Correlation
The correlation between MRUS and NVO is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
MRUS vs. NVO
Compare and contrast key facts about Merus N.V. (MRUS) and Novo Nordisk A/S (NVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRUS or NVO.
Performance
MRUS vs. NVO - Performance Comparison
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Key characteristics
MRUS:
-0.04
NVO:
-1.05
MRUS:
0.56
NVO:
-1.51
MRUS:
1.06
NVO:
0.81
MRUS:
0.05
NVO:
-0.76
MRUS:
0.10
NVO:
-1.34
MRUS:
22.30%
NVO:
34.06%
MRUS:
59.64%
NVO:
43.26%
MRUS:
-67.42%
NVO:
-71.29%
MRUS:
-6.86%
NVO:
-50.36%
Fundamentals
MRUS:
$3.88B
NVO:
$303.58B
MRUS:
-$4.16
NVO:
$3.54
MRUS:
0.00
NVO:
1.31
MRUS:
70.91
NVO:
1.00
MRUS:
6.50
NVO:
15.23
MRUS:
$54.73M
NVO:
$303.14B
MRUS:
$54.73M
NVO:
$255.65B
MRUS:
-$336.40M
NVO:
$154.08B
Returns By Period
In the year-to-date period, MRUS achieves a 33.34% return, which is significantly higher than NVO's -15.54% return.
MRUS
33.34%
23.37%
25.04%
5.32%
44.56%
32.65%
N/A
NVO
-15.54%
8.99%
-31.97%
-46.09%
10.66%
18.68%
11.78%
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Risk-Adjusted Performance
MRUS vs. NVO — Risk-Adjusted Performance Rank
MRUS
NVO
MRUS vs. NVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Merus N.V. (MRUS) 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.
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Dividends
MRUS vs. NVO - Dividend Comparison
MRUS has not paid dividends to shareholders, while NVO's dividend yield for the trailing twelve months is around 2.25%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
MRUS Merus N.V. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVO Novo Nordisk A/S | 2.25% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
Drawdowns
MRUS vs. NVO - Drawdown Comparison
The maximum MRUS drawdown since its inception was -67.42%, smaller than the maximum NVO drawdown of -71.29%. Use the drawdown chart below to compare losses from any high point for MRUS and NVO.
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Volatility
MRUS vs. NVO - Volatility Comparison
Merus N.V. (MRUS) has a higher volatility of 35.98% compared to Novo Nordisk A/S (NVO) at 13.11%. This indicates that MRUS'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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Financials
MRUS vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Merus N.V. 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