NICE vs. NVMI
NICE (NICE Ltd.) and NVMI (Nova Ltd) are both stocks. Both are in the Technology sector — NICE in Software - Application, NVMI in Semiconductor Equipment & Materials. Over the past 10 years, NICE returned 4.08%/yr vs 46.09%/yr for NVMI. At a 0.25 correlation, their price movements are largely independent.
Performance
NICE vs. NVMI - Performance Comparison
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Returns By Period
In the year-to-date period, NICE achieves a -19.19% return, which is significantly lower than NVMI's 54.68% return. Over the past 10 years, NICE has underperformed NVMI with an annualized return of 4.08%, while NVMI has yielded a comparatively higher 46.09% annualized return.
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%
NVMI
- 1D
- 6.77%
- 1M
- -2.53%
- YTD
- 54.68%
- 6M
- 52.63%
- 1Y
- 134.08%
- 3Y*
- 63.36%
- 5Y*
- 38.40%
- 10Y*
- 46.09%
NICE vs. NVMI - Yearly Performance Comparison
Correlation
The correlation between NICE and NVMI is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2000 | 0.25 |
Over the past year, the correlation between NICE and NVMI has dropped to 0.03 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
NICE:
$5.54B
NVMI:
$17.49B
NICE:
$8.49
NVMI:
$7.94
NICE:
10.76
NVMI:
63.96
NICE:
0.33
NVMI:
2.22
NICE:
1.89
NVMI:
18.68
NICE:
1.51
NVMI:
12.61
NICE:
$3.01B
NVMI:
$902.53M
NICE:
$1.98B
NVMI:
$518.59M
NICE:
$841.27M
NVMI:
$293.89M
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Return for Risk
NICE vs. NVMI — Risk / Return Rank
NICE
NVMI
NICE vs. NVMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NICE Ltd. (NICE) and Nova Ltd (NVMI). 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.
| NICE | NVMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.51 | ||
| Sortino ratioReturn per unit of downside risk | -4.07 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.36 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 6.26 | -7.20 |
| Martin ratioReturn relative to average drawdown | -1.50 | 16.77 | -18.27 |
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
| NICE | NVMI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.95 | 2.55 | -3.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.42 | 0.82 | -1.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 1.07 | -0.95 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.21 | +0.02 |
Drawdowns
NICE vs. NVMI - Drawdown Comparison
The maximum NICE drawdown since its inception was -93.23%, smaller than the maximum NVMI drawdown of -98.22%. Use the drawdown chart below to compare losses from any high point for NICE and NVMI.
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Drawdown Indicators
| NICE | NVMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.23% | -98.22% | +4.99% |
Max Drawdown (1Y)Largest decline over 1 year | -51.56% | -21.56% | -30.00% |
Max Drawdown (3Y)Largest decline over 3 years | -66.98% | -40.79% | -26.19% |
Max Drawdown (5Y)Largest decline over 5 years | -72.58% | -52.76% | -19.82% |
Max Drawdown (10Y)Largest decline over 10 years | -72.58% | -52.76% | -19.82% |
Current DrawdownCurrent decline from peak | -71.00% | -8.66% | -62.34% |
Average DrawdownAverage peak-to-trough decline | -35.17% | -51.79% | +16.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.15% | 8.03% | +24.12% |
Volatility
NICE vs. NVMI - Volatility Comparison
The current volatility for NICE Ltd. (NICE) is 12.47%, while Nova Ltd (NVMI) has a volatility of 23.58%. This indicates that NICE experiences smaller price fluctuations and is considered to be less risky than NVMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NICE | NVMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.47% | 23.58% | -11.11% |
Volatility (6M)Calculated over the trailing 6-month period | 41.62% | 40.72% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.86% | 52.91% | -2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.81% | 47.27% | -7.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.23% | 43.30% | -10.07% |
Dividends
NICE vs. NVMI - Dividend Comparison
Neither NICE nor NVMI has paid dividends to shareholders.
Financials
NICE vs. NVMI - Financials Comparison
This section allows you to compare key financial metrics between NICE Ltd. and Nova Ltd. 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. NVMI - Profitability Comparison
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%.
NVMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported a gross profit of 135.69M and revenue of 235.31M. Therefore, the gross margin over that period was 57.7%.
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%.
NVMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported an operating income of 70.84M and revenue of 235.31M, resulting in an operating margin of 30.1%.
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%.
NVMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported a net income of 69.26M and revenue of 235.31M, resulting in a net margin of 29.4%.
Frequently Asked Questions
NICE and NVMI have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVMI has higher volatility (23.58%) compared to NICE (12.47%). In terms of maximum drawdown, NICE dropped -93.23% vs NVMI's -98.22%.
NVMI currently has the higher Sharpe Ratio (2.55 vs -0.95), 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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