RIVN vs. NIO
RIVN (Rivian Automotive, Inc.) and NIO (NIO Inc.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 3 years, RIVN returned -17.70%/yr vs -30.65%/yr for NIO. Their 0.48 correlation means their historical movements had little consistent relationship.
Performance
RIVN vs. NIO - Performance Comparison
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Returns By Period
In the year-to-date period, RIVN achieves a -22.78% return, which is significantly lower than NIO's -4.31% return.
RIVN
- 1D
- -9.57%
- 1M
- -18.30%
- 6M
- 3.19%
- YTD
- -22.78%
- 1Y
- 22.94%
- 3Y*
- -17.70%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -33.81%
NIO
- 1D
- 0.83%
- 1M
- 1.88%
- 6M
- 3.83%
- YTD
- -4.31%
- 1Y
- -2.59%
- 3Y*
- -30.65%
- 5Y*
- -35.78%
- 10Y*
- —
- ALL TIME*
- -2.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NIO NIO Inc. | $108.54M | $112.03M | $170.52M |
| $445.46M | $715.96M | $567.37M |
RIVN vs. NIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RIVN Rivian Automotive, Inc. | -22.78% | 48.20% | -43.31% | 27.29% | -82.23% | -2.87% |
NIO NIO Inc. | -4.31% | 16.97% | -51.93% | -6.97% | -69.22% | -22.05% |
Correlation
The correlation between RIVN and NIO is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.48 |
Over the past year, the correlation between RIVN and NIO has dropped to 0.19 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
Fundamentals
RIVN:
$18.48B
NIO:
$12.11B
RIVN:
-$2.59
NIO:
-CN¥3.65
RIVN:
3.23
NIO:
0.81
RIVN:
3.82
NIO:
18.83
RIVN:
$5.88B
NIO:
CN¥100.51B
RIVN:
$290.00M
NIO:
CN¥15.77B
RIVN:
-$2.45B
NIO:
-CN¥7.54B
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Return for Risk
RIVN vs. NIO — Risk / Return Rank
RIVN
NIO
RIVN vs. NIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rivian Automotive, Inc. (RIVN) and NIO Inc. (NIO). 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.
| RIVN | NIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.05 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 0.00 | +0.43 |
| Martin ratioReturn relative to average drawdown | 0.79 | 0.01 | +0.78 |
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Drawdowns
RIVN vs. NIO - Drawdown Comparison
The maximum RIVN drawdown since its inception was -95.12%, roughly equal to the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for RIVN and NIO.
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Drawdown Indicators
| RIVN | NIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.12% | -95.00% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -42.54% | -43.73% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -66.75% | -78.81% | +12.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -93.11% | — |
Current DrawdownCurrent decline from peak | -91.15% | -92.23% | +1.08% |
Average DrawdownAverage peak-to-trough decline | -86.44% | -68.31% | -18.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.26% | 28.31% | -5.05% |
Volatility
RIVN vs. NIO - Volatility Comparison
Rivian Automotive, Inc. (RIVN) has a higher volatility of 29.28% compared to NIO Inc. (NIO) at 10.44%. This indicates that RIVN's price experiences larger fluctuations and is considered to be riskier than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIVN | NIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.28% | 10.44% | +18.84% |
Volatility (6M)Calculated over the trailing 6-month period | 53.37% | 39.90% | +13.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.02% | 60.88% | +10.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.79% | 71.11% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.79% | 86.06% | -8.27% |
Dividends
RIVN vs. NIO - Dividend Comparison
Neither RIVN nor NIO has paid dividends to shareholders.
Financials
RIVN vs. NIO - Financials Comparison
This section allows you to compare key financial metrics between Rivian Automotive, Inc. and NIO 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
RIVN vs. NIO - Profitability Comparison
RIVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Rivian Automotive, Inc. reported a gross profit of 179.00M and revenue of 1.66B. Therefore, the gross margin over that period was 10.8%.
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
RIVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Rivian Automotive, Inc. reported an operating income of -836.00M and revenue of 1.66B, resulting in an operating margin of -50.4%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
RIVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Rivian Automotive, Inc. reported a net income of -833.00M and revenue of 1.66B, resulting in a net margin of -50.2%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
Frequently Asked Questions
RIVN and NIO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RIVN has higher volatility (29.28%) compared to NIO (10.44%). In terms of maximum drawdown, RIVN dropped -95.12% vs NIO's -95.00%.
RIVN currently has the higher Sharpe Ratio (0.26 vs 0.00), 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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