NNDM vs. NIO
NNDM (Nano Dimension Ltd.) and NIO (NIO Inc.) are both stocks. NNDM operates in Computer Hardware (Technology), while NIO operates in Auto Manufacturers (Consumer Cyclical). Over the past 5 years, NNDM returned -30.63%/yr vs -35.55%/yr for NIO. At a 0.31 correlation, their price movements are largely independent.
Performance
NNDM vs. NIO - Performance Comparison
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Returns By Period
In the year-to-date period, NNDM achieves a -9.74% return, which is significantly lower than NIO's -0.98% return.
NNDM
- 1D
- 2.96%
- 1M
- -16.27%
- YTD
- -9.74%
- 6M
- -21.02%
- 1Y
- -0.00%
- 3Y*
- -14.32%
- 5Y*
- -30.63%
- 10Y*
- -32.23%
NIO
- 1D
- 0.60%
- 1M
- -2.88%
- YTD
- -0.98%
- 6M
- 1.00%
- 1Y
- 48.09%
- 3Y*
- -15.70%
- 5Y*
- -35.55%
- 10Y*
- —
NNDM vs. NIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NNDM Nano Dimension Ltd. | -9.74% | -37.90% | 3.33% | 4.35% | -39.47% | -58.24% | 259.68% | -77.21% | -47.14% |
NIO NIO Inc. | -0.98% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 1,112.44% | -36.89% | 6.17% |
Correlation
The correlation between NNDM and NIO is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018 | 0.31 |
Over the past year, the correlation between NNDM and NIO has dropped to 0.07 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
NNDM:
-$1.77
NIO:
-CN¥3.74
NNDM:
1.97
NIO:
0.82
NNDM:
$102.44M
NIO:
CN¥100.51B
NNDM:
$34.35M
NIO:
CN¥15.77B
NNDM:
-$78.81M
NIO:
-CN¥7.54B
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Return for Risk
NNDM vs. NIO — Risk / Return Rank
NNDM
NIO
NNDM vs. NIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nano Dimension Ltd. (NNDM) and NIO Inc. (NIO). 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.
| NNDM | NIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.17 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.00 | 1.11 | -1.11 |
| Martin ratioReturn relative to average drawdown | -0.00 | 1.91 | -1.91 |
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Drawdowns
NNDM vs. NIO - Drawdown Comparison
The maximum NNDM drawdown since its inception was -99.27%, roughly equal to the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for NNDM and NIO.
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Drawdown Indicators
| NNDM | NIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.27% | -95.00% | -4.27% |
Max Drawdown (1Y)Largest decline over 1 year | -42.52% | -43.73% | +1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -62.50% | -79.69% | +17.19% |
Max Drawdown (5Y)Largest decline over 5 years | -86.12% | -94.10% | +7.98% |
Max Drawdown (10Y)Largest decline over 10 years | -99.25% | — | — |
Current DrawdownCurrent decline from peak | -98.44% | -91.96% | -6.48% |
Average DrawdownAverage peak-to-trough decline | -81.33% | -67.96% | -13.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.71% | 25.23% | -8.52% |
Volatility
NNDM vs. NIO - Volatility Comparison
Nano Dimension Ltd. (NNDM) has a higher volatility of 25.37% compared to NIO Inc. (NIO) at 17.04%. This indicates that NNDM's price experiences larger fluctuations and is considered to be riskier than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NNDM | NIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.37% | 17.04% | +8.33% |
Volatility (6M)Calculated over the trailing 6-month period | 45.39% | 41.01% | +4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.92% | 62.76% | -3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.70% | 71.60% | -17.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.07% | 86.56% | +49.51% |
Dividends
NNDM vs. NIO - Dividend Comparison
Neither NNDM nor NIO has paid dividends to shareholders.
Financials
NNDM vs. NIO - Financials Comparison
This section allows you to compare key financial metrics between Nano Dimension Ltd. and NIO Inc.. 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
NNDM vs. NIO - Profitability Comparison
NNDM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nano Dimension Ltd. reported a gross profit of 13.25M and revenue of 35.32M. Therefore, the gross margin over that period was 37.5%.
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
NNDM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nano Dimension Ltd. reported an operating income of 4.40M and revenue of 35.32M, resulting in an operating margin of 12.5%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
NNDM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nano Dimension Ltd. reported a net income of 0.00 and revenue of 35.32M, resulting in a net margin of 0.0%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
Frequently Asked Questions
NNDM and NIO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NNDM has higher volatility (25.37%) compared to NIO (17.04%). In terms of maximum drawdown, NNDM dropped -99.27% vs NIO's -95.00%.
NIO currently has the higher Sharpe Ratio (0.77 vs -0.00), 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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