INVX vs. NESR
INVX (Innovex International, Inc) and NESR (National Energy Services Reunited Corp.) are both stocks. Both operate in the Oil & Gas Equipment & Services industry within the Energy sector. Over the past 5 years, INVX returned -7.06%/yr vs 11.17%/yr for NESR. At a 0.36 correlation, their price movements are largely independent.
Performance
INVX vs. NESR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, INVX achieves a 17.33% return, which is significantly lower than NESR's 60.03% return.
INVX
- 1D
- 0.35%
- 1M
- -14.61%
- YTD
- 17.33%
- 6M
- 16.42%
- 1Y
- 59.78%
- 3Y*
- 4.74%
- 5Y*
- -7.06%
- 10Y*
- -8.12%
NESR
- 1D
- 2.12%
- 1M
- -2.72%
- YTD
- 60.03%
- 6M
- 68.30%
- 1Y
- 304.85%
- 3Y*
- 104.51%
- 5Y*
- 11.17%
- 10Y*
- —
INVX vs. NESR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INVX Innovex International, Inc | 17.33% | 56.55% | -39.97% | -14.35% | 38.06% | -33.56% | -36.86% | 56.21% | -37.04% | -5.54% |
NESR National Energy Services Reunited Corp. | 60.03% | 74.78% | 46.89% | -12.10% | -26.56% | -4.83% | 8.88% | 5.31% | -12.96% | 5.29% |
Correlation
The correlation between INVX and NESR is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2017 | 0.36 |
The correlation between INVX and NESR shifts across timeframes, from 0.27 (3 years) to 0.43 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
INVX:
$1.77B
NESR:
$2.58B
INVX:
$0.75
NESR:
$0.64
INVX:
34.26
NESR:
39.15
INVX:
0.10
NESR:
0.40
INVX:
1.82
NESR:
1.77
INVX:
1.72
NESR:
2.59
INVX:
$976.87M
NESR:
$1.43B
INVX:
$280.46M
NESR:
$179.11M
INVX:
$157.28M
NESR:
$185.56M
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
INVX vs. NESR — Risk / Return Rank
INVX
NESR
INVX vs. NESR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovex International, Inc (INVX) and National Energy Services Reunited Corp. (NESR). 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.
| INVX | NESR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.24 | ||
| Sortino ratioReturn per unit of downside risk | -3.40 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.67 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 11.21 | -7.86 |
| Martin ratioReturn relative to average drawdown | 8.02 | 38.72 | -30.70 |
Loading charts...
Drawdowns
INVX vs. NESR - Drawdown Comparison
The maximum INVX drawdown since its inception was -89.50%, which is greater than NESR's maximum drawdown of -83.12%. Use the drawdown chart below to compare losses from any high point for INVX and NESR.
Loading charts...
Drawdown Indicators
| INVX | NESR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.50% | -83.12% | -6.38% |
Max Drawdown (1Y)Largest decline over 1 year | -17.91% | -27.39% | +9.48% |
Max Drawdown (3Y)Largest decline over 3 years | -58.93% | -45.64% | -13.29% |
Max Drawdown (5Y)Largest decline over 5 years | -68.88% | -82.31% | +13.43% |
Max Drawdown (10Y)Largest decline over 10 years | -81.31% | — | — |
Current DrawdownCurrent decline from peak | -78.51% | -6.63% | -71.88% |
Average DrawdownAverage peak-to-trough decline | -45.42% | -35.84% | -9.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.51% | 7.95% | -0.44% |
Volatility
INVX vs. NESR - Volatility Comparison
Innovex International, Inc (INVX) and National Energy Services Reunited Corp. (NESR) have volatilities of 16.12% and 15.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INVX | NESR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.12% | 15.56% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 30.92% | 38.43% | -7.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.15% | 54.30% | -12.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.43% | 55.78% | -9.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.68% | 52.29% | -5.61% |
Dividends
INVX vs. NESR - Dividend Comparison
Neither INVX nor NESR has paid dividends to shareholders.
Financials
INVX vs. NESR - Financials Comparison
This section allows you to compare key financial metrics between Innovex International, Inc and National Energy Services Reunited Corp.. 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
INVX vs. NESR - Profitability Comparison
INVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innovex International, Inc reported a gross profit of 84.51M and revenue of 239.03M. Therefore, the gross margin over that period was 35.4%.
NESR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Energy Services Reunited Corp. reported a gross profit of 51.83M and revenue of 404.59M. Therefore, the gross margin over that period was 12.8%.
INVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innovex International, Inc reported an operating income of -21.83M and revenue of 239.03M, resulting in an operating margin of -9.1%.
NESR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Energy Services Reunited Corp. reported an operating income of 36.04M and revenue of 404.59M, resulting in an operating margin of 8.9%.
INVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innovex International, Inc reported a net income of -16.67M and revenue of 239.03M, resulting in a net margin of -7.0%.
NESR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Energy Services Reunited Corp. reported a net income of 23.83M and revenue of 404.59M, resulting in a net margin of 5.9%.
Frequently Asked Questions
INVX and NESR have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INVX has higher volatility (16.12%) compared to NESR (15.56%). In terms of maximum drawdown, INVX dropped -89.50% vs NESR's -83.12%.
NESR currently has the higher Sharpe Ratio (5.67 vs 1.43), 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 INVX and NESR
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