SES vs. NVDA

Last updated Jun 16, 2026

SES (SES AI Corp) and NVDA (NVIDIA Corporation) are both stocks. SES operates in Auto Parts (Consumer Cyclical), while NVDA operates in Semiconductors (Technology). Over the past 5 years, SES returned -35.44%/yr vs 64.29%/yr for NVDA. At a 0.21 correlation, their price movements are largely independent.

Performance

SES vs. NVDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SES AI Corp (SES) and NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SES achieves a -37.78% return, which is significantly lower than NVDA's 14.05% return.

SES

• 1D: 4.67%
• 1M: -0.88%
• YTD: -37.78%
• 6M: -42.56%
• 1Y: 17.06%
• 3Y*: -16.15%
• 5Y*: -35.44%
• 10Y*: —

NVDA

• 1D: 3.54%
• 1M: -5.60%
• YTD: 14.05%
• 6M: 20.66%
• 1Y: 49.84%
• 3Y*: 70.84%
• 5Y*: 64.29%
• 10Y*: 68.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SES vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SES SES AI Corp	-37.78%	-17.81%	19.67%	-41.90%	-68.34%	-5.24%
NVDA NVIDIA Corporation	14.05%	38.92%	171.25%	239.02%	-50.26%	114.64%

Correlation

The correlation between SES and NVDA is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since Mar 1, 2021	0.21

The correlation between SES and NVDA shifts across timeframes, from 0.17 (3 years) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SES : $372.78M NVDA : $5.18T
EPS SES : -$0.22 NVDA : $6.53
PS Ratio SES : 16.95 NVDA : 20.50
PB Ratio SES : 1.83 NVDA : 26.51
Total Revenue (TTM) SES : $21.92M NVDA : $253.49B
Gross Profit (TTM) SES : $7.97M NVDA : $187.95B
EBITDA (TTM) SES : -$68.11M NVDA : $192.76B

Return for Risk

SES vs. NVDA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SES

SES Risk / Return Rank: 51
SES Sharpe Ratio Rank: 48
SES Sortino Ratio Rank: 56
SES Omega Ratio Rank: 55
SES Calmar Ratio Rank: 48
SES Martin Ratio Rank: 47

NVDA

NVDA Risk / Return Rank: 78
NVDA Sharpe Ratio Rank: 81
NVDA Sortino Ratio Rank: 77
NVDA Omega Ratio Rank: 74
NVDA Calmar Ratio Rank: 80
NVDA Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SES vs. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SES AI Corp (SES) 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.

	SES	NVDA	Difference
Sharpe ratio: Return per unit of total volatility	0.16	1.43	-1.27
Sortino ratio: Return per unit of downside risk	1.03	2.00	-0.98
Omega ratio: Gain probability vs. loss probability	1.13	1.24	-0.11
Calmar ratio: Return relative to maximum drawdown	0.23	2.48	-2.25
Martin ratio: Return relative to average drawdown	0.38	5.89	-5.52

SES vs. NVDA - Sharpe Ratio Comparison

The current SES Sharpe Ratio is 0.16, which is lower than the NVDA Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of SES and NVDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SES vs. NVDA - Drawdown Comparison

The maximum SES drawdown since its inception was -97.58%, which is greater than NVDA's maximum drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for SES and NVDA.

Drawdown Indicators

	SES	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-97.58%	-89.72%	-7.86%
Max Drawdown (1Y) Largest decline over 1 year	-74.08%	-20.21%	-53.87%
Max Drawdown (3Y) Largest decline over 3 years	-91.41%	-36.88%	-54.53%
Max Drawdown (5Y) Largest decline over 5 years	-97.58%	-66.34%	-31.24%
Max Drawdown (10Y) Largest decline over 10 years	—	-66.34%	—
Current Drawdown Current decline from peak	-89.95%	-9.77%	-80.18%
Average Drawdown Average peak-to-trough decline	-65.78%	-36.17%	-29.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.46%	8.48%	+36.98%

Volatility

SES vs. NVDA - Volatility Comparison

SES AI Corp (SES) has a higher volatility of 26.84% compared to NVIDIA Corporation (NVDA) at 12.97%. This indicates that SES'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.

Volatility by Period

	SES	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.84%	12.97%	+13.87%
Volatility (6M) Calculated over the trailing 6-month period	76.60%	26.83%	+49.77%
Volatility (1Y) Calculated over the trailing 1-year period	107.12%	35.13%	+71.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	114.59%	51.80%	+62.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	111.39%	49.87%	+61.52%

Dividends

SES vs. NVDA - Dividend Comparison

SES has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.13%.

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%
SES SES AI Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SES and NVDA in my portfolio?

SES and NVDA have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SES or NVDA?

SES has higher volatility (26.84%) compared to NVDA (12.97%). In terms of maximum drawdown, SES dropped -97.58% vs NVDA's -89.72%.

Which has better risk-adjusted returns?

NVDA currently has the higher Sharpe Ratio (1.43 vs 0.16), 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.