NEOV vs. NKE

Last updated Jun 4, 2026

NEOV (NeoVolta Inc. Common Stock) and NKE (NIKE, Inc.) are both stocks. NEOV operates in Electrical Equipment & Parts (Industrials), while NKE operates in Footwear & Accessories (Consumer Cyclical). Over the past 5 years, NEOV returned -22.15%/yr vs -18.67%/yr for NKE. At a 0.07 correlation, their price movements are largely independent.

Performance

NEOV vs. NKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NeoVolta Inc. Common Stock (NEOV) and NIKE, Inc. (NKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEOV achieves a -35.86% return, which is significantly lower than NKE's -30.16% return.

NEOV

• 1D: -7.14%
• 1M: -24.42%
• YTD: -35.86%
• 6M: -53.01%
• 1Y: -40.91%
• 3Y*: -11.57%
• 5Y*: -22.15%
• 10Y*: —

NKE

• 1D: 0.18%
• 1M: 2.58%
• YTD: -30.16%
• 6M: -32.22%
• 1Y: -27.83%
• 3Y*: -24.37%
• 5Y*: -18.67%
• 10Y*: -0.61%

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

NEOV vs. NKE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
NEOV NeoVolta Inc. Common Stock	-35.86%	-41.65%	225.62%	-42.65%	-60.20%	60.78%	237.98%
NKE NIKE, Inc.	-30.16%	-13.83%	-29.11%	-6.01%	-29.04%	18.70%	53.23%

Correlation

The correlation between NEOV and NKE is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.07

Fundamentals

Market Cap NEOV : $78.37M NKE : $64.86B
EPS NEOV : -$0.32 NKE : $1.52
PS Ratio NEOV : 4.36 NKE : 1.39
PB Ratio NEOV : 3.53 NKE : 4.60
Total Revenue (TTM) NEOV : $16.05M NKE : $46.52B
Gross Profit (TTM) NEOV : $3.74M NKE : $18.99B
EBITDA (TTM) NEOV : -$9.07M NKE : $3.33B

Return for Risk

NEOV vs. NKE — Risk / Return Rank

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

NEOV

NEOV Risk / Return Rank: 28
NEOV Sharpe Ratio Rank: 27
NEOV Sortino Ratio Rank: 37
NEOV Omega Ratio Rank: 37
NEOV Calmar Ratio Rank: 22
NEOV Martin Ratio Rank: 16

NKE

NKE Risk / Return Rank: 13
NKE Sharpe Ratio Rank: 10
NKE Sortino Ratio Rank: 12
NKE Omega Ratio Rank: 12
NKE Calmar Ratio Rank: 19
NKE Martin Ratio Rank: 14

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.

NEOV vs. NKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NeoVolta Inc. Common Stock (NEOV) and NIKE, Inc. (NKE). 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.

	NEOV	NKE	Difference
Sharpe ratio Return per unit of total volatility	-0.34	-0.73	+0.40
Sortino ratio Return per unit of downside risk	0.27	-0.91	+1.18
Omega ratio Gain probability vs. loss probability	1.03	0.88	+0.15
Calmar ratio Return relative to maximum drawdown	-0.56	-0.60	+0.05
Martin ratio Return relative to average drawdown	-1.17	-1.19	+0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NEOV vs. NKE - Sharpe Ratio Comparison

The current NEOV Sharpe Ratio is -0.34, which is higher than the NKE Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of NEOV and NKE, 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

	NEOV	NKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.34	-0.73	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	-0.52	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.41	-0.33

Drawdowns

NEOV vs. NKE - Drawdown Comparison

The maximum NEOV drawdown since its inception was -90.38%, which is greater than NKE's maximum drawdown of -75.19%. Use the drawdown chart below to compare losses from any high point for NEOV and NKE.

Drawdown Indicators

	NEOV	NKE	Difference
Max Drawdown Largest peak-to-trough decline	-90.38%	-75.19%	-15.19%
Max Drawdown (1Y) Largest decline over 1 year	-73.60%	-46.18%	-27.42%
Max Drawdown (3Y) Largest decline over 3 years	-84.32%	-64.21%	-20.11%
Max Drawdown (5Y) Largest decline over 5 years	-90.38%	-74.64%	-15.74%
Max Drawdown (10Y) Largest decline over 10 years	—	-74.64%	—
Current Drawdown Current decline from peak	-72.80%	-73.24%	+0.44%
Average Drawdown Average peak-to-trough decline	-38.85%	-20.90%	-17.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.99%	23.33%	+11.66%

Volatility

NEOV vs. NKE - Volatility Comparison

NeoVolta Inc. Common Stock (NEOV) has a higher volatility of 71.61% compared to NIKE, Inc. (NKE) at 9.55%. This indicates that NEOV's price experiences larger fluctuations and is considered to be riskier than NKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEOV	NKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	71.61%	9.55%	+62.06%
Volatility (6M) Calculated over the trailing 6-month period	103.23%	29.22%	+74.01%
Volatility (1Y) Calculated over the trailing 1-year period	122.02%	38.14%	+83.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.68%	35.81%	+57.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.63%	32.25%	+54.38%

Dividends

NEOV vs. NKE - Dividend Comparison

NEOV has not paid dividends to shareholders, while NKE's dividend yield for the trailing twelve months is around 3.72%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEOV NeoVolta Inc. Common Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NKE NIKE, Inc.	3.72%	2.53%	2.00%	1.28%	1.07%	0.68%	0.71%	0.89%	1.11%	1.18%	1.30%	0.93%

Financials

Frequently Asked Questions

Can I hold both NEOV and NKE in my portfolio?

NEOV and NKE 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.

Which is riskier, NEOV or NKE?

NEOV has higher volatility (71.61%) compared to NKE (9.55%). In terms of maximum drawdown, NEOV dropped -90.38% vs NKE's -75.19%.

Which has better risk-adjusted returns?

NEOV currently has the higher Sharpe Ratio (-0.34 vs -0.73), 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.