FNB vs. NLY
FNB (F.N.B. Corporation) and NLY (Annaly Capital Management, Inc.) are both stocks. FNB operates in Banks - Regional (Financial Services), while NLY operates in REIT - Mortgage (Real Estate). Over the past 10 years, FNB returned 9.12%/yr vs 6.03%/yr for NLY. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
FNB vs. NLY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FNB achieves a 12.15% return, which is significantly higher than NLY's 8.59% return. Over the past 10 years, FNB has outperformed NLY with an annualized return of 9.12%, while NLY has yielded a comparatively lower 6.03% annualized return.
FNB
- 1D
- -0.47%
- 1M
- -0.68%
- 6M
- 9.27%
- YTD
- 12.15%
- 1Y
- 30.93%
- 3Y*
- 17.91%
- 5Y*
- 14.51%
- 10Y*
- 9.12%
- ALL TIME*
- 6.65%
NLY
- 1D
- -1.56%
- 1M
- 0.71%
- 6M
- 5.52%
- YTD
- 8.59%
- 1Y
- 26.32%
- 3Y*
- 19.32%
- 5Y*
- 5.63%
- 10Y*
- 6.03%
- ALL TIME*
- 9.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $108.69M | $123.77M | $98.31M | |
| $189.27M | $166.36M | $168.00M |
FNB vs. NLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNB F.N.B. Corporation | 12.15% | 19.37% | 10.96% | 9.76% | 11.74% | 32.83% | -20.81% | 34.49% | -26.16% | -7.76% |
NLY Annaly Capital Management, Inc. | 8.59% | 40.00% | 8.07% | 4.94% | -21.41% | 2.48% | 2.38% | 7.22% | -7.22% | 31.92% |
Correlation
The correlation between FNB and NLY is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 1997 | 0.31 |
The correlation between FNB and NLY shifts across timeframes, from 0.31 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FNB:
$6.73B
NLY:
$17.05B
FNB:
$1.68
NLY:
$4.25
FNB:
11.27
NLY:
5.34
FNB:
2.51
NLY:
4.61
FNB:
0.99
NLY:
1.10
FNB:
$2.71B
NLY:
$3.42B
FNB:
$1.75B
NLY:
$3.40B
FNB:
$780.74M
NLY:
$8.16B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FNB vs. NLY — Risk / Return Rank
FNB
NLY
FNB vs. NLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for F.N.B. Corporation (FNB) 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.
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.
| FNB | NLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 1.85 | -0.13 |
| Martin ratioReturn relative to average drawdown | 4.67 | 5.29 | -0.62 |
Loading charts...
Drawdowns
FNB vs. NLY - Drawdown Comparison
The maximum FNB drawdown since its inception was -69.60%, which is greater than NLY's maximum drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for FNB and NLY.
Loading charts...
Drawdown Indicators
| FNB | NLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.60% | -60.09% | -9.51% |
Max Drawdown (1Y)Largest decline over 1 year | -15.74% | -14.88% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -32.59% | -26.28% | -6.31% |
Max Drawdown (5Y)Largest decline over 5 years | -32.59% | -50.21% | +17.62% |
Max Drawdown (10Y)Largest decline over 10 years | -60.11% | -60.09% | -0.02% |
Current DrawdownCurrent decline from peak | -3.03% | -2.99% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -18.26% | -13.78% | -4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.81% | 5.20% | +0.61% |
Volatility
FNB vs. NLY - Volatility Comparison
F.N.B. Corporation (FNB) has a higher volatility of 6.36% compared to Annaly Capital Management, Inc. (NLY) at 6.05%. This indicates that FNB's price experiences larger fluctuations and is considered to be riskier than NLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FNB | NLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.36% | 6.05% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 17.35% | 15.18% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.07% | 19.60% | +5.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.86% | 25.52% | +3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.22% | 28.19% | +7.03% |
Dividends
FNB vs. NLY - Dividend Comparison
FNB's dividend yield for the trailing twelve months is around 2.59%, less than NLY's 12.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNB F.N.B. Corporation | 2.59% | 2.81% | 3.25% | 3.49% | 3.68% | 3.96% | 5.05% | 3.78% | 4.88% | 6.75% | 2.99% | 3.60% |
NLY Annaly Capital Management, Inc. | 12.54% | 12.52% | 14.21% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% |
Financials
FNB vs. NLY - Financials Comparison
This section allows you to compare key financial metrics between F.N.B. Corporation and Annaly Capital Management, 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
FNB vs. NLY - Profitability Comparison
FNB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, F.N.B. Corporation reported a gross profit of 441.31M and revenue of 674.96M. Therefore, the gross margin over that period was 65.4%.
NLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Annaly Capital Management, Inc. reported a gross profit of -1.61B and revenue of -1.63B. Therefore, the gross margin over that period was 98.9%.
FNB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, F.N.B. Corporation reported an operating income of 188.06M and revenue of 674.96M, resulting in an operating margin of 27.9%.
NLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Annaly Capital Management, Inc. reported an operating income of -1.56B and revenue of -1.63B, resulting in an operating margin of 95.8%.
FNB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, F.N.B. Corporation reported a net income of 148.72M and revenue of 674.96M, resulting in a net margin of 22.0%.
NLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Annaly Capital Management, Inc. reported a net income of 822.67M and revenue of -1.63B, resulting in a net margin of -50.5%.
Frequently Asked Questions
FNB and NLY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNB has higher volatility (6.36%) compared to NLY (6.05%). In terms of maximum drawdown, FNB dropped -69.60% vs NLY's -60.09%.
NLY currently has the higher Sharpe Ratio (1.41 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.
Find the right allocation for FNB and NLY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer