NRDS vs. AVDX

Last updated Jun 9, 2026

NRDS (NerdWallet, Inc.) and AVDX (AvidXchange Holdings, Inc.) are both stocks. NRDS operates in Credit Services (Financial Services), while AVDX operates in Software - Infrastructure (Technology). At a 0.36 correlation, their price movements are largely independent.

Performance

NRDS vs. AVDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NerdWallet, Inc. (NRDS) and AvidXchange Holdings, Inc. (AVDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NRDS

• 1D: 0.13%
• 1M: -12.64%
• YTD: -41.11%
• 6M: -47.26%
• 1Y: -28.43%
• 3Y*: -7.46%
• 5Y*: —
• 10Y*: —

AVDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NRDS vs. AVDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NRDS NerdWallet, Inc.	-41.11%	1.88%	-9.65%	53.33%	-38.26%	-45.05%
AVDX AvidXchange Holdings, Inc.	0.00%	-3.29%	-16.55%	24.65%	-34.00%	-39.59%

Correlation

The correlation between NRDS and AVDX 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	0.28
Correlation (All Time) Calculated using the full available price history since Nov 5, 2021	0.36

The correlation between NRDS and AVDX shifts across timeframes, from 0.16 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NRDS : $554.61M AVDX : $2.07B
EPS NRDS : $0.93 AVDX : -$0.04
PS Ratio NRDS : 0.70 AVDX : 4.63
PB Ratio NRDS : 1.65 AVDX : 3.01
Total Revenue (TTM) NRDS : $849.60M AVDX : $446.72M
Gross Profit (TTM) NRDS : $790.50M AVDX : $323.96M
EBITDA (TTM) NRDS : $128.50M AVDX : $36.84M

Return for Risk

NRDS vs. AVDX — Risk / Return Rank

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

NRDS

NRDS Risk / Return Rank: 18
NRDS Sharpe Ratio Rank: 16
NRDS Sortino Ratio Rank: 19
NRDS Omega Ratio Rank: 18
NRDS Calmar Ratio Rank: 23
NRDS Martin Ratio Rank: 15

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.

NRDS vs. AVDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NerdWallet, Inc. (NRDS) and AvidXchange Holdings, Inc. (AVDX). 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.

	NRDS	AVDX	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	—	—
Sortino ratio: Return per unit of downside risk	-0.58	—	—
Omega ratio: Gain probability vs. loss probability	0.92	—	—
Calmar ratio: Return relative to maximum drawdown	-0.54	—	—
Martin ratio: Return relative to average drawdown	-1.21	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NRDS	AVDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.36	—	—

Drawdowns

Drawdown Indicators

	NRDS	AVDX	Difference
Max Drawdown Largest peak-to-trough decline	-77.00%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-52.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-55.36%	—	—
Current Drawdown Current decline from peak	-71.80%	—	—
Average Drawdown Average peak-to-trough decline	-57.18%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	23.60%	—	—

Volatility

Volatility by Period

	NRDS	AVDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	48.39%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.04%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.04%	—	—

Dividends

NRDS vs. AVDX - Dividend Comparison

Neither NRDS nor AVDX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

NRDS vs. AVDX - Profitability Comparison

The chart below illustrates the profitability comparison between NerdWallet, Inc. and AvidXchange Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NRDS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NerdWallet, Inc. reported a gross profit of 208.60M and revenue of 222.20M. Therefore, the gross margin over that period was 93.9%.

AVDX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported a gross profit of 79.62M and revenue of 110.57M. Therefore, the gross margin over that period was 72.0%.

NRDS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NerdWallet, Inc. reported an operating income of 27.20M and revenue of 222.20M, resulting in an operating margin of 12.2%.

AVDX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported an operating income of -12.41M and revenue of 110.57M, resulting in an operating margin of -11.2%.

NRDS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NerdWallet, Inc. reported a net income of 20.40M and revenue of 222.20M, resulting in a net margin of 9.2%.

AVDX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported a net income of -9.46M and revenue of 110.57M, resulting in a net margin of -8.6%.

Frequently Asked Questions

Can I hold both NRDS and AVDX in my portfolio?

NRDS and AVDX 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.