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EXV8.DE vs. NOVN.SW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EXV8.DE vs. NOVN.SW

Last updated Jun 5, 2026

EXV8.DE (iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)) is Industrials Equities fund tracking the STOXX® Europe 600 Construction & Materials, while NOVN.SW (Novartis AG) is a stock. Over the past 10 years, EXV8.DE returned 10.37%/yr vs 12.03%/yr for NOVN.SW. At a 0.33 correlation, their price movements are largely independent.

Performance

EXV8.DE vs. NOVN.SW - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) and Novartis AG (NOVN.SW). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EXV8.DE is traded in EUR, while NOVN.SW is traded in CHF. To make them comparable, the NOVN.SW values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EXV8.DE achieves a 1.00% return, which is significantly lower than NOVN.SW's 10.53% return. Over the past 10 years, EXV8.DE has underperformed NOVN.SW with an annualized return of 10.37%, while NOVN.SW has yielded a comparatively higher 12.03% annualized return.

EXV8.DE

1D
0.17%
1M
-2.48%
YTD
1.00%
6M
2.33%
1Y
6.66%
3Y*
15.58%
5Y*
9.70%
10Y*
10.37%

NOVN.SW

1D
2.28%
1M
2.01%
YTD
10.53%
6M
14.67%
1Y
25.68%
3Y*
16.62%
5Y*
16.82%
10Y*
12.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EXV8.DE vs. NOVN.SW - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EXV8.DE
iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)		1.00%25.00%6.42%33.57%-18.92%32.25%-2.02%42.92%-17.87%10.41%
NOVN.SW
Novartis AG		10.53%29.46%7.05%19.25%13.72%4.66%-5.25%33.39%10.55%6.41%

Correlation

The correlation between EXV8.DE and NOVN.SW 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

0.21

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

0.23

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

0.32

Correlation (All Time)
Calculated using the full available price history since Sep 3, 2007

0.33

The correlation between EXV8.DE and NOVN.SW shifts across timeframes, from 0.21 (3 years) to 0.33 (all time), reflecting how their relationship changes across market environments.

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iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)

Novartis AG

Often compared with EXV8.DE:
EXV8.DE vs. EXH2.DEEXV8.DE vs. SXRT.DEEXV8.DE vs. GLDEXV8.DE vs. E6BR.DEEXV8.DE vs. EXV7.DEEXV8.DE vs. ESIN.DEEXV8.DE vs. MHL.DE
Often compared with NOVN.SW:
NOVN.SW vs. NvoNOVN.SW vs. RHHBYNOVN.SW vs. NOVNOVN.SW vs. FLSWNOVN.SW vs. NESN.SWNOVN.SW vs. LLYNOVN.SW vs. VOO

Return for Risk

EXV8.DE vs. NOVN.SW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EXV8.DE
EXV8.DE Risk / Return Rank: 1515
Overall Rank
EXV8.DE Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
EXV8.DE Sortino Ratio Rank: 1616
Sortino Ratio Rank
EXV8.DE Omega Ratio Rank: 1515
Omega Ratio Rank
EXV8.DE Calmar Ratio Rank: 1515
Calmar Ratio Rank
EXV8.DE Martin Ratio Rank: 1616
Martin Ratio Rank
NOVN.SW
NOVN.SW Risk / Return Rank: 7575
Overall Rank
NOVN.SW Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
NOVN.SW Sortino Ratio Rank: 7272
Sortino Ratio Rank
NOVN.SW Omega Ratio Rank: 7272
Omega Ratio Rank
NOVN.SW Calmar Ratio Rank: 7777
Calmar Ratio Rank
NOVN.SW Martin Ratio Rank: 7777
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.

EXV8.DE vs. NOVN.SW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) and Novartis AG (NOVN.SW). 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.

EXV8.DENOVN.SWDifference
Sharpe ratioReturn per unit of total volatility
0.38
1.42

-1.04

Sortino ratioReturn per unit of downside risk
0.70
1.90

-1.20

Omega ratioGain probability vs. loss probability

1.08

1.25

-0.17

Calmar ratioReturn relative to maximum drawdown

0.49

2.31

-1.82

Martin ratioReturn relative to average drawdown

1.50

5.83

-4.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXV8.DE vs. NOVN.SW - Sharpe Ratio Comparison

The current EXV8.DE Sharpe Ratio is 0.38, which is lower than the NOVN.SW Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of EXV8.DE and NOVN.SW, 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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Sharpe Ratios by Period

EXV8.DENOVN.SWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.38

1.42

-1.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.92

-0.43

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.65

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.62

-0.18

Drawdowns

EXV8.DE vs. NOVN.SW - Drawdown Comparison

The maximum EXV8.DE drawdown since its inception was -66.09%, which is greater than NOVN.SW's maximum drawdown of -35.54%. Use the drawdown chart below to compare losses from any high point for EXV8.DE and NOVN.SW.

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Drawdown Indicators

EXV8.DENOVN.SWDifference

Max Drawdown

Largest peak-to-trough decline

-66.09%

-35.54%

-30.55%

Max Drawdown (1Y)

Largest decline over 1 year

-15.30%

-11.88%

-3.42%

Max Drawdown (3Y)

Largest decline over 3 years

-16.83%

-16.12%

-0.71%

Max Drawdown (5Y)

Largest decline over 5 years

-29.23%

-16.12%

-13.11%

Max Drawdown (10Y)

Largest decline over 10 years

-42.81%

-23.73%

-19.08%

Current Drawdown

Current decline from peak

-6.66%

-9.27%

+2.61%

Average Drawdown

Average peak-to-trough decline

-15.00%

-9.04%

-5.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.00%

4.67%

+0.33%

Volatility

EXV8.DE vs. NOVN.SW - Volatility Comparison

iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) and Novartis AG (NOVN.SW) have volatilities of 6.24% and 6.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EXV8.DENOVN.SWDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.24%

6.47%

-0.23%

Volatility (6M)

Calculated over the trailing 6-month period

16.12%

13.80%

+2.32%

Volatility (1Y)

Calculated over the trailing 1-year period

19.72%

19.30%

+0.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.47%

18.29%

+1.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.26%

18.54%

+1.72%

Dividends

EXV8.DE vs. NOVN.SW - Dividend Comparison

EXV8.DE's dividend yield for the trailing twelve months is around 1.39%, less than NOVN.SW's 3.19% yield.

PositionTTM20252024202320222021202020192018201720162015
EXV8.DE
iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)		1.39%1.39%1.69%1.59%1.78%1.34%0.53%1.55%1.66%2.87%2.80%2.79%
NOVN.SW
Novartis AG		3.19%3.19%3.72%3.77%3.91%3.94%3.72%3.27%3.98%3.98%4.35%3.58%

Frequently Asked Questions

EXV8.DE and NOVN.SW 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.

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