NREF vs. AGNC
NREF (NexPoint Real Estate Finance, Inc.) and AGNC (AGNC Investment Corp.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 5 years, NREF returned 6.79%/yr vs 4.24%/yr for AGNC. At a 0.36 correlation, their price movements are largely independent.
Performance
NREF vs. AGNC - Performance Comparison
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Returns By Period
In the year-to-date period, NREF achieves a 13.03% return, which is significantly higher than AGNC's 2.35% return.
NREF
- 1D
- 1.85%
- 1M
- 0.42%
- YTD
- 13.03%
- 6M
- 12.00%
- 1Y
- 24.59%
- 3Y*
- 15.74%
- 5Y*
- 6.79%
- 10Y*
- —
AGNC
- 1D
- 0.78%
- 1M
- 2.43%
- YTD
- 2.35%
- 6M
- 4.08%
- 1Y
- 28.97%
- 3Y*
- 16.54%
- 5Y*
- 4.24%
- 10Y*
- 6.33%
NREF vs. AGNC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NREF NexPoint Real Estate Finance, Inc. | 13.03% | 2.28% | 13.51% | 17.36% | -8.90% | 27.81% | -3.83% |
AGNC AGNC Investment Corp. | 2.35% | 34.92% | 8.90% | 10.14% | -21.65% | 5.20% | -10.42% |
Correlation
The correlation between NREF and AGNC is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2020 | 0.36 |
Fundamentals
NREF:
$765.15M
AGNC:
$11.65B
NREF:
$2.26
AGNC:
$1.33
NREF:
6.59
AGNC:
7.80
NREF:
0.06
AGNC:
0.02
NREF:
4.39
AGNC:
4.79
NREF:
1.97
AGNC:
1.14
NREF:
$155.54M
AGNC:
$2.33B
NREF:
$132.51M
AGNC:
$2.30B
NREF:
$152.30M
AGNC:
$3.72B
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Return for Risk
NREF vs. AGNC — Risk / Return Rank
NREF
AGNC
NREF vs. AGNC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NexPoint Real Estate Finance, Inc. (NREF) and AGNC Investment Corp. (AGNC). 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.
| NREF | AGNC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.56 | +0.36 |
| Martin ratioReturn relative to average drawdown | 4.83 | 4.44 | +0.39 |
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Drawdowns
NREF vs. AGNC - Drawdown Comparison
The maximum NREF drawdown since its inception was -66.09%, which is greater than AGNC's maximum drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for NREF and AGNC.
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Drawdown Indicators
| NREF | AGNC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.09% | -54.56% | -11.53% |
Max Drawdown (1Y)Largest decline over 1 year | -12.92% | -18.71% | +5.79% |
Max Drawdown (3Y)Largest decline over 3 years | -24.00% | -31.04% | +7.04% |
Max Drawdown (5Y)Largest decline over 5 years | -44.78% | -50.65% | +5.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -54.56% | — |
Current DrawdownCurrent decline from peak | -3.98% | -9.85% | +5.87% |
Average DrawdownAverage peak-to-trough decline | -16.75% | -13.56% | -3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.10% | 6.54% | -1.44% |
Volatility
NREF vs. AGNC - Volatility Comparison
NexPoint Real Estate Finance, Inc. (NREF) has a higher volatility of 6.62% compared to AGNC Investment Corp. (AGNC) at 5.55%. This indicates that NREF's price experiences larger fluctuations and is considered to be riskier than AGNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NREF | AGNC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.62% | 5.55% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 17.32% | 16.28% | +1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.64% | 19.58% | +5.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.29% | 25.74% | +7.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.65% | 25.41% | +20.24% |
Dividends
NREF vs. AGNC - Dividend Comparison
NREF's dividend yield for the trailing twelve months is around 13.45%, less than AGNC's 13.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGNC AGNC Investment Corp. | 13.87% | 13.43% | 15.64% | 14.68% | 13.91% | 9.57% | 10.00% | 11.31% | 12.31% | 10.70% | 12.69% | 14.30% |
NREF NexPoint Real Estate Finance, Inc. | 13.45% | 14.20% | 12.75% | 17.40% | 12.59% | 9.87% | 8.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NREF vs. AGNC - Financials Comparison
This section allows you to compare key financial metrics between NexPoint Real Estate Finance, Inc. and AGNC Investment Corp.. 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
NREF and AGNC have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NREF has higher volatility (6.62%) compared to AGNC (5.55%). In terms of maximum drawdown, NREF dropped -66.09% vs AGNC's -54.56%.
AGNC currently has the higher Sharpe Ratio (1.49 vs 1.00), 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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