KDEF vs. NVDA
KDEF (PLUS Korea Defense Industry Index ETF) is Aerospace & Defense fund tracking the The Korea Defence Industry Index, while NVDA (NVIDIA Corporation) is a stock. Over the past year, KDEF returned -1.81% vs 21.19% for NVDA. At a 0.20 correlation, their price movements are largely independent.
Performance
KDEF vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, KDEF achieves a -12.28% return, which is significantly lower than NVDA's 11.34% return.
KDEF
- 1D
- 1.01%
- 1M
- -26.57%
- 6M
- -32.11%
- YTD
- -12.28%
- 1Y
- -1.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDA
- 1D
- -2.40%
- 1M
- -0.00%
- 6M
- 11.01%
- YTD
- 11.34%
- 1Y
- 21.19%
- 3Y*
- 64.76%
- 5Y*
- 62.87%
- 10Y*
- 66.09%
KDEF vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KDEF PLUS Korea Defense Industry Index ETF | -12.28% | 116.28% |
NVDA NVIDIA Corporation | 11.34% | 57.23% |
Correlation
The correlation between KDEF and NVDA is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2025 | 0.20 |
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Return for Risk
KDEF vs. NVDA — Risk / Return Rank
KDEF
NVDA
KDEF vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PLUS Korea Defense Industry Index ETF (KDEF) 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.
| KDEF | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.12 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 1.05 | -1.10 |
| Martin ratioReturn relative to average drawdown | -0.12 | 2.25 | -2.37 |
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Drawdowns
KDEF vs. NVDA - Drawdown Comparison
The maximum KDEF drawdown since its inception was -42.23%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for KDEF and NVDA.
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Drawdown Indicators
| KDEF | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.23% | -89.72% | +47.49% |
Max Drawdown (1Y)Largest decline over 1 year | -42.23% | -20.21% | -22.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -41.65% | -11.92% | -29.73% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -36.11% | +27.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.13% | 9.43% | +5.70% |
Volatility
KDEF vs. NVDA - Volatility Comparison
PLUS Korea Defense Industry Index ETF (KDEF) has a higher volatility of 16.56% compared to NVIDIA Corporation (NVDA) at 11.05%. This indicates that KDEF'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
| KDEF | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.56% | 11.05% | +5.51% |
Volatility (6M)Calculated over the trailing 6-month period | 39.99% | 27.76% | +12.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.14% | 35.75% | +12.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.43% | 51.82% | -3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.43% | 49.90% | -1.47% |
Dividends
KDEF vs. NVDA - Dividend Comparison
KDEF's dividend yield for the trailing twelve months is around 7.83%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KDEF PLUS Korea Defense Industry Index ETF | 7.83% | 5.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
KDEF and NVDA have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KDEF has higher volatility (16.56%) compared to NVDA (11.05%). In terms of maximum drawdown, KDEF dropped -42.23% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (0.60 vs -0.04), 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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