NUE vs. SOUN

Last updated Jun 9, 2026

NUE (Nucor Corporation) and SOUN (SoundHound AI, Inc.) are both stocks. NUE operates in Steel (Basic Materials), while SOUN operates in Software - Application (Technology). Over the past 3 years, NUE returned 22.06%/yr vs 35.66%/yr for SOUN. At a 0.21 correlation, their price movements are largely independent.

Performance

NUE vs. SOUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nucor Corporation (NUE) and SoundHound AI, Inc. (SOUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUE achieves a 55.89% return, which is significantly higher than SOUN's -24.87% return.

NUE

• 1D: -0.39%
• 1M: 11.38%
• YTD: 55.89%
• 6M: 60.16%
• 1Y: 111.60%
• 3Y*: 22.06%
• 5Y*: 20.51%
• 10Y*: 20.15%

SOUN

• 1D: 1.35%
• 1M: -15.65%
• YTD: -24.87%
• 6M: -40.93%
• 1Y: -25.91%
• 3Y*: 35.66%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NUE vs. SOUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NUE Nucor Corporation	55.89%	42.03%	-31.95%	33.75%	-16.87%
SOUN SoundHound AI, Inc.	-24.87%	-49.75%	835.85%	19.77%	-76.40%

Correlation

The correlation between NUE and SOUN is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022	0.21

Fundamentals

Market Cap NUE : $58.10B SOUN : $2.54B
EPS NUE : $10.12 SOUN : -$0.43
PS Ratio NUE : 1.71 SOUN : 15.98
PB Ratio NUE : 2.71 SOUN : 5.50
Total Revenue (TTM) NUE : $34.16B SOUN : $183.99M
Gross Profit (TTM) NUE : $4.77B SOUN : $69.84M
EBITDA (TTM) NUE : $3.49B SOUN : -$124.47M

Return for Risk

NUE vs. SOUN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NUE

NUE Risk / Return Rank: 96
NUE Sharpe Ratio Rank: 97
NUE Sortino Ratio Rank: 96
NUE Omega Ratio Rank: 95
NUE Calmar Ratio Rank: 94
NUE Martin Ratio Rank: 95

SOUN

SOUN Risk / Return Rank: 31
SOUN Sharpe Ratio Rank: 28
SOUN Sortino Ratio Rank: 32
SOUN Omega Ratio Rank: 31
SOUN Calmar Ratio Rank: 30
SOUN Martin Ratio Rank: 31

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.

NUE vs. SOUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nucor Corporation (NUE) and SoundHound AI, Inc. (SOUN). 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.

	NUE	SOUN	Difference
Sharpe ratio: Return per unit of total volatility	3.80	-0.32	+4.12
Sortino ratio: Return per unit of downside risk	4.36	0.02	+4.34
Omega ratio: Gain probability vs. loss probability	1.54	1.00	+0.54
Calmar ratio: Return relative to maximum drawdown	6.09	-0.36	+6.45
Martin ratio: Return relative to average drawdown	18.29	-0.58	+18.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NUE vs. SOUN - Sharpe Ratio Comparison

The current NUE Sharpe Ratio is 3.80, which is higher than the SOUN Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of NUE and SOUN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NUE	SOUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.80	-0.32	+4.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	-0.00	+0.41

Drawdowns

NUE vs. SOUN - Drawdown Comparison

The maximum NUE drawdown since its inception was -68.34%, smaller than the maximum SOUN drawdown of -93.55%. Use the drawdown chart below to compare losses from any high point for NUE and SOUN.

Drawdown Indicators

	NUE	SOUN	Difference
Max Drawdown Largest peak-to-trough decline	-68.34%	-93.55%	+25.21%
Max Drawdown (1Y) Largest decline over 1 year	-18.43%	-72.43%	+54.00%
Max Drawdown (3Y) Largest decline over 3 years	-47.79%	-75.65%	+27.86%
Max Drawdown (5Y) Largest decline over 5 years	-47.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.21%	—	—
Current Drawdown Current decline from peak	-3.39%	-69.09%	+65.70%
Average Drawdown Average peak-to-trough decline	-21.14%	-66.95%	+45.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.12%	44.50%	-38.38%

Volatility

NUE vs. SOUN - Volatility Comparison

The current volatility for Nucor Corporation (NUE) is 7.99%, while SoundHound AI, Inc. (SOUN) has a volatility of 19.06%. This indicates that NUE experiences smaller price fluctuations and is considered to be less risky than SOUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUE	SOUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	19.06%	-11.07%
Volatility (6M) Calculated over the trailing 6-month period	20.45%	51.57%	-31.12%
Volatility (1Y) Calculated over the trailing 1-year period	29.59%	80.46%	-50.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.70%	136.34%	-98.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.97%	136.34%	-100.37%

Dividends

NUE vs. SOUN - Dividend Comparison

NUE's dividend yield for the trailing twelve months is around 0.88%, while SOUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NUE Nucor Corporation	0.88%	1.35%	1.86%	1.19%	1.52%	1.50%	3.03%	2.85%	2.97%	2.38%	2.52%	3.70%
SOUN SoundHound AI, 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

Frequently Asked Questions

Can I hold both NUE and SOUN in my portfolio?

NUE and SOUN have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NUE or SOUN?

SOUN has higher volatility (19.06%) compared to NUE (7.99%). In terms of maximum drawdown, NUE dropped -68.34% vs SOUN's -93.55%.

Which has better risk-adjusted returns?

NUE currently has the higher Sharpe Ratio (3.80 vs -0.32), 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.