ENVX vs. NRG
Compare and contrast key facts about Enovix Corp (ENVX) and NRG Energy, Inc. (NRG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENVX or NRG.
Correlation
The correlation between ENVX and NRG is 0.23, 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.
Performance
ENVX vs. NRG - Performance Comparison
Key characteristics
ENVX:
-0.09
NRG:
2.70
ENVX:
0.69
NRG:
3.05
ENVX:
1.08
NRG:
1.42
ENVX:
-0.11
NRG:
5.60
ENVX:
-0.25
NRG:
16.77
ENVX:
35.76%
NRG:
6.50%
ENVX:
105.32%
NRG:
40.52%
ENVX:
-83.70%
NRG:
-79.41%
ENVX:
-70.07%
NRG:
-5.74%
Fundamentals
ENVX:
$2.04B
NRG:
$21.46B
ENVX:
-$1.27
NRG:
$4.04
ENVX:
$13.36M
NRG:
$21.36B
ENVX:
-$3.10M
NRG:
$2.21B
ENVX:
-$95.07M
NRG:
$2.27B
Returns By Period
In the year-to-date period, ENVX achieves a -1.38% return, which is significantly lower than NRG's 17.95% return.
ENVX
-1.38%
-11.48%
1.42%
12.25%
N/A
N/A
NRG
17.95%
-3.73%
28.02%
109.66%
26.87%
18.11%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ENVX vs. NRG — Risk-Adjusted Performance Rank
ENVX
NRG
ENVX vs. NRG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enovix Corp (ENVX) and NRG Energy, Inc. (NRG). 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
ENVX vs. NRG - Dividend Comparison
ENVX has not paid dividends to shareholders, while NRG's dividend yield for the trailing twelve months is around 1.57%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENVX Enovix Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NRG NRG Energy, Inc. | 1.57% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% | 2.00% |
Drawdowns
ENVX vs. NRG - Drawdown Comparison
The maximum ENVX drawdown since its inception was -83.70%, which is greater than NRG's maximum drawdown of -79.41%. Use the drawdown chart below to compare losses from any high point for ENVX and NRG. For additional features, visit the drawdowns tool.
Volatility
ENVX vs. NRG - Volatility Comparison
Enovix Corp (ENVX) has a higher volatility of 20.37% compared to NRG Energy, Inc. (NRG) at 17.88%. This indicates that ENVX's price experiences larger fluctuations and is considered to be riskier than NRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ENVX vs. NRG - Financials Comparison
This section allows you to compare key financial metrics between Enovix Corp and NRG Energy, Inc.. 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