Condition on singular values of two matrices

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For symmetric matrices $M$ and $N$, it is easy to verify that $\sigma_{max}(M)\leq\sigma_{min}(N)$ is a sufficient condition for $M\leq N$, where $\sigma_{max}(.)$ and $\sigma_{min}(.)$ denote the maximum and minimum singular values.

I wanted to prove if it is also a necessary condition.

In other words, is it true that $M\leq N$ if and only if $\sigma_{max}(M)\leq\sigma_{min}(N)$?