NRSDY vs. ENVX

Last updated Aug 1, 2026

NRSDY (Nordic Semiconductor ASA) and ENVX (Enovix Corp) are both stocks. NRSDY operates in Semiconductors (Technology), while ENVX operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, NRSDY returned -13.03%/yr vs -22.30%/yr for ENVX. Their 0.10 correlation means their historical movements had little consistent relationship.

Performance

NRSDY vs. ENVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nordic Semiconductor ASA (NRSDY) and Enovix Corp (ENVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NRSDY achieves a 30.63% return, which is significantly higher than ENVX's -44.05% return.

NRSDY

• 1D: 0.00%
• 1M: -13.41%
• 6M: 28.60%
• YTD: 30.63%
• 1Y: 22.41%
• 3Y*: 5.43%
• 5Y*: -13.03%
• 10Y*: —
• ALL TIME*: -10.77%

ENVX

• 1D: -2.15%
• 1M: -23.69%
• 6M: -38.22%
• YTD: -44.05%
• 1Y: -61.79%
• 3Y*: -39.64%
• 5Y*: -22.30%
• 10Y*: —
• ALL TIME*: -26.11%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ENVX Enovix Corp	$26.94M	$29.51M	$42.89M
NRSDY Nordic Semiconductor ASA	$1.91K	$1.84K	$23.63K

NRSDY vs. ENVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NRSDY Nordic Semiconductor ASA	30.63%	47.95%	-29.86%	-30.93%	-46.55%	8.69%
ENVX Enovix Corp	-44.05%	-23.14%	-13.18%	0.64%	-54.40%	26.88%

Correlation

The correlation between NRSDY and ENVX is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (3Y) Balances recent behavior with more history.	0.10
Correlation (5Y) Shows whether the relationship held over a longer period.	0.11
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.10

Fundamentals

Market Cap NRSDY : $3.27B ENVX : $892.25M
EPS NRSDY : $0.13 ENVX : -$182.30
PS Ratio NRSDY : 4.68 ENVX : 0.11
PB Ratio NRSDY : 4.86 ENVX : 0.00
Total Revenue (TTM) NRSDY : $704.87M ENVX : $7.63B
Gross Profit (TTM) NRSDY : $305.30M ENVX : $1.56B
EBITDA (TTM) NRSDY : $63.62M ENVX : -$43.98B

Return for Risk

NRSDY vs. ENVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NRSDY

NRSDY Risk / Return Rank: 64
NRSDY Sharpe Ratio Rank: 60
NRSDY Sortino Ratio Rank: 61
NRSDY Omega Ratio Rank: 79
NRSDY Calmar Ratio Rank: 63
NRSDY Martin Ratio Rank: 59

ENVX

ENVX Risk / Return Rank: 7
ENVX Sharpe Ratio Rank: 9
ENVX Sortino Ratio Rank: 9
ENVX Omega Ratio Rank: 11
ENVX Calmar Ratio Rank: 4
ENVX Martin Ratio Rank: 4

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NRSDY vs. ENVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nordic Semiconductor ASA (NRSDY) and Enovix Corp (ENVX). 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.

	NRSDY	ENVX	Difference
Sharpe ratio: Return per unit of total volatility	0.43	-0.81	+1.24
Sortino ratio: Return per unit of downside risk	1.11	-1.26	+2.37
Omega ratio: Gain probability vs. loss probability	1.26	0.85	+0.40
Calmar ratio: Return relative to maximum drawdown	0.75	-0.97	+1.71
Martin ratio: Return relative to average drawdown	1.25	-1.58	+2.84

NRSDY vs. ENVX - Sharpe Ratio Comparison

The current NRSDY Sharpe Ratio is 0.43, which is higher than the ENVX Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of NRSDY and ENVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NRSDY vs. ENVX - Drawdown Comparison

The maximum NRSDY drawdown since its inception was -79.75%, smaller than the maximum ENVX drawdown of -88.26%. Use the drawdown chart below to compare losses from any high point for NRSDY and ENVX.

Drawdown Indicators

	NRSDY	ENVX	Difference
Max Drawdown Largest peak-to-trough decline	-79.75%	-88.26%	+8.51%
Max Drawdown (1Y) Largest decline over 1 year	-30.38%	-72.10%	+41.72%
Max Drawdown (3Y) Largest decline over 3 years	-47.80%	-77.03%	+29.23%
Max Drawdown (5Y) Largest decline over 5 years	-79.75%	-88.26%	+8.51%
Current Drawdown Current decline from peak	-54.53%	-86.95%	+32.42%
Average Drawdown Average peak-to-trough decline	-55.31%	-63.49%	+8.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.00%	45.53%	-27.53%

Volatility

NRSDY vs. ENVX - Volatility Comparison

The current volatility for Nordic Semiconductor ASA (NRSDY) is 13.36%, while Enovix Corp (ENVX) has a volatility of 29.66%. This indicates that NRSDY experiences smaller price fluctuations and is considered to be less risky than ENVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRSDY	ENVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.36%	29.66%	-16.30%
Volatility (6M) Calculated over the trailing 6-month period	41.56%	62.21%	-20.65%
Volatility (1Y) Calculated over the trailing 1-year period	52.31%	86.07%	-33.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.04%	93.84%	-31.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.54%	93.89%	-30.35%

Dividends

NRSDY vs. ENVX - Dividend Comparison

Neither NRSDY nor ENVX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NRSDY and ENVX in my portfolio?

NRSDY and ENVX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NRSDY or ENVX?

ENVX has higher volatility (29.66%) compared to NRSDY (13.36%). In terms of maximum drawdown, NRSDY dropped -79.75% vs ENVX's -88.26%.

Which has better risk-adjusted returns?

NRSDY currently has the higher Sharpe Ratio (0.43 vs -0.81), 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.