NVX vs GPACU
Comparison between Novonix Ltd (NVX, Company) and General Purpose Acquisition Corp - Units (1 Ord Cls A & 1/2 War) (GPACU, Company).
NVX is from the Industrials sector, while GPACU is from the Financial Services sector.
NVX vs GPACU - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
NVX
$74M
Winner
GPACU
$74M
Max Drawdown
NVX
98.19%
Winner
GPACU
1.48%
Sharpe Ratio
NVX
-0.92
Winner
GPACU
-0.47
5Y Beta
NVX
1.75
Winner
GPACU
0.01
Industry
NVX
Electrical Equipment & Parts
GPACU
Shell Companies
P/E Ratio
NVX
-0.57
Winner
GPACU
-5.26
PEG Ratio
Winner
NVX
-0.01
GPACU
0.00
5Y EPS CAGR
NVX
28.12%
GPACU
N/A
Debt to Equity
NVX
63.19%
Winner
GPACU
-3.53%
Free Cash Flow Yield
NVX
N/A
GPACU
-11.12%
P/S Ratio
NVX
18.80
GPACU
N/A
P/B Ratio
NVX
0.64
GPACU
N/A
NVX vs GPACU - Historical Returns
Returns include dividend reinvestment.
1M
NVX
-12.23%
Winner
GPACU
+0.59%
3M
NVX
-43.75%
Winner
GPACU
+0.79%
6M
NVX
-62.45%
Winner
GPACU
+1.40%
1Y
NVX
-74.51%
GPACU
N/A
5Y(CAGR)
NVX
-58.94%
GPACU
N/A
Max(CAGR)
NVX
-58.94%
Winner
GPACU
+2.37%
NVX vs GPACU - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | NVX | GPACU |
|---|---|---|
| 2026 | -61.76% | +1.50% |
| 2025 | -47.12% | +0.10% |
| 2024 | -7.22% | N/A |
| 2023 | -50.26% | N/A |
| 2022 | -81.57% | N/A |
NVX vs GPACU Drawdown Comparison
The maximum drawdown for NVX was -98.19%, occurring on Jul 20, 2026. This drawdown has not yet recovered.
The maximum drawdown for GPACU was -1.48%, occurring on Feb 17, 2026. This drawdown has not yet recovered.
The current NVX drawdown is -98.13%.
| Rank | NVX | GPACU |
|---|---|---|
| #1 | -98.19% Feb 2, 2022 - Jul 20, 2026 | -1.48% Feb 2, 2026 - Feb 17, 2026 |
| #2 | N/A | -0.20% Dec 30, 2025 - Jan 27, 2026 |
| #3 | N/A | -0.20% Jan 28, 2026 - Feb 2, 2026 |
| #4 | N/A | -0.10% Dec 3, 2025 - Dec 30, 2025 |
Correlation
Correlation between NVX and GPACU is -0.84 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.84
-101
Select Stocks to Compare
Popular: NVX vs SPYGPACU vs SPY
More Comparisons
Compare with similar stocks