FRHC vs. NVDA
FRHC (Freedom Holding Corp.) and NVDA (NVIDIA Corporation) are both stocks. FRHC operates in Capital Markets (Financial Services), while NVDA operates in Semiconductors (Technology). Over the past 5 years, FRHC returned 19.48%/yr vs 60.07%/yr for NVDA. At a 0.36 correlation, their price movements are largely independent.
Performance
FRHC vs. NVDA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FRHC achieves a 29.45% return, which is significantly higher than NVDA's 9.13% return.
FRHC
- 1D
- 3.16%
- 1M
- 9.62%
- 6M
- 25.02%
- YTD
- 29.45%
- 1Y
- -11.93%
- 3Y*
- 25.09%
- 5Y*
- 19.48%
- 10Y*
- —
- ALL TIME*
- 65.36%
NVDA
- 1D
- 0.23%
- 1M
- -3.52%
- 6M
- 9.29%
- YTD
- 9.13%
- 1Y
- 18.06%
- 3Y*
- 66.27%
- 5Y*
- 60.07%
- 10Y*
- 65.23%
- ALL TIME*
- 36.39%
FRHC vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRHC Freedom Holding Corp. | 29.45% | -6.89% | 62.15% | 38.44% | -16.02% | 35.12% | 252.89% | 76.03% | 29.87% | 236.51% |
NVDA NVIDIA Corporation | 9.13% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 8.18% |
Correlation
The correlation between FRHC and NVDA is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017 | 0.36 |
The correlation between FRHC and NVDA shifts across timeframes, from 0.28 (3 years) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FRHC:
$9.65B
NVDA:
$4.92T
FRHC:
$0.04
NVDA:
$6.53
FRHC:
3.62K
NVDA:
31.15
FRHC:
317.15
NVDA:
0.17
FRHC:
4.55
NVDA:
19.61
FRHC:
$2.12B
NVDA:
$253.49B
FRHC:
$1.05B
NVDA:
$187.95B
FRHC:
$542.59M
NVDA:
$192.76B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FRHC vs. NVDA — Risk / Return Rank
FRHC
NVDA
FRHC vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Freedom Holding Corp. (FRHC) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FRHC | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.11 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 0.90 | -1.19 |
| Martin ratioReturn relative to average drawdown | -0.49 | 1.90 | -2.40 |
Loading charts...
Drawdowns
FRHC vs. NVDA - Drawdown Comparison
The maximum FRHC drawdown since its inception was -45.93%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for FRHC and NVDA.
Loading charts...
Drawdown Indicators
| FRHC | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.93% | -89.72% | +43.79% |
Max Drawdown (1Y)Largest decline over 1 year | -41.08% | -20.21% | -20.87% |
Max Drawdown (3Y)Largest decline over 3 years | -41.08% | -36.88% | -4.20% |
Max Drawdown (5Y)Largest decline over 5 years | -45.93% | -66.34% | +20.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -17.16% | -13.67% | -3.49% |
Average DrawdownAverage peak-to-trough decline | -11.82% | -36.10% | +24.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.35% | 9.50% | +14.85% |
Volatility
FRHC vs. NVDA - Volatility Comparison
Freedom Holding Corp. (FRHC) has a higher volatility of 26.31% compared to NVIDIA Corporation (NVDA) at 10.95%. This indicates that FRHC'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.
Loading charts...
Volatility by Period
| FRHC | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.31% | 10.95% | +15.36% |
Volatility (6M)Calculated over the trailing 6-month period | 36.79% | 27.74% | +9.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.96% | 35.88% | +9.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.66% | 51.81% | -12.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.34% | 49.92% | -1.58% |
Dividends
FRHC vs. NVDA - Dividend Comparison
FRHC has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRHC Freedom Holding 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% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
FRHC vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Freedom Holding Corp. 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
FRHC vs. NVDA - Profitability Comparison
FRHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Freedom Holding Corp. reported a gross profit of 354.51M and revenue of 615.57M. Therefore, the gross margin over that period was 57.6%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
FRHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Freedom Holding Corp. reported an operating income of 199.99M and revenue of 615.57M, resulting in an operating margin of 32.5%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
FRHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Freedom Holding Corp. reported a net income of 76.24M and revenue of 615.57M, resulting in a net margin of 12.4%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
FRHC and NVDA have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRHC has higher volatility (26.31%) compared to NVDA (10.95%). In terms of maximum drawdown, FRHC dropped -45.93% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (0.51 vs -0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FRHC and NVDA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer