NRSDY vs. ENVX
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 3 years, NRSDY returned 18.21%/yr vs -16.40%/yr for ENVX. At a 0.10 correlation, their price movements are largely independent.
Performance
NRSDY vs. ENVX - Performance Comparison
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Returns By Period
In the year-to-date period, NRSDY achieves a 53.44% return, which is significantly higher than ENVX's -3.56% return.
NRSDY
- 1D
- 0.00%
- 1M
- -9.89%
- YTD
- 53.44%
- 6M
- 53.44%
- 1Y
- 53.44%
- 3Y*
- 18.21%
- 5Y*
- -7.72%
- 10Y*
- —
ENVX
- 1D
- -0.42%
- 1M
- 5.54%
- YTD
- -3.56%
- 6M
- -15.47%
- 1Y
- -2.10%
- 3Y*
- -16.40%
- 5Y*
- —
- 10Y*
- —
NRSDY vs. ENVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NRSDY Nordic Semiconductor ASA | 53.44% | 47.95% | -29.86% | -30.93% | -46.55% | 8.69% |
ENVX Enovix Corp | -3.56% | -23.14% | -13.18% | 0.64% | -54.40% | 26.88% |
Correlation
The correlation between NRSDY and ENVX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.10 |
Fundamentals
NRSDY:
$3.89B
ENVX:
$1.53B
NRSDY:
$0.13
ENVX:
-$183.56
NRSDY:
5.45
ENVX:
0.19
NRSDY:
5.71
ENVX:
0.01
NRSDY:
$704.87M
ENVX:
$7.63B
NRSDY:
$305.30M
ENVX:
$1.56B
NRSDY:
$63.62M
ENVX:
-$43.98B
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Return for Risk
NRSDY vs. ENVX — Risk / Return Rank
NRSDY
ENVX
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 ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.08 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | -0.03 | +1.89 |
| Martin ratioReturn relative to average drawdown | 3.38 | -0.04 | +3.42 |
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Drawdowns
NRSDY vs. ENVX - Drawdown Comparison
The maximum NRSDY drawdown since its inception was -79.75%, smaller than the maximum ENVX drawdown of -84.76%. Use the drawdown chart below to compare losses from any high point for NRSDY and ENVX.
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Drawdown Indicators
| NRSDY | ENVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.75% | -84.76% | +5.01% |
Max Drawdown (1Y)Largest decline over 1 year | -29.21% | -69.62% | +40.41% |
Max Drawdown (3Y)Largest decline over 3 years | -49.55% | -75.42% | +25.87% |
Max Drawdown (5Y)Largest decline over 5 years | -79.75% | — | — |
Current DrawdownCurrent decline from peak | -46.59% | -77.51% | +30.92% |
Average DrawdownAverage peak-to-trough decline | -55.40% | -63.03% | +7.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.97% | 48.25% | -32.28% |
Volatility
NRSDY vs. ENVX - Volatility Comparison
The current volatility for Nordic Semiconductor ASA (NRSDY) is 19.57%, while Enovix Corp (ENVX) has a volatility of 26.57%. 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.
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Volatility by Period
| NRSDY | ENVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.57% | 26.57% | -7.00% |
Volatility (6M)Calculated over the trailing 6-month period | 39.56% | 58.26% | -18.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.22% | 88.62% | -37.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.03% | 93.81% | -29.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.83% | 93.81% | -29.98% |
Dividends
NRSDY vs. ENVX - Dividend Comparison
Neither NRSDY nor ENVX has paid dividends to shareholders.
Financials
NRSDY vs. ENVX - Financials Comparison
This section allows you to compare key financial metrics between Nordic Semiconductor ASA and Enovix Corp. 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
Frequently Asked Questions
NRSDY and ENVX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVX has higher volatility (26.57%) compared to NRSDY (19.57%). In terms of maximum drawdown, NRSDY dropped -79.75% vs ENVX's -84.76%.
NRSDY currently has the higher Sharpe Ratio (1.06 vs -0.02), 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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