Figures as of the Nov 13, 2026 close. Updated after each trading day. Not a recommendation or a forecast.
From Nov 12, 2021 to the Nov 13, 2026 close, $1,000 in Nvidia (NVDA) became $5,382 and $1,000 in AMD became $3,611, with dividends reinvested.
From Nov 12, 2021 to Nov 13, 2026, Nvidia grew 40.0% a year and AMD grew 29.2%. The higher rate, Nvidia's, came with narrower daily swings. Volatility was 51.9% for Nvidia and 59.0% for AMD. The Sharpe ratio is the yearly return above a fixed 5% risk-free rate, per unit of volatility.
Sharpe ratios were 0.67 for Nvidia and 0.41 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, 2021 to Nov 13, 2026, betas to the S&P 500 were 2.12 for Nvidia and 2.23 for AMD.
The $1,000 in Nvidia and the $1,000 in AMD swapped places 6 times at month ends. The latest swap came at the end of Oct 2022. Since then, the $1,000 in Nvidia has been worth more at every month end. Across all 61 month ends, Nvidia's value was the higher one at 54 and AMD's at 7.
At the end of Feb 2025, $1,000 had become $4,118 in Nvidia and $675 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 Jan 2024. The $1,000 in AMD did so in Apr 2026.
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 AMD | Nvidia a year | AMD a year |
|---|---|---|---|---|
| Since both startedfrom Jan 22, 1999 | $4,340,688 | $49,536 | 35.1% | 15.1% |
| Last 20 yearsfrom Nov 13, 2006 | $296,729 | $25,192 | 32.9% | 17.5% |
| Last 10 yearsfrom Nov 14, 2016 | $79,364 | $78,654 | 54.8% | 54.7% |
| Last 5 yearsfrom Nov 12, 2021 | $5,382 | $3,611 | 40.0% | 29.2% |
| Last yearfrom Nov 13, 2025 | $874 | $2,154 | −12.6% | 115.4% |
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 16 of 61 month ends.
AMD was 20% or more below its high at 36.
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%.
The bars cover 4 full calendar years, 2022 to 2025. Nvidia rose in 3 of them and AMD in 2. Nvidia's yearly change was higher in 3 years and AMD's in 1. Both rose in 2 and both fell in 1. In 1 year, one rose while the other fell.
Both had their lowest year in 2022: Nvidia −50.3%, AMD −55.0%. Both had their highest year in 2023: Nvidia +239.0%, AMD +127.6%. 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%.
These counts cover 59 full months, Dec 2021 to Oct 2026. Nvidia rose in 37 of them and AMD in 27. Both rose in 23, both fell in 18, and in 18 one rose while the other fell. Nvidia's largest monthly fall was −32.0% in Apr 2022, and AMD's −25.3% in Sep 2022.
Nvidia's largest monthly rise was +36.3% in May 2023, and AMD's +74.3% in Apr 2026. Nvidia's longest run of falling months was 3, ending in Feb 2022. AMD's longest run of falling months was 5, ending in Feb 2025.
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%.
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | −10.0 |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | −9.1 |
The rolling 1-year return is the change over the 12 months to each month end. From Nov 2022 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 5 of those 49 month ends, and AMD's at 13. Nvidia's 12-month change was the higher one at 35 month ends and AMD's at 14.
These measures cover Nov 12, 2021 to Nov 13, 2026. Over those dates, volatility was 51.9% for Nvidia and 59.0% for AMD. The Sortino ratio counts only falling days as risk. Against the same 5% rate, Sortino ratios were 1.03 for Nvidia and 0.63 for AMD. The Calmar ratio is the yearly return divided by the deepest fall.
Calmar ratios were 0.60 for Nvidia and 0.45 for AMD.
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, 2021 to Nov 13, 2026, Nvidia's beta was 2.12 and AMD's 2.23. 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.
| Measure | Nvidia | AMD |
|---|---|---|
| Volatility, a year | 51.9% | 59.0% |
| Sharpe ratio | 0.67 | 0.41 |
| Sortino ratio | 1.03 | 0.63 |
| Calmar ratio | 0.60 | 0.45 |
| Deepest fall | 66.3% | 65.4% |
| Beta to the S&P 500from Nov 15, 2021 | 2.12 | 2.23 |
| Upside capturemonths from Dec 2016 | 256% | 283% |
| Downside capturemonths from Dec 2016 | 147% | 168% |
| Biggest one-day rise | +24.37%May 25, 2023 | +23.82%Apr 9, 2025 |
| Biggest one-day fall | −16.97%Jan 27, 2025 | −17.31%Feb 4, 2026 |
| 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, 2021 | 0.64 | |
What Nvidia and AMD do, from each company's latest annual report filed with the US Securities and Exchange Commission.
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)
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)
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.
SmartFin does not say which to buy. This page reports what Nvidia and AMD prices did. From Nov 12, 2021 to Nov 13, 2026, Nvidia grew 40.0% a year and AMD grew 29.2%. 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.
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.
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.
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.