From Nov 14, 2016 to the Nov 13, 2026 close, $1,000 in Nvidia (NVDA) became $79,364 and $1,000 in AMD became $78,654, with dividends reinvested.

  • Last 5 years: $5,382 in Nvidia, $3,611 in AMD
  • Last year: $874 in Nvidia, $2,154 in AMD
  • Deepest fall: Nvidia 66.3% (Nov 29, 2021 to Oct 14, 2022); AMD 65.4% (Nov 29, 2021 to Oct 14, 2022)
Nvidia (NVDA)
Total return7,836%
A year54.8%
Deepest fall66.3%
Volatility49.3%
Sharpe ratio1.01
Beta to S&P 5001.84
AMD
Total return7,765%
A year54.7%
Deepest fall65.4%
Volatility57.7%
Sharpe ratio0.86
Beta to S&P 5001.82

From Nov 14, 2016 to Nov 13, 2026, Nvidia grew 54.8% a year and AMD grew 54.7%. The higher rate, Nvidia's, came with narrower daily swings. Volatility was 49.3% for Nvidia and 57.7% for AMD. The Sharpe ratio is the yearly return above a fixed 5% risk-free rate, per unit of volatility.

Sharpe ratios were 1.01 for Nvidia and 0.86 for AMD. Over the same dates, the price record shows deepest falls of 66.3% for Nvidia and 65.4% for AMD. From Nov 15, 2016 to Nov 13, 2026, betas to the S&P 500 were 1.84 for Nvidia and 1.82 for AMD.

Growth of $1,000 in Nvidia and AMD

The $1,000 in Nvidia and the $1,000 in AMD swapped places 5 times at month ends. The latest swap came at the end of Apr 2023. Since then, the $1,000 in Nvidia has been worth more at every month end. Across all 121 month ends, Nvidia's value was the higher one at 57 and AMD's at 64.

At the end of Feb 2025, $1,000 had become $60,721 in Nvidia and $14,707 in AMD. In relative terms, that was the widest gap between them at any month end. The $1,000 in Nvidia first doubled to $2,000 at a month end in Aug 2017. The $1,000 in AMD did so in Feb 2017.

The $1,000 in Nvidia first stood at $100,000 or more at a month end in May 2026. The $1,000 in AMD had not reached $100,000 by Nov 2026.

Nvidia (NVDA), circleAMD, square
$0$20k$40k$60k$80k$100k20182020202220242026NVDA $79,364AMD $78,654
$0$20k$40k$60k$80k$100k201920222025NVDA $79,364AMD $78,654

Nvidia and AMD returns by period

Every row ends at the Nov 13, 2026 close. The "a year" columns give the yearly rate from each start date. The yearly rates were furthest apart over the last year. Over that span, Nvidia fell 12.6% a year and AMD grew 115.4%. The rates were closest over the last 10 years: 54.8% for Nvidia and 54.7% for AMD.

Nvidia's rate over the last year, −12.6%, was below its 10-year rate of 54.8%. AMD's last-year rate, 115.4%, was above its 10-year rate of 54.7%. $1,000 in Nvidia ended below $1,000 over the last year ($874).

Period$1,000 in Nvidia$1,000 in AMDNvidia a yearAMD a year
Since both startedfrom Jan 22, 1999$4,340,688$49,53635.1%15.1%
Last 20 yearsfrom Nov 13, 2006$296,729$25,19232.9%17.5%
Last 10 yearsfrom Nov 14, 2016$79,364$78,65454.8%54.7%
Last 5 yearsfrom Nov 12, 2021$5,382$3,61140.0%29.2%
Last yearfrom Nov 13, 2025$874$2,154−12.6%115.4%

How far Nvidia and AMD fell below their highs

At the Nov 13, 2026 close, Nvidia was 28.7% below its Sep 2026 month-end high. At the same close, AMD was 12.7% below its Sep 2026 month-end high. On daily closes, the deepest falls of Nvidia and AMD came in the same stretch. Nvidia fell 66.3% from Nov 29, 2021 to Oct 14, 2022.

AMD fell 65.4% from Nov 29, 2021 to Oct 14, 2022. Nvidia closed back at its old high on May 25, 2023, 7 months after the low. AMD closed back at its old high on Jan 18, 2024, 1 year and 3 months after the low. Nvidia was 20% or more below its high at 30 of 121 month ends.

AMD was 20% or more below its high at 47.

