MSFT vs. NIXT
MSFT (Microsoft Corporation) is a stock, while NIXT (Research Affiliates Deletions ETF) is Mid Cap Value Equities fund tracking the Research Affiliates Deletions Index. Over the past year, MSFT returned -17.75% vs 32.16% for NIXT. At a 0.30 correlation, their price movements are largely independent.
Performance
MSFT vs. NIXT - Performance Comparison
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Returns By Period
In the year-to-date period, MSFT achieves a -18.85% return, which is significantly lower than NIXT's 20.40% return.
MSFT
- 1D
- 0.10%
- 1M
- -3.36%
- YTD
- -18.85%
- 6M
- -17.98%
- 1Y
- -17.75%
- 3Y*
- 6.16%
- 5Y*
- 9.56%
- 10Y*
- 24.39%
NIXT
- 1D
- 0.85%
- 1M
- 3.21%
- YTD
- 20.40%
- 6M
- 17.28%
- 1Y
- 32.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSFT vs. NIXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MSFT Microsoft Corporation | -18.85% | 15.58% | 4.10% |
NIXT Research Affiliates Deletions ETF | 20.40% | 4.94% | 4.60% |
Correlation
The correlation between MSFT and NIXT is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2024 | 0.30 |
The correlation between MSFT and NIXT shifts across timeframes, from 0.19 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MSFT vs. NIXT — Risk / Return Rank
MSFT
NIXT
MSFT vs. NIXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) and Research Affiliates Deletions ETF (NIXT). 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.
| MSFT | NIXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.26 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 2.76 | -3.28 |
| Martin ratioReturn relative to average drawdown | -1.08 | 9.35 | -10.43 |
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Drawdowns
MSFT vs. NIXT - Drawdown Comparison
The maximum MSFT drawdown since its inception was -69.38%, which is greater than NIXT's maximum drawdown of -27.75%. Use the drawdown chart below to compare losses from any high point for MSFT and NIXT.
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Drawdown Indicators
| MSFT | NIXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.38% | -27.75% | -41.63% |
Max Drawdown (1Y)Largest decline over 1 year | -33.91% | -11.71% | -22.20% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -37.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.15% | — | — |
Current DrawdownCurrent decline from peak | -27.46% | -0.62% | -26.84% |
Average DrawdownAverage peak-to-trough decline | -21.78% | -5.89% | -15.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.48% | 3.46% | +13.02% |
Volatility
MSFT vs. NIXT - Volatility Comparison
Microsoft Corporation (MSFT) has a higher volatility of 10.52% compared to Research Affiliates Deletions ETF (NIXT) at 5.32%. This indicates that MSFT's price experiences larger fluctuations and is considered to be riskier than NIXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSFT | NIXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 5.32% | +5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 14.26% | +8.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 21.30% | +4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 23.23% | +3.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 23.23% | +3.83% |
Dividends
MSFT vs. NIXT - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.91%, less than NIXT's 1.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.91% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
NIXT Research Affiliates Deletions ETF | 1.33% | 1.64% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MSFT and NIXT have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (10.52%) compared to NIXT (5.32%). In terms of maximum drawdown, MSFT dropped -69.38% vs NIXT's -27.75%.
NIXT currently has the higher Sharpe Ratio (1.52 vs -0.70), 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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