MTD vs. NVO
Compare and contrast key facts about Mettler-Toledo International Inc. (MTD) and Novo Nordisk A/S (NVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTD or NVO.
Correlation
The correlation between MTD and NVO is 0.24, 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.
Performance
MTD vs. NVO - Performance Comparison
Key characteristics
MTD:
0.32
NVO:
-0.58
MTD:
0.74
NVO:
-0.61
MTD:
1.09
NVO:
0.92
MTD:
0.32
NVO:
-0.47
MTD:
0.96
NVO:
-1.15
MTD:
10.69%
NVO:
18.92%
MTD:
31.98%
NVO:
37.13%
MTD:
-61.43%
NVO:
-71.31%
MTD:
-19.86%
NVO:
-42.30%
Fundamentals
MTD:
$28.79B
NVO:
$374.41B
MTD:
$37.11
NVO:
$2.96
MTD:
36.77
NVO:
28.53
MTD:
2.88
NVO:
1.41
MTD:
$2.83B
NVO:
$204.72B
MTD:
$1.65B
NVO:
$173.22B
MTD:
$884.24M
NVO:
$108.42B
Returns By Period
In the year-to-date period, MTD achieves a 11.50% return, which is significantly higher than NVO's -1.83% return. Both investments have delivered pretty close results over the past 10 years, with MTD having a 15.97% annualized return and NVO not far ahead at 16.56%.
MTD
11.50%
11.50%
-5.34%
11.47%
12.53%
15.97%
NVO
-1.83%
-1.83%
-33.51%
-26.27%
24.70%
16.56%
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Risk-Adjusted Performance
MTD vs. NVO — Risk-Adjusted Performance Rank
MTD
NVO
MTD vs. NVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) 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.
Dividends
MTD vs. NVO - Dividend Comparison
MTD has not paid dividends to shareholders, while NVO's dividend yield for the trailing twelve months is around 1.71%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTD Mettler-Toledo International 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% |
NVO Novo Nordisk A/S | 1.71% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
Drawdowns
MTD vs. NVO - Drawdown Comparison
The maximum MTD drawdown since its inception was -61.43%, smaller than the maximum NVO drawdown of -71.31%. Use the drawdown chart below to compare losses from any high point for MTD and NVO. For additional features, visit the drawdowns tool.
Volatility
MTD vs. NVO - Volatility Comparison
The current volatility for Mettler-Toledo International Inc. (MTD) is 6.72%, while Novo Nordisk A/S (NVO) has a volatility of 13.25%. This indicates that MTD 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.
Financials
MTD vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Mettler-Toledo International 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