NNI vs. NXST
NNI (Nelnet, Inc.) and NXST (Nexstar Media Group, Inc.) are both stocks. NNI operates in Credit Services (Financial Services), while NXST operates in Broadcasting (Communication Services). Over the past 10 years, NNI returned 14.76%/yr vs 16.26%/yr for NXST. At a 0.28 correlation, their price movements are largely independent.
Performance
NNI vs. NXST - Performance Comparison
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Returns By Period
In the year-to-date period, NNI achieves a -3.46% return, which is significantly higher than NXST's -9.03% return. Over the past 10 years, NNI has underperformed NXST with an annualized return of 14.76%, while NXST has yielded a comparatively higher 16.26% annualized return.
NNI
- 1D
- -1.17%
- 1M
- -9.19%
- YTD
- -3.46%
- 6M
- -3.62%
- 1Y
- 11.07%
- 3Y*
- 10.78%
- 5Y*
- 12.47%
- 10Y*
- 14.76%
NXST
- 1D
- 0.18%
- 1M
- -8.00%
- YTD
- -9.03%
- 6M
- -3.25%
- 1Y
- 10.75%
- 3Y*
- 8.97%
- 5Y*
- 7.57%
- 10Y*
- 16.26%
NNI vs. NXST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NNI Nelnet, Inc. | -3.46% | 25.71% | 22.41% | -1.64% | -6.04% | 38.71% | 24.01% | 12.66% | -3.32% | 9.27% |
NXST Nexstar Media Group, Inc. | -9.03% | 33.95% | 5.04% | -7.52% | 18.37% | 40.95% | -4.42% | 51.93% | 2.65% | 25.89% |
Correlation
The correlation between NNI and NXST is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2003 | 0.28 |
The correlation between NNI and NXST shifts across timeframes, from 0.22 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NNI:
$4.61B
NXST:
$5.66B
NNI:
$11.49
NXST:
$5.37
NNI:
11.12
NXST:
33.80
NNI:
0.27
NXST:
8.26K
NNI:
2.54
NXST:
1.09
NNI:
$1.82B
NXST:
$5.11B
NNI:
$1.27B
NXST:
$1.65B
NNI:
$762.79M
NXST:
$1.42B
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Return for Risk
NNI vs. NXST — Risk / Return Rank
NNI
NXST
NNI vs. NXST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nelnet, Inc. (NNI) and Nexstar Media Group, Inc. (NXST). 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.
| NNI | NXST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.08 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 0.37 | +0.36 |
| Martin ratioReturn relative to average drawdown | 2.12 | 0.96 | +1.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NNI | NXST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 0.32 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.22 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.41 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.23 | +0.01 |
Drawdowns
NNI vs. NXST - Drawdown Comparison
The maximum NNI drawdown since its inception was -89.95%, smaller than the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for NNI and NXST.
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Drawdown Indicators
| NNI | NXST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.95% | -96.66% | +6.71% |
Max Drawdown (1Y)Largest decline over 1 year | -15.27% | -29.50% | +14.23% |
Max Drawdown (3Y)Largest decline over 3 years | -18.52% | -29.50% | +10.98% |
Max Drawdown (5Y)Largest decline over 5 years | -25.06% | -35.73% | +10.67% |
Max Drawdown (10Y)Largest decline over 10 years | -44.04% | -64.56% | +20.52% |
Current DrawdownCurrent decline from peak | -11.23% | -27.75% | +16.52% |
Average DrawdownAverage peak-to-trough decline | -22.23% | -30.30% | +8.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.24% | 11.23% | -5.99% |
Volatility
NNI vs. NXST - Volatility Comparison
Nelnet, Inc. (NNI) has a higher volatility of 15.16% compared to Nexstar Media Group, Inc. (NXST) at 8.96%. This indicates that NNI's price experiences larger fluctuations and is considered to be riskier than NXST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NNI | NXST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.16% | 8.96% | +6.20% |
Volatility (6M)Calculated over the trailing 6-month period | 20.06% | 27.43% | -7.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.02% | 33.64% | -9.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.53% | 34.48% | -11.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.12% | 39.76% | -12.64% |
Dividends
NNI vs. NXST - Dividend Comparison
NNI's dividend yield for the trailing twelve months is around 1.01%, less than NXST's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NNI Nelnet, Inc. | 1.01% | 0.90% | 1.05% | 1.20% | 1.08% | 0.92% | 1.15% | 1.27% | 1.26% | 1.06% | 0.99% | 1.25% |
NXST Nexstar Media Group, Inc. | 4.10% | 3.66% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% |
Financials
NNI vs. NXST - Financials Comparison
This section allows you to compare key financial metrics between Nelnet, Inc. and Nexstar Media Group, Inc.. 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
NNI vs. NXST - Profitability Comparison
NNI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nelnet, Inc. reported a gross profit of 0.00 and revenue of 211.23M. Therefore, the gross margin over that period was 0.0%.
NXST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nexstar Media Group, Inc. reported a gross profit of 0.00 and revenue of 1.40B. Therefore, the gross margin over that period was 0.0%.
NNI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nelnet, Inc. reported an operating income of 0.00 and revenue of 211.23M, resulting in an operating margin of 0.0%.
NXST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nexstar Media Group, Inc. reported an operating income of 265.00M and revenue of 1.40B, resulting in an operating margin of 19.0%.
NNI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nelnet, Inc. reported a net income of 71.13M and revenue of 211.23M, resulting in a net margin of 33.7%.
NXST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nexstar Media Group, Inc. reported a net income of 164.00M and revenue of 1.40B, resulting in a net margin of 11.8%.
Frequently Asked Questions
NNI and NXST have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NNI has higher volatility (15.16%) compared to NXST (8.96%). In terms of maximum drawdown, NNI dropped -89.95% vs NXST's -96.66%.
NNI currently has the higher Sharpe Ratio (0.46 vs 0.32), 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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