NWS vs NWSA: What's the Difference?
Both are share classes of News Corporation — here's how they differ, side by side.
Why are there two tickers — NWS and NWSA?
Both tickers are the same company — News Corp. NWSA is the Class A share and is non-voting; NWS is the Class B share and carries the voting rights. They have the same economic interest and move together, so options risk and IV Rank are effectively the same on both — NWSA tends to be the more liquid line.
Which has higher options risk?
NEWS CORP (NWS) currently carries the higher options risk score (94 vs 64 for NWSA) — meaning more active catalysts that can drive an overnight move. For selling option premium, NEWS CORP (NWSA) has the better edge score (-21) — a stronger blend of high IV Rank and low risk.
Risk score (0–100) reflects active catalysts — earnings, legal, SEC filings and news. Edge score = IV Rank − risk score; higher is better for selling premium.
NWS risk pages
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