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FSLR vs. NXT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between FSLR and NXT is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

FSLR vs. NXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Solar, Inc. (FSLR) and Nextracker Inc (NXT). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%NovemberDecember2025FebruaryMarchApril
-13.47%
41.64%
FSLR
NXT

Key characteristics

Sharpe Ratio

FSLR:

-0.37

NXT:

-0.02

Sortino Ratio

FSLR:

-0.19

NXT:

0.45

Omega Ratio

FSLR:

0.98

NXT:

1.05

Calmar Ratio

FSLR:

-0.35

NXT:

-0.03

Martin Ratio

FSLR:

-0.60

NXT:

-0.05

Ulcer Index

FSLR:

35.58%

NXT:

30.62%

Daily Std Dev

FSLR:

57.86%

NXT:

59.36%

Max Drawdown

FSLR:

-96.22%

NXT:

-48.61%

Current Drawdown

FSLR:

-54.41%

NXT:

-29.14%

Fundamentals

Market Cap

FSLR:

$15.21B

NXT:

$6.27B

EPS

FSLR:

$12.02

NXT:

$4.05

PE Ratio

FSLR:

11.80

NXT:

10.78

PEG Ratio

FSLR:

0.26

NXT:

3.82

PS Ratio

FSLR:

3.62

NXT:

2.26

PB Ratio

FSLR:

1.83

NXT:

4.46

Total Revenue (TTM)

FSLR:

$3.41B

NXT:

$2.03B

Gross Profit (TTM)

FSLR:

$1.51B

NXT:

$703.14M

EBITDA (TTM)

FSLR:

$1.37B

NXT:

$473.26M

Returns By Period

In the year-to-date period, FSLR achieves a -19.51% return, which is significantly lower than NXT's 17.57% return.


FSLR

YTD

-19.51%

1M

12.05%

6M

-28.52%

1Y

-20.63%

5Y*

26.91%

10Y*

8.66%

NXT

YTD

17.57%

1M

1.43%

6M

37.14%

1Y

-1.41%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

FSLR vs. NXT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSLR
The Risk-Adjusted Performance Rank of FSLR is 3333
Overall Rank
The Sharpe Ratio Rank of FSLR is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of FSLR is 3131
Sortino Ratio Rank
The Omega Ratio Rank of FSLR is 3333
Omega Ratio Rank
The Calmar Ratio Rank of FSLR is 3030
Calmar Ratio Rank
The Martin Ratio Rank of FSLR is 4040
Martin Ratio Rank

NXT
The Risk-Adjusted Performance Rank of NXT is 5050
Overall Rank
The Sharpe Ratio Rank of NXT is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of NXT is 5151
Sortino Ratio Rank
The Omega Ratio Rank of NXT is 4848
Omega Ratio Rank
The Calmar Ratio Rank of NXT is 5151
Calmar Ratio Rank
The Martin Ratio Rank of NXT is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSLR vs. NXT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Solar, Inc. (FSLR) and Nextracker Inc (NXT). 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.


The chart of Sharpe ratio for FSLR, currently valued at -0.36, compared to the broader market-2.00-1.000.001.002.003.00
FSLR: -0.36
NXT: -0.02
The chart of Sortino ratio for FSLR, currently valued at -0.18, compared to the broader market-6.00-4.00-2.000.002.004.00
FSLR: -0.18
NXT: 0.45
The chart of Omega ratio for FSLR, currently valued at 0.98, compared to the broader market0.501.001.502.00
FSLR: 0.98
NXT: 1.05
The chart of Calmar ratio for FSLR, currently valued at -0.34, compared to the broader market0.001.002.003.004.005.00
FSLR: -0.34
NXT: -0.03
The chart of Martin ratio for FSLR, currently valued at -0.58, compared to the broader market-5.000.005.0010.0015.0020.00
FSLR: -0.58
NXT: -0.05

The current FSLR Sharpe Ratio is -0.37, which is lower than the NXT Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of FSLR and NXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.36
-0.02
FSLR
NXT

Dividends

FSLR vs. NXT - Dividend Comparison

Neither FSLR nor NXT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FSLR vs. NXT - Drawdown Comparison

The maximum FSLR drawdown since its inception was -96.22%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for FSLR and NXT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%NovemberDecember2025FebruaryMarchApril
-52.82%
-29.14%
FSLR
NXT

Volatility

FSLR vs. NXT - Volatility Comparison

First Solar, Inc. (FSLR) has a higher volatility of 20.89% compared to Nextracker Inc (NXT) at 15.93%. This indicates that FSLR's price experiences larger fluctuations and is considered to be riskier than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
20.89%
15.93%
FSLR
NXT

Financials

FSLR vs. NXT - Financials Comparison

This section allows you to compare key financial metrics between First Solar, Inc. and Nextracker 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items