NWSA vs. NXST
NWSA (News Corporation) and NXST (Nexstar Media Group, Inc.) are both stocks. Both operate in the Broadcasting industry within the Communication Services sector. Over the past 10 years, NWSA returned 9.35%/yr vs 17.56%/yr for NXST. Their 0.45 correlation means their historical movements had little consistent relationship.
Performance
NWSA vs. NXST - Performance Comparison
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Returns By Period
In the year-to-date period, NWSA achieves a 5.95% return, which is significantly higher than NXST's -4.52% return. Over the past 10 years, NWSA has underperformed NXST with an annualized return of 9.35%, while NXST has yielded a comparatively higher 17.56% annualized return.
NWSA
- 1D
- -1.89%
- 1M
- 3.45%
- 6M
- 2.39%
- YTD
- 5.95%
- 1Y
- -4.54%
- 3Y*
- 12.52%
- 5Y*
- 3.20%
- 10Y*
- 9.35%
- ALL TIME*
- 5.68%
NXST
- 1D
- -0.99%
- 1M
- 5.21%
- 6M
- -8.71%
- YTD
- -4.52%
- 1Y
- 6.98%
- 3Y*
- 5.54%
- 5Y*
- 8.78%
- 10Y*
- 17.56%
- ALL TIME*
- 14.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NWSA News Corporation | $93.71M | $93.78M | $132.82M |
| $52.61M | $57.41M | $71.32M |
NWSA vs. NXST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWSA News Corporation | 5.95% | -4.48% | 13.03% | 36.41% | -17.57% | 25.20% | 29.20% | 26.42% | -28.99% | 43.68% |
NXST Nexstar Media Group, Inc. | -4.52% | 33.95% | 5.04% | -7.52% | 18.37% | 40.95% | -4.42% | 51.93% | 2.65% | 25.89% |
Correlation
The correlation between NWSA and NXST is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2013 | 0.45 |
The correlation between NWSA and NXST shifts across timeframes, from 0.39 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NWSA:
$15.47B
NXST:
$5.82B
NWSA:
$2.97
NXST:
$5.37
NWSA:
9.28
NXST:
35.48
NWSA:
0.08
NXST:
8.67K
NWSA:
1.74
NXST:
1.15
NWSA:
$9.03B
NXST:
$5.11B
NWSA:
$3.15B
NXST:
$1.65B
NWSA:
$951.00M
NXST:
$1.42B
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Return for Risk
NWSA vs. NXST — Risk / Return Rank
NWSA
NXST
NWSA vs. NXST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for News Corporation (NWSA) 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.
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 | NXST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.06 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 0.14 | -0.34 |
| Martin ratioReturn relative to average drawdown | -0.34 | 0.34 | -0.68 |
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Drawdowns
NWSA vs. NXST - Drawdown Comparison
The maximum NWSA drawdown since its inception was -51.91%, smaller than the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for NWSA and NXST.
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Drawdown Indicators
| NWSA | NXST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.91% | -96.66% | +44.75% |
Max Drawdown (1Y)Largest decline over 1 year | -27.81% | -38.43% | +10.62% |
Max Drawdown (3Y)Largest decline over 3 years | -27.81% | -38.43% | +10.62% |
Max Drawdown (5Y)Largest decline over 5 years | -38.93% | -38.43% | -0.50% |
Max Drawdown (10Y)Largest decline over 10 years | -50.63% | -64.56% | +13.93% |
Current DrawdownCurrent decline from peak | -10.81% | -24.17% | +13.36% |
Average DrawdownAverage peak-to-trough decline | -18.23% | -30.29% | +12.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.55% | 16.22% | -0.67% |
Volatility
NWSA vs. NXST - Volatility Comparison
News Corporation (NWSA) has a higher volatility of 9.38% compared to Nexstar Media Group, Inc. (NXST) at 7.98%. This indicates that NWSA'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
| NWSA | NXST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.38% | 7.98% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 20.92% | 29.56% | -8.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.35% | 35.15% | -8.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.46% | 34.75% | -7.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.41% | 39.77% | -10.36% |
Dividends
NWSA vs. NXST - Dividend Comparison
NWSA's dividend yield for the trailing twelve months is around 0.73%, less than NXST's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWSA News Corporation | 0.73% | 0.77% | 0.73% | 0.81% | 1.10% | 0.90% | 1.11% | 1.41% | 1.76% | 1.23% | 1.75% | 0.75% |
NXST Nexstar Media Group, Inc. | 3.90% | 3.66% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% |
Financials
NWSA vs. NXST - Financials Comparison
This section allows you to compare key financial metrics between News Corporation 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
Frequently Asked Questions
NWSA and NXST have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWSA has higher volatility (9.38%) compared to NXST (7.98%). In terms of maximum drawdown, NWSA dropped -51.91% vs NXST's -96.66%.
NXST currently has the higher Sharpe Ratio (0.16 vs -0.20), 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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