AXIA vs. NLCP

Last updated Jun 3, 2026

AXIA (AXIA Energia SA) and NLCP (NewLake Capital Partners, Inc.) are both stocks. AXIA operates in Utilities - Renewable (Utilities), while NLCP operates in REIT - Specialty (Real Estate). Over the past 3 years, AXIA returned 26.70%/yr vs 18.18%/yr for NLCP. At a 0.09 correlation, their price movements are largely independent.

Performance

AXIA vs. NLCP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXIA Energia SA (AXIA) and NewLake Capital Partners, Inc. (NLCP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AXIA achieves a 12.99% return, which is significantly higher than NLCP's -3.96% return.

AXIA

• 1D: 1.77%
• 1M: -16.87%
• YTD: 12.99%
• 6M: 9.47%
• 1Y: 92.12%
• 3Y*: 26.70%
• 5Y*: 11.52%
• 10Y*: 21.85%

NLCP

• 1D: -4.01%
• 1M: 3.48%
• YTD: -3.96%
• 6M: 24.88%
• 1Y: 16.03%
• 3Y*: 18.18%
• 5Y*: —
• 10Y*: —

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

AXIA vs. NLCP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AXIA AXIA Energia SA	12.99%	121.49%	-31.28%	9.41%	32.73%	-14.71%
NLCP NewLake Capital Partners, Inc.	-3.96%	2.42%	19.43%	11.85%	-39.27%	-2.96%

Correlation

The correlation between AXIA and NLCP is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (All Time) Calculated using the full available price history since Aug 23, 2021	0.09

Fundamentals

Market Cap AXIA : $23.45B NLCP : $312.14M
EPS AXIA : $4.28 NLCP : $1.23
PE Ratio AXIA : 2.42 NLCP : 12.09
PEG Ratio AXIA : 0.17 NLCP : 0.40
PS Ratio AXIA : 0.54 NLCP : 6.21
PB Ratio AXIA : 0.21 NLCP : 0.81
Total Revenue (TTM) AXIA : $42.79B NLCP : $50.17M
Gross Profit (TTM) AXIA : $19.78B NLCP : $6.26M
EBITDA (TTM) AXIA : $6.39B NLCP : $42.43M

Return for Risk

AXIA vs. NLCP — Risk / Return Rank

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

AXIA

AXIA Risk / Return Rank: 89
AXIA Sharpe Ratio Rank: 92
AXIA Sortino Ratio Rank: 89
AXIA Omega Ratio Rank: 88
AXIA Calmar Ratio Rank: 86
AXIA Martin Ratio Rank: 90

NLCP

NLCP Risk / Return Rank: 60
NLCP Sharpe Ratio Rank: 62
NLCP Sortino Ratio Rank: 58
NLCP Omega Ratio Rank: 55
NLCP Calmar Ratio Rank: 63
NLCP Martin Ratio Rank: 61

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.

AXIA vs. NLCP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXIA Energia SA (AXIA) and NewLake Capital Partners, Inc. (NLCP). 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.

	AXIA	NLCP	Difference
Sharpe ratio Return per unit of total volatility	2.62	0.68	+1.94
Sortino ratio Return per unit of downside risk	3.15	1.22	+1.93
Omega ratio Gain probability vs. loss probability	1.40	1.14	+0.26
Calmar ratio Return relative to maximum drawdown	3.76	1.14	+2.63
Martin ratio Return relative to average drawdown	12.91	2.35	+10.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AXIA vs. NLCP - Sharpe Ratio Comparison

The current AXIA Sharpe Ratio is 2.62, which is higher than the NLCP Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of AXIA and NLCP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AXIA	NLCP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	0.68	+1.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	-0.17	+0.23

Drawdowns

AXIA vs. NLCP - Drawdown Comparison

The maximum AXIA drawdown since its inception was -93.65%, which is greater than NLCP's maximum drawdown of -58.59%. Use the drawdown chart below to compare losses from any high point for AXIA and NLCP.

Drawdown Indicators

	AXIA	NLCP	Difference
Max Drawdown Largest peak-to-trough decline	-93.65%	-58.59%	-35.06%
Max Drawdown (1Y) Largest decline over 1 year	-24.27%	-14.78%	-9.49%
Max Drawdown (3Y) Largest decline over 3 years	-38.66%	-35.06%	-3.60%
Max Drawdown (5Y) Largest decline over 5 years	-45.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.80%	—	—
Current Drawdown Current decline from peak	-22.93%	-27.36%	+4.43%
Average Drawdown Average peak-to-trough decline	-56.70%	-33.76%	-22.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.08%	7.16%	-0.08%

Volatility

AXIA vs. NLCP - Volatility Comparison

AXIA Energia SA (AXIA) has a higher volatility of 11.32% compared to NewLake Capital Partners, Inc. (NLCP) at 8.87%. This indicates that AXIA's price experiences larger fluctuations and is considered to be riskier than NLCP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AXIA	NLCP	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.32%	8.87%	+2.45%
Volatility (6M) Calculated over the trailing 6-month period	28.90%	19.39%	+9.51%
Volatility (1Y) Calculated over the trailing 1-year period	35.33%	23.68%	+11.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.52%	29.97%	+7.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.11%	29.97%	+65.14%

Dividends

AXIA vs. NLCP - Dividend Comparison

AXIA's dividend yield for the trailing twelve months is around 5.16%, less than NLCP's 11.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AXIA AXIA Energia SA	5.16%	7.19%	3.85%	0.51%	1.89%	7.32%	4.38%	2.21%
NLCP NewLake Capital Partners, Inc.	11.58%	10.80%	9.71%	9.81%	8.99%	1.50%	0.00%	0.00%

Financials

AXIA vs. NLCP - Profitability Comparison

The chart below illustrates the profitability comparison between AXIA Energia SA and NewLake Capital Partners, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AXIA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AXIA Energia SA reported a gross profit of 7.31B and revenue of 12.47B. Therefore, the gross margin over that period was 58.6%.

NLCP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NewLake Capital Partners, Inc. reported a gross profit of 0.00 and revenue of 12.31M. Therefore, the gross margin over that period was 0.0%.

AXIA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AXIA Energia SA reported an operating income of 5.59B and revenue of 12.47B, resulting in an operating margin of 44.8%.

NLCP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NewLake Capital Partners, Inc. reported an operating income of 6.01M and revenue of 12.31M, resulting in an operating margin of 48.9%.

AXIA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AXIA Energia SA reported a net income of 2.58B and revenue of 12.47B, resulting in a net margin of 20.7%.

NLCP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NewLake Capital Partners, Inc. reported a net income of 5.78M and revenue of 12.31M, resulting in a net margin of 46.9%.

Frequently Asked Questions

Can I hold both AXIA and NLCP in my portfolio?

AXIA and NLCP have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AXIA or NLCP?

AXIA has higher volatility (11.32%) compared to NLCP (8.87%). In terms of maximum drawdown, AXIA dropped -93.65% vs NLCP's -58.59%.

Which has better risk-adjusted returns?

AXIA currently has the higher Sharpe Ratio (2.62 vs 0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.