NVMI vs. MNDY
NVMI (Nova Ltd) and MNDY (monday.com Ltd.) are both stocks. Both are in the Technology sector — NVMI in Semiconductor Equipment & Materials, MNDY in Software - Application. Over the past 3 years, NVMI returned 63.36%/yr vs -21.74%/yr for MNDY. At a 0.32 correlation, their price movements are largely independent.
Performance
NVMI vs. MNDY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NVMI achieves a 54.68% return, which is significantly higher than MNDY's -43.24% 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%
MNDY
- 1D
- -2.31%
- 1M
- 16.22%
- YTD
- -43.24%
- 6M
- -48.29%
- 1Y
- -72.56%
- 3Y*
- -21.74%
- 5Y*
- —
- 10Y*
- —
NVMI vs. MNDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NVMI Nova Ltd | 54.68% | 66.74% | 43.35% | 68.21% | -44.25% | 44.75% |
MNDY monday.com Ltd. | -43.24% | -37.33% | 25.36% | 53.94% | -60.48% | 72.59% |
Correlation
The correlation between NVMI and MNDY is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021 | 0.32 |
Over the past year, the correlation between NVMI and MNDY has dropped to 0.03 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
NVMI:
$17.49B
MNDY:
$4.09B
NVMI:
$7.94
MNDY:
$2.29
NVMI:
63.96
MNDY:
36.55
NVMI:
2.22
MNDY:
0.14
NVMI:
18.68
MNDY:
3.35
NVMI:
12.61
MNDY:
5.39
NVMI:
$902.53M
MNDY:
$1.30B
NVMI:
$518.59M
MNDY:
$1.16B
NVMI:
$293.89M
MNDY:
$62.24M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NVMI vs. MNDY — Risk / Return Rank
NVMI
MNDY
NVMI vs. MNDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and monday.com Ltd. (MNDY). 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 | MNDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.67 | ||
| Sortino ratioReturn per unit of downside risk | +4.73 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.74 | +0.62 |
| Calmar ratioReturn relative to maximum drawdown | 6.26 | -0.89 | +7.15 |
| Martin ratioReturn relative to average drawdown | 16.77 | -1.30 | +18.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NVMI | MNDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.55 | -1.11 | +3.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | -0.20 | +0.40 |
Drawdowns
NVMI vs. MNDY - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, which is greater than MNDY's maximum drawdown of -86.78%. Use the drawdown chart below to compare losses from any high point for NVMI and MNDY.
Loading charts...
Drawdown Indicators
| NVMI | MNDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -86.78% | -11.44% |
Max Drawdown (1Y)Largest decline over 1 year | -21.56% | -81.30% | +59.74% |
Max Drawdown (3Y)Largest decline over 3 years | -40.79% | -82.07% | +41.28% |
Max Drawdown (5Y)Largest decline over 5 years | -52.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -52.76% | — | — |
Current DrawdownCurrent decline from peak | -8.66% | -81.16% | +72.50% |
Average DrawdownAverage peak-to-trough decline | -51.79% | -54.25% | +2.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.03% | 55.62% | -47.59% |
Volatility
NVMI vs. MNDY - Volatility Comparison
Nova Ltd (NVMI) and monday.com Ltd. (MNDY) have volatilities of 23.58% and 24.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NVMI | MNDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.58% | 24.66% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 40.72% | 49.21% | -8.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.91% | 65.57% | -12.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.27% | 71.95% | -24.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.30% | 71.95% | -28.65% |
Dividends
NVMI vs. MNDY - Dividend Comparison
Neither NVMI nor MNDY has paid dividends to shareholders.
Financials
NVMI vs. MNDY - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and monday.com Ltd.. 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. MNDY - 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%.
MNDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported a gross profit of 313.14M and revenue of 351.27M. Therefore, the gross margin over that period was 89.2%.
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%.
MNDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported an operating income of 19.75M and revenue of 351.27M, resulting in an operating margin of 5.6%.
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%.
MNDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported a net income of 28.03M and revenue of 351.27M, resulting in a net margin of 8.0%.
Frequently Asked Questions
NVMI and MNDY have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNDY has higher volatility (24.66%) compared to NVMI (23.58%). In terms of maximum drawdown, NVMI dropped -98.22% vs MNDY's -86.78%.
NVMI currently has the higher Sharpe Ratio (2.55 vs -1.11), 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.
Find the right allocation for NVMI and MNDY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer