NVMI vs. IDCC
NVMI (Nova Ltd) and IDCC (InterDigital, Inc.) are both stocks. NVMI operates in Semiconductor Equipment & Materials (Technology), while IDCC operates in Telecom Services (Communication Services). Over the past 10 years, NVMI returned 44.72%/yr vs 18.69%/yr for IDCC. At a 0.26 correlation, their price movements are largely independent.
Performance
NVMI vs. IDCC - Performance Comparison
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Returns By Period
In the year-to-date period, NVMI achieves a 44.92% return, which is significantly higher than IDCC's -16.22% return. Over the past 10 years, NVMI has outperformed IDCC with an annualized return of 44.72%, while IDCC has yielded a comparatively lower 18.69% annualized return.
NVMI
- 1D
- 0.40%
- 1M
- -14.96%
- 6M
- 20.77%
- YTD
- 44.92%
- 1Y
- 67.48%
- 3Y*
- 63.15%
- 5Y*
- 36.82%
- 10Y*
- 44.72%
IDCC
- 1D
- -0.53%
- 1M
- -4.01%
- 6M
- -13.70%
- YTD
- -16.22%
- 1Y
- 18.65%
- 3Y*
- 42.33%
- 5Y*
- 32.45%
- 10Y*
- 18.69%
NVMI vs. IDCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVMI Nova Ltd | 44.92% | 66.74% | 43.35% | 68.21% | -44.25% | 107.51% | 86.62% | 66.07% | -12.08% | 96.88% |
IDCC InterDigital, Inc. | -16.22% | 66.05% | 81.06% | 123.67% | -29.25% | 20.49% | 14.28% | -16.11% | -11.23% | -15.34% |
Correlation
The correlation between NVMI and IDCC is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2000 | 0.26 |
The correlation between NVMI and IDCC shifts across timeframes, from 0.26 (all time) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NVMI:
$15.13B
IDCC:
$6.85B
NVMI:
$7.85
IDCC:
$10.37
NVMI:
60.61
IDCC:
25.53
NVMI:
2.10
IDCC:
0.32
NVMI:
17.71
IDCC:
11.29
NVMI:
11.81
IDCC:
8.46
NVMI:
$902.53M
IDCC:
$828.92M
NVMI:
$518.59M
IDCC:
$537.64M
NVMI:
$293.89M
IDCC:
$508.15M
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Return for Risk
NVMI vs. IDCC — Risk / Return Rank
NVMI
IDCC
NVMI vs. IDCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and InterDigital, Inc. (IDCC). 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.
| NVMI | IDCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.11 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 0.46 | +2.14 |
| Martin ratioReturn relative to average drawdown | 7.43 | 0.98 | +6.45 |
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Drawdowns
NVMI vs. IDCC - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, roughly equal to the maximum IDCC drawdown of -93.83%. Use the drawdown chart below to compare losses from any high point for NVMI and IDCC.
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Drawdown Indicators
| NVMI | IDCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -93.83% | -4.39% |
Max Drawdown (1Y)Largest decline over 1 year | -26.29% | -36.48% | +10.19% |
Max Drawdown (3Y)Largest decline over 3 years | -40.79% | -36.48% | -4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -52.76% | -44.99% | -7.77% |
Max Drawdown (10Y)Largest decline over 10 years | -52.76% | -64.94% | +12.18% |
Current DrawdownCurrent decline from peak | -21.42% | -32.73% | +11.31% |
Average DrawdownAverage peak-to-trough decline | -51.65% | -45.24% | -6.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.17% | 17.00% | -7.83% |
Volatility
NVMI vs. IDCC - Volatility Comparison
Nova Ltd (NVMI) has a higher volatility of 25.53% compared to InterDigital, Inc. (IDCC) at 13.08%. This indicates that NVMI's price experiences larger fluctuations and is considered to be riskier than IDCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVMI | IDCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.53% | 13.08% | +12.45% |
Volatility (6M)Calculated over the trailing 6-month period | 45.01% | 35.85% | +9.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.12% | 47.56% | +9.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.47% | 35.90% | +12.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.91% | 35.60% | +8.31% |
Dividends
NVMI vs. IDCC - Dividend Comparison
NVMI has not paid dividends to shareholders, while IDCC's dividend yield for the trailing twelve months is around 1.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | 1.06% | 0.74% | 0.85% | 1.34% | 2.83% | 1.95% | 2.31% | 2.57% | 2.11% | 1.64% | 0.99% | 1.63% |
NVMI Nova Ltd | 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
NVMI vs. IDCC - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and InterDigital, 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
NVMI vs. IDCC - Profitability Comparison
NVMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Nova Ltd reported a gross profit of 135.69M and revenue of 235.31M. Therefore, the gross margin over that period was 57.7%.
IDCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, InterDigital, Inc. reported a gross profit of 0.00 and revenue of 205.42M. Therefore, the gross margin over that period was 0.0%.
NVMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Nova Ltd reported an operating income of 70.84M and revenue of 235.31M, resulting in an operating margin of 30.1%.
IDCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, InterDigital, Inc. reported an operating income of 82.26M and revenue of 205.42M, resulting in an operating margin of 40.1%.
NVMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Nova Ltd reported a net income of 69.26M and revenue of 235.31M, resulting in a net margin of 29.4%.
IDCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, InterDigital, Inc. reported a net income of 75.33M and revenue of 205.42M, resulting in a net margin of 36.7%.
Frequently Asked Questions
NVMI and IDCC have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVMI has higher volatility (25.53%) compared to IDCC (13.08%). In terms of maximum drawdown, NVMI dropped -98.22% vs IDCC's -93.83%.
NVMI currently has the higher Sharpe Ratio (1.20 vs 0.35), 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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