ORC vs. NLY
ORC (Orchid Island Capital, Inc.) and NLY (Annaly Capital Management, Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 10 years, ORC returned -3.30%/yr vs 6.01%/yr for NLY. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
ORC vs. NLY - Performance Comparison
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Returns By Period
In the year-to-date period, ORC achieves a 0.49% return, which is significantly lower than NLY's 2.71% return. Over the past 10 years, ORC has underperformed NLY with an annualized return of -3.30%, while NLY has yielded a comparatively higher 6.01% annualized return.
ORC
- 1D
- 1.36%
- 1M
- 0.26%
- YTD
- 0.49%
- 6M
- 0.23%
- 1Y
- 15.51%
- 3Y*
- 4.64%
- 5Y*
- -8.40%
- 10Y*
- -3.30%
NLY
- 1D
- 0.23%
- 1M
- 3.01%
- YTD
- 2.71%
- 6M
- 4.34%
- 1Y
- 32.55%
- 3Y*
- 17.28%
- 5Y*
- 3.59%
- 10Y*
- 6.01%
ORC vs. NLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ORC Orchid Island Capital, Inc. | 0.49% | 12.66% | 9.87% | -3.10% | -41.63% | 0.07% | 4.75% | 6.68% | -20.38% | 1.07% |
NLY Annaly Capital Management, Inc. | 2.71% | 40.00% | 8.07% | 4.94% | -21.41% | 2.48% | 2.38% | 7.22% | -7.22% | 31.92% |
Correlation
The correlation between ORC and NLY is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2013 | 0.57 |
The correlation between ORC and NLY shifts across timeframes, from 0.57 (all time) to 0.76 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
ORC:
$1.27B
NLY:
$16.09B
ORC:
$0.85
NLY:
$3.28
ORC:
7.85
NLY:
6.77
ORC:
5.61
NLY:
2.84
ORC:
0.91
NLY:
1.11
ORC:
$181.13M
NLY:
$5.21B
ORC:
$87.42M
NLY:
$5.17B
ORC:
$197.11M
NLY:
$5.65B
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Return for Risk
ORC vs. NLY — Risk / Return Rank
ORC
NLY
ORC vs. NLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Orchid Island Capital, Inc. (ORC) and Annaly Capital Management, Inc. (NLY). 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.
| ORC | NLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.30 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 2.20 | -1.26 |
| Martin ratioReturn relative to average drawdown | 2.14 | 6.39 | -4.25 |
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Drawdowns
ORC vs. NLY - Drawdown Comparison
The maximum ORC drawdown since its inception was -75.77%, which is greater than NLY's maximum drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for ORC and NLY.
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Drawdown Indicators
| ORC | NLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.77% | -60.09% | -15.68% |
Max Drawdown (1Y)Largest decline over 1 year | -16.58% | -14.88% | -1.70% |
Max Drawdown (3Y)Largest decline over 3 years | -43.06% | -26.70% | -16.36% |
Max Drawdown (5Y)Largest decline over 5 years | -65.50% | -50.46% | -15.04% |
Max Drawdown (10Y)Largest decline over 10 years | -75.77% | -60.09% | -15.68% |
Current DrawdownCurrent decline from peak | -45.82% | -5.88% | -39.94% |
Average DrawdownAverage peak-to-trough decline | -28.85% | -13.82% | -15.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.28% | 5.11% | +2.17% |
Volatility
ORC vs. NLY - Volatility Comparison
Orchid Island Capital, Inc. (ORC) and Annaly Capital Management, Inc. (NLY) have volatilities of 6.40% and 6.36%, 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.
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Volatility by Period
| ORC | NLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.40% | 6.36% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 17.76% | 15.42% | +2.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.41% | 19.14% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.78% | 25.61% | +4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.71% | 28.15% | +9.56% |
Dividends
ORC vs. NLY - Dividend Comparison
ORC's dividend yield for the trailing twelve months is around 20.90%, more than NLY's 12.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLY Annaly Capital Management, Inc. | 12.61% | 12.52% | 14.21% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% |
ORC Orchid Island Capital, Inc. | 20.90% | 20.00% | 18.51% | 21.35% | 29.67% | 17.33% | 15.13% | 16.41% | 16.74% | 18.10% | 15.51% | 19.34% |
Financials
ORC vs. NLY - Financials Comparison
This section allows you to compare key financial metrics between Orchid Island Capital, Inc. and Annaly Capital Management, 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
ORC and NLY have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ORC has higher volatility (6.40%) compared to NLY (6.36%). In terms of maximum drawdown, ORC dropped -75.77% vs NLY's -60.09%.
NLY currently has the higher Sharpe Ratio (1.71 vs 0.73), 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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