NCNO vs. MQ
NCNO (nCino, Inc.) and MQ (Marqeta, Inc.) are both stocks. Both are in the Technology sector — NCNO in Software - Application, MQ in Software - Infrastructure. Over the past 3 years, NCNO returned -14.43%/yr vs -6.87%/yr for MQ. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
NCNO vs. MQ - Performance Comparison
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Returns By Period
In the year-to-date period, NCNO achieves a -41.34% return, which is significantly lower than MQ's -19.58% return.
NCNO
- 1D
- 0.80%
- 1M
- -15.27%
- YTD
- -41.34%
- 6M
- -38.81%
- 1Y
- -44.95%
- 3Y*
- -14.43%
- 5Y*
- -24.49%
- 10Y*
- —
MQ
- 1D
- -1.55%
- 1M
- -8.39%
- YTD
- -19.58%
- 6M
- -18.72%
- 1Y
- -30.16%
- 3Y*
- -6.87%
- 5Y*
- —
- 10Y*
- —
NCNO vs. MQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NCNO nCino, Inc. | -41.34% | -23.65% | -0.15% | 27.19% | -51.80% | -10.43% |
MQ Marqeta, Inc. | -19.58% | 25.33% | -45.70% | 14.24% | -64.41% | -43.74% |
Correlation
The correlation between NCNO and MQ 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 | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2021 | 0.54 |
The correlation between NCNO and MQ shifts across timeframes, from 0.44 (3 years) to 0.54 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NCNO:
$1.65B
MQ:
$1.66B
NCNO:
$0.12
MQ:
$0.00
NCNO:
129.20
MQ:
795.16
NCNO:
2.81
MQ:
2.65
NCNO:
1.70
MQ:
2.23
NCNO:
$610.06M
MQ:
$651.61M
NCNO:
$374.67M
MQ:
$456.19M
NCNO:
$49.42M
MQ:
$24.62M
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Return for Risk
NCNO vs. MQ — Risk / Return Rank
NCNO
MQ
NCNO vs. MQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for nCino, Inc. (NCNO) and Marqeta, Inc. (MQ). 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.
| NCNO | MQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.89 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | -0.68 | -0.10 |
| Martin ratioReturn relative to average drawdown | -1.38 | -1.00 | -0.38 |
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
| NCNO | MQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.98 | -0.72 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.49 | -0.53 | +0.04 |
Drawdowns
NCNO vs. MQ - Drawdown Comparison
The maximum NCNO drawdown since its inception was -85.71%, roughly equal to the maximum MQ drawdown of -89.71%. Use the drawdown chart below to compare losses from any high point for NCNO and MQ.
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Drawdown Indicators
| NCNO | MQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.71% | -89.71% | +4.00% |
Max Drawdown (1Y)Largest decline over 1 year | -57.14% | -44.22% | -12.92% |
Max Drawdown (3Y)Largest decline over 3 years | -67.14% | -53.34% | -13.80% |
Max Drawdown (5Y)Largest decline over 5 years | -82.07% | -89.71% | +7.64% |
Current DrawdownCurrent decline from peak | -84.66% | -88.51% | +3.85% |
Average DrawdownAverage peak-to-trough decline | -59.10% | -75.17% | +16.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.59% | 30.18% | +2.41% |
Volatility
NCNO vs. MQ - Volatility Comparison
nCino, Inc. (NCNO) has a higher volatility of 16.31% compared to Marqeta, Inc. (MQ) at 14.84%. This indicates that NCNO's price experiences larger fluctuations and is considered to be riskier than MQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NCNO | MQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.31% | 14.84% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 37.56% | 29.01% | +8.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.13% | 42.33% | +3.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.41% | 64.84% | -11.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.23% | 64.84% | -10.61% |
Dividends
NCNO vs. MQ - Dividend Comparison
Neither NCNO nor MQ has paid dividends to shareholders.
Financials
NCNO vs. MQ - Financials Comparison
This section allows you to compare key financial metrics between nCino, Inc. and Marqeta, 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
NCNO vs. MQ - Profitability Comparison
NCNO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, nCino, Inc. reported a gross profit of 100.94M and revenue of 159.41M. Therefore, the gross margin over that period was 63.3%.
MQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Marqeta, Inc. reported a gross profit of 117.59M and revenue of 165.80M. Therefore, the gross margin over that period was 70.9%.
NCNO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, nCino, Inc. reported an operating income of 21.12M and revenue of 159.41M, resulting in an operating margin of 13.3%.
MQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Marqeta, Inc. reported an operating income of 2.09M and revenue of 165.80M, resulting in an operating margin of 1.3%.
NCNO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, nCino, Inc. reported a net income of 13.64M and revenue of 159.41M, resulting in a net margin of 8.6%.
MQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Marqeta, Inc. reported a net income of 7.83M and revenue of 165.80M, resulting in a net margin of 4.7%.
Frequently Asked Questions
NCNO and MQ 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.
NCNO has higher volatility (16.31%) compared to MQ (14.84%). In terms of maximum drawdown, NCNO dropped -85.71% vs MQ's -89.71%.
MQ currently has the higher Sharpe Ratio (-0.72 vs -0.98), 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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