NVX vs TFSA

Comparison between Novonix Ltd (NVX, Company) and Terra Income Fund 6, LLC 7.00% Notes due 2026 (TFSA, Company).

NVX vs TFSA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVX(COMPANY)	TFSA(COMPANY)
Market Cap	$98M	$124M
Max Drawdown	97.48%	55.49%
Sharpe Ratio	-0.11	-0.65
5Y Beta	1.67	N/A
Industry	Electrical Equipment & Parts	N/A
P/E Ratio	-0.75	30.15
PEG Ratio	-0.01	N/A
Dividend Yield	N/A	5.28%
5Y EPS CAGR	28.12%	N/A
Debt to Equity	70.49%	N/A
Free Cash Flow Yield	-80.39%	-0.36%
P/S Ratio	25.57	N/A
P/B Ratio	0.75	N/A

Market Cap

NVX

$98M

Winner

TFSA

$124M

Max Drawdown

NVX

97.48%

Winner

TFSA

55.49%

Sharpe Ratio

Winner

NVX

-0.11

TFSA

-0.65

5Y Beta

NVX

1.67

TFSA

N/A

Industry

NVX

Electrical Equipment & Parts

TFSA

N/A

P/E Ratio

Winner

NVX

-0.75

TFSA

30.15

PEG Ratio

NVX

-0.01

TFSA

N/A

Dividend Yield

NVX

N/A

TFSA

5.28%

5Y EPS CAGR

NVX

28.12%

TFSA

N/A

Debt to Equity

NVX

70.49%

TFSA

N/A

Free Cash Flow Yield

NVX

-80.39%

Winner

TFSA

-0.36%

P/S Ratio

NVX

25.57

TFSA

N/A

P/B Ratio

NVX

0.75

TFSA

N/A

NVX vs TFSA - Historical Returns

Returns include dividend reinvestment.

Period	NVX	TFSA
1 month	+4.32%	-36.40%
3 months	-16.87%	-36.95%
6 months	-32.35%	-35.97%
1 year	-42.02%	-33.35%
5 years(CAGR)	-54.95%	-3.20%
Max(CAGR)	-54.95%	-2.59%

Winner

NVX

+4.32%

TFSA

-36.40%

Winner

NVX

-16.87%

TFSA

-36.95%

Winner

NVX

-32.35%

TFSA

-35.97%

NVX

-42.02%

Winner

TFSA

-33.35%

5Y(CAGR)

NVX

-54.95%

Winner

TFSA

-3.20%

Max(CAGR)

NVX

-54.95%

Winner

TFSA

-2.59%

NVX vs TFSA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	NVX	TFSA
2026	-36.70%	-36.81%
2025	-47.12%	+9.45%
2024	-7.22%	+10.86%
2023	-50.26%	+10.51%
2022	-81.57%	-3.49%
2021	N/A	+7.02%

NVX vs TFSA Drawdown Comparison

The maximum drawdown for NVX was -97.48%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for TFSA was -51.94%, occurring on Mar 16, 2026. This drawdown has not yet recovered.

The current NVX drawdown is -96.90%. The current TFSA drawdown is -37.63%.

Rank	NVX	TFSA
#1	-97.48% Feb 2, 2022 - Jun 10, 2026	-51.94% Jan 22, 2026 - Mar 16, 2026
#2	N/A	-20.89% Sep 8, 2022 - Apr 3, 2023
#3	N/A	-10.33% Oct 2, 2023 - Jan 31, 2024
#4	N/A	-9.60% Mar 27, 2024 - Sep 16, 2024
#5	N/A	-9.28% Apr 3, 2023 - Jun 5, 2023
#6	N/A	-7.42% Jan 31, 2024 - Feb 29, 2024
#7	N/A	-6.67% Jun 14, 2023 - Oct 2, 2023
#8	N/A	-6.44% May 30, 2025 - Jul 30, 2025
#9	N/A	-6.07% Mar 18, 2022 - Aug 16, 2022
#10	N/A	-5.71% Mar 21, 2025 - May 30, 2025
#11	N/A	-4.23% Feb 29, 2024 - Mar 19, 2024
#12	N/A	-3.97% Aug 16, 2022 - Sep 8, 2022
#13	N/A	-3.84% Feb 3, 2025 - Mar 19, 2025
#14	N/A	-3.84% Sep 16, 2024 - Dec 30, 2024
#15	N/A	-3.71% Aug 17, 2021 - Dec 14, 2021

Correlation

Correlation between NVX and TFSA is -0.49 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.49

-101