NXT.L vs. TJX

Last updated Jun 4, 2026

NXT.L (Next plc) and TJX (The TJX Companies, Inc.) are both stocks. Both operate in the Apparel Retail industry within the Consumer Cyclical sector. Over the past 10 years, NXT.L returned 13.29%/yr vs 17.78%/yr for TJX. At a 0.15 correlation, their price movements are largely independent.

Performance

NXT.L vs. TJX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Next plc (NXT.L) and The TJX Companies, Inc. (TJX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NXT.L is traded in GBp, while TJX is traded in USD. To make them comparable, the TJX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, NXT.L achieves a 0.02% return, which is significantly lower than TJX's 3.80% return. Over the past 10 years, NXT.L has underperformed TJX with an annualized return of 13.29%, while TJX has yielded a comparatively higher 17.78% annualized return.

NXT.L

• 1D: 1.33%
• 1M: 2.50%
• YTD: 0.02%
• 6M: -3.66%
• 1Y: 8.06%
• 3Y*: 31.21%
• 5Y*: 13.87%
• 10Y*: 13.29%

TJX

• 1D: 3.01%
• 1M: 3.27%
• YTD: 3.80%
• 6M: 5.31%
• 1Y: 25.62%
• 3Y*: 24.95%
• 5Y*: 22.24%
• 10Y*: 17.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NXT.L vs. TJX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NXT.L Next plc	0.02%	46.85%	19.71%	43.86%	-24.92%	16.60%	0.97%	81.00%	-8.33%	-2.52%
TJX The TJX Companies, Inc.	3.80%	19.56%	32.84%	13.71%	19.42%	13.89%	8.96%	33.48%	25.99%	-5.49%

Correlation

The correlation between NXT.L and TJX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007	0.15

Fundamentals

Market Cap NXT.L : £16.32B TJX : $176.85B
EPS NXT.L : £11.72 TJX : $5.15
PE Ratio NXT.L : 11.37 TJX : 30.67
PEG Ratio NXT.L : 1.14 TJX : 1.93
PS Ratio NXT.L : 1.42 TJX : 2.88
PB Ratio NXT.L : 9.82 TJX : 4.89
Total Revenue (TTM) NXT.L : £11.39B TJX : $61.58B
Gross Profit (TTM) NXT.L : £5.00B TJX : $19.36B
EBITDA (TTM) NXT.L : £2.41B TJX : $8.31B

Return for Risk

NXT.L vs. TJX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NXT.L

NXT.L Risk / Return Rank: 50
NXT.L Sharpe Ratio Rank: 53
NXT.L Sortino Ratio Rank: 46
NXT.L Omega Ratio Rank: 46
NXT.L Calmar Ratio Rank: 53
NXT.L Martin Ratio Rank: 54

TJX

TJX Risk / Return Rank: 78
TJX Sharpe Ratio Rank: 79
TJX Sortino Ratio Rank: 77
TJX Omega Ratio Rank: 73
TJX Calmar Ratio Rank: 76
TJX Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NXT.L vs. TJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Next plc (NXT.L) and The TJX Companies, Inc. (TJX). 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.

	NXT.L	TJX	Difference
Sharpe ratio Return per unit of total volatility	0.35	1.40	-1.06
Sortino ratio Return per unit of downside risk	0.69	2.12	-1.43
Omega ratio Gain probability vs. loss probability	1.09	1.25	-0.16
Calmar ratio Return relative to maximum drawdown	0.54	2.24	-1.71
Martin ratio Return relative to average drawdown	1.29	7.48	-6.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NXT.L vs. TJX - Sharpe Ratio Comparison

The current NXT.L Sharpe Ratio is 0.35, which is lower than the TJX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of NXT.L and TJX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NXT.L	TJX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.35	1.40	-1.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	1.02	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.68	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.83	-0.34

Drawdowns

NXT.L vs. TJX - Drawdown Comparison

The maximum NXT.L drawdown since its inception was -91.55%, which is greater than TJX's maximum drawdown of -40.32%. Use the drawdown chart below to compare losses from any high point for NXT.L and TJX.

Drawdown Indicators

	NXT.L	TJX	Difference
Max Drawdown Largest peak-to-trough decline	-91.55%	-40.32%	-51.23%
Max Drawdown (1Y) Largest decline over 1 year	-14.96%	-11.48%	-3.48%
Max Drawdown (3Y) Largest decline over 3 years	-14.96%	-13.95%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-45.80%	-21.21%	-24.59%
Max Drawdown (10Y) Largest decline over 10 years	-53.81%	-35.78%	-18.03%
Current Drawdown Current decline from peak	-5.58%	-3.92%	-1.66%
Average Drawdown Average peak-to-trough decline	-17.07%	-6.35%	-10.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.23%	3.44%	+2.79%

Volatility

NXT.L vs. TJX - Volatility Comparison

Next plc (NXT.L) and The TJX Companies, Inc. (TJX) have volatilities of 8.26% and 8.06%, 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.

Volatility by Period

	NXT.L	TJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.26%	8.06%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	16.63%	14.71%	+1.92%
Volatility (1Y) Calculated over the trailing 1-year period	23.13%	18.35%	+4.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.31%	21.91%	+4.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.22%	26.14%	+5.08%

Dividends

NXT.L vs. TJX - Dividend Comparison

NXT.L's dividend yield for the trailing twelve months is around 4.54%, more than TJX's 1.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXT.L Next plc	4.54%	1.79%	2.27%	2.54%	6.08%	1.35%	0.00%	2.39%	5.14%	6.48%	4.37%	5.25%
TJX The TJX Companies, Inc.	1.11%	1.07%	1.21%	1.38%	1.44%	1.37%	0.34%	1.45%	1.66%	1.57%	1.32%	1.14%

Financials

NXT.L vs. TJX - Profitability Comparison

The chart below illustrates the profitability comparison between Next plc and The TJX Companies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NXT.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Next plc reported a gross profit of 1.68B and revenue of 3.76B. Therefore, the gross margin over that period was 44.6%.

TJX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The TJX Companies, Inc. reported a gross profit of 4.48B and revenue of 14.32B. Therefore, the gross margin over that period was 31.3%.

NXT.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Next plc reported an operating income of 730.10M and revenue of 3.76B, resulting in an operating margin of 19.4%.

TJX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The TJX Companies, Inc. reported an operating income of 1.69B and revenue of 14.32B, resulting in an operating margin of 11.8%.

NXT.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Next plc reported a net income of 509.00M and revenue of 3.76B, resulting in a net margin of 13.6%.

TJX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The TJX Companies, Inc. reported a net income of 1.33B and revenue of 14.32B, resulting in a net margin of 9.3%.

Frequently Asked Questions

Can I hold both NXT.L and TJX in my portfolio?

NXT.L and TJX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.