NTAP vs. DELL
NTAP (NetApp, Inc.) and DELL (Dell Technologies Inc.) are both stocks. Both operate in the Computer Hardware industry within the Technology sector. Over the past 5 years, NTAP returned 18.47%/yr vs 52.91%/yr for DELL. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
NTAP vs. DELL - Performance Comparison
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Returns By Period
In the year-to-date period, NTAP achieves a 60.63% return, which is significantly lower than DELL's 220.76% return.
NTAP
- 1D
- 1.96%
- 1M
- 44.33%
- YTD
- 60.63%
- 6M
- 46.36%
- 1Y
- 63.39%
- 3Y*
- 37.50%
- 5Y*
- 18.47%
- 10Y*
- 24.49%
DELL
- 1D
- 1.62%
- 1M
- 53.87%
- YTD
- 220.76%
- 6M
- 187.56%
- 1Y
- 257.68%
- 3Y*
- 107.08%
- 5Y*
- 52.91%
- 10Y*
- —
NTAP vs. DELL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NTAP NetApp, Inc. | 60.63% | -5.87% | 34.16% | 51.15% | -32.92% | 42.47% | 10.94% | 7.43% | 5.15% |
DELL Dell Technologies Inc. | 220.76% | 11.22% | 52.97% | 95.85% | -26.63% | 51.21% | 42.62% | 5.16% | 15.88% |
Correlation
The correlation between NTAP and DELL is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Dec 24, 2018 | 0.57 |
The correlation between NTAP and DELL has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.
Fundamentals
NTAP:
$33.89B
DELL:
$262.91B
NTAP:
$6.35
DELL:
$12.42
NTAP:
26.83
DELL:
32.27
NTAP:
2.01
DELL:
2.05
NTAP:
4.94
DELL:
2.02
NTAP:
$6.93B
DELL:
$134.00B
NTAP:
$4.90B
DELL:
$25.67B
NTAP:
$1.89B
DELL:
$10.64B
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Return for Risk
NTAP vs. DELL — Risk / Return Rank
NTAP
DELL
NTAP vs. DELL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NetApp, Inc. (NTAP) and Dell Technologies Inc. (DELL). 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.
| NTAP | DELL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.58 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 8.02 | -5.46 |
| Martin ratioReturn relative to average drawdown | 5.33 | 18.09 | -12.76 |
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
| NTAP | DELL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 3.97 | -2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 1.05 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.05 | -0.72 |
Drawdowns
NTAP vs. DELL - Drawdown Comparison
The maximum NTAP drawdown since its inception was -96.21%, which is greater than DELL's maximum drawdown of -59.59%. Use the drawdown chart below to compare losses from any high point for NTAP and DELL.
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Drawdown Indicators
| NTAP | DELL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.21% | -59.59% | -36.62% |
Max Drawdown (1Y)Largest decline over 1 year | -24.83% | -32.34% | +7.51% |
Max Drawdown (3Y)Largest decline over 3 years | -42.61% | -59.59% | +16.98% |
Max Drawdown (5Y)Largest decline over 5 years | -42.61% | -59.59% | +16.98% |
Max Drawdown (10Y)Largest decline over 10 years | -58.08% | — | — |
Current DrawdownCurrent decline from peak | -5.95% | -13.99% | +8.04% |
Average DrawdownAverage peak-to-trough decline | -57.10% | -18.49% | -38.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.95% | 14.32% | -2.37% |
Volatility
NTAP vs. DELL - Volatility Comparison
The current volatility for NetApp, Inc. (NTAP) is 24.97%, while Dell Technologies Inc. (DELL) has a volatility of 37.86%. This indicates that NTAP experiences smaller price fluctuations and is considered to be less risky than DELL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTAP | DELL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.97% | 37.86% | -12.89% |
Volatility (6M)Calculated over the trailing 6-month period | 34.30% | 54.13% | -19.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.43% | 65.53% | -25.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.87% | 50.75% | -16.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.95% | 47.95% | -12.00% |
Dividends
NTAP vs. DELL - Dividend Comparison
NTAP's dividend yield for the trailing twelve months is around 1.22%, more than DELL's 0.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DELL Dell Technologies Inc. | 0.55% | 1.60% | 1.48% | 1.88% | 2.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NTAP NetApp, Inc. | 1.22% | 1.94% | 1.76% | 2.27% | 3.33% | 2.13% | 2.90% | 2.83% | 2.01% | 1.41% | 2.10% | 2.60% |
Financials
NTAP vs. DELL - Financials Comparison
This section allows you to compare key financial metrics between NetApp, Inc. and Dell Technologies Inc.. 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
NTAP vs. DELL - Profitability Comparison
NTAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NetApp, Inc. reported a gross profit of 1.37B and revenue of 1.95B. Therefore, the gross margin over that period was 70.1%.
DELL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported a gross profit of 7.78B and revenue of 43.84B. Therefore, the gross margin over that period was 17.8%.
NTAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NetApp, Inc. reported an operating income of 535.00M and revenue of 1.95B, resulting in an operating margin of 27.5%.
DELL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported an operating income of 3.66B and revenue of 43.84B, resulting in an operating margin of 8.3%.
NTAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NetApp, Inc. reported a net income of 404.00M and revenue of 1.95B, resulting in a net margin of 20.7%.
DELL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported a net income of 3.44B and revenue of 43.84B, resulting in a net margin of 7.8%.
Frequently Asked Questions
NTAP and DELL have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DELL has higher volatility (37.86%) compared to NTAP (24.97%). In terms of maximum drawdown, NTAP dropped -96.21% vs DELL's -59.59%.
DELL currently has the higher Sharpe Ratio (3.97 vs 1.58), 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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