NVDA vs. HSY
NVDA (NVIDIA Corporation) and HSY (The Hershey Company) are both stocks. NVDA operates in Semiconductors (Technology), while HSY operates in Confectioners (Consumer Defensive). Over the past 10 years, NVDA returned 67.95%/yr vs 9.11%/yr for HSY. At a 0.12 correlation, their price movements are largely independent.
Performance
NVDA vs. HSY - Performance Comparison
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Returns By Period
In the year-to-date period, NVDA achieves a 10.16% return, which is significantly higher than HSY's 1.25% return. Over the past 10 years, NVDA has outperformed HSY with an annualized return of 67.95%, while HSY has yielded a comparatively lower 9.11% annualized return.
NVDA
- 1D
- 0.16%
- 1M
- -9.03%
- YTD
- 10.16%
- 6M
- 17.38%
- 1Y
- 41.70%
- 3Y*
- 71.13%
- 5Y*
- 63.13%
- 10Y*
- 67.95%
HSY
- 1D
- 0.45%
- 1M
- -6.45%
- YTD
- 1.25%
- 6M
- 1.34%
- 1Y
- 8.70%
- 3Y*
- -8.39%
- 5Y*
- 3.29%
- 10Y*
- 9.11%
NVDA vs. HSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 10.16% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
HSY The Hershey Company | 1.25% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
Correlation
The correlation between NVDA and HSY is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 1999 | 0.12 |
The correlation between NVDA and HSY shifts across timeframes, from -0.17 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NVDA:
$5.00T
HSY:
$37.11B
NVDA:
$6.53
HSY:
$5.38
NVDA:
31.44
HSY:
33.80
NVDA:
19.80
HSY:
3.08
NVDA:
25.60
HSY:
7.84
NVDA:
$253.49B
HSY:
$11.99B
NVDA:
$187.95B
HSY:
$4.17B
NVDA:
$192.76B
HSY:
$2.04B
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Return for Risk
NVDA vs. HSY — Risk / Return Rank
NVDA
HSY
NVDA vs. HSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NVIDIA Corporation (NVDA) and The Hershey Company (HSY). 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.
| NVDA | HSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.08 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 0.35 | +1.72 |
| Martin ratioReturn relative to average drawdown | 4.94 | 0.87 | +4.07 |
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Drawdowns
NVDA vs. HSY - Drawdown Comparison
The maximum NVDA drawdown since its inception was -89.72%, which is greater than HSY's maximum drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for NVDA and HSY.
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Drawdown Indicators
| NVDA | HSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.72% | -49.15% | -40.57% |
Max Drawdown (1Y)Largest decline over 1 year | -20.21% | -25.01% | +4.80% |
Max Drawdown (3Y)Largest decline over 3 years | -36.88% | -42.23% | +5.35% |
Max Drawdown (5Y)Largest decline over 5 years | -66.34% | -45.25% | -21.09% |
Max Drawdown (10Y)Largest decline over 10 years | -66.34% | -45.25% | -21.09% |
Current DrawdownCurrent decline from peak | -12.86% | -28.02% | +15.16% |
Average DrawdownAverage peak-to-trough decline | -36.18% | -13.10% | -23.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.46% | 10.00% | -1.54% |
Volatility
NVDA vs. HSY - Volatility Comparison
NVIDIA Corporation (NVDA) has a higher volatility of 13.26% compared to The Hershey Company (HSY) at 9.48%. This indicates that NVDA's price experiences larger fluctuations and is considered to be riskier than HSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVDA | HSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.26% | 9.48% | +3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 26.67% | 20.08% | +6.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.00% | 27.49% | +7.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.76% | 22.77% | +28.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.84% | 23.44% | +26.40% |
Dividends
NVDA vs. HSY - Dividend Comparison
NVDA's dividend yield for the trailing twelve months is around 0.14%, less than HSY's 3.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSY The Hershey Company | 3.11% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
NVDA vs. HSY - Financials Comparison
This section allows you to compare key financial metrics between NVIDIA Corporation and The Hershey Company. 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
NVDA vs. HSY - Profitability Comparison
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
HSY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported a gross profit of 1.22B and revenue of 3.10B. Therefore, the gross margin over that period was 39.4%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
HSY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported an operating income of 640.69M and revenue of 3.10B, resulting in an operating margin of 20.6%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
HSY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported a net income of 435.11M and revenue of 3.10B, resulting in a net margin of 14.0%.
Frequently Asked Questions
NVDA and HSY 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.
NVDA has higher volatility (13.26%) compared to HSY (9.48%). In terms of maximum drawdown, NVDA dropped -89.72% vs HSY's -49.15%.
NVDA currently has the higher Sharpe Ratio (1.20 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.
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