MTG vs SPY
Comparison between MGIC Investment Corp (MTG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceMTG has outperformed SPY, delivering a return of +15.5% compared to +13.8%
MTG vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
MTG vs SPY - Historical Returns
Returns include dividend reinvestment.
MTG vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MTG | SPY |
|---|---|---|
| 2026 | -9.56% | +7.70% |
| 2025 | +26.10% | +18.00% |
| 2024 | +25.41% | +25.59% |
| 2023 | +51.14% | +26.72% |
| 2022 | -8.35% | -18.64% |
| 2021 | +22.26% | +30.52% |
| 2020 | -9.16% | +17.28% |
| 2019 | +36.05% | +31.09% |
| 2018 | -26.65% | -5.24% |
| 2017 | +35.41% | +20.78% |
| 2016 | +18.08% | +13.59% |
| 2015 | -5.66% | +1.31% |
| 2014 | +10.95% | +14.56% |
| 2013 | +183.22% | +29.00% |
| 2012 | -25.91% | +14.17% |
| 2011 | -65.40% | +0.85% |
| 2010 | +64.09% | +13.14% |
| 2009 | +44.50% | +22.67% |
| 2008 | -83.93% | -36.25% |
| 2007 | -64.13% | +5.32% |
| 2006 | -5.43% | +13.85% |
| 2005 | -1.79% | +5.32% |
| 2004 | +22.76% | +10.75% |
| 2003 | +32.55% | +24.18% |
| 2002 | -33.10% | -22.42% |
| 2001 | -3.78% | -10.13% |
| 2000 | +18.46% | -8.84% |
| 1999 | +2.93% | +8.61% |
MTG vs SPY Drawdown Comparison
The maximum drawdown for MTG was -98.86%, occurring on Aug 3, 2012. This drawdown has not yet recovered.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current MTG drawdown is -58.50%. The current SPY drawdown is -1.93%.
| Rank | MTG | SPY |
|---|---|---|
| #1 | -98.86% Jul 13, 2004 - Aug 3, 2012 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -55.93% Jun 27, 2001 - Jul 13, 2004 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -47.79% Dec 7, 1999 - Sep 8, 2000 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -27.78% Oct 30, 2000 - Jun 6, 2001 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -7.02% Sep 11, 2000 - Oct 25, 2000 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -5.42% Nov 8, 1999 - Dec 7, 1999 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -3.62% Oct 25, 2000 - Oct 27, 2000 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -2.56% Nov 1, 1999 - Nov 8, 1999 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -2.14% Jun 13, 2001 - Jun 15, 2001 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -1.69% Jun 21, 2001 - Jun 27, 2001 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -1.63% Jun 15, 2001 - Jun 21, 2001 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -1.38% Jun 6, 2001 - Jun 13, 2001 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | N/A | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | N/A | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | N/A | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between MTG and SPY is -0.22 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (1999 - 2026)
MTG vs SPY dividend yield comparison.
| Year | MTG | SPY |
|---|---|---|
| 2026 | 1.15% | 0.24% |
| 2025 | 1.92% | 1.07% |
| 2024 | 2.07% | 1.21% |
| 2023 | 2.23% | 1.40% |
| 2022 | 2.77% | 1.65% |
| 2021 | 1.94% | 1.20% |
| 2020 | 1.91% | 1.52% |
| 2019 | 0.85% | 1.75% |
| 2018 | 0.00% | 2.04% |
| 2017 | 0.00% | 1.80% |
| 2016 | 0.00% | 2.03% |
| 2015 | 0.00% | 2.06% |
| 2014 | 0.00% | 1.87% |
| 2013 | 0.00% | 1.81% |
| 2012 | 0.00% | 2.18% |
| 2011 | 0.00% | 2.05% |
| 2010 | 0.00% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 2.16% | 3.02% |
| 2007 | 3.46% | 1.85% |
| 2006 | 1.60% | 1.73% |
| 2005 | 0.80% | 1.73% |
| 2004 | 0.33% | 1.82% |
| 2003 | 0.20% | 1.47% |
| 2002 | 0.24% | 1.70% |
| 2001 | 0.16% | 1.25% |
| 2000 | 0.17% | 1.15% |
| 1999 | 0.04% | 0.24% |
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