NICE vs. DLO
NICE (NICE Ltd.) and DLO (DLocal Limited) are both stocks. Both are in the Technology sector — NICE in Software - Application, DLO in Software - Infrastructure. Over the past 5 years, NICE returned -17.19%/yr vs -20.08%/yr for DLO. At a 0.35 correlation, their price movements are largely independent.
Performance
NICE vs. DLO - Performance Comparison
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Returns By Period
In the year-to-date period, NICE achieves a -11.77% return, which is significantly lower than DLO's 9.23% return.
NICE
- 1D
- 1.92%
- 1M
- 13.24%
- 6M
- -14.80%
- YTD
- -11.77%
- 1Y
- -35.59%
- 3Y*
- -21.22%
- 5Y*
- -17.19%
- 10Y*
- 4.49%
DLO
- 1D
- 4.26%
- 1M
- 23.10%
- 6M
- 7.78%
- YTD
- 9.23%
- 1Y
- 40.67%
- 3Y*
- 7.48%
- 5Y*
- -20.08%
- 10Y*
- —
NICE vs. DLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NICE NICE Ltd. | -11.77% | -33.44% | -14.87% | 3.75% | -36.66% | 40.57% |
DLO DLocal Limited | 9.23% | 31.72% | -36.35% | 13.62% | -56.37% | 15.13% |
Correlation
The correlation between NICE and DLO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2021 | 0.35 |
Fundamentals
NICE:
$5.84B
DLO:
$4.46B
NICE:
$8.52
DLO:
$0.64
NICE:
11.70
DLO:
23.71
NICE:
0.35
DLO:
0.74
NICE:
2.06
DLO:
3.76
NICE:
1.64
DLO:
8.23
NICE:
$3.01B
DLO:
$1.21B
NICE:
$1.98B
DLO:
$436.56M
NICE:
$841.27M
DLO:
$280.42M
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Return for Risk
NICE vs. DLO — Risk / Return Rank
NICE
DLO
NICE vs. DLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NICE Ltd. (NICE) and DLocal Limited (DLO). 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.
| NICE | DLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -2.28 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.17 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 1.17 | -1.93 |
| Martin ratioReturn relative to average drawdown | -1.20 | 2.33 | -3.52 |
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Drawdowns
NICE vs. DLO - Drawdown Comparison
The maximum NICE drawdown since its inception was -93.23%, roughly equal to the maximum DLO drawdown of -89.99%. Use the drawdown chart below to compare losses from any high point for NICE and DLO.
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Drawdown Indicators
| NICE | DLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.23% | -89.99% | -3.24% |
Max Drawdown (1Y)Largest decline over 1 year | -51.19% | -30.45% | -20.74% |
Max Drawdown (3Y)Largest decline over 3 years | -68.21% | -68.59% | +0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -73.60% | -89.99% | +16.39% |
Max Drawdown (10Y)Largest decline over 10 years | -73.60% | — | — |
Current DrawdownCurrent decline from peak | -68.34% | -76.52% | +8.18% |
Average DrawdownAverage peak-to-trough decline | -35.27% | -70.30% | +35.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.47% | 15.34% | +17.13% |
Volatility
NICE vs. DLO - Volatility Comparison
The current volatility for NICE Ltd. (NICE) is 10.16%, while DLocal Limited (DLO) has a volatility of 15.39%. This indicates that NICE experiences smaller price fluctuations and is considered to be less risky than DLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NICE | DLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.16% | 15.39% | -5.23% |
Volatility (6M)Calculated over the trailing 6-month period | 42.52% | 36.05% | +6.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.48% | 56.14% | -4.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.92% | 73.39% | -33.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.27% | 73.52% | -40.25% |
Dividends
NICE vs. DLO - Dividend Comparison
NICE has not paid dividends to shareholders, while DLO's dividend yield for the trailing twelve months is around 1.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLO DLocal Limited | 1.28% | 3.71% | 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
NICE vs. DLO - Financials Comparison
This section allows you to compare key financial metrics between NICE Ltd. and DLocal Limited. 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
NICE vs. DLO - Profitability Comparison
NICE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
DLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported a gross profit of 118.68M and revenue of 335.86M. Therefore, the gross margin over that period was 35.3%.
NICE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported an operating income of 126.41M and revenue of 766.53M, resulting in an operating margin of 16.5%.
DLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported an operating income of 53.55M and revenue of 335.86M, resulting in an operating margin of 15.9%.
NICE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a net income of 46.69M and revenue of 766.53M, resulting in a net margin of 6.1%.
DLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported a net income of 41.98M and revenue of 335.86M, resulting in a net margin of 12.5%.
Frequently Asked Questions
NICE and DLO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DLO has higher volatility (15.39%) compared to NICE (10.16%). In terms of maximum drawdown, NICE dropped -93.23% vs DLO's -89.99%.
DLO currently has the higher Sharpe Ratio (0.64 vs -0.76), 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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