FNMA vs. MSI
FNMA (Federal National Mortgage Association) and MSI (Motorola Solutions, Inc.) are both stocks. FNMA operates in Mortgage Finance (Financial Services), while MSI operates in Communication Equipment (Technology). Over the past 10 years, FNMA returned 12.27%/yr vs 21.65%/yr for MSI. At a 0.22 correlation, their price movements are largely independent.
Performance
FNMA vs. MSI - Performance Comparison
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Returns By Period
In the year-to-date period, FNMA achieves a -39.52% return, which is significantly lower than MSI's 7.83% return. Over the past 10 years, FNMA has underperformed MSI with an annualized return of 12.27%, while MSI has yielded a comparatively higher 21.65% annualized 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%
MSI
- 1D
- 0.46%
- 1M
- 4.82%
- YTD
- 7.83%
- 6M
- 13.71%
- 1Y
- 1.85%
- 3Y*
- 15.02%
- 5Y*
- 15.56%
- 10Y*
- 21.65%
FNMA vs. MSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNMA Federal National Mortgage Association | -39.52% | 227.13% | 206.54% | 202.77% | -56.90% | -65.69% | -23.40% | 194.34% | -60.00% | -32.05% |
MSI Motorola Solutions, Inc. | 7.83% | -16.17% | 49.12% | 23.04% | -3.81% | 61.90% | 7.35% | 42.19% | 29.64% | 11.44% |
Correlation
The correlation between FNMA and MSI 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 | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1977 | 0.22 |
Over the past year, the correlation between FNMA and MSI has dropped to 0.01 - well below their long-term average of 0.22, suggesting their price drivers have been diverging.
Fundamentals
FNMA:
$38.25B
MSI:
$69.26B
FNMA:
$2.77
MSI:
$12.42
FNMA:
2.34
MSI:
33.20
FNMA:
0.00
MSI:
2.03
FNMA:
0.24
MSI:
5.85
FNMA:
$161.03B
MSI:
$11.87B
FNMA:
$117.99B
MSI:
$5.92B
FNMA:
$111.39B
MSI:
$3.35B
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Return for Risk
FNMA vs. MSI — Risk / Return Rank
FNMA
MSI
FNMA vs. MSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federal National Mortgage Association (FNMA) and Motorola Solutions, Inc. (MSI). 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 | MSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.03 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 0.04 | -0.53 |
| Martin ratioReturn relative to average drawdown | -0.91 | 0.07 | -0.98 |
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Drawdowns
FNMA vs. MSI - Drawdown Comparison
The maximum FNMA drawdown since its inception was -99.74%, which is greater than MSI's maximum drawdown of -93.60%. Use the drawdown chart below to compare losses from any high point for FNMA and MSI.
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Drawdown Indicators
| FNMA | MSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.74% | -93.60% | -6.14% |
Max Drawdown (1Y)Largest decline over 1 year | -69.76% | -25.45% | -44.31% |
Max Drawdown (3Y)Largest decline over 3 years | -69.76% | -27.01% | -42.75% |
Max Drawdown (5Y)Largest decline over 5 years | -84.50% | -27.23% | -57.27% |
Max Drawdown (10Y)Largest decline over 10 years | -92.13% | -32.81% | -59.32% |
Current DrawdownCurrent decline from peak | -91.14% | -17.00% | -74.14% |
Average DrawdownAverage peak-to-trough decline | -46.18% | -40.70% | -5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.56% | 13.22% | +24.34% |
Volatility
FNMA vs. MSI - Volatility Comparison
Federal National Mortgage Association (FNMA) has a higher volatility of 18.31% compared to Motorola Solutions, Inc. (MSI) at 7.28%. This indicates that FNMA's price experiences larger fluctuations and is considered to be riskier than MSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNMA | MSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.31% | 7.28% | +11.03% |
Volatility (6M)Calculated over the trailing 6-month period | 66.11% | 19.70% | +46.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.38% | 23.76% | +69.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.93% | 23.06% | +68.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.90% | 25.15% | +56.75% |
Dividends
FNMA vs. MSI - Dividend Comparison
FNMA has not paid dividends to shareholders, while MSI's dividend yield for the trailing twelve months is around 1.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNMA Federal National Mortgage Association | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSI Motorola Solutions, Inc. | 0.85% | 1.17% | 0.87% | 1.16% | 1.26% | 1.07% | 1.55% | 1.46% | 1.85% | 2.14% | 2.05% | 2.09% |
Financials
FNMA vs. MSI - Financials Comparison
This section allows you to compare key financial metrics between Federal National Mortgage Association and Motorola Solutions, 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
FNMA vs. MSI - 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%.
MSI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Motorola Solutions, Inc. reported a gross profit of 1.36B and revenue of 2.71B. Therefore, the gross margin over that period was 50.2%.
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%.
MSI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Motorola Solutions, Inc. reported an operating income of 525.00M and revenue of 2.71B, resulting in an operating margin of 19.3%.
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%.
MSI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Motorola Solutions, Inc. reported a net income of 368.00M and revenue of 2.71B, resulting in a net margin of 13.6%.
Frequently Asked Questions
FNMA and MSI 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.
FNMA has higher volatility (18.31%) compared to MSI (7.28%). In terms of maximum drawdown, FNMA dropped -99.74% vs MSI's -93.60%.
MSI currently has the higher Sharpe Ratio (0.04 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.
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