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NTNX vs. SHY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NTNX vs. SHY

Last updated Jun 5, 2026

NTNX (Nutanix, Inc.) is a stock, while SHY (iShares 1-3 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index. Over the past 5 years, NTNX returned 10.43%/yr vs 1.73%/yr for SHY. At a correlation of -0.03, they often move in opposite directions.

Performance

NTNX vs. SHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nutanix, Inc. (NTNX) and iShares 1-3 Year Treasury Bond ETF (SHY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NTNX achieves a 6.35% return, which is significantly higher than SHY's 0.50% return.

NTNX

1D
3.64%
1M
26.57%
YTD
6.35%
6M
16.68%
1Y
-28.74%
3Y*
22.88%
5Y*
10.43%
10Y*
—

SHY

1D
0.07%
1M
0.10%
YTD
0.50%
6M
0.84%
1Y
3.20%
3Y*
4.04%
5Y*
1.73%
10Y*
1.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NTNX vs. SHY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NTNX
Nutanix, Inc.		6.35%-15.51%28.29%83.07%-18.24%-0.03%1.95%-24.84%17.89%32.83%
SHY
iShares 1-3 Year Treasury Bond ETF		0.50%4.95%3.92%4.16%-3.88%-0.71%3.03%3.38%1.46%0.26%

Correlation

The correlation between NTNX and SHY is 0.06, 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

0.06

Correlation (3Y)
Calculated over the trailing 3-year period

0.00

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (All Time)
Calculated using the full available price history since Oct 3, 2016

-0.03

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Nutanix, Inc.

iShares 1-3 Year Treasury Bond ETF

Often compared with NTNX:
NTNX vs. NVDANTNX vs. SPYNTNX vs. AMRNTNX vs. RXSTNTNX vs. KKRNTNX vs. VOONTNX vs. PANW
Often compared with SHY:
SHY vs. SGOVSHY vs. VGSHSHY vs. SHVSHY vs. TLTSHY vs. IEFSHY vs. BILSHY vs. BSV

Return for Risk

NTNX vs. SHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NTNX
NTNX Risk / Return Rank: 1919
Overall Rank
NTNX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
NTNX Sortino Ratio Rank: 1717
Sortino Ratio Rank
NTNX Omega Ratio Rank: 1717
Omega Ratio Rank
NTNX Calmar Ratio Rank: 2424
Calmar Ratio Rank
NTNX Martin Ratio Rank: 2525
Martin Ratio Rank
SHY
SHY Risk / Return Rank: 7979
Overall Rank
SHY Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SHY Sortino Ratio Rank: 8888
Sortino Ratio Rank
SHY Omega Ratio Rank: 8383
Omega Ratio Rank
SHY Calmar Ratio Rank: 7474
Calmar Ratio Rank
SHY Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NTNX vs. SHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nutanix, Inc. (NTNX) and iShares 1-3 Year Treasury Bond ETF (SHY). 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.

NTNXSHYDifference
Sharpe ratioReturn per unit of total volatility
-0.63
2.42

-3.05

Sortino ratioReturn per unit of downside risk
-0.66
3.97

-4.63

Omega ratioGain probability vs. loss probability

0.91

1.49

-0.58

Calmar ratioReturn relative to maximum drawdown

-0.50

3.62

-4.12

Martin ratioReturn relative to average drawdown

-0.84

14.74

-15.58

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NTNX vs. SHY - Sharpe Ratio Comparison

The current NTNX Sharpe Ratio is -0.63, which is lower than the SHY Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of NTNX and SHY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

NTNXSHYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.63

2.42

-3.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

0.88

-0.66

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.06

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.07

1.29

-1.21

Drawdowns

NTNX vs. SHY - Drawdown Comparison

The maximum NTNX drawdown since its inception was -80.40%, which is greater than SHY's maximum drawdown of -5.71%. Use the drawdown chart below to compare losses from any high point for NTNX and SHY.

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Drawdown Indicators

NTNXSHYDifference

Max Drawdown

Largest peak-to-trough decline

-80.40%

-5.71%

-74.69%

Max Drawdown (1Y)

Largest decline over 1 year

-57.58%

-0.89%

-56.69%

Max Drawdown (3Y)

Largest decline over 3 years

-58.58%

-0.97%

-57.61%

Max Drawdown (5Y)

Largest decline over 5 years

-68.71%

-5.71%

-63.00%

Max Drawdown (10Y)

Largest decline over 10 years

—

-5.71%

—

Current Drawdown

Current decline from peak

-33.83%

-0.23%

-33.60%

Average Drawdown

Average peak-to-trough decline

-40.59%

-0.52%

-40.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.13%

0.22%

+33.91%

Volatility

NTNX vs. SHY - Volatility Comparison

Nutanix, Inc. (NTNX) has a higher volatility of 16.60% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.35%. This indicates that NTNX's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NTNXSHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.60%

0.35%

+16.25%

Volatility (6M)

Calculated over the trailing 6-month period

35.59%

0.93%

+34.66%

Volatility (1Y)

Calculated over the trailing 1-year period

45.98%

1.34%

+44.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.71%

1.98%

+47.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

57.17%

1.57%

+55.60%

Dividends

NTNX vs. SHY - Dividend Comparison

NTNX has not paid dividends to shareholders, while SHY's dividend yield for the trailing twelve months is around 3.68%.

PositionTTM20252024202320222021202020192018201720162015
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%
SHY
iShares 1-3 Year Treasury Bond ETF		3.68%3.81%3.92%2.99%1.30%0.26%0.94%2.12%1.72%0.98%0.71%0.54%

Frequently Asked Questions

NTNX and SHY have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NTNX has higher volatility (16.60%) compared to SHY (0.35%). In terms of maximum drawdown, NTNX dropped -80.40% vs SHY's -5.71%.

SHY currently has the higher Sharpe Ratio (2.42 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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