NVMI vs. XLK

In the year-to-date period, NVMI achieves a -4.11% return, which is significantly lower than XLK's 0.67% return. Over the past 10 years, NVMI has outperformed XLK with an annualized return of 31.57%, while XLK has yielded a comparatively lower 19.73% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and Technology Select Sector SPDR Fund (XLK). 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.

The current NVMI Sharpe Ratio is -0.12, which is lower than the XLK Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of NVMI and XLK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NVMI has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.67%.

The maximum NVMI drawdown since its inception was -98.22%, which is greater than XLK's maximum drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for NVMI and XLK. For additional features, visit the drawdowns tool.

Nova Ltd (NVMI) has a higher volatility of 15.59% compared to Technology Select Sector SPDR Fund (XLK) at 6.55%. This indicates that NVMI's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.