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BNS vs. NVS

Last updated Jun 2, 2023

Compare and contrast key facts about The Bank of Nova Scotia (BNS) and Novartis AG (NVS).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNS or NVS.

Key characteristics


BNSNVS
YTD Return2.67%11.70%
1Y Return-23.32%13.04%
5Y Return (Ann)1.33%11.97%
10Y Return (Ann)3.28%8.25%
Sharpe Ratio-0.970.58
Daily Std Dev24.19%19.73%
Max Drawdown-63.81%-41.87%

Fundamentals


BNSNVS
Market Cap$59.15B$205.84B
EPS$4.97$3.26
PE Ratio9.8129.79
PEG Ratio2.485.77
Revenue (TTM)$29.32B$52.22B
Gross Profit (TTM)$29.80B$36.74B

Correlation

0.35
-1.001.00

The correlation between BNS and NVS is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

BNS vs. NVS - Performance Comparison

In the year-to-date period, BNS achieves a 2.67% return, which is significantly lower than NVS's 11.70% return. Over the past 10 years, BNS has underperformed NVS with an annualized return of 3.28%, while NVS has yielded a comparatively higher 8.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%2023FebruaryMarchAprilMayJune
-1.80%
12.60%
BNS
NVS

Compare stocks, funds, or ETFs


The Bank of Nova Scotia

Novartis AG

BNS vs. NVS - Dividend Comparison

BNS's dividend yield for the trailing twelve months is around 9.55%, more than NVS's 7.03% yield.


TTM20222021202020192018201720162015201420132012
BNS
The Bank of Nova Scotia
9.55%6.60%4.35%5.63%4.28%6.41%4.92%5.44%11.50%6.26%4.46%6.32%
NVS
Novartis AG
7.03%3.86%4.20%3.64%3.18%4.26%4.16%5.00%4.49%4.14%4.59%5.89%

BNS vs. NVS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS) and Novartis AG (NVS). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BNS
The Bank of Nova Scotia
-0.97
NVS
Novartis AG
0.58

BNS vs. NVS - Sharpe Ratio Comparison

The current BNS Sharpe Ratio is -0.97, which is lower than the NVS Sharpe Ratio of 0.58. The chart below compares the 12-month rolling Sharpe Ratio of BNS and NVS.


-1.00-0.500.000.501.001.502023FebruaryMarchAprilMayJune
-0.97
0.58
BNS
NVS

BNS vs. NVS - Drawdown Comparison

The maximum BNS drawdown for the period was -34.05%, lower than the maximum NVS drawdown of -11.16%. The drawdown chart below compares losses from any high point along the way for BNS and NVS


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%2023FebruaryMarchAprilMayJune
-29.76%
-7.43%
BNS
NVS

BNS vs. NVS - Volatility Comparison

The Bank of Nova Scotia (BNS) has a higher volatility of 5.88% compared to Novartis AG (NVS) at 3.37%. This indicates that BNS's price experiences larger fluctuations and is considered to be riskier than NVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%2023FebruaryMarchAprilMayJune
5.88%
3.37%
BNS
NVS