BNP.PA vs. NOVO-B.CO
BNP.PA (BNP Paribas SA) and NOVO-B.CO (Novo Nordisk A/S) are both stocks. BNP.PA operates in Banks - Regional (Financial Services), while NOVO-B.CO operates in Biotechnology (Healthcare). Over the past 10 years, BNP.PA returned 14.74%/yr vs 17.26%/yr for NOVO-B.CO. At a 0.14 correlation, their price movements are largely independent.
Performance
BNP.PA vs. NOVO-B.CO - Performance Comparison
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Different Trading Currencies
BNP.PA is traded in EUR, while NOVO-B.CO is traded in DKK. To make them comparable, the NOVO-B.CO values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, BNP.PA achieves a 23.23% return, which is significantly higher than NOVO-B.CO's -8.77% return. Over the past 10 years, BNP.PA has underperformed NOVO-B.CO with an annualized return of 14.74%, while NOVO-B.CO has yielded a comparatively higher 17.26% annualized return.
BNP.PA
- 1D
- 5.17%
- 1M
- 8.18%
- YTD
- 23.23%
- 6M
- 27.49%
- 1Y
- 36.77%
- 3Y*
- 27.31%
- 5Y*
- 19.64%
- 10Y*
- 14.74%
NOVO-B.CO
- 1D
- 1.61%
- 1M
- -4.08%
- YTD
- -8.77%
- 6M
- -7.60%
- 1Y
- -41.92%
- 3Y*
- 4.37%
- 5Y*
- 20.51%
- 10Y*
- 17.26%
BNP.PA vs. NOVO-B.CO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNP.PA BNP Paribas SA | 23.23% | 50.14% | 0.99% | 25.73% | -5.95% | 47.86% | -18.40% | 43.64% | -33.06% | 7.17% |
NOVO-B.CO Novo Nordisk A/S | -8.77% | -46.44% | -9.91% | 205.51% | 31.09% | 79.61% | 15.78% | 35.77% | -6.27% | 39.30% |
Correlation
The correlation between BNP.PA and NOVO-B.CO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2007 | 0.14 |
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Return for Risk
BNP.PA vs. NOVO-B.CO — Risk / Return Rank
BNP.PA
NOVO-B.CO
BNP.PA vs. NOVO-B.CO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas SA (BNP.PA) 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.
| BNP.PA | NOVO-B.CO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.98 | ||
| Sortino ratioReturn per unit of downside risk | +2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.87 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | -0.78 | +2.53 |
| Martin ratioReturn relative to average drawdown | 4.48 | -1.15 | +5.63 |
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Drawdowns
BNP.PA vs. NOVO-B.CO - Drawdown Comparison
The maximum BNP.PA drawdown since its inception was -75.39%, roughly equal to the maximum NOVO-B.CO drawdown of -76.81%. Use the drawdown chart below to compare losses from any high point for BNP.PA and NOVO-B.CO.
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Drawdown Indicators
| BNP.PA | NOVO-B.CO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.39% | -76.81% | +1.42% |
Max Drawdown (1Y)Largest decline over 1 year | -19.50% | -54.72% | +35.22% |
Max Drawdown (3Y)Largest decline over 3 years | -21.82% | -76.81% | +54.99% |
Max Drawdown (5Y)Largest decline over 5 years | -34.10% | -76.81% | +42.71% |
Max Drawdown (10Y)Largest decline over 10 years | -59.43% | -76.81% | +17.38% |
Current DrawdownCurrent decline from peak | 0.00% | -70.26% | +70.26% |
Average DrawdownAverage peak-to-trough decline | -23.60% | -11.90% | -11.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 37.20% | -29.54% |
Volatility
BNP.PA vs. NOVO-B.CO - Volatility Comparison
The current volatility for BNP Paribas SA (BNP.PA) is 7.86%, while Novo Nordisk A/S (NOVO-B.CO) has a volatility of 11.47%. This indicates that BNP.PA experiences smaller price fluctuations and is considered to be less risky than NOVO-B.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNP.PA | NOVO-B.CO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 11.47% | -3.61% |
Volatility (6M)Calculated over the trailing 6-month period | 21.27% | 39.57% | -18.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.55% | 54.44% | -25.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.50% | 58.61% | -30.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.19% | 45.19% | -14.00% |
Dividends
BNP.PA vs. NOVO-B.CO - Dividend Comparison
BNP.PA's dividend yield for the trailing twelve months is around 5.34%, more than NOVO-B.CO's 4.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNP.PA BNP Paribas SA | 5.34% | 9.13% | 7.77% | 6.23% | 6.89% | 4.38% | 0.00% | 5.72% | 7.65% | 4.34% | 3.82% | 2.87% |
NOVO-B.CO Novo Nordisk A/S | 4.07% | 3.58% | 1.59% | 1.01% | 2.38% | 2.54% | 4.03% | 4.22% | 5.27% | 4.54% | 7.38% | 2.50% |
Financials
BNP.PA vs. NOVO-B.CO - Financials Comparison
This section allows you to compare key financial metrics between BNP Paribas SA 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
BNP.PA and NOVO-B.CO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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