NVDA.TO vs. NVDA

Last updated Apr 1, 2026

Compare and contrast key facts about Nvidia CDR (CAD Hedged) (NVDA.TO) and NVIDIA Corporation (NVDA).

Performance

NVDA.TO vs. NVDA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Nvidia CDR (CAD Hedged) (NVDA.TO) and NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

NVDA.TO vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NVDA.TO Nvidia CDR (CAD Hedged)	-7.11%	34.82%	167.13%	233.70%	-37.69%
NVDA NVIDIA Corporation	-5.22%	32.54%	194.55%	231.55%	-31.32%

Different Trading Currencies

NVDA.TO is traded in CAD, while NVDA is traded in USD. To make them comparable, the NVDA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NVDA.TO achieves a -7.11% return, which is significantly higher than NVDA's -10.15% return.

NVDA.TO

• 1D: 5.36%
• 1M: -1.92%
• YTD: -7.11%
• 6M: -7.69%
• 1Y: 57.28%
• 3Y*: 80.64%
• 5Y*: —
• 10Y*: —

NVDA

• 1D: 0.00%
• 1M: -4.85%
• YTD: -10.15%
• 6M: -11.47%
• 1Y: 47.49%
• 3Y*: 83.01%
• 5Y*: 67.80%
• 10Y*: 69.84%

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

Return for Risk

NVDA.TO vs. NVDA — Risk / Return Rank

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

NVDA.TO

NVDA.TO Risk / Return Rank: 82
NVDA.TO Sharpe Ratio Rank: 84
NVDA.TO Sortino Ratio Rank: 82
NVDA.TO Omega Ratio Rank: 79
NVDA.TO Calmar Ratio Rank: 83
NVDA.TO Martin Ratio Rank: 82

NVDA

NVDA Risk / Return Rank: 83
NVDA Sharpe Ratio Rank: 85
NVDA Sortino Ratio Rank: 82
NVDA Omega Ratio Rank: 80
NVDA Calmar Ratio Rank: 86
NVDA Martin Ratio Rank: 85

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.

NVDA.TO vs. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nvidia CDR (CAD Hedged) (NVDA.TO) and NVIDIA Corporation (NVDA). 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.

	NVDA.TO	NVDA	Difference
Sharpe ratio Return per unit of total volatility	1.45	1.16	+0.29
Sortino ratio Return per unit of downside risk	2.14	1.79	+0.35
Omega ratio Gain probability vs. loss probability	1.27	1.23	+0.04
Calmar ratio Return relative to maximum drawdown	2.61	2.22	+0.39
Martin ratio Return relative to average drawdown	6.55	5.15	+1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVDA.TO vs. NVDA - Sharpe Ratio Comparison

The current NVDA.TO Sharpe Ratio is 1.45, which is comparable to the NVDA Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of NVDA.TO and NVDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NVDA.TO	NVDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	1.16	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.35	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	1.08	+0.06

Correlation

The correlation between NVDA.TO and NVDA is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

NVDA.TO vs. NVDA - Dividend Comparison

NVDA.TO's dividend yield for the trailing twelve months is around 0.03%, more than NVDA's 0.02% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVDA.TO Nvidia CDR (CAD Hedged)	0.03%	0.02%	0.02%	0.03%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NVDA NVIDIA Corporation	0.02%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%

Drawdowns

NVDA.TO vs. NVDA - Drawdown Comparison

The maximum NVDA.TO drawdown since its inception was -61.15%, roughly equal to the maximum NVDA drawdown of -63.31%. Use the drawdown chart below to compare losses from any high point for NVDA.TO and NVDA.

Drawdown Indicators

	NVDA.TO	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-61.15%	-89.72%	+28.57%
Max Drawdown (1Y) Largest decline over 1 year	-21.05%	-20.21%	-0.84%
Max Drawdown (5Y) Largest decline over 5 years	—	-66.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.34%	—
Current Drawdown Current decline from peak	-16.81%	-15.76%	-1.05%
Average Drawdown Average peak-to-trough decline	-15.69%	-36.40%	+20.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.38%	7.99%	+0.39%

Volatility

NVDA.TO vs. NVDA - Volatility Comparison

Nvidia CDR (CAD Hedged) (NVDA.TO) has a higher volatility of 10.05% compared to NVIDIA Corporation (NVDA) at 8.76%. This indicates that NVDA.TO's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDA.TO	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.05%	8.76%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	24.70%	25.30%	-0.60%
Volatility (1Y) Calculated over the trailing 1-year period	39.74%	40.97%	-1.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.19%	50.46%	+1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.19%	48.88%	+3.31%

Financials