LYB vs. NXST

Last updated Jun 4, 2026

LYB (LyondellBasell Industries N.V.) and NXST (Nexstar Media Group, Inc.) are both stocks. LYB operates in Specialty Chemicals (Basic Materials), while NXST operates in Broadcasting (Communication Services). Over the past 10 years, LYB returned 6.07%/yr vs 16.26%/yr for NXST. At a 0.38 correlation, their price movements are largely independent.

Performance

LYB vs. NXST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LyondellBasell Industries N.V. (LYB) and Nexstar Media Group, Inc. (NXST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYB achieves a 58.96% return, which is significantly higher than NXST's -9.03% return. Over the past 10 years, LYB has underperformed NXST with an annualized return of 6.07%, while NXST has yielded a comparatively higher 16.26% annualized return.

LYB

• 1D: -0.01%
• 1M: -10.57%
• YTD: 58.96%
• 6M: 49.53%
• 1Y: 30.16%
• 3Y*: -2.99%
• 5Y*: -3.96%
• 10Y*: 6.07%

NXST

• 1D: 0.18%
• 1M: -8.00%
• YTD: -9.03%
• 6M: -3.25%
• 1Y: 10.75%
• 3Y*: 8.97%
• 5Y*: 7.57%
• 10Y*: 16.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LYB vs. NXST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LYB LyondellBasell Industries N.V.	58.96%	-35.96%	-17.38%	20.70%	-0.98%	5.07%	2.64%	44.63%	-21.69%	33.72%
NXST Nexstar Media Group, Inc.	-9.03%	33.95%	5.04%	-7.52%	18.37%	40.95%	-4.42%	51.93%	2.65%	25.89%

Correlation

The correlation between LYB and NXST is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Apr 29, 2010	0.38

The correlation between LYB and NXST shifts across timeframes, from 0.20 (1 year) to 0.40 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS LYB : -$3.19 NXST : $5.37
PS Ratio LYB : 0.73 NXST : 1.09
Total Revenue (TTM) LYB : $22.48B NXST : $5.11B
Gross Profit (TTM) LYB : -$4.33B NXST : $1.65B
EBITDA (TTM) LYB : $935.00M NXST : $1.42B

Return for Risk

LYB vs. NXST — Risk / Return Rank

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

LYB

LYB Risk / Return Rank: 58
LYB Sharpe Ratio Rank: 62
LYB Sortino Ratio Rank: 58
LYB Omega Ratio Rank: 56
LYB Calmar Ratio Rank: 58
LYB Martin Ratio Rank: 56

NXST

NXST Risk / Return Rank: 49
NXST Sharpe Ratio Rank: 52
NXST Sortino Ratio Rank: 46
NXST Omega Ratio Rank: 45
NXST Calmar Ratio Rank: 49
NXST Martin Ratio Rank: 51

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.

LYB vs. NXST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LyondellBasell Industries N.V. (LYB) and Nexstar Media Group, Inc. (NXST). 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.

	LYB	NXST	Difference
Sharpe ratio Return per unit of total volatility	0.66	0.32	+0.34
Sortino ratio Return per unit of downside risk	1.19	0.68	+0.51
Omega ratio Gain probability vs. loss probability	1.15	1.08	+0.06
Calmar ratio Return relative to maximum drawdown	0.85	0.37	+0.49
Martin ratio Return relative to average drawdown	1.53	0.96	+0.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYB vs. NXST - Sharpe Ratio Comparison

The current LYB Sharpe Ratio is 0.66, which is higher than the NXST Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of LYB and NXST, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LYB	NXST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	0.32	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.12	0.22	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.41	-0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.23	+0.18

Drawdowns

LYB vs. NXST - Drawdown Comparison

The maximum LYB drawdown since its inception was -63.26%, smaller than the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for LYB and NXST.

Drawdown Indicators

	LYB	NXST	Difference
Max Drawdown Largest peak-to-trough decline	-63.26%	-96.66%	+33.40%
Max Drawdown (1Y) Largest decline over 1 year	-35.45%	-29.50%	-5.95%
Max Drawdown (3Y) Largest decline over 3 years	-55.35%	-29.50%	-25.85%
Max Drawdown (5Y) Largest decline over 5 years	-55.35%	-35.73%	-19.62%
Max Drawdown (10Y) Largest decline over 10 years	-63.26%	-64.56%	+1.30%
Current Drawdown Current decline from peak	-25.40%	-27.75%	+2.35%
Average Drawdown Average peak-to-trough decline	-15.10%	-30.30%	+15.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.80%	11.23%	+8.57%

Volatility

LYB vs. NXST - Volatility Comparison

LyondellBasell Industries N.V. (LYB) and Nexstar Media Group, Inc. (NXST) have volatilities of 9.21% and 8.96%, 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.

Volatility by Period

	LYB	NXST	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.21%	8.96%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	35.03%	27.43%	+7.60%
Volatility (1Y) Calculated over the trailing 1-year period	46.03%	33.64%	+12.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.83%	34.48%	-1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.76%	39.76%	-3.00%

Dividends

LYB vs. NXST - Dividend Comparison

LYB's dividend yield for the trailing twelve months is around 6.12%, more than NXST's 4.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LYB LyondellBasell Industries N.V.	6.12%	12.59%	7.10%	5.20%	11.92%	4.81%	4.58%	20.27%	4.81%	3.22%	3.88%	3.50%
NXST Nexstar Media Group, Inc.	4.10%	3.66%	4.28%	3.44%	2.06%	1.85%	2.05%	1.54%	1.91%	1.53%	1.52%	1.29%

Financials

Frequently Asked Questions

Can I hold both LYB and NXST in my portfolio?

LYB and NXST have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LYB or NXST?

LYB has higher volatility (9.21%) compared to NXST (8.96%). In terms of maximum drawdown, LYB dropped -63.26% vs NXST's -96.66%.

Which has better risk-adjusted returns?

LYB currently has the higher Sharpe Ratio (0.66 vs 0.32), 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.