FNMA vs. LIN
FNMA (Federal National Mortgage Association) and LIN (Linde plc) are both stocks. FNMA operates in Mortgage Finance (Financial Services), while LIN operates in Specialty Chemicals (Basic Materials). Over the past 5 years, FNMA returned 22.01%/yr vs 13.98%/yr for LIN. At a 0.14 correlation, their price movements are largely independent.
Performance
FNMA vs. LIN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FNMA achieves a -39.52% return, which is significantly lower than LIN's 23.59% return.
FNMA
- 1D
- 2.72%
- 1M
- -16.90%
- YTD
- -39.52%
- 6M
- -39.35%
- 1Y
- -32.56%
- 3Y*
- 145.80%
- 5Y*
- 22.01%
- 10Y*
- 12.27%
LIN
- 1D
- 1.58%
- 1M
- 3.78%
- YTD
- 23.59%
- 6M
- 26.61%
- 1Y
- 13.87%
- 3Y*
- 13.38%
- 5Y*
- 13.98%
- 10Y*
- —
FNMA vs. LIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FNMA Federal National Mortgage Association | -39.52% | 227.13% | 206.54% | 202.77% | -56.90% | -65.69% | -23.40% | 194.34% | -26.39% |
LIN Linde plc | 23.59% | 3.22% | 3.18% | 27.66% | -4.39% | 33.39% | 25.88% | 39.04% | -5.26% |
Correlation
The correlation between FNMA and LIN is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2018 | 0.14 |
The correlation between FNMA and LIN shifts across timeframes, from 0.02 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FNMA:
$38.25B
LIN:
$244.15B
FNMA:
$2.77
LIN:
$15.16
FNMA:
2.34
LIN:
34.54
FNMA:
0.00
LIN:
1.72
FNMA:
0.24
LIN:
7.10
FNMA:
$161.03B
LIN:
$34.66B
FNMA:
$117.99B
LIN:
$15.94B
FNMA:
$111.39B
LIN:
$12.31B
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
FNMA vs. LIN — Risk / Return Rank
FNMA
LIN
FNMA vs. LIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federal National Mortgage Association (FNMA) and Linde plc (LIN). 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.
| FNMA | LIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.13 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 0.67 | -1.16 |
| Martin ratioReturn relative to average drawdown | -0.91 | 1.89 | -2.80 |
Loading charts...
Drawdowns
FNMA vs. LIN - Drawdown Comparison
The maximum FNMA drawdown since its inception was -99.74%, which is greater than LIN's maximum drawdown of -32.59%. Use the drawdown chart below to compare losses from any high point for FNMA and LIN.
Loading charts...
Drawdown Indicators
| FNMA | LIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.74% | -32.59% | -67.15% |
Max Drawdown (1Y)Largest decline over 1 year | -69.76% | -19.18% | -50.58% |
Max Drawdown (3Y)Largest decline over 3 years | -69.76% | -19.18% | -50.58% |
Max Drawdown (5Y)Largest decline over 5 years | -84.50% | -22.82% | -61.68% |
Max Drawdown (10Y)Largest decline over 10 years | -92.13% | — | — |
Current DrawdownCurrent decline from peak | -91.14% | 0.00% | -91.14% |
Average DrawdownAverage peak-to-trough decline | -46.18% | -5.41% | -40.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.56% | 6.79% | +30.77% |
Volatility
FNMA vs. LIN - Volatility Comparison
Federal National Mortgage Association (FNMA) has a higher volatility of 18.31% compared to Linde plc (LIN) at 5.57%. This indicates that FNMA's price experiences larger fluctuations and is considered to be riskier than LIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FNMA | LIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.31% | 5.57% | +12.74% |
Volatility (6M)Calculated over the trailing 6-month period | 66.11% | 13.53% | +52.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.38% | 17.24% | +76.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.93% | 20.79% | +71.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.90% | 24.08% | +57.82% |
Dividends
FNMA vs. LIN - Dividend Comparison
FNMA has not paid dividends to shareholders, while LIN's dividend yield for the trailing twelve months is around 1.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FNMA Federal National Mortgage Association | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LIN Linde plc | 1.18% | 1.41% | 1.33% | 1.24% | 1.43% | 1.22% | 1.46% | 1.64% | 0.53% |
Financials
FNMA vs. LIN - Financials Comparison
This section allows you to compare key financial metrics between Federal National Mortgage Association and Linde plc. 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
FNMA vs. LIN - Profitability Comparison
FNMA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
LIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Linde plc reported a gross profit of 4.26B and revenue of 8.78B. Therefore, the gross margin over that period was 48.5%.
FNMA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
LIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Linde plc reported an operating income of 3.26B and revenue of 8.78B, resulting in an operating margin of 37.2%.
FNMA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
LIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Linde plc reported a net income of 1.86B and revenue of 8.78B, resulting in a net margin of 21.2%.
Frequently Asked Questions
FNMA and LIN have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNMA has higher volatility (18.31%) compared to LIN (5.57%). In terms of maximum drawdown, FNMA dropped -99.74% vs LIN's -32.59%.
LIN currently has the higher Sharpe Ratio (0.74 vs -0.37), 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 FNMA and LIN
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