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AVGO vs. NVDA

Last updated Jun 3, 2023

Compare and contrast key facts about Broadcom Inc. (AVGO) and NVIDIA Corporation (NVDA).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVGO or NVDA.

Key characteristics


AVGONVDA
YTD Return46.27%169.15%
1Y Return45.37%100.92%
5Y Return (Ann)30.45%43.90%
10Y Return (Ann)39.62%61.01%
Sharpe Ratio1.361.90
Daily Std Dev33.83%60.47%
Max Drawdown-48.30%-89.72%

Fundamentals


AVGONVDA
Market Cap$338.54B$971.38B
EPS$29.70$1.91
PE Ratio27.34205.90
PEG Ratio0.864.04
Revenue (TTM)$34.41B$25.88B
Gross Profit (TTM)$24.95B$15.36B
EBITDA (TTM)$20.00B$6.09B

Correlation

0.54
-1.001.00

The correlation between AVGO and NVDA is 0.54, 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.

AVGO vs. NVDA - Performance Comparison

In the year-to-date period, AVGO achieves a 46.27% return, which is significantly lower than NVDA's 169.15% return. Over the past 10 years, AVGO has underperformed NVDA with an annualized return of 39.62%, while NVDA has yielded a comparatively higher 61.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%2023FebruaryMarchAprilMayJune
55.41%
136.81%
AVGO
NVDA

Compare stocks, funds, or ETFs


Broadcom Inc.

NVIDIA Corporation

AVGO vs. NVDA - Dividend Comparison

AVGO's dividend yield for the trailing twelve months is around 2.65%, more than NVDA's 0.05% yield.


TTM20222021202020192018201720162015201420132012
AVGO
Broadcom Inc.
2.65%3.04%2.33%3.26%3.97%3.61%2.33%1.86%1.53%1.69%2.40%2.54%
NVDA
NVIDIA Corporation
0.05%0.11%0.05%0.12%0.27%0.46%0.30%0.46%1.23%1.77%2.06%0.66%

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.
1.36
NVDA
NVIDIA Corporation
1.90

AVGO vs. NVDA - Sharpe Ratio Comparison

The current AVGO Sharpe Ratio is 1.36, which roughly equals the NVDA Sharpe Ratio of 1.90. The chart below compares the 12-month rolling Sharpe Ratio of AVGO and NVDA.


-1.00-0.500.000.501.001.502.002.502023FebruaryMarchAprilMayJune
1.36
1.90
AVGO
NVDA

AVGO vs. NVDA - Drawdown Comparison

The maximum AVGO drawdown for the period was -21.29%, higher than the maximum NVDA drawdown of -57.90%. The drawdown chart below compares losses from any high point along the way for AVGO and NVDA


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%2023FebruaryMarchAprilMayJune
-0.09%
-1.95%
AVGO
NVDA

AVGO vs. NVDA - Volatility Comparison

The current volatility for Broadcom Inc. (AVGO) is 13.99%, while NVIDIA Corporation (NVDA) has a volatility of 24.82%. This indicates that AVGO 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.


5.00%10.00%15.00%20.00%25.00%2023FebruaryMarchAprilMayJune
13.99%
24.82%
AVGO
NVDA