GSK vs. NWG
GSK (GlaxoSmithKline plc) and NWG (NatWest Group plc) are both stocks. GSK operates in Drug Manufacturers - General (Healthcare), while NWG operates in Banks - Diversified (Financial Services). Over the past 10 years, GSK returned 4.29%/yr vs 14.96%/yr for NWG. At a 0.31 correlation, their price movements are largely independent.
Performance
GSK vs. NWG - Performance Comparison
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Returns By Period
In the year-to-date period, GSK achieves a 6.22% return, which is significantly higher than NWG's -3.51% return. Over the past 10 years, GSK has underperformed NWG with an annualized return of 4.29%, while NWG has yielded a comparatively higher 14.96% annualized return.
GSK
- 1D
- 3.12%
- 1M
- 2.57%
- YTD
- 6.22%
- 6M
- 7.25%
- 1Y
- 30.21%
- 3Y*
- 18.90%
- 5Y*
- 5.29%
- 10Y*
- 4.29%
NWG
- 1D
- 2.27%
- 1M
- 9.10%
- YTD
- -3.51%
- 6M
- 1.23%
- 1Y
- 19.41%
- 3Y*
- 45.74%
- 5Y*
- 29.95%
- 10Y*
- 14.96%
GSK vs. NWG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSK GlaxoSmithKline plc | 6.22% | 51.23% | -5.14% | 9.71% | -33.41% | 26.74% | -17.72% | 29.24% | 13.79% | -2.97% |
NWG NatWest Group plc | -3.51% | 81.29% | 92.31% | -4.69% | 11.23% | 39.24% | -24.92% | 29.18% | -26.25% | 38.16% |
Correlation
The correlation between GSK and NWG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2007 | 0.31 |
Fundamentals
GSK:
$104.44B
NWG:
$32.56B
GSK:
$2.85
NWG:
$2.95
GSK:
18.00
NWG:
5.48
GSK:
1.21
NWG:
0.21
GSK:
3.20
NWG:
1.11
GSK:
4.44
NWG:
0.75
GSK:
$32.78B
NWG:
$29.58B
GSK:
$23.87B
NWG:
$16.97B
GSK:
$11.30B
NWG:
$9.10B
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Return for Risk
GSK vs. NWG — Risk / Return Rank
GSK
NWG
GSK vs. NWG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GlaxoSmithKline plc (GSK) and NatWest Group plc (NWG). 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.
| GSK | NWG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.13 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 0.81 | +0.82 |
| Martin ratioReturn relative to average drawdown | 3.79 | 2.04 | +1.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GSK | NWG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 0.62 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.90 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.39 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | -0.11 | +0.43 |
Drawdowns
GSK vs. NWG - Drawdown Comparison
The maximum GSK drawdown since its inception was -55.70%, smaller than the maximum NWG drawdown of -96.96%. Use the drawdown chart below to compare losses from any high point for GSK and NWG.
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Drawdown Indicators
| GSK | NWG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.70% | -96.96% | +41.26% |
Max Drawdown (1Y)Largest decline over 1 year | -18.63% | -24.03% | +5.40% |
Max Drawdown (3Y)Largest decline over 3 years | -28.46% | -34.62% | +6.16% |
Max Drawdown (5Y)Largest decline over 5 years | -50.10% | -40.56% | -9.54% |
Max Drawdown (10Y)Largest decline over 10 years | -50.10% | -67.34% | +17.24% |
Current DrawdownCurrent decline from peak | -14.86% | -70.95% | +56.09% |
Average DrawdownAverage peak-to-trough decline | -18.87% | -86.22% | +67.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.99% | 9.53% | -1.54% |
Volatility
GSK vs. NWG - Volatility Comparison
The current volatility for GlaxoSmithKline plc (GSK) is 6.14%, while NatWest Group plc (NWG) has a volatility of 9.69%. This indicates that GSK experiences smaller price fluctuations and is considered to be less risky than NWG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSK | NWG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.14% | 9.69% | -3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 23.82% | -5.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.84% | 31.28% | -4.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.05% | 33.52% | -8.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.88% | 38.31% | -15.43% |
Dividends
GSK vs. NWG - Dividend Comparison
GSK's dividend yield for the trailing twelve months is around 3.37%, less than NWG's 5.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSK GlaxoSmithKline plc | 3.37% | 3.42% | 4.60% | 3.75% | 5.47% | 4.99% | 5.59% | 4.35% | 5.65% | 5.83% | 6.86% | 5.93% |
NWG NatWest Group plc | 5.41% | 3.69% | 4.36% | 9.42% | 11.57% | 2.74% | 4.59% | 9.75% | 0.91% | 0.00% | 0.00% | 0.00% |
Financials
GSK vs. NWG - Financials Comparison
This section allows you to compare key financial metrics between GlaxoSmithKline plc and NatWest Group plc. 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
GSK vs. NWG - Profitability Comparison
GSK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GlaxoSmithKline plc reported a gross profit of 5.75B and revenue of 7.63B. Therefore, the gross margin over that period was 75.4%.
NWG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NatWest Group plc reported a gross profit of 4.36B and revenue of 7.39B. Therefore, the gross margin over that period was 59.0%.
GSK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GlaxoSmithKline plc reported an operating income of 2.29B and revenue of 7.63B, resulting in an operating margin of 30.1%.
NWG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NatWest Group plc reported an operating income of 2.03B and revenue of 7.39B, resulting in an operating margin of 27.5%.
GSK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GlaxoSmithKline plc reported a net income of 1.74B and revenue of 7.63B, resulting in a net margin of 22.8%.
NWG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NatWest Group plc reported a net income of 1.51B and revenue of 7.39B, resulting in a net margin of 20.4%.
Frequently Asked Questions
GSK and NWG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NWG has higher volatility (9.69%) compared to GSK (6.14%). In terms of maximum drawdown, GSK dropped -55.70% vs NWG's -96.96%.
GSK currently has the higher Sharpe Ratio (1.13 vs 0.62), 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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