Home › Stocks › NXST

NXST correlations (Nexstar Media Group, Inc.)

Every correlation that matters for NXST: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

33.2%

3y weekly

Beta vs S&P 500

0.63

3y weekly

1-year return

-9.5%

price, adjusted

5-year return

+43.6%

price, adjusted

Market cap

$5.5B

latest

P/E ratio

35.1

trailing

Dividend yield

4.01%

trailing

Max drawdown

-38.4%

3y, daily closes

NXST over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with NXST

Asset		Correlation (3Y)
SBGI	Sinclair, Inc.	0.64
GTN	Gray Media, Inc.	0.60
STWD	STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc.	0.47
SMHB	ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN	0.47
SCHD	Schwab US Dividend Equity ETF	0.47

These are the assets whose returns had the least to do with NXST's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
CYCN	Cyclerion Therapeutics, Inc.	-0.27
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.25
IHT	InnSuites Hospitality Trust Shares of Beneficial Interest	-0.24

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/nxst.json

Correlations, diversifiers, beta and volatility for NXST, plus one endpoint per pair. API documentation.

ETF		NXST weight
MDY	SPDR S&P MidCap 400 ETF	0.15%
SCHD	Schwab US Dividend Equity ETF	0.13%