THNQ vs. NVDA
Compare and contrast key facts about ROBO Global Artificial Intelligence ETF (THNQ) and NVIDIA Corporation (NVDA).
THNQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global Artificial Intelligence Index. It was launched on May 11, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THNQ or NVDA.
Performance
THNQ vs. NVDA - Performance Comparison
Returns By Period
In the year-to-date period, THNQ achieves a 14.78% return, which is significantly lower than NVDA's 186.76% return.
THNQ
14.78%
0.67%
7.00%
28.84%
N/A
N/A
NVDA
186.76%
4.61%
53.55%
187.03%
94.86%
76.77%
Key characteristics
| THNQ | NVDA | |
|---|---|---|
| Sharpe Ratio | 1.33 | 3.68 |
| Sortino Ratio | 1.81 | 3.78 |
| Omega Ratio | 1.23 | 1.49 |
| Calmar Ratio | 1.18 | 7.04 |
| Martin Ratio | 6.35 | 22.20 |
| Ulcer Index | 4.43% | 8.58% |
| Daily Std Dev | 21.13% | 51.84% |
| Max Drawdown | -50.56% | -89.73% |
| Current Drawdown | -3.99% | -4.63% |
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Correlation
The correlation between THNQ and NVDA is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
THNQ vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Artificial Intelligence ETF (THNQ) 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.
Dividends
THNQ vs. NVDA - Dividend Comparison
THNQ has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THNQ ROBO Global Artificial Intelligence ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
Drawdowns
THNQ vs. NVDA - Drawdown Comparison
The maximum THNQ drawdown since its inception was -50.56%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for THNQ and NVDA. For additional features, visit the drawdowns tool.
Volatility
THNQ vs. NVDA - Volatility Comparison
The current volatility for ROBO Global Artificial Intelligence ETF (THNQ) is 6.25%, while NVIDIA Corporation (NVDA) has a volatility of 10.50%. This indicates that THNQ experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.