MSGS vs. NBIS

Last updated Jun 13, 2026

MSGS (Madison Square Garden Sports Corp.) and NBIS (Nebius Group N.V.) are both stocks. Both are in the Communication Services sector — MSGS in Entertainment, NBIS in Internet Content & Information. Over the past year, MSGS returned 105.32% vs 393.02% for NBIS. At a 0.19 correlation, their price movements are largely independent.

Performance

MSGS vs. NBIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Madison Square Garden Sports Corp. (MSGS) and Nebius Group N.V. (NBIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSGS achieves a 48.73% return, which is significantly lower than NBIS's 177.59% return.

MSGS

• 1D: -2.29%
• 1M: 10.13%
• YTD: 48.73%
• 6M: 62.01%
• 1Y: 105.32%
• 3Y*: 28.97%
• 5Y*: 17.85%
• 10Y*: 16.66%

NBIS

• 1D: 4.55%
• 1M: 5.07%
• YTD: 177.59%
• 6M: 164.98%
• 1Y: 393.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSGS vs. NBIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MSGS Madison Square Garden Sports Corp.	48.73%	14.61%	2.34%
NBIS Nebius Group N.V.	177.59%	202.18%	46.25%

Correlation

The correlation between MSGS and NBIS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (All Time) Calculated using the full available price history since Oct 18, 2024	0.19

Fundamentals

Market Cap MSGS : $9.29B NBIS : $71.79B
EPS MSGS : -$0.07 NBIS : $3.17
PS Ratio MSGS : 8.61 NBIS : 69.73
Total Revenue (TTM) MSGS : $1.08B NBIS : $877.90M
Gross Profit (TTM) MSGS : $48.32M NBIS : $420.60M
EBITDA (TTM) MSGS : -$41.02M NBIS : -$52.78M

Return for Risk

MSGS vs. NBIS — Risk / Return Rank

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

MSGS

MSGS Risk / Return Rank: 97
MSGS Sharpe Ratio Rank: 97
MSGS Sortino Ratio Rank: 98
MSGS Omega Ratio Rank: 97
MSGS Calmar Ratio Rank: 98
MSGS Martin Ratio Rank: 97

NBIS

NBIS Risk / Return Rank: 95
NBIS Sharpe Ratio Rank: 97
NBIS Sortino Ratio Rank: 95
NBIS Omega Ratio Rank: 91
NBIS Calmar Ratio Rank: 97
NBIS Martin Ratio Rank: 95

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.

MSGS vs. NBIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Madison Square Garden Sports Corp. (MSGS) and Nebius Group N.V. (NBIS). 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.

	MSGS	NBIS	Difference
Sharpe ratio: Return per unit of total volatility	3.50	3.50	0.00
Sortino ratio: Return per unit of downside risk	5.00	3.75	+1.25
Omega ratio: Gain probability vs. loss probability	1.65	1.42	+0.23
Calmar ratio: Return relative to maximum drawdown	10.28	8.03	+2.25
Martin ratio: Return relative to average drawdown	24.51	18.34	+6.17

MSGS vs. NBIS - Sharpe Ratio Comparison

The current MSGS Sharpe Ratio is 3.50, which is comparable to the NBIS Sharpe Ratio of 3.50. The chart below compares the historical Sharpe Ratios of MSGS and NBIS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSGS vs. NBIS - Drawdown Comparison

The maximum MSGS drawdown since its inception was -41.57%, smaller than the maximum NBIS drawdown of -58.27%. Use the drawdown chart below to compare losses from any high point for MSGS and NBIS.

Drawdown Indicators

	MSGS	NBIS	Difference
Max Drawdown Largest peak-to-trough decline	-41.57%	-58.27%	+16.70%
Max Drawdown (1Y) Largest decline over 1 year	-10.08%	-45.47%	+35.39%
Max Drawdown (3Y) Largest decline over 3 years	-25.54%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.96%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.57%	—	—
Current Drawdown Current decline from peak	-2.29%	-12.15%	+9.86%
Average Drawdown Average peak-to-trough decline	-10.55%	-18.94%	+8.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.22%	19.86%	-15.64%

Volatility

MSGS vs. NBIS - Volatility Comparison

The current volatility for Madison Square Garden Sports Corp. (MSGS) is 5.05%, while Nebius Group N.V. (NBIS) has a volatility of 30.23%. This indicates that MSGS experiences smaller price fluctuations and is considered to be less risky than NBIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSGS	NBIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.05%	30.23%	-25.18%
Volatility (6M) Calculated over the trailing 6-month period	23.43%	71.43%	-48.00%
Volatility (1Y) Calculated over the trailing 1-year period	29.65%	104.41%	-74.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.37%	110.20%	-84.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.45%	110.20%	-78.75%

Dividends

MSGS vs. NBIS - Dividend Comparison

Neither MSGS nor NBIS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
MSGS Madison Square Garden Sports Corp.	0.00%	0.00%	0.00%	0.00%	3.82%	0.00%	36.97%
NBIS Nebius Group N.V.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MSGS and NBIS in my portfolio?

MSGS and NBIS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSGS or NBIS?

NBIS has higher volatility (30.23%) compared to MSGS (5.05%). In terms of maximum drawdown, MSGS dropped -41.57% vs NBIS's -58.27%.

Which has better risk-adjusted returns?

MSGS currently has the higher Sharpe Ratio (3.50 vs 3.50), 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.