MGIC Investment (MTG)
Market Price (12/29/2025): $29.785 | Market Cap: $6.8 BilSector: Financials | Industry: Reinsurance
MGIC Investment (MTG)
Market Price (12/29/2025): $29.785Market Cap: $6.8 BilSector: FinancialsIndustry: Reinsurance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.8%, FCF Yield is 12% | Trading close to highsDist 52W High is -0.2%, Dist 3Y High is -0.2% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.7% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -80% | Key risksMTG key risks include [1] housing market downturns driving higher claim payouts, Show more. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 66%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 66% | ||
| Low stock price volatilityVol 12M is 23% | ||
| Megatrend and thematic driversMegatrends include Future of Housing & Real Estate. Themes include Affordable Homeownership, and Real Estate Risk Management. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.8%, FCF Yield is 12% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -80% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 66%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 66% |
| Low stock price volatilityVol 12M is 23% |
| Megatrend and thematic driversMegatrends include Future of Housing & Real Estate. Themes include Affordable Homeownership, and Real Estate Risk Management. |
| Trading close to highsDist 52W High is -0.2%, Dist 3Y High is -0.2% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.7% |
| Key risksMTG key risks include [1] housing market downturns driving higher claim payouts, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are five key points explaining the 7.6% stock movement of MGIC Investment (MTG) between August 31, 2025, and December 29, 2025:
1. Strong Third Quarter 2025 Earnings with EPS Beat.
On October 29, 2025, MGIC Investment Corporation reported its third quarter 2025 financial results, which included missing Wall Street's revenue expectations but significantly beating non-GAAP earnings per share (EPS) estimates. The company's adjusted EPS of $0.83 per share was 12.2% above analysts' consensus estimates of $0.74. CEO Tim Mattke highlighted strong financial results, the durability of the business model, and effective risk and capital management strategies. This positive earnings surprise contributed to an upward movement in the stock.
2. Significant Share Repurchase Programs.
MGIC Investment continued its robust capital return strategy through substantial share repurchases. In the third quarter of 2025, the company repurchased 7.0 million shares of common stock for $187.9 million. Furthermore, through October 24, 2025, an additional 2.4 million shares were repurchased for $65.7 million. These actions, which well exceed the USD 5 million threshold, signal strong management confidence and are designed to enhance shareholder value and boost EPS.
Show more
1. Strong Third Quarter 2025 Earnings with EPS Beat.
On October 29, 2025, MGIC Investment Corporation reported its third quarter 2025 financial results, which included missing Wall Street's revenue expectations but significantly beating non-GAAP earnings per share (EPS) estimates. The company's adjusted EPS of $0.83 per share was 12.2% above analysts' consensus estimates of $0.74. CEO Tim Mattke highlighted strong financial results, the durability of the business model, and effective risk and capital management strategies. This positive earnings surprise contributed to an upward movement in the stock.
2. Significant Share Repurchase Programs.
MGIC Investment continued its robust capital return strategy through substantial share repurchases. In the third quarter of 2025, the company repurchased 7.0 million shares of common stock for $187.9 million. Furthermore, through October 24, 2025, an additional 2.4 million shares were repurchased for $65.7 million. These actions, which well exceed the USD 5 million threshold, signal strong management confidence and are designed to enhance shareholder value and boost EPS.
