SWVL vs. MGK

Last updated Jun 4, 2026

SWVL (Swvl Holdings Corp) is a stock, while MGK (Vanguard Mega Cap Growth ETF) is Large Cap Growth Equities fund tracking the CRSP US Mega Cap Growth Index. Over the past 3 years, SWVL returned 8.97%/yr vs 26.77%/yr for MGK. At a 0.16 correlation, their price movements are largely independent.

Performance

SWVL vs. MGK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Swvl Holdings Corp (SWVL) and Vanguard Mega Cap Growth ETF (MGK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWVL achieves a -18.95% return, which is significantly lower than MGK's 10.01% return.

SWVL

• 1D: 0.65%
• 1M: -18.52%
• YTD: -18.95%
• 6M: -42.32%
• 1Y: -67.51%
• 3Y*: 8.97%
• 5Y*: —
• 10Y*: —

MGK

• 1D: -1.13%
• 1M: 7.26%
• YTD: 10.01%
• 6M: 9.45%
• 1Y: 30.01%
• 3Y*: 26.77%
• 5Y*: 16.25%
• 10Y*: 19.24%

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

SWVL vs. MGK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SWVL Swvl Holdings Corp	-18.95%	-70.23%	281.39%	-51.14%	-98.54%
MGK Vanguard Mega Cap Growth ETF	10.01%	20.67%	32.94%	51.67%	-26.51%

Correlation

The correlation between SWVL and MGK 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	0.14
Correlation (All Time) Calculated using the full available price history since Apr 1, 2022	0.16

Return for Risk

SWVL vs. MGK — Risk / Return Rank

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

SWVL

SWVL Risk / Return Rank: 6
SWVL Sharpe Ratio Rank: 7
SWVL Sortino Ratio Rank: 5
SWVL Omega Ratio Rank: 7
SWVL Calmar Ratio Rank: 4
SWVL Martin Ratio Rank: 8

MGK

MGK Risk / Return Rank: 45
MGK Sharpe Ratio Rank: 53
MGK Sortino Ratio Rank: 50
MGK Omega Ratio Rank: 50
MGK Calmar Ratio Rank: 35
MGK Martin Ratio Rank: 38

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.

SWVL vs. MGK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Swvl Holdings Corp (SWVL) and Vanguard Mega Cap Growth ETF (MGK). 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.

	SWVL	MGK	Difference
Sharpe ratio Return per unit of total volatility	-0.89	1.86	-2.75
Sortino ratio Return per unit of downside risk	-1.54	2.53	-4.07
Omega ratio Gain probability vs. loss probability	0.83	1.32	-0.49
Calmar ratio Return relative to maximum drawdown	-0.93	1.79	-2.72
Martin ratio Return relative to average drawdown	-1.40	6.15	-7.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWVL vs. MGK - Sharpe Ratio Comparison

The current SWVL Sharpe Ratio is -0.89, which is lower than the MGK Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of SWVL and MGK, 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

	SWVL	MGK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	1.86	-2.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	0.66	-1.16

Drawdowns

SWVL vs. MGK - Drawdown Comparison

The maximum SWVL drawdown since its inception was -99.72%, which is greater than MGK's maximum drawdown of -47.97%. Use the drawdown chart below to compare losses from any high point for SWVL and MGK.

Drawdown Indicators

	SWVL	MGK	Difference
Max Drawdown Largest peak-to-trough decline	-99.72%	-47.97%	-51.75%
Max Drawdown (1Y) Largest decline over 1 year	-72.44%	-16.85%	-55.59%
Max Drawdown (3Y) Largest decline over 3 years	-92.32%	-23.36%	-68.96%
Max Drawdown (5Y) Largest decline over 5 years	—	-36.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.01%	—
Current Drawdown Current decline from peak	-99.39%	-1.43%	-97.96%
Average Drawdown Average peak-to-trough decline	-93.71%	-7.47%	-86.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.20%	4.89%	+43.31%

Volatility

SWVL vs. MGK - Volatility Comparison

Swvl Holdings Corp (SWVL) has a higher volatility of 20.98% compared to Vanguard Mega Cap Growth ETF (MGK) at 4.01%. This indicates that SWVL's price experiences larger fluctuations and is considered to be riskier than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWVL	MGK	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.98%	4.01%	+16.97%
Volatility (6M) Calculated over the trailing 6-month period	63.59%	12.37%	+51.22%
Volatility (1Y) Calculated over the trailing 1-year period	75.89%	16.23%	+59.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.90%	22.63%	+117.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.90%	21.88%	+118.02%

Dividends

SWVL vs. MGK - Dividend Comparison

SWVL has not paid dividends to shareholders, while MGK's dividend yield for the trailing twelve months is around 0.32%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MGK Vanguard Mega Cap Growth ETF	0.32%	0.35%	0.43%	0.50%	0.70%	0.41%	0.65%	0.85%	1.12%	1.23%	1.53%	1.43%
SWVL Swvl Holdings 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%

Frequently Asked Questions

Can I hold both SWVL and MGK in my portfolio?

SWVL and MGK 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.

Which is riskier, SWVL or MGK?

SWVL has higher volatility (20.98%) compared to MGK (4.01%). In terms of maximum drawdown, SWVL dropped -99.72% vs MGK's -47.97%.

Which has better risk-adjusted returns?

MGK currently has the higher Sharpe Ratio (1.86 vs -0.89), 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.