BX vs. NFLX
BX (Blackstone Inc.) and NFLX (Netflix, Inc.) are both stocks. BX operates in Asset Management (Financial Services), while NFLX operates in Entertainment (Communication Services). Over the past 10 years, BX returned 22.59%/yr vs 23.92%/yr for NFLX. At a 0.30 correlation, their price movements are largely independent.
Performance
BX vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, BX achieves a -18.67% return, which is significantly lower than NFLX's -14.31% return. Over the past 10 years, BX has underperformed NFLX with an annualized return of 22.59%, while NFLX has yielded a comparatively higher 23.92% annualized return.
BX
- 1D
- 1.58%
- 1M
- 4.16%
- YTD
- -18.67%
- 6M
- -17.07%
- 1Y
- -6.72%
- 3Y*
- 14.11%
- 5Y*
- 8.83%
- 10Y*
- 22.59%
NFLX
- 1D
- -1.14%
- 1M
- -7.68%
- YTD
- -14.31%
- 6M
- -15.60%
- 1Y
- -33.72%
- 3Y*
- 22.62%
- 5Y*
- 10.45%
- 10Y*
- 23.92%
BX vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | -18.67% | -7.84% | 35.07% | 82.75% | -40.01% | 107.11% | 19.78% | 96.33% | 0.10% | 27.34% |
NFLX Netflix, Inc. | -14.31% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between BX and NFLX is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2007 | 0.30 |
Over the past year, the correlation between BX and NFLX has dropped to 0.07 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
BX:
$96.22B
NFLX:
$345.34B
BX:
$3.90
NFLX:
$3.09
BX:
31.45
NFLX:
25.99
BX:
11.56
NFLX:
1.03
BX:
6.41
NFLX:
7.41
BX:
11.50
NFLX:
11.09
BX:
$14.99B
NFLX:
$46.89B
BX:
$13.12B
NFLX:
$22.99B
BX:
$7.37B
NFLX:
$26.91B
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Return for Risk
BX vs. NFLX — Risk / Return Rank
BX
NFLX
BX vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Inc. (BX) and Netflix, Inc. (NFLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BX | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.81 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.78 | +0.57 |
| Martin ratioReturn relative to average drawdown | -0.40 | -1.35 | +0.95 |
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Drawdowns
BX vs. NFLX - Drawdown Comparison
The maximum BX drawdown since its inception was -88.09%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for BX and NFLX.
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Drawdown Indicators
| BX | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.09% | -81.99% | -6.10% |
Max Drawdown (1Y)Largest decline over 1 year | -44.76% | -43.35% | -1.41% |
Max Drawdown (3Y)Largest decline over 3 years | -46.50% | -43.35% | -3.15% |
Max Drawdown (5Y)Largest decline over 5 years | -49.29% | -75.95% | +26.66% |
Max Drawdown (10Y)Largest decline over 10 years | -49.29% | -75.95% | +26.66% |
Current DrawdownCurrent decline from peak | -35.07% | -40.01% | +4.94% |
Average DrawdownAverage peak-to-trough decline | -26.39% | -24.91% | -1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.20% | 25.19% | -0.99% |
Volatility
BX vs. NFLX - Volatility Comparison
Blackstone Inc. (BX) has a higher volatility of 12.67% compared to Netflix, Inc. (NFLX) at 5.85%. This indicates that BX's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BX | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 5.85% | +6.82% |
Volatility (6M)Calculated over the trailing 6-month period | 28.51% | 24.58% | +3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.98% | 33.05% | +1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.41% | 43.09% | -3.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.79% | 41.49% | -5.70% |
Dividends
BX vs. NFLX - Dividend Comparison
BX's dividend yield for the trailing twelve months is around 4.05%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | 4.05% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BX vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Blackstone Inc. and Netflix, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BX vs. NFLX - Profitability Comparison
BX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a gross profit of 4.04B and revenue of 4.10B. Therefore, the gross margin over that period was 98.5%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
BX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported an operating income of 1.59B and revenue of 4.10B, resulting in an operating margin of 38.8%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
BX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a net income of 649.73M and revenue of 4.10B, resulting in a net margin of 15.8%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
BX and NFLX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BX has higher volatility (12.67%) compared to NFLX (5.85%). In terms of maximum drawdown, BX dropped -88.09% vs NFLX's -81.99%.
BX currently has the higher Sharpe Ratio (-0.28 vs -1.03), 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.
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