639.DE vs. NVDA
Compare and contrast key facts about Spotify Technology SA (639.DE) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 639.DE or NVDA.
Correlation
The correlation between 639.DE and NVDA is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
639.DE vs. NVDA - Performance Comparison
Key characteristics
639.DE:
4.19
NVDA:
1.55
639.DE:
5.21
NVDA:
2.11
639.DE:
1.66
NVDA:
1.27
639.DE:
6.27
NVDA:
3.26
639.DE:
43.26
NVDA:
9.28
639.DE:
3.85%
NVDA:
9.52%
639.DE:
40.21%
NVDA:
56.74%
639.DE:
-76.96%
NVDA:
-89.73%
639.DE:
0.00%
NVDA:
-20.60%
Fundamentals
639.DE:
€118.82B
NVDA:
$2.91T
639.DE:
€3.70
NVDA:
$2.53
639.DE:
158.92
NVDA:
46.90
639.DE:
€11.45B
NVDA:
$91.17B
639.DE:
€3.35B
NVDA:
$69.14B
639.DE:
€965.84M
NVDA:
$60.32B
Returns By Period
In the year-to-date period, 639.DE achieves a 36.52% return, which is significantly higher than NVDA's -11.65% return.
639.DE
36.52%
29.66%
95.71%
186.13%
33.09%
N/A
NVDA
-11.65%
-17.87%
13.83%
71.17%
80.13%
73.42%
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Risk-Adjusted Performance
639.DE vs. NVDA — Risk-Adjusted Performance Rank
639.DE
NVDA
639.DE vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology SA (639.DE) and NVIDIA Corporation (NVDA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
639.DE vs. NVDA - Dividend Comparison
639.DE has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
639.DE Spotify Technology SA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
639.DE vs. NVDA - Drawdown Comparison
The maximum 639.DE drawdown since its inception was -76.96%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for 639.DE and NVDA. For additional features, visit the drawdowns tool.
Volatility
639.DE vs. NVDA - Volatility Comparison
The current volatility for Spotify Technology SA (639.DE) is 13.24%, while NVIDIA Corporation (NVDA) has a volatility of 24.05%. This indicates that 639.DE experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
639.DE vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Spotify Technology SA and NVIDIA Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities