PIPR vs. NVDA
PIPR (Piper Sandler Companies) and NVDA (NVIDIA Corporation) are both stocks. PIPR operates in Capital Markets (Financial Services), while NVDA operates in Semiconductors (Technology). Over the past 10 years, PIPR returned 24.78%/yr vs 66.42%/yr for NVDA. At a 0.38 correlation, their price movements are largely independent.
Performance
PIPR vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, PIPR achieves a -13.26% return, which is significantly lower than NVDA's 13.25% return. Over the past 10 years, PIPR has underperformed NVDA with an annualized return of 24.78%, while NVDA has yielded a comparatively higher 66.42% annualized return.
PIPR
- 1D
- -1.82%
- 1M
- -7.47%
- 6M
- -18.42%
- YTD
- -13.26%
- 1Y
- -2.12%
- 3Y*
- 31.32%
- 5Y*
- 21.93%
- 10Y*
- 24.78%
NVDA
- 1D
- 4.03%
- 1M
- 2.97%
- 6M
- 14.26%
- YTD
- 13.25%
- 1Y
- 28.09%
- 3Y*
- 70.82%
- 5Y*
- 60.22%
- 10Y*
- 66.42%
PIPR vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIPR Piper Sandler Companies | -13.26% | 15.52% | 74.24% | 37.78% | -23.41% | 85.33% | 29.64% | 23.88% | -20.69% | 21.22% |
NVDA NVIDIA Corporation | 13.25% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between PIPR and NVDA is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2004 | 0.38 |
The correlation between PIPR and NVDA shifts across timeframes, from 0.24 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PIPR:
$4.87B
NVDA:
$5.11T
PIPR:
$3.95
NVDA:
$6.53
PIPR:
18.24
NVDA:
32.33
PIPR:
1.21
NVDA:
0.18
PIPR:
2.57
NVDA:
20.36
PIPR:
3.83
NVDA:
26.32
PIPR:
$2.00B
NVDA:
$253.49B
PIPR:
$1.95B
NVDA:
$187.95B
PIPR:
$455.82M
NVDA:
$192.76B
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Return for Risk
PIPR vs. NVDA — Risk / Return Rank
PIPR
NVDA
PIPR vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Piper Sandler Companies (PIPR) and NVIDIA Corporation (NVDA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PIPR | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.16 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 1.43 | -1.52 |
| Martin ratioReturn relative to average drawdown | -0.19 | 3.09 | -3.29 |
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Drawdowns
PIPR vs. NVDA - Drawdown Comparison
The maximum PIPR drawdown since its inception was -76.97%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for PIPR and NVDA.
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Drawdown Indicators
| PIPR | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.97% | -89.72% | +12.75% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -20.21% | -4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -38.78% | -36.88% | -1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -42.30% | -66.34% | +24.04% |
Max Drawdown (10Y)Largest decline over 10 years | -63.02% | -66.34% | +3.32% |
Current DrawdownCurrent decline from peak | -22.06% | -10.41% | -11.65% |
Average DrawdownAverage peak-to-trough decline | -30.56% | -36.12% | +5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.45% | 9.32% | +2.13% |
Volatility
PIPR vs. NVDA - Volatility Comparison
Piper Sandler Companies (PIPR) and NVIDIA Corporation (NVDA) have volatilities of 11.17% and 10.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIPR | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.17% | 10.90% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 27.76% | 27.21% | +0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.06% | 35.49% | -0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.41% | 51.83% | -16.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.54% | 49.87% | -13.33% |
Dividends
PIPR vs. NVDA - Dividend Comparison
PIPR's dividend yield for the trailing twelve months is around 2.74%, more than NVDA's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.13% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
PIPR Piper Sandler Companies | 2.74% | 1.68% | 1.17% | 2.09% | 5.30% | 3.81% | 1.98% | 1.88% | 4.74% | 1.45% | 0.00% | 0.00% |
Financials
PIPR vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Piper Sandler Companies and NVIDIA Corporation. 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
PIPR vs. NVDA - Profitability Comparison
PIPR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported a gross profit of 456.39M and revenue of 475.15M. Therefore, the gross margin over that period was 96.1%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
PIPR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported an operating income of 88.67M and revenue of 475.15M, resulting in an operating margin of 18.7%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
PIPR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported a net income of 65.24M and revenue of 475.15M, resulting in a net margin of 13.7%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
PIPR and NVDA have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIPR has higher volatility (11.17%) compared to NVDA (10.90%). In terms of maximum drawdown, PIPR dropped -76.97% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (0.81 vs -0.06), 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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