ADAMH vs. NLY

Last updated Apr 2, 2026

Compare and contrast key facts about Adamas Trust, Inc. (ADAMH) and Annaly Capital Management, Inc. (NLY).

Performance

ADAMH vs. NLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adamas Trust, Inc. (ADAMH) and Annaly Capital Management, Inc. (NLY). The values are adjusted to include any dividend payments, if applicable.

ADAMH vs. NLY - Yearly Performance Comparison

	2026 (YTD)	2025
ADAMH Adamas Trust, Inc.	-0.58%	6.34%
NLY Annaly Capital Management, Inc.	-2.28%	11.03%

Fundamentals

Market Cap ADAMH : $2.31B NLY : $14.69B
EPS ADAMH : $1.63 NLY : $3.14
PE Ratio ADAMH : 15.38 NLY : 6.74
PS Ratio ADAMH : 3.06 NLY : 3.26
PB Ratio ADAMH : 2.60 NLY : 1.03
Total Revenue (TTM) ADAMH : $749.34M NLY : $4.19B
Gross Profit (TTM) ADAMH : $392.88M NLY : $4.15B
EBITDA (TTM) ADAMH : $306.09M NLY : $3.29B

Returns By Period

In the year-to-date period, ADAMH achieves a -0.58% return, which is significantly higher than NLY's -2.28% return.

ADAMH

• 1D: 1.01%
• 1M: -0.20%
• YTD: -0.58%
• 6M: 5.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NLY

• 1D: -0.09%
• 1M: -5.86%
• YTD: -2.28%
• 6M: 9.23%
• 1Y: 20.39%
• 3Y*: 18.25%
• 5Y*: 3.38%
• 10Y*: 5.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ADAMH vs. NLY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NLY

NLY Risk / Return Rank: 67
NLY Sharpe Ratio Rank: 71
NLY Sortino Ratio Rank: 62
NLY Omega Ratio Rank: 63
NLY Calmar Ratio Rank: 67
NLY Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADAMH vs. NLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adamas Trust, Inc. (ADAMH) and Annaly Capital Management, Inc. (NLY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ADAMH	NLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.92	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.13	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.07	0.31	+1.76

Correlation

The correlation between ADAMH and NLY is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ADAMH vs. NLY - Dividend Comparison

ADAMH's dividend yield for the trailing twelve months is around 7.18%, less than NLY's 13.25% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADAMH Adamas Trust, Inc.	7.18%	4.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NLY Annaly Capital Management, Inc.	13.25%	12.52%	14.21%	13.42%	16.70%	11.25%	10.77%	11.15%	12.22%	10.09%	12.04%	12.79%

Drawdowns

ADAMH vs. NLY - Drawdown Comparison

The maximum ADAMH drawdown since its inception was -1.81%, smaller than the maximum NLY drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for ADAMH and NLY.

Drawdown Indicators

	ADAMH	NLY	Difference
Max Drawdown Largest peak-to-trough decline	-1.81%	-60.09%	+58.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-52.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-60.09%	—
Current Drawdown Current decline from peak	-0.58%	-10.45%	+9.87%
Average Drawdown Average peak-to-trough decline	-0.53%	-13.79%	+13.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.03%	—

Volatility

Volatility by Period

	ADAMH	NLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.93%	22.40%	-17.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.93%	25.46%	-20.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.93%	28.06%	-23.13%

Financials