total Revenue (TTM) MTG : $1.20B COOP : $2.29B
Gross Profit (TTM) MTG : $864.52M COOP : $1.68B
EBITDA (TTM) MTG : $724.82M COOP : $852.00M

Return for Risk

MTG vs. COOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MTG

MTG Risk / Return Rank: 31
MTG Sharpe Ratio Rank: 34
MTG Sortino Ratio Rank: 29
MTG Omega Ratio Rank: 28
MTG Calmar Ratio Rank: 32
MTG Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MTG vs. COOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MGIC Investment Corporation (MTG) and Mr. Cooper Group Inc. (COOP). 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.

	MTG	COOP	Difference
Sharpe ratio: Return per unit of total volatility	-0.17	—	—
Sortino ratio: Return per unit of downside risk	-0.06	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.25	—	—
Martin ratio: Return relative to average drawdown	-0.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MTG	COOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.17	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	—	—

Drawdowns

Drawdown Indicators

	MTG	COOP	Difference
Max Drawdown Largest peak-to-trough decline	-98.86%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.14%	—	—
Current Drawdown Current decline from peak	-60.40%	—	—
Average Drawdown Average peak-to-trough decline	-52.50%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.69%	—	—

Volatility

Volatility by Period

	MTG	COOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.78%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.37%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.40%	—	—

Dividends

MTG vs. COOP - Dividend Comparison

MTG's dividend yield for the trailing twelve months is around 2.41%, more than COOP's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
COOP Mr. Cooper Group Inc.	0.95%	0.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MTG MGIC Investment Corporation	2.41%	1.92%	2.07%	2.23%	2.77%	1.94%	1.91%	0.85%

Financials

MTG vs. COOP - Profitability Comparison

The chart below illustrates the profitability comparison between MGIC Investment Corporation and Mr. Cooper Group Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MTG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MGIC Investment Corporation reported a gross profit of 0.00 and revenue of 297.08M. Therefore, the gross margin over that period was 0.0%.

COOP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mr. Cooper Group Inc. reported a gross profit of 417.00M and revenue of 608.00M. Therefore, the gross margin over that period was 68.6%.

MTG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MGIC Investment Corporation reported an operating income of 0.00 and revenue of 297.08M, resulting in an operating margin of 0.0%.

COOP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mr. Cooper Group Inc. reported an operating income of 293.00M and revenue of 608.00M, resulting in an operating margin of 48.2%.

MTG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MGIC Investment Corporation reported a net income of 165.30M and revenue of 297.08M, resulting in a net margin of 55.6%.

COOP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mr. Cooper Group Inc. reported a net income of 198.00M and revenue of 608.00M, resulting in a net margin of 32.6%.

Frequently Asked Questions

Can I hold both MTG and COOP in my portfolio?

MTG and COOP have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.