FNMAS vs. WMT
FNMAS (Federal National Mortgage Association) and WMT (Walmart Inc.) are both stocks. FNMAS operates in Mortgage Finance (Financial Services), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, FNMAS returned 10.27%/yr vs 19.77%/yr for WMT. At a 0.06 correlation, their price movements are largely independent.
Performance
FNMAS vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, FNMAS achieves a -22.19% return, which is significantly lower than WMT's 9.07% return. Over the past 10 years, FNMAS has underperformed WMT with an annualized return of 10.27%, while WMT has yielded a comparatively higher 19.77% annualized return.
FNMAS
- 1D
- 2.16%
- 1M
- -9.47%
- YTD
- -22.19%
- 6M
- -19.00%
- 1Y
- -16.61%
- 3Y*
- 94.92%
- 5Y*
- 11.98%
- 10Y*
- 10.27%
WMT
- 1D
- 0.45%
- 1M
- -7.92%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 29.24%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
FNMAS vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNMAS Federal National Mortgage Association | -22.19% | 27.66% | 270.50% | 37.61% | -25.00% | -63.64% | -28.20% | 71.94% | -21.02% | 10.00% |
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between FNMAS and WMT 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 | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.06 |
Fundamentals
FNMAS:
$69.83B
WMT:
$968.20B
FNMAS:
$2.77
WMT:
$2.88
FNMAS:
4.28
WMT:
42.04
FNMAS:
0.00
WMT:
2.75
FNMAS:
0.43
WMT:
1.34
FNMAS:
$160.91B
WMT:
$725.31B
FNMAS:
$85.61B
WMT:
$181.16B
FNMAS:
$143.41B
WMT:
$44.32B
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Return for Risk
FNMAS vs. WMT — Risk / Return Rank
FNMAS
WMT
FNMAS vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federal National Mortgage Association (FNMAS) and Walmart Inc. (WMT). 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.
| FNMAS | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.23 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 1.83 | -2.28 |
| Martin ratioReturn relative to average drawdown | -0.88 | 5.82 | -6.70 |
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Drawdowns
FNMAS vs. WMT - Drawdown Comparison
The maximum FNMAS drawdown since its inception was -89.36%, which is greater than WMT's maximum drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for FNMAS and WMT.
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Drawdown Indicators
| FNMAS | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.36% | -77.14% | -12.22% |
Max Drawdown (1Y)Largest decline over 1 year | -38.53% | -15.75% | -22.78% |
Max Drawdown (3Y)Largest decline over 3 years | -38.53% | -21.93% | -16.60% |
Max Drawdown (5Y)Largest decline over 5 years | -78.07% | -25.74% | -52.33% |
Max Drawdown (10Y)Largest decline over 10 years | -89.36% | -25.74% | -63.62% |
Current DrawdownCurrent decline from peak | -32.56% | -9.81% | -22.75% |
Average DrawdownAverage peak-to-trough decline | -42.63% | -14.63% | -28.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.59% | 4.94% | +14.65% |
Volatility
FNMAS vs. WMT - Volatility Comparison
Federal National Mortgage Association (FNMAS) and Walmart Inc. (WMT) have volatilities of 10.03% and 9.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNMAS | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.03% | 9.86% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 32.80% | 18.49% | +14.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.83% | 23.67% | +16.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.77% | 21.68% | +45.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.22% | 21.73% | +39.49% |
Dividends
FNMAS vs. WMT - Dividend Comparison
FNMAS has not paid dividends to shareholders, while WMT's dividend yield for the trailing twelve months is around 0.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNMAS 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% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
FNMAS vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between Federal National Mortgage Association and Walmart 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
FNMAS vs. WMT - Profitability Comparison
FNMAS - 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%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
FNMAS - 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%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
FNMAS - 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%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
FNMAS and WMT 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.
FNMAS has higher volatility (10.03%) compared to WMT (9.86%). In terms of maximum drawdown, FNMAS dropped -89.36% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (1.22 vs -0.43), 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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