NLST vs. BB
NLST (Netlist, Inc.) and BB (BlackBerry Limited) are both stocks. Both are in the Technology sector — NLST in Electronics & Computer Distribution, BB in Software - Infrastructure. Over the past 10 years, NLST returned 4.80%/yr vs 0.98%/yr for BB. Their 0.11 correlation means their historical movements had little consistent relationship.
Performance
NLST vs. BB - Performance Comparison
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Returns By Period
In the year-to-date period, NLST achieves a 164.37% return, which is significantly higher than BB's 124.27% return. Over the past 10 years, NLST has outperformed BB with an annualized return of 4.80%, while BB has yielded a comparatively lower 0.98% annualized return.
NLST
- 1D
- -1.43%
- 1M
- -22.19%
- 6M
- 95.83%
- YTD
- 164.37%
- 1Y
- 256.06%
- 3Y*
- -11.58%
- 5Y*
- -22.43%
- 10Y*
- 4.80%
- ALL TIME*
- -7.05%
BB
- 1D
- 0.71%
- 1M
- -26.15%
- 6M
- 138.10%
- YTD
- 124.27%
- 1Y
- 135.46%
- 3Y*
- 18.80%
- 5Y*
- -3.50%
- 10Y*
- 0.98%
- ALL TIME*
- 5.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $142.34M | $219.51M | $306.93M | |
NLST Netlist, Inc. | $2.20M | $2.25M | $5.82M |
NLST vs. BB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NLST Netlist, Inc. | 164.37% | 11.04% | -57.42% | 63.48% | -82.17% | 969.74% | 100.98% | -16.67% | 17.07% | -69.85% |
BB BlackBerry Limited | 124.27% | 0.26% | 6.78% | 8.59% | -65.13% | 41.03% | 3.27% | -9.70% | -36.35% | 62.12% |
Correlation
The correlation between NLST and BB is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.03 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2006 | 0.11 |
Fundamentals
NLST:
$783.29M
BB:
$4.98B
NLST:
$0.00
BB:
$0.10
NLST:
966.25
BB:
86.23
NLST:
2.29
BB:
8.89
NLST:
$332.69M
BB:
$581.41M
NLST:
$54.02M
BB:
$446.55M
NLST:
$9.83M
BB:
$80.92M
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Return for Risk
NLST vs. BB — Risk / Return Rank
NLST
BB
NLST vs. BB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Netlist, Inc. (NLST) and BlackBerry Limited (BB). 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.
| NLST | BB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.38 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 5.36 | 3.36 | +2.01 |
| Martin ratioReturn relative to average drawdown | 12.12 | 6.93 | +5.19 |
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Drawdowns
NLST vs. BB - Drawdown Comparison
The maximum NLST drawdown since its inception was -99.17%, roughly equal to the maximum BB drawdown of -98.57%. Use the drawdown chart below to compare losses from any high point for NLST and BB.
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Drawdown Indicators
| NLST | BB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.17% | -98.57% | -0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -48.07% | -39.03% | -9.04% |
Max Drawdown (3Y)Largest decline over 3 years | -84.02% | -62.32% | -21.70% |
Max Drawdown (5Y)Largest decline over 5 years | -93.43% | -82.01% | -11.42% |
Max Drawdown (10Y)Largest decline over 10 years | -95.00% | -91.59% | -3.41% |
Current DrawdownCurrent decline from peak | -81.05% | -94.24% | +13.19% |
Average DrawdownAverage peak-to-trough decline | -85.83% | -72.19% | -13.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 18.89% | +2.34% |
Volatility
NLST vs. BB - Volatility Comparison
The current volatility for Netlist, Inc. (NLST) is 14.89%, while BlackBerry Limited (BB) has a volatility of 21.28%. This indicates that NLST experiences smaller price fluctuations and is considered to be less risky than BB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLST | BB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.89% | 21.28% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 67.23% | 50.27% | +16.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.83% | 59.77% | +31.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.67% | 58.43% | +43.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 132.21% | 60.57% | +71.64% |
Dividends
NLST vs. BB - Dividend Comparison
Neither NLST nor BB has paid dividends to shareholders.
Financials
NLST vs. BB - Financials Comparison
This section allows you to compare key financial metrics between Netlist, Inc. and BlackBerry Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NLST vs. BB - Profitability Comparison
NLST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Netlist, Inc. reported a gross profit of 22.88M and revenue of 109.85M. Therefore, the gross margin over that period was 20.8%.
BB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, BlackBerry Limited reported a gross profit of 119.70M and revenue of 152.90M. Therefore, the gross margin over that period was 78.3%.
NLST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Netlist, Inc. reported an operating income of 1.34M and revenue of 109.85M, resulting in an operating margin of 1.2%.
BB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, BlackBerry Limited reported an operating income of 15.30M and revenue of 152.90M, resulting in an operating margin of 10.0%.
NLST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Netlist, Inc. reported a net income of 1.40M and revenue of 109.85M, resulting in a net margin of 1.3%.
BB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, BlackBerry Limited reported a net income of 8.50M and revenue of 152.90M, resulting in a net margin of 5.6%.
Frequently Asked Questions
NLST and BB 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.
BB has higher volatility (21.28%) compared to NLST (14.89%). In terms of maximum drawdown, NLST dropped -99.17% vs BB's -98.57%.
NLST currently has the higher Sharpe Ratio (2.84 vs 2.19), 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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