LVMUY vs. NVO
LVMUY (LVMH Moët Hennessy - Louis Vuitton, Société Européenne) and NVO (Novo Nordisk A/S) are both stocks. LVMUY operates in Luxury Goods (Consumer Cyclical), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, LVMUY returned 16.89%/yr vs 7.56%/yr for NVO. At a 0.33 correlation, their price movements are largely independent.
Performance
LVMUY vs. NVO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LVMUY achieves a -20.15% return, which is significantly lower than NVO's -10.74% return. Over the past 10 years, LVMUY has outperformed NVO with an annualized return of 16.89%, while NVO has yielded a comparatively lower 7.56% annualized return.
LVMUY
- 1D
- 1.22%
- 1M
- 12.73%
- YTD
- -20.15%
- 6M
- -18.10%
- 1Y
- 14.57%
- 3Y*
- -11.36%
- 5Y*
- -4.29%
- 10Y*
- 16.89%
NVO
- 1D
- -0.18%
- 1M
- -1.92%
- YTD
- -10.74%
- 6M
- -9.50%
- 1Y
- -42.47%
- 3Y*
- -15.59%
- 5Y*
- 2.92%
- 10Y*
- 7.56%
LVMUY vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LVMUY LVMH Moët Hennessy - Louis Vuitton, Société Européenne | -20.15% | 18.11% | -18.01% | 13.89% | -10.84% | 34.13% | 36.97% | 62.30% | 1.61% | 59.50% |
NVO Novo Nordisk A/S | -10.74% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% | 28.70% | -12.98% | 52.92% |
Correlation
The correlation between LVMUY and NVO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.33 |
Fundamentals
LVMUY:
€18.76
NVO:
DKK 27.42
LVMUY:
5.46
NVO:
10.34
LVMUY:
0.77
NVO:
3.85
LVMUY:
€165.19B
NVO:
DKK 327.80B
LVMUY:
€110.09B
NVO:
DKK 268.30B
LVMUY:
€44.58B
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
LVMUY vs. NVO — Risk / Return Rank
LVMUY
NVO
LVMUY vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY) 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.
| LVMUY | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.85 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.39 | -0.80 | +1.18 |
| Martin ratioReturn relative to average drawdown | 0.77 | -1.18 | +1.96 |
Loading charts...
Drawdowns
LVMUY vs. NVO - Drawdown Comparison
The maximum LVMUY drawdown since its inception was -80.82%, which is greater than NVO's maximum drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for LVMUY and NVO.
Loading charts...
Drawdown Indicators
| LVMUY | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.82% | -74.70% | -6.12% |
Max Drawdown (1Y)Largest decline over 1 year | -31.47% | -54.34% | +22.87% |
Max Drawdown (3Y)Largest decline over 3 years | -46.56% | -74.70% | +28.14% |
Max Drawdown (5Y)Largest decline over 5 years | -46.56% | -74.70% | +28.14% |
Max Drawdown (10Y)Largest decline over 10 years | -46.56% | -74.70% | +28.14% |
Current DrawdownCurrent decline from peak | -36.56% | -68.11% | +31.55% |
Average DrawdownAverage peak-to-trough decline | -20.61% | -17.79% | -2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.61% | 37.62% | -22.01% |
Volatility
LVMUY vs. NVO - Volatility Comparison
The current volatility for LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY) is 9.37%, while Novo Nordisk A/S (NVO) has a volatility of 10.68%. This indicates that LVMUY 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
| LVMUY | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.37% | 10.68% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 23.07% | 38.04% | -14.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.63% | 51.88% | -19.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.56% | 38.33% | -5.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.96% | 32.56% | -1.60% |
Dividends
LVMUY vs. NVO - Dividend Comparison
LVMUY's dividend yield for the trailing twelve months is around 2.54%, less than NVO's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LVMUY LVMH Moët Hennessy - Louis Vuitton, Société Européenne | 2.54% | 1.92% | 2.14% | 1.65% | 1.78% | 0.99% | 1.64% | 1.49% | 2.21% | 2.67% | 4.16% | 12.95% |
NVO Novo Nordisk A/S | 4.11% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
Financials
LVMUY vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between LVMH Moët Hennessy - Louis Vuitton, Société Européenne 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
LVMUY vs. NVO - Profitability Comparison
LVMUY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LVMH Moët Hennessy - Louis Vuitton, Société Européenne reported a gross profit of 26.72B and revenue of 40.69B. Therefore, the gross margin over that period was 65.7%.
NVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
LVMUY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LVMH Moët Hennessy - Louis Vuitton, Société Européenne reported an operating income of 8.63B and revenue of 40.69B, resulting in an operating margin of 21.2%.
NVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
LVMUY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LVMH Moët Hennessy - Louis Vuitton, Société Européenne reported a net income of 5.14B and revenue of 40.69B, resulting in a net margin of 12.6%.
NVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
LVMUY and NVO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVO has higher volatility (10.68%) compared to LVMUY (9.37%). In terms of maximum drawdown, LVMUY dropped -80.82% vs NVO's -74.70%.
LVMUY currently has the higher Sharpe Ratio (0.37 vs -0.84), 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 LVMUY 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