SPHR vs. NVDA
SPHR (Sphere Entertainment Co.) and NVDA (NVIDIA Corporation) are both stocks. SPHR operates in Entertainment (Communication Services), while NVDA operates in Semiconductors (Technology). Over the past 5 years, SPHR returned 13.38%/yr vs 62.87%/yr for NVDA. At a 0.25 correlation, their price movements are largely independent.
Performance
SPHR vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, SPHR achieves a 45.71% return, which is significantly higher than NVDA's 11.34% return.
SPHR
- 1D
- -3.40%
- 1M
- -9.97%
- 6M
- 43.65%
- YTD
- 45.71%
- 1Y
- 218.48%
- 3Y*
- 56.52%
- 5Y*
- 13.38%
- 10Y*
- —
NVDA
- 1D
- -2.40%
- 1M
- -0.00%
- 6M
- 11.01%
- YTD
- 11.34%
- 1Y
- 21.19%
- 3Y*
- 64.76%
- 5Y*
- 62.87%
- 10Y*
- 66.09%
SPHR vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPHR Sphere Entertainment Co. | 45.71% | 135.81% | 18.73% | -24.48% | -36.07% | -33.04% | 5.04% |
NVDA NVIDIA Corporation | 11.34% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 95.82% |
Correlation
The correlation between SPHR and NVDA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2020 | 0.25 |
The correlation between SPHR and NVDA shifts across timeframes, from 0.11 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SPHR:
$4.99B
NVDA:
$5.02T
SPHR:
$3.02
NVDA:
$6.53
SPHR:
45.84
NVDA:
31.78
SPHR:
0.07
NVDA:
0.17
SPHR:
4.14
NVDA:
20.01
SPHR:
$1.33B
NVDA:
$253.49B
SPHR:
$640.21M
NVDA:
$187.95B
SPHR:
$548.04M
NVDA:
$192.76B
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Return for Risk
SPHR vs. NVDA — Risk / Return Rank
SPHR
NVDA
SPHR vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sphere Entertainment Co. (SPHR) 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.
| SPHR | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.62 | ||
| Sortino ratioReturn per unit of downside risk | +3.56 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.12 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 10.57 | 1.05 | +9.52 |
| Martin ratioReturn relative to average drawdown | 35.55 | 2.25 | +33.30 |
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Drawdowns
SPHR vs. NVDA - Drawdown Comparison
The maximum SPHR drawdown since its inception was -81.69%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for SPHR and NVDA.
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Drawdown Indicators
| SPHR | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.69% | -89.72% | +8.03% |
Max Drawdown (1Y)Largest decline over 1 year | -20.81% | -20.21% | -0.60% |
Max Drawdown (3Y)Largest decline over 3 years | -52.29% | -36.88% | -15.41% |
Max Drawdown (5Y)Largest decline over 5 years | -74.32% | -66.34% | -7.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -19.93% | -11.92% | -8.01% |
Average DrawdownAverage peak-to-trough decline | -45.84% | -36.11% | -9.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.17% | 9.43% | -3.26% |
Volatility
SPHR vs. NVDA - Volatility Comparison
Sphere Entertainment Co. (SPHR) has a higher volatility of 15.53% compared to NVIDIA Corporation (NVDA) at 11.05%. This indicates that SPHR'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
| SPHR | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.53% | 11.05% | +4.48% |
Volatility (6M)Calculated over the trailing 6-month period | 39.53% | 27.76% | +11.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.16% | 35.75% | +16.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.89% | 51.82% | +6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.22% | 49.90% | +6.32% |
Dividends
SPHR vs. NVDA - Dividend Comparison
SPHR 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% |
SPHR Sphere Entertainment Co. | 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
SPHR vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Sphere Entertainment Co. 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
SPHR vs. NVDA - Profitability Comparison
SPHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Sphere Entertainment Co. reported a gross profit of 132.40M and revenue of 386.41M. Therefore, the gross margin over that period was 34.3%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
SPHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Sphere Entertainment Co. reported an operating income of 10.78M and revenue of 386.41M, resulting in an operating margin of 2.8%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
SPHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Sphere Entertainment Co. reported a net income of 4.46M and revenue of 386.41M, resulting in a net margin of 1.2%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
SPHR and NVDA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPHR has higher volatility (15.53%) compared to NVDA (11.05%). In terms of maximum drawdown, SPHR dropped -81.69% vs NVDA's -89.72%.
SPHR currently has the higher Sharpe Ratio (4.22 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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