INOD vs. NOW
INOD (Innodata Inc.) and NOW (ServiceNow, Inc) are both stocks. Both are in the Technology sector — INOD in Information Technology Services, NOW in Software - Application. Over the past 10 years, INOD returned 46.06%/yr vs 23.14%/yr for NOW. At a 0.20 correlation, their price movements are largely independent.
Performance
INOD vs. NOW - Performance Comparison
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Returns By Period
In the year-to-date period, INOD achieves a 112.50% return, which is significantly higher than NOW's -23.04% return. Over the past 10 years, INOD has outperformed NOW with an annualized return of 46.06%, while NOW has yielded a comparatively lower 23.14% annualized return.
INOD
- 1D
- -5.21%
- 1M
- 136.81%
- YTD
- 112.50%
- 6M
- 81.51%
- 1Y
- 144.51%
- 3Y*
- 111.83%
- 5Y*
- 72.06%
- 10Y*
- 46.06%
NOW
- 1D
- -7.64%
- 1M
- 28.19%
- YTD
- -23.04%
- 6M
- -29.22%
- 1Y
- -41.68%
- 3Y*
- 2.45%
- 5Y*
- 5.06%
- 10Y*
- 23.14%
INOD vs. NOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INOD Innodata Inc. | 112.50% | 28.92% | 385.50% | 174.54% | -49.92% | 11.70% | 364.91% | -24.00% | 10.29% | -44.49% |
NOW ServiceNow, Inc | -23.04% | -27.75% | 50.05% | 81.96% | -40.18% | 17.93% | 94.97% | 58.56% | 36.55% | 75.40% |
Correlation
The correlation between INOD and NOW is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2012 | 0.20 |
The correlation between INOD and NOW shifts across timeframes, from 0.20 (all time) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
INOD:
$3.85B
NOW:
$122.62B
INOD:
$1.11
NOW:
$1.68
INOD:
97.55
NOW:
70.18
INOD:
0.02
NOW:
0.59
INOD:
13.52
NOW:
8.83
INOD:
30.05
NOW:
9.03
INOD:
$283.42M
NOW:
$13.96B
INOD:
$76.88M
NOW:
$10.69B
INOD:
$37.35M
NOW:
$2.80B
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Return for Risk
INOD vs. NOW — Risk / Return Rank
INOD
NOW
INOD vs. NOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innodata Inc. (INOD) and ServiceNow, Inc (NOW). 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.
| INOD | NOW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.05 | ||
| Sortino ratioReturn per unit of downside risk | +3.86 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.85 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | -0.69 | +3.00 |
| Martin ratioReturn relative to average drawdown | 4.16 | -1.26 | +5.42 |
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
| INOD | NOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | -0.85 | +2.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.12 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.57 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.62 | -0.49 |
Drawdowns
INOD vs. NOW - Drawdown Comparison
The maximum INOD drawdown since its inception was -95.47%, which is greater than NOW's maximum drawdown of -64.54%. Use the drawdown chart below to compare losses from any high point for INOD and NOW.
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Drawdown Indicators
| INOD | NOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.47% | -64.54% | -30.93% |
Max Drawdown (1Y)Largest decline over 1 year | -63.03% | -60.28% | -2.75% |
Max Drawdown (3Y)Largest decline over 3 years | -63.03% | -64.54% | +1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -74.44% | -64.54% | -9.90% |
Max Drawdown (10Y)Largest decline over 10 years | -74.44% | -64.54% | -9.90% |
Current DrawdownCurrent decline from peak | -6.11% | -49.63% | +43.52% |
Average DrawdownAverage peak-to-trough decline | -60.11% | -13.71% | -46.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.85% | 33.08% | +1.77% |
Volatility
INOD vs. NOW - Volatility Comparison
Innodata Inc. (INOD) has a higher volatility of 69.16% compared to ServiceNow, Inc (NOW) at 24.43%. This indicates that INOD's price experiences larger fluctuations and is considered to be riskier than NOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INOD | NOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 69.16% | 24.43% | +44.73% |
Volatility (6M)Calculated over the trailing 6-month period | 86.87% | 46.21% | +40.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 121.37% | 49.35% | +72.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.47% | 43.32% | +63.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.14% | 40.78% | +48.36% |
Dividends
INOD vs. NOW - Dividend Comparison
Neither INOD nor NOW has paid dividends to shareholders.
Financials
INOD vs. NOW - Financials Comparison
This section allows you to compare key financial metrics between Innodata Inc. and ServiceNow, Inc. 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
INOD vs. NOW - Profitability Comparison
INOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a gross profit of 0.00 and revenue of 90.10M. Therefore, the gross margin over that period was 0.0%.
NOW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported a gross profit of 2.83B and revenue of 3.77B. Therefore, the gross margin over that period was 75.1%.
INOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported an operating income of 0.00 and revenue of 90.10M, resulting in an operating margin of 0.0%.
NOW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported an operating income of 503.00M and revenue of 3.77B, resulting in an operating margin of 13.3%.
INOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a net income of 14.90M and revenue of 90.10M, resulting in a net margin of 16.5%.
NOW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported a net income of 469.00M and revenue of 3.77B, resulting in a net margin of 12.4%.
Frequently Asked Questions
INOD and NOW have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INOD has higher volatility (69.16%) compared to NOW (24.43%). In terms of maximum drawdown, INOD dropped -95.47% vs NOW's -64.54%.
INOD currently has the higher Sharpe Ratio (1.20 vs -0.85), 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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