PGRE vs. MGV

Last updated Jun 5, 2026

PGRE (Paramount Group, Inc.) is a stock, while MGV (Vanguard Mega Cap Value ETF) is Large Cap Value Equities fund tracking the CRSP US Mega Cap Value Index. At a 0.49 correlation, their price movements are largely independent.

Performance

PGRE vs. MGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Paramount Group, Inc. (PGRE) and Vanguard Mega Cap Value ETF (MGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PGRE

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

MGV

• 1D: 0.77%
• 1M: 4.80%
• YTD: 14.01%
• 6M: 14.90%
• 1Y: 28.63%
• 3Y*: 19.33%
• 5Y*: 12.10%
• 10Y*: 12.84%

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

PGRE vs. MGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PGRE Paramount Group, Inc.	0.00%	33.60%	-2.94%	-9.45%	-25.64%	-4.95%	-31.98%	14.13%	-18.48%	1.50%
MGV Vanguard Mega Cap Value ETF	14.01%	15.45%	16.94%	9.16%	-1.22%	25.93%	2.50%	25.54%	-4.13%	16.85%

Correlation

The correlation between PGRE and MGV is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Nov 20, 2014	0.49

Over the past year, the correlation between PGRE and MGV has dropped to 0.15 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

Return for Risk

PGRE vs. MGV — Risk / Return Rank

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

MGV

MGV Risk / Return Rank: 87
MGV Sharpe Ratio Rank: 88
MGV Sortino Ratio Rank: 90
MGV Omega Ratio Rank: 87
MGV Calmar Ratio Rank: 84
MGV Martin Ratio Rank: 84

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.

PGRE vs. MGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Paramount Group, Inc. (PGRE) and Vanguard Mega Cap Value ETF (MGV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PGRE	MGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.93	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.48	—

Drawdowns

Drawdown Indicators

	PGRE	MGV	Difference
Max Drawdown Largest peak-to-trough decline	—	-55.87%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.41%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-7.69%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	PGRE	MGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	9.85%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.57%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.33%	—

Dividends

PGRE vs. MGV - Dividend Comparison

PGRE has not paid dividends to shareholders, while MGV's dividend yield for the trailing twelve months is around 1.87%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MGV Vanguard Mega Cap Value ETF	1.87%	2.04%	2.31%	2.48%	2.45%	2.17%	2.47%	2.69%	2.65%	2.34%	2.53%	2.59%
PGRE Paramount Group, Inc.	0.00%	0.00%	1.42%	3.53%	5.22%	3.36%	4.09%	2.87%	3.18%	2.40%	2.38%	2.31%

Frequently Asked Questions

Can I hold both PGRE and MGV in my portfolio?

PGRE and MGV have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.