The S&P 500's COVID fall ran from its Feb 19, 2020 high to its Mar 23, 2020 low. Over those dates, Nvidia fell 32.4% and AMD 29.3%. The S&P 500's 2022 fall ran from its Jan 3, 2022 high to its Oct 12, 2022 low. Over those dates, Nvidia fell 61.8% and AMD 61.5%.

Nvidia (NVDA), circleAMD, square
−60%−50%−40%−30%−20%−10%0%20182020202220242026
−60%−50%−40%−30%−20%−10%0%201920222025

Nvidia vs AMD by year

The bars cover 9 full calendar years, 2017 to 2025. Nvidia rose in 7 of them and AMD in 6. Nvidia's yearly change was higher in 6 years and AMD's in 3. Both rose in 5 and both fell in 1. In 3 years, one rose while the other fell.

Both had their lowest year in 2022: Nvidia −50.3%, AMD −55.0%. Their highest years were 2023 for Nvidia (+239.0%) and 2019 for AMD (+148.4%). The widest one-year gap between them was 2024: Nvidia +171.2%, AMD −18.1%. In 2025, the latest full year, Nvidia rose 38.9% and AMD rose 77.3%.

Nvidia (NVDA), circleAMD, square
−80%−40%0%+40%+80%+120%+160%+200%+240%201720182019202020212022202320242025

Nvidia and AMD monthly returns

These counts cover 119 full months, Dec 2016 to Oct 2026. Nvidia rose in 77 of them and AMD in 61. Both rose in 51, both fell in 31, and in 36 one rose while the other fell. Nvidia's largest monthly fall was −32.0% in Apr 2022, and AMD's −41.0% in Oct 2018.

Nvidia's largest monthly rise was +38.5% in May 2017, and AMD's +74.3% in Apr 2026. Nvidia's longest run of falling months was 3, ending in Apr 2018. AMD's longest run of falling months was 5, ending in Dec 2017.

The latest cell is a part month, from the Oct 30, 2026 close to the Nov 13, 2026 close. Over those days, Nvidia changed −20.4% and AMD +5.8%.

Nvidia, % each month
JFMAMJJASOND
2026+2.5−7.3−1.6+14.4+5.8−5.1+0.3+10.0+3.6−10.4−20.4
2025−10.6+4.0−13.2+0.5+24.1+16.9+12.6−2.1+7.1+8.5−12.6+5.4
2024+24.2+28.6+14.2−4.4+26.9+12.7−5.3+2.0+1.7+9.3+4.1−2.9
2023+33.7+18.8+19.7−0.1+36.3+11.8+10.5+5.6−11.9−6.3+14.7+5.9
2022−16.7−0.4+11.9−32.0+0.7−18.8+19.8−16.9−19.6+11.2+25.4−13.6
2021−0.5+5.6−2.6+12.4+8.2+23.2−2.5+14.8−7.5+23.4+27.8−10.0
2020+0.5+14.3−2.4+10.9+21.5+7.1+11.8+26.0+1.2−7.4+6.9−2.6
2019+7.7+7.4+16.4+0.8−25.1+21.2+2.7−0.6+3.9+15.5+7.9+8.6
2018+27.0−1.5−4.3−2.9+12.2−6.1+3.4+14.7+0.1−25.0−22.4−18.3
2017+2.3−6.9+7.3−4.3+38.5+0.1+12.4+4.4+5.5+15.7−2.9−3.6
AMD, % each month
JFMAMJJASOND
2026+10.5−15.4+1.6+74.3+45.6+12.6−18.0−1.1+30.0−17.5+5.8
2025−4.0−13.9+2.9−5.2+13.7+28.1+24.2−7.8−0.5+58.3−15.1−1.5
2024+13.8+14.8−6.3−12.2+5.4−2.8−10.9+2.8+10.4−12.2−4.8−11.9
2023+16.0+4.6+24.7−8.8+32.3−3.6+0.4−7.6−2.7−4.2+23.0+21.7
2022−20.6+8.0−11.4−21.8+19.1−24.9+23.5−10.2−25.3−5.2+29.3−16.6
2021−6.6−1.3−7.1+4.0−1.9+17.3+13.1+4.3−7.1+16.8+31.7−9.1
2020+2.5−3.2+0.0+15.2+2.7−2.2+47.2+17.3−9.7−8.2+23.1−1.0
2019+32.2−3.6+8.5+8.3−0.8+10.8+0.3+3.3−7.8+17.0+15.4+17.1
2018+33.7−11.9−17.0+8.3+26.2+9.2+22.3+37.3+22.7−41.0+17.0−13.3
2017−8.6+39.4+0.6−8.6−15.9+11.5+9.1−4.5−1.9−13.8−0.9−5.6

