OXLC vs. NLY
OXLC (Oxford Lane Capital Corp.) and NLY (Annaly Capital Management, Inc.) are both stocks. OXLC operates in Asset Management (Financial Services), while NLY operates in REIT - Mortgage (Real Estate). Over the past 10 years, OXLC returned 6.30%/yr vs 6.01%/yr for NLY. At a 0.22 correlation, their price movements are largely independent.
Performance
OXLC vs. NLY - Performance Comparison
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Returns By Period
In the year-to-date period, OXLC achieves a -13.51% return, which is significantly lower than NLY's 2.71% return. Both investments have delivered pretty close results over the past 10 years, with OXLC having a 6.30% annualized return and NLY not far behind at 6.01%.
OXLC
- 1D
- -0.60%
- 1M
- 9.80%
- YTD
- -13.51%
- 6M
- -9.10%
- 1Y
- -27.96%
- 3Y*
- -3.67%
- 5Y*
- -4.81%
- 10Y*
- 6.30%
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%
OXLC vs. NLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OXLC Oxford Lane Capital Corp. | -13.51% | -24.38% | 24.58% | 16.52% | -24.15% | 59.91% | -15.79% | -0.98% | 12.86% | 13.47% |
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 OXLC and NLY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2011 | 0.22 |
The correlation between OXLC and NLY shifts across timeframes, from 0.22 (all time) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OXLC:
$809.04M
NLY:
$16.09B
OXLC:
-$5.82
NLY:
$3.28
OXLC:
0.90
NLY:
2.84
OXLC:
0.78
NLY:
1.11
OXLC:
$849.13M
NLY:
$5.21B
OXLC:
$793.40M
NLY:
$5.17B
OXLC:
-$578.64M
NLY:
$5.65B
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Return for Risk
OXLC vs. NLY — Risk / Return Rank
OXLC
NLY
OXLC vs. NLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oxford Lane Capital Corp. (OXLC) 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.
| OXLC | NLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.35 | ||
| Sortino ratioReturn per unit of downside risk | -3.20 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.30 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 2.20 | -2.74 |
| Martin ratioReturn relative to average drawdown | -1.00 | 6.39 | -7.39 |
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Drawdowns
OXLC vs. NLY - Drawdown Comparison
The maximum OXLC drawdown since its inception was -74.58%, which is greater than NLY's maximum drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for OXLC and NLY.
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Drawdown Indicators
| OXLC | NLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.58% | -60.09% | -14.49% |
Max Drawdown (1Y)Largest decline over 1 year | -51.38% | -14.88% | -36.50% |
Max Drawdown (3Y)Largest decline over 3 years | -57.17% | -26.70% | -30.47% |
Max Drawdown (5Y)Largest decline over 5 years | -57.17% | -50.46% | -6.71% |
Max Drawdown (10Y)Largest decline over 10 years | -74.58% | -60.09% | -14.49% |
Current DrawdownCurrent decline from peak | -38.05% | -5.88% | -32.17% |
Average DrawdownAverage peak-to-trough decline | -14.04% | -13.82% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.07% | 5.11% | +22.96% |
Volatility
OXLC vs. NLY - Volatility Comparison
Oxford Lane Capital Corp. (OXLC) has a higher volatility of 25.66% compared to Annaly Capital Management, Inc. (NLY) at 6.36%. This indicates that OXLC's price experiences larger fluctuations and is considered to be riskier than NLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OXLC | NLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.66% | 6.36% | +19.30% |
Volatility (6M)Calculated over the trailing 6-month period | 37.06% | 15.42% | +21.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.16% | 19.14% | +25.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.72% | 25.61% | +3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.36% | 28.15% | +15.21% |
Dividends
OXLC vs. NLY - Dividend Comparison
OXLC's dividend yield for the trailing twelve months is around 76.60%, 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% |
OXLC Oxford Lane Capital Corp. | 76.60% | 35.86% | 20.12% | 18.83% | 17.75% | 10.51% | 22.46% | 19.85% | 16.70% | 17.91% | 22.84% | 24.10% |
Financials
OXLC vs. NLY - Financials Comparison
This section allows you to compare key financial metrics between Oxford Lane Capital Corp. 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
OXLC and NLY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OXLC has higher volatility (25.66%) compared to NLY (6.36%). In terms of maximum drawdown, OXLC dropped -74.58% vs NLY's -60.09%.
NLY currently has the higher Sharpe Ratio (1.71 vs -0.64), 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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