BNB-USD vs. NOVO-B.CO

Last updated Jun 14, 2026

BNB-USD (BNB) is a cryptocurrency, while NOVO-B.CO (Novo Nordisk A/S) is a stock. Over the past 5 years, BNB-USD returned 10.55%/yr vs 19.41%/yr for NOVO-B.CO. At a 0.05 correlation, their price movements are largely independent.

Performance

BNB-USD vs. NOVO-B.CO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNB (BNB-USD) and Novo Nordisk A/S (NOVO-B.CO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BNB-USD is traded in USD, while NOVO-B.CO is traded in DKK. To make them comparable, the NOVO-B.CO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BNB-USD achieves a -29.49% return, which is significantly lower than NOVO-B.CO's -10.15% return.

BNB-USD

• 1D: 0.91%
• 1M: -10.19%
• YTD: -29.49%
• 6M: -32.13%
• 1Y: -7.11%
• 3Y*: 36.86%
• 5Y*: 10.55%
• 10Y*: —

NOVO-B.CO

• 1D: 1.53%
• 1M: -5.28%
• YTD: -10.15%
• 6M: -8.95%
• 1Y: -41.84%
• 3Y*: 6.83%
• 5Y*: 19.41%
• 10Y*: 17.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BNB-USD vs. NOVO-B.CO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BNB-USD BNB	-29.49%	23.21%	124.36%	26.83%	-51.86%	1,277.47%	170.06%	126.63%	-29.71%	320.60%
NOVO-B.CO Novo Nordisk A/S	-10.15%	-39.54%	-15.04%	214.95%	23.90%	65.39%	27.16%	32.88%	-10.64%	8.06%

Correlation

The correlation between BNB-USD and NOVO-B.CO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017	0.05

Return for Risk

BNB-USD vs. NOVO-B.CO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNB-USD

BNB-USD Risk / Return Rank: 84
BNB-USD Sharpe Ratio Rank: 83
BNB-USD Sortino Ratio Rank: 83
BNB-USD Omega Ratio Rank: 82
BNB-USD Calmar Ratio Rank: 87
BNB-USD Martin Ratio Rank: 87

NOVO-B.CO

NOVO-B.CO Risk / Return Rank: 13
NOVO-B.CO Sharpe Ratio Rank: 10
NOVO-B.CO Sortino Ratio Rank: 14
NOVO-B.CO Omega Ratio Rank: 12
NOVO-B.CO Calmar Ratio Rank: 13
NOVO-B.CO Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNB-USD vs. NOVO-B.CO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNB (BNB-USD) and Novo Nordisk A/S (NOVO-B.CO). 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.

	BNB-USD	NOVO-B.CO	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	-0.77	+0.64
Sortino ratio: Return per unit of downside risk	0.18	-0.89	+1.07
Omega ratio: Gain probability vs. loss probability	1.02	0.88	+0.14
Calmar ratio: Return relative to maximum drawdown	-0.13	-0.79	+0.66
Martin ratio: Return relative to average drawdown	-0.20	-1.17	+0.97

BNB-USD vs. NOVO-B.CO - Sharpe Ratio Comparison

The current BNB-USD Sharpe Ratio is -0.13, which is higher than the NOVO-B.CO Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of BNB-USD and NOVO-B.CO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BNB-USD vs. NOVO-B.CO - Drawdown Comparison

The maximum BNB-USD drawdown since its inception was -79.74%, which is greater than NOVO-B.CO's maximum drawdown of -74.86%. Use the drawdown chart below to compare losses from any high point for BNB-USD and NOVO-B.CO.

Drawdown Indicators

	BNB-USD	NOVO-B.CO	Difference
Max Drawdown Largest peak-to-trough decline	-79.74%	-74.86%	-4.88%
Max Drawdown (1Y) Largest decline over 1 year	-56.24%	-54.48%	-1.76%
Max Drawdown (3Y) Largest decline over 3 years	-56.24%	-74.86%	+18.62%
Max Drawdown (5Y) Largest decline over 5 years	-69.89%	-74.86%	+4.97%
Max Drawdown (10Y) Largest decline over 10 years	—	-74.86%	—
Current Drawdown Current decline from peak	-53.42%	-67.88%	+14.46%
Average Drawdown Average peak-to-trough decline	-38.71%	-12.38%	-26.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.27%	36.72%	+5.55%

Volatility

BNB-USD vs. NOVO-B.CO - Volatility Comparison

BNB (BNB-USD) has a higher volatility of 17.28% compared to Novo Nordisk A/S (NOVO-B.CO) at 12.08%. This indicates that BNB-USD's price experiences larger fluctuations and is considered to be riskier than NOVO-B.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNB-USD	NOVO-B.CO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.28%	12.08%	+5.20%
Volatility (6M) Calculated over the trailing 6-month period	34.73%	40.71%	-5.98%
Volatility (1Y) Calculated over the trailing 1-year period	44.38%	55.70%	-11.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.42%	58.93%	-8.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.06%	45.48%	+34.58%

Frequently Asked Questions

Can I hold both BNB-USD and NOVO-B.CO in my portfolio?

BNB-USD and NOVO-B.CO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.