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.
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.
Performance
639.DE vs. NVDA - Performance Comparison
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Key characteristics
639.DE:
2.32
NVDA:
0.36
639.DE:
3.03
NVDA:
1.08
639.DE:
1.40
NVDA:
1.14
639.DE:
3.96
NVDA:
0.83
639.DE:
12.68
NVDA:
2.04
639.DE:
8.15%
NVDA:
15.08%
639.DE:
43.74%
NVDA:
58.89%
639.DE:
-76.96%
NVDA:
-89.73%
639.DE:
-7.61%
NVDA:
-6.84%
Fundamentals
639.DE:
€120.02B
NVDA:
$3.30T
639.DE:
€5.60
NVDA:
$2.94
639.DE:
104.52
NVDA:
45.85
639.DE:
1.63
NVDA:
1.93
639.DE:
7.40
NVDA:
25.32
639.DE:
19.16
NVDA:
41.44
639.DE:
€16.25B
NVDA:
$104.45B
639.DE:
€5.04B
NVDA:
$77.45B
639.DE:
€1.65B
NVDA:
$68.38B
Returns By Period
In the year-to-date period, 639.DE achieves a 33.11% return, which is significantly higher than NVDA's 3.66% return.
639.DE
33.11%
16.65%
25.78%
102.33%
75.84%
28.59%
N/A
NVDA
3.66%
27.67%
2.86%
21.25%
94.96%
73.54%
74.17%
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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.
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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.
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Volatility
639.DE vs. NVDA - Volatility Comparison
Spotify Technology SA (639.DE) has a higher volatility of 11.91% compared to NVIDIA Corporation (NVDA) at 10.06%. This indicates that 639.DE's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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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
639.DE vs. NVDA - Profitability Comparison
639.DE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Spotify Technology SA reported a gross profit of 1.33B and revenue of 4.19B. Therefore, the gross margin over that period was 31.7%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, NVIDIA Corporation reported a gross profit of 28.72B and revenue of 39.33B. Therefore, the gross margin over that period was 73.0%.
639.DE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Spotify Technology SA reported an operating income of 509.00M and revenue of 4.19B, resulting in an operating margin of 12.2%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, NVIDIA Corporation reported an operating income of 24.03B and revenue of 39.33B, resulting in an operating margin of 61.1%.
639.DE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Spotify Technology SA reported a net income of 218.89M and revenue of 4.19B, resulting in a net margin of 5.2%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, NVIDIA Corporation reported a net income of 22.09B and revenue of 39.33B, resulting in a net margin of 56.2%.