PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IG.MI vs. NFLX
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

IG.MI vs. NFLX

Last updated Jun 13, 2026

IG.MI (Italgas SpA) and NFLX (Netflix, Inc.) are both stocks. IG.MI operates in Utilities - Regulated Gas (Utilities), while NFLX operates in Entertainment (Communication Services). Over the past 5 years, IG.MI returned 20.01%/yr vs 11.46%/yr for NFLX. At a 0.05 correlation, their price movements are largely independent.

Performance

IG.MI vs. NFLX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Italgas SpA (IG.MI) and Netflix, Inc. (NFLX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IG.MI is traded in EUR, while NFLX is traded in USD. To make them comparable, the NFLX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IG.MI achieves a 16.85% return, which is significantly higher than NFLX's -12.99% return.

IG.MI

1D
-0.09%
1M
7.38%
YTD
16.85%
6M
21.45%
1Y
59.60%
3Y*
30.93%
5Y*
20.01%
10Y*
—

NFLX

1D
-1.06%
1M
-6.77%
YTD
-12.99%
6M
-14.35%
1Y
-33.82%
3Y*
19.81%
5Y*
11.46%
10Y*
23.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IG.MI vs. NFLX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IG.MI
Italgas SpA		16.85%86.25%11.69%5.59%-10.06%22.19%0.69%13.40%2.50%42.16%
NFLX
Netflix, Inc.		-12.99%-7.29%95.15%60.16%-48.02%19.75%53.34%23.62%45.98%36.00%

Correlation

The correlation between IG.MI and NFLX is 0.04, 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

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

-0.02

Correlation (5Y)
Calculated over the trailing 5-year period

0.03

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2016

0.05

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Italgas SpA

Netflix, Inc.

Often compared with IG.MI:
IG.MI vs. SRG.MIIG.MI vs. A2A.MIIG.MI vs. SPYIG.MI vs. SWDA.LIG.MI vs. TRN.MIIG.MI vs. ENEL.MIIG.MI vs. NEM
Often compared with NFLX:
NFLX vs. NVDANFLX vs. SPYNFLX vs. TSLANFLX vs. AAPLNFLX vs. MSFTNFLX vs. NFLYNFLX vs. WBD

Return for Risk

IG.MI vs. NFLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IG.MI
IG.MI Risk / Return Rank: 9494
Overall Rank
IG.MI Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
IG.MI Sortino Ratio Rank: 9595
Sortino Ratio Rank
IG.MI Omega Ratio Rank: 9595
Omega Ratio Rank
IG.MI Calmar Ratio Rank: 9191
Calmar Ratio Rank
IG.MI Martin Ratio Rank: 9292
Martin Ratio Rank
NFLX
NFLX Risk / Return Rank: 88
Overall Rank
NFLX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
NFLX Sortino Ratio Rank: 77
Sortino Ratio Rank
NFLX Omega Ratio Rank: 77
Omega Ratio Rank
NFLX Calmar Ratio Rank: 1313
Calmar Ratio Rank
NFLX Martin Ratio Rank: 1111
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IG.MI vs. NFLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Italgas SpA (IG.MI) and Netflix, Inc. (NFLX). 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.

IG.MINFLXDifference
Sharpe ratioReturn per unit of total volatility
3.10
-1.00

+4.10

Sortino ratioReturn per unit of downside risk
3.95
-1.40

+5.34

Omega ratioGain probability vs. loss probability

1.52

0.82

+0.70

Calmar ratioReturn relative to maximum drawdown

4.64

-0.77

+5.42

Martin ratioReturn relative to average drawdown

13.33

-1.37

+14.70

IG.MI vs. NFLX - Sharpe Ratio Comparison

The current IG.MI Sharpe Ratio is 3.10, which is higher than the NFLX Sharpe Ratio of -1.00. The chart below compares the historical Sharpe Ratios of IG.MI and NFLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

IG.MI vs. NFLX - Drawdown Comparison

The maximum IG.MI drawdown since its inception was -34.66%, smaller than the maximum NFLX drawdown of -80.19%. Use the drawdown chart below to compare losses from any high point for IG.MI and NFLX.

Loading charts...

Drawdown Indicators

IG.MINFLXDifference

Max Drawdown

Largest peak-to-trough decline

-34.66%

-80.19%

+45.53%

Max Drawdown (1Y)

Largest decline over 1 year

-13.24%

-43.77%

+30.53%

Max Drawdown (3Y)

Largest decline over 3 years

-15.44%

-43.77%

+28.33%

Max Drawdown (5Y)

Largest decline over 5 years

-25.97%

-74.11%

+48.14%

Max Drawdown (10Y)

Largest decline over 10 years

—

-74.11%

—

Current Drawdown

Current decline from peak

-0.50%

-38.90%

+38.40%

Average Drawdown

Average peak-to-trough decline

-7.25%

-20.29%

+13.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.61%

24.65%

-20.04%

Volatility

IG.MI vs. NFLX - Volatility Comparison

Italgas SpA (IG.MI) has a higher volatility of 6.47% compared to Netflix, Inc. (NFLX) at 6.00%. This indicates that IG.MI's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IG.MINFLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.47%

6.00%

+0.47%

Volatility (6M)

Calculated over the trailing 6-month period

16.24%

24.73%

-8.49%

Volatility (1Y)

Calculated over the trailing 1-year period

19.85%

33.73%

-13.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.44%

42.63%

-22.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.65%

41.47%

-18.82%

Dividends

IG.MI vs. NFLX - Dividend Comparison

IG.MI's dividend yield for the trailing twelve months is around 4.06%, while NFLX has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
IG.MI
Italgas SpA		4.06%4.00%6.51%6.12%5.68%4.58%4.92%4.30%4.16%3.93%
NFLX
Netflix, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Financials

IG.MI vs. NFLX - Financials Comparison

This section allows you to compare key financial metrics between Italgas SpA and Netflix, 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

Please note, different currencies. IG.MI values in EUR, NFLX values in USD

Frequently Asked Questions

IG.MI and NFLX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for IG.MI and NFLX

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