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FLG-P-U vs NXT

Comparison between Flagstar Financial Inc Bifurcated Option Note Unit SecuritiES (FLG-P-U, Company) and Nextracker Inc - Class A (NXT, Company).

FLG-P-U vs NXT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
FLG-P-U
$17B
Winner
NXT
$17B
Max Drawdown
Winner
FLG-P-U
16.79%
NXT
48.61%
Sharpe Ratio
FLG-P-U
0.85
Winner
NXT
1.38
5Y Beta
Winner
FLG-P-U
0.23
NXT
1.16
Industry
FLG-P-U
N/A
NXT
Solar
P/E Ratio
Winner
FLG-P-U
-306.26
NXT
29.47
Forward P/E
FLG-P-U
N/A
NXT
26.60
PEG Ratio
FLG-P-U
N/A
NXT
1.11
Debt to Equity
FLG-P-U
137.76%
Winner
NXT
0.00%
Free Cash Flow Yield
FLG-P-U
1.69%
Winner
NXT
2.98%

FLG-P-U vs NXT - Historical Returns

Returns include dividend reinvestment.

1M
Winner
FLG-P-U
-0.65%
NXT
-13.74%
3M
Winner
FLG-P-U
+4.02%
NXT
-13.22%
6M
FLG-P-U
+8.39%
Winner
NXT
+24.16%
1Y
FLG-P-U
+16.42%
Winner
NXT
+96.63%
Max(CAGR)
FLG-P-U
+11.02%
Winner
NXT
+47.57%

FLG-P-U vs NXT - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

YearFLG-P-UNXT
2026+6.29%+21.99%
2025+13.49%+120.53%
2024-3.50%-22.96%
2023N/A+53.81%

FLG-P-U vs NXT Drawdown Comparison

The maximum drawdown for FLG-P-U was -15.15%, occurring on Apr 8, 2025. Recovery took 165 trading sessions.

The maximum drawdown for NXT was -48.61%, occurring on Oct 24, 2024. Recovery took 313 trading sessions.

The current FLG-P-U drawdown is -1.72%. The current NXT drawdown is -27.63%.

RankFLG-P-UNXT
#1-15.15%
Nov 1, 2024 - Jul 3, 2025
-48.61%
Feb 14, 2024 - May 15, 2025
#2-8.39%
Feb 23, 2026 - May 7, 2026
-28.42%
May 29, 2026 - Jun 10, 2026
#3-7.04%
Aug 19, 2025 - Dec 10, 2025
-25.21%
Jul 27, 2023 - Dec 14, 2023
#4-3.75%
Jul 8, 2025 - Jul 31, 2025
-23.27%
Nov 5, 2025 - Jan 28, 2026
#5-2.76%
May 13, 2026 - May 18, 2026
-19.04%
Jul 7, 2025 - Aug 18, 2025
#6-2.12%
Oct 28, 2024 - Oct 30, 2024
-18.74%
Feb 18, 2026 - Mar 24, 2026
#7-1.86%
Dec 11, 2025 - Jan 2, 2026
-18.35%
Mar 25, 2026 - May 13, 2026
#8-1.41%
Aug 13, 2025 - Aug 19, 2025
-18.15%
Mar 31, 2023 - May 12, 2023
#9-1.32%
Feb 18, 2026 - Feb 23, 2026
-16.59%
Dec 21, 2023 - Feb 1, 2024
#10-1.10%
Jan 29, 2026 - Feb 2, 2026
-16.13%
May 15, 2026 - May 29, 2026
#11-0.70%
Aug 8, 2025 - Aug 12, 2025
-15.91%
Mar 7, 2023 - Mar 30, 2023
#12-0.66%
Jan 22, 2026 - Jan 29, 2026
-12.82%
Jun 15, 2023 - Jul 27, 2023
#13-0.39%
Jan 15, 2026 - Jan 21, 2026
-11.72%
May 15, 2025 - Jul 3, 2025
#14-0.32%
Feb 11, 2026 - Feb 13, 2026
-8.48%
Feb 15, 2023 - Mar 3, 2023
#15-0.25%
Jul 31, 2025 - Aug 6, 2025
-8.26%
Sep 5, 2025 - Sep 18, 2025

Correlation

Correlation between FLG-P-U and NXT is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90
-101

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