RNW vs. NFLX
RNW (ReNew Energy Global plc) and NFLX (Netflix, Inc.) are both stocks. RNW operates in Utilities - Renewable (Utilities), while NFLX operates in Entertainment (Communication Services). Over the past 5 years, RNW returned -8.86%/yr vs 6.48%/yr for NFLX. At a 0.18 correlation, their price movements are largely independent.
Performance
RNW vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, RNW achieves a 10.97% return, which is significantly higher than NFLX's -21.75% return.
RNW
- 1D
- 2.12%
- 1M
- -2.49%
- 6M
- 15.47%
- YTD
- 10.97%
- 1Y
- -15.95%
- 3Y*
- 3.96%
- 5Y*
- -8.86%
- 10Y*
- —
NFLX
- 1D
- -2.78%
- 1M
- -8.68%
- 6M
- -17.99%
- YTD
- -21.75%
- 1Y
- -41.07%
- 3Y*
- 18.56%
- 5Y*
- 6.48%
- 10Y*
- 22.56%
RNW vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RNW ReNew Energy Global plc | 10.97% | -17.28% | -10.84% | 39.27% | -29.31% | -29.27% |
NFLX Netflix, Inc. | -21.75% | 5.19% | 83.07% | 65.11% | -51.05% | 13.16% |
Correlation
The correlation between RNW and NFLX is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2021 | 0.18 |
The correlation between RNW and NFLX shifts across timeframes, from -0.12 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RNW:
$2.28B
NFLX:
$308.95B
RNW:
₹28.22
NFLX:
$3.10
RNW:
21.19
NFLX:
23.69
RNW:
0.09
NFLX:
0.94
RNW:
1.66
NFLX:
6.76
RNW:
1.80
NFLX:
10.13
RNW:
₹132.90B
NFLX:
$46.89B
RNW:
₹93.10B
NFLX:
$22.99B
RNW:
₹88.90B
NFLX:
$26.91B
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Return for Risk
RNW vs. NFLX — Risk / Return Rank
RNW
NFLX
RNW vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ReNew Energy Global plc (RNW) and Netflix, Inc. (NFLX). 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.
| RNW | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.58 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.77 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | -0.93 | +0.58 |
| Martin ratioReturn relative to average drawdown | -0.63 | -1.67 | +1.05 |
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Drawdowns
RNW vs. NFLX - Drawdown Comparison
The maximum RNW drawdown since its inception was -64.92%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for RNW and NFLX.
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Drawdown Indicators
| RNW | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.92% | -81.99% | +17.07% |
Max Drawdown (1Y)Largest decline over 1 year | -45.05% | -44.36% | -0.69% |
Max Drawdown (3Y)Largest decline over 3 years | -45.05% | -47.06% | +2.01% |
Max Drawdown (5Y)Largest decline over 5 years | -64.24% | -75.95% | +11.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.95% | — |
Current DrawdownCurrent decline from peak | -47.88% | -45.21% | -2.67% |
Average DrawdownAverage peak-to-trough decline | -42.70% | -24.96% | -17.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.19% | 24.72% | +0.47% |
Volatility
RNW vs. NFLX - Volatility Comparison
The current volatility for ReNew Energy Global plc (RNW) is 9.88%, while Netflix, Inc. (NFLX) has a volatility of 11.87%. This indicates that RNW experiences smaller price fluctuations and is considered to be less risky than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNW | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.88% | 11.87% | -1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 22.54% | 26.83% | -4.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.58% | 34.48% | +5.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.44% | 43.37% | +4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.93% | 41.52% | +4.41% |
Dividends
RNW vs. NFLX - Dividend Comparison
Neither RNW nor NFLX has paid dividends to shareholders.
Financials
RNW vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between ReNew Energy Global plc and Netflix, 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
RNW vs. NFLX - Profitability Comparison
RNW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, ReNew Energy Global plc reported a gross profit of 15.78B and revenue of 32.29B. Therefore, the gross margin over that period was 48.9%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
RNW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, ReNew Energy Global plc reported an operating income of 9.55B and revenue of 32.29B, resulting in an operating margin of 29.6%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
RNW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, ReNew Energy Global plc reported a net income of 789.09M and revenue of 32.29B, resulting in a net margin of 2.4%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
RNW and NFLX have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFLX has higher volatility (11.87%) compared to RNW (9.88%). In terms of maximum drawdown, RNW dropped -64.92% vs NFLX's -81.99%.
RNW currently has the higher Sharpe Ratio (-0.40 vs -1.21), 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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