NNOX vs. INDI

Last updated Apr 2, 2026

Compare and contrast key facts about Nano-X Imaging Ltd. (NNOX) and indie Semiconductor, Inc. (INDI).

Performance

NNOX vs. INDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nano-X Imaging Ltd. (NNOX) and indie Semiconductor, Inc. (INDI). The values are adjusted to include any dividend payments, if applicable.

NNOX vs. INDI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NNOX Nano-X Imaging Ltd.	-13.93%	-61.11%	13.03%	-13.69%	-49.24%	-49.27%
INDI indie Semiconductor, Inc.	-12.75%	-12.84%	-50.06%	39.11%	-51.38%	10.30%

Fundamentals

Market Cap NNOX : $155.02M INDI : $613.92B
EPS NNOX : -$0.87 INDI : -$0.00
PS Ratio NNOX : 12.56 INDI : 943.20
PB Ratio NNOX : 0.99 INDI : 1.60K
Total Revenue (TTM) NNOX : $12.30M INDI : $217.39M
Gross Profit (TTM) NNOX : -$12.16M INDI : $27.01M
EBITDA (TTM) NNOX : -$44.73M INDI : -$107.79M

Returns By Period

In the year-to-date period, NNOX achieves a -13.93% return, which is significantly lower than INDI's -12.75% return.

NNOX

• 1D: 6.17%
• 1M: -2.03%
• YTD: -13.93%
• 6M: -34.69%
• 1Y: -50.10%
• 3Y*: -25.25%
• 5Y*: -43.36%
• 10Y*: —

INDI

• 1D: -4.35%
• 1M: -9.41%
• YTD: -12.75%
• 6M: -23.19%
• 1Y: 55.56%
• 3Y*: -33.66%
• 5Y*: —
• 10Y*: —

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

Return for Risk

NNOX vs. INDI — Risk / Return Rank

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

NNOX

NNOX Risk / Return Rank: 10
NNOX Sharpe Ratio Rank: 10
NNOX Sortino Ratio Rank: 9
NNOX Omega Ratio Rank: 13
NNOX Calmar Ratio Rank: 11
NNOX Martin Ratio Rank: 10

INDI

INDI Risk / Return Rank: 63
INDI Sharpe Ratio Rank: 64
INDI Sortino Ratio Rank: 68
INDI Omega Ratio Rank: 62
INDI Calmar Ratio Rank: 60
INDI Martin Ratio Rank: 59

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.

NNOX vs. INDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nano-X Imaging Ltd. (NNOX) and indie Semiconductor, Inc. (INDI). 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.

	NNOX	INDI	Difference
Sharpe ratio Return per unit of total volatility	-0.74	0.66	-1.40
Sortino ratio Return per unit of downside risk	-1.12	1.55	-2.67
Omega ratio Gain probability vs. loss probability	0.89	1.17	-0.29
Calmar ratio Return relative to maximum drawdown	-0.83	0.87	-1.69
Martin ratio Return relative to average drawdown	-1.46	1.91	-3.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NNOX vs. INDI - Sharpe Ratio Comparison

The current NNOX Sharpe Ratio is -0.74, which is lower than the INDI Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of NNOX and INDI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NNOX	INDI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.74	0.66	-1.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.32	-0.29	-0.03

Correlation

The correlation between NNOX and INDI is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NNOX vs. INDI - Dividend Comparison

Neither NNOX nor INDI has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NNOX vs. INDI - Drawdown Comparison

The maximum NNOX drawdown since its inception was -97.61%, which is greater than INDI's maximum drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for NNOX and INDI.

Drawdown Indicators

	NNOX	INDI	Difference
Max Drawdown Largest peak-to-trough decline	-97.61%	-89.91%	-7.70%
Max Drawdown (1Y) Largest decline over 1 year	-62.52%	-59.33%	-3.19%
Max Drawdown (5Y) Largest decline over 5 years	-95.59%	—	—
Current Drawdown Current decline from peak	-97.30%	-80.57%	-16.73%
Average Drawdown Average peak-to-trough decline	-82.16%	-56.13%	-26.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.44%	26.87%	+8.57%

Volatility

NNOX vs. INDI - Volatility Comparison

The current volatility for Nano-X Imaging Ltd. (NNOX) is 13.77%, while indie Semiconductor, Inc. (INDI) has a volatility of 28.19%. This indicates that NNOX experiences smaller price fluctuations and is considered to be less risky than INDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NNOX	INDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.77%	28.19%	-14.42%
Volatility (6M) Calculated over the trailing 6-month period	53.48%	56.88%	-3.40%
Volatility (1Y) Calculated over the trailing 1-year period	67.96%	84.98%	-17.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.71%	78.95%	+10.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.88%	78.95%	+21.93%

Financials