PAII vs NREF

Comparison between Pyrophyte Acquisition Corp II Class A (PAII, Company) and NexPoint Real Estate Finance Inc (NREF, Company).

PAII is from the Financial Services sector, while NREF is from the Real Estate sector.

PAII vs NREF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAII(COMPANY)	NREF(COMPANY)
Market Cap	$278M	$278M
Max Drawdown	0.79%	67.00%
Sharpe Ratio	-0.10	0.92
5Y Beta	0.01	0.53
Industry	Shell Companies	Reit - Mortgage
P/E Ratio	60.07	2.24
PEG Ratio	N/A	0.04
Dividend Yield	N/A	13.40%
5Y Dividends CAGR	N/A	2.71%
5Y EPS CAGR	N/A	-12.48%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-0.33%	5.86%

Market Cap

Winner

PAII

$278M

NREF

$278M

Max Drawdown

Winner

PAII

0.79%

NREF

67.00%

Sharpe Ratio

PAII

-0.10

Winner

NREF

0.92

5Y Beta

Winner

PAII

0.01

NREF

0.53

Industry

PAII

Shell Companies

NREF

Reit - Mortgage

P/E Ratio

PAII

60.07

Winner

NREF

2.24

PEG Ratio

PAII

N/A

NREF

0.04

Dividend Yield

PAII

N/A

NREF

13.40%

5Y Dividends CAGR

PAII

N/A

NREF

2.71%

5Y EPS CAGR

PAII

N/A

NREF

-12.48%

Debt to Equity

PAII

0.00%

NREF

0.00%

Free Cash Flow Yield

PAII

-0.33%

Winner

NREF

5.86%

PAII vs NREF - Historical Returns

Returns include dividend reinvestment.

Period	PAII	NREF
1 month	+0.52%	+1.58%
3 months	+0.71%	+17.15%
6 months	+1.01%	+9.50%
1 year	N/A	+25.09%
5 years(CAGR)	N/A	+7.04%
Max(CAGR)	+3.44%	+9.25%

PAII

+0.52%

Winner

NREF

+1.58%

PAII

+0.71%

Winner

NREF

+17.15%

PAII

+1.01%

Winner

NREF

+9.50%

PAII

N/A

NREF

+25.09%

5Y(CAGR)

PAII

N/A

NREF

+7.04%

Max(CAGR)

PAII

+3.44%

Winner

NREF

+9.25%

PAII vs NREF - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	PAII	NREF
2026	+1.42%	+13.23%
2025	+1.21%	+2.20%
2024	N/A	+9.78%
2023	N/A	+13.93%
2022	N/A	-10.05%
2021	N/A	+22.82%
2020	N/A	-3.19%

PAII vs NREF Drawdown Comparison

The maximum drawdown for PAII was -0.79%, occurring on Nov 20, 2025. Recovery took 35 trading sessions.

The maximum drawdown for NREF was -66.26%, occurring on Mar 24, 2020. Recovery took 197 trading sessions.

The current PAII drawdown is -0.07%. The current NREF drawdown is -3.88%.

Rank	PAII	NREF
#1	-0.79% Oct 21, 2025 - Dec 10, 2025	-66.26% Feb 21, 2020 - Dec 1, 2020
#2	-0.79% Jan 29, 2026 - Mar 10, 2026	-44.75% May 17, 2022 - May 5, 2026
#3	-0.69% Dec 15, 2025 - Jan 23, 2026	-17.27% Dec 4, 2020 - Feb 19, 2021
#4	-0.69% Mar 12, 2026 - Jun 2, 2026	-16.78% Aug 13, 2021 - Mar 11, 2022
#5	-0.30% Oct 15, 2025 - Oct 21, 2025	-9.07% Jun 9, 2021 - Aug 5, 2021
#6	-0.20% Sep 10, 2025 - Sep 24, 2025	-8.94% Apr 13, 2021 - Jun 7, 2021
#7	-0.20% Jan 23, 2026 - Jan 28, 2026	-6.57% May 8, 2026 - May 14, 2026
#8	-0.20% Mar 10, 2026 - Mar 12, 2026	-5.53% May 5, 2022 - May 13, 2022
#9	-0.10% Sep 24, 2025 - Sep 29, 2025	-5.22% Apr 20, 2022 - May 3, 2022
#10	-0.10% Sep 29, 2025 - Oct 9, 2025	-5.20% Feb 19, 2021 - Apr 1, 2021
#11	-0.09% Dec 11, 2025 - Dec 15, 2025	-2.86% Mar 11, 2022 - Mar 17, 2022
#12	-0.07% Jun 17, 2026 - Jun 18, 2026	-1.40% Apr 1, 2022 - Apr 13, 2022
#13	N/A	-1.31% Feb 14, 2020 - Feb 21, 2020
#14	N/A	-0.97% Mar 22, 2022 - Mar 24, 2022
#15	N/A	-0.95% Aug 9, 2021 - Aug 13, 2021