Show more
Stock Movement Drivers
Fundamental Drivers
The 4.1% change in MTG stock from 9/28/2025 to 12/28/2025 was primarily driven by a 3.0% change in the company's Shares Outstanding (Mil).| 9282025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 28.62 | 29.79 | 4.10% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1218.57 | 1216.43 | -0.18% |
| Net Income Margin (%) | 62.58% | 61.96% | -0.99% |
| P/E Multiple | 8.87 | 9.06 | 2.20% |
| Shares Outstanding (Mil) | 236.33 | 229.31 | 2.97% |
| Cumulative Contribution | 4.01% |
Market Drivers
9/28/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| MTG | 4.1% | |
| Market (SPY) | 4.3% | 7.0% |
| Sector (XLF) | 3.3% | 48.3% |
Fundamental Drivers
The 8.8% change in MTG stock from 6/29/2025 to 12/28/2025 was primarily driven by a 6.1% change in the company's Shares Outstanding (Mil).| 6292025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 27.37 | 29.79 | 8.84% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1219.60 | 1216.43 | -0.26% |
| Net Income Margin (%) | 63.49% | 61.96% | -2.41% |
| P/E Multiple | 8.63 | 9.06 | 5.03% |
| Shares Outstanding (Mil) | 244.15 | 229.31 | 6.08% |
| Cumulative Contribution | 8.44% |
Market Drivers
6/29/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| MTG | 8.8% | |
| Market (SPY) | 12.6% | 15.4% |
| Sector (XLF) | 7.4% | 46.2% |
Fundamental Drivers
The 28.4% change in MTG stock from 12/28/2024 to 12/28/2025 was primarily driven by a 15.3% change in the company's P/E Multiple.| 12282024 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 23.19 | 29.79 | 28.44% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1190.24 | 1216.43 | 2.20% |
| Net Income Margin (%) | 64.09% | 61.96% | -3.31% |
| P/E Multiple | 7.86 | 9.06 | 15.26% |
| Shares Outstanding (Mil) | 258.60 | 229.31 | 11.33% |
| Cumulative Contribution | 26.79% |
Market Drivers
12/28/2024 to 12/28/2025| Return | Correlation | |
|---|---|---|
| MTG | 28.4% | |
| Market (SPY) | 17.0% | 56.5% |
| Sector (XLF) | 15.3% | 71.4% |
Fundamental Drivers
The 144.9% change in MTG stock from 12/29/2022 to 12/28/2025 was primarily driven by a 108.7% change in the company's P/E Multiple.| 12292022 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 12.16 | 29.79 | 144.89% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1174.65 | 1216.43 | 3.56% |
| Net Income Margin (%) | 72.18% | 61.96% | -14.15% |
| P/E Multiple | 4.34 | 9.06 | 108.73% |
| Shares Outstanding (Mil) | 302.62 | 229.31 | 24.23% |
| Cumulative Contribution | 130.52% |
Market Drivers
12/29/2023 to 12/28/2025| Return | Correlation | |
|---|---|---|
| MTG | 61.3% | |
| Market (SPY) | 48.4% | 48.6% |
| Sector (XLF) | 51.8% | 66.8% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MTG Return | -9% | 17% | -7% | 52% | 26% | 28% | 141% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| MTG Win Rate | 58% | 58% | 58% | 75% | 75% | 75% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| MTG Max Drawdown | -65% | -7% | -20% | -4% | -2% | -5% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | MTG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -30.9% | -25.4% |
| % Gain to Breakeven | 44.7% | 34.1% |
| Time to Breakeven | 398 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -65.8% | -33.9% |
| % Gain to Breakeven | 192.2% | 51.3% |
| Time to Breakeven | 385 days | 148 days |
| 2018 Correction | ||
| % Loss | -40.5% | -19.8% |
| % Gain to Breakeven | 68.0% | 24.7% |
| Time to Breakeven | 1,019 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -98.8% | -56.8% |
| % Gain to Breakeven | 8050.0% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
MGIC Investment's stock fell -30.9% during the 2022 Inflation Shock from a high on 1/12/2022. A -30.9% loss requires a 44.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
AI Analysis | Feedback
Here are 1-2 brief analogies for MGIC Investment (MTG):
The **Travelers** or **Chubb** of mortgage default insurance.
**Allstate** for banks' mortgage portfolios.
AI Analysis | Feedback
- Private Mortgage Insurance (PMI): This service protects lenders against financial losses when a borrower defaults on a mortgage loan, typically when the borrower has a down payment of less than 20%.
