SCMWY vs. MSGE
SCMWY (SwissCom AG) and MSGE (Madison Square Garden Entertainment Corp.) are both stocks. Both are in the Communication Services sector — SCMWY in Telecom Services, MSGE in Entertainment. Over the past 3 years, SCMWY returned 17.36%/yr vs 25.35%/yr for MSGE. At a 0.03 correlation, their price movements are largely independent.
Performance
SCMWY vs. MSGE - Performance Comparison
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Returns By Period
In the year-to-date period, SCMWY achieves a 18.66% return, which is significantly lower than MSGE's 36.37% return.
SCMWY
- 1D
- 1.39%
- 1M
- -4.87%
- YTD
- 18.66%
- 6M
- 23.78%
- 1Y
- 24.06%
- 3Y*
- 17.36%
- 5Y*
- 12.58%
- 10Y*
- 11.65%
MSGE
- 1D
- -1.05%
- 1M
- 10.98%
- YTD
- 36.37%
- 6M
- 34.30%
- 1Y
- 99.54%
- 3Y*
- 25.35%
- 5Y*
- —
- 10Y*
- —
SCMWY vs. MSGE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SCMWY SwissCom AG | 18.66% | 35.49% | 1.05% | -10.51% |
MSGE Madison Square Garden Entertainment Corp. | 36.37% | 51.38% | 11.98% | -9.17% |
Correlation
The correlation between SCMWY and MSGE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2023 | 0.03 |
The correlation between SCMWY and MSGE shifts across timeframes, from 0.03 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SCMWY:
$43.00B
MSGE:
$2.64B
SCMWY:
CHF 2.40
MSGE:
$0.95
SCMWY:
27.55
MSGE:
77.68
SCMWY:
2.30
MSGE:
2.84
SCMWY:
3.08
MSGE:
1.17
SCMWY:
CHF 14.92B
MSGE:
$1.16B
SCMWY:
CHF 10.10B
MSGE:
$364.47M
SCMWY:
CHF 5.60B
MSGE:
$230.81M
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Return for Risk
SCMWY vs. MSGE — Risk / Return Rank
SCMWY
MSGE
SCMWY vs. MSGE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SwissCom AG (SCMWY) and Madison Square Garden Entertainment Corp. (MSGE). 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.
| SCMWY | MSGE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.49 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 7.45 | -5.02 |
| Martin ratioReturn relative to average drawdown | 6.25 | 19.91 | -13.66 |
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Drawdowns
SCMWY vs. MSGE - Drawdown Comparison
The maximum SCMWY drawdown since its inception was -33.75%, roughly equal to the maximum MSGE drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for SCMWY and MSGE.
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Drawdown Indicators
| SCMWY | MSGE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.75% | -33.94% | +0.19% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -13.43% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -16.68% | -33.94% | +17.26% |
Max Drawdown (5Y)Largest decline over 5 years | -26.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -26.82% | — | — |
Current DrawdownCurrent decline from peak | -7.80% | -1.05% | -6.75% |
Average DrawdownAverage peak-to-trough decline | -8.52% | -11.10% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 5.02% | -1.16% |
Volatility
SCMWY vs. MSGE - Volatility Comparison
The current volatility for SwissCom AG (SCMWY) is 4.61%, while Madison Square Garden Entertainment Corp. (MSGE) has a volatility of 5.35%. This indicates that SCMWY experiences smaller price fluctuations and is considered to be less risky than MSGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCMWY | MSGE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 5.35% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 13.90% | 18.99% | -5.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.66% | 30.96% | -12.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.52% | 36.42% | -18.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.35% | 36.42% | -19.07% |
Dividends
SCMWY vs. MSGE - Dividend Comparison
SCMWY's dividend yield for the trailing twelve months is around 4.07%, while MSGE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSGE Madison Square Garden Entertainment Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCMWY SwissCom AG | 4.07% | 3.44% | 8.77% | 3.99% | 4.30% | 4.38% | 4.28% | 4.13% | 4.91% | 8.30% | 9.75% | 4.60% |
Financials
SCMWY vs. MSGE - Financials Comparison
This section allows you to compare key financial metrics between SwissCom AG and Madison Square Garden Entertainment Corp.. 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
SCMWY vs. MSGE - Profitability Comparison
SCMWY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SwissCom AG reported a gross profit of 1.03B and revenue of 3.69B. Therefore, the gross margin over that period was 28.0%.
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%.
SCMWY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SwissCom AG reported an operating income of 618.49M and revenue of 3.69B, resulting in an operating margin of 16.8%.
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%.
SCMWY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SwissCom AG reported a net income of 339.41M and revenue of 3.69B, resulting in a net margin of 9.2%.
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%.
Frequently Asked Questions
SCMWY and MSGE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSGE has higher volatility (5.35%) compared to SCMWY (4.61%). In terms of maximum drawdown, SCMWY dropped -33.75% vs MSGE's -33.94%.
MSGE currently has the higher Sharpe Ratio (3.23 vs 1.30), 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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