NWS vs. NWSA
NWS (News Corporation) and NWSA (News Corporation) are both stocks. Both operate in the Broadcasting industry within the Communication Services sector. Over the past 10 years, NWS returned 10.68%/yr vs 9.70%/yr for NWSA. With a 0.96 correlation, they move nearly in lockstep.
Performance
NWS vs. NWSA - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with NWS having a -4.14% return and NWSA slightly higher at -3.96%. Over the past 10 years, NWS has outperformed NWSA with an annualized return of 10.68%, while NWSA has yielded a comparatively lower 9.70% annualized return.
NWS
- 1D
- 1.36%
- 1M
- -4.65%
- YTD
- -4.14%
- 6M
- -5.32%
- 1Y
- -14.13%
- 3Y*
- 15.04%
- 5Y*
- 4.11%
- 10Y*
- 10.68%
NWSA
- 1D
- 1.50%
- 1M
- -3.51%
- YTD
- -3.96%
- 6M
- -4.98%
- 1Y
- -12.79%
- 3Y*
- 10.89%
- 5Y*
- 0.44%
- 10Y*
- 9.70%
NWS vs. NWSA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWS News Corporation | -4.14% | -2.01% | 19.18% | 41.02% | -17.20% | 27.73% | 24.46% | 27.44% | -29.47% | 42.83% |
NWSA News Corporation | -3.96% | -4.48% | 13.03% | 36.41% | -17.57% | 25.20% | 29.20% | 26.42% | -28.99% | 43.68% |
Correlation
The correlation between NWS and NWSA is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2013 | 0.96 |
The correlation between NWS and NWSA has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.
Fundamentals
NWS:
$15.89B
NWSA:
$14.03B
NWS:
$1.85
NWSA:
$2.97
NWS:
15.34
NWSA:
8.41
NWS:
0.36
NWSA:
0.08
NWS:
1.83
NWSA:
1.57
NWS:
1.85
NWSA:
1.63
NWS:
$8.80B
NWSA:
$9.03B
NWS:
$1.23B
NWSA:
$3.15B
NWS:
$826.00M
NWSA:
$951.00M
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Return for Risk
NWS vs. NWSA — Risk / Return Rank
NWS
NWSA
NWS vs. NWSA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for News Corporation (NWS) and News Corporation (NWSA). 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.
| NWS | NWSA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.93 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.46 | -0.07 |
| Martin ratioReturn relative to average drawdown | -0.98 | -0.85 | -0.12 |
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Drawdowns
NWS vs. NWSA - Drawdown Comparison
The maximum NWS drawdown since its inception was -51.84%, roughly equal to the maximum NWSA drawdown of -51.91%. Use the drawdown chart below to compare losses from any high point for NWS and NWSA.
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Drawdown Indicators
| NWS | NWSA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.84% | -51.91% | +0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -26.84% | -27.81% | +0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -26.84% | -27.81% | +0.97% |
Max Drawdown (5Y)Largest decline over 5 years | -37.40% | -41.94% | +4.54% |
Max Drawdown (10Y)Largest decline over 10 years | -51.84% | -50.63% | -1.21% |
Current DrawdownCurrent decline from peak | -18.99% | -19.16% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -16.21% | -18.27% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.50% | 14.98% | -0.48% |
Volatility
NWS vs. NWSA - Volatility Comparison
News Corporation (NWS) and News Corporation (NWSA) have volatilities of 8.35% and 8.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWS | NWSA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.35% | 8.00% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 18.80% | 18.64% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.12% | 24.61% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.72% | 27.25% | +0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.63% | 29.37% | +0.26% |
Dividends
NWS vs. NWSA - Dividend Comparison
NWS's dividend yield for the trailing twelve months is around 0.71%, less than NWSA's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWS News Corporation | 0.71% | 0.67% | 0.66% | 0.78% | 1.08% | 0.89% | 1.13% | 1.38% | 1.73% | 1.20% | 1.69% | 0.72% |
NWSA News Corporation | 0.80% | 0.77% | 0.73% | 0.81% | 1.10% | 0.90% | 1.11% | 1.41% | 1.76% | 1.23% | 1.75% | 0.75% |
Financials
NWS vs. NWSA - Financials Comparison
This section allows you to compare key financial metrics between News Corporation and News Corporation. 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
With a correlation of 0.93, NWS and NWSA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
NWS has higher volatility (8.35%) compared to NWSA (8.00%). In terms of maximum drawdown, NWS dropped -51.84% vs NWSA's -51.91%.
NWSA currently has the higher Sharpe Ratio (-0.52 vs -0.57), 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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