Correlation
The correlation between DKNG and NVDA is 0.48, 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.
DKNG vs. NVDA
Compare and contrast key facts about DraftKings Inc. (DKNG) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DKNG or NVDA.
Performance
DKNG vs. NVDA - Performance Comparison
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Key characteristics
DKNG:
-0.02
NVDA:
0.36
DKNG:
-0.06
NVDA:
1.08
DKNG:
0.99
NVDA:
1.14
DKNG:
-0.22
NVDA:
0.83
DKNG:
-0.64
NVDA:
2.04
DKNG:
20.10%
NVDA:
15.08%
DKNG:
47.80%
NVDA:
58.89%
DKNG:
-85.73%
NVDA:
-89.73%
DKNG:
-50.54%
NVDA:
-6.84%
Fundamentals
DKNG:
$17.64B
NVDA:
$3.30T
DKNG:
-$0.81
NVDA:
$2.94
DKNG:
3.53
NVDA:
25.32
DKNG:
20.21
NVDA:
41.44
DKNG:
$5.00B
NVDA:
$104.45B
DKNG:
$1.92B
NVDA:
$77.45B
DKNG:
-$194.13M
NVDA:
$68.38B
Returns By Period
In the year-to-date period, DKNG achieves a -4.30% return, which is significantly lower than NVDA's 3.66% return.
DKNG
-4.30%
7.16%
-17.27%
-1.00%
34.23%
-2.16%
N/A
NVDA
3.66%
27.67%
2.86%
21.25%
94.96%
73.54%
74.17%
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Risk-Adjusted Performance
DKNG vs. NVDA — Risk-Adjusted Performance Rank
DKNG
NVDA
DKNG vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DraftKings Inc. (DKNG) 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
DKNG vs. NVDA - Dividend Comparison
DKNG 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DKNG DraftKings Inc. | 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
DKNG vs. NVDA - Drawdown Comparison
The maximum DKNG drawdown since its inception was -85.73%, roughly equal to the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for DKNG and NVDA.
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Volatility
DKNG vs. NVDA - Volatility Comparison
DraftKings Inc. (DKNG) and NVIDIA Corporation (NVDA) have volatilities of 10.03% and 10.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
DKNG vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between DraftKings Inc. 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
DKNG vs. NVDA - Profitability Comparison
DKNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, DraftKings Inc. reported a gross profit of 565.00M and revenue of 1.41B. Therefore, the gross margin over that period was 40.1%.
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%.
DKNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, DraftKings Inc. reported an operating income of -46.33M and revenue of 1.41B, resulting in an operating margin of -3.3%.
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%.
DKNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, DraftKings Inc. reported a net income of -33.86M and revenue of 1.41B, resulting in a net margin of -2.4%.
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%.