Nvidia and AMD: rolling 1-year return and volatility

The rolling 1-year return is the change over the 12 months to each month end. From Nov 2017 to Nov 2026, Nvidia's rolling 1-year return ran from −50.3% (12 months to Dec 2022) to +258.6% (to Sep 2023). Over the same months, AMD's ran from −55.0% (12 months to Dec 2022) to +366.1% (to May 2026).

Nvidia's 12-month change was below zero at 22 of those 109 month ends, and AMD's at 23. Nvidia's 12-month change was the higher one at 69 month ends and AMD's at 40.

Nvidia (NVDA), circleAMD, square
+0%+100%+200%+300%2019202120232025
+0%+100%+200%+300%202020232026
40%50%60%70%80%20182020202220242026
40%50%60%70%80%201920222025

Nvidia and AMD: volatility, risk-adjusted return, beta and correlation

These measures cover Nov 14, 2016 to Nov 13, 2026. Over those dates, volatility was 49.3% for Nvidia and 57.7% for AMD. The Sortino ratio counts only falling days as risk. Against the same 5% rate, Sortino ratios were 1.51 for Nvidia and 1.33 for AMD. The Calmar ratio is the yearly return divided by the deepest fall.

Calmar ratios were 0.83 for Nvidia and 0.84 for AMD, the opposite order to the Sharpe ratios.

Beta shows how much Nvidia and AMD tended to move on the days the S&P 500 (SPY) moved. A beta of 1 means moving by the same amount as the index. From Nov 15, 2016 to Nov 13, 2026, Nvidia's beta was 1.84 and AMD's 1.82. By that measure, both tended to move more than the index.

The correlation of Nvidia's and AMD's daily moves was 0.64, a partial link. A correlation of 1 would mean they always moved together, 0 no link and −1 always opposite.

MeasureNvidiaAMD
Volatility, a year49.3%57.7%
Sharpe ratio1.010.86
Sortino ratio1.511.33
Calmar ratio0.830.84
Deepest fall66.3%65.4%
Beta to the S&P 500from Nov 15, 20161.841.82
Upside capturemonths from Dec 2016256%283%
Downside capturemonths from Dec 2016147%168%
Biggest one-day rise+24.37%May 25, 2023+23.82%Apr 9, 2025
Biggest one-day fall−18.76%Nov 16, 2018−24.23%May 2, 2017
Price against its 50-day average−24.1%−3.7%
Price against its 200-day average−20.1%+26.2%
Correlation of daily movesfrom Nov 15, 20160.64

About Nvidia and AMD

What Nvidia and AMD do, from each company's latest annual report filed with the US Securities and Exchange Commission.

Nvidia

NVIDIA Corporation sells accelerated computing platforms, combining graphics processing units (GPUs), networking, systems and software such as its CUDA development platform. It reports two segments. Compute & Networking includes Data Center computing and networking platforms, AI solutions and software, and Automotive platforms. Graphics includes GeForce GPUs for gaming and PCs, and Quadro and NVIDIA RTX GPUs for enterprise workstation graphics.

Headquartered in Santa Clara, California, NVIDIA was incorporated in California in April 1993 and reincorporated in Delaware in April 1998. Its fiscal year ends on the last Sunday in January, so fiscal 2026 ended on January 25, 2026.

Source: 10-K (fiscal 2026, ended January 25, 2026), filed Feb 25, 2026 (SEC EDGAR)

AMD

Advanced Micro Devices, Inc. (AMD) designs semiconductor products, including central processing units (CPUs) and graphics processing units (GPUs). It reports three segments. Data Center mainly includes AI accelerators, server CPUs, GPUs and other data center chips. Client and Gaming mainly includes desktop and notebook processors, chipsets, discrete GPUs, and semi-custom chips and development services.

Embedded mainly includes embedded processors and adaptive chips. The Client and Gaming segment combined two former segments starting in fiscal 2025. AMD was incorporated in Delaware on May 1, 1969, and became a publicly held company in 1972. Its executive offices are in Santa Clara, California. Its fiscal year ends on the last Saturday in December.

