CLBT vs. NVO
CLBT (Cellebrite DI Ltd.) and NVO (Novo Nordisk A/S) are both stocks. CLBT operates in Software - Infrastructure (Technology), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 3 years, CLBT returned 26.12%/yr vs -15.59%/yr for NVO. At a 0.16 correlation, their price movements are largely independent.
Performance
CLBT vs. NVO - Performance Comparison
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Returns By Period
In the year-to-date period, CLBT achieves a -28.79% return, which is significantly lower than NVO's -10.74% return.
CLBT
- 1D
- 0.00%
- 1M
- 6.12%
- YTD
- -28.79%
- 6M
- -31.77%
- 1Y
- -20.94%
- 3Y*
- 26.12%
- 5Y*
- —
- 10Y*
- —
NVO
- 1D
- -0.18%
- 1M
- -6.80%
- YTD
- -10.74%
- 6M
- -9.50%
- 1Y
- -43.34%
- 3Y*
- -15.59%
- 5Y*
- 2.92%
- 10Y*
- 7.56%
CLBT vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CLBT Cellebrite DI Ltd. | -28.79% | -18.16% | 154.39% | 98.62% | -45.64% | -23.40% |
NVO Novo Nordisk A/S | -10.74% | -39.22% | -15.93% | 54.84% | 22.66% | 9.40% |
Correlation
The correlation between CLBT and NVO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2021 | 0.16 |
Fundamentals
CLBT:
$3.24B
NVO:
$195.21B
CLBT:
$0.29
NVO:
DKK 27.42
CLBT:
44.77
NVO:
10.34
CLBT:
0.09
NVO:
0.44
CLBT:
6.48
NVO:
3.85
CLBT:
6.34
NVO:
6.21
CLBT:
$496.43M
NVO:
DKK 327.80B
CLBT:
$416.33M
NVO:
DKK 268.30B
CLBT:
$84.98M
NVO:
DKK 181.54B
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Return for Risk
CLBT vs. NVO — Risk / Return Rank
CLBT
NVO
CLBT vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cellebrite DI Ltd. (CLBT) and Novo Nordisk A/S (NVO). 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.
| CLBT | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.85 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | -0.80 | +0.32 |
| Martin ratioReturn relative to average drawdown | -1.05 | -1.18 | +0.14 |
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Drawdowns
CLBT vs. NVO - Drawdown Comparison
The maximum CLBT drawdown since its inception was -67.74%, smaller than the maximum NVO drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for CLBT and NVO.
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Drawdown Indicators
| CLBT | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.74% | -74.70% | +6.96% |
Max Drawdown (1Y)Largest decline over 1 year | -43.61% | -54.34% | +10.73% |
Max Drawdown (3Y)Largest decline over 3 years | -57.58% | -74.70% | +17.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -74.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.70% | — |
Current DrawdownCurrent decline from peak | -50.62% | -68.11% | +17.49% |
Average DrawdownAverage peak-to-trough decline | -34.54% | -17.79% | -16.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.06% | 37.62% | -17.56% |
Volatility
CLBT vs. NVO - Volatility Comparison
Cellebrite DI Ltd. (CLBT) has a higher volatility of 20.18% compared to Novo Nordisk A/S (NVO) at 10.68%. This indicates that CLBT's price experiences larger fluctuations and is considered to be riskier than NVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLBT | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.18% | 10.68% | +9.50% |
Volatility (6M)Calculated over the trailing 6-month period | 40.18% | 38.04% | +2.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.73% | 51.88% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.28% | 38.33% | +11.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.28% | 32.56% | +17.72% |
Dividends
CLBT vs. NVO - Dividend Comparison
CLBT has not paid dividends to shareholders, while NVO's dividend yield for the trailing twelve months is around 4.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLBT Cellebrite DI Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVO Novo Nordisk A/S | 4.11% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
Financials
CLBT vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Cellebrite DI Ltd. 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
CLBT vs. NVO - Profitability Comparison
CLBT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cellebrite DI Ltd. reported a gross profit of 105.88M and revenue of 128.30M. Therefore, the gross margin over that period was 82.5%.
NVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported a gross profit of 83.23B and revenue of 96.82B. Therefore, the gross margin over that period was 86.0%.
CLBT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cellebrite DI Ltd. reported an operating income of 9.23M and revenue of 128.30M, resulting in an operating margin of 7.2%.
NVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported an operating income of 59.62B and revenue of 96.82B, resulting in an operating margin of 61.6%.
CLBT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cellebrite DI Ltd. reported a net income of 10.94M and revenue of 128.30M, resulting in a net margin of 8.5%.
NVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported a net income of 48.56B and revenue of 96.82B, resulting in a net margin of 50.2%.
Frequently Asked Questions
CLBT and NVO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLBT has higher volatility (20.18%) compared to NVO (10.68%). In terms of maximum drawdown, CLBT dropped -67.74% vs NVO's -74.70%.
CLBT currently has the higher Sharpe Ratio (-0.41 vs -0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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