AI Analysis | Feedback
Major Customers of MGIC Investment (MTG)
MGIC Investment Corporation (symbol: MTG) is a leading provider of private mortgage insurance in the United States. The company sells its services primarily to **other companies**, specifically **mortgage lenders**. Due to the competitive and fragmented nature of the mortgage industry, MGIC Investment does not publicly disclose specific "major customers" that represent a significant portion of its revenue (typically, no single customer accounts for more than 10% of total revenue, which would trigger disclosure requirements). However, its customer base consists of a wide array of mortgage lenders across the United States. These include:- Large National Banks: These institutions originate a significant volume of residential mortgages and utilize mortgage insurance to mitigate risk for loans with lower down payments. Examples of such institutions, which are likely customers, include:
- JPMorgan Chase & Co. (NYSE: JPM)
- Wells Fargo & Company (NYSE: WFC)
- Bank of America Corporation (NYSE: BAC)
- Independent Mortgage Companies: Non-depository institutions whose primary business is originating and often servicing residential mortgages. Examples of prominent independent mortgage companies that are likely customers include:
- Rocket Companies, Inc. (NYSE: RKT) (operates Rocket Mortgage)
- United Wholesale Mortgage (UWM) (NYSE: UWMC)
- loanDepot, Inc. (NYSE: LDI)
- Regional Banks, Thrifts, and Credit Unions: A diverse group of smaller to medium-sized financial institutions that also originate mortgages in their respective markets. While specific public symbols for these numerous entities are not practical to list comprehensively, they form a substantial part of MGIC's customer base.
AI Analysis | Feedback
- Equifax Inc. (EFX)
- TransUnion (TRU)
- Experian plc (EXPN.L)
AI Analysis | Feedback
Timothy J. Mattke, Chief Executive Officer
Timothy J. Mattke joined MGIC in 2006. He was appointed Chief Executive Officer in 2019. Prior to this, he served as Executive Vice President and Chief Financial Officer from 2014 to 2019, and as Controller from 2009 to 2014. Before joining MGIC, Mr. Mattke was an audit manager with PricewaterhouseCoopers LLP.
Nathaniel H. Colson, Executive Vice President, Chief Financial Officer and Chief Risk Officer
Nathaniel H. Colson joined MGIC in 2014. He holds the roles of Executive Vice President, Chief Financial Officer, and Chief Risk Officer. Before his appointment as CFO, he was Vice President of Finance from January 2019 through July 2019, Assistant Treasurer from 2016 to 2019, and held various positions within MGIC's Risk Management department. Mr. Colson was a senior audit manager with PricewaterhouseCoopers LLP before joining MGIC.
Salvatore A. Miosi, President and Chief Operating Officer
Salvatore A. Miosi has been with MGIC since 1988. He currently serves as President and Chief Operating Officer. Previously, he was Executive Vice President of Business Strategies and Operations from 2017 to 2019, Senior Vice President of Business Strategies and Operations from 2015 to 2017, and Vice President of Marketing from 2004 to 2015. He also held various leadership positions in technology, sales, and marketing divisions prior to these roles.
Paula C. Maggio, Executive Vice President, General Counsel and Secretary
Paula C. Maggio joined MGIC in 2018 as Executive Vice President, General Counsel, and Secretary. Before joining MGIC, Ms. Maggio served in the same role for two years at Retail Properties of America, Inc., and held various leadership positions at Strategic Hotels & Resorts, Inc. for 15 years. Her early career included private practice with the law firm Altheimer & Gray.
Danny Garcia-Velez, Senior Vice President of Sales and Business Development
Danny Garcia-Velez joined MGIC in 2017 as a senior marketing program manager. He was appointed Senior Vice President of Sales and Business Development in 2023. Prior to joining MGIC, Mr. Garcia-Velez was the Vice President of Programs and Counseling for the Homeownership Preservation Foundation (HPF).
AI Analysis | Feedback
The key risks to MGIC Investment (MTG) are primarily linked to the cyclical nature of the housing market and broader economic conditions, intense competition, and regulatory compliance.
