PSA vs. NEWT
PSA (Public Storage) and NEWT (Newtek Business Services Corp.) are both stocks. PSA operates in REIT - Specialty (Real Estate), while NEWT operates in Asset Management (Financial Services). Over the past 10 years, PSA returned 7.52%/yr vs 10.43%/yr for NEWT. Their 0.10 correlation means their historical movements had little consistent relationship.
Performance
PSA vs. NEWT - Performance Comparison
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Returns By Period
In the year-to-date period, PSA achieves a 27.36% return, which is significantly lower than NEWT's 34.67% return. Over the past 10 years, PSA has underperformed NEWT with an annualized return of 7.52%, while NEWT has yielded a comparatively higher 10.43% annualized return.
PSA
- 1D
- 2.12%
- 1M
- -1.66%
- 6M
- 19.67%
- YTD
- 27.36%
- 1Y
- 21.06%
- 3Y*
- 9.43%
- 5Y*
- 5.25%
- 10Y*
- 7.52%
- ALL TIME*
- 11.55%
NEWT
- 1D
- 1.37%
- 1M
- 1.78%
- 6M
- 13.31%
- YTD
- 34.67%
- 1Y
- 41.06%
- 3Y*
- -0.19%
- 5Y*
- -8.56%
- 10Y*
- 10.43%
- ALL TIME*
- 1.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.76M | $2.78M | $3.05M | |
| $528.69M | $412.27M | $331.91M |
PSA vs. NEWT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSA Public Storage | 27.36% | -9.69% | 2.09% | 13.60% | -20.20% | 66.63% | 12.69% | 8.96% | 0.62% | -2.89% |
NEWT Newtek Business Services Corp. | 34.67% | -4.90% | -1.56% | -10.65% | -32.96% | 55.76% | -1.80% | 42.85% | 3.21% | 27.51% |
Correlation
The correlation between PSA and NEWT is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2000 | 0.10 |
Over the past year, PSA and NEWT have become more correlated (0.39) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
PSA:
$60.45B
NEWT:
$428.46M
PSA:
$11.63
NEWT:
$2.35
PSA:
27.87
NEWT:
6.32
PSA:
1.68
NEWT:
7.39
PSA:
11.67
NEWT:
1.23
PSA:
6.23
NEWT:
1.30
PSA:
$4.89B
NEWT:
$331.88M
PSA:
$2.95B
NEWT:
$233.96M
PSA:
$3.38B
NEWT:
$130.57M
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Return for Risk
PSA vs. NEWT — Risk / Return Rank
PSA
NEWT
PSA vs. NEWT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Public Storage (PSA) and Newtek Business Services Corp. (NEWT). 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.
| PSA | NEWT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.40 | +0.10 |
| Martin ratioReturn relative to average drawdown | 3.36 | 3.54 | -0.18 |
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Drawdowns
PSA vs. NEWT - Drawdown Comparison
The maximum PSA drawdown since its inception was -60.19%, smaller than the maximum NEWT drawdown of -97.33%. Use the drawdown chart below to compare losses from any high point for PSA and NEWT.
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Drawdown Indicators
| PSA | NEWT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.19% | -97.33% | +37.14% |
Max Drawdown (1Y)Largest decline over 1 year | -16.20% | -27.35% | +11.15% |
Max Drawdown (3Y)Largest decline over 3 years | -25.62% | -45.77% | +20.15% |
Max Drawdown (5Y)Largest decline over 5 years | -37.93% | -60.83% | +22.90% |
Max Drawdown (10Y)Largest decline over 10 years | -37.93% | -65.66% | +27.73% |
Current DrawdownCurrent decline from peak | -5.56% | -41.26% | +35.70% |
Average DrawdownAverage peak-to-trough decline | -15.75% | -51.60% | +35.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.22% | 10.80% | -3.58% |
Volatility
PSA vs. NEWT - Volatility Comparison
Public Storage (PSA) and Newtek Business Services Corp. (NEWT) have volatilities of 8.27% and 8.43%, 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
| PSA | NEWT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 8.43% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 18.00% | 26.09% | -8.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.88% | 35.03% | -11.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.13% | 41.05% | -16.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.53% | 39.31% | -15.78% |
Dividends
PSA vs. NEWT - Dividend Comparison
PSA's dividend yield for the trailing twelve months is around 3.70%, less than NEWT's 5.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEWT Newtek Business Services Corp. | 5.12% | 6.70% | 5.95% | 5.22% | 17.54% | 11.40% | 10.41% | 9.49% | 10.32% | 8.87% | 12.14% | 28.28% |
PSA Public Storage | 3.70% | 4.62% | 4.01% | 3.93% | 7.55% | 2.14% | 3.46% | 3.76% | 3.95% | 3.83% | 3.27% | 2.62% |
Financials
PSA vs. NEWT - Financials Comparison
This section allows you to compare key financial metrics between Public Storage and Newtek Business Services Corp.. 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
PSA vs. NEWT - Profitability Comparison
PSA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Public Storage reported a gross profit of 888.78M and revenue of 1.23B. Therefore, the gross margin over that period was 72.1%.
NEWT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Newtek Business Services Corp. reported a gross profit of 59.99M and revenue of 73.29M. Therefore, the gross margin over that period was 81.9%.
PSA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Public Storage reported an operating income of 466.68M and revenue of 1.23B, resulting in an operating margin of 37.9%.
NEWT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Newtek Business Services Corp. reported an operating income of 46.10M and revenue of 73.29M, resulting in an operating margin of 62.9%.
PSA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Public Storage reported a net income of 502.94M and revenue of 1.23B, resulting in a net margin of 40.8%.
NEWT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Newtek Business Services Corp. reported a net income of 13.40M and revenue of 73.29M, resulting in a net margin of 18.3%.
Frequently Asked Questions
PSA and NEWT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEWT has higher volatility (8.43%) compared to PSA (8.27%). In terms of maximum drawdown, PSA dropped -60.19% vs NEWT's -97.33%.
NEWT currently has the higher Sharpe Ratio (1.09 vs 1.05), 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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