BNS vs. NVS
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
| BNS | NVS | |
|---|---|---|
| YTD Return | 2.67% | 11.70% |
| 1Y Return | -23.32% | 13.04% |
| 5Y Return (Ann) | 1.33% | 11.97% |
| 10Y Return (Ann) | 3.28% | 8.25% |
| Sharpe Ratio | -0.97 | 0.58 |
| Daily Std Dev | 24.19% | 19.73% |
| Max Drawdown | -63.81% | -41.87% |
Fundamentals
| BNS | NVS | |
|---|---|---|
| Market Cap | $59.15B | $205.84B |
| EPS | $4.97 | $3.26 |
| PE Ratio | 9.81 | 29.79 |
| PEG Ratio | 2.48 | 5.77 |
| Revenue (TTM) | $29.32B | $52.22B |
| Gross Profit (TTM) | $29.80B | $36.74B |
Correlation
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.
Compare stocks, funds, or ETFs
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.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BNS The Bank of Nova Scotia | -0.97 | ||||
NVS Novartis AG | 0.58 |
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
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.