LNG vs. NVO
LNG (Cheniere Energy, Inc.) and NVO (Novo Nordisk A/S) are both stocks. LNG operates in Oil & Gas Midstream (Energy), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, LNG returned 20.96%/yr vs 8.13%/yr for NVO. At a 0.09 correlation, their price movements are largely independent.
Performance
LNG vs. NVO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LNG achieves a 35.75% return, which is significantly higher than NVO's 0.44% return. Over the past 10 years, LNG has outperformed NVO with an annualized return of 20.96%, while NVO has yielded a comparatively lower 8.13% annualized return.
LNG
- 1D
- -0.89%
- 1M
- 15.66%
- 6M
- 29.97%
- YTD
- 35.75%
- 1Y
- 17.10%
- 3Y*
- 19.58%
- 5Y*
- 26.69%
- 10Y*
- 20.96%
- ALL TIME*
- 12.85%
NVO
- 1D
- -0.46%
- 1M
- 14.33%
- 6M
- -15.78%
- YTD
- 0.44%
- 1Y
- -20.39%
- 3Y*
- -13.64%
- 5Y*
- 4.47%
- 10Y*
- 8.13%
- ALL TIME*
- 14.50%
LNG vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LNG Cheniere Energy, Inc. | 35.75% | -8.70% | 27.18% | 15.02% | 49.30% | 69.48% | -1.70% | 3.18% | 9.94% | 29.95% |
NVO Novo Nordisk A/S | 0.44% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% | 28.70% | -12.98% | 52.92% |
Correlation
The correlation between LNG and NVO is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 1997 | 0.09 |
The correlation between LNG and NVO shifts across timeframes, from -0.03 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LNG:
$55.03B
NVO:
$219.43B
LNG:
$6.86
NVO:
DKK 27.42
LNG:
38.29
NVO:
11.79
LNG:
0.21
NVO:
0.51
LNG:
2.79
NVO:
4.39
LNG:
14.72
NVO:
7.08
LNG:
$20.28B
NVO:
DKK 327.80B
LNG:
$5.52B
NVO:
DKK 268.30B
LNG:
$5.81B
NVO:
DKK 181.54B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LNG vs. NVO — Risk / Return Rank
LNG
NVO
LNG vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cheniere Energy, Inc. (LNG) 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.
| LNG | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.97 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | -0.42 | +1.13 |
| Martin ratioReturn relative to average drawdown | 1.35 | -0.64 | +1.99 |
Loading charts...
Drawdowns
LNG vs. NVO - Drawdown Comparison
The maximum LNG drawdown since its inception was -97.84%, which is greater than NVO's maximum drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for LNG and NVO.
Loading charts...
Drawdown Indicators
| LNG | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.84% | -74.70% | -23.14% |
Max Drawdown (1Y)Largest decline over 1 year | -24.09% | -49.17% | +25.08% |
Max Drawdown (3Y)Largest decline over 3 years | -24.87% | -74.70% | +49.83% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | -74.70% | +49.83% |
Max Drawdown (10Y)Largest decline over 10 years | -57.53% | -74.70% | +17.17% |
Current DrawdownCurrent decline from peak | -11.35% | -64.12% | +52.77% |
Average DrawdownAverage peak-to-trough decline | -43.05% | -17.89% | -25.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.69% | 31.80% | -19.11% |
Volatility
LNG vs. NVO - Volatility Comparison
The current volatility for Cheniere Energy, Inc. (LNG) is 7.79%, while Novo Nordisk A/S (NVO) has a volatility of 9.44%. This indicates that LNG experiences smaller price fluctuations and is considered to be less risky than NVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LNG | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 9.44% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 22.58% | 36.36% | -13.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.87% | 51.69% | -24.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.33% | 38.57% | -8.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.28% | 32.63% | -0.35% |
Dividends
LNG vs. NVO - Dividend Comparison
LNG's dividend yield for the trailing twelve months is around 0.82%, less than NVO's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LNG Cheniere Energy, Inc. | 0.82% | 1.06% | 0.84% | 0.95% | 0.92% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVO Novo Nordisk A/S | 3.65% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
Financials
LNG vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Cheniere Energy, 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
LNG vs. NVO - Profitability Comparison
LNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Cheniere Energy, Inc. reported a gross profit of 0.00 and revenue of 5.87B. Therefore, the gross margin over that period was 0.0%.
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%.
LNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Cheniere Energy, Inc. reported an operating income of -3.49B and revenue of 5.87B, resulting in an operating margin of -59.4%.
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%.
LNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Cheniere Energy, Inc. reported a net income of -3.50B and revenue of 5.87B, resulting in a net margin of -59.7%.
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
LNG and NVO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVO has higher volatility (9.44%) compared to LNG (7.79%). In terms of maximum drawdown, LNG dropped -97.84% vs NVO's -74.70%.
LNG currently has the higher Sharpe Ratio (0.66 vs -0.40), 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.
Find the right allocation for LNG and NVO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer