NWSA vs. NWS
NWSA (News Corporation) and NWS (News Corporation) are both stocks. Both operate in the Broadcasting industry within the Communication Services sector. Over the past 10 years, NWSA returned 9.54%/yr vs 10.53%/yr for NWS. With a 0.96 correlation, they move nearly in lockstep.
Performance
NWSA vs. NWS - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with NWSA having a -5.39% return and NWS slightly lower at -5.42%. Over the past 10 years, NWSA has underperformed NWS with an annualized return of 9.54%, while NWS has yielded a comparatively higher 10.53% annualized return.
NWSA
- 1D
- -2.65%
- 1M
- -4.94%
- YTD
- -5.39%
- 6M
- -5.93%
- 1Y
- -12.53%
- 3Y*
- 10.34%
- 5Y*
- 0.23%
- 10Y*
- 9.54%
NWS
- 1D
- -2.89%
- 1M
- -5.93%
- YTD
- -5.42%
- 6M
- -6.25%
- 1Y
- -13.77%
- 3Y*
- 14.52%
- 5Y*
- 3.98%
- 10Y*
- 10.53%
NWSA vs. NWS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWSA News Corporation | -5.39% | -4.48% | 13.03% | 36.41% | -17.57% | 25.20% | 29.20% | 26.42% | -28.99% | 43.68% |
NWS News Corporation | -5.42% | -2.01% | 19.18% | 41.02% | -17.20% | 27.73% | 24.46% | 27.44% | -29.47% | 42.83% |
Correlation
The correlation between NWSA and NWS 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 NWSA and NWS has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.
Fundamentals
NWSA:
$13.82B
NWS:
$15.68B
NWSA:
$2.97
NWS:
$1.85
NWSA:
8.29
NWS:
15.13
NWSA:
0.08
NWS:
0.36
NWSA:
1.55
NWS:
1.81
NWSA:
1.61
NWS:
1.83
NWSA:
$9.03B
NWS:
$8.80B
NWSA:
$3.15B
NWS:
$1.23B
NWSA:
$951.00M
NWS:
$826.00M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NWSA vs. NWS — Risk / Return Rank
NWSA
NWS
NWSA vs. NWS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for News Corporation (NWSA) and News Corporation (NWS). 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.
| NWSA | NWS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 0.92 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | -0.52 | +0.06 |
| Martin ratioReturn relative to average drawdown | -0.84 | -0.95 | +0.11 |
Loading charts...
Drawdowns
NWSA vs. NWS - Drawdown Comparison
The maximum NWSA drawdown since its inception was -51.91%, roughly equal to the maximum NWS drawdown of -51.84%. Use the drawdown chart below to compare losses from any high point for NWSA and NWS.
Loading charts...
Drawdown Indicators
| NWSA | NWS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.91% | -51.84% | -0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -27.81% | -26.84% | -0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -27.81% | -26.84% | -0.97% |
Max Drawdown (5Y)Largest decline over 5 years | -41.94% | -37.40% | -4.54% |
Max Drawdown (10Y)Largest decline over 10 years | -50.63% | -51.84% | +1.21% |
Current DrawdownCurrent decline from peak | -20.36% | -20.08% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -18.27% | -16.21% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.93% | 14.45% | +0.48% |
Volatility
NWSA vs. NWS - Volatility Comparison
News Corporation (NWSA) and News Corporation (NWS) have volatilities of 8.10% and 8.34%, 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.
Loading charts...
Volatility by Period
| NWSA | NWS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | 8.34% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 18.59% | 18.76% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 25.13% | -0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.24% | 27.72% | -0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.43% | 29.68% | -0.25% |
Dividends
NWSA vs. NWS - Dividend Comparison
NWSA's dividend yield for the trailing twelve months is around 0.81%, more than NWS's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWS News Corporation | 0.72% | 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 | 0.81% | 0.77% | 0.73% | 0.81% | 1.10% | 0.90% | 1.11% | 1.41% | 1.76% | 1.23% | 1.75% | 0.75% |
Financials
NWSA vs. NWS - 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, NWSA and NWS 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 (8.34%) compared to NWSA (8.10%). In terms of maximum drawdown, NWSA dropped -51.91% vs NWS's -51.84%.
NWSA currently has the higher Sharpe Ratio (-0.51 vs -0.55), 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.
Find the right allocation for NWSA and NWS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer