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 -54.63%/yr vs -13.17%/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 -68.11% return, which is significantly lower than NVO's -3.09% return.
EVTL
- 1D
- -8.60%
- 1M
- -37.73%
- YTD
- -68.11%
- 6M
- -69.03%
- 1Y
- -67.18%
- 3Y*
- -54.63%
- 5Y*
- —
- 10Y*
- —
NVO
- 1D
- 0.49%
- 1M
- 7.81%
- YTD
- -3.09%
- 6M
- -6.19%
- 1Y
- -25.97%
- 3Y*
- -13.17%
- 5Y*
- 5.04%
- 10Y*
- 8.71%
EVTL vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EVTL Vertical Aerospace Ltd. | -68.11% | -57.63% | 82.85% | -79.71% | -49.63% | -25.06% |
NVO Novo Nordisk A/S | -3.09% | -39.22% | -15.93% | 54.84% | 22.66% | -0.73% |
Correlation
The correlation between EVTL and NVO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
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 0.26 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
EVTL:
$242.25M
NVO:
$211.94B
EVTL:
-£2.12
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 | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.94 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | -0.53 | -0.35 |
| Martin ratioReturn relative to average drawdown | -1.57 | -0.84 | -0.73 |
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Drawdowns
EVTL vs. NVO - Drawdown Comparison
The maximum EVTL drawdown since its inception was -98.46%, 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 | -98.46% | -74.70% | -23.76% |
Max Drawdown (1Y)Largest decline over 1 year | -76.65% | -49.17% | -27.48% |
Max Drawdown (3Y)Largest decline over 3 years | -91.50% | -74.70% | -16.80% |
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 | -98.46% | -65.38% | -33.08% |
Average DrawdownAverage peak-to-trough decline | -80.48% | -17.82% | -62.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.68% | 30.98% | +11.70% |
Volatility
EVTL vs. NVO - Volatility Comparison
Vertical Aerospace Ltd. (EVTL) has a higher volatility of 18.89% compared to Novo Nordisk A/S (NVO) at 11.82%. 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 | 18.89% | 11.82% | +7.07% |
Volatility (6M)Calculated over the trailing 6-month period | 62.30% | 38.40% | +23.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.51% | 51.76% | +43.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.30% | 38.48% | +73.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.30% | 32.57% | +79.73% |
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 3.78%.
| 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 | 3.78% | 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 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVTL has higher volatility (18.89%) compared to NVO (11.82%). In terms of maximum drawdown, EVTL dropped -98.46% vs NVO's -74.70%.
NVO currently has the higher Sharpe Ratio (-0.51 vs -0.71), 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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