RWTN vs RWT vs MFA vs AGNC vs NLY

For growth investors, AGNC Investment Corp.

(AGNC) is the stronger pick with 384. 7% revenue growth year-over-year, versus 5. 4% for Annaly Capital Management, Inc. (NLY). MFA Financial, Inc. (MFA) offers the better valuation at 5. 8x trailing P/E (7. 1x forward), making it the more compelling value choice. Analysts rate Annaly Capital Management, Inc. (NLY) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, MFA Financial, Inc.

(MFA) is the cheapest at 5. 8x versus AGNC Investment Corp. at 11. 5x. On forward P/E, AGNC Investment Corp. is actually cheaper at 6. 9x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, Redwood Trust, Inc.

9. 125% Seni (RWTN) delivered a total return of +21. 1%, compared to -16. 7% for Redwood Trust, Inc. (RWT). Over 10 years, the gap is even starker: AGNC returned +46. 9% versus MFA's +7. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Redwood Trust, Inc.

9. 125% Seni (RWTN) is the lower-risk stock at 0. 59β versus Redwood Trust, Inc. 's 0. 82β — meaning RWT is approximately 40% more volatile than RWTN relative to the S&P 500. On balance sheet safety, AGNC Investment Corp. (AGNC) carries a lower debt/equity ratio of 1% versus 23% for Redwood Trust, Inc. 9. 125% Seni — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), AGNC Investment Corp.

(AGNC) is pulling ahead at 384. 7% versus 5. 4% for Annaly Capital Management, Inc. (NLY). On earnings-per-share growth, the picture is similar: AGNC Investment Corp. grew EPS 1760% year-over-year, compared to -296. 9% for Redwood Trust, Inc.. Over a 3-year CAGR, AGNC leads at 26. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Annaly Capital Management, Inc.

(NLY) is the more profitable company, earning 30. 3% net margin versus -25. 5% for Redwood Trust, Inc. 9. 125% Seni — meaning it keeps 30. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NLY leads at 102. 6% versus -9. 7% for RWTN. At the gross margin level — before operating expenses — AGNC leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, AGNC Investment Corp.

(AGNC) trades at 6. 9x forward P/E versus 32. 8x for Redwood Trust, Inc. 9. 125% Seni — 25. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RWT: 16. 5% to $6. 50.

All stocks in this comparison pay dividends.

MFA Financial, Inc. (MFA) offers the highest yield at 18. 4%, versus 3. 4% for Redwood Trust, Inc. 9. 125% Seni (RWTN).

For long-horizon retirement investors, Redwood Trust, Inc.

9. 125% Seni (RWTN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 59), 3. 4% yield). Both have compounded well over 10 years (RWTN: +21. 1%, RWT: +11. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: RWTN is a small-cap income-oriented stock; RWT is a small-cap high-growth stock; MFA is a small-cap high-growth stock; AGNC is a small-cap high-growth stock; NLY is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.