SNX vs. NEOV
SNX (TD SYNNEX Corporation) and NEOV (NeoVolta Inc. Common Stock) are both stocks. SNX operates in Information Technology Services (Technology), while NEOV operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, SNX returned 18.03%/yr vs -22.17%/yr for NEOV. At a 0.11 correlation, their price movements are largely independent.
Performance
SNX vs. NEOV - Performance Comparison
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Returns By Period
In the year-to-date period, SNX achieves a 81.92% return, which is significantly higher than NEOV's -35.20% return.
SNX
- 1D
- 1.11%
- 1M
- 13.68%
- YTD
- 81.92%
- 6M
- 77.15%
- 1Y
- 122.59%
- 3Y*
- 44.91%
- 5Y*
- 18.03%
- 10Y*
- 20.42%
NEOV
- 1D
- 0.51%
- 1M
- -25.38%
- YTD
- -35.20%
- 6M
- -43.39%
- 1Y
- -35.62%
- 3Y*
- -13.27%
- 5Y*
- -22.17%
- 10Y*
- —
SNX vs. NEOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNX TD SYNNEX Corporation | 81.92% | 29.82% | 10.55% | 15.25% | -16.11% | 41.48% | 58.83% |
NEOV NeoVolta Inc. Common Stock | -35.20% | -41.65% | 225.62% | -42.65% | -60.20% | 60.78% | 237.98% |
Correlation
The correlation between SNX and NEOV is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 21, 2020 | 0.11 |
Fundamentals
SNX:
$21.79B
NEOV:
$79.17M
SNX:
$12.13
NEOV:
-$0.32
SNX:
0.34
NEOV:
4.40
SNX:
2.48
NEOV:
3.57
SNX:
$65.14B
NEOV:
$16.05M
SNX:
$4.43B
NEOV:
$3.74M
SNX:
$1.91B
NEOV:
-$9.07M
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Return for Risk
SNX vs. NEOV — Risk / Return Rank
SNX
NEOV
SNX vs. NEOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD SYNNEX Corporation (SNX) and NeoVolta Inc. Common Stock (NEOV). 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.
| SNX | NEOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.39 | ||
| Sortino ratioReturn per unit of downside risk | +4.65 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.05 | +0.62 |
| Calmar ratioReturn relative to maximum drawdown | 8.83 | -0.49 | +9.31 |
| Martin ratioReturn relative to average drawdown | 21.86 | -1.00 | +22.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SNX | NEOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.09 | -0.29 | +4.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | -0.24 | +0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.08 | +0.42 |
Drawdowns
SNX vs. NEOV - Drawdown Comparison
The maximum SNX drawdown since its inception was -67.27%, smaller than the maximum NEOV drawdown of -90.38%. Use the drawdown chart below to compare losses from any high point for SNX and NEOV.
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Drawdown Indicators
| SNX | NEOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.27% | -90.38% | +23.11% |
Max Drawdown (1Y)Largest decline over 1 year | -13.97% | -73.60% | +59.63% |
Max Drawdown (3Y)Largest decline over 3 years | -33.78% | -84.32% | +50.54% |
Max Drawdown (5Y)Largest decline over 5 years | -36.52% | -90.38% | +53.86% |
Max Drawdown (10Y)Largest decline over 10 years | -55.94% | — | — |
Current DrawdownCurrent decline from peak | -2.70% | -72.52% | +69.82% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -38.92% | +23.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.63% | 35.68% | -30.05% |
Volatility
SNX vs. NEOV - Volatility Comparison
The current volatility for TD SYNNEX Corporation (SNX) is 10.25%, while NeoVolta Inc. Common Stock (NEOV) has a volatility of 71.79%. This indicates that SNX experiences smaller price fluctuations and is considered to be less risky than NEOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNX | NEOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.25% | 71.79% | -61.54% |
Volatility (6M)Calculated over the trailing 6-month period | 23.72% | 102.83% | -79.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.18% | 121.65% | -91.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.56% | 93.71% | -64.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.54% | 86.56% | -52.02% |
Dividends
SNX vs. NEOV - Dividend Comparison
SNX's dividend yield for the trailing twelve months is around 0.68%, while NEOV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEOV NeoVolta Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SNX TD SYNNEX Corporation | 0.68% | 1.17% | 1.36% | 1.30% | 1.27% | 0.70% | 0.25% | 1.16% | 1.73% | 0.77% | 0.70% | 0.64% |
Financials
SNX vs. NEOV - Financials Comparison
This section allows you to compare key financial metrics between TD SYNNEX Corporation and NeoVolta Inc. Common Stock. 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
SNX and NEOV have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEOV has higher volatility (71.79%) compared to SNX (10.25%). In terms of maximum drawdown, SNX dropped -67.27% vs NEOV's -90.38%.
SNX currently has the higher Sharpe Ratio (4.09 vs -0.29), 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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