O vs. NMFC
O (Realty Income Corporation) and NMFC (New Mountain Finance Corporation) are both stocks. O operates in REIT - Retail (Real Estate), while NMFC operates in Asset Management (Financial Services). Over the past 10 years, O returned 4.43%/yr vs 6.08%/yr for NMFC. At a 0.25 correlation, their price movements are largely independent.
Performance
O vs. NMFC - Performance Comparison
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Returns By Period
In the year-to-date period, O achieves a 8.78% return, which is significantly higher than NMFC's -11.79% return. Over the past 10 years, O has underperformed NMFC with an annualized return of 4.43%, while NMFC has yielded a comparatively higher 6.08% annualized return.
O
- 1D
- -1.36%
- 1M
- -2.66%
- YTD
- 8.78%
- 6M
- 7.49%
- 1Y
- 13.14%
- 3Y*
- 5.19%
- 5Y*
- 2.41%
- 10Y*
- 4.43%
NMFC
- 1D
- -0.51%
- 1M
- -5.92%
- YTD
- -11.79%
- 6M
- -13.53%
- 1Y
- -16.84%
- 3Y*
- -3.49%
- 5Y*
- -0.05%
- 10Y*
- 6.08%
O vs. NMFC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 8.78% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
NMFC New Mountain Finance Corporation | -11.79% | -7.17% | -0.95% | 15.47% | -0.55% | 31.94% | -7.13% | 20.64% | 2.78% | 5.71% |
Correlation
The correlation between O and NMFC is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 20, 2011 | 0.25 |
Over the past year, the correlation between O and NMFC has dropped to 0.02 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
O:
$1.17
NMFC:
$328.53
O:
51.10
NMFC:
0.02
O:
6.91
NMFC:
2.30
O:
$5.92B
NMFC:
$315.55M
O:
$3.89B
NMFC:
$203.95M
O:
$3.93B
NMFC:
$106.53M
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Return for Risk
O vs. NMFC — Risk / Return Rank
O
NMFC
O vs. NMFC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) and New Mountain Finance Corporation (NMFC). 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.
| O | NMFC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.57 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.89 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | -0.69 | +1.88 |
| Martin ratioReturn relative to average drawdown | 2.93 | -1.35 | +4.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| O | NMFC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | -0.75 | +1.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | -0.00 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | 0.24 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.31 | +0.18 |
Drawdowns
O vs. NMFC - Drawdown Comparison
The maximum O drawdown since its inception was -48.45%, smaller than the maximum NMFC drawdown of -64.16%. Use the drawdown chart below to compare losses from any high point for O and NMFC.
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Drawdown Indicators
| O | NMFC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -64.16% | +15.71% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -24.56% | +13.46% |
Max Drawdown (3Y)Largest decline over 3 years | -26.49% | -27.77% | +1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -27.77% | -6.71% |
Max Drawdown (10Y)Largest decline over 10 years | -48.28% | -64.16% | +15.88% |
Current DrawdownCurrent decline from peak | -10.00% | -23.29% | +13.29% |
Average DrawdownAverage peak-to-trough decline | -9.21% | -5.45% | -3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 12.48% | -7.98% |
Volatility
O vs. NMFC - Volatility Comparison
The current volatility for Realty Income Corporation (O) is 4.81%, while New Mountain Finance Corporation (NMFC) has a volatility of 6.73%. This indicates that O experiences smaller price fluctuations and is considered to be less risky than NMFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| O | NMFC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 6.73% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 11.89% | 18.23% | -6.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.10% | 22.67% | -6.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.89% | 18.54% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.64% | 25.91% | -0.27% |
Dividends
O vs. NMFC - Dividend Comparison
O's dividend yield for the trailing twelve months is around 5.39%, less than NMFC's 16.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMFC New Mountain Finance Corporation | 16.43% | 13.90% | 12.17% | 11.40% | 9.86% | 8.76% | 10.92% | 9.90% | 10.81% | 10.04% | 9.65% | 10.45% |
O Realty Income Corporation | 5.39% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
Financials
O vs. NMFC - Financials Comparison
This section allows you to compare key financial metrics between Realty Income Corporation and New Mountain Finance 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
O and NMFC have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NMFC has higher volatility (6.73%) compared to O (4.81%). In terms of maximum drawdown, O dropped -48.45% vs NMFC's -64.16%.
O currently has the higher Sharpe Ratio (0.82 vs -0.75), 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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