AXP vs. NOV.DE
AXP (American Express Company) and NOV.DE (Novo Nordisk A/S) are both stocks. AXP operates in Credit Services (Financial Services), while NOV.DE operates in Biotechnology (Healthcare). Over the past 10 years, AXP returned 19.88%/yr vs 17.53%/yr for NOV.DE. At a 0.18 correlation, their price movements are largely independent.
Performance
AXP vs. NOV.DE - Performance Comparison
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Different Trading Currencies
AXP is traded in USD, while NOV.DE is traded in EUR. To make them comparable, the NOV.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with AXP having a -11.56% return and NOV.DE slightly lower at -11.73%. Over the past 10 years, AXP has outperformed NOV.DE with an annualized return of 19.88%, while NOV.DE has yielded a comparatively lower 17.53% annualized return.
AXP
- 1D
- 2.18%
- 1M
- 5.11%
- YTD
- -11.56%
- 6M
- -14.47%
- 1Y
- 10.36%
- 3Y*
- 24.40%
- 5Y*
- 16.02%
- 10Y*
- 19.88%
NOV.DE
- 1D
- 0.10%
- 1M
- -6.50%
- YTD
- -11.73%
- 6M
- -9.41%
- 1Y
- -43.15%
- 3Y*
- 6.73%
- 5Y*
- 19.17%
- 10Y*
- 17.53%
AXP vs. NOV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | -11.56% | 25.99% | 60.32% | 28.67% | -8.52% | 36.88% | -1.14% | 32.52% | -2.62% | 36.22% |
NOV.DE Novo Nordisk A/S | -11.73% | -38.90% | -14.63% | 211.15% | 25.23% | 62.99% | 27.33% | 36.04% | -11.70% | 59.25% |
Correlation
The correlation between AXP and NOV.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.18 |
The correlation between AXP and NOV.DE shifts across timeframes, from 0.18 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AXP vs. NOV.DE — Risk / Return Rank
AXP
NOV.DE
AXP vs. NOV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Express Company (AXP) and Novo Nordisk A/S (NOV.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AXP | NOV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.85 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | -0.80 | +1.23 |
| Martin ratioReturn relative to average drawdown | 0.93 | -1.18 | +2.11 |
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Drawdowns
AXP vs. NOV.DE - Drawdown Comparison
The maximum AXP drawdown since its inception was -83.91%, which is greater than NOV.DE's maximum drawdown of -74.44%. Use the drawdown chart below to compare losses from any high point for AXP and NOV.DE.
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Drawdown Indicators
| AXP | NOV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.91% | -74.44% | -9.47% |
Max Drawdown (1Y)Largest decline over 1 year | -23.90% | -53.90% | +30.00% |
Max Drawdown (3Y)Largest decline over 3 years | -28.76% | -74.44% | +45.68% |
Max Drawdown (5Y)Largest decline over 5 years | -31.55% | -74.44% | +42.89% |
Max Drawdown (10Y)Largest decline over 10 years | -49.64% | -74.44% | +24.80% |
Current DrawdownCurrent decline from peak | -14.99% | -67.97% | +52.98% |
Average DrawdownAverage peak-to-trough decline | -22.05% | -12.36% | -9.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.15% | 34.98% | -23.83% |
Volatility
AXP vs. NOV.DE - Volatility Comparison
The current volatility for American Express Company (AXP) is 6.90%, while Novo Nordisk A/S (NOV.DE) has a volatility of 9.91%. This indicates that AXP experiences smaller price fluctuations and is considered to be less risky than NOV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXP | NOV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.90% | 9.91% | -3.01% |
Volatility (6M)Calculated over the trailing 6-month period | 20.01% | 38.82% | -18.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.46% | 51.60% | -25.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.50% | 57.41% | -27.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.83% | 44.54% | -12.71% |
Dividends
AXP vs. NOV.DE - Dividend Comparison
AXP's dividend yield for the trailing twelve months is around 1.05%, less than NOV.DE's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | 1.05% | 0.85% | 0.91% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% |
NOV.DE Novo Nordisk A/S | 4.10% | 3.54% | 1.59% | 1.02% | 2.36% | 2.54% | 3.97% | 4.18% | 5.34% | 4.55% | 7.38% | 2.50% |
Financials
AXP vs. NOV.DE - Financials Comparison
This section allows you to compare key financial metrics between American Express Company and Novo Nordisk A/S. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
AXP and NOV.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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