- Economic Uncertainty and Housing Market Volatility: MGIC's business is highly sensitive to economic downturns and fluctuations in the housing market. Factors such as rising unemployment rates, declining home prices, or an increase in mortgage delinquencies can significantly impact the demand for mortgage insurance and lead to higher claim payouts, directly affecting MGIC's financial results. The company's revenue is heavily tied to mortgage originations and the overall health of the housing market.
- Competitive Pressure: The mortgage insurance industry is highly competitive, with several players vying for market share. This intense price competition from rivals, along with the availability of alternative solutions to mortgage insurance, poses a challenge to MGIC's market share and revenue growth.
- Regulatory and Compliance Risks: As a mortgage insurer, MGIC is subject to stringent regulatory requirements that can impose limitations on its operations and financial flexibility. Significant changes in the regulatory environment, such as potential adjustments to insurance regulations, could adversely affect the company's business model and profitability.
AI Analysis | Feedback
null
AI Analysis | Feedback
MGIC Investment Corporation (MTG) primarily operates in the private mortgage insurance (PMI) sector within the United States, including the District of Columbia, Puerto Rico, and Guam. Its main product is private mortgage insurance, which protects lenders against financial losses if a borrower defaults on a mortgage, typically for homebuyers with less than a 20% down payment. The addressable market for MGIC Investment's main products and services in the U.S. can be sized by the volume of new insurance written (NIW) and the total insurance in force. * **New Insurance Written (NIW) / Mortgage Originations Supported by Private Mortgage Insurance (U.S. Region):** * In 2023, the total value of mortgage originations supported by private mortgage insurance was approximately $283 billion. * In 2024, the private mortgage insurance industry supported nearly $300 billion in mortgage originations. The total new insurance written (NIW) for the industry was estimated at $300 billion. * A similarly attractive environment, or a slightly larger market, is anticipated for 2025. * **Total Private Mortgage Insurance in Force (U.S. Region):** * As of the end of 2023, the private mortgage insurance industry insured nearly $1.6 trillion of mortgages. * By year-end 2024, approximately $1.4 trillion of Fannie Mae and Freddie Mac's portfolios were covered by mortgage insurance, which represents a significant portion of the overall private mortgage insurance in force.AI Analysis | Feedback
MGIC Investment (MTG) is expected to drive future revenue growth over the next two to three years through several key areas:
- Growth in Insurance in Force (IIF) and New Insurance Written (NIW): MGIC's primary revenue stream comes from premiums on its mortgage insurance policies. Sustained growth in its "insurance in force," which reached $300.8 billion as of September 30, 2025, covering 1.1 million mortgages, is crucial. The company's ability to continue writing new insurance policies ("New Insurance Written" or NIW) and maintaining strong persistency (policies remaining on the books) will directly contribute to increasing premium revenue. While Q3 2025 NIW was $16.5 billion, slightly below the prior year, ongoing mortgage market activity and MGIC's market position are expected to fuel future originations.
- Increased Investment Income: A significant contributor to MGIC's overall revenue is its investment income, which was reported at $62 million in the third quarter of 2025, with a portfolio book yield of 4%. Future revenue growth will be influenced by the size and yield of its investment portfolio, driven by the effective management of its "float" (premiums collected but not yet paid out as claims).
- Market Share Expansion and Leveraging Market Leadership: MGIC is a leader in the mortgage insurance market. Opportunities exist within the broader mortgage insurance sector for the company to expand its customer base and product offerings. By leveraging its financial strength and established market position, MGIC can capture a larger share of the market, leading to increased premium volume and revenue.
- Optimized Reinsurance Structure: Adjustments to reinsurance agreements can positively impact net premiums earned. For example, the amendment to the 2022 quota share reinsurance transaction, which will decrease the cede rate from 30% to 28% effective December 31, 2025, is expected to result in MGIC retaining a larger portion of premiums on that business. Additionally, new reinsurance transactions, such as the 40% quota share for eligible NIW in 2027, help manage capital efficiently, allowing for greater underwriting capacity and potential for revenue generation.
