NVNO vs. DJT

Last updated Jun 3, 2026

NVNO (enVVeno Medical Corporation) and DJT (Trump Media & Technology Group Corp.) are both stocks. NVNO operates in Medical Devices (Healthcare), while DJT operates in Internet Content & Information (Communication Services). Over the past 3 years, NVNO returned -54.02%/yr vs -11.25%/yr for DJT. At a 0.12 correlation, their price movements are largely independent.

Performance

NVNO vs. DJT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in enVVeno Medical Corporation (NVNO) and Trump Media & Technology Group Corp. (DJT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVNO achieves a -4.26% return, which is significantly higher than DJT's -31.72% return.

NVNO

• 1D: 0.72%
• 1M: 2.38%
• YTD: -4.26%
• 6M: -15.53%
• 1Y: -91.25%
• 3Y*: -54.02%
• 5Y*: -44.98%
• 10Y*: —

DJT

• 1D: -4.54%
• 1M: -3.73%
• YTD: -31.72%
• 6M: -19.21%
• 1Y: -57.74%
• 3Y*: -11.25%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NVNO vs. DJT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NVNO enVVeno Medical Corporation	-4.26%	-89.38%	-41.25%	0.78%	-22.61%	-36.51%
DJT Trump Media & Technology Group Corp.	-31.72%	-61.17%	94.86%	16.67%	-70.83%	416.88%

Correlation

The correlation between NVNO and DJT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.12

Fundamentals

Market Cap NVNO : $7.03M DJT : $2.50B
EPS NVNO : -$58.99 DJT : -$4.05
PB Ratio NVNO : 0.30 DJT : 2.00
Total Revenue (TTM) NVNO : $0.00 DJT : $3.73M
Gross Profit (TTM) NVNO : -$491.00K DJT : -$1.01M
EBITDA (TTM) NVNO : -$18.82M DJT : -$1.06B

Return for Risk

NVNO vs. DJT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVNO

NVNO Risk / Return Rank: 8
NVNO Sharpe Ratio Rank: 10
NVNO Sortino Ratio Rank: 6
NVNO Omega Ratio Rank: 4
NVNO Calmar Ratio Rank: 3
NVNO Martin Ratio Rank: 16

DJT

DJT Risk / Return Rank: 6
DJT Sharpe Ratio Rank: 7
DJT Sortino Ratio Rank: 4
DJT Omega Ratio Rank: 7
DJT Calmar Ratio Rank: 5
DJT Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVNO vs. DJT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for enVVeno Medical Corporation (NVNO) and Trump Media & Technology Group Corp. (DJT). 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.

	NVNO	DJT	Difference
Sharpe ratio Return per unit of total volatility	-0.76	-0.87	+0.11
Sortino ratio Return per unit of downside risk	-1.39	-1.62	+0.23
Omega ratio Gain probability vs. loss probability	0.77	0.82	-0.05
Calmar ratio Return relative to maximum drawdown	-0.96	-0.91	-0.06
Martin ratio Return relative to average drawdown	-1.14	-1.42	+0.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVNO vs. DJT - Sharpe Ratio Comparison

The current NVNO Sharpe Ratio is -0.76, which is comparable to the DJT Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of NVNO and DJT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NVNO	DJT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.76	-0.87	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	-0.01	-0.56

Drawdowns

NVNO vs. DJT - Drawdown Comparison

The maximum NVNO drawdown since its inception was -99.81%, which is greater than DJT's maximum drawdown of -91.85%. Use the drawdown chart below to compare losses from any high point for NVNO and DJT.

Drawdown Indicators

	NVNO	DJT	Difference
Max Drawdown Largest peak-to-trough decline	-99.81%	-91.85%	-7.96%
Max Drawdown (1Y) Largest decline over 1 year	-95.28%	-63.67%	-31.61%
Max Drawdown (3Y) Largest decline over 3 years	-96.27%	-87.99%	-8.28%
Max Drawdown (5Y) Largest decline over 5 years	-97.66%	—	—
Current Drawdown Current decline from peak	-99.77%	-90.73%	-9.04%
Average Drawdown Average peak-to-trough decline	-89.96%	-71.08%	-18.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	80.60%	40.54%	+40.06%

Volatility

NVNO vs. DJT - Volatility Comparison

enVVeno Medical Corporation (NVNO) has a higher volatility of 17.17% compared to Trump Media & Technology Group Corp. (DJT) at 12.49%. This indicates that NVNO's price experiences larger fluctuations and is considered to be riskier than DJT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVNO	DJT	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.17%	12.49%	+4.68%
Volatility (6M) Calculated over the trailing 6-month period	63.17%	54.50%	+8.67%
Volatility (1Y) Calculated over the trailing 1-year period	119.70%	66.34%	+53.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.37%	204.79%	-123.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.74%	204.79%	-111.05%

Dividends

NVNO vs. DJT - Dividend Comparison

Neither NVNO nor DJT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NVNO and DJT in my portfolio?

NVNO and DJT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVNO or DJT?

NVNO has higher volatility (17.17%) compared to DJT (12.49%). In terms of maximum drawdown, NVNO dropped -99.81% vs DJT's -91.85%.

Which has better risk-adjusted returns?

NVNO currently has the higher Sharpe Ratio (-0.76 vs -0.87), 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.