NVMI vs. MSTR
NVMI (Nova Ltd) and MSTR (Strategy Inc) are both stocks. Both are in the Technology sector — NVMI in Semiconductor Equipment & Materials, MSTR in Software - Application. Over the past 10 years, NVMI returned 46.26%/yr vs 20.96%/yr for MSTR. At a 0.25 correlation, their price movements are largely independent.
Performance
NVMI vs. MSTR - Performance Comparison
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Returns By Period
In the year-to-date period, NVMI achieves a 61.41% return, which is significantly higher than MSTR's -16.72% return. Over the past 10 years, NVMI has outperformed MSTR with an annualized return of 46.26%, while MSTR has yielded a comparatively lower 20.96% annualized return.
NVMI
- 1D
- 1.32%
- 1M
- 7.67%
- YTD
- 61.41%
- 6M
- 64.32%
- 1Y
- 152.74%
- 3Y*
- 67.94%
- 5Y*
- 38.84%
- 10Y*
- 46.26%
MSTR
- 1D
- -7.01%
- 1M
- -31.15%
- YTD
- -16.72%
- 6M
- -32.83%
- 1Y
- -67.34%
- 3Y*
- 61.19%
- 5Y*
- 21.16%
- 10Y*
- 20.96%
NVMI vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVMI Nova Ltd | 61.41% | 66.74% | 43.35% | 68.21% | -44.25% | 107.51% | 86.62% | 66.07% | -12.08% | 96.88% |
MSTR Strategy Inc | -16.72% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
Correlation
The correlation between NVMI and MSTR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2000 | 0.25 |
The correlation between NVMI and MSTR shifts across timeframes, from 0.25 (all time) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NVMI:
$18.25B
MSTR:
$42.26B
NVMI:
$7.94
MSTR:
-$40.19
NVMI:
19.50
MSTR:
79.33
NVMI:
13.16
MSTR:
1.15
NVMI:
$902.53M
MSTR:
$490.47M
NVMI:
$518.59M
MSTR:
$334.08M
NVMI:
$293.89M
MSTR:
$466.93M
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Return for Risk
NVMI vs. MSTR — Risk / Return Rank
NVMI
MSTR
NVMI vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Strategy Inc (MSTR). 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 | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.92 | ||
| Sortino ratioReturn per unit of downside risk | +4.80 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.81 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 7.13 | -0.88 | +8.01 |
| Martin ratioReturn relative to average drawdown | 19.29 | -1.31 | +20.60 |
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 | MSTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.95 | -0.96 | +3.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.23 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | 0.29 | +0.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.12 | +0.09 |
Drawdowns
NVMI vs. MSTR - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, roughly equal to the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for NVMI and MSTR.
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Drawdown Indicators
| NVMI | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -99.86% | +1.64% |
Max Drawdown (1Y)Largest decline over 1 year | -21.56% | -76.53% | +54.97% |
Max Drawdown (3Y)Largest decline over 3 years | -40.79% | -77.42% | +36.63% |
Max Drawdown (5Y)Largest decline over 5 years | -52.76% | -84.11% | +31.35% |
Max Drawdown (10Y)Largest decline over 10 years | -52.76% | -89.27% | +36.51% |
Current DrawdownCurrent decline from peak | -4.69% | -73.29% | +68.60% |
Average DrawdownAverage peak-to-trough decline | -51.81% | -86.48% | +34.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 51.59% | -43.64% |
Volatility
NVMI vs. MSTR - Volatility Comparison
Nova Ltd (NVMI) has a higher volatility of 22.17% compared to Strategy Inc (MSTR) at 19.43%. This indicates that NVMI's price experiences larger fluctuations and is considered to be riskier than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVMI | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.17% | 19.43% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 39.24% | 56.49% | -17.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.03% | 70.30% | -18.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.05% | 90.79% | -43.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.15% | 73.70% | -30.55% |
Dividends
NVMI vs. MSTR - Dividend Comparison
Neither NVMI nor MSTR has paid dividends to shareholders.
Financials
NVMI vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and Strategy 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
Frequently Asked Questions
NVMI and MSTR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVMI has higher volatility (22.17%) compared to MSTR (19.43%). In terms of maximum drawdown, NVMI dropped -98.22% vs MSTR's -99.86%.
NVMI currently has the higher Sharpe Ratio (2.95 vs -0.96), 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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