NSIT vs. SPOT
NSIT (Insight Enterprises, Inc.) and SPOT (Spotify Technology S.A.) are both stocks. NSIT operates in Information Technology Services (Technology), while SPOT operates in Internet Content & Information (Communication Services). Over the past 5 years, NSIT returned 1.93%/yr vs 15.60%/yr for SPOT. At a 0.23 correlation, their price movements are largely independent.
Performance
NSIT vs. SPOT - Performance Comparison
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Returns By Period
In the year-to-date period, NSIT achieves a 41.89% return, which is significantly higher than SPOT's -16.04% return.
NSIT
- 1D
- -3.43%
- 1M
- 64.02%
- YTD
- 41.89%
- 6M
- 30.34%
- 1Y
- -11.96%
- 3Y*
- -5.49%
- 5Y*
- 1.93%
- 10Y*
- 15.39%
SPOT
- 1D
- -2.78%
- 1M
- 11.24%
- YTD
- -16.04%
- 6M
- -12.50%
- 1Y
- -27.35%
- 3Y*
- 47.56%
- 5Y*
- 15.60%
- 10Y*
- —
NSIT vs. SPOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NSIT Insight Enterprises, Inc. | 41.89% | -46.44% | -14.16% | 76.71% | -5.94% | 40.10% | 8.25% | 72.49% | 20.60% |
SPOT Spotify Technology S.A. | -16.04% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 31.76% | -23.83% |
Correlation
The correlation between NSIT and SPOT is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2018 | 0.23 |
The correlation between NSIT and SPOT shifts across timeframes, from 0.10 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NSIT:
$3.57B
SPOT:
$102.03B
NSIT:
$5.73
SPOT:
$12.94
NSIT:
20.18
SPOT:
37.69
NSIT:
0.44
SPOT:
5.82
NSIT:
2.23
SPOT:
12.72
NSIT:
$8.27B
SPOT:
$17.60B
NSIT:
$1.82B
SPOT:
$5.68B
NSIT:
$428.25M
SPOT:
$2.75B
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Return for Risk
NSIT vs. SPOT — Risk / Return Rank
NSIT
SPOT
NSIT vs. SPOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Insight Enterprises, Inc. (NSIT) and Spotify Technology S.A. (SPOT). 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.
| NSIT | SPOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.92 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | -0.59 | +0.37 |
| Martin ratioReturn relative to average drawdown | -0.34 | -1.03 | +0.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NSIT | SPOT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | -0.60 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.33 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.33 | -0.08 |
Drawdowns
NSIT vs. SPOT - Drawdown Comparison
The maximum NSIT drawdown since its inception was -95.19%, which is greater than SPOT's maximum drawdown of -80.51%. Use the drawdown chart below to compare losses from any high point for NSIT and SPOT.
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Drawdown Indicators
| NSIT | SPOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.19% | -80.51% | -14.68% |
Max Drawdown (1Y)Largest decline over 1 year | -56.07% | -46.80% | -9.27% |
Max Drawdown (3Y)Largest decline over 3 years | -71.39% | -46.80% | -24.59% |
Max Drawdown (5Y)Largest decline over 5 years | -71.39% | -76.39% | +5.00% |
Max Drawdown (10Y)Largest decline over 10 years | -71.39% | — | — |
Current DrawdownCurrent decline from peak | -48.68% | -37.16% | -11.52% |
Average DrawdownAverage peak-to-trough decline | -37.18% | -30.80% | -6.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.91% | 26.48% | +8.43% |
Volatility
NSIT vs. SPOT - Volatility Comparison
Insight Enterprises, Inc. (NSIT) has a higher volatility of 21.11% compared to Spotify Technology S.A. (SPOT) at 16.77%. This indicates that NSIT's price experiences larger fluctuations and is considered to be riskier than SPOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NSIT | SPOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.11% | 16.77% | +4.34% |
Volatility (6M)Calculated over the trailing 6-month period | 36.76% | 37.50% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.28% | 45.43% | +0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.23% | 47.62% | -15.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.52% | 47.29% | -11.77% |
Dividends
NSIT vs. SPOT - Dividend Comparison
Neither NSIT nor SPOT has paid dividends to shareholders.
Financials
NSIT vs. SPOT - Financials Comparison
This section allows you to compare key financial metrics between Insight Enterprises, Inc. and Spotify Technology S.A.. 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
NSIT vs. SPOT - Profitability Comparison
NSIT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Insight Enterprises, Inc. reported a gross profit of 462.15M and revenue of 2.13B. Therefore, the gross margin over that period was 21.7%.
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a gross profit of 1.51B and revenue of 4.61B. Therefore, the gross margin over that period was 32.9%.
NSIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Insight Enterprises, Inc. reported an operating income of 71.68M and revenue of 2.13B, resulting in an operating margin of 3.4%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported an operating income of 726.76M and revenue of 4.61B, resulting in an operating margin of 15.8%.
NSIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Insight Enterprises, Inc. reported a net income of 30.01M and revenue of 2.13B, resulting in a net margin of 1.4%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a net income of 732.86M and revenue of 4.61B, resulting in a net margin of 15.9%.
Frequently Asked Questions
NSIT and SPOT have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NSIT has higher volatility (21.11%) compared to SPOT (16.77%). In terms of maximum drawdown, NSIT dropped -95.19% vs SPOT's -80.51%.
NSIT currently has the higher Sharpe Ratio (-0.26 vs -0.60), 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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