NXT vs. ISVL
NXT (Nextracker Inc) is a stock, while ISVL (iShares International Developed Small Cap Value Factor ETF) is Small Cap Value Equities fund tracking the FTSE Developed ex US ex Korea Small Cap Focused Value Index. Over the past 3 years, NXT returned 55.99%/yr vs 21.99%/yr for ISVL. At a 0.31 correlation, their price movements are largely independent.
Performance
NXT vs. ISVL - Performance Comparison
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Returns By Period
In the year-to-date period, NXT achieves a 72.56% return, which is significantly higher than ISVL's 9.65% return.
NXT
- 1D
- 2.63%
- 1M
- 21.87%
- YTD
- 72.56%
- 6M
- 65.82%
- 1Y
- 164.09%
- 3Y*
- 55.99%
- 5Y*
- —
- 10Y*
- —
ISVL
- 1D
- 1.10%
- 1M
- 1.96%
- YTD
- 9.65%
- 6M
- 13.29%
- 1Y
- 29.05%
- 3Y*
- 21.99%
- 5Y*
- 10.31%
- 10Y*
- —
NXT vs. ISVL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NXT Nextracker Inc | 72.56% | 138.46% | -22.03% | 53.81% |
ISVL iShares International Developed Small Cap Value Factor ETF | 9.65% | 42.84% | 4.58% | 10.08% |
Correlation
The correlation between NXT and ISVL is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | 0.31 |
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Return for Risk
NXT vs. ISVL — Risk / Return Rank
NXT
ISVL
NXT vs. ISVL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nextracker Inc (NXT) and iShares International Developed Small Cap Value Factor ETF (ISVL). 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.
| NXT | ISVL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 7.10 | 2.34 | +4.76 |
| Martin ratioReturn relative to average drawdown | 15.10 | 9.17 | +5.94 |
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
| NXT | ISVL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | 2.02 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.71 | +0.32 |
Drawdowns
NXT vs. ISVL - Drawdown Comparison
The maximum NXT drawdown since its inception was -48.61%, which is greater than ISVL's maximum drawdown of -30.48%. Use the drawdown chart below to compare losses from any high point for NXT and ISVL.
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Drawdown Indicators
| NXT | ISVL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.61% | -30.48% | -18.13% |
Max Drawdown (1Y)Largest decline over 1 year | -23.27% | -12.48% | -10.79% |
Max Drawdown (3Y)Largest decline over 3 years | -48.61% | -12.93% | -35.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.48% | — |
Current DrawdownCurrent decline from peak | -3.89% | -1.08% | -2.81% |
Average DrawdownAverage peak-to-trough decline | -15.31% | -6.66% | -8.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.91% | 3.18% | +7.73% |
Volatility
NXT vs. ISVL - Volatility Comparison
Nextracker Inc (NXT) has a higher volatility of 24.12% compared to iShares International Developed Small Cap Value Factor ETF (ISVL) at 4.49%. This indicates that NXT's price experiences larger fluctuations and is considered to be riskier than ISVL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXT | ISVL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.12% | 4.49% | +19.63% |
Volatility (6M)Calculated over the trailing 6-month period | 47.08% | 12.05% | +35.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.54% | 14.45% | +49.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.27% | 16.90% | +43.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.27% | 16.78% | +43.49% |
Dividends
NXT vs. ISVL - Dividend Comparison
NXT has not paid dividends to shareholders, while ISVL's dividend yield for the trailing twelve months is around 2.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ISVL iShares International Developed Small Cap Value Factor ETF | 2.45% | 2.69% | 3.92% | 3.82% | 3.37% | 2.82% |
NXT Nextracker Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NXT and ISVL have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXT has higher volatility (24.12%) compared to ISVL (4.49%). In terms of maximum drawdown, NXT dropped -48.61% vs ISVL's -30.48%.
NXT currently has the higher Sharpe Ratio (2.60 vs 2.02), 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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