NVMI vs. LLY
NVMI (Nova Ltd) and LLY (Eli Lilly and Company) are both stocks. NVMI operates in Semiconductor Equipment & Materials (Technology), while LLY operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, NVMI returned 46.09%/yr vs 33.71%/yr for LLY. At a 0.12 correlation, their price movements are largely independent.
Performance
NVMI vs. LLY - Performance Comparison
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Returns By Period
In the year-to-date period, NVMI achieves a 54.68% return, which is significantly higher than LLY's 7.29% return. Over the past 10 years, NVMI has outperformed LLY with an annualized return of 46.09%, while LLY has yielded a comparatively lower 33.71% annualized return.
NVMI
- 1D
- 6.77%
- 1M
- -2.53%
- YTD
- 54.68%
- 6M
- 52.63%
- 1Y
- 134.08%
- 3Y*
- 63.36%
- 5Y*
- 38.40%
- 10Y*
- 46.09%
LLY
- 1D
- 1.57%
- 1M
- 21.37%
- YTD
- 7.29%
- 6M
- 15.58%
- 1Y
- 50.32%
- 3Y*
- 38.07%
- 5Y*
- 39.75%
- 10Y*
- 33.71%
NVMI vs. LLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVMI Nova Ltd | 54.68% | 66.74% | 43.35% | 68.21% | -44.25% | 107.51% | 86.62% | 66.07% | -12.08% | 96.88% |
LLY Eli Lilly and Company | 7.29% | 40.25% | 33.30% | 60.91% | 34.26% | 66.08% | 31.04% | 16.14% | 40.45% | 17.83% |
Correlation
The correlation between NVMI and LLY is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2000 | 0.12 |
The correlation between NVMI and LLY shifts across timeframes, from 0.01 (1 year) to 0.17 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
NVMI:
$17.49B
LLY:
$1.03T
NVMI:
$7.94
LLY:
$28.14
NVMI:
63.96
LLY:
40.83
NVMI:
2.22
LLY:
0.82
NVMI:
18.68
LLY:
14.28
NVMI:
12.61
LLY:
33.00
NVMI:
$902.53M
LLY:
$72.25B
NVMI:
$518.59M
LLY:
$59.75B
NVMI:
$293.89M
LLY:
$32.97B
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Return for Risk
NVMI vs. LLY — Risk / Return Rank
NVMI
LLY
NVMI vs. LLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Eli Lilly and Company (LLY). 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.
| NVMI | LLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 6.26 | 2.14 | +4.12 |
| Martin ratioReturn relative to average drawdown | 16.77 | 5.32 | +11.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NVMI | LLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.55 | 1.33 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 1.23 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.07 | 1.12 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.58 | -0.37 |
Drawdowns
NVMI vs. LLY - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, which is greater than LLY's maximum drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for NVMI and LLY.
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Drawdown Indicators
| NVMI | LLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -68.24% | -29.98% |
Max Drawdown (1Y)Largest decline over 1 year | -21.56% | -23.64% | +2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -40.79% | -34.48% | -6.31% |
Max Drawdown (5Y)Largest decline over 5 years | -52.76% | -34.48% | -18.28% |
Max Drawdown (10Y)Largest decline over 10 years | -52.76% | -34.48% | -18.28% |
Current DrawdownCurrent decline from peak | -8.66% | 0.00% | -8.66% |
Average DrawdownAverage peak-to-trough decline | -51.79% | -19.22% | -32.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.03% | 9.49% | -1.46% |
Volatility
NVMI vs. LLY - Volatility Comparison
Nova Ltd (NVMI) has a higher volatility of 23.58% compared to Eli Lilly and Company (LLY) at 9.55%. This indicates that NVMI's price experiences larger fluctuations and is considered to be riskier than LLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVMI | LLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.58% | 9.55% | +14.03% |
Volatility (6M)Calculated over the trailing 6-month period | 40.72% | 27.05% | +13.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.91% | 38.16% | +14.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.27% | 32.54% | +14.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.30% | 30.18% | +13.12% |
Dividends
NVMI vs. LLY - Dividend Comparison
NVMI has not paid dividends to shareholders, while LLY's dividend yield for the trailing twelve months is around 0.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 0.56% | 0.56% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% |
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. LLY - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and Eli Lilly and 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
NVMI vs. LLY - Profitability Comparison
NVMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
LLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a gross profit of 15.64B and revenue of 19.80B. Therefore, the gross margin over that period was 79.0%.
NVMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported an operating income of 70.84M and revenue of 235.31M, resulting in an operating margin of 30.1%.
LLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported an operating income of 9.19B and revenue of 19.80B, resulting in an operating margin of 46.4%.
NVMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported a net income of 69.26M and revenue of 235.31M, resulting in a net margin of 29.4%.
LLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a net income of 7.40B and revenue of 19.80B, resulting in a net margin of 37.4%.
Frequently Asked Questions
NVMI and LLY have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVMI has higher volatility (23.58%) compared to LLY (9.55%). In terms of maximum drawdown, NVMI dropped -98.22% vs LLY's -68.24%.
NVMI currently has the higher Sharpe Ratio (2.55 vs 1.33), 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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