MSPR vs. NFE

Last updated Jul 11, 2026

MSPR (MSP Recovery Inc) and NFE (New Fortress Energy Inc.) are both stocks. MSPR operates in Health Information Services (Healthcare), while NFE operates in Utilities - Regulated Gas (Utilities). Over the past 5 years, MSPR returned -94.68%/yr vs -59.09%/yr for NFE. At a 0.05 correlation, their price movements are largely independent.

Performance

MSPR vs. NFE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MSP Recovery Inc (MSPR) and New Fortress Energy Inc. (NFE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSPR achieves a -82.38% return, which is significantly lower than NFE's -68.82% return.

MSPR

• 1D: 56.78%
• 1M: -17.04%
• 6M: -73.94%
• YTD: -82.38%
• 1Y: -99.75%
• 3Y*: -97.55%
• 5Y*: -94.68%
• 10Y*: —

NFE

• 1D: -8.21%
• 1M: -30.31%
• 6M: -69.88%
• YTD: -68.82%
• 1Y: -91.44%
• 3Y*: -76.40%
• 5Y*: -59.09%
• 10Y*: —

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

MSPR vs. NFE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MSPR MSP Recovery Inc	-82.38%	-99.34%	-96.00%	-94.33%	-83.94%	-1.19%	4.17%
NFE New Fortress Energy Inc.	-68.82%	-92.46%	-59.24%	-1.71%	77.41%	-54.42%	3.58%

Correlation

The correlation between MSPR and NFE is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Oct 21, 2020	0.05

Fundamentals

Market Cap MSPR : $166.67K NFE : $101.51M
EPS MSPR : -$0.57 NFE : -$6.52
PS Ratio MSPR : 2.38 NFE : 0.07
Total Revenue (TTM) MSPR : $9.81M NFE : $1.50B
Gross Profit (TTM) MSPR : $2.58M NFE : $310.12M
EBITDA (TTM) MSPR : -$617.81M NFE : -$198.72M

Return for Risk

MSPR vs. NFE — Risk / Return Rank

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

MSPR

MSPR Risk / Return Rank: 13
MSPR Sharpe Ratio Rank: 29
MSPR Sortino Ratio Rank: 8
MSPR Omega Ratio Rank: 10
MSPR Calmar Ratio Rank: 1
MSPR Martin Ratio Rank: 19

NFE

NFE Risk / Return Rank: 8
NFE Sharpe Ratio Rank: 13
NFE Sortino Ratio Rank: 5
NFE Omega Ratio Rank: 7
NFE Calmar Ratio Rank: 3
NFE Martin Ratio Rank: 14

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.

MSPR vs. NFE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MSP Recovery Inc (MSPR) and New Fortress Energy Inc. (NFE). 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.

	MSPR	NFE	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	-0.72	+0.37
Sortino ratio: Return per unit of downside risk	-1.41	-1.69	+0.28
Omega ratio: Gain probability vs. loss probability	0.84	0.81	+0.03
Calmar ratio: Return relative to maximum drawdown	-1.00	-0.97	-0.03
Martin ratio: Return relative to average drawdown	-1.11	-1.26	+0.15

MSPR vs. NFE - Sharpe Ratio Comparison

The current MSPR Sharpe Ratio is -0.35, which is higher than the NFE Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of MSPR and NFE, 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

MSPR vs. NFE - Drawdown Comparison

The maximum MSPR drawdown since its inception was -100.00%, roughly equal to the maximum NFE drawdown of -99.39%. Use the drawdown chart below to compare losses from any high point for MSPR and NFE.

Drawdown Indicators

	MSPR	NFE	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-99.39%	-0.61%
Max Drawdown (1Y) Largest decline over 1 year	-99.85%	-92.65%	-7.20%
Max Drawdown (3Y) Largest decline over 3 years	-100.00%	-99.14%	-0.86%
Max Drawdown (5Y) Largest decline over 5 years	-100.00%	-99.39%	-0.61%
Current Drawdown Current decline from peak	-100.00%	-99.35%	-0.65%
Average Drawdown Average peak-to-trough decline	-71.43%	-46.70%	-24.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	89.30%	71.16%	+18.14%

Volatility

MSPR vs. NFE - Volatility Comparison

MSP Recovery Inc (MSPR) has a higher volatility of 101.49% compared to New Fortress Energy Inc. (NFE) at 29.06%. This indicates that MSPR's price experiences larger fluctuations and is considered to be riskier than NFE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSPR	NFE	Difference
Volatility (1M) Calculated over the trailing 1-month period	101.49%	29.06%	+72.43%
Volatility (6M) Calculated over the trailing 6-month period	160.54%	68.50%	+92.04%
Volatility (1Y) Calculated over the trailing 1-year period	288.04%	124.90%	+163.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	243.24%	90.29%	+152.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	227.50%	83.74%	+143.76%

Dividends

MSPR vs. NFE - Dividend Comparison

Neither MSPR nor NFE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
MSPR MSP Recovery Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NFE New Fortress Energy Inc.	0.00%	0.00%	1.98%	10.46%	0.94%	1.66%	0.37%

Financials

Frequently Asked Questions

Can I hold both MSPR and NFE in my portfolio?

MSPR and NFE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSPR or NFE?

MSPR has higher volatility (101.49%) compared to NFE (29.06%). In terms of maximum drawdown, MSPR dropped -100.00% vs NFE's -99.39%.

Which has better risk-adjusted returns?

MSPR currently has the higher Sharpe Ratio (-0.35 vs -0.72), 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.