FR vs. NRG
FR (First Industrial Realty Trust, Inc.) and NRG (NRG Energy, Inc.) are both stocks. FR operates in REIT - Industrial (Real Estate), while NRG operates in Utilities - Independent Power Producers (Utilities). Over the past 10 years, FR returned 12.04%/yr vs 28.30%/yr for NRG. At a 0.32 correlation, their price movements are largely independent.
Performance
FR vs. NRG - Performance Comparison
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Returns By Period
In the year-to-date period, FR achieves a 12.08% return, which is significantly higher than NRG's -13.02% return. Over the past 10 years, FR has underperformed NRG with an annualized return of 12.04%, while NRG has yielded a comparatively higher 28.30% annualized return.
FR
- 1D
- 0.81%
- 1M
- 0.55%
- YTD
- 12.08%
- 6M
- 12.87%
- 1Y
- 31.41%
- 3Y*
- 11.63%
- 5Y*
- 6.73%
- 10Y*
- 12.04%
NRG
- 1D
- -0.90%
- 1M
- 0.01%
- YTD
- -13.02%
- 6M
- -12.39%
- 1Y
- -8.43%
- 3Y*
- 61.61%
- 5Y*
- 33.25%
- 10Y*
- 28.30%
FR vs. NRG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FR First Industrial Realty Trust, Inc. | 12.08% | 18.17% | -2.01% | 11.91% | -25.37% | 60.33% | 4.24% | 47.37% | -5.61% | 15.50% |
NRG NRG Energy, Inc. | -13.02% | 78.91% | 78.58% | 69.36% | -23.47% | 18.54% | -2.14% | 0.69% | 39.59% | 133.69% |
Correlation
The correlation between FR and NRG is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2003 | 0.32 |
The correlation between FR and NRG shifts across timeframes, from 0.17 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FR:
$3.57
NRG:
$1.21
FR:
17.81
NRG:
113.67
FR:
8.49
NRG:
0.84
FR:
$744.49M
NRG:
$32.38B
FR:
$450.27M
NRG:
$4.69B
FR:
$506.99M
NRG:
$2.57B
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Return for Risk
FR vs. NRG — Risk / Return Rank
FR
NRG
FR vs. NRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Industrial Realty Trust, Inc. (FR) and NRG Energy, Inc. (NRG). 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.
| FR | NRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.01 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | -0.25 | +3.33 |
| Martin ratioReturn relative to average drawdown | 9.54 | -0.59 | +10.13 |
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Drawdowns
FR vs. NRG - Drawdown Comparison
The maximum FR drawdown since its inception was -95.42%, which is greater than NRG's maximum drawdown of -79.41%. Use the drawdown chart below to compare losses from any high point for FR and NRG.
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Drawdown Indicators
| FR | NRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.42% | -79.41% | -16.01% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -34.24% | +24.00% |
Max Drawdown (3Y)Largest decline over 3 years | -25.42% | -34.24% | +8.82% |
Max Drawdown (5Y)Largest decline over 5 years | -35.95% | -34.24% | -1.71% |
Max Drawdown (10Y)Largest decline over 10 years | -41.12% | -48.76% | +7.64% |
Current DrawdownCurrent decline from peak | -1.20% | -24.97% | +23.77% |
Average DrawdownAverage peak-to-trough decline | -25.32% | -27.99% | +2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 14.34% | -11.04% |
Volatility
FR vs. NRG - Volatility Comparison
The current volatility for First Industrial Realty Trust, Inc. (FR) is 7.99%, while NRG Energy, Inc. (NRG) has a volatility of 12.28%. This indicates that FR experiences smaller price fluctuations and is considered to be less risky than NRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FR | NRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.99% | 12.28% | -4.29% |
Volatility (6M)Calculated over the trailing 6-month period | 14.46% | 34.27% | -19.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.44% | 45.16% | -24.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.89% | 40.00% | -17.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.41% | 39.15% | -14.74% |
Dividends
FR vs. NRG - Dividend Comparison
FR's dividend yield for the trailing twelve months is around 2.88%, more than NRG's 1.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FR First Industrial Realty Trust, Inc. | 2.88% | 3.11% | 2.95% | 2.43% | 2.45% | 1.63% | 2.37% | 2.22% | 3.01% | 2.67% | 2.71% | 2.30% |
NRG NRG Energy, Inc. | 1.33% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
Financials
FR vs. NRG - Financials Comparison
This section allows you to compare key financial metrics between First Industrial Realty Trust, Inc. and NRG Energy, 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
FR vs. NRG - Profitability Comparison
FR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Industrial Realty Trust, Inc. reported a gross profit of 141.21M and revenue of 194.83M. Therefore, the gross margin over that period was 72.5%.
NRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a gross profit of 0.00 and revenue of 10.26B. Therefore, the gross margin over that period was 0.0%.
FR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Industrial Realty Trust, Inc. reported an operating income of 118.24M and revenue of 194.83M, resulting in an operating margin of 60.7%.
NRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported an operating income of 328.00M and revenue of 10.26B, resulting in an operating margin of 3.2%.
FR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Industrial Realty Trust, Inc. reported a net income of 155.84M and revenue of 194.83M, resulting in a net margin of 80.0%.
NRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a net income of 125.00M and revenue of 10.26B, resulting in a net margin of 1.2%.
Frequently Asked Questions
FR and NRG have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NRG has higher volatility (12.28%) compared to FR (7.99%). In terms of maximum drawdown, FR dropped -95.42% vs NRG's -79.41%.
FR currently has the higher Sharpe Ratio (1.55 vs -0.19), 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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