NXE vs. NFLX
NXE (NexGen Energy Ltd.) and NFLX (Netflix, Inc.) are both stocks. NXE operates in Uranium (Energy), while NFLX operates in Entertainment (Communication Services). Over the past 10 years, NXE returned 17.17%/yr vs 23.92%/yr for NFLX. At a 0.20 correlation, their price movements are largely independent.
Performance
NXE vs. NFLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NXE achieves a 7.07% return, which is significantly higher than NFLX's -14.31% return. Over the past 10 years, NXE has underperformed NFLX with an annualized return of 17.17%, while NFLX has yielded a comparatively higher 23.92% annualized return.
NXE
- 1D
- 1.03%
- 1M
- -17.71%
- YTD
- 7.07%
- 6M
- 10.55%
- 1Y
- 48.57%
- 3Y*
- 28.80%
- 5Y*
- 15.13%
- 10Y*
- 17.17%
NFLX
- 1D
- -1.14%
- 1M
- -7.59%
- YTD
- -14.31%
- 6M
- -15.60%
- 1Y
- -33.72%
- 3Y*
- 22.62%
- 5Y*
- 10.45%
- 10Y*
- 23.92%
NXE vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NXE NexGen Energy Ltd. | 7.07% | 39.39% | -5.71% | 58.01% | 1.37% | 58.33% | 115.63% | -28.09% | -30.47% | 48.75% |
NFLX Netflix, Inc. | -14.31% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between NXE and NFLX is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.20 |
The correlation between NXE and NFLX shifts across timeframes, from 0.06 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NXE:
$6.51B
NFLX:
$345.34B
NXE:
-CA$0.69
NFLX:
$3.09
NXE:
5.34
NFLX:
11.09
NXE:
CA$0.00
NFLX:
$46.89B
NXE:
-CA$992.64K
NFLX:
$22.99B
NXE:
-CA$247.46M
NFLX:
$26.91B
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
NXE vs. NFLX — Risk / Return Rank
NXE
NFLX
NXE vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXE) and Netflix, Inc. (NFLX). 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.
| NXE | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.81 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.78 | +2.20 |
| Martin ratioReturn relative to average drawdown | 4.12 | -1.35 | +5.46 |
Loading charts...
Drawdowns
NXE vs. NFLX - Drawdown Comparison
The maximum NXE drawdown since its inception was -82.98%, roughly equal to the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for NXE and NFLX.
Loading charts...
Drawdown Indicators
| NXE | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.98% | -81.99% | -0.99% |
Max Drawdown (1Y)Largest decline over 1 year | -33.41% | -43.35% | +9.94% |
Max Drawdown (3Y)Largest decline over 3 years | -54.28% | -43.35% | -10.93% |
Max Drawdown (5Y)Largest decline over 5 years | -54.28% | -75.95% | +21.67% |
Max Drawdown (10Y)Largest decline over 10 years | -82.98% | -75.95% | -7.03% |
Current DrawdownCurrent decline from peak | -29.24% | -40.01% | +10.77% |
Average DrawdownAverage peak-to-trough decline | -28.63% | -24.91% | -3.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.50% | 25.19% | -13.69% |
Volatility
NXE vs. NFLX - Volatility Comparison
NexGen Energy Ltd. (NXE) has a higher volatility of 21.34% compared to Netflix, Inc. (NFLX) at 5.85%. This indicates that NXE's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NXE | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.34% | 5.85% | +15.49% |
Volatility (6M)Calculated over the trailing 6-month period | 40.89% | 24.58% | +16.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.44% | 33.05% | +22.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.14% | 43.09% | +15.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.55% | 41.49% | +20.06% |
Dividends
NXE vs. NFLX - Dividend Comparison
Neither NXE nor NFLX has paid dividends to shareholders.
Financials
NXE vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between NexGen Energy Ltd. and Netflix, 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
NXE and NFLX have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXE has higher volatility (21.34%) compared to NFLX (5.85%). In terms of maximum drawdown, NXE dropped -82.98% vs NFLX's -81.99%.
NXE currently has the higher Sharpe Ratio (0.86 vs -1.03), 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 NXE and NFLX
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