NVMI vs. ONTO
Compare and contrast key facts about Nova Ltd (NVMI) and Onto Innovation Inc. (ONTO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVMI or ONTO.
Key characteristics
| NVMI | ONTO | |
|---|---|---|
| YTD Return | 47.14% | 52.80% |
| 1Y Return | 110.57% | 144.13% |
| 3Y Return (Ann) | 31.59% | 57.45% |
| 5Y Return (Ann) | 50.34% | 49.58% |
| 10Y Return (Ann) | 34.52% | 30.83% |
| Sharpe Ratio | 3.21 | 3.29 |
| Daily Std Dev | 34.27% | 45.55% |
| Max Drawdown | -98.22% | -98.56% |
| Current Drawdown | 0.00% | 0.00% |
Fundamentals
| NVMI | ONTO | |
|---|---|---|
| Market Cap | $5.62B | $11.06B |
| EPS | $4.27 | $2.47 |
| PE Ratio | 45.32 | 90.83 |
| Revenue (TTM) | $517.92M | $845.55M |
| Gross Profit (TTM) | $316.97M | $539.22M |
| EBITDA (TTM) | $148.46M | $193.49M |
Correlation
The correlation between NVMI and ONTO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NVMI vs. ONTO - Performance Comparison
In the year-to-date period, NVMI achieves a 47.14% return, which is significantly lower than ONTO's 52.80% return. Over the past 10 years, NVMI has outperformed ONTO with an annualized return of 34.52%, while ONTO has yielded a comparatively lower 30.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NVMI vs. ONTO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Onto Innovation Inc. (ONTO). 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.
Dividends
NVMI vs. ONTO - Dividend Comparison
Neither NVMI nor ONTO has paid dividends to shareholders.
Drawdowns
NVMI vs. ONTO - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, roughly equal to the maximum ONTO drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for NVMI and ONTO. For additional features, visit the drawdowns tool.
Volatility
NVMI vs. ONTO - Volatility Comparison
The current volatility for Nova Ltd (NVMI) is 12.76%, while Onto Innovation Inc. (ONTO) has a volatility of 14.39%. This indicates that NVMI experiences smaller price fluctuations and is considered to be less risky than ONTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVMI vs. ONTO - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and Onto Innovation 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