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.
Key characteristics
| DKNG | NVDA | |
|---|---|---|
| YTD Return | 18.64% | 79.30% |
| 1Y Return | 96.25% | 222.25% |
| 3Y Return (Ann) | -9.36% | 83.85% |
| Sharpe Ratio | 1.88 | 4.43 |
| Daily Std Dev | 48.35% | 49.51% |
| Max Drawdown | -85.73% | -89.72% |
| Current Drawdown | -41.90% | -6.54% |
Fundamentals
| DKNG | NVDA | |
|---|---|---|
| Market Cap | $19.92B | $2.22T |
| EPS | -$1.16 | $11.90 |
| Revenue (TTM) | $4.07B | $60.92B |
| Gross Profit (TTM) | $756.19M | $15.36B |
| EBITDA (TTM) | -$328.33M | $34.48B |
Correlation
The correlation between DKNG and NVDA is 0.40, 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
DKNG vs. NVDA - Performance Comparison
In the year-to-date period, DKNG achieves a 18.64% return, which is significantly lower than NVDA's 79.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
Drawdowns
DKNG vs. NVDA - Drawdown Comparison
The maximum DKNG drawdown since its inception was -85.73%, roughly equal to the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for DKNG and NVDA. For additional features, visit the drawdowns tool.
Volatility
DKNG vs. NVDA - Volatility Comparison
The current volatility for DraftKings Inc. (DKNG) is 12.30%, while NVIDIA Corporation (NVDA) has a volatility of 17.94%. This indicates that DKNG 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
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