SHLS vs NN
Comparison between Shoals Technologies Group Inc - Class A (SHLS, Company) and NextNav Inc (NN, Company).
Both SHLS and NN are from the Technology sector.
5-Year PerformanceNN has outperformed SHLS, delivering a return of +3.3% compared to -18.6%
SHLS vs NN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SHLS vs NN - Historical Returns
Returns include dividend reinvestment.
SHLS vs NN - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | SHLS | NN |
|---|---|---|
| 2026 | +8.80% | -22.01% |
| 2025 | +40.50% | +4.65% |
| 2024 | -63.55% | +245.78% |
| 2023 | -35.09% | +45.42% |
| 2022 | +3.48% | -68.32% |
| 2021 | -21.56% | -19.34% |
SHLS vs NN Drawdown Comparison
The maximum drawdown for SHLS was -93.00%, occurring on Mar 11, 2025. This drawdown has not yet recovered.
The maximum drawdown for NN was -86.54%, occurring on Mar 23, 2023. Recovery took 756 trading sessions.
The current SHLS drawdown is -75.38%. The current NN drawdown is -46.38%.
| Rank | SHLS | NN |
|---|---|---|
| #1 | -93.00% Feb 19, 2021 - Mar 11, 2025 | -86.54% Nov 1, 2021 - Nov 4, 2024 |
| #2 | -9.13% Feb 8, 2021 - Feb 19, 2021 | -47.78% Dec 16, 2024 - Mar 18, 2026 |
| #3 | -4.69% Feb 2, 2021 - Feb 4, 2021 | -46.38% Jun 4, 2026 - Jul 23, 2026 |
| #4 | N/A | -26.85% Apr 20, 2026 - Jun 4, 2026 |
| #5 | N/A | -24.64% Mar 25, 2026 - Apr 16, 2026 |
| #6 | N/A | -9.90% Nov 11, 2024 - Nov 18, 2024 |
| #7 | N/A | -6.04% Nov 29, 2024 - Dec 16, 2024 |
| #8 | N/A | -5.31% Nov 19, 2024 - Nov 27, 2024 |
| #9 | N/A | -3.18% Mar 19, 2026 - Mar 23, 2026 |
| #10 | N/A | -0.86% Mar 23, 2026 - Mar 25, 2026 |
| #11 | N/A | -0.08% Nov 4, 2024 - Nov 6, 2024 |
Correlation
Correlation between SHLS and NN is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
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