CBL vs. NXDT
CBL (CBL & Associates Properties, Inc.) and NXDT (NexPoint Strategic Opportunities Fund) are both stocks. Over the past 3 years, CBL returned 35.85%/yr vs -11.33%/yr for NXDT. At a 0.36 correlation, their price movements are largely independent.
Performance
CBL vs. NXDT - Performance Comparison
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Returns By Period
In the year-to-date period, CBL achieves a 30.54% return, which is significantly lower than NXDT's 45.26% return.
CBL
- 1D
- 0.11%
- 1M
- 8.57%
- YTD
- 30.54%
- 6M
- 35.64%
- 1Y
- 103.20%
- 3Y*
- 35.85%
- 5Y*
- —
- 10Y*
- —
NXDT
- 1D
- -0.57%
- 1M
- 3.28%
- YTD
- 45.26%
- 6M
- 104.54%
- 1Y
- 59.25%
- 3Y*
- -11.33%
- 5Y*
- —
- 10Y*
- —
CBL vs. NXDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CBL CBL & Associates Properties, Inc. | 30.54% | 37.21% | 28.52% | 12.96% | -17.96% | -2.68% |
NXDT NexPoint Strategic Opportunities Fund | 45.26% | -25.84% | -15.05% | -24.89% | -13.96% | -6.00% |
Correlation
The correlation between CBL and NXDT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021 | 0.36 |
The correlation between CBL and NXDT shifts across timeframes, from 0.24 (1 year) to 0.36 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
CBL:
$1.46B
NXDT:
$241.90M
CBL:
$5.57
NXDT:
-$2.72
CBL:
2.53
NXDT:
2.83
CBL:
3.66
NXDT:
0.35
CBL:
$582.57M
NXDT:
$85.97M
CBL:
$139.43M
NXDT:
$79.71M
CBL:
$413.31M
NXDT:
-$110.83M
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Return for Risk
CBL vs. NXDT — Risk / Return Rank
CBL
NXDT
CBL vs. NXDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CBL & Associates Properties, Inc. (CBL) and NexPoint Strategic Opportunities Fund (NXDT). 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.
| CBL | NXDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.94 | ||
| Sortino ratioReturn per unit of downside risk | +3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.19 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 8.38 | 1.28 | +7.11 |
| Martin ratioReturn relative to average drawdown | 28.28 | 2.90 | +25.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CBL | NXDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.90 | 0.96 | +2.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | -0.27 | +0.87 |
Drawdowns
CBL vs. NXDT - Drawdown Comparison
The maximum CBL drawdown since its inception was -34.02%, smaller than the maximum NXDT drawdown of -79.33%. Use the drawdown chart below to compare losses from any high point for CBL and NXDT.
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Drawdown Indicators
| CBL | NXDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.02% | -79.33% | +45.31% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -46.65% | +34.34% |
Max Drawdown (3Y)Largest decline over 3 years | -29.14% | -73.14% | +44.00% |
Current DrawdownCurrent decline from peak | -1.98% | -54.90% | +52.92% |
Average DrawdownAverage peak-to-trough decline | -12.48% | -45.01% | +32.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 20.46% | -16.81% |
Volatility
CBL vs. NXDT - Volatility Comparison
The current volatility for CBL & Associates Properties, Inc. (CBL) is 9.41%, while NexPoint Strategic Opportunities Fund (NXDT) has a volatility of 17.25%. This indicates that CBL experiences smaller price fluctuations and is considered to be less risky than NXDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBL | NXDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.41% | 17.25% | -7.84% |
Volatility (6M)Calculated over the trailing 6-month period | 19.44% | 47.99% | -28.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.47% | 61.83% | -35.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.64% | 45.28% | -13.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.64% | 45.28% | -13.64% |
Dividends
CBL vs. NXDT - Dividend Comparison
CBL's dividend yield for the trailing twelve months is around 4.05%, less than NXDT's 11.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CBL CBL & Associates Properties, Inc. | 4.05% | 6.76% | 5.44% | 6.14% | 12.78% | 0.00% |
NXDT NexPoint Strategic Opportunities Fund | 11.47% | 15.67% | 9.84% | 7.55% | 5.35% | 0.74% |
Financials
CBL vs. NXDT - Financials Comparison
This section allows you to compare key financial metrics between CBL & Associates Properties, Inc. and NexPoint Strategic Opportunities Fund. 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
Frequently Asked Questions
CBL and NXDT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXDT has higher volatility (17.25%) compared to CBL (9.41%). In terms of maximum drawdown, CBL dropped -34.02% vs NXDT's -79.33%.
CBL currently has the higher Sharpe Ratio (3.90 vs 0.96), 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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