MTZ vs. APG
MTZ (MasTec, Inc.) and APG (APi Group Corporation) are both stocks. Both operate in the Engineering & Construction industry within the Industrials sector. Over the past 5 years, MTZ returned 24.55%/yr vs 22.71%/yr for APG. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
MTZ vs. APG - Performance Comparison
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Returns By Period
In the year-to-date period, MTZ achieves a 66.40% return, which is significantly higher than APG's 10.30% return.
MTZ
- 1D
- -0.60%
- 1M
- -12.69%
- YTD
- 66.40%
- 6M
- 63.98%
- 1Y
- 120.95%
- 3Y*
- 48.70%
- 5Y*
- 24.55%
- 10Y*
- 32.06%
APG
- 1D
- 0.52%
- 1M
- -4.18%
- YTD
- 10.30%
- 6M
- 8.48%
- 1Y
- 29.87%
- 3Y*
- 37.01%
- 5Y*
- 22.71%
- 10Y*
- —
MTZ vs. APG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MTZ MasTec, Inc. | 66.40% | 59.67% | 79.79% | -11.26% | -7.53% | 35.35% | 89.86% |
APG APi Group Corporation | 10.30% | 59.55% | 3.96% | 83.94% | -27.01% | 41.98% | 79.17% |
Correlation
The correlation between MTZ and APG is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2020 | 0.53 |
The correlation between MTZ and APG has been stable across timeframes, ranging from 0.53 to 0.59 - a consistent structural relationship.
Fundamentals
MTZ:
$28.50B
APG:
$18.36B
MTZ:
$5.71
APG:
$0.73
MTZ:
63.34
APG:
57.90
MTZ:
0.60
APG:
0.12
MTZ:
1.87
APG:
2.19
MTZ:
8.61
APG:
5.27
MTZ:
$15.28B
APG:
$8.17B
MTZ:
$1.85B
APG:
$2.57B
MTZ:
$1.10B
APG:
$820.00M
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Return for Risk
MTZ vs. APG — Risk / Return Rank
MTZ
APG
MTZ vs. APG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MasTec, Inc. (MTZ) and APi Group Corporation (APG). 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.
| MTZ | APG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.20 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 7.02 | 1.68 | +5.34 |
| Martin ratioReturn relative to average drawdown | 21.90 | 5.22 | +16.68 |
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
| MTZ | APG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.17 | 1.08 | +2.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.70 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 1.04 | -0.85 |
Drawdowns
MTZ vs. APG - Drawdown Comparison
The maximum MTZ drawdown since its inception was -97.72%, which is greater than APG's maximum drawdown of -49.62%. Use the drawdown chart below to compare losses from any high point for MTZ and APG.
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Drawdown Indicators
| MTZ | APG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.72% | -49.62% | -48.10% |
Max Drawdown (1Y)Largest decline over 1 year | -17.33% | -17.83% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -61.01% | -21.23% | -39.78% |
Max Drawdown (5Y)Largest decline over 5 years | -61.01% | -49.62% | -11.39% |
Max Drawdown (10Y)Largest decline over 10 years | -67.92% | — | — |
Current DrawdownCurrent decline from peak | -17.33% | -14.57% | -2.76% |
Average DrawdownAverage peak-to-trough decline | -51.89% | -10.33% | -41.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.55% | 5.74% | -0.19% |
Volatility
MTZ vs. APG - Volatility Comparison
MasTec, Inc. (MTZ) has a higher volatility of 11.37% compared to APi Group Corporation (APG) at 7.39%. This indicates that MTZ's price experiences larger fluctuations and is considered to be riskier than APG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTZ | APG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.37% | 7.39% | +3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 29.25% | 22.05% | +7.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.48% | 27.89% | +10.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.57% | 32.53% | +10.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.74% | 33.07% | +10.67% |
Dividends
MTZ vs. APG - Dividend Comparison
Neither MTZ nor APG has paid dividends to shareholders.
Financials
MTZ vs. APG - Financials Comparison
This section allows you to compare key financial metrics between MasTec, Inc. and APi Group Corporation. 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
MTZ vs. APG - Profitability Comparison
MTZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MasTec, Inc. reported a gross profit of 477.90M and revenue of 3.83B. Therefore, the gross margin over that period was 12.5%.
APG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, APi Group Corporation reported a gross profit of 620.00M and revenue of 1.98B. Therefore, the gross margin over that period was 31.3%.
MTZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MasTec, Inc. reported an operating income of 141.80M and revenue of 3.83B, resulting in an operating margin of 3.7%.
APG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, APi Group Corporation reported an operating income of 103.00M and revenue of 1.98B, resulting in an operating margin of 5.2%.
MTZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MasTec, Inc. reported a net income of 60.84M and revenue of 3.83B, resulting in a net margin of 1.6%.
APG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, APi Group Corporation reported a net income of 51.00M and revenue of 1.98B, resulting in a net margin of 2.6%.
Frequently Asked Questions
MTZ and APG have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTZ has higher volatility (11.37%) compared to APG (7.39%). In terms of maximum drawdown, MTZ dropped -97.72% vs APG's -49.62%.
MTZ currently has the higher Sharpe Ratio (3.17 vs 1.08), 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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