MTG vs. SEZL

Last updated Jun 4, 2026

MTG (MGIC Investment Corporation) and SEZL (Sezzle Inc. Common Stock) are both stocks. Both are in the Financial Services sector — MTG in Insurance - Specialty, SEZL in Credit Services. Over the past year, MTG returned -3.96% vs -0.76% for SEZL. At a 0.21 correlation, their price movements are largely independent.

Performance

MTG vs. SEZL - Performance Comparison

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

Returns By Period

In the year-to-date period, MTG achieves a -13.95% return, which is significantly lower than SEZL's 78.32% return.

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%

SEZL

• 1D: -4.42%
• 1M: 31.68%
• YTD: 78.32%
• 6M: 75.65%
• 1Y: -0.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MTG vs. SEZL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MTG MGIC Investment Corporation	-13.95%	25.88%	25.68%	12.76%
SEZL Sezzle Inc. Common Stock	78.32%	48.89%	1,146.59%	-74.69%

Correlation

The correlation between MTG and SEZL is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Aug 18, 2023	0.21

Fundamentals

Market Cap MTG : $5.42B SEZL : $3.95B
EPS MTG : $3.15 SEZL : $4.15
PE Ratio MTG : 7.90 SEZL : 27.30
PEG Ratio MTG : 0.51 SEZL : 0.05
PS Ratio MTG : 4.71 SEZL : 8.42
PB Ratio MTG : 1.08 SEZL : 20.10
Total Revenue (TTM) MTG : $1.20B SEZL : $480.91M
Gross Profit (TTM) MTG : $864.52M SEZL : $426.79M
EBITDA (TTM) MTG : $724.82M SEZL : $193.18M

Return for Risk

MTG vs. SEZL — 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

SEZL

SEZL Risk / Return Rank: 42
SEZL Sharpe Ratio Rank: 40
SEZL Sortino Ratio Rank: 45
SEZL Omega Ratio Rank: 45
SEZL Calmar Ratio Rank: 40
SEZL Martin Ratio Rank: 39

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. SEZL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MGIC Investment Corporation (MTG) and Sezzle Inc. Common Stock (SEZL). 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	SEZL	Difference
Sharpe ratio: Return per unit of total volatility	-0.17	-0.01	-0.16
Sortino ratio: Return per unit of downside risk	-0.06	0.64	-0.70
Omega ratio: Gain probability vs. loss probability	0.99	1.08	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.25	-0.01	-0.24
Martin ratio: Return relative to average drawdown	-0.52	-0.01	-0.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MTG vs. SEZL - Sharpe Ratio Comparison

The current MTG Sharpe Ratio is -0.17, which is lower than the SEZL Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of MTG and SEZL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MTG	SEZL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.17	-0.01	-0.16
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	0.85	-0.77

Drawdowns

MTG vs. SEZL - Drawdown Comparison

The maximum MTG drawdown since its inception was -98.86%, which is greater than SEZL's maximum drawdown of -89.95%. Use the drawdown chart below to compare losses from any high point for MTG and SEZL.

Drawdown Indicators

	MTG	SEZL	Difference
Max Drawdown Largest peak-to-trough decline	-98.86%	-89.95%	-8.91%
Max Drawdown (1Y) Largest decline over 1 year	-15.79%	-72.02%	+56.23%
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%	-37.86%	-22.54%
Average Drawdown Average peak-to-trough decline	-52.50%	-40.43%	-12.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.69%	53.34%	-45.65%

Volatility

MTG vs. SEZL - Volatility Comparison

The current volatility for MGIC Investment Corporation (MTG) is 4.56%, while Sezzle Inc. Common Stock (SEZL) has a volatility of 21.11%. This indicates that MTG experiences smaller price fluctuations and is considered to be less risky than SEZL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTG	SEZL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	21.11%	-16.55%
Volatility (6M) Calculated over the trailing 6-month period	19.46%	61.86%	-42.40%
Volatility (1Y) Calculated over the trailing 1-year period	23.78%	87.75%	-63.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.37%	135.88%	-110.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.40%	135.88%	-98.48%

Dividends

MTG vs. SEZL - Dividend Comparison

MTG's dividend yield for the trailing twelve months is around 2.41%, while SEZL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MTG MGIC Investment Corporation	2.41%	1.92%	2.07%	2.23%	2.77%	1.94%	1.91%	0.85%
SEZL Sezzle Inc. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

MTG vs. SEZL - Profitability Comparison

The chart below illustrates the profitability comparison between MGIC Investment Corporation and Sezzle Inc. Common Stock 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%.

SEZL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sezzle Inc. Common Stock reported a gross profit of 117.02M and revenue of 135.54M. Therefore, the gross margin over that period was 86.3%.

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%.

SEZL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sezzle Inc. Common Stock reported an operating income of 69.04M and revenue of 135.54M, resulting in an operating margin of 50.9%.

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%.

SEZL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sezzle Inc. Common Stock reported a net income of 51.30M and revenue of 135.54M, resulting in a net margin of 37.9%.

Frequently Asked Questions

Can I hold both MTG and SEZL in my portfolio?

MTG and SEZL have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MTG or SEZL?

SEZL has higher volatility (21.11%) compared to MTG (4.56%). In terms of maximum drawdown, MTG dropped -98.86% vs SEZL's -89.95%.

Which has better risk-adjusted returns?

SEZL currently has the higher Sharpe Ratio (-0.01 vs -0.17), 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.