AI Analysis | Feedback
Share Repurchases
- In April 2025, MGIC's board of directors approved an additional share repurchase program authorizing the purchase of up to $750 million of common stock, valid through December 31, 2027.
- The company repurchased $599.5 million of common stock year-to-date through the third quarter of 2025.
- In 2024, MGIC repurchased approximately $566.6 million of its common stock.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to MTG. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 14.5% | 14.5% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.5% | -1.5% | -1.5% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.5% | -4.5% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 7.6% | 7.6% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -11.1% | -11.1% | -12.1% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for MGIC Investment
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 53.97 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 11,544 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 2.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 17.7% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 22.2% |
| CFO/Rev 3Y Avg | 23.8% |
| FCF/Rev LTM | 20.1% |
| FCF/Rev 3Y Avg | 21.6% |
Price Behavior
Price Behavior
| Market Price | $29.79 | |
| Market Cap ($ Bil) | 6.8 | |
| First Trading Date | 08/07/1991 | |
| Distance from 52W High | -0.2% | |
| 50 Days | 200 Days | |
| DMA Price | $28.13 | $26.58 |
| DMA Trend | up | up |
| Distance from DMA | 5.9% | 12.1% |
| 3M | 1YR | |
| Volatility | 19.4% | 23.3% |
| Downside Capture | -13.91 | 51.11 |
| Upside Capture | 8.26 | 67.76 |
| Correlation (SPY) | 7.6% | 56.7% |
MTG Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.25 | 0.06 | 0.12 | 0.37 | 0.70 | 0.75 |
| Up Beta | -0.01 | 0.48 | 0.67 | 1.12 | 0.74 | 0.79 |
| Down Beta | 0.08 | 0.11 | -0.01 | -0.10 | 0.71 | 0.77 |
| Up Capture | 61% | -4% | 9% | 32% | 53% | 55% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 10 | 18 | 28 | 67 | 130 | 414 |
| Down Capture | 18% | -9% | -2% | 30% | 74% | 86% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 8 | 22 | 32 | 56 | 116 | 328 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of MTG With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| MTG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 28.6% | 16.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 23.1% | 19.0% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 1.02 | 0.67 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 71.4% | 56.6% | 2.0% | 13.3% | 64.1% | 6.7% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of MTG With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| MTG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 21.7% | 16.1% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 26.1% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.76 | 0.71 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 69.7% | 57.6% | 2.8% | 12.9% | 54.4% | 24.6% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of MTG With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| MTG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 14.5% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 38.2% | 22.3% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.48 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 66.1% | 55.0% | -2.6% | 20.9% | 52.6% | 13.7% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2025 | 4.3% | 6.5% | 8.8% |
| 7/30/2025 | 2.1% | 6.5% | 9.7% |
| 4/30/2025 | 1.6% | 5.2% | 6.7% |
| 2/3/2025 | 1.8% | -0.5% | -5.1% |
| 11/4/2024 | 1.4% | 6.5% | 9.5% |
| 7/31/2024 | -1.3% | -5.7% | 1.9% |
| 5/1/2024 | -0.2% | 2.2% | 2.7% |
| 1/31/2024 | 0.7% | -3.9% | 0.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 14 | 14 |
| # Negative | 8 | 9 | 9 |
| Median Positive | 1.6% | 5.8% | 7.2% |
| Median Negative | -1.9% | -3.6% | -2.9% |
| Max Positive | 4.4% | 9.7% | 16.4% |
| Max Negative | -5.4% | -10.7% | -11.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/29/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 07/30/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 04/30/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/26/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 11/04/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 07/31/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 05/01/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/21/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 10/31/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 08/02/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/03/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/22/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/02/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 08/03/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/04/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/23/2022 | 10-K (12/31/2021) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.