TTD vs. MGNI

Last updated Jun 3, 2026

TTD (The Trade Desk, Inc.) and MGNI (Magnite, Inc.) are both stocks. TTD operates in Software - Application (Technology), while MGNI operates in Advertising Agencies (Communication Services). Over the past 5 years, TTD returned -17.97%/yr vs -12.45%/yr for MGNI. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

TTD vs. MGNI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Trade Desk, Inc. (TTD) and Magnite, Inc. (MGNI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTD achieves a -44.42% return, which is significantly lower than MGNI's -8.50% return.

TTD

• 1D: -9.13%
• 1M: -12.95%
• YTD: -44.42%
• 6M: -47.18%
• 1Y: -71.78%
• 3Y*: -34.25%
• 5Y*: -17.97%
• 10Y*: —

MGNI

• 1D: -3.45%
• 1M: 8.24%
• YTD: -8.50%
• 6M: 3.12%
• 1Y: -10.97%
• 3Y*: 3.77%
• 5Y*: -12.45%
• 10Y*: 0.12%

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

TTD vs. MGNI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTD The Trade Desk, Inc.	-44.42%	-67.70%	63.33%	60.52%	-51.08%	14.41%	208.34%	123.83%	153.79%	65.27%
MGNI Magnite, Inc.	-8.50%	1.95%	70.45%	-11.80%	-39.49%	-43.02%	276.35%	118.77%	99.47%	-74.80%

Correlation

The correlation between TTD and MGNI is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Sep 22, 2016	0.51

The correlation between TTD and MGNI shifts across timeframes, from 0.35 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TTD : $10.06B MGNI : $2.20B
EPS TTD : $0.89 MGNI : $1.05
PE Ratio TTD : 23.76 MGNI : 14.12
PEG Ratio TTD : 0.31 MGNI : 0.00
PS Ratio TTD : 3.46 MGNI : 3.10
PB Ratio TTD : 4.10 MGNI : 2.40
Total Revenue (TTM) TTD : $2.97B MGNI : $722.55M
Gross Profit (TTM) TTD : $2.31B MGNI : $458.33M
EBITDA (TTM) TTD : $725.01M MGNI : $150.13M

Return for Risk

TTD vs. MGNI — Risk / Return Rank

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

TTD

TTD Risk / Return Rank: 4
TTD Sharpe Ratio Rank: 3
TTD Sortino Ratio Rank: 2
TTD Omega Ratio Rank: 2
TTD Calmar Ratio Rank: 4
TTD Martin Ratio Rank: 10

MGNI

MGNI Risk / Return Rank: 33
MGNI Sharpe Ratio Rank: 32
MGNI Sortino Ratio Rank: 32
MGNI Omega Ratio Rank: 32
MGNI Calmar Ratio Rank: 35
MGNI Martin Ratio Rank: 36

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.

TTD vs. MGNI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Trade Desk, Inc. (TTD) and Magnite, Inc. (MGNI). 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.

	TTD	MGNI	Difference
Sharpe ratio Return per unit of total volatility	-1.12	-0.19	-0.93
Sortino ratio Return per unit of downside risk	-1.92	0.11	-2.03
Omega ratio Gain probability vs. loss probability	0.72	1.01	-0.30
Calmar ratio Return relative to maximum drawdown	-0.93	-0.16	-0.77
Martin ratio Return relative to average drawdown	-1.30	-0.24	-1.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TTD vs. MGNI - Sharpe Ratio Comparison

The current TTD Sharpe Ratio is -1.12, which is lower than the MGNI Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of TTD and MGNI, 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

	TTD	MGNI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.12	-0.19	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	-0.17	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	-0.03	+0.36

Drawdowns

TTD vs. MGNI - Drawdown Comparison

The maximum TTD drawdown since its inception was -85.60%, smaller than the maximum MGNI drawdown of -93.30%. Use the drawdown chart below to compare losses from any high point for TTD and MGNI.

Drawdown Indicators

	TTD	MGNI	Difference
Max Drawdown Largest peak-to-trough decline	-85.60%	-93.30%	+7.70%
Max Drawdown (1Y) Largest decline over 1 year	-77.62%	-57.77%	-19.85%
Max Drawdown (3Y) Largest decline over 3 years	-85.60%	-57.95%	-27.65%
Max Drawdown (5Y) Largest decline over 5 years	-85.60%	-84.35%	-1.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.65%	—
Current Drawdown Current decline from peak	-84.88%	-75.97%	-8.91%
Average Drawdown Average peak-to-trough decline	-27.09%	-64.83%	+37.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.15%	37.72%	+17.43%

Volatility

TTD vs. MGNI - Volatility Comparison

The Trade Desk, Inc. (TTD) has a higher volatility of 18.99% compared to Magnite, Inc. (MGNI) at 17.28%. This indicates that TTD's price experiences larger fluctuations and is considered to be riskier than MGNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTD	MGNI	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.99%	17.28%	+1.71%
Volatility (6M) Calculated over the trailing 6-month period	40.74%	40.54%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	64.13%	56.80%	+7.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.33%	75.23%	-7.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.49%	76.58%	-8.09%

Dividends

TTD vs. MGNI - Dividend Comparison

Neither TTD nor MGNI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

TTD vs. MGNI - Profitability Comparison

The chart below illustrates the profitability comparison between The Trade Desk, Inc. and Magnite, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TTD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported a gross profit of 506.89M and revenue of 688.86M. Therefore, the gross margin over that period was 73.6%.

MGNI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported a gross profit of 103.96M and revenue of 164.37M. Therefore, the gross margin over that period was 63.3%.

TTD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported an operating income of 66.65M and revenue of 688.86M, resulting in an operating margin of 9.7%.

MGNI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported an operating income of 7.72M and revenue of 164.37M, resulting in an operating margin of 4.7%.

TTD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Trade Desk, Inc. reported a net income of 40.00M and revenue of 688.86M, resulting in a net margin of 5.8%.

MGNI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Magnite, Inc. reported a net income of 4.41M and revenue of 164.37M, resulting in a net margin of 2.7%.

Frequently Asked Questions

Can I hold both TTD and MGNI in my portfolio?

TTD and MGNI have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTD or MGNI?

TTD has higher volatility (18.99%) compared to MGNI (17.28%). In terms of maximum drawdown, TTD dropped -85.60% vs MGNI's -93.30%.

Which has better risk-adjusted returns?

MGNI currently has the higher Sharpe Ratio (-0.19 vs -1.12), 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.