ICL vs. NVMI
ICL (ICL Group Ltd) and NVMI (Nova Ltd) are both stocks. ICL operates in Agricultural Inputs (Basic Materials), while NVMI operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, ICL returned 9.01%/yr vs 46.09%/yr for NVMI. At a 0.26 correlation, their price movements are largely independent.
Performance
ICL vs. NVMI - Performance Comparison
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Returns By Period
In the year-to-date period, ICL achieves a -0.43% return, which is significantly lower than NVMI's 54.68% return. Over the past 10 years, ICL has underperformed NVMI with an annualized return of 9.01%, while NVMI has yielded a comparatively higher 46.09% annualized return.
ICL
- 1D
- -0.18%
- 1M
- -11.52%
- YTD
- -0.43%
- 6M
- 11.48%
- 1Y
- -13.76%
- 3Y*
- 3.81%
- 5Y*
- 0.16%
- 10Y*
- 9.01%
NVMI
- 1D
- 6.77%
- 1M
- -2.53%
- YTD
- 54.68%
- 6M
- 52.63%
- 1Y
- 134.08%
- 3Y*
- 63.36%
- 5Y*
- 38.40%
- 10Y*
- 46.09%
ICL vs. NVMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICL ICL Group Ltd | -0.43% | 18.12% | 2.81% | -27.23% | -14.74% | 97.88% | 7.98% | -11.61% | 52.00% | 5.43% |
NVMI Nova Ltd | 54.68% | 66.74% | 43.35% | 68.21% | -44.25% | 107.51% | 86.62% | 66.07% | -12.08% | 96.88% |
Correlation
The correlation between ICL and NVMI is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2014 | 0.26 |
The correlation between ICL and NVMI shifts across timeframes, from 0.15 (1 year) to 0.27 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ICL:
$7.21B
NVMI:
$17.49B
ICL:
$0.20
NVMI:
$7.94
ICL:
27.66
NVMI:
63.96
ICL:
20.23
NVMI:
2.22
ICL:
0.97
NVMI:
18.68
ICL:
1.19
NVMI:
12.61
ICL:
$7.41B
NVMI:
$902.53M
ICL:
$2.25B
NVMI:
$518.59M
ICL:
$1.35B
NVMI:
$293.89M
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Return for Risk
ICL vs. NVMI — Risk / Return Rank
ICL
NVMI
ICL vs. NVMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ICL Group Ltd (ICL) 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.
| ICL | NVMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -3.02 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.36 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 6.26 | -6.67 |
| Martin ratioReturn relative to average drawdown | -0.68 | 16.77 | -17.45 |
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
| ICL | NVMI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.36 | 2.55 | -2.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.82 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 1.07 | -0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.21 | -0.11 |
Drawdowns
ICL vs. NVMI - Drawdown Comparison
The maximum ICL drawdown since its inception was -63.87%, smaller than the maximum NVMI drawdown of -98.22%. Use the drawdown chart below to compare losses from any high point for ICL and NVMI.
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Drawdown Indicators
| ICL | NVMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.87% | -98.22% | +34.35% |
Max Drawdown (1Y)Largest decline over 1 year | -33.77% | -21.56% | -12.21% |
Max Drawdown (3Y)Largest decline over 3 years | -40.93% | -40.79% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -63.87% | -52.76% | -11.11% |
Max Drawdown (10Y)Largest decline over 10 years | -63.87% | -52.76% | -11.11% |
Current DrawdownCurrent decline from peak | -43.52% | -8.66% | -34.86% |
Average DrawdownAverage peak-to-trough decline | -30.37% | -51.79% | +21.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.33% | 8.03% | +12.30% |
Volatility
ICL vs. NVMI - Volatility Comparison
The current volatility for ICL Group Ltd (ICL) is 13.68%, while Nova Ltd (NVMI) has a volatility of 23.58%. This indicates that ICL 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
| ICL | NVMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.68% | 23.58% | -9.90% |
Volatility (6M)Calculated over the trailing 6-month period | 26.72% | 40.72% | -14.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.27% | 52.91% | -14.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.25% | 47.27% | -10.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.73% | 43.30% | -8.57% |
Dividends
ICL vs. NVMI - Dividend Comparison
ICL's dividend yield for the trailing twelve months is around 2.64%, while NVMI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICL ICL Group Ltd | 2.64% | 2.29% | 3.96% | 7.34% | 16.15% | 2.58% | 1.82% | 4.45% | 6.65% | 7.23% | 4.23% | 6.73% |
NVMI Nova Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ICL vs. NVMI - Financials Comparison
This section allows you to compare key financial metrics between ICL Group 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
ICL vs. NVMI - Profitability Comparison
ICL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ICL Group Ltd reported a gross profit of 626.00M and revenue of 2.02B. Therefore, the gross margin over that period was 30.9%.
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%.
ICL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ICL Group Ltd reported an operating income of 234.00M and revenue of 2.02B, resulting in an operating margin of 11.6%.
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%.
ICL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ICL Group Ltd reported a net income of 126.00M and revenue of 2.02B, resulting in a net margin of 6.2%.
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
ICL and NVMI have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVMI has higher volatility (23.58%) compared to ICL (13.68%). In terms of maximum drawdown, ICL dropped -63.87% vs NVMI's -98.22%.
NVMI currently has the higher Sharpe Ratio (2.55 vs -0.36), 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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