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AVGO vs. NVDA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AVGONVDA
YTD Return19.24%82.46%
1Y Return116.09%234.96%
3Y Return (Ann)44.89%91.38%
5Y Return (Ann)39.01%82.71%
10Y Return (Ann)39.00%71.08%
Sharpe Ratio3.325.13
Daily Std Dev35.05%47.18%
Max Drawdown-48.30%-89.72%
Current Drawdown-5.40%-4.89%

Fundamentals


AVGONVDA
Market Cap$627.23B$2.36T
EPS$26.93$11.97
PE Ratio50.2678.77
PEG Ratio1.571.27
Revenue (TTM)$38.86B$60.92B
Gross Profit (TTM)$24.95B$15.36B
EBITDA (TTM)$20.40B$34.48B

Correlation

0.55
-1.001.00

The correlation between AVGO and NVDA is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

AVGO vs. NVDA - Performance Comparison

In the year-to-date period, AVGO achieves a 19.24% return, which is significantly lower than NVDA's 82.46% return. Over the past 10 years, AVGO has underperformed NVDA with an annualized return of 39.00%, while NVDA has yielded a comparatively higher 71.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


10,000.00%15,000.00%20,000.00%25,000.00%30,000.00%OctoberNovemberDecember2024FebruaryMarch
11,258.97%
29,934.57%
AVGO
NVDA

Compare stocks, funds, or ETFs


Broadcom Inc.

NVIDIA Corporation

Risk-Adjusted Performance

AVGO vs. NVDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AVGO
Broadcom Inc.
3.32
NVDA
NVIDIA Corporation
5.13

AVGO vs. NVDA - Sharpe Ratio Comparison

The current AVGO Sharpe Ratio is 3.32, which is lower than the NVDA Sharpe Ratio of 5.13. The chart below compares the 12-month rolling Sharpe Ratio of AVGO and NVDA.


Rolling 12-month Sharpe Ratio2.003.004.005.006.00OctoberNovemberDecember2024FebruaryMarch
3.32
5.13
AVGO
NVDA

Dividends

AVGO vs. NVDA - Dividend Comparison

AVGO's dividend yield for the trailing twelve months is around 1.49%, more than NVDA's 0.02% yield.


TTM20232022202120202019201820172016201520142013
AVGO
Broadcom Inc.
1.49%1.71%3.02%2.24%3.05%3.54%3.11%1.94%1.52%1.23%1.34%1.87%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%

Drawdowns

AVGO vs. NVDA - Drawdown Comparison

The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum NVDA drawdown of -89.72%. The drawdown chart below compares losses from any high point along the way for AVGO and NVDA


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-5.40%
-4.89%
AVGO
NVDA

Volatility

AVGO vs. NVDA - Volatility Comparison

Broadcom Inc. (AVGO) has a higher volatility of 14.54% compared to NVIDIA Corporation (NVDA) at 13.52%. This indicates that AVGO'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.


10.00%15.00%20.00%OctoberNovemberDecember2024FebruaryMarch
14.54%
13.52%
AVGO
NVDA