RNECY vs. NVTS
RNECY (Renesas Electronics Corp ADR) and NVTS (Navitas Semiconductor Corporation) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, RNECY returned 24.35%/yr vs 18.98%/yr for NVTS. At a 0.36 correlation, their price movements are largely independent.
Performance
RNECY vs. NVTS - Performance Comparison
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Returns By Period
In the year-to-date period, RNECY achieves a 131.76% return, which is significantly lower than NVTS's 231.93% return.
RNECY
- 1D
- 8.69%
- 1M
- 23.70%
- YTD
- 131.76%
- 6M
- 131.76%
- 1Y
- 140.61%
- 3Y*
- 22.69%
- 5Y*
- 24.35%
- 10Y*
- 18.02%
NVTS
- 1D
- -1.33%
- 1M
- -18.97%
- YTD
- 231.93%
- 6M
- 200.00%
- 1Y
- 238.09%
- 3Y*
- 39.29%
- 5Y*
- 18.98%
- 10Y*
- —
RNECY vs. NVTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RNECY Renesas Electronics Corp ADR | 131.76% | 7.51% | -28.20% | 103.64% | -29.19% | -5.27% |
NVTS Navitas Semiconductor Corporation | 231.93% | 100.00% | -55.76% | 129.91% | -79.37% | 53.24% |
Correlation
The correlation between RNECY and NVTS is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2021 | 0.36 |
Fundamentals
RNECY:
-¥2.98
NVTS:
-$0.84
RNECY:
6.36
NVTS:
92.76
RNECY:
¥1.46T
NVTS:
$40.50M
RNECY:
¥692.31B
NVTS:
$7.44M
RNECY:
¥475.96B
NVTS:
-$83.31M
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Return for Risk
RNECY vs. NVTS — Risk / Return Rank
RNECY
NVTS
RNECY vs. NVTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renesas Electronics Corp ADR (RNECY) and Navitas Semiconductor Corporation (NVTS). 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.
| RNECY | NVTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.32 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 4.12 | +0.40 |
| Martin ratioReturn relative to average drawdown | 12.69 | 6.74 | +5.95 |
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Drawdowns
RNECY vs. NVTS - Drawdown Comparison
The maximum RNECY drawdown since its inception was -92.23%, roughly equal to the maximum NVTS drawdown of -92.04%. Use the drawdown chart below to compare losses from any high point for RNECY and NVTS.
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Drawdown Indicators
| RNECY | NVTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.23% | -92.04% | -0.19% |
Max Drawdown (1Y)Largest decline over 1 year | -31.29% | -58.25% | +26.96% |
Max Drawdown (3Y)Largest decline over 3 years | -52.49% | -85.18% | +32.69% |
Max Drawdown (5Y)Largest decline over 5 years | -52.49% | -92.04% | +39.55% |
Max Drawdown (10Y)Largest decline over 10 years | -77.20% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -25.45% | +25.45% |
Average DrawdownAverage peak-to-trough decline | -67.15% | -57.99% | -9.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.12% | 35.48% | -24.36% |
Volatility
RNECY vs. NVTS - Volatility Comparison
The current volatility for Renesas Electronics Corp ADR (RNECY) is 26.48%, while Navitas Semiconductor Corporation (NVTS) has a volatility of 42.56%. This indicates that RNECY experiences smaller price fluctuations and is considered to be less risky than NVTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNECY | NVTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.48% | 42.56% | -16.08% |
Volatility (6M)Calculated over the trailing 6-month period | 48.12% | 92.86% | -44.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.86% | 125.68% | -66.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.98% | 122.01% | -74.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.54% | 117.40% | -67.86% |
Dividends
RNECY vs. NVTS - Dividend Comparison
Neither RNECY nor NVTS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NVTS Navitas Semiconductor Corporation | 0.00% | 0.00% | 0.00% |
RNECY Renesas Electronics Corp ADR | 0.00% | 0.00% | 1.48% |
Financials
RNECY vs. NVTS - Financials Comparison
This section allows you to compare key financial metrics between Renesas Electronics Corp ADR and Navitas Semiconductor 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
Frequently Asked Questions
RNECY and NVTS have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVTS has higher volatility (42.56%) compared to RNECY (26.48%). In terms of maximum drawdown, RNECY dropped -92.23% vs NVTS's -92.04%.
RNECY currently has the higher Sharpe Ratio (2.41 vs 1.91), 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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