NXT vs. TMC

Last updated Apr 1, 2026

Compare and contrast key facts about Nextracker Inc (NXT) and TMC the metals company Inc. (TMC).

Performance

NXT vs. TMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nextracker Inc (NXT) and TMC the metals company Inc. (TMC). The values are adjusted to include any dividend payments, if applicable.

NXT vs. TMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NXT Nextracker Inc	38.39%	138.46%	-22.03%	53.81%
TMC TMC the metals company Inc.	-24.31%	450.89%	1.82%	-8.33%

Fundamentals

Market Cap NXT : $18.56B TMC : $1.80B
EPS NXT : $3.89 TMC : -$0.83
Total Revenue (TTM) NXT : $3.60B TMC : $0.00
Gross Profit (TTM) NXT : $1.17B TMC : -$57.00K
EBITDA (TTM) NXT : $760.61M TMC : -$293.79M

Returns By Period

In the year-to-date period, NXT achieves a 38.39% return, which is significantly higher than TMC's -24.31% return.

NXT

• 1D: 7.15%
• 1M: 14.70%
• YTD: 38.39%
• 6M: 62.93%
• 1Y: 186.07%
• 3Y*: 49.25%
• 5Y*: —
• 10Y*: —

TMC

• 1D: 13.90%
• 1M: -25.52%
• YTD: -24.31%
• 6M: -26.69%
• 1Y: 171.51%
• 3Y*: 77.94%
• 5Y*: —
• 10Y*: —

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

Return for Risk

NXT vs. TMC — Risk / Return Rank

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

NXT

NXT Risk / Return Rank: 95
NXT Sharpe Ratio Rank: 97
NXT Sortino Ratio Rank: 95
NXT Omega Ratio Rank: 91
NXT Calmar Ratio Rank: 97
NXT Martin Ratio Rank: 96

TMC

TMC Risk / Return Rank: 83
TMC Sharpe Ratio Rank: 82
TMC Sortino Ratio Rank: 88
TMC Omega Ratio Rank: 81
TMC Calmar Ratio Rank: 85
TMC Martin Ratio Rank: 79

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.

NXT vs. TMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nextracker Inc (NXT) and TMC the metals company Inc. (TMC). 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	TMC	Difference
Sharpe ratio Return per unit of total volatility	3.10	1.36	+1.73
Sortino ratio Return per unit of downside risk	3.41	2.59	+0.83
Omega ratio Gain probability vs. loss probability	1.41	1.29	+0.12
Calmar ratio Return relative to maximum drawdown	7.71	2.78	+4.93
Martin ratio Return relative to average drawdown	17.09	5.57	+11.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NXT vs. TMC - Sharpe Ratio Comparison

The current NXT Sharpe Ratio is 3.10, which is higher than the TMC Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of NXT and TMC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NXT	TMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.10	1.36	+1.73
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	-0.13	+1.06

Correlation

The correlation between NXT and TMC is 0.15, 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.

Dividends

NXT vs. TMC - Dividend Comparison

Neither NXT nor TMC has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NXT vs. TMC - Drawdown Comparison

The maximum NXT drawdown since its inception was -48.61%, smaller than the maximum TMC drawdown of -95.58%. Use the drawdown chart below to compare losses from any high point for NXT and TMC.

Drawdown Indicators

	NXT	TMC	Difference
Max Drawdown Largest peak-to-trough decline	-48.61%	-95.58%	+46.97%
Max Drawdown (1Y) Largest decline over 1 year	-23.27%	-61.65%	+38.38%
Current Drawdown Current decline from peak	-7.57%	-62.49%	+54.92%
Average Drawdown Average peak-to-trough decline	-15.68%	-80.48%	+64.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.50%	30.77%	-20.27%

Volatility

NXT vs. TMC - Volatility Comparison

The current volatility for Nextracker Inc (NXT) is 20.01%, while TMC the metals company Inc. (TMC) has a volatility of 23.95%. This indicates that NXT experiences smaller price fluctuations and is considered to be less risky than TMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXT	TMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.01%	23.95%	-3.94%
Volatility (6M) Calculated over the trailing 6-month period	45.14%	76.46%	-31.32%
Volatility (1Y) Calculated over the trailing 1-year period	60.57%	126.69%	-66.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.29%	114.15%	-54.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.29%	114.15%	-54.86%

Financials