^SIXT vs. NVDA
Compare and contrast key facts about Technology Select Sector Index (^SIXT) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SIXT or NVDA.
Correlation
The correlation between ^SIXT and NVDA is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^SIXT vs. NVDA - Performance Comparison
Key characteristics
^SIXT:
0.28
NVDA:
0.54
^SIXT:
0.60
NVDA:
1.11
^SIXT:
1.08
NVDA:
1.14
^SIXT:
0.33
NVDA:
0.86
^SIXT:
1.03
NVDA:
2.16
^SIXT:
8.15%
NVDA:
14.75%
^SIXT:
30.16%
NVDA:
59.46%
^SIXT:
-33.93%
NVDA:
-89.73%
^SIXT:
-11.78%
NVDA:
-21.66%
Returns By Period
In the year-to-date period, ^SIXT achieves a -8.16% return, which is significantly higher than NVDA's -12.82% return. Over the past 10 years, ^SIXT has underperformed NVDA with an annualized return of 17.54%, while NVDA has yielded a comparatively higher 72.73% annualized return.
^SIXT
-8.16%
16.36%
-8.46%
4.56%
17.83%
17.54%
NVDA
-12.82%
19.89%
-19.59%
29.30%
72.34%
72.73%
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
^SIXT vs. NVDA — Risk-Adjusted Performance Rank
^SIXT
NVDA
^SIXT vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Technology Select Sector Index (^SIXT) 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.
Drawdowns
^SIXT vs. NVDA - Drawdown Comparison
The maximum ^SIXT drawdown since its inception was -33.93%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for ^SIXT and NVDA. For additional features, visit the drawdowns tool.
Volatility
^SIXT vs. NVDA - Volatility Comparison
The current volatility for Technology Select Sector Index (^SIXT) is 15.88%, while NVIDIA Corporation (NVDA) has a volatility of 22.57%. This indicates that ^SIXT 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.