HPE vs. NVDA
HPE (Hewlett Packard Enterprise Company) and NVDA (NVIDIA Corporation) are both stocks. Both are in the Technology sector — HPE in Communication Equipment, NVDA in Semiconductors. Over the past 10 years, HPE returned 19.47%/yr vs 67.95%/yr for NVDA. At a 0.39 correlation, their price movements are largely independent.
Performance
HPE vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, HPE achieves a 101.83% return, which is significantly higher than NVDA's 10.16% return. Over the past 10 years, HPE has underperformed NVDA with an annualized return of 19.47%, while NVDA has yielded a comparatively higher 67.95% annualized return.
HPE
- 1D
- 2.93%
- 1M
- 50.20%
- YTD
- 101.83%
- 6M
- 104.32%
- 1Y
- 172.40%
- 3Y*
- 46.46%
- 5Y*
- 28.53%
- 10Y*
- 19.47%
NVDA
- 1D
- 0.16%
- 1M
- -9.03%
- YTD
- 10.16%
- 6M
- 17.38%
- 1Y
- 41.70%
- 3Y*
- 71.13%
- 5Y*
- 63.13%
- 10Y*
- 67.95%
HPE vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HPE Hewlett Packard Enterprise Company | 101.83% | 15.54% | 29.14% | 9.72% | 4.49% | 37.37% | -21.94% | 23.74% | -5.62% | 7.83% |
NVDA NVIDIA Corporation | 10.16% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between HPE and NVDA is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2015 | 0.39 |
Fundamentals
HPE:
$65.32B
NVDA:
$5.00T
HPE:
$1.10
NVDA:
$6.53
HPE:
43.87
NVDA:
31.44
HPE:
0.55
NVDA:
0.17
HPE:
1.69
NVDA:
19.80
HPE:
2.58
NVDA:
25.60
HPE:
$38.88B
NVDA:
$253.49B
HPE:
$5.56B
NVDA:
$187.95B
HPE:
$2.70B
NVDA:
$192.76B
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Return for Risk
HPE vs. NVDA — Risk / Return Rank
HPE
NVDA
HPE vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hewlett Packard Enterprise Company (HPE) 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.
| HPE | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.21 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 7.31 | 2.07 | +5.24 |
| Martin ratioReturn relative to average drawdown | 17.24 | 4.94 | +12.30 |
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Drawdowns
HPE vs. NVDA - Drawdown Comparison
The maximum HPE drawdown since its inception was -56.88%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for HPE and NVDA.
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Drawdown Indicators
| HPE | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.88% | -89.72% | +32.84% |
Max Drawdown (1Y)Largest decline over 1 year | -23.73% | -20.21% | -3.52% |
Max Drawdown (3Y)Largest decline over 3 years | -48.36% | -36.88% | -11.48% |
Max Drawdown (5Y)Largest decline over 5 years | -48.36% | -66.34% | +17.98% |
Max Drawdown (10Y)Largest decline over 10 years | -56.88% | -66.34% | +9.46% |
Current DrawdownCurrent decline from peak | -14.21% | -12.86% | -1.35% |
Average DrawdownAverage peak-to-trough decline | -14.71% | -36.18% | +21.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.04% | 8.46% | +1.58% |
Volatility
HPE vs. NVDA - Volatility Comparison
Hewlett Packard Enterprise Company (HPE) has a higher volatility of 28.73% compared to NVIDIA Corporation (NVDA) at 13.26%. This indicates that HPE'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.
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Volatility by Period
| HPE | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.73% | 13.26% | +15.47% |
Volatility (6M)Calculated over the trailing 6-month period | 40.38% | 26.67% | +13.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.22% | 35.00% | +14.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.16% | 51.76% | -12.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.18% | 49.84% | -12.66% |
Dividends
HPE vs. NVDA - Dividend Comparison
HPE's dividend yield for the trailing twelve months is around 1.13%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPE Hewlett Packard Enterprise Company | 1.13% | 2.22% | 2.44% | 2.89% | 3.01% | 3.04% | 4.05% | 2.88% | 3.12% | 70.62% | 0.99% | 0.36% |
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
HPE vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Hewlett Packard Enterprise Company 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
HPE vs. NVDA - Profitability Comparison
HPE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported a gross profit of -3.34B and revenue of 10.68B. Therefore, the gross margin over that period was -31.3%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
HPE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported an operating income of 319.00M and revenue of 10.68B, resulting in an operating margin of 3.0%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
HPE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported a net income of 604.00M and revenue of 10.68B, resulting in a net margin of 5.7%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
HPE and NVDA have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HPE has higher volatility (28.73%) compared to NVDA (13.26%). In terms of maximum drawdown, HPE dropped -56.88% vs NVDA's -89.72%.
HPE currently has the higher Sharpe Ratio (3.53 vs 1.20), 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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