NLCP vs. OMF

Last updated Jun 4, 2026

NLCP (NewLake Capital Partners, Inc.) and OMF (OneMain Holdings, Inc.) are both stocks. NLCP operates in REIT - Specialty (Real Estate), while OMF operates in Credit Services (Financial Services). Over the past 3 years, NLCP returned 18.10%/yr vs 18.66%/yr for OMF. At a 0.13 correlation, their price movements are largely independent.

Performance

NLCP vs. OMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NewLake Capital Partners, Inc. (NLCP) and OneMain Holdings, Inc. (OMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NLCP achieves a -4.15% return, which is significantly higher than OMF's -17.91% return.

NLCP

• 1D: -0.20%
• 1M: 3.49%
• YTD: -4.15%
• 6M: 26.03%
• 1Y: 13.17%
• 3Y*: 18.10%
• 5Y*: —
• 10Y*: —

OMF

• 1D: -2.04%
• 1M: -1.38%
• YTD: -17.91%
• 6M: -14.41%
• 1Y: 9.62%
• 3Y*: 18.66%
• 5Y*: 7.60%
• 10Y*: 14.95%

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

NLCP vs. OMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NLCP NewLake Capital Partners, Inc.	-4.15%	2.42%	19.43%	11.85%	-39.27%	-2.96%
OMF OneMain Holdings, Inc.	-17.91%	39.77%	15.14%	63.03%	-27.20%	-8.59%

Correlation

The correlation between NLCP and OMF is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (All Time) Calculated using the full available price history since Aug 23, 2021	0.13

Fundamentals

Market Cap NLCP : $311.51M OMF : $6.26B
EPS NLCP : $1.23 OMF : $6.71
PE Ratio NLCP : 12.06 OMF : 7.96
PS Ratio NLCP : 6.20 OMF : 1.28
PB Ratio NLCP : 0.81 OMF : 1.85
Total Revenue (TTM) NLCP : $50.17M OMF : $4.94B
Gross Profit (TTM) NLCP : $6.26M OMF : $2.20B
EBITDA (TTM) NLCP : $42.43M OMF : $943.00M

Return for Risk

NLCP vs. OMF — Risk / Return Rank

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

NLCP

NLCP Risk / Return Rank: 57
NLCP Sharpe Ratio Rank: 60
NLCP Sortino Ratio Rank: 55
NLCP Omega Ratio Rank: 53
NLCP Calmar Ratio Rank: 60
NLCP Martin Ratio Rank: 59

OMF

OMF Risk / Return Rank: 48
OMF Sharpe Ratio Rank: 53
OMF Sortino Ratio Rank: 45
OMF Omega Ratio Rank: 44
OMF Calmar Ratio Rank: 48
OMF Martin Ratio Rank: 49

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.

NLCP vs. OMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NewLake Capital Partners, Inc. (NLCP) and OneMain Holdings, Inc. (OMF). 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.

	NLCP	OMF	Difference
Sharpe ratio: Return per unit of total volatility	0.56	0.34	+0.22
Sortino ratio: Return per unit of downside risk	1.05	0.66	+0.39
Omega ratio: Gain probability vs. loss probability	1.12	1.08	+0.04
Calmar ratio: Return relative to maximum drawdown	0.89	0.33	+0.57
Martin ratio: Return relative to average drawdown	1.84	0.75	+1.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NLCP vs. OMF - Sharpe Ratio Comparison

The current NLCP Sharpe Ratio is 0.56, which is higher than the OMF Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of NLCP and OMF, 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

	NLCP	OMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	0.34	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.22	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	0.19	-0.36

Drawdowns

NLCP vs. OMF - Drawdown Comparison

The maximum NLCP drawdown since its inception was -58.59%, smaller than the maximum OMF drawdown of -68.66%. Use the drawdown chart below to compare losses from any high point for NLCP and OMF.

Drawdown Indicators

	NLCP	OMF	Difference
Max Drawdown Largest peak-to-trough decline	-58.59%	-68.66%	+10.07%
Max Drawdown (1Y) Largest decline over 1 year	-14.78%	-29.68%	+14.90%
Max Drawdown (3Y) Largest decline over 3 years	-35.06%	-29.94%	-5.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-47.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.66%	—
Current Drawdown Current decline from peak	-27.51%	-22.30%	-5.21%
Average Drawdown Average peak-to-trough decline	-33.75%	-24.31%	-9.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.17%	12.86%	-5.69%

Volatility

NLCP vs. OMF - Volatility Comparison

NewLake Capital Partners, Inc. (NLCP) has a higher volatility of 8.87% compared to OneMain Holdings, Inc. (OMF) at 6.88%. This indicates that NLCP's price experiences larger fluctuations and is considered to be riskier than OMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NLCP	OMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.87%	6.88%	+1.99%
Volatility (6M) Calculated over the trailing 6-month period	19.33%	21.12%	-1.79%
Volatility (1Y) Calculated over the trailing 1-year period	23.67%	28.48%	-4.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.95%	35.53%	-5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.95%	46.08%	-16.13%

Dividends

NLCP vs. OMF - Dividend Comparison

NLCP's dividend yield for the trailing twelve months is around 11.61%, more than OMF's 7.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
NLCP NewLake Capital Partners, Inc.	11.61%	10.80%	9.71%	9.81%	8.99%	1.50%	0.00%	0.00%
OMF OneMain Holdings, Inc.	7.84%	6.17%	7.90%	8.13%	11.41%	19.08%	12.33%	7.12%

Financials

Frequently Asked Questions

Can I hold both NLCP and OMF in my portfolio?

NLCP and OMF have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NLCP or OMF?

NLCP has higher volatility (8.87%) compared to OMF (6.88%). In terms of maximum drawdown, NLCP dropped -58.59% vs OMF's -68.66%.

Which has better risk-adjusted returns?

NLCP currently has the higher Sharpe Ratio (0.56 vs 0.34), 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.