MGIC vs SPY
Comparison between Magic Software Enterprises Ltd (MGIC, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed MGIC, delivering a return of +13.4% compared to +5.8%
MGIC vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
MGIC
$853M
Winner
SPY
$784B
Expense Ratio
MGIC
N/A
SPY
0.09%
Max Drawdown
MGIC
97.62%
Winner
SPY
56.47%
Sharpe Ratio
MGIC
0.36
Winner
SPY
1.56
5Y Beta
Winner
MGIC
0.69
SPY
1.00
Industry
MGIC
Information Technology Services
SPY
N/A
P/E Ratio
Winner
MGIC
23.12
SPY
28.29
Forward P/E
MGIC
23.36
Winner
SPY
21.75
PEG Ratio
MGIC
0.73
SPY
N/A
Dividend Yield
MGIC
5.81%
SPY
N/A
5Y Dividends CAGR
Winner
MGIC
31.69%
SPY
5.43%
5Y EPS CAGR
MGIC
12.66%
Winner
SPY
25.98%
Debt to Equity
Winner
MGIC
18.69%
SPY
30.79%
Free Cash Flow Yield
MGIC
8.77%
SPY
N/A
P/S Ratio
Winner
MGIC
1.42
SPY
3.79
P/B Ratio
Winner
MGIC
3.09
SPY
5.67
MGIC vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
MGIC
+0.00%
Winner
SPY
+0.48%
3M
MGIC
+0.00%
Winner
SPY
+11.67%
6M
MGIC
-34.64%
Winner
SPY
+9.42%
1Y
MGIC
+12.28%
Winner
SPY
+24.27%
5Y(CAGR)
MGIC
+5.81%
Winner
SPY
+13.36%
10Y(CAGR)
MGIC
+13.47%
Winner
SPY
+15.42%
Max(CAGR)
MGIC
+6.16%
Winner
SPY
+8.49%
MGIC vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MGIC | SPY |
|---|---|---|
| 2026 | -33.28% | +8.88% |
| 2025 | +126.34% | +18.00% |
| 2024 | +27.08% | +25.59% |
| 2023 | -37.05% | +26.72% |
| 2022 | -23.87% | -18.64% |
| 2021 | +43.35% | +30.52% |
| 2020 | +59.59% | +17.28% |
| 2019 | +31.99% | +31.09% |
| 2018 | -9.37% | -5.24% |
| 2017 | +24.82% | +20.78% |
| 2016 | +19.39% | +13.59% |
| 2015 | -5.02% | +1.31% |
| 2014 | -14.17% | +14.56% |
| 2013 | +53.14% | +29.00% |
| 2012 | -5.19% | +14.17% |
| 2011 | -21.19% | +0.85% |
| 2010 | +221.49% | +13.14% |
| 2009 | +56.85% | +22.67% |
| 2008 | -33.71% | -36.25% |
| 2007 | -20.59% | +5.32% |
| 2006 | +41.51% | +13.85% |
| 2005 | -53.78% | +5.32% |
| 2004 | -25.99% | +10.75% |
| 2003 | +384.83% | +24.18% |
| 2002 | -35.86% | -22.42% |
| 2001 | -15.79% | -10.13% |
| 2000 | -88.68% | -8.84% |
| 1999 | +120.40% | +8.61% |
MGIC vs SPY Drawdown Comparison
The maximum drawdown for MGIC was -97.62%, occurring on Oct 1, 2002. Recovery took 5156 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current MGIC drawdown is -37.21%. The current SPY drawdown is -2.35%.
| Rank | MGIC | SPY |
|---|---|---|
| #1 | -97.62% Feb 16, 2000 - Aug 14, 2020 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -63.91% Nov 12, 2021 - Jul 9, 2025 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -37.32% Jan 12, 2026 - Feb 17, 2026 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -23.21% Aug 19, 2020 - Nov 27, 2020 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -22.48% Dec 13, 1999 - Jan 18, 2000 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -16.46% Jan 20, 2000 - Feb 14, 2000 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -15.55% Feb 17, 2021 - Jul 26, 2021 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -13.28% Jul 23, 2025 - Nov 3, 2025 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -12.85% Nov 27, 2020 - Jan 11, 2021 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -9.62% Nov 12, 2025 - Dec 1, 2025 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -9.51% Dec 16, 2025 - Jan 9, 2026 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -9.20% Aug 12, 2021 - Aug 24, 2021 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -9.12% Sep 16, 2021 - Oct 13, 2021 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -7.91% Nov 12, 1999 - Nov 19, 1999 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -7.45% Jan 20, 2021 - Feb 9, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between MGIC and SPY is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (1999 - 2026)
MGIC vs SPY dividend yield comparison.
| Year | MGIC | SPY |
|---|---|---|
| 2026 | 0.00% | 0.24% |
| 2025 | 3.01% | 1.07% |
| 2024 | 3.66% | 1.21% |
| 2023 | 6.47% | 1.40% |
| 2022 | 3.16% | 1.65% |
| 2021 | 2.12% | 1.20% |
| 2020 | 1.63% | 1.52% |
| 2019 | 3.13% | 1.75% |
| 2018 | 3.74% | 2.04% |
| 2017 | 2.57% | 1.80% |
| 2016 | 2.62% | 2.03% |
| 2015 | 3.18% | 2.06% |
| 2014 | 3.61% | 1.87% |
| 2013 | 2.93% | 1.81% |
| 2012 | 2.13% | 2.18% |
| 2011 | 0.00% | 2.05% |
| 2010 | 8.09% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 9.09% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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