MMYT vs. NVDA
MMYT (MakeMyTrip Limited) and NVDA (NVIDIA Corporation) are both stocks. MMYT operates in Travel Services (Consumer Cyclical), while NVDA operates in Semiconductors (Technology). Over the past 10 years, MMYT returned 11.87%/yr vs 69.25%/yr for NVDA. At a 0.25 correlation, their price movements are largely independent.
Performance
MMYT vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, MMYT achieves a -45.00% return, which is significantly lower than NVDA's 17.39% return. Over the past 10 years, MMYT has underperformed NVDA with an annualized return of 11.87%, while NVDA has yielded a comparatively higher 69.25% annualized return.
MMYT
- 1D
- 1.76%
- 1M
- -4.02%
- YTD
- -45.00%
- 6M
- -39.64%
- 1Y
- -55.82%
- 3Y*
- 17.83%
- 5Y*
- 10.43%
- 10Y*
- 11.87%
NVDA
- 1D
- 1.94%
- 1M
- 11.41%
- YTD
- 17.39%
- 6M
- 19.38%
- 1Y
- 54.29%
- 3Y*
- 77.51%
- 5Y*
- 65.68%
- 10Y*
- 69.25%
MMYT vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MMYT MakeMyTrip Limited | -45.00% | -26.86% | 139.00% | 70.40% | -0.51% | -6.16% | 28.95% | -5.88% | -18.49% | 34.46% |
NVDA NVIDIA Corporation | 17.39% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between MMYT and NVDA is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2010 | 0.25 |
The correlation between MMYT and NVDA shifts across timeframes, from 0.10 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MMYT:
$4.72B
NVDA:
$5.33T
MMYT:
$0.49
NVDA:
$6.53
MMYT:
91.36
NVDA:
33.51
MMYT:
0.46
NVDA:
0.18
MMYT:
4.53
NVDA:
21.10
MMYT:
$1.04B
NVDA:
$253.49B
MMYT:
$725.37M
NVDA:
$187.95B
MMYT:
$204.47M
NVDA:
$192.76B
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Return for Risk
MMYT vs. NVDA — Risk / Return Rank
MMYT
NVDA
MMYT vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) 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.
| MMYT | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.74 | ||
| Sortino ratioReturn per unit of downside risk | -4.01 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.27 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 2.70 | -3.56 |
| Martin ratioReturn relative to average drawdown | -1.61 | 6.62 | -8.23 |
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
| MMYT | NVDA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.14 | 1.60 | -2.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 1.28 | -1.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 1.40 | -1.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.63 | -0.56 |
Drawdowns
MMYT vs. NVDA - Drawdown Comparison
The maximum MMYT drawdown since its inception was -73.45%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for MMYT and NVDA.
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Drawdown Indicators
| MMYT | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.45% | -89.72% | +16.27% |
Max Drawdown (1Y)Largest decline over 1 year | -64.83% | -20.21% | -44.62% |
Max Drawdown (3Y)Largest decline over 3 years | -69.87% | -36.88% | -32.99% |
Max Drawdown (5Y)Largest decline over 5 years | -69.87% | -66.34% | -3.53% |
Max Drawdown (10Y)Largest decline over 10 years | -73.45% | -66.34% | -7.11% |
Current DrawdownCurrent decline from peak | -62.50% | -7.14% | -55.36% |
Average DrawdownAverage peak-to-trough decline | -36.35% | -36.20% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.71% | 8.23% | +26.48% |
Volatility
MMYT vs. NVDA - Volatility Comparison
MakeMyTrip Limited (MMYT) has a higher volatility of 17.31% compared to NVIDIA Corporation (NVDA) at 12.53%. This indicates that MMYT'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
| MMYT | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.31% | 12.53% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 42.22% | 25.59% | +16.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.12% | 34.16% | +14.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.24% | 51.67% | -2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.39% | 49.80% | +3.59% |
Dividends
MMYT vs. NVDA - Dividend Comparison
MMYT has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.13%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMYT MakeMyTrip Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.13% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
MMYT vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between MakeMyTrip Limited and NVIDIA Corporation. 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
MMYT vs. NVDA - Profitability Comparison
MMYT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MakeMyTrip Limited reported a gross profit of 145.76M and revenue of 250.12M. Therefore, the gross margin over that period was 58.3%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
MMYT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MakeMyTrip Limited reported an operating income of 40.10M and revenue of 250.12M, resulting in an operating margin of 16.0%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
MMYT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MakeMyTrip Limited reported a net income of 24.25M and revenue of 250.12M, resulting in a net margin of 9.7%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
MMYT and NVDA have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MMYT has higher volatility (17.31%) compared to NVDA (12.53%). In terms of maximum drawdown, MMYT dropped -73.45% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.60 vs -1.14), 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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