IDCC vs. NVMI
IDCC (InterDigital, Inc.) and NVMI (Nova Ltd) are both stocks. IDCC operates in Telecom Services (Communication Services), while NVMI operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, IDCC returned 18.69%/yr vs 44.72%/yr for NVMI. At a 0.26 correlation, their price movements are largely independent.
Performance
IDCC vs. NVMI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDCC achieves a -16.22% return, which is significantly lower than NVMI's 44.92% return. Over the past 10 years, IDCC has underperformed NVMI with an annualized return of 18.69%, while NVMI has yielded a comparatively higher 44.72% annualized return.
IDCC
- 1D
- -0.53%
- 1M
- -4.01%
- 6M
- -13.70%
- YTD
- -16.22%
- 1Y
- 18.65%
- 3Y*
- 42.33%
- 5Y*
- 32.45%
- 10Y*
- 18.69%
NVMI
- 1D
- 0.40%
- 1M
- -14.96%
- 6M
- 20.77%
- YTD
- 44.92%
- 1Y
- 67.48%
- 3Y*
- 63.15%
- 5Y*
- 36.82%
- 10Y*
- 44.72%
IDCC vs. NVMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | -16.22% | 66.05% | 81.06% | 123.67% | -29.25% | 20.49% | 14.28% | -16.11% | -11.23% | -15.34% |
NVMI Nova Ltd | 44.92% | 66.74% | 43.35% | 68.21% | -44.25% | 107.51% | 86.62% | 66.07% | -12.08% | 96.88% |
Correlation
The correlation between IDCC and NVMI is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2000 | 0.26 |
The correlation between IDCC and NVMI shifts across timeframes, from 0.26 (all time) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IDCC:
$6.85B
NVMI:
$15.13B
IDCC:
$10.37
NVMI:
$7.85
IDCC:
25.53
NVMI:
60.61
IDCC:
0.32
NVMI:
2.10
IDCC:
11.29
NVMI:
17.71
IDCC:
8.46
NVMI:
11.81
IDCC:
$828.92M
NVMI:
$902.53M
IDCC:
$537.64M
NVMI:
$518.59M
IDCC:
$508.15M
NVMI:
$293.89M
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
IDCC vs. NVMI — Risk / Return Rank
IDCC
NVMI
IDCC vs. NVMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for InterDigital, Inc. (IDCC) 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.
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.
| IDCC | NVMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.22 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 2.60 | -2.14 |
| Martin ratioReturn relative to average drawdown | 0.98 | 7.43 | -6.45 |
Loading charts...
Drawdowns
IDCC vs. NVMI - Drawdown Comparison
The maximum IDCC drawdown since its inception was -93.83%, roughly equal to the maximum NVMI drawdown of -98.22%. Use the drawdown chart below to compare losses from any high point for IDCC and NVMI.
Loading charts...
Drawdown Indicators
| IDCC | NVMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.83% | -98.22% | +4.39% |
Max Drawdown (1Y)Largest decline over 1 year | -36.48% | -26.29% | -10.19% |
Max Drawdown (3Y)Largest decline over 3 years | -36.48% | -40.79% | +4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -44.99% | -52.76% | +7.77% |
Max Drawdown (10Y)Largest decline over 10 years | -64.94% | -52.76% | -12.18% |
Current DrawdownCurrent decline from peak | -32.73% | -21.42% | -11.31% |
Average DrawdownAverage peak-to-trough decline | -45.24% | -51.65% | +6.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.00% | 9.17% | +7.83% |
Volatility
IDCC vs. NVMI - Volatility Comparison
The current volatility for InterDigital, Inc. (IDCC) is 13.08%, while Nova Ltd (NVMI) has a volatility of 25.53%. This indicates that IDCC 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.
Loading charts...
Volatility by Period
| IDCC | NVMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.08% | 25.53% | -12.45% |
Volatility (6M)Calculated over the trailing 6-month period | 35.85% | 45.01% | -9.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.56% | 57.12% | -9.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.90% | 48.47% | -12.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.60% | 43.91% | -8.31% |
Dividends
IDCC vs. NVMI - Dividend Comparison
IDCC's dividend yield for the trailing twelve months is around 1.06%, while NVMI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | 1.06% | 0.74% | 0.85% | 1.34% | 2.83% | 1.95% | 2.31% | 2.57% | 2.11% | 1.64% | 0.99% | 1.63% |
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
IDCC vs. NVMI - Financials Comparison
This section allows you to compare key financial metrics between InterDigital, Inc. 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
IDCC vs. NVMI - Profitability Comparison
IDCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, InterDigital, Inc. reported a gross profit of 0.00 and revenue of 205.42M. Therefore, the gross margin over that period was 0.0%.
NVMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
IDCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, InterDigital, Inc. reported an operating income of 82.26M and revenue of 205.42M, resulting in an operating margin of 40.1%.
NVMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Nova Ltd reported an operating income of 70.84M and revenue of 235.31M, resulting in an operating margin of 30.1%.
IDCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, InterDigital, Inc. reported a net income of 75.33M and revenue of 205.42M, resulting in a net margin of 36.7%.
NVMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
IDCC and NVMI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVMI has higher volatility (25.53%) compared to IDCC (13.08%). In terms of maximum drawdown, IDCC dropped -93.83% vs NVMI's -98.22%.
NVMI currently has the higher Sharpe Ratio (1.20 vs 0.35), 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 IDCC and NVMI
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