NVMI vs. WIX
NVMI (Nova Ltd) and WIX (Wix.com Ltd.) are both stocks. Both are in the Technology sector — NVMI in Semiconductor Equipment & Materials, WIX in Software - Infrastructure. Over the past 10 years, NVMI returned 46.09%/yr vs 5.25%/yr for WIX. At a 0.33 correlation, their price movements are largely independent.
Performance
NVMI vs. WIX - 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 WIX's -53.60% return. Over the past 10 years, NVMI has outperformed WIX with an annualized return of 46.09%, while WIX has yielded a comparatively lower 5.25% 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%
WIX
- 1D
- -7.98%
- 1M
- -39.83%
- YTD
- -53.60%
- 6M
- -52.03%
- 1Y
- -68.35%
- 3Y*
- -13.24%
- 5Y*
- -28.94%
- 10Y*
- 5.25%
NVMI vs. WIX - 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% |
WIX Wix.com Ltd. | -53.60% | -51.58% | 74.40% | 60.12% | -51.31% | -36.87% | 104.25% | 35.47% | 56.98% | 29.18% |
Correlation
The correlation between NVMI and WIX is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2013 | 0.33 |
Over the past year, the correlation between NVMI and WIX has dropped to 0.00 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
NVMI:
$17.49B
WIX:
$2.72B
NVMI:
$7.94
WIX:
-$0.72
NVMI:
18.68
WIX:
1.33
NVMI:
$902.53M
WIX:
$2.06B
NVMI:
$518.59M
WIX:
$1.39B
NVMI:
$293.89M
WIX:
-$73.48M
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Return for Risk
NVMI vs. WIX — Risk / Return Rank
NVMI
WIX
NVMI vs. WIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Wix.com Ltd. (WIX). 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 | WIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.59 | ||
| Sortino ratioReturn per unit of downside risk | +4.53 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.77 | +0.59 |
| Calmar ratioReturn relative to maximum drawdown | 6.26 | -0.93 | +7.18 |
| Martin ratioReturn relative to average drawdown | 16.77 | -1.58 | +18.35 |
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 | WIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.55 | -1.04 | +3.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | -0.50 | +1.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.07 | 0.10 | +0.97 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.17 | +0.04 |
Drawdowns
NVMI vs. WIX - Drawdown Comparison
The maximum NVMI drawdown since its inception was -98.22%, which is greater than WIX's maximum drawdown of -86.35%. Use the drawdown chart below to compare losses from any high point for NVMI and WIX.
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Drawdown Indicators
| NVMI | WIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -86.35% | -11.87% |
Max Drawdown (1Y)Largest decline over 1 year | -21.56% | -73.83% | +52.27% |
Max Drawdown (3Y)Largest decline over 3 years | -40.79% | -80.46% | +39.67% |
Max Drawdown (5Y)Largest decline over 5 years | -52.76% | -84.19% | +31.43% |
Max Drawdown (10Y)Largest decline over 10 years | -52.76% | -86.35% | +33.59% |
Current DrawdownCurrent decline from peak | -8.66% | -86.35% | +77.69% |
Average DrawdownAverage peak-to-trough decline | -51.79% | -35.91% | -15.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.03% | 43.15% | -35.12% |
Volatility
NVMI vs. WIX - Volatility Comparison
The current volatility for Nova Ltd (NVMI) is 23.58%, while Wix.com Ltd. (WIX) has a volatility of 37.54%. This indicates that NVMI experiences smaller price fluctuations and is considered to be less risky than WIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVMI | WIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.58% | 37.54% | -13.96% |
Volatility (6M)Calculated over the trailing 6-month period | 40.72% | 55.51% | -14.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.91% | 66.24% | -13.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.27% | 58.57% | -11.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.30% | 54.90% | -11.60% |
Dividends
NVMI vs. WIX - Dividend Comparison
Neither NVMI nor WIX has paid dividends to shareholders.
Financials
NVMI vs. WIX - Financials Comparison
This section allows you to compare key financial metrics between Nova Ltd and Wix.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. WIX - 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%.
WIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wix.com Ltd. reported a gross profit of 353.37M and revenue of 541.17M. Therefore, the gross margin over that period was 65.3%.
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%.
WIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wix.com Ltd. reported an operating income of -69.72M and revenue of 541.17M, resulting in an operating margin of -12.9%.
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%.
WIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wix.com Ltd. reported a net income of -57.47M and revenue of 541.17M, resulting in a net margin of -10.6%.
Frequently Asked Questions
NVMI and WIX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WIX has higher volatility (37.54%) compared to NVMI (23.58%). In terms of maximum drawdown, NVMI dropped -98.22% vs WIX's -86.35%.
NVMI currently has the higher Sharpe Ratio (2.55 vs -1.04), 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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