WMG vs. NVDA
Compare and contrast key facts about Warner Music Group Corp. (WMG) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WMG or NVDA.
Correlation
The correlation between WMG and NVDA is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WMG vs. NVDA - Performance Comparison
Key characteristics
WMG:
-0.30
NVDA:
3.44
WMG:
-0.23
NVDA:
3.64
WMG:
0.97
NVDA:
1.46
WMG:
-0.19
NVDA:
6.66
WMG:
-0.58
NVDA:
20.59
WMG:
13.88%
NVDA:
8.74%
WMG:
27.18%
NVDA:
52.29%
WMG:
-54.04%
NVDA:
-89.73%
WMG:
-32.70%
NVDA:
-9.52%
Fundamentals
WMG:
$16.54B
NVDA:
$3.19T
WMG:
$0.83
NVDA:
$2.53
WMG:
38.48
NVDA:
51.54
WMG:
1.26
NVDA:
0.81
WMG:
$6.43B
NVDA:
$113.27B
WMG:
$2.99B
NVDA:
$85.93B
WMG:
$1.20B
NVDA:
$74.87B
Returns By Period
In the year-to-date period, WMG achieves a -11.02% return, which is significantly lower than NVDA's 172.06% return.
WMG
-11.02%
-0.06%
4.97%
-9.76%
N/A
N/A
NVDA
172.06%
-7.66%
6.44%
175.01%
86.75%
75.35%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WMG vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Warner Music Group Corp. (WMG) 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
WMG vs. NVDA - Dividend Comparison
WMG's dividend yield for the trailing twelve months is around 2.25%, more than NVDA's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMG Warner Music Group Corp. | 2.25% | 1.84% | 1.77% | 1.25% | 0.63% | 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
WMG vs. NVDA - Drawdown Comparison
The maximum WMG drawdown since its inception was -54.04%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for WMG and NVDA. For additional features, visit the drawdowns tool.
Volatility
WMG vs. NVDA - Volatility Comparison
Warner Music Group Corp. (WMG) and NVIDIA Corporation (NVDA) have volatilities of 9.79% and 10.07%, 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.
Financials
WMG vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Warner Music Group Corp. 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