PRPL vs. NVDA
PRPL (Purple Innovation, Inc.) and NVDA (NVIDIA Corporation) are both stocks. PRPL operates in Furnishings, Fixtures & Appliances (Consumer Cyclical), while NVDA operates in Semiconductors (Technology). Over the past 5 years, PRPL returned -56.97%/yr vs 59.90%/yr for NVDA. At a 0.22 correlation, their price movements are largely independent.
Performance
PRPL vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, PRPL achieves a -39.16% return, which is significantly lower than NVDA's 7.39% return.
PRPL
- 1D
- 2.44%
- 1M
- 4.53%
- YTD
- -39.16%
- 6M
- -40.07%
- 1Y
- -44.72%
- 3Y*
- -45.46%
- 5Y*
- -56.97%
- 10Y*
- —
NVDA
- 1D
- -4.13%
- 1M
- -6.99%
- YTD
- 7.39%
- 6M
- 5.85%
- 1Y
- 38.94%
- 3Y*
- 68.08%
- 5Y*
- 59.90%
- 10Y*
- 67.94%
PRPL vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PRPL Purple Innovation, Inc. | -39.16% | -11.47% | -24.27% | -78.49% | -63.90% | -59.71% | 278.19% | 47.88% | -39.28% |
NVDA NVIDIA Corporation | 7.39% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -42.67% |
Correlation
The correlation between PRPL and NVDA is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2018 | 0.22 |
The correlation between PRPL and NVDA shifts across timeframes, from 0.07 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PRPL:
$45.47M
NVDA:
$4.88T
PRPL:
-$0.47
NVDA:
$6.53
PRPL:
0.10
NVDA:
19.30
PRPL:
$468.73M
NVDA:
$253.49B
PRPL:
$188.56M
NVDA:
$187.95B
PRPL:
-$5.01M
NVDA:
$192.76B
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Return for Risk
PRPL vs. NVDA — Risk / Return Rank
PRPL
NVDA
PRPL vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Purple Innovation, Inc. (PRPL) 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.
| PRPL | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.20 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | 1.94 | -2.59 |
| Martin ratioReturn relative to average drawdown | -1.09 | 4.51 | -5.60 |
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Drawdowns
PRPL vs. NVDA - Drawdown Comparison
The maximum PRPL drawdown since its inception was -99.02%, which is greater than NVDA's maximum drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for PRPL and NVDA.
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Drawdown Indicators
| PRPL | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.02% | -89.72% | -9.30% |
Max Drawdown (1Y)Largest decline over 1 year | -68.71% | -20.21% | -48.50% |
Max Drawdown (3Y)Largest decline over 3 years | -88.15% | -36.88% | -51.27% |
Max Drawdown (5Y)Largest decline over 5 years | -98.60% | -66.34% | -32.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -98.95% | -15.04% | -83.91% |
Average DrawdownAverage peak-to-trough decline | -66.50% | -36.16% | -30.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.06% | 8.66% | +32.40% |
Volatility
PRPL vs. NVDA - Volatility Comparison
Purple Innovation, Inc. (PRPL) has a higher volatility of 15.93% compared to NVIDIA Corporation (NVDA) at 13.29%. This indicates that PRPL's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRPL | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.93% | 13.29% | +2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 46.87% | 26.92% | +19.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.39% | 35.50% | +39.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.99% | 51.84% | +41.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.19% | 49.87% | +37.32% |
Dividends
PRPL vs. NVDA - Dividend Comparison
PRPL has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
PRPL Purple Innovation, Inc. | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PRPL vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Purple Innovation, Inc. 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
PRPL vs. NVDA - Profitability Comparison
PRPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Purple Innovation, Inc. reported a gross profit of 58.98M and revenue of 140.69M. Therefore, the gross margin over that period was 41.9%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
PRPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Purple Innovation, Inc. reported an operating income of -2.19M and revenue of 140.69M, resulting in an operating margin of -1.6%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
PRPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Purple Innovation, Inc. reported a net income of -3.21M and revenue of 140.69M, resulting in a net margin of -2.3%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
PRPL and NVDA have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRPL has higher volatility (15.93%) compared to NVDA (13.29%). In terms of maximum drawdown, PRPL dropped -99.02% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.10 vs -0.60), 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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