NFC.DE vs. WBD

Last updated Apr 4, 2026

Compare and contrast key facts about Netflix Inc (NFC.DE) and Warner Bros. Discovery, Inc. (WBD).

Performance

NFC.DE vs. WBD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Netflix Inc (NFC.DE) and Warner Bros. Discovery, Inc. (WBD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NFC.DE is traded in EUR, while WBD is traded in USD. To make them comparable, the WBD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, NFC.DE achieves a 5.68% return, which is significantly higher than WBD's -3.53% return.

NFC.DE

• 1D: 2.85%
• 1M: -0.30%
• YTD: 5.68%
• 6M: -14.43%
• 1Y: 0.56%
• 3Y*: 38.60%
• 5Y*: 13.33%
• 10Y*: —

WBD

• 1D: -0.22%
• 1M: -1.47%
• YTD: -3.53%
• 6M: 46.37%
• 1Y: 185.53%
• 3Y*: 20.33%
• 5Y*: -8.44%
• 10Y*: -0.69%

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

NFC.DE vs. WBD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NFC.DE Netflix Inc	5.68%	-7.12%	94.37%	64.61%	-50.31%	25.38%	46.73%	6.04%
WBD Warner Bros. Discovery, Inc.	-3.53%	140.30%	-0.99%	16.44%	-57.23%	-15.92%	-15.67%	0.98%

Correlation

The correlation between NFC.DE and WBD is 0.09, meaning there is essentially no relationship between their price movements. They neither move together nor in opposition — each responds to its own set of market drivers. This independence makes them strong candidates for combining in a diversified portfolio.

Return for Risk

NFC.DE vs. WBD — Risk / Return Rank

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

NFC.DE

NFC.DE Risk / Return Rank: 35
NFC.DE Sharpe Ratio Rank: 36
NFC.DE Sortino Ratio Rank: 31
NFC.DE Omega Ratio Rank: 31
NFC.DE Calmar Ratio Rank: 39
NFC.DE Martin Ratio Rank: 39

WBD

WBD Risk / Return Rank: 95
WBD Sharpe Ratio Rank: 95
WBD Sortino Ratio Rank: 95
WBD Omega Ratio Rank: 96
WBD Calmar Ratio Rank: 95
WBD 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.

NFC.DE vs. WBD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Netflix Inc (NFC.DE) and Warner Bros. Discovery, Inc. (WBD). 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.

	NFC.DE	WBD	Difference
Sharpe ratio Return per unit of total volatility	-0.08	2.43	-2.51
Sortino ratio Return per unit of downside risk	0.12	3.21	-3.09
Omega ratio Gain probability vs. loss probability	1.02	1.49	-0.48
Calmar ratio Return relative to maximum drawdown	0.01	5.13	-5.12
Martin ratio Return relative to average drawdown	0.03	13.98	-13.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NFC.DE vs. WBD - Sharpe Ratio Comparison

The current NFC.DE Sharpe Ratio is -0.08, which is lower than the WBD Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of NFC.DE and WBD, 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

	NFC.DE	WBD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	2.43	-2.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	-0.16	+0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.05	+0.42

Drawdowns

NFC.DE vs. WBD - Drawdown Comparison

The maximum NFC.DE drawdown since its inception was -73.52%, smaller than the maximum WBD drawdown of -90.66%. Use the drawdown chart below to compare losses from any high point for NFC.DE and WBD.

Drawdown Indicators

	NFC.DE	WBD	Difference
Max Drawdown Largest peak-to-trough decline	-73.52%	-92.58%	+19.06%
Max Drawdown (1Y) Largest decline over 1 year	-43.79%	-21.31%	-22.48%
Max Drawdown (5Y) Largest decline over 5 years	-73.52%	-84.54%	+11.02%
Max Drawdown (10Y) Largest decline over 10 years	—	-91.32%	—
Current Drawdown Current decline from peak	-25.54%	-69.80%	+44.26%
Average Drawdown Average peak-to-trough decline	-22.35%	-46.35%	+24.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.17%	9.60%	+10.57%

Volatility

NFC.DE vs. WBD - Volatility Comparison

Netflix Inc (NFC.DE) has a higher volatility of 6.08% compared to Warner Bros. Discovery, Inc. (WBD) at 2.16%. This indicates that NFC.DE's price experiences larger fluctuations and is considered to be riskier than WBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFC.DE	WBD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.08%	2.16%	+3.92%
Volatility (6M) Calculated over the trailing 6-month period	25.82%	22.21%	+3.61%
Volatility (1Y) Calculated over the trailing 1-year period	33.57%	59.23%	-25.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.06%	52.56%	-11.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.58%	47.15%	-6.57%

Dividends

NFC.DE vs. WBD - Dividend Comparison

Neither NFC.DE nor WBD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials