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CS.PA vs. NOVO-B.CO
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

CS.PA vs. NOVO-B.CO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in AXA SA (CS.PA) and Novo Nordisk A/S (NOVO-B.CO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

CS.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, CS.PA achieves a 5.73% return, which is significantly higher than NOVO-B.CO's -8.77% return. Over the past 10 years, CS.PA has underperformed NOVO-B.CO with an annualized return of 13.92%, while NOVO-B.CO has yielded a comparatively higher 17.26% annualized return.


CS.PA

1D
0.96%
1M
3.50%
YTD
5.73%
6M
7.25%
1Y
4.06%
3Y*
22.45%
5Y*
19.62%
10Y*
13.92%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CS.PA vs. NOVO-B.CO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CS.PA
AXA SA
5.73%25.73%23.53%20.24%6.17%42.63%-19.23%41.10%-19.51%7.98%
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 CS.PA and NOVO-B.CO is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.00

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.09

Correlation (10Y)
Calculated over the trailing 10-year period

0.09

Correlation (All Time)
Calculated using the full available price history since Sep 7, 2007

0.19

The correlation between CS.PA and NOVO-B.CO shifts across timeframes, from -0.00 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

CS.PA vs. NOVO-B.CO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CS.PA
CS.PA Risk / Return Rank: 4545
Overall Rank
CS.PA Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
CS.PA Sortino Ratio Rank: 4040
Sortino Ratio Rank
CS.PA Omega Ratio Rank: 4141
Omega Ratio Rank
CS.PA Calmar Ratio Rank: 4949
Calmar Ratio Rank
CS.PA Martin Ratio Rank: 4848
Martin Ratio Rank

NOVO-B.CO
NOVO-B.CO Risk / Return Rank: 1313
Overall Rank
NOVO-B.CO Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
NOVO-B.CO Sortino Ratio Rank: 1414
Sortino Ratio Rank
NOVO-B.CO Omega Ratio Rank: 1212
Omega Ratio Rank
NOVO-B.CO Calmar Ratio Rank: 1313
Calmar Ratio Rank
NOVO-B.CO Martin Ratio Rank: 1717
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CS.PA vs. NOVO-B.CO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXA SA (CS.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.


CS.PANOVO-B.CODifference
Sharpe ratioReturn per unit of total volatility

+0.95

Sortino ratioReturn per unit of downside risk

+1.26

Omega ratioGain probability vs. loss probability

1.05

0.87

+0.18

Calmar ratioReturn relative to maximum drawdown

0.25

-0.78

+1.03

Martin ratioReturn relative to average drawdown

0.42

-1.15

+1.58

CS.PA vs. NOVO-B.CO - Sharpe Ratio Comparison

The current CS.PA Sharpe Ratio is 0.17, which is higher than the NOVO-B.CO Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of CS.PA and NOVO-B.CO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

CS.PA vs. NOVO-B.CO - Drawdown Comparison

The maximum CS.PA drawdown since its inception was -76.72%, 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 CS.PA and NOVO-B.CO.


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Drawdown Indicators


CS.PANOVO-B.CODifference

Max Drawdown

Largest peak-to-trough decline

-76.72%

-76.81%

+0.09%

Max Drawdown (1Y)

Largest decline over 1 year

-13.69%

-54.72%

+41.03%

Max Drawdown (3Y)

Largest decline over 3 years

-13.69%

-76.81%

+63.12%

Max Drawdown (5Y)

Largest decline over 5 years

-24.39%

-76.81%

+52.42%

Max Drawdown (10Y)

Largest decline over 10 years

-51.02%

-76.81%

+25.79%

Current Drawdown

Current decline from peak

-0.21%

-70.26%

+70.05%

Average Drawdown

Average peak-to-trough decline

-17.10%

-11.90%

-5.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.99%

37.20%

-29.21%

Volatility

CS.PA vs. NOVO-B.CO - Volatility Comparison

The current volatility for AXA SA (CS.PA) is 4.55%, while Novo Nordisk A/S (NOVO-B.CO) has a volatility of 11.47%. This indicates that CS.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


CS.PANOVO-B.CODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.55%

11.47%

-6.92%

Volatility (6M)

Calculated over the trailing 6-month period

13.91%

39.57%

-25.66%

Volatility (1Y)

Calculated over the trailing 1-year period

20.00%

54.44%

-34.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.24%

58.61%

-37.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.85%

45.19%

-20.34%

Dividends

CS.PA vs. NOVO-B.CO - Dividend Comparison

CS.PA's dividend yield for the trailing twelve months is around 5.68%, more than NOVO-B.CO's 4.07% yield.


PositionTTM20252024202320222021202020192018201720162015
CS.PA
AXA SA
5.68%5.25%5.77%5.76%5.91%5.46%3.74%5.34%6.68%4.69%4.59%3.77%
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

CS.PA vs. NOVO-B.CO - Financials Comparison

This section allows you to compare key financial metrics between AXA 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Please note, different currencies. CS.PA values in EUR, NOVO-B.CO values in DKK

Frequently Asked Questions


CS.PA and NOVO-B.CO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

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