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FRGE vs MEC

Comparison between Forge Global Holdings, Inc. (FRGE, Company) and Mayville Engineering Company Inc (MEC, Company).

FRGE is from the Financial Services sector, while MEC is from the Industrials sector.

5-Year PerformanceMEC has outperformed FRGE, delivering a return of +11.2% compared to -21.0%

FRGE vs MEC - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
FRGE
$617M
MEC
$614M
Max Drawdown
FRGE
98.69%
Winner
MEC
76.62%
Sharpe Ratio
Winner
FRGE
1.44
MEC
1.43
5Y Beta
Winner
FRGE
0.79
MEC
0.84
Industry
FRGE
Capital Markets
MEC
Metal Fabrication
P/E Ratio
FRGE
-9.22
Winner
MEC
-37.65
Forward P/E
FRGE
N/A
MEC
22.08
Debt to Equity
FRGE
0.00%
MEC
0.00%
Free Cash Flow Yield
FRGE
-6.50%
Winner
MEC
2.38%

FRGE vs MEC - Historical Returns

Returns include dividend reinvestment.

1M
Winner
FRGE
+0.00%
MEC
-10.98%
3M
FRGE
+0.00%
Winner
MEC
+42.17%
6M
FRGE
+1.01%
Winner
MEC
+65.36%
1Y
Winner
FRGE
+150.00%
MEC
+93.20%
5Y(CAGR)
FRGE
-21.04%
Winner
MEC
+11.16%
Max(CAGR)
FRGE
-20.20%
Winner
MEC
+8.88%

FRGE vs MEC - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

YearFRGEMEC
2026+1.24%+60.47%
2025+214.46%+20.46%
2024-72.70%+11.73%
2023+100.58%+13.54%
2022-82.54%-14.75%
2021-4.56%+18.05%
2020N/A+40.82%
2019N/A-43.05%

FRGE vs MEC Drawdown Comparison

The maximum drawdown for FRGE was -98.69%, occurring on Apr 4, 2025. This drawdown has not yet recovered.

The maximum drawdown for MEC was -76.62%, occurring on Mar 12, 2020. Recovery took 460 trading sessions.

The current FRGE drawdown is -92.03%. The current MEC drawdown is -18.99%.

RankFRGEMEC
#1-98.69%
Mar 30, 2022 - Apr 4, 2025
-76.62%
May 15, 2019 - Mar 12, 2021
#2-22.91%
Mar 22, 2022 - Mar 25, 2022
-72.12%
Jun 21, 2021 - Nov 5, 2024
#3-12.51%
Feb 8, 2021 - Mar 22, 2022
-45.62%
Nov 5, 2024 - Feb 13, 2026
#4-2.35%
Feb 3, 2021 - Feb 8, 2021
-24.77%
Feb 20, 2026 - Apr 30, 2026
#5N/A-22.48%
Jun 29, 2026 - Jul 20, 2026
#6N/A-20.52%
Mar 15, 2021 - May 10, 2021
#7N/A-15.15%
May 11, 2026 - Jun 1, 2026
#8N/A-8.97%
May 10, 2021 - May 24, 2021
#9N/A-7.20%
Jun 7, 2021 - Jun 15, 2021
#10N/A-5.55%
Jun 12, 2026 - Jun 18, 2026
#11N/A-4.38%
Jun 15, 2021 - Jun 18, 2021
#12N/A-4.32%
Jun 1, 2021 - Jun 7, 2021
#13N/A-4.26%
Jun 18, 2026 - Jun 26, 2026
#14N/A-3.65%
Feb 13, 2026 - Feb 20, 2026
#15N/A-2.89%
Apr 30, 2026 - May 6, 2026

Correlation

Correlation between FRGE and MEC is -0.22 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.22
-101

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