TMRAF vs. NVDA
TMRAF (Tomra Systems ASA) and NVDA (NVIDIA Corporation) are both stocks. TMRAF operates in Waste Management (Industrials), while NVDA operates in Semiconductors (Technology). Over the past 10 years, TMRAF returned 13.79%/yr vs 68.47%/yr for NVDA. At a 0.09 correlation, their price movements are largely independent.
Performance
TMRAF vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, TMRAF achieves a -25.51% return, which is significantly lower than NVDA's 12.01% return. Over the past 10 years, TMRAF has underperformed NVDA with an annualized return of 13.79%, while NVDA has yielded a comparatively higher 68.47% annualized return.
TMRAF
- 1D
- 0.00%
- 1M
- -1.66%
- YTD
- -25.51%
- 6M
- -19.86%
- 1Y
- -34.94%
- 3Y*
- -12.47%
- 5Y*
- -9.57%
- 10Y*
- 13.79%
NVDA
- 1D
- 1.73%
- 1M
- -2.94%
- YTD
- 12.01%
- 6M
- 12.58%
- 1Y
- 47.43%
- 3Y*
- 75.35%
- 5Y*
- 64.54%
- 10Y*
- 68.47%
TMRAF vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMRAF Tomra Systems ASA | -25.51% | 7.13% | 13.87% | -32.05% | -27.02% | 50.97% | 51.54% | 46.27% | 48.12% | 82.30% |
NVDA NVIDIA Corporation | 12.01% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between TMRAF and NVDA is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2007 | 0.09 |
The correlation between TMRAF and NVDA shifts across timeframes, from -0.04 (1 year) to 0.10 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TMRAF:
$3.02B
NVDA:
$5.09T
TMRAF:
$0.79
NVDA:
$6.53
TMRAF:
12.82
NVDA:
31.97
TMRAF:
0.03
NVDA:
0.18
TMRAF:
0.64
NVDA:
20.13
TMRAF:
5.06
NVDA:
26.03
TMRAF:
$4.64B
NVDA:
$253.49B
TMRAF:
$948.72M
NVDA:
$187.95B
TMRAF:
$811.94M
NVDA:
$192.76B
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Return for Risk
TMRAF vs. NVDA — Risk / Return Rank
TMRAF
NVDA
TMRAF vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tomra Systems ASA (TMRAF) 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.
| TMRAF | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.66 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.24 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 2.36 | -3.10 |
| Martin ratioReturn relative to average drawdown | -1.38 | 5.73 | -7.12 |
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
| TMRAF | NVDA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.66 | 1.37 | -2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 1.25 | -1.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 1.38 | -1.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.63 | -0.41 |
Drawdowns
TMRAF vs. NVDA - Drawdown Comparison
The maximum TMRAF drawdown since its inception was -71.64%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for TMRAF and NVDA.
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Drawdown Indicators
| TMRAF | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.64% | -89.72% | +18.08% |
Max Drawdown (1Y)Largest decline over 1 year | -47.39% | -20.21% | -27.18% |
Max Drawdown (3Y)Largest decline over 3 years | -56.94% | -36.88% | -20.06% |
Max Drawdown (5Y)Largest decline over 5 years | -71.64% | -66.34% | -5.30% |
Max Drawdown (10Y)Largest decline over 10 years | -71.64% | -66.34% | -5.30% |
Current DrawdownCurrent decline from peak | -59.61% | -11.39% | -48.22% |
Average DrawdownAverage peak-to-trough decline | -20.64% | -36.20% | +15.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.28% | 8.30% | +16.98% |
Volatility
TMRAF vs. NVDA - Volatility Comparison
Tomra Systems ASA (TMRAF) has a higher volatility of 19.65% compared to NVIDIA Corporation (NVDA) at 13.14%. This indicates that TMRAF'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
| TMRAF | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.65% | 13.14% | +6.51% |
Volatility (6M)Calculated over the trailing 6-month period | 40.54% | 26.37% | +14.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.41% | 34.81% | +18.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.64% | 51.75% | +6.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.89% | 49.85% | +0.04% |
Dividends
TMRAF vs. NVDA - Dividend Comparison
TMRAF's dividend yield for the trailing twelve months is around 0.23%, more than NVDA's 0.14% yield.
| 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% |
TMRAF Tomra Systems ASA | 0.23% | 1.55% | 1.39% | 1.49% | 1.94% | 1.01% | 0.62% | 1.62% | 4.28% | 13.33% | 0.00% | 0.00% |
Financials
TMRAF vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Tomra Systems ASA 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
TMRAF vs. NVDA - Profitability Comparison
TMRAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tomra Systems ASA reported a gross profit of 334.00M and revenue of 334.00M. Therefore, the gross margin over that period was 100.0%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
TMRAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tomra Systems ASA reported an operating income of 5.00M and revenue of 334.00M, resulting in an operating margin of 1.5%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
TMRAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tomra Systems ASA reported a net income of -3.00M and revenue of 334.00M, resulting in a net margin of -0.9%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
TMRAF and NVDA have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMRAF has higher volatility (19.65%) compared to NVDA (13.14%). In terms of maximum drawdown, TMRAF dropped -71.64% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.37 vs -0.66), 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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