ONON vs. NKE
Compare and contrast key facts about On Holding AG (ONON) and NIKE, Inc. (NKE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONON or NKE.
Correlation
The correlation between ONON and NKE is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ONON vs. NKE - Performance Comparison
Key characteristics
ONON:
0.20
NKE:
-1.03
ONON:
0.65
NKE:
-1.30
ONON:
1.08
NKE:
0.79
ONON:
0.24
NKE:
-0.56
ONON:
0.86
NKE:
-2.03
ONON:
11.34%
NKE:
18.58%
ONON:
47.84%
NKE:
36.56%
ONON:
-68.90%
NKE:
-67.17%
ONON:
-40.82%
NKE:
-67.17%
Fundamentals
ONON:
$12.19B
NKE:
$82.21B
ONON:
$0.84
NKE:
$3.01
ONON:
44.82
NKE:
18.47
ONON:
$1.81B
NKE:
$47.82B
ONON:
$1.10B
NKE:
$20.96B
ONON:
$255.60M
NKE:
$4.77B
Returns By Period
In the year-to-date period, ONON achieves a -31.26% return, which is significantly lower than NKE's -26.18% return.
ONON
-31.26%
-25.64%
-24.20%
13.47%
N/A
N/A
NKE
-26.18%
-28.12%
-31.61%
-37.31%
-5.65%
2.29%
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Risk-Adjusted Performance
ONON vs. NKE — Risk-Adjusted Performance Rank
ONON
NKE
ONON vs. NKE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for On Holding AG (ONON) and NIKE, Inc. (NKE). 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.
Dividends
ONON vs. NKE - Dividend Comparison
ONON has not paid dividends to shareholders, while NKE's dividend yield for the trailing twelve months is around 2.77%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ONON On Holding AG | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NKE NIKE, Inc. | 2.77% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% | 1.04% |
Drawdowns
ONON vs. NKE - Drawdown Comparison
The maximum ONON drawdown since its inception was -68.90%, roughly equal to the maximum NKE drawdown of -67.17%. Use the drawdown chart below to compare losses from any high point for ONON and NKE. For additional features, visit the drawdowns tool.
Volatility
ONON vs. NKE - Volatility Comparison
On Holding AG (ONON) has a higher volatility of 22.97% compared to NIKE, Inc. (NKE) at 17.05%. This indicates that ONON's price experiences larger fluctuations and is considered to be riskier than NKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ONON vs. NKE - Financials Comparison
This section allows you to compare key financial metrics between On Holding AG and NIKE, Inc.. 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