NLY vs. PDI
NLY (Annaly Capital Management, Inc.) and PDI (PIMCO Dynamic Income Fund) are both stocks. NLY operates in REIT - Mortgage (Real Estate), while PDI operates in Asset Management (Financial Services). Over the past 10 years, NLY returned 6.01%/yr vs 7.51%/yr for PDI. At a 0.28 correlation, their price movements are largely independent.
Performance
NLY vs. PDI - Performance Comparison
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Returns By Period
In the year-to-date period, NLY achieves a 2.71% return, which is significantly higher than PDI's -0.56% return. Over the past 10 years, NLY has underperformed PDI with an annualized return of 6.01%, while PDI has yielded a comparatively higher 7.51% annualized return.
NLY
- 1D
- 0.23%
- 1M
- 3.01%
- YTD
- 2.71%
- 6M
- 4.34%
- 1Y
- 32.55%
- 3Y*
- 17.28%
- 5Y*
- 3.59%
- 10Y*
- 6.01%
PDI
- 1D
- -0.12%
- 1M
- -0.89%
- YTD
- -0.56%
- 6M
- -0.56%
- 1Y
- 1.36%
- 3Y*
- 10.94%
- 5Y*
- 2.62%
- 10Y*
- 7.51%
NLY vs. PDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NLY Annaly Capital Management, Inc. | 2.71% | 40.00% | 8.07% | 4.94% | -21.41% | 2.48% | 2.38% | 7.22% | -7.22% | 31.92% |
PDI PIMCO Dynamic Income Fund | -0.56% | 11.03% | 17.18% | 11.99% | -16.99% | 7.81% | -9.96% | 22.23% | 7.35% | 18.59% |
Correlation
The correlation between NLY and PDI is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since May 25, 2012 | 0.29 |
Fundamentals
NLY:
$16.09B
PDI:
$6.74B
NLY:
$3.28
PDI:
$3.86
NLY:
6.77
PDI:
4.24
NLY:
2.84
PDI:
3.14
NLY:
1.11
PDI:
0.91
NLY:
$5.21B
PDI:
$2.03B
NLY:
$5.17B
PDI:
$1.51B
NLY:
$5.65B
PDI:
$2.09B
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Return for Risk
NLY vs. PDI — Risk / Return Rank
NLY
PDI
NLY vs. PDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Annaly Capital Management, Inc. (NLY) and PIMCO Dynamic Income Fund (PDI). 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.
| NLY | PDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.59 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.04 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 0.12 | +2.07 |
| Martin ratioReturn relative to average drawdown | 6.39 | 0.26 | +6.13 |
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Drawdowns
NLY vs. PDI - Drawdown Comparison
The maximum NLY drawdown since its inception was -60.09%, which is greater than PDI's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for NLY and PDI.
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Drawdown Indicators
| NLY | PDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.09% | -46.47% | -13.62% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -10.95% | -3.93% |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | -17.55% | -9.15% |
Max Drawdown (5Y)Largest decline over 5 years | -50.46% | -27.19% | -23.27% |
Max Drawdown (10Y)Largest decline over 10 years | -60.09% | -46.47% | -13.62% |
Current DrawdownCurrent decline from peak | -5.88% | -8.34% | +2.46% |
Average DrawdownAverage peak-to-trough decline | -13.82% | -6.22% | -7.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.11% | 5.18% | -0.07% |
Volatility
NLY vs. PDI - Volatility Comparison
Annaly Capital Management, Inc. (NLY) has a higher volatility of 6.36% compared to PIMCO Dynamic Income Fund (PDI) at 3.19%. This indicates that NLY's price experiences larger fluctuations and is considered to be riskier than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLY | PDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.36% | 3.19% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 15.42% | 8.47% | +6.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.14% | 11.43% | +7.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.61% | 15.55% | +10.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.15% | 19.04% | +9.11% |
Dividends
NLY vs. PDI - Dividend Comparison
NLY's dividend yield for the trailing twelve months is around 12.61%, less than PDI's 16.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLY Annaly Capital Management, Inc. | 12.61% | 12.52% | 14.21% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% |
PDI PIMCO Dynamic Income Fund | 16.20% | 14.94% | 14.43% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 18.70% |
Financials
NLY vs. PDI - Financials Comparison
This section allows you to compare key financial metrics between Annaly Capital Management, Inc. and PIMCO Dynamic Income Fund. 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
Frequently Asked Questions
NLY and PDI have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NLY has higher volatility (6.36%) compared to PDI (3.19%). In terms of maximum drawdown, NLY dropped -60.09% vs PDI's -46.47%.
NLY currently has the higher Sharpe Ratio (1.71 vs 0.12), 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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