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:
0.15
NVO:
-0.66
MTD:
0.49
NVO:
-0.74
MTD:
1.06
NVO:
0.90
MTD:
0.15
NVO:
-0.53
MTD:
0.43
NVO:
-1.13
MTD:
11.37%
NVO:
22.13%
MTD:
31.92%
NVO:
38.07%
MTD:
-61.43%
NVO:
-71.32%
MTD:
-25.25%
NVO:
-38.06%
Fundamentals
MTD:
$26.21B
NVO:
$402.43B
MTD:
$40.48
NVO:
$3.19
MTD:
30.96
NVO:
27.97
MTD:
4.20
NVO:
1.43
MTD:
$3.87B
NVO:
$290.40B
MTD:
$2.29B
NVO:
$245.88B
MTD:
$1.25B
NVO:
$148.56B
Returns By Period
In the year-to-date period, MTD achieves a 4.01% return, which is significantly lower than NVO's 5.38% return. Over the past 10 years, MTD has underperformed NVO with an annualized return of 15.10%, while NVO has yielded a comparatively higher 16.81% annualized return.
MTD
4.01%
-6.73%
-11.56%
0.37%
11.98%
15.10%
NVO
5.38%
6.22%
-34.86%
-26.23%
26.39%
16.81%
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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 1.59%.
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 | 1.59% | 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 -71.32%. 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 7.88%, while Novo Nordisk A/S (NVO) has a volatility of 11.39%. 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