NRXXY vs. BYD
NRXXY (Nordex SE) and BYD (Boyd Gaming Corporation) are both stocks. NRXXY operates in Specialty Industrial Machinery (Industrials), while BYD operates in Resorts & Casinos (Consumer Cyclical). Over the past 5 years, NRXXY returned 20.22%/yr vs 9.39%/yr for BYD. Their 0.04 correlation means their historical movements had little consistent relationship.
Performance
NRXXY vs. BYD - Performance Comparison
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Returns By Period
In the year-to-date period, NRXXY achieves a 35.07% return, which is significantly higher than BYD's 0.26% return.
NRXXY
- 1D
- 0.00%
- 1M
- -10.87%
- 6M
- 18.31%
- YTD
- 35.07%
- 1Y
- 75.89%
- 3Y*
- 48.94%
- 5Y*
- 20.22%
- 10Y*
- —
- ALL TIME*
- 7.87%
BYD
- 1D
- -2.29%
- 1M
- -3.23%
- 6M
- 1.09%
- YTD
- 0.26%
- 1Y
- 2.60%
- 3Y*
- 8.85%
- 5Y*
- 9.39%
- 10Y*
- 16.96%
- ALL TIME*
- 4.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $105.45M | $89.68M | $88.22M | |
NRXXY Nordex SE | $3.08K | $4.95K | $7.81K |
NRXXY vs. BYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NRXXY Nordex SE | 35.07% | 176.66% | 22.33% | -17.86% | -31.93% | -40.46% |
BYD Boyd Gaming Corporation | 0.26% | 18.61% | 17.13% | 15.99% | -15.74% | 32.63% |
Correlation
The correlation between NRXXY and BYD is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2021 | 0.04 |
The correlation between NRXXY and BYD shifts across timeframes, from 0.04 (5 years) to 0.16 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NRXXY:
$10.96B
BYD:
$6.32B
NRXXY:
€1.07
BYD:
$23.36
NRXXY:
18.81
BYD:
3.64
NRXXY:
0.02
BYD:
0.05
NRXXY:
0.91
BYD:
1.61
NRXXY:
€8.03B
BYD:
$4.10B
NRXXY:
€1.72B
BYD:
$1.52B
NRXXY:
€811.81M
BYD:
$2.76B
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Return for Risk
NRXXY vs. BYD — Risk / Return Rank
NRXXY
BYD
NRXXY vs. BYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordex SE (NRXXY) and Boyd Gaming Corporation (BYD). 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.
| NRXXY | BYD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.03 | +0.55 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 0.09 | +3.33 |
| Martin ratioReturn relative to average drawdown | 8.13 | 0.20 | +7.93 |
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Drawdowns
NRXXY vs. BYD - Drawdown Comparison
The maximum NRXXY drawdown since its inception was -76.26%, smaller than the maximum BYD drawdown of -94.49%. Use the drawdown chart below to compare losses from any high point for NRXXY and BYD.
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Drawdown Indicators
| NRXXY | BYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.26% | -94.49% | +18.23% |
Max Drawdown (1Y)Largest decline over 1 year | -25.02% | -12.59% | -12.43% |
Max Drawdown (3Y)Largest decline over 3 years | -30.63% | -25.58% | -5.05% |
Max Drawdown (5Y)Largest decline over 5 years | -60.32% | -34.58% | -25.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.01% | — |
Current DrawdownCurrent decline from peak | -21.70% | -6.79% | -14.91% |
Average DrawdownAverage peak-to-trough decline | -45.30% | -50.48% | +5.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.42% | 5.63% | +4.79% |
Volatility
NRXXY vs. BYD - Volatility Comparison
Nordex SE (NRXXY) has a higher volatility of 11.24% compared to Boyd Gaming Corporation (BYD) at 7.85%. This indicates that NRXXY's price experiences larger fluctuations and is considered to be riskier than BYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRXXY | BYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.24% | 7.85% | +3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 42.02% | 20.81% | +21.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.21% | 26.27% | +33.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.37% | 31.46% | +31.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.27% | 43.18% | +21.09% |
Dividends
NRXXY vs. BYD - Dividend Comparison
NRXXY has not paid dividends to shareholders, while BYD's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BYD Boyd Gaming Corporation | 0.89% | 0.84% | 0.94% | 1.02% | 1.36% | 0.00% | 0.00% | 0.90% | 1.11% | 0.43% |
NRXXY Nordex SE | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NRXXY vs. BYD - Financials Comparison
This section allows you to compare key financial metrics between Nordex SE and Boyd Gaming Corporation. 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
NRXXY vs. BYD - Profitability Comparison
NRXXY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nordex SE reported a gross profit of 585.03M and revenue of 2.18B. Therefore, the gross margin over that period was 26.9%.
BYD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Boyd Gaming Corporation reported a gross profit of 429.06M and revenue of 1.03B. Therefore, the gross margin over that period was 41.5%.
NRXXY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nordex SE reported an operating income of 225.85M and revenue of 2.18B, resulting in an operating margin of 10.4%.
BYD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Boyd Gaming Corporation reported an operating income of 200.70M and revenue of 1.03B, resulting in an operating margin of 19.4%.
NRXXY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nordex SE reported a net income of 111.55M and revenue of 2.18B, resulting in a net margin of 5.1%.
BYD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Boyd Gaming Corporation reported a net income of 131.23M and revenue of 1.03B, resulting in a net margin of 12.7%.
Frequently Asked Questions
NRXXY and BYD 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.
NRXXY has higher volatility (11.24%) compared to BYD (7.85%). In terms of maximum drawdown, NRXXY dropped -76.26% vs BYD's -94.49%.
NRXXY currently has the higher Sharpe Ratio (1.42 vs 0.04), 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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