OPAD vs. NFE

Last updated Jun 23, 2026

OPAD (Offerpad Solutions Inc.) and NFE (New Fortress Energy Inc.) are both stocks. OPAD operates in Real Estate - Services (Real Estate), while NFE operates in Utilities - Regulated Gas (Utilities). Over the past 5 years, OPAD returned -68.56%/yr vs -59.13%/yr for NFE. At a 0.18 correlation, their price movements are largely independent.

Performance

OPAD vs. NFE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Offerpad Solutions Inc. (OPAD) and New Fortress Energy Inc. (NFE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with OPAD having a -62.15% return and NFE slightly lower at -64.87%.

OPAD

• 1D: -9.66%
• 1M: -35.27%
• YTD: -62.15%
• 6M: -67.29%
• 1Y: -52.13%
• 3Y*: -64.21%
• 5Y*: -68.56%
• 10Y*: —

NFE

• 1D: -7.53%
• 1M: -36.83%
• YTD: -64.87%
• 6M: -65.77%
• 1Y: -82.04%
• 3Y*: -75.38%
• 5Y*: -59.13%
• 10Y*: —

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

OPAD vs. NFE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OPAD Offerpad Solutions Inc.	-62.15%	-57.54%	-72.20%	48.39%	-92.80%	-41.82%	0.24%
NFE New Fortress Energy Inc.	-64.87%	-92.46%	-59.24%	-1.71%	77.41%	-54.42%	3.38%

Correlation

The correlation between OPAD and NFE is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Dec 11, 2020	0.18

Fundamentals

Market Cap OPAD : $211.57M NFE : $113.96M
EPS OPAD : -$1.16 NFE : -$6.58
PS Ratio OPAD : 0.33 NFE : 0.07
PB Ratio OPAD : 4.62 NFE : 0.62
Total Revenue (TTM) OPAD : $487.19M NFE : $1.50B
Gross Profit (TTM) OPAD : $37.09M NFE : $310.12M
EBITDA (TTM) OPAD : -$29.30M NFE : -$198.72M

Return for Risk

OPAD vs. NFE — Risk / Return Rank

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

OPAD

OPAD Risk / Return Rank: 38
OPAD Sharpe Ratio Rank: 31
OPAD Sortino Ratio Rank: 56
OPAD Omega Ratio Rank: 52
OPAD Calmar Ratio Rank: 22
OPAD Martin Ratio Rank: 28

NFE

NFE Risk / Return Rank: 12
NFE Sharpe Ratio Rank: 15
NFE Sortino Ratio Rank: 12
NFE Omega Ratio Rank: 14
NFE Calmar Ratio Rank: 7
NFE Martin Ratio Rank: 15

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.

OPAD vs. NFE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Offerpad Solutions Inc. (OPAD) and New Fortress Energy Inc. (NFE). 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.

	OPAD	NFE	Difference
Sharpe ratio: Return per unit of total volatility	-0.25	-0.63	+0.38
Sortino ratio: Return per unit of downside risk	1.02	-0.97	+1.99
Omega ratio: Gain probability vs. loss probability	1.11	0.89	+0.22
Calmar ratio: Return relative to maximum drawdown	-0.56	-0.90	+0.34
Martin ratio: Return relative to average drawdown	-0.74	-1.21	+0.46

OPAD vs. NFE - Sharpe Ratio Comparison

The current OPAD Sharpe Ratio is -0.25, which is higher than the NFE Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of OPAD and NFE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OPAD vs. NFE - Drawdown Comparison

The maximum OPAD drawdown since its inception was -99.85%, roughly equal to the maximum NFE drawdown of -99.27%. Use the drawdown chart below to compare losses from any high point for OPAD and NFE.

Drawdown Indicators

	OPAD	NFE	Difference
Max Drawdown Largest peak-to-trough decline	-99.85%	-99.27%	-0.58%
Max Drawdown (1Y) Largest decline over 1 year	-92.65%	-91.24%	-1.41%
Max Drawdown (3Y) Largest decline over 3 years	-96.90%	-98.97%	+2.07%
Max Drawdown (5Y) Largest decline over 5 years	-99.85%	-99.27%	-0.58%
Current Drawdown Current decline from peak	-99.85%	-99.27%	-0.58%
Average Drawdown Average peak-to-trough decline	-82.16%	-46.33%	-35.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.17%	68.04%	+2.13%

Volatility

OPAD vs. NFE - Volatility Comparison

Offerpad Solutions Inc. (OPAD) has a higher volatility of 31.63% compared to New Fortress Energy Inc. (NFE) at 26.25%. This indicates that OPAD's price experiences larger fluctuations and is considered to be riskier than NFE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OPAD	NFE	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.63%	26.25%	+5.38%
Volatility (6M) Calculated over the trailing 6-month period	74.62%	68.31%	+6.31%
Volatility (1Y) Calculated over the trailing 1-year period	211.10%	130.78%	+80.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	131.52%	89.94%	+41.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.27%	83.69%	+41.58%

Dividends

OPAD vs. NFE - Dividend Comparison

Neither OPAD nor NFE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
NFE New Fortress Energy Inc.	0.00%	0.00%	1.98%	10.46%	0.94%	1.66%	0.37%
OPAD Offerpad Solutions Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both OPAD and NFE in my portfolio?

OPAD and NFE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OPAD or NFE?

OPAD has higher volatility (31.63%) compared to NFE (26.25%). In terms of maximum drawdown, OPAD dropped -99.85% vs NFE's -99.27%.

Which has better risk-adjusted returns?

OPAD currently has the higher Sharpe Ratio (-0.25 vs -0.63), 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.