KTOS vs. NVS
KTOS (Kratos Defense & Security Solutions, Inc.) and NVS (Novartis AG) are both stocks. KTOS operates in Aerospace & Defense (Industrials), while NVS operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, KTOS returned 30.73%/yr vs 10.33%/yr for NVS. At a 0.17 correlation, their price movements are largely independent.
Performance
KTOS vs. NVS - Performance Comparison
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Returns By Period
In the year-to-date period, KTOS achieves a -23.95% return, which is significantly lower than NVS's 9.43% return. Over the past 10 years, KTOS has outperformed NVS with an annualized return of 30.73%, while NVS has yielded a comparatively lower 10.33% annualized return.
KTOS
- 1D
- -1.35%
- 1M
- -0.28%
- YTD
- -23.95%
- 6M
- -25.06%
- 1Y
- 42.65%
- 3Y*
- 59.41%
- 5Y*
- 16.85%
- 10Y*
- 30.73%
NVS
- 1D
- -1.84%
- 1M
- 0.27%
- YTD
- 9.43%
- 6M
- 15.91%
- 1Y
- 27.84%
- 3Y*
- 17.18%
- 5Y*
- 13.87%
- 10Y*
- 10.33%
KTOS vs. NVS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KTOS Kratos Defense & Security Solutions, Inc. | -23.95% | 187.76% | 30.01% | 96.61% | -46.80% | -29.27% | 52.30% | 27.82% | 33.05% | 43.11% |
NVS Novartis AG | 9.43% | 46.95% | 0.02% | 16.14% | 8.06% | -3.65% | 3.34% | 13.92% | 5.95% | 19.42% |
Correlation
The correlation between KTOS and NVS is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1999 | 0.17 |
The correlation between KTOS and NVS shifts across timeframes, from 0.01 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
KTOS:
$10.36B
NVS:
$280.54B
KTOS:
$0.17
NVS:
$6.99
KTOS:
335.24
NVS:
20.95
KTOS:
3.89
NVS:
1.42
KTOS:
6.96
NVS:
5.06
KTOS:
3.04
NVS:
7.28
KTOS:
$1.42B
NVS:
$56.05B
KTOS:
$259.40M
NVS:
$42.19B
KTOS:
$78.30M
NVS:
$22.40B
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Return for Risk
KTOS vs. NVS — Risk / Return Rank
KTOS
NVS
KTOS vs. NVS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kratos Defense & Security Solutions, Inc. (KTOS) and Novartis AG (NVS). 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.
| KTOS | NVS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.24 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 2.21 | -1.50 |
| Martin ratioReturn relative to average drawdown | 1.47 | 5.43 | -3.96 |
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
| KTOS | NVS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 1.36 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.74 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.53 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.14 | 0.42 | -0.55 |
Drawdowns
KTOS vs. NVS - Drawdown Comparison
The maximum KTOS drawdown since its inception was -99.81%, which is greater than NVS's maximum drawdown of -42.10%. Use the drawdown chart below to compare losses from any high point for KTOS and NVS.
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Drawdown Indicators
| KTOS | NVS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.81% | -42.10% | -57.71% |
Max Drawdown (1Y)Largest decline over 1 year | -60.15% | -12.65% | -47.50% |
Max Drawdown (3Y)Largest decline over 3 years | -60.15% | -19.95% | -40.20% |
Max Drawdown (5Y)Largest decline over 5 years | -69.39% | -20.42% | -48.97% |
Max Drawdown (10Y)Largest decline over 10 years | -72.74% | -26.03% | -46.71% |
Current DrawdownCurrent decline from peak | -96.34% | -10.52% | -85.82% |
Average DrawdownAverage peak-to-trough decline | -95.94% | -10.93% | -85.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.04% | 5.14% | +23.90% |
Volatility
KTOS vs. NVS - Volatility Comparison
Kratos Defense & Security Solutions, Inc. (KTOS) has a higher volatility of 23.93% compared to Novartis AG (NVS) at 6.16%. This indicates that KTOS's price experiences larger fluctuations and is considered to be riskier than NVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KTOS | NVS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.93% | 6.16% | +17.77% |
Volatility (6M)Calculated over the trailing 6-month period | 56.47% | 14.45% | +42.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.96% | 20.63% | +51.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.22% | 18.85% | +33.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.78% | 19.62% | +31.16% |
Dividends
KTOS vs. NVS - Dividend Comparison
KTOS has not paid dividends to shareholders, while NVS's dividend yield for the trailing twelve months is around 3.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KTOS Kratos Defense & Security Solutions, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVS Novartis AG | 3.26% | 2.90% | 3.84% | 3.44% | 3.70% | 3.86% | 3.22% | 3.03% | 3.47% | 3.24% | 3.73% | 3.10% |
Financials
KTOS vs. NVS - Financials Comparison
This section allows you to compare key financial metrics between Kratos Defense & Security Solutions, Inc. and Novartis AG. 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
KTOS vs. NVS - Profitability Comparison
KTOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.
NVS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Novartis AG reported a gross profit of 10.07B and revenue of 13.52B. Therefore, the gross margin over that period was 74.4%.
KTOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.
NVS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Novartis AG reported an operating income of 4.24B and revenue of 13.52B, resulting in an operating margin of 31.3%.
KTOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.
NVS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Novartis AG reported a net income of 3.16B and revenue of 13.52B, resulting in a net margin of 23.3%.
Frequently Asked Questions
KTOS and NVS have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KTOS has higher volatility (23.93%) compared to NVS (6.16%). In terms of maximum drawdown, KTOS dropped -99.81% vs NVS's -42.10%.
NVS currently has the higher Sharpe Ratio (1.36 vs 0.60), 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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