NVDA vs. UTIL.L

Last updated Jun 9, 2026

NVDA (NVIDIA Corporation) is a stock, while UTIL.L (SPDR MSCI Europe Utilities UCITS ETF) is Utilities Equities fund tracking the MSCI World/Utilities NR USD. Over the past 10 years, NVDA returned 68.47%/yr vs 11.12%/yr for UTIL.L. At a 0.14 correlation, their price movements are largely independent.

Performance

NVDA vs. UTIL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NVIDIA Corporation (NVDA) and SPDR MSCI Europe Utilities UCITS ETF (UTIL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

The year-to-date returns for both stocks are quite close, with NVDA having a 12.01% return and UTIL.L slightly lower at 11.58%. Over the past 10 years, NVDA has outperformed UTIL.L with an annualized return of 68.47%, while UTIL.L has yielded a comparatively lower 11.12% annualized return.

NVDA

• 1D: 1.73%
• 1M: -2.94%
• YTD: 12.01%
• 6M: 12.58%
• 1Y: 47.43%
• 3Y*: 75.35%
• 5Y*: 64.54%
• 10Y*: 68.47%

UTIL.L

• 1D: -0.56%
• 1M: -2.89%
• YTD: 11.58%
• 6M: 14.29%
• 1Y: 29.23%
• 3Y*: 19.39%
• 5Y*: 10.63%
• 10Y*: 11.12%

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

NVDA vs. UTIL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NVDA NVIDIA Corporation	12.01%	38.92%	171.25%	239.02%	-50.26%	125.48%	122.30%	76.94%	-30.82%	81.99%
UTIL.L SPDR MSCI Europe Utilities UCITS ETF	11.58%	51.98%	-4.93%	16.67%	-12.37%	0.89%	21.72%	26.80%	-1.46%	24.75%

Correlation

The correlation between NVDA and UTIL.L is 0.00, 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	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Dec 10, 2014	0.14

The correlation between NVDA and UTIL.L shifts across timeframes, from 0.00 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NVDA vs. UTIL.L — Risk / Return Rank

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

NVDA

NVDA Risk / Return Rank: 77
NVDA Sharpe Ratio Rank: 80
NVDA Sortino Ratio Rank: 75
NVDA Omega Ratio Rank: 73
NVDA Calmar Ratio Rank: 79
NVDA Martin Ratio Rank: 79

UTIL.L

UTIL.L Risk / Return Rank: 65
UTIL.L Sharpe Ratio Rank: 62
UTIL.L Sortino Ratio Rank: 56
UTIL.L Omega Ratio Rank: 61
UTIL.L Calmar Ratio Rank: 80
UTIL.L Martin Ratio Rank: 64

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 vs. UTIL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NVIDIA Corporation (NVDA) and SPDR MSCI Europe Utilities UCITS ETF (UTIL.L). 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	UTIL.L	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.75	-0.38
Sortino ratio: Return per unit of downside risk	1.94	2.27	-0.32
Omega ratio: Gain probability vs. loss probability	1.24	1.31	-0.07
Calmar ratio: Return relative to maximum drawdown	2.36	3.24	-0.88
Martin ratio: Return relative to average drawdown	5.73	9.11	-3.38
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 vs. UTIL.L - Sharpe Ratio Comparison

The current NVDA Sharpe Ratio is 1.37, which is comparable to the UTIL.L Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of NVDA and UTIL.L, 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

	NVDA	UTIL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	1.75	-0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.25	0.56	+0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.38	0.57	+0.81
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.43	+0.20

Drawdowns

NVDA vs. UTIL.L - Drawdown Comparison

The maximum NVDA drawdown since its inception was -89.72%, which is greater than UTIL.L's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for NVDA and UTIL.L.

Drawdown Indicators

	NVDA	UTIL.L	Difference
Max Drawdown Largest peak-to-trough decline	-89.72%	-35.43%	-54.29%
Max Drawdown (1Y) Largest decline over 1 year	-20.21%	-8.98%	-11.23%
Max Drawdown (3Y) Largest decline over 3 years	-36.88%	-17.76%	-19.12%
Max Drawdown (5Y) Largest decline over 5 years	-66.34%	-33.85%	-32.49%
Max Drawdown (10Y) Largest decline over 10 years	-66.34%	-35.43%	-30.91%
Current Drawdown Current decline from peak	-11.39%	-6.04%	-5.35%
Average Drawdown Average peak-to-trough decline	-36.20%	-8.23%	-27.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.30%	3.20%	+5.10%

Volatility

NVDA vs. UTIL.L - Volatility Comparison

NVIDIA Corporation (NVDA) has a higher volatility of 13.14% compared to SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) at 6.04%. This indicates that NVDA's price experiences larger fluctuations and is considered to be riskier than UTIL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDA	UTIL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.14%	6.04%	+7.10%
Volatility (6M) Calculated over the trailing 6-month period	26.37%	14.02%	+12.35%
Volatility (1Y) Calculated over the trailing 1-year period	34.81%	16.69%	+18.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.75%	19.10%	+32.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.85%	19.58%	+30.27%

Dividends

NVDA vs. UTIL.L - Dividend Comparison

NVDA's dividend yield for the trailing twelve months is around 0.14%, while UTIL.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
UTIL.L SPDR MSCI Europe Utilities UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVDA and UTIL.L in my portfolio?

NVDA and UTIL.L have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.