EVTL vs. NVO
EVTL (Vertical Aerospace Ltd.) and NVO (Novo Nordisk A/S) are both stocks. EVTL operates in Aerospace & Defense (Industrials), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 3 years, EVTL returned -57.13%/yr vs -11.59%/yr for NVO. At a 0.14 correlation, their price movements are largely independent.
Performance
EVTL vs. NVO - Performance Comparison
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Returns By Period
In the year-to-date period, EVTL achieves a -72.80% return, which is significantly lower than NVO's 4.72% return.
EVTL
- 1D
- -7.05%
- 1M
- -31.92%
- 6M
- -75.91%
- YTD
- -72.80%
- 1Y
- -74.52%
- 3Y*
- -57.13%
- 5Y*
- —
- 10Y*
- —
NVO
- 1D
- 1.82%
- 1M
- 18.21%
- 6M
- -6.72%
- YTD
- 4.72%
- 1Y
- -19.63%
- 3Y*
- -11.59%
- 5Y*
- 5.24%
- 10Y*
- 8.66%
EVTL vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EVTL Vertical Aerospace Ltd. | -72.80% | -57.63% | 82.85% | -79.71% | -49.63% | -25.06% |
NVO Novo Nordisk A/S | 4.72% | -39.22% | -15.93% | 54.84% | 22.66% | -0.73% |
Correlation
The correlation between EVTL and NVO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021 | 0.14 |
The correlation between EVTL and NVO shifts across timeframes, from 0.14 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
EVTL:
$146.98M
NVO:
$228.77B
EVTL:
-£1.93
NVO:
DKK 27.42
EVTL:
£0.00
NVO:
DKK 327.80B
EVTL:
-£11.01M
NVO:
DKK 268.30B
EVTL:
-£389.72M
NVO:
DKK 181.54B
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Return for Risk
EVTL vs. NVO — Risk / Return Rank
EVTL
NVO
EVTL vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vertical Aerospace Ltd. (EVTL) 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.
| EVTL | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.97 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | -0.40 | -0.53 |
| Martin ratioReturn relative to average drawdown | -1.62 | -0.62 | -1.00 |
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Drawdowns
EVTL vs. NVO - Drawdown Comparison
The maximum EVTL drawdown since its inception was -98.69%, which is greater than NVO's maximum drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for EVTL and NVO.
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Drawdown Indicators
| EVTL | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.69% | -74.70% | -23.99% |
Max Drawdown (1Y)Largest decline over 1 year | -80.08% | -49.17% | -30.91% |
Max Drawdown (3Y)Largest decline over 3 years | -92.41% | -74.70% | -17.71% |
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 | -98.69% | -62.59% | -36.10% |
Average DrawdownAverage peak-to-trough decline | -80.70% | -17.88% | -62.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.93% | 31.66% | +14.27% |
Volatility
EVTL vs. NVO - Volatility Comparison
Vertical Aerospace Ltd. (EVTL) has a higher volatility of 18.88% compared to Novo Nordisk A/S (NVO) at 8.89%. This indicates that EVTL'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
| EVTL | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.88% | 8.89% | +9.99% |
Volatility (6M)Calculated over the trailing 6-month period | 61.98% | 37.48% | +24.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.42% | 51.71% | +36.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 111.84% | 38.56% | +73.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 111.84% | 32.61% | +79.23% |
Dividends
EVTL vs. NVO - Dividend Comparison
EVTL has not paid dividends to shareholders, while NVO's dividend yield for the trailing twelve months is around 3.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVTL Vertical Aerospace 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 | 3.50% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
Financials
EVTL vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Vertical Aerospace 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
Frequently Asked Questions
EVTL and NVO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVTL has higher volatility (18.88%) compared to NVO (8.89%). In terms of maximum drawdown, EVTL dropped -98.69% vs NVO's -74.70%.
NVO currently has the higher Sharpe Ratio (-0.38 vs -0.86), 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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