Netflix Inc. (NFLX)

NFLX · Communication Services · United States

Netflix Inc. (NFLX) is a company in the Communication Services sector, based in United States. The stock is held in 22 ETFs we track – with its largest weight of 10.33 % in XUCM (msci-usa-communication). Anyone holding one of these ETFs also owns a small indirect stake in Netflix.

Above-average ETF coverage: 22 of the 95 ETFs we cover hold Netflix, spread across 11 indices. That puts the stock in more ETFs than 87.9 % of the 4,334 stocks we cover.

Held in22 ETFs

Highest weight10.33 %

Indices11

SectorCommunication Services

CountryUnited States

ISINUS64110L1061

WKN552484

Data note 1

About Netflix

Netflix runs a subscription streaming service for series, films, documentaries and games in more than 190 countries. Besides licensing content from studios, it produces a large amount of its own programming. Since 2022 Netflix has also offered lower-priced plans with advertising. The company started in 1997 as a DVD-by-mail rental service and is based in Los Gatos, California.

Data note 2

Price chart

Data note 3

Performance

Performance
Year to date	-18.5 %	1 year	-36.4 %
1 month	+0.5 %	3 months	-0.7 %
Calendar year 2025	+5.2 %

52W

Data note 4

Measured in euros, Netflix returned -17.0 % year to date and -34.9 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.

Data note 5

Risk metrics

Max drawdown-49.5 %

Volatility p.a.33.9 %

Data note 6

Below peak-42.9 %

Beta to S&P 5000.29

Correlation to S&P 5000.10

The close on Sep 16, 2026 was 42.9 % below the highest close since Jul 11, 2024, reached on Jun 30, 2025. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, Netflix moved on average 0.29 % in the same direction. The correlation of 0.10 shows how reliable that average is: the broad market explained only a small share of the daily moves.

Data note 7

Correlated with

The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.

Correlated with
Instrument	r	−1 … +1
CoStar Group Inc.	+0.58
Walt Disney Company	+0.54
Jack Henry and Associates Inc.	+0.52
Brown & Brown Inc.	+0.51
Marsh & McLennan Companies Inc.	+0.51
Coca-Cola Company	+0.50
nVent Electric plc	-0.52
Johnson Controls International plc	-0.49
Eaton Corp. Plc	-0.48

Data note 8

Key financials

Latest reported fiscal year (FY2025, period end 2025-12-31) as filed with the SEC.

Revenue45.2 bn $

Net income11.0 bn $

Diluted EPS2.53 $

Net margin24.3 %

Return on equity41.3 %

Equity ratio47.9 %

Revenue growth+15.9 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	33.7	5.4	16.0 %
FY2024	39.0	8.7	22.3 %
FY2025	45.2	11.0	24.3 %

Data note 9

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
XUCM	msci-usa-communication	10.33 %	€103.30
XWTS	msci-world-communication	6.55 %	€65.50
WTEL	msci-world-communication	6.13 %	€61.30
EXXT	nasdaq-100	1.44 %	€14.40
XNAS	nasdaq-100	1.44 %	€14.40
XDEQ	msci-world-quality	1.05 %	€10.50
SPYL / SPY5	sp500	0.49 %	€4.90
SXR8	sp500	0.49 %	€4.90
XD9U / XD9D	msci-usa	0.49 %	€4.90
EUNL	msci-world	0.36 %	€3.60
SWWD	msci-world	0.35 %	€3.50
SPPW	msci-world	0.35 %	€3.50
XDWD / XDWL	msci-world	0.35 %	€3.50
WIMI	msci-world-imi	0.31 %	€3.10
SPYY	msci-acwi	0.31 %	€3.10
IUSQ	msci-acwi	0.31 %	€3.10
SPYI / SPSA	msci-acwi-imi	0.28 %	€2.80
XDEB	msci-world-minimum-volatility	0.05 %	€0.50

Data note 10

The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to Netflix as of the fund's latest holdings list.

Weight in EUNL since 2019

Sep 30, 2019Sep 16, 2026

In EUNL, a fund tracking the MSCI World, Netflix had a weight of 0.28 % on Sep 30, 2019 and 0.36 % on Sep 16, 2026. Its share peaked at 0.76 % on Jun 30, 2025. The weight rises and falls with the stock's price relative to the other index members, and it also shifts when the index provider changes the composition.

Data note 11

How much Netflix Inc. overlaps with other holdings in a portfolio is shown by the Portfolio X-Ray and the ETF overlap check.

Stocks with similar ETF exposure

Names that reach a portfolio through largely the same funds as Netflix — the figure counts the ETFs holding both.

Data note 12

Key figures side by side

Key figures compared with stocks of similar ETF exposure
Stock	1 year	Volatility p.a.	Net margin	Revenue growth
Netflix	-36.4 %	33.9 %	24.3 %	+15.9 %
AppLovin	-45.9 %	82.9 %	60.8 %	+70.0 %
Alphabet	+35.0 %	31.1 %	–	–
T-Mobile US	-25.8 %	28.3 %	12.4 %	+8.5 %
Meta Platforms Inc	-13.6 %	37.7 %	30.1 %	+22.2 %
Take-Two Interactive Software	-14.5 %	31.3 %	-4.5 %	+18.2 %
Warner Bros. Discovery	+53.8 %	49.6 %	1.9 %	-5.1 %
Alphabet	+36.5 %	31.5 %	32.8 %	+15.1 %
Comcast Corporation	-26.5 %	29.8 %	16.2 %	-0.0 %

Return and volatility from our daily closing prices in US dollars; margin and growth from the latest SEC annual filing. Fiscal years do not all end on the same date.