SPOT vs. RDVT
SPOT (Spotify Technology S.A.) and RDVT (Red Violet, Inc.) are both stocks. SPOT operates in Internet Content & Information (Communication Services), while RDVT operates in Software - Application (Technology). Over the past 5 years, SPOT returned 16.18%/yr vs 19.97%/yr for RDVT. At a 0.22 correlation, their price movements are largely independent.
Performance
SPOT vs. RDVT - Performance Comparison
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Returns By Period
In the year-to-date period, SPOT achieves a -13.36% return, which is significantly lower than RDVT's -6.08% return.
SPOT
- 1D
- 1.24%
- 1M
- 20.42%
- YTD
- -13.36%
- 6M
- -12.09%
- 1Y
- -29.36%
- 3Y*
- 49.53%
- 5Y*
- 16.18%
- 10Y*
- —
RDVT
- 1D
- 1.00%
- 1M
- 7.63%
- YTD
- -6.08%
- 6M
- -3.98%
- 1Y
- 17.20%
- 3Y*
- 36.51%
- 5Y*
- 19.97%
- 10Y*
- —
SPOT vs. RDVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPOT Spotify Technology S.A. | -13.36% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 31.76% | -23.83% |
RDVT Red Violet, Inc. | -6.08% | 58.63% | 81.27% | -13.25% | -42.00% | 52.01% | 41.06% | 174.63% | -5.20% |
Correlation
The correlation between SPOT and RDVT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2018 | 0.22 |
Fundamentals
SPOT:
$105.30B
RDVT:
$769.95M
SPOT:
$12.94
RDVT:
$0.97
SPOT:
38.89
RDVT:
54.97
SPOT:
0.43
RDVT:
0.11
SPOT:
6.01
RDVT:
8.24
SPOT:
13.13
RDVT:
7.37
SPOT:
$17.60B
RDVT:
$94.08M
SPOT:
$5.68B
RDVT:
$79.25M
SPOT:
$2.75B
RDVT:
$23.76M
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Return for Risk
SPOT vs. RDVT — Risk / Return Rank
SPOT
RDVT
SPOT vs. RDVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology S.A. (SPOT) and Red Violet, Inc. (RDVT). 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.
| SPOT | RDVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.10 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 0.41 | -1.04 |
| Martin ratioReturn relative to average drawdown | -1.10 | 0.91 | -2.01 |
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
| SPOT | RDVT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.65 | 0.38 | -1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.41 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.03 | +0.31 |
Drawdowns
SPOT vs. RDVT - Drawdown Comparison
The maximum SPOT drawdown since its inception was -80.51%, smaller than the maximum RDVT drawdown of -90.17%. Use the drawdown chart below to compare losses from any high point for SPOT and RDVT.
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Drawdown Indicators
| SPOT | RDVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.51% | -90.17% | +9.66% |
Max Drawdown (1Y)Largest decline over 1 year | -46.80% | -42.11% | -4.69% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -42.11% | -4.69% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -63.73% | -12.66% |
Current DrawdownCurrent decline from peak | -35.16% | -9.98% | -25.18% |
Average DrawdownAverage peak-to-trough decline | -30.81% | -50.47% | +19.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.76% | 18.92% | +7.84% |
Volatility
SPOT vs. RDVT - Volatility Comparison
Spotify Technology S.A. (SPOT) and Red Violet, Inc. (RDVT) have volatilities of 15.97% and 15.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPOT | RDVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.97% | 15.61% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 37.40% | 37.64% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.30% | 46.14% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.60% | 49.36% | -1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.26% | 68.31% | -21.05% |
Dividends
SPOT vs. RDVT - Dividend Comparison
Neither SPOT nor RDVT has paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
RDVT Red Violet, Inc. | 0.00% | 0.53% |
SPOT Spotify Technology S.A. | 0.00% | 0.00% |
Financials
SPOT vs. RDVT - Financials Comparison
This section allows you to compare key financial metrics between Spotify Technology S.A. and Red Violet, 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
SPOT vs. RDVT - Profitability Comparison
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a gross profit of 1.51B and revenue of 4.61B. Therefore, the gross margin over that period was 32.9%.
RDVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Red Violet, Inc. reported a gross profit of 22.01M and revenue of 25.83M. Therefore, the gross margin over that period was 85.2%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported an operating income of 726.76M and revenue of 4.61B, resulting in an operating margin of 15.8%.
RDVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Red Violet, Inc. reported an operating income of 5.44M and revenue of 25.83M, resulting in an operating margin of 21.1%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a net income of 732.86M and revenue of 4.61B, resulting in a net margin of 15.9%.
RDVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Red Violet, Inc. reported a net income of 4.39M and revenue of 25.83M, resulting in a net margin of 17.0%.
Frequently Asked Questions
SPOT and RDVT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPOT has higher volatility (15.97%) compared to RDVT (15.61%). In terms of maximum drawdown, SPOT dropped -80.51% vs RDVT's -90.17%.
RDVT currently has the higher Sharpe Ratio (0.38 vs -0.65), 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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