CRWD vs. NVO
CRWD (CrowdStrike Holdings, Inc.) and NVO (Novo Nordisk A/S) are both stocks. CRWD operates in Software - Infrastructure (Technology), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 5 years, CRWD returned 24.18%/yr vs 2.92%/yr for NVO. At a 0.21 correlation, their price movements are largely independent.
Performance
CRWD vs. NVO - Performance Comparison
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Returns By Period
In the year-to-date period, CRWD achieves a 45.66% return, which is significantly higher than NVO's -10.74% return.
CRWD
- 1D
- -1.26%
- 1M
- 21.37%
- YTD
- 45.66%
- 6M
- 35.27%
- 1Y
- 41.74%
- 3Y*
- 64.60%
- 5Y*
- 24.18%
- 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%
CRWD vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 45.66% | 37.00% | 34.01% | 142.49% | -48.58% | -3.34% | 324.74% | -21.46% |
NVO Novo Nordisk A/S | -10.74% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% | 13.19% |
Correlation
The correlation between CRWD and NVO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | 0.21 |
Fundamentals
CRWD:
$176.08B
NVO:
$195.21B
CRWD:
-$0.02
NVO:
DKK 27.42
CRWD:
34.09
NVO:
3.85
CRWD:
38.00
NVO:
6.21
CRWD:
$5.09B
NVO:
DKK 327.80B
CRWD:
$3.82B
NVO:
DKK 268.30B
CRWD:
$246.78M
NVO:
DKK 181.54B
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Return for Risk
CRWD vs. NVO — Risk / Return Rank
CRWD
NVO
CRWD vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CrowdStrike Holdings, Inc. (CRWD) 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.
| CRWD | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.85 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | -0.80 | +1.93 |
| Martin ratioReturn relative to average drawdown | 2.57 | -1.18 | +3.75 |
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Drawdowns
CRWD vs. NVO - Drawdown Comparison
The maximum CRWD drawdown since its inception was -67.69%, smaller than the maximum NVO drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for CRWD and NVO.
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Drawdown Indicators
| CRWD | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.69% | -74.70% | +7.01% |
Max Drawdown (1Y)Largest decline over 1 year | -37.18% | -54.34% | +17.16% |
Max Drawdown (3Y)Largest decline over 3 years | -44.44% | -74.70% | +30.26% |
Max Drawdown (5Y)Largest decline over 5 years | -67.69% | -74.70% | +7.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.70% | — |
Current DrawdownCurrent decline from peak | -12.70% | -68.11% | +55.41% |
Average DrawdownAverage peak-to-trough decline | -23.61% | -17.79% | -5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.29% | 37.62% | -21.33% |
Volatility
CRWD vs. NVO - Volatility Comparison
CrowdStrike Holdings, Inc. (CRWD) has a higher volatility of 18.47% compared to Novo Nordisk A/S (NVO) at 10.68%. This indicates that CRWD'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
| CRWD | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.47% | 10.68% | +7.79% |
Volatility (6M)Calculated over the trailing 6-month period | 37.66% | 38.04% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.48% | 51.88% | -6.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.78% | 38.33% | +12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.07% | 32.56% | +23.51% |
Dividends
CRWD vs. NVO - Dividend Comparison
CRWD 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 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
CRWD vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between CrowdStrike Holdings, Inc. 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
CRWD vs. NVO - Profitability Comparison
CRWD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported a gross profit of 1.04B and revenue of 1.39B. Therefore, the gross margin over that period was 75.3%.
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%.
CRWD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported an operating income of -30.60M and revenue of 1.39B, resulting in an operating margin of -2.2%.
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%.
CRWD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported a net income of 45.97M and revenue of 1.39B, resulting in a net margin of 3.3%.
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
CRWD and NVO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRWD has higher volatility (18.47%) compared to NVO (10.68%). In terms of maximum drawdown, CRWD dropped -67.69% vs NVO's -74.70%.
CRWD currently has the higher Sharpe Ratio (0.92 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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