KKR vs. NVO
KKR (KKR & Co. Inc.) and NVO (Novo Nordisk A/S) are both stocks. KKR operates in Asset Management (Financial Services), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, KKR returned 23.37%/yr vs 8.18%/yr for NVO. At a 0.27 correlation, their price movements are largely independent.
Performance
KKR vs. NVO - Performance Comparison
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Returns By Period
In the year-to-date period, KKR achieves a -23.41% return, which is significantly lower than NVO's 0.91% return. Over the past 10 years, KKR has outperformed NVO with an annualized return of 23.37%, while NVO has yielded a comparatively lower 8.18% annualized return.
KKR
- 1D
- -3.93%
- 1M
- -0.04%
- 6M
- -25.71%
- YTD
- -23.41%
- 1Y
- -32.93%
- 3Y*
- 17.97%
- 5Y*
- 11.31%
- 10Y*
- 23.37%
- ALL TIME*
- 19.00%
NVO
- 1D
- -1.41%
- 1M
- 14.86%
- 6M
- -17.63%
- YTD
- 0.91%
- 1Y
- -19.26%
- 3Y*
- -13.51%
- 5Y*
- 4.43%
- 10Y*
- 8.18%
- ALL TIME*
- 14.52%
KKR vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | -23.41% | -13.32% | 79.65% | 80.48% | -36.98% | 85.76% | 41.13% | 51.57% | -4.28% | 41.78% |
NVO Novo Nordisk A/S | 0.91% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% | 28.70% | -12.98% | 52.92% |
Correlation
The correlation between KKR and NVO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2010 | 0.27 |
Fundamentals
KKR:
$87.07B
NVO:
$220.46B
KKR:
$3.10
NVO:
DKK 27.42
KKR:
31.26
NVO:
11.83
KKR:
3.30
NVO:
0.51
KKR:
4.63
NVO:
4.40
KKR:
1.15
NVO:
7.11
KKR:
$19.99B
NVO:
DKK 327.80B
KKR:
$8.35B
NVO:
DKK 268.30B
KKR:
$9.97B
NVO:
DKK 181.54B
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Return for Risk
KKR vs. NVO — Risk / Return Rank
KKR
NVO
KKR vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KKR & Co. Inc. (KKR) 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.
| KKR | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.97 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.39 | -0.35 |
| Martin ratioReturn relative to average drawdown | -1.22 | -0.61 | -0.61 |
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Drawdowns
KKR vs. NVO - Drawdown Comparison
The maximum KKR drawdown since its inception was -53.10%, smaller than the maximum NVO drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for KKR and NVO.
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Drawdown Indicators
| KKR | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.10% | -74.70% | +21.60% |
Max Drawdown (1Y)Largest decline over 1 year | -44.62% | -49.17% | +4.55% |
Max Drawdown (3Y)Largest decline over 3 years | -49.42% | -74.70% | +25.28% |
Max Drawdown (5Y)Largest decline over 5 years | -49.42% | -74.70% | +25.28% |
Max Drawdown (10Y)Largest decline over 10 years | -49.42% | -74.70% | +25.28% |
Current DrawdownCurrent decline from peak | -41.23% | -63.95% | +22.72% |
Average DrawdownAverage peak-to-trough decline | -16.37% | -17.89% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.11% | 31.75% | -4.64% |
Volatility
KKR vs. NVO - Volatility Comparison
KKR & Co. Inc. (KKR) has a higher volatility of 10.12% compared to Novo Nordisk A/S (NVO) at 9.48%. This indicates that KKR'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
| KKR | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.12% | 9.48% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 29.81% | 37.43% | -7.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.26% | 51.79% | -14.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.39% | 38.58% | +0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.60% | 32.63% | +3.97% |
Dividends
KKR vs. NVO - Dividend Comparison
KKR's dividend yield for the trailing twelve months is around 1.07%, less than NVO's 3.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | 1.07% | 0.57% | 0.47% | 0.78% | 1.31% | 0.77% | 1.31% | 1.71% | 3.23% | 3.18% | 4.16% | 10.13% |
NVO Novo Nordisk A/S | 3.63% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
Financials
KKR vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between KKR & Co. Inc. 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
KKR vs. NVO - Profitability Comparison
KKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, KKR & Co. Inc. reported a gross profit of 3.98B and revenue of 4.00B. Therefore, the gross margin over that period was 99.5%.
NVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Novo Nordisk A/S reported a gross profit of 83.23B and revenue of 96.82B. Therefore, the gross margin over that period was 86.0%.
KKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, KKR & Co. Inc. reported an operating income of 205.35M and revenue of 4.00B, resulting in an operating margin of 5.1%.
NVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Novo Nordisk A/S reported an operating income of 59.62B and revenue of 96.82B, resulting in an operating margin of 61.6%.
KKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, KKR & Co. Inc. reported a net income of 405.23M and revenue of 4.00B, resulting in a net margin of 10.1%.
NVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Novo Nordisk A/S reported a net income of 48.56B and revenue of 96.82B, resulting in a net margin of 50.2%.
Frequently Asked Questions
KKR and NVO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KKR has higher volatility (10.12%) compared to NVO (9.48%). In terms of maximum drawdown, KKR dropped -53.10% vs NVO's -74.70%.
NVO currently has the higher Sharpe Ratio (-0.37 vs -0.89), 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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