GLBE vs. NVMI
GLBE (Global-e Online Ltd.) and NVMI (Nova Ltd) are both stocks. GLBE operates in Internet Retail (Consumer Cyclical), while NVMI operates in Semiconductor Equipment & Materials (Technology). Over the past 5 years, GLBE returned -2.18%/yr vs 38.84%/yr for NVMI. At a 0.35 correlation, their price movements are largely independent.
Performance
GLBE vs. NVMI - Performance Comparison
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Returns By Period
In the year-to-date period, GLBE achieves a -19.13% return, which is significantly lower than NVMI's 61.41% return.
GLBE
- 1D
- -4.53%
- 1M
- -1.88%
- YTD
- -19.13%
- 6M
- -22.72%
- 1Y
- -3.40%
- 3Y*
- -2.91%
- 5Y*
- -2.18%
- 10Y*
- —
NVMI
- 1D
- 1.32%
- 1M
- 7.67%
- YTD
- 61.41%
- 6M
- 64.32%
- 1Y
- 152.74%
- 3Y*
- 67.94%
- 5Y*
- 38.84%
- 10Y*
- 46.26%
GLBE vs. NVMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GLBE Global-e Online Ltd. | -19.13% | -27.91% | 37.60% | 92.01% | -67.44% | 148.59% |
NVMI Nova Ltd | 61.41% | 66.74% | 43.35% | 68.21% | -44.25% | 73.56% |
Correlation
The correlation between GLBE and NVMI is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since May 13, 2021 | 0.35 |
Over the past year, the correlation between GLBE and NVMI has dropped to 0.10 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Fundamentals
GLBE:
$5.53B
NVMI:
$18.25B
GLBE:
$0.67
NVMI:
$7.94
GLBE:
47.48
NVMI:
66.74
GLBE:
0.01
NVMI:
2.31
GLBE:
5.40
NVMI:
19.50
GLBE:
6.07
NVMI:
13.16
GLBE:
$1.02B
NVMI:
$902.53M
GLBE:
$467.05M
NVMI:
$518.59M
GLBE:
$146.46M
NVMI:
$293.89M
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Return for Risk
GLBE vs. NVMI — Risk / Return Rank
GLBE
NVMI
GLBE vs. NVMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global-e Online Ltd. (GLBE) and Nova Ltd (NVMI). 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.
| GLBE | NVMI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.07 | 2.95 | -3.03 |
Sortino ratioReturn per unit of downside risk | 0.23 | 3.05 | -2.81 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.40 | -0.37 |
Calmar ratioReturn relative to maximum drawdown | -0.10 | 7.13 | -7.23 |
Martin ratioReturn relative to average drawdown | -0.24 | 19.29 | -19.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLBE | NVMI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | 2.95 | -3.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.83 | -0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.21 | -0.14 |
Drawdowns
GLBE vs. NVMI - Drawdown Comparison
The maximum GLBE drawdown since its inception was -79.10%, smaller than the maximum NVMI drawdown of -98.22%. Use the drawdown chart below to compare losses from any high point for GLBE and NVMI.
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Drawdown Indicators
| GLBE | NVMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.10% | -98.22% | +19.12% |
Max Drawdown (1Y)Largest decline over 1 year | -33.78% | -21.56% | -12.22% |
Max Drawdown (3Y)Largest decline over 3 years | -56.17% | -40.79% | -15.38% |
Max Drawdown (5Y)Largest decline over 5 years | -79.10% | -52.76% | -26.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.76% | — |
Current DrawdownCurrent decline from peak | -61.08% | -4.69% | -56.39% |
Average DrawdownAverage peak-to-trough decline | -52.28% | -51.81% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.23% | 7.95% | +6.28% |
Volatility
GLBE vs. NVMI - Volatility Comparison
The current volatility for Global-e Online Ltd. (GLBE) is 19.51%, while Nova Ltd (NVMI) has a volatility of 22.17%. This indicates that GLBE experiences smaller price fluctuations and is considered to be less risky than NVMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLBE | NVMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.51% | 22.17% | -2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 36.60% | 39.24% | -2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.59% | 52.03% | -5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.40% | 47.05% | +21.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.27% | 43.15% | +25.12% |
Dividends
GLBE vs. NVMI - Dividend Comparison
Neither GLBE nor NVMI has paid dividends to shareholders.
Financials
GLBE vs. NVMI - Financials Comparison
This section allows you to compare key financial metrics between Global-e Online Ltd. and Nova Ltd. 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
GLBE vs. NVMI - Profitability Comparison
GLBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Global-e Online Ltd. reported a gross profit of 114.88M and revenue of 252.09M. Therefore, the gross margin over that period was 45.6%.
NVMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported a gross profit of 135.69M and revenue of 235.31M. Therefore, the gross margin over that period was 57.7%.
GLBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Global-e Online Ltd. reported an operating income of 32.97M and revenue of 252.09M, resulting in an operating margin of 13.1%.
NVMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported an operating income of 70.84M and revenue of 235.31M, resulting in an operating margin of 30.1%.
GLBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Global-e Online Ltd. reported a net income of 30.36M and revenue of 252.09M, resulting in a net margin of 12.0%.
NVMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported a net income of 69.26M and revenue of 235.31M, resulting in a net margin of 29.4%.
Frequently Asked Questions
GLBE and NVMI have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVMI has higher volatility (22.17%) compared to GLBE (19.51%). In terms of maximum drawdown, GLBE dropped -79.10% vs NVMI's -98.22%.
NVMI currently has the higher Sharpe Ratio (2.95 vs -0.07), 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.
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