NKE.DE vs. NU

Last updated Jun 5, 2026

NKE.DE (Nike Inc) and NU (Nu Holdings Ltd.) are both stocks. NKE.DE operates in Footwear & Accessories (Consumer Cyclical), while NU operates in Banks - Diversified (Financial Services). Over the past 3 years, NKE.DE returned -26.40%/yr vs 17.33%/yr for NU. At a 0.16 correlation, their price movements are largely independent.

Performance

NKE.DE vs. NU - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Nike Inc (NKE.DE) and Nu Holdings Ltd. (NU). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NKE.DE is traded in EUR, while NU is traded in USD. To make them comparable, the NU values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with NKE.DE having a -27.40% return and NU slightly higher at -26.77%.

NKE.DE

• 1D: -0.09%
• 1M: 2.51%
• YTD: -27.40%
• 6M: -32.72%
• 1Y: -30.32%
• 3Y*: -26.40%
• 5Y*: -18.13%
• 10Y*: —

NU

• 1D: 3.98%
• 1M: -14.38%
• YTD: -26.77%
• 6M: -31.15%
• 1Y: -0.20%
• 3Y*: 17.33%
• 5Y*: —
• 10Y*: —

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

NKE.DE vs. NU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NKE.DE Nike Inc	-27.40%	-26.59%	-25.28%	-8.81%	-26.07%	-1.14%
NU Nu Holdings Ltd.	-26.77%	42.41%	32.58%	98.53%	-53.92%	-9.81%

Correlation

The correlation between NKE.DE and NU is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021	0.16

Return for Risk

NKE.DE vs. NU — Risk / Return Rank

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

NKE.DE

NKE.DE Risk / Return Rank: 12
NKE.DE Sharpe Ratio Rank: 9
NKE.DE Sortino Ratio Rank: 10
NKE.DE Omega Ratio Rank: 10
NKE.DE Calmar Ratio Rank: 18
NKE.DE Martin Ratio Rank: 13

NU

NU Risk / Return Rank: 41
NU Sharpe Ratio Rank: 43
NU Sortino Ratio Rank: 38
NU Omega Ratio Rank: 39
NU Calmar Ratio Rank: 42
NU Martin Ratio Rank: 42

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.

NKE.DE vs. NU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nike Inc (NKE.DE) and Nu Holdings Ltd. (NU). 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.

	NKE.DE	NU	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	-0.01	-0.81
Sortino ratio: Return per unit of downside risk	-1.12	0.25	-1.37
Omega ratio: Gain probability vs. loss probability	0.86	1.03	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.65	-0.01	-0.64
Martin ratio: Return relative to average drawdown	-1.27	-0.01	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NKE.DE vs. NU - Sharpe Ratio Comparison

The current NKE.DE Sharpe Ratio is -0.81, which is lower than the NU Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of NKE.DE and NU, 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

	NKE.DE	NU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	-0.01	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.29	0.05	-0.35

Drawdowns

NKE.DE vs. NU - Drawdown Comparison

The maximum NKE.DE drawdown since its inception was -75.61%, which is greater than NU's maximum drawdown of -70.37%. Use the drawdown chart below to compare losses from any high point for NKE.DE and NU.

Drawdown Indicators

	NKE.DE	NU	Difference
Max Drawdown Largest peak-to-trough decline	-75.61%	-70.37%	-5.24%
Max Drawdown (1Y) Largest decline over 1 year	-46.73%	-36.05%	-10.68%
Max Drawdown (3Y) Largest decline over 3 years	-66.57%	-41.27%	-25.30%
Max Drawdown (5Y) Largest decline over 5 years	-75.61%	—	—
Current Drawdown Current decline from peak	-74.39%	-33.50%	-40.89%
Average Drawdown Average peak-to-trough decline	-32.02%	-28.96%	-3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.86%	13.32%	+10.54%

Volatility

NKE.DE vs. NU - Volatility Comparison

The current volatility for Nike Inc (NKE.DE) is 9.46%, while Nu Holdings Ltd. (NU) has a volatility of 13.92%. This indicates that NKE.DE experiences smaller price fluctuations and is considered to be less risky than NU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NKE.DE	NU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.46%	13.92%	-4.46%
Volatility (6M) Calculated over the trailing 6-month period	27.40%	27.51%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	37.15%	37.95%	-0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.99%	57.67%	-24.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.89%	57.67%	-23.78%

Dividends

NKE.DE vs. NU - Dividend Comparison

NKE.DE's dividend yield for the trailing twelve months is around 3.22%, while NU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
NKE.DE Nike Inc	3.22%	2.36%	1.66%	1.13%	0.94%	0.55%	0.65%	0.21%
NU Nu Holdings Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both NKE.DE and NU in my portfolio?

NKE.DE and NU have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.