Source: 10-K (fiscal 2025, ended December 27, 2025), filed Feb 4, 2026 (SEC EDGAR)

About this calculation

What it calculates
For Nvidia and AMD over the same dates: the value of $1,000 in each, total and yearly return, the deepest fall and its recovery, every calendar year, monthly and rolling 12-month changes, and the risk measures below.
Prices
Daily closing prices adjusted for stock splits and dividends, so dividends count as reinvested.
Dates
Both start on the same trading day: the first day both price histories used here share, or the start of the period chosen, and both are valued at the Nov 13, 2026 close.
Yearly return
(final value ÷ $1,000)1 ÷ years − 1, with years counted as days ÷ 365.
Deepest fall
The largest drop from a closing high to a later closing low; recovery is the first close back at that high.
Volatility
How widely daily returns spread around their average over the dates shown: the square root of the average squared gap from that average (dividing by one less than the number of days), × √252, as a yearly figure.
Sharpe ratio
(yearly return − 5%) ÷ volatility, with a fixed risk-free rate of 5% a year.
Sortino ratio
(yearly return − 5%) ÷ downside deviation: the square root of the average squared daily fall (days above 0 count as 0), × √252.
Calmar ratio
Yearly return ÷ the deepest fall over the dates shown.
Beta and correlation
From daily returns on the days both stocks and SPY traded: beta is the covariance of a stock's daily returns with SPY's ÷ the variance of SPY's; correlation is that of the two stocks' daily returns.
Biggest one-day moves
The largest daily rise and fall in adjusted close over the dates shown.
Moving-average distance
The last close against the simple average of the last 50 and 200 closes. A fact about price, not a signal.
Capture
Over the last 10 years of month ends: a stock's average monthly change in the months SPY rose (fell), as a percentage of SPY's average change in those months.
Rounding
Calculated at full precision and rounded for display: whole dollars, one decimal for percentages, two for ratios.
Exclusions
Taxes, fees, currency conversion and companies no longer in the index.
Freshness
Recalculated after each trading day. Company profiles come from each company's latest annual report, with the filing date shown.
Reproduce
Open this comparison in Compare Two Stocks

Common questions

Which had the higher return, Nvidia or AMD stock?

It depends on the period. Nvidia had the higher total return over the full span since Jan 1999 and the last 20, 10 and 5 years. AMD had the higher total return over the last year. From Jan 22, 1999 to the Nov 13, 2026 close, Nvidia returned +433,969% in total and AMD +4,854%.

Both include reinvested dividends, before taxes and fees. Over the last 10 years, Nvidia returned +7,836% and AMD +7,765%. Over the last 5 years, Nvidia returned +438% and AMD +261%. Over the last year, Nvidia returned −12.6% and AMD +115%. None of these Nvidia and AMD figures is a forecast.

Is Nvidia or AMD the better stock to buy?

SmartFin does not say which to buy. This page reports what Nvidia and AMD prices did. From Nov 14, 2016 to Nov 13, 2026, Nvidia grew 54.8% a year and AMD grew 54.7%. The record shows deepest falls of 66.3% for Nvidia and 65.4% for AMD. Past returns for Nvidia and AMD do not show what either will do next.

Do the Nvidia and AMD returns include dividends?

Yes. Every NVDA and AMD figure here uses closing prices adjusted for stock splits and dividends, so dividends count as reinvested. Taxes, fees and trading costs are left out of the Nvidia and AMD figures.

Has Nvidia or AMD stock dropped from its high?

At the Nov 13, 2026 close, Nvidia was 28.7% below its highest month-end value, set in Sep 2026. At the same close, AMD was 12.7% below its highest month-end value, set in Sep 2026. Nvidia's deepest fall on daily closes was 66.3%, from Nov 2021 to Oct 2022. AMD's deepest fall was 65.4%, from Nov 2021 to Oct 2022.

Compare Nvidia and AMD with your own amount and dates in Compare Two Stocks

Daily closing prices adjusted for stock splits, with dividends reinvested, before taxes and fees. Both amounts are invested at the same close and valued at the Nov 13, 2026 close. See also: What if you invested in Nvidia · What if you invested in AMD.

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This page presents historical market data and calculated results for a defined period. It is not a recommendation to buy, sell, or hold the security, fund, or index shown. Past performance is not indicative of future results.