MNDY vs. NICE

Last updated Jun 9, 2026

MNDY (monday.com Ltd.) and NICE (NICE Ltd.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 3 years, MNDY returned -21.74%/yr vs -24.93%/yr for NICE. At a 0.49 correlation, their price movements are largely independent.

Performance

MNDY vs. NICE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in monday.com Ltd. (MNDY) and NICE Ltd. (NICE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MNDY achieves a -43.24% return, which is significantly lower than NICE's -19.19% return.

MNDY

• 1D: -2.31%
• 1M: 16.22%
• YTD: -43.24%
• 6M: -48.29%
• 1Y: -72.56%
• 3Y*: -21.74%
• 5Y*: —
• 10Y*: —

NICE

• 1D: -1.92%
• 1M: -1.49%
• YTD: -19.19%
• 6M: -13.59%
• 1Y: -48.30%
• 3Y*: -24.93%
• 5Y*: -16.72%
• 10Y*: 4.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MNDY vs. NICE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MNDY monday.com Ltd.	-43.24%	-37.33%	25.36%	53.94%	-60.48%	72.59%
NICE NICE Ltd.	-19.19%	-33.44%	-14.87%	3.75%	-36.66%	33.72%

Correlation

The correlation between MNDY and NICE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021	0.49

Fundamentals

Market Cap MNDY : $4.09B NICE : $5.54B
EPS MNDY : $2.29 NICE : $8.49
PE Ratio MNDY : 36.55 NICE : 10.76
PEG Ratio MNDY : 0.14 NICE : 0.33
PS Ratio MNDY : 3.35 NICE : 1.89
PB Ratio MNDY : 5.39 NICE : 1.51
Total Revenue (TTM) MNDY : $1.30B NICE : $3.01B
Gross Profit (TTM) MNDY : $1.16B NICE : $1.98B
EBITDA (TTM) MNDY : $62.24M NICE : $841.27M

Return for Risk

MNDY vs. NICE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MNDY

MNDY Risk / Return Rank: 5
MNDY Sharpe Ratio Rank: 3
MNDY Sortino Ratio Rank: 3
MNDY Omega Ratio Rank: 2
MNDY Calmar Ratio Rank: 7
MNDY Martin Ratio Rank: 11

NICE

NICE Risk / Return Rank: 6
NICE Sharpe Ratio Rank: 6
NICE Sortino Ratio Rank: 8
NICE Omega Ratio Rank: 6
NICE Calmar Ratio Rank: 4
NICE Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MNDY vs. NICE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for monday.com Ltd. (MNDY) and NICE Ltd. (NICE). 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.

	MNDY	NICE	Difference
Sharpe ratio: Return per unit of total volatility	-1.11	-0.95	-0.16
Sortino ratio: Return per unit of downside risk	-1.96	-1.31	-0.66
Omega ratio: Gain probability vs. loss probability	0.74	0.81	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.89	-0.94	+0.05
Martin ratio: Return relative to average drawdown	-1.30	-1.50	+0.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MNDY vs. NICE - Sharpe Ratio Comparison

The current MNDY Sharpe Ratio is -1.11, which is comparable to the NICE Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of MNDY and NICE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MNDY	NICE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.11	-0.95	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.20	0.23	-0.43

Drawdowns

MNDY vs. NICE - Drawdown Comparison

The maximum MNDY drawdown since its inception was -86.78%, smaller than the maximum NICE drawdown of -93.23%. Use the drawdown chart below to compare losses from any high point for MNDY and NICE.

Drawdown Indicators

	MNDY	NICE	Difference
Max Drawdown Largest peak-to-trough decline	-86.78%	-93.23%	+6.45%
Max Drawdown (1Y) Largest decline over 1 year	-81.30%	-51.56%	-29.74%
Max Drawdown (3Y) Largest decline over 3 years	-82.07%	-66.98%	-15.09%
Max Drawdown (5Y) Largest decline over 5 years	—	-72.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.58%	—
Current Drawdown Current decline from peak	-81.16%	-71.00%	-10.16%
Average Drawdown Average peak-to-trough decline	-54.25%	-35.17%	-19.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.62%	32.15%	+23.47%

Volatility

MNDY vs. NICE - Volatility Comparison

monday.com Ltd. (MNDY) has a higher volatility of 24.66% compared to NICE Ltd. (NICE) at 12.47%. This indicates that MNDY's price experiences larger fluctuations and is considered to be riskier than NICE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MNDY	NICE	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.66%	12.47%	+12.19%
Volatility (6M) Calculated over the trailing 6-month period	49.21%	41.62%	+7.59%
Volatility (1Y) Calculated over the trailing 1-year period	65.57%	50.86%	+14.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.95%	39.81%	+32.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.95%	33.23%	+38.72%

Dividends

MNDY vs. NICE - Dividend Comparison

Neither MNDY nor NICE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MNDY monday.com 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%
NICE NICE Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.14%	0.76%	0.91%

Financials

MNDY vs. NICE - Profitability Comparison

The chart below illustrates the profitability comparison between monday.com Ltd. and NICE Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MNDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported a gross profit of 313.14M and revenue of 351.27M. Therefore, the gross margin over that period was 89.2%.

NICE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NICE Ltd. reported a gross profit of 493.46M and revenue of 766.53M. Therefore, the gross margin over that period was 64.4%.

MNDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported an operating income of 19.75M and revenue of 351.27M, resulting in an operating margin of 5.6%.

NICE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NICE Ltd. reported an operating income of 126.41M and revenue of 766.53M, resulting in an operating margin of 16.5%.

MNDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported a net income of 28.03M and revenue of 351.27M, resulting in a net margin of 8.0%.

NICE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NICE Ltd. reported a net income of 46.69M and revenue of 766.53M, resulting in a net margin of 6.1%.

Frequently Asked Questions

Can I hold both MNDY and NICE in my portfolio?

MNDY and NICE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MNDY or NICE?

MNDY has higher volatility (24.66%) compared to NICE (12.47%). In terms of maximum drawdown, MNDY dropped -86.78% vs NICE's -93.23%.

Which has better risk-adjusted returns?

NICE currently has the higher Sharpe Ratio (-0.95 vs -1.11), 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.