BYRN vs. FNMAS
BYRN (Byrna Technologies Inc.) and FNMAS (Federal National Mortgage Association) are both stocks. BYRN operates in Aerospace & Defense (Industrials), while FNMAS operates in Mortgage Finance (Financial Services). Over the past 10 years, BYRN returned 2.85%/yr vs 8.08%/yr for FNMAS. At a 0.05 correlation, their price movements are largely independent.
Performance
BYRN vs. FNMAS - Performance Comparison
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Returns By Period
In the year-to-date period, BYRN achieves a -81.06% return, which is significantly lower than FNMAS's -38.02% return. Over the past 10 years, BYRN has underperformed FNMAS with an annualized return of 2.85%, while FNMAS has yielded a comparatively higher 8.08% annualized return.
BYRN
- 1D
- -4.79%
- 1M
- -46.10%
- 6M
- -81.13%
- YTD
- -81.06%
- 1Y
- -85.37%
- 3Y*
- -7.28%
- 5Y*
- -33.16%
- 10Y*
- 2.85%
- ALL TIME*
- 1.57%
FNMAS
- 1D
- -0.11%
- 1M
- -20.67%
- 6M
- -24.12%
- YTD
- -38.02%
- 1Y
- -37.85%
- 3Y*
- 61.53%
- 5Y*
- 35.85%
- 10Y*
- 8.08%
- ALL TIME*
- 9.87%
BYRN vs. FNMAS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BYRN Byrna Technologies Inc. | -81.06% | -41.72% | 350.86% | -18.49% | -41.27% | -7.93% | 663.16% | 26.67% | 7.14% | -30.00% |
FNMAS Federal National Mortgage Association | -38.02% | 27.66% | 270.50% | 37.61% | -25.00% | -63.64% | -28.20% | 71.94% | -21.02% | 10.00% |
Correlation
The correlation between BYRN and FNMAS is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.05 |
Fundamentals
BYRN:
$72.16M
FNMAS:
$7.41B
BYRN:
-$0.16
FNMAS:
$2.77
BYRN:
0.69
FNMAS:
0.35
BYRN:
$108.86M
FNMAS:
$160.91B
BYRN:
$57.17M
FNMAS:
$85.61B
BYRN:
-$3.55M
FNMAS:
$143.41B
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Return for Risk
BYRN vs. FNMAS — Risk / Return Rank
BYRN
FNMAS
BYRN vs. FNMAS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Byrna Technologies Inc. (BYRN) and Federal National Mortgage Association (FNMAS). 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.
| BYRN | FNMAS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 0.68 | 0.83 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | -0.82 | -0.15 |
| Martin ratioReturn relative to average drawdown | -1.61 | -1.65 | +0.04 |
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Drawdowns
BYRN vs. FNMAS - Drawdown Comparison
The maximum BYRN drawdown since its inception was -92.51%, roughly equal to the maximum FNMAS drawdown of -89.36%. Use the drawdown chart below to compare losses from any high point for BYRN and FNMAS.
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Drawdown Indicators
| BYRN | FNMAS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.51% | -89.36% | -3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -88.49% | -46.27% | -42.22% |
Max Drawdown (3Y)Largest decline over 3 years | -90.70% | -46.27% | -44.43% |
Max Drawdown (5Y)Largest decline over 5 years | -92.51% | -63.55% | -28.96% |
Max Drawdown (10Y)Largest decline over 10 years | -92.51% | -89.36% | -3.15% |
Current DrawdownCurrent decline from peak | -90.70% | -46.27% | -44.43% |
Average DrawdownAverage peak-to-trough decline | -52.56% | -42.60% | -9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.97% | 23.00% | +29.97% |
Volatility
BYRN vs. FNMAS - Volatility Comparison
Byrna Technologies Inc. (BYRN) has a higher volatility of 46.03% compared to Federal National Mortgage Association (FNMAS) at 6.34%. This indicates that BYRN's price experiences larger fluctuations and is considered to be riskier than FNMAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BYRN | FNMAS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 46.03% | 6.34% | +39.69% |
Volatility (6M)Calculated over the trailing 6-month period | 74.23% | 32.33% | +41.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.65% | 40.20% | +39.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.01% | 60.00% | +15.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.25% | 61.27% | +34.98% |
Dividends
BYRN vs. FNMAS - Dividend Comparison
Neither BYRN nor FNMAS has paid dividends to shareholders.
Financials
BYRN vs. FNMAS - Financials Comparison
This section allows you to compare key financial metrics between Byrna Technologies Inc. and Federal National Mortgage Association. 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
BYRN vs. FNMAS - Profitability Comparison
BYRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported a gross profit of 1.78M and revenue of 16.39M. Therefore, the gross margin over that period was 10.9%.
FNMAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Federal National Mortgage Association reported a gross profit of 0.00 and revenue of 40.22B. Therefore, the gross margin over that period was 0.0%.
BYRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported an operating income of -12.85M and revenue of 16.39M, resulting in an operating margin of -78.4%.
FNMAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Federal National Mortgage Association reported an operating income of 0.00 and revenue of 40.22B, resulting in an operating margin of 0.0%.
BYRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported a net income of -10.09M and revenue of 16.39M, resulting in a net margin of -61.6%.
FNMAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Federal National Mortgage Association reported a net income of 5.61B and revenue of 40.22B, resulting in a net margin of 13.9%.
Frequently Asked Questions
BYRN and FNMAS have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BYRN has higher volatility (46.03%) compared to FNMAS (6.34%). In terms of maximum drawdown, BYRN dropped -92.51% vs FNMAS's -89.36%.
FNMAS currently has the higher Sharpe Ratio (-0.95 vs -1.08), 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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