NKTX vs. SGOV
NKTX (Nkarta, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, NKTX returned -41.97%/yr vs 3.66%/yr for SGOV. Their -0.01 correlation means they have often moved in opposite directions in the past.
Performance
NKTX vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, NKTX achieves a 12.97% return, which is significantly higher than SGOV's 2.11% return.
NKTX
- 1D
- -2.79%
- 1M
- -35.09%
- 6M
- -5.86%
- YTD
- 12.97%
- 1Y
- -1.42%
- 3Y*
- -2.57%
- 5Y*
- -41.97%
- 10Y*
- —
- ALL TIME*
- -41.68%
SGOV
- 1D
- 0.02%
- 1M
- 0.27%
- 6M
- 1.81%
- YTD
- 2.11%
- 1Y
- 3.83%
- 3Y*
- 4.64%
- 5Y*
- 3.66%
- 10Y*
- —
- ALL TIME*
- 2.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NKTX Nkarta, Inc. | $1.53M | $2.23M | $2.00M |
| $1.83B | $1.81B | $2.03B |
NKTX vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NKTX Nkarta, Inc. | 12.97% | -25.70% | -62.27% | 10.18% | -60.98% | -75.03% | 12.27% |
SGOV iShares 0-3 Month Treasury Bond ETF | 2.11% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.03% |
Correlation
The correlation between NKTX and SGOV is -0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2020 | -0.01 |
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Return for Risk
NKTX vs. SGOV — Risk / Return Rank
NKTX
SGOV
NKTX vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nkarta, Inc. (NKTX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| NKTX | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.83 | ||
| Sortino ratioReturn per unit of downside risk | -381.33 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 382.06 | -381.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 389.90 | -389.99 |
| Martin ratioReturn relative to average drawdown | -0.18 | 6,177.21 | -6,177.39 |
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Drawdowns
NKTX vs. SGOV - Drawdown Comparison
The maximum NKTX drawdown since its inception was -98.27%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for NKTX and SGOV.
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Drawdown Indicators
| NKTX | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.27% | -0.03% | -98.24% |
Max Drawdown (1Y)Largest decline over 1 year | -43.05% | -0.01% | -43.04% |
Max Drawdown (3Y)Largest decline over 3 years | -91.28% | -0.01% | -91.27% |
Max Drawdown (5Y)Largest decline over 5 years | -96.62% | -0.03% | -96.59% |
Current DrawdownCurrent decline from peak | -97.24% | 0.00% | -97.24% |
Average DrawdownAverage peak-to-trough decline | -82.72% | 0.00% | -82.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.12% | 0.00% | +20.12% |
Volatility
NKTX vs. SGOV - Volatility Comparison
Nkarta, Inc. (NKTX) has a higher volatility of 24.98% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that NKTX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NKTX | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.98% | 0.05% | +24.93% |
Volatility (6M)Calculated over the trailing 6-month period | 59.22% | 0.13% | +59.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.98% | 0.19% | +73.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 122.27% | 0.24% | +122.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.09% | 0.23% | +116.86% |
Dividends
NKTX vs. SGOV - Dividend Comparison
NKTX has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NKTX Nkarta, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.43% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
NKTX and SGOV have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NKTX has higher volatility (24.98%) compared to SGOV (0.05%). In terms of maximum drawdown, NKTX dropped -98.27% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.78 vs -0.05), 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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