NTNX vs. HPE
NTNX (Nutanix, Inc.) and HPE (Hewlett Packard Enterprise Company) are both stocks. Both are in the Technology sector — NTNX in Software - Infrastructure, HPE in Communication Equipment. Over the past 5 years, NTNX returned 10.43%/yr vs 30.81%/yr for HPE. At a 0.36 correlation, their price movements are largely independent.
Performance
NTNX vs. HPE - Performance Comparison
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Returns By Period
In the year-to-date period, NTNX achieves a 6.35% return, which is significantly lower than HPE's 124.96% return.
NTNX
- 1D
- 3.64%
- 1M
- 26.57%
- YTD
- 6.35%
- 6M
- 16.68%
- 1Y
- -28.74%
- 3Y*
- 22.88%
- 5Y*
- 10.43%
- 10Y*
- —
HPE
- 1D
- -2.65%
- 1M
- 78.73%
- YTD
- 124.96%
- 6M
- 137.37%
- 1Y
- 208.55%
- 3Y*
- 57.13%
- 5Y*
- 30.81%
- 10Y*
- 20.39%
NTNX vs. HPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NTNX Nutanix, Inc. | 6.35% | -15.51% | 28.29% | 83.07% | -18.24% | -0.03% | 1.95% | -24.84% | 17.89% | 32.83% |
HPE Hewlett Packard Enterprise Company | 124.96% | 15.54% | 29.14% | 9.72% | 4.49% | 37.37% | -21.94% | 23.74% | -5.62% | 7.83% |
Correlation
The correlation between NTNX and HPE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2016 | 0.36 |
The correlation between NTNX and HPE shifts across timeframes, from 0.26 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NTNX:
$16.05B
HPE:
$72.80B
NTNX:
$0.93
HPE:
$1.10
NTNX:
58.79
HPE:
48.90
NTNX:
5.90
HPE:
1.88
NTNX:
$2.75B
HPE:
$38.88B
NTNX:
$2.39B
HPE:
$5.56B
NTNX:
$293.53M
HPE:
$2.70B
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Return for Risk
NTNX vs. HPE — Risk / Return Rank
NTNX
HPE
NTNX vs. HPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutanix, Inc. (NTNX) 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.
| NTNX | HPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.02 | ||
| Sortino ratioReturn per unit of downside risk | -5.46 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.65 | -0.73 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 8.85 | -9.35 |
| Martin ratioReturn relative to average drawdown | -0.84 | 21.41 | -22.26 |
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
| NTNX | HPE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.63 | 4.39 | -5.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.80 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.55 | -0.48 |
Drawdowns
NTNX vs. HPE - Drawdown Comparison
The maximum NTNX drawdown since its inception was -80.40%, which is greater than HPE's maximum drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for NTNX and HPE.
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Drawdown Indicators
| NTNX | HPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.40% | -56.88% | -23.52% |
Max Drawdown (1Y)Largest decline over 1 year | -57.58% | -23.73% | -33.85% |
Max Drawdown (3Y)Largest decline over 3 years | -58.58% | -48.36% | -10.22% |
Max Drawdown (5Y)Largest decline over 5 years | -68.71% | -48.36% | -20.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.88% | — |
Current DrawdownCurrent decline from peak | -33.83% | -4.38% | -29.45% |
Average DrawdownAverage peak-to-trough decline | -40.59% | -14.43% | -26.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.13% | 9.78% | +24.35% |
Volatility
NTNX vs. HPE - Volatility Comparison
The current volatility for Nutanix, Inc. (NTNX) is 16.60%, while Hewlett Packard Enterprise Company (HPE) has a volatility of 25.96%. This indicates that NTNX 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
| NTNX | HPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.60% | 25.96% | -9.36% |
Volatility (6M)Calculated over the trailing 6-month period | 35.59% | 38.66% | -3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.98% | 47.79% | -1.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.71% | 38.86% | +10.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.17% | 37.04% | +20.13% |
Dividends
NTNX vs. HPE - Dividend Comparison
NTNX has not paid dividends to shareholders, while HPE's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPE Hewlett Packard Enterprise Company | 1.02% | 2.22% | 2.44% | 2.89% | 3.01% | 3.04% | 4.05% | 2.88% | 3.12% | 70.62% | 0.99% | 0.36% |
NTNX Nutanix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NTNX vs. HPE - Financials Comparison
This section allows you to compare key financial metrics between Nutanix, 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
NTNX vs. HPE - Profitability Comparison
NTNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported a gross profit of 610.68M and revenue of 703.07M. Therefore, the gross margin over that period was 86.9%.
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%.
NTNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported an operating income of 68.56M and revenue of 703.07M, resulting in an operating margin of 9.8%.
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%.
NTNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported a net income of 72.09M and revenue of 703.07M, resulting in a net margin of 10.3%.
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
NTNX and HPE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HPE has higher volatility (25.96%) compared to NTNX (16.60%). In terms of maximum drawdown, NTNX dropped -80.40% vs HPE's -56.88%.
HPE currently has the higher Sharpe Ratio (4.39 vs -0.63), 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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