NKE vs. CNXC
NKE (NIKE, Inc.) and CNXC (Concentrix Corporation) are both stocks. NKE operates in Footwear & Accessories (Consumer Cyclical), while CNXC operates in Information Technology Services (Technology). Over the past 5 years, NKE returned -18.65%/yr vs -27.31%/yr for CNXC. At a 0.39 correlation, their price movements are largely independent.
Performance
NKE vs. CNXC - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with NKE having a -31.08% return and CNXC slightly lower at -32.63%.
NKE
- 1D
- 0.58%
- 1M
- -1.19%
- YTD
- -31.08%
- 6M
- -30.90%
- 1Y
- -29.27%
- 3Y*
- -24.25%
- 5Y*
- -18.65%
- 10Y*
- -1.05%
CNXC
- 1D
- -1.58%
- 1M
- 12.81%
- YTD
- -32.63%
- 6M
- -26.68%
- 1Y
- -49.86%
- 3Y*
- -29.25%
- 5Y*
- -27.31%
- 10Y*
- —
NKE vs. CNXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | -31.08% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 5.68% |
CNXC Concentrix Corporation | -32.63% | -1.39% | -55.03% | -25.36% | -24.91% | 81.22% | 23.37% |
Correlation
The correlation between NKE and CNXC is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2020 | 0.39 |
Fundamentals
NKE:
$64.00B
CNXC:
$1.68B
NKE:
$1.52
CNXC:
-$21.33
NKE:
1.38
CNXC:
0.17
NKE:
4.54
CNXC:
0.60
NKE:
$46.52B
CNXC:
$9.95B
NKE:
$18.99B
CNXC:
$3.27B
NKE:
$3.33B
CNXC:
-$944.68M
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Return for Risk
NKE vs. CNXC — Risk / Return Rank
NKE
CNXC
NKE vs. CNXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) and Concentrix Corporation (CNXC). 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 | CNXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.87 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | -0.81 | +0.17 |
| Martin ratioReturn relative to average drawdown | -1.23 | -1.34 | +0.11 |
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
| NKE | CNXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | -0.82 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | -0.57 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | -0.33 | +0.74 |
Drawdowns
NKE vs. CNXC - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, smaller than the maximum CNXC drawdown of -87.86%. Use the drawdown chart below to compare losses from any high point for NKE and CNXC.
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Drawdown Indicators
| NKE | CNXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -87.86% | +12.67% |
Max Drawdown (1Y)Largest decline over 1 year | -46.18% | -61.71% | +15.53% |
Max Drawdown (3Y)Largest decline over 3 years | -64.21% | -76.50% | +12.29% |
Max Drawdown (5Y)Largest decline over 5 years | -74.64% | -87.86% | +13.22% |
Max Drawdown (10Y)Largest decline over 10 years | -74.64% | — | — |
Current DrawdownCurrent decline from peak | -73.59% | -85.48% | +11.89% |
Average DrawdownAverage peak-to-trough decline | -20.91% | -47.65% | +26.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.82% | 37.32% | -13.50% |
Volatility
NKE vs. CNXC - Volatility Comparison
The current volatility for NIKE, Inc. (NKE) is 9.43%, while Concentrix Corporation (CNXC) has a volatility of 15.12%. This indicates that NKE experiences smaller price fluctuations and is considered to be less risky than CNXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NKE | CNXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.43% | 15.12% | -5.69% |
Volatility (6M)Calculated over the trailing 6-month period | 29.22% | 51.98% | -22.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.22% | 61.40% | -23.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.82% | 48.26% | -12.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.25% | 49.78% | -17.53% |
Dividends
NKE vs. CNXC - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.77%, less than CNXC's 5.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | 5.16% | 3.27% | 2.87% | 1.15% | 0.77% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NKE NIKE, Inc. | 3.77% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
Financials
NKE vs. CNXC - Financials Comparison
This section allows you to compare key financial metrics between NIKE, Inc. and Concentrix Corporation. 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
NKE vs. CNXC - Profitability Comparison
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a gross profit of 4.53B and revenue of 11.28B. Therefore, the gross margin over that period was 40.2%.
CNXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported an operating income of 553.00M and revenue of 11.28B, resulting in an operating margin of 4.9%.
CNXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a net income of 520.00M and revenue of 11.28B, resulting in a net margin of 4.6%.
CNXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.
Frequently Asked Questions
NKE and CNXC have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNXC has higher volatility (15.12%) compared to NKE (9.43%). In terms of maximum drawdown, NKE dropped -75.19% vs CNXC's -87.86%.
NKE currently has the higher Sharpe Ratio (-0.77 vs -0.82), 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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