NTGR vs. HPE
NTGR (NETGEAR, Inc.) and HPE (Hewlett Packard Enterprise Company) are both stocks. Both operate in the Communication Equipment industry within the Technology sector. Over the past 10 years, NTGR returned -0.76%/yr vs 21.10%/yr for HPE. At a 0.41 correlation, their price movements are largely independent.
Performance
NTGR vs. HPE - Performance Comparison
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Returns By Period
In the year-to-date period, NTGR achieves a 6.77% return, which is significantly lower than HPE's 131.08% return. Over the past 10 years, NTGR has underperformed HPE with an annualized return of -0.76%, while HPE has yielded a comparatively higher 21.10% annualized return.
NTGR
- 1D
- -3.89%
- 1M
- 5.99%
- YTD
- 6.77%
- 6M
- -0.08%
- 1Y
- -13.13%
- 3Y*
- 22.55%
- 5Y*
- -7.36%
- 10Y*
- -0.76%
HPE
- 1D
- -1.78%
- 1M
- 92.09%
- YTD
- 131.08%
- 6M
- 150.84%
- 1Y
- 219.63%
- 3Y*
- 57.77%
- 5Y*
- 31.52%
- 10Y*
- 21.10%
NTGR vs. HPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NTGR NETGEAR, Inc. | 6.77% | -11.98% | 91.15% | -19.49% | -38.00% | -28.11% | 65.77% | -24.18% | -11.44% | 8.10% |
HPE Hewlett Packard Enterprise Company | 131.08% | 15.54% | 29.14% | 9.72% | 4.49% | 37.37% | -21.94% | 23.74% | -5.62% | 7.83% |
Correlation
The correlation between NTGR and HPE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2015 | 0.41 |
Fundamentals
NTGR:
$732.72M
HPE:
$74.78B
NTGR:
-$1.39
HPE:
$1.10
NTGR:
1.09
HPE:
1.94
NTGR:
1.56
HPE:
2.96
NTGR:
$690.11M
HPE:
$38.88B
NTGR:
$258.93M
HPE:
$5.56B
NTGR:
-$24.71M
HPE:
$2.70B
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Return for Risk
NTGR vs. HPE — Risk / Return Rank
NTGR
HPE
NTGR vs. HPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NETGEAR, Inc. (NTGR) and Hewlett Packard Enterprise Company (HPE). 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.
| NTGR | HPE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.30 | 4.64 | -4.94 |
Sortino ratioReturn per unit of downside risk | -0.16 | 4.96 | -5.12 |
Omega ratioGain probability vs. loss probability | 0.98 | 1.67 | -0.69 |
Calmar ratioReturn relative to maximum drawdown | -0.29 | 9.32 | -9.61 |
Martin ratioReturn relative to average drawdown | -0.49 | 22.56 | -23.05 |
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
| NTGR | HPE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.30 | 4.64 | -4.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 0.82 | -0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.57 | -0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.56 | -0.48 |
Drawdowns
NTGR vs. HPE - Drawdown Comparison
The maximum NTGR drawdown since its inception was -78.85%, which is greater than HPE's maximum drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for NTGR and HPE.
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Drawdown Indicators
| NTGR | HPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.85% | -56.88% | -21.97% |
Max Drawdown (1Y)Largest decline over 1 year | -44.82% | -23.73% | -21.09% |
Max Drawdown (3Y)Largest decline over 3 years | -44.82% | -48.36% | +3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -74.87% | -48.36% | -26.51% |
Max Drawdown (10Y)Largest decline over 10 years | -78.41% | -56.88% | -21.53% |
Current DrawdownCurrent decline from peak | -45.78% | -1.78% | -44.00% |
Average DrawdownAverage peak-to-trough decline | -33.47% | -14.44% | -19.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.85% | 9.78% | +17.07% |
Volatility
NTGR vs. HPE - Volatility Comparison
The current volatility for NETGEAR, Inc. (NTGR) is 12.24%, while Hewlett Packard Enterprise Company (HPE) has a volatility of 25.37%. This indicates that NTGR experiences smaller price fluctuations and is considered to be less risky than HPE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTGR | HPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.24% | 25.37% | -13.13% |
Volatility (6M)Calculated over the trailing 6-month period | 29.58% | 38.52% | -8.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.59% | 47.71% | -4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.99% | 38.85% | +6.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.30% | 37.04% | +6.26% |
Dividends
NTGR vs. HPE - Dividend Comparison
NTGR has not paid dividends to shareholders, while HPE's dividend yield for the trailing twelve months is around 0.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPE Hewlett Packard Enterprise Company | 0.99% | 2.22% | 2.44% | 2.89% | 3.01% | 3.04% | 4.05% | 2.88% | 3.12% | 70.62% | 0.99% | 0.36% |
NTGR NETGEAR, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 80.39% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NTGR vs. HPE - Financials Comparison
This section allows you to compare key financial metrics between NETGEAR, Inc. and Hewlett Packard Enterprise Company. 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
NTGR vs. HPE - Profitability Comparison
NTGR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NETGEAR, Inc. reported a gross profit of 64.30M and revenue of 158.82M. Therefore, the gross margin over that period was 40.5%.
HPE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported a gross profit of -3.34B and revenue of 10.68B. Therefore, the gross margin over that period was -31.3%.
NTGR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NETGEAR, Inc. reported an operating income of -13.59M and revenue of 158.82M, resulting in an operating margin of -8.6%.
HPE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported an operating income of 319.00M and revenue of 10.68B, resulting in an operating margin of 3.0%.
NTGR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NETGEAR, Inc. reported a net income of -13.04M and revenue of 158.82M, resulting in a net margin of -8.2%.
HPE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported a net income of 604.00M and revenue of 10.68B, resulting in a net margin of 5.7%.
Frequently Asked Questions
NTGR and HPE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HPE has higher volatility (25.37%) compared to NTGR (12.24%). In terms of maximum drawdown, NTGR dropped -78.85% vs HPE's -56.88%.
HPE currently has the higher Sharpe Ratio (4.64 vs -0.30), 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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