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:
0.01
NVO:
0.15
MTD:
0.26
NVO:
0.44
MTD:
1.03
NVO:
1.05
MTD:
0.01
NVO:
0.14
MTD:
0.04
NVO:
0.35
MTD:
9.27%
NVO:
12.98%
MTD:
32.43%
NVO:
30.53%
MTD:
-61.43%
NVO:
-71.30%
MTD:
-29.16%
NVO:
-29.32%
Fundamentals
MTD:
$26.60B
NVO:
$486.49B
MTD:
$37.07
NVO:
$2.99
MTD:
34.01
NVO:
36.12
MTD:
2.66
NVO:
1.61
MTD:
$3.76B
NVO:
$270.58B
MTD:
$2.20B
NVO:
$229.07B
MTD:
$1.17B
NVO:
$135.97B
Returns By Period
In the year-to-date period, MTD achieves a -0.57% return, which is significantly lower than NVO's 1.09% return. Over the past 10 years, MTD has underperformed NVO with an annualized return of 14.92%, while NVO has yielded a comparatively higher 19.11% annualized return.
MTD
-0.57%
3.91%
-17.20%
1.61%
8.76%
14.92%
NVO
1.09%
0.79%
-26.36%
3.23%
31.11%
19.11%
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Risk-Adjusted Performance
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 1.40%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Novo Nordisk A/S | 1.40% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% | 1.72% |
Drawdowns
MTD vs. NVO - Drawdown Comparison
The maximum MTD drawdown since its inception was -61.43%, smaller than the maximum NVO drawdown of -71.30%. 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 5.45%, while Novo Nordisk A/S (NVO) has a volatility of 7.70%. 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