AGNC vs. NLY
Compare and contrast key facts about AGNC Investment Corp. (AGNC) and Annaly Capital Management, Inc. (NLY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGNC or NLY.
Key characteristics
AGNC | NLY | |
---|---|---|
YTD Return | 2.30% | 0.36% |
1Y Return | 15.76% | 17.34% |
3Y Return (Ann) | -5.71% | -7.21% |
5Y Return (Ann) | -0.47% | -2.34% |
10Y Return (Ann) | 4.05% | 3.60% |
Sharpe Ratio | 0.55 | 0.64 |
Daily Std Dev | 28.00% | 25.22% |
Max Drawdown | -54.56% | -60.09% |
Current Drawdown | -25.23% | -26.75% |
Fundamentals
AGNC | NLY | |
---|---|---|
Market Cap | $6.80B | $9.98B |
EPS | $0.05 | -$3.61 |
PE Ratio | 195.60 | 4.75 |
PEG Ratio | 17.55 | -3.61 |
Revenue (TTM) | $251.00M | -$1.40B |
Gross Profit (TTM) | -$1.12B | $1.97B |
Correlation
The correlation between AGNC and NLY is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AGNC vs. NLY - Performance Comparison
In the year-to-date period, AGNC achieves a 2.30% return, which is significantly higher than NLY's 0.36% return. Over the past 10 years, AGNC has outperformed NLY with an annualized return of 4.05%, while NLY has yielded a comparatively lower 3.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
AGNC vs. NLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AGNC Investment Corp. (AGNC) 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
AGNC Investment Corp. | 0.55 | ||||
Annaly Capital Management, Inc. | 0.64 |
Dividends
AGNC vs. NLY - Dividend Comparison
AGNC's dividend yield for the trailing twelve months is around 15.93%, less than NLY's 16.72% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AGNC Investment Corp. | 15.93% | 14.68% | 13.91% | 9.56% | 10.00% | 11.31% | 12.31% | 10.70% | 12.69% | 14.30% | 11.96% | 19.44% |
Annaly Capital Management, Inc. | 16.72% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% | 11.10% | 15.05% |
Drawdowns
AGNC vs. NLY - Drawdown Comparison
The maximum AGNC drawdown since its inception was -54.56%, smaller than the maximum NLY drawdown of -60.09%. The drawdown chart below compares losses from any high point along the way for AGNC and NLY
Volatility
AGNC vs. NLY - Volatility Comparison
The current volatility for AGNC Investment Corp. (AGNC) is 5.05%, while Annaly Capital Management, Inc. (NLY) has a volatility of 6.47%. This indicates that AGNC experiences smaller price fluctuations and is considered to be less risky than NLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.