Correlation Analysis
Nvidia Corp vs The Charles Schwab Corporation
NVDA vs SCHW
+0.575
Moderate positive
When one moves up, the other tends to follow.
Nvidia Corp
↗NVDA
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.
Market cap 4.3T
The Charles Schwab Corporation
↗SCHW
Charles Schwab is one of the largest retail-oriented financial-services companies in the US, with $11.9 trillion in client assets across its brokerage, banking, asset management, custody, financial advisory, and wealth-management businesses at the end of 2025. While best known for its retail brokerage offering, Schwab generates the lion's share of its revenue and profits through its Charles Schwab Bank and asset management segments. The firm is a dominant player in registered investment advisor custody, with over 40% market share, and has recently pushed into wealth management with robo-advisory, direct indexing, and other managed-investment solutions.
Market cap 161.6B · 33,000 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads SCHW by 6 days
NVDA tends to move before SCHW.
Best correlation after shifting: +0.575 (13 shifts scanned)
Do They Crash Together?
Correlation by Market Regime
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+0.312
14 periods · Return correlation when both series rose
Both Falling
+0.466
6 periods · Return correlation when both series fell
Diverging
-0.321
15 periods · Return correlation when series moved apart
R-Squared
33.0%
Share of variance in one series explained by the other.
Trend Agreement
60.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,254
Deep shared window — 1,254 usable pairs.
Significance
p < 0.001
95% CI: [0.537, 0.611]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired observations survived the daily window.
Raw input
1,254
1,254
Normalized
1,254
1,254
Prepared
1,254
1,254
Aligned
1,254
1,254
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
The Charles Schwab Corporation
SCHW
Market cap 161.6B · 33,000 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.1217
Linear regression slope.
Intercept
65.8854
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
NVDA
Nvidia Corp
Highest
+0.983
Arista Networks
ANET · 1,254 observations
Lowest
-0.910
United Parcel Service, Inc. Class B
UPS · 1,254 observations
SCHW
The Charles Schwab Corporation
Highest
+0.684
JPMorgan Chase & Co.
JPM · 1,254 observations
Lowest
+0.167
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-nvda-vs-stock-schw-daily-20260408-qkvh8z