NTRA vs. QLYS
NTRA (Natera, Inc.) and QLYS (Qualys, Inc.) are both stocks. NTRA operates in Diagnostics & Research (Healthcare), while QLYS operates in Software - Infrastructure (Technology). Over the past 10 years, NTRA returned 33.08%/yr vs 14.09%/yr for QLYS. At a 0.31 correlation, their price movements are largely independent.
Performance
NTRA vs. QLYS - Performance Comparison
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Returns By Period
In the year-to-date period, NTRA achieves a 2.48% return, which is significantly higher than QLYS's -15.48% return. Over the past 10 years, NTRA has outperformed QLYS with an annualized return of 33.08%, while QLYS has yielded a comparatively lower 14.09% annualized return.
NTRA
- 1D
- 2.60%
- 1M
- 15.54%
- YTD
- 2.48%
- 6M
- -0.27%
- 1Y
- 37.79%
- 3Y*
- 65.95%
- 5Y*
- 14.42%
- 10Y*
- 33.08%
QLYS
- 1D
- 3.52%
- 1M
- 9.73%
- YTD
- -15.48%
- 6M
- -19.23%
- 1Y
- -19.98%
- 3Y*
- -3.38%
- 5Y*
- 2.00%
- 10Y*
- 14.09%
NTRA vs. QLYS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NTRA Natera, Inc. | 2.48% | 44.72% | 152.71% | 55.94% | -56.99% | -6.16% | 195.40% | 141.33% | 55.28% | -23.23% |
QLYS Qualys, Inc. | -15.48% | -5.22% | -28.56% | 74.89% | -18.21% | 12.60% | 46.18% | 11.55% | 25.93% | 87.52% |
Correlation
The correlation between NTRA and QLYS is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2015 | 0.31 |
Over the past year, the correlation between NTRA and QLYS has dropped to 0.05 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
NTRA:
$33.22B
QLYS:
$4.01B
NTRA:
-$1.64
QLYS:
$5.57
NTRA:
12.95
QLYS:
5.93
NTRA:
18.73
QLYS:
7.03
NTRA:
$2.50B
QLYS:
$684.86M
NTRA:
$1.63B
QLYS:
$569.03M
NTRA:
-$294.86M
QLYS:
$252.31M
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Return for Risk
NTRA vs. QLYS — Risk / Return Rank
NTRA
QLYS
NTRA vs. QLYS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Natera, Inc. (NTRA) and Qualys, Inc. (QLYS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NTRA | QLYS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.95 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | -0.40 | +1.74 |
| Martin ratioReturn relative to average drawdown | 2.80 | -0.81 | +3.61 |
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Drawdowns
NTRA vs. QLYS - Drawdown Comparison
The maximum NTRA drawdown since its inception was -77.74%, which is greater than QLYS's maximum drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for NTRA and QLYS.
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Drawdown Indicators
| NTRA | QLYS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.74% | -68.48% | -9.26% |
Max Drawdown (1Y)Largest decline over 1 year | -28.20% | -50.46% | +22.26% |
Max Drawdown (3Y)Largest decline over 3 years | -39.94% | -62.99% | +23.05% |
Max Drawdown (5Y)Largest decline over 5 years | -77.74% | -62.99% | -14.75% |
Max Drawdown (10Y)Largest decline over 10 years | -77.74% | -62.99% | -14.75% |
Current DrawdownCurrent decline from peak | -7.72% | -45.44% | +37.72% |
Average DrawdownAverage peak-to-trough decline | -33.38% | -20.93% | -12.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.52% | 24.68% | -11.16% |
Volatility
NTRA vs. QLYS - Volatility Comparison
Natera, Inc. (NTRA) and Qualys, Inc. (QLYS) have volatilities of 12.58% and 12.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTRA | QLYS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.58% | 12.30% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 35.53% | 36.52% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.14% | 45.62% | -2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.02% | 39.93% | +17.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.82% | 39.07% | +21.75% |
Dividends
NTRA vs. QLYS - Dividend Comparison
Neither NTRA nor QLYS has paid dividends to shareholders.
Financials
NTRA vs. QLYS - Financials Comparison
This section allows you to compare key financial metrics between Natera, Inc. and Qualys, 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
NTRA vs. QLYS - Profitability Comparison
NTRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Natera, Inc. reported a gross profit of 451.44M and revenue of 696.64M. Therefore, the gross margin over that period was 64.8%.
QLYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Qualys, Inc. reported a gross profit of 145.65M and revenue of 175.64M. Therefore, the gross margin over that period was 82.9%.
NTRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Natera, Inc. reported an operating income of -93.52M and revenue of 696.64M, resulting in an operating margin of -13.4%.
QLYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Qualys, Inc. reported an operating income of 60.89M and revenue of 175.64M, resulting in an operating margin of 34.7%.
NTRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Natera, Inc. reported a net income of -85.09M and revenue of 696.64M, resulting in a net margin of -12.2%.
QLYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Qualys, Inc. reported a net income of 50.64M and revenue of 175.64M, resulting in a net margin of 28.8%.
Frequently Asked Questions
NTRA and QLYS have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTRA has higher volatility (12.58%) compared to QLYS (12.30%). In terms of maximum drawdown, NTRA dropped -77.74% vs QLYS's -68.48%.
NTRA currently has the higher Sharpe Ratio (0.88 vs -0.44), 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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