NTRA vs. VEEV
NTRA (Natera, Inc.) and VEEV (Veeva Systems Inc.) are both stocks. Both are in the Healthcare sector — NTRA in Diagnostics & Research, VEEV in Health Information Services. Over the past 10 years, NTRA returned 33.53%/yr vs 16.73%/yr for VEEV. At a 0.41 correlation, their price movements are largely independent.
Performance
NTRA vs. VEEV - Performance Comparison
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Returns By Period
In the year-to-date period, NTRA achieves a -7.43% return, which is significantly higher than VEEV's -28.53% return. Over the past 10 years, NTRA has outperformed VEEV with an annualized return of 33.53%, while VEEV has yielded a comparatively lower 16.73% annualized return.
NTRA
- 1D
- -3.27%
- 1M
- 8.58%
- YTD
- -7.43%
- 6M
- -8.57%
- 1Y
- 29.04%
- 3Y*
- 61.10%
- 5Y*
- 15.34%
- 10Y*
- 33.53%
VEEV
- 1D
- -1.24%
- 1M
- 2.45%
- YTD
- -28.53%
- 6M
- -28.54%
- 1Y
- -43.46%
- 3Y*
- -5.80%
- 5Y*
- -11.82%
- 10Y*
- 16.73%
NTRA vs. VEEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NTRA Natera, Inc. | -7.43% | 44.72% | 152.71% | 55.94% | -56.99% | -6.16% | 195.40% | 141.33% | 55.28% | -23.23% |
VEEV Veeva Systems Inc. | -28.53% | 6.17% | 9.21% | 19.30% | -36.83% | -6.16% | 93.55% | 57.48% | 61.58% | 35.82% |
Correlation
The correlation between NTRA and VEEV is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2015 | 0.41 |
The correlation between NTRA and VEEV shifts across timeframes, from 0.25 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NTRA:
$30.01B
VEEV:
$26.48B
NTRA:
-$1.64
VEEV:
$5.63
NTRA:
11.70
VEEV:
8.04
NTRA:
16.92
VEEV:
3.63
NTRA:
$2.50B
VEEV:
$3.32B
NTRA:
$1.63B
VEEV:
$2.49B
NTRA:
-$294.86M
VEEV:
$1.00B
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Return for Risk
NTRA vs. VEEV — Risk / Return Rank
NTRA
VEEV
NTRA vs. VEEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Natera, Inc. (NTRA) and Veeva Systems Inc. (VEEV). 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 | VEEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.77 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | -0.86 | +1.90 |
| Martin ratioReturn relative to average drawdown | 2.17 | -1.51 | +3.68 |
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Drawdowns
NTRA vs. VEEV - Drawdown Comparison
The maximum NTRA drawdown since its inception was -77.74%, which is greater than VEEV's maximum drawdown of -61.35%. Use the drawdown chart below to compare losses from any high point for NTRA and VEEV.
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Drawdown Indicators
| NTRA | VEEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.74% | -61.35% | -16.39% |
Max Drawdown (1Y)Largest decline over 1 year | -28.20% | -50.55% | +22.35% |
Max Drawdown (3Y)Largest decline over 3 years | -39.94% | -50.55% | +10.61% |
Max Drawdown (5Y)Largest decline over 5 years | -77.74% | -55.69% | -22.05% |
Max Drawdown (10Y)Largest decline over 10 years | -77.74% | -55.69% | -22.05% |
Current DrawdownCurrent decline from peak | -16.64% | -53.21% | +36.57% |
Average DrawdownAverage peak-to-trough decline | -33.43% | -26.08% | -7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.41% | 28.76% | -15.35% |
Volatility
NTRA vs. VEEV - Volatility Comparison
Natera, Inc. (NTRA) and Veeva Systems Inc. (VEEV) have volatilities of 14.27% and 14.08%, 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 | VEEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.27% | 14.08% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 35.19% | 29.27% | +5.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.95% | 35.87% | +7.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.04% | 37.98% | +19.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.95% | 38.23% | +22.72% |
Dividends
NTRA vs. VEEV - Dividend Comparison
Neither NTRA nor VEEV has paid dividends to shareholders.
Financials
NTRA vs. VEEV - Financials Comparison
This section allows you to compare key financial metrics between Natera, Inc. and Veeva Systems 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. VEEV - 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%.
VEEV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported a gross profit of 659.69M and revenue of 882.95M. Therefore, the gross margin over that period was 74.7%.
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%.
VEEV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported an operating income of 273.11M and revenue of 882.95M, resulting in an operating margin of 30.9%.
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%.
VEEV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported a net income of 260.94M and revenue of 882.95M, resulting in a net margin of 29.6%.
Frequently Asked Questions
NTRA and VEEV have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTRA has higher volatility (14.27%) compared to VEEV (14.08%). In terms of maximum drawdown, NTRA dropped -77.74% vs VEEV's -61.35%.
NTRA currently has the higher Sharpe Ratio (0.68 vs -1.22), 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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