NBIX vs. SHW
NBIX (Neurocrine Biosciences, Inc.) and SHW (The Sherwin-Williams Company) are both stocks. NBIX operates in Drug Manufacturers - Specialty & Generic (Healthcare), while SHW operates in Specialty Chemicals (Basic Materials). Over the past 10 years, NBIX returned 13.16%/yr vs 13.58%/yr for SHW. At a 0.22 correlation, their price movements are largely independent.
Performance
NBIX vs. SHW - Performance Comparison
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Returns By Period
In the year-to-date period, NBIX achieves a 12.64% return, which is significantly higher than SHW's -1.61% return. Both investments have delivered pretty close results over the past 10 years, with NBIX having a 13.16% annualized return and SHW not far ahead at 13.58%.
NBIX
- 1D
- -1.81%
- 1M
- -0.97%
- YTD
- 12.64%
- 6M
- 4.55%
- 1Y
- 27.80%
- 3Y*
- 18.64%
- 5Y*
- 10.13%
- 10Y*
- 13.16%
SHW
- 1D
- 0.13%
- 1M
- 3.85%
- YTD
- -1.61%
- 6M
- -3.00%
- 1Y
- -10.09%
- 3Y*
- 9.64%
- 5Y*
- 3.70%
- 10Y*
- 13.58%
NBIX vs. SHW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NBIX Neurocrine Biosciences, Inc. | 12.64% | 3.90% | 3.60% | 10.31% | 40.24% | -11.14% | -10.83% | 50.53% | -7.96% | 100.49% |
SHW The Sherwin-Williams Company | -1.61% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
Correlation
The correlation between NBIX and SHW is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 23, 1996 | 0.22 |
The correlation between NBIX and SHW shifts across timeframes, from 0.09 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NBIX:
$16.52B
SHW:
$78.72B
NBIX:
$6.53
SHW:
$10.42
NBIX:
24.46
SHW:
30.45
NBIX:
0.48
SHW:
2.96
NBIX:
5.27
SHW:
3.31
NBIX:
4.85
SHW:
17.77
NBIX:
$3.10B
SHW:
$23.94B
NBIX:
$3.05B
SHW:
$11.76B
NBIX:
$881.20M
SHW:
$4.29B
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Return for Risk
NBIX vs. SHW — Risk / Return Rank
NBIX
SHW
NBIX vs. SHW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neurocrine Biosciences, Inc. (NBIX) and The Sherwin-Williams Company (SHW). 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.
| NBIX | SHW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.95 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | -0.47 | +1.81 |
| Martin ratioReturn relative to average drawdown | 2.94 | -0.99 | +3.92 |
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Drawdowns
NBIX vs. SHW - Drawdown Comparison
The maximum NBIX drawdown since its inception was -97.21%, which is greater than SHW's maximum drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for NBIX and SHW.
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Drawdown Indicators
| NBIX | SHW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.21% | -52.02% | -45.19% |
Max Drawdown (1Y)Largest decline over 1 year | -20.90% | -21.36% | +0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -42.89% | -25.69% | -17.20% |
Max Drawdown (5Y)Largest decline over 5 years | -42.89% | -42.46% | -0.43% |
Max Drawdown (10Y)Largest decline over 10 years | -46.39% | -42.46% | -3.93% |
Current DrawdownCurrent decline from peak | -4.54% | -19.53% | +14.99% |
Average DrawdownAverage peak-to-trough decline | -43.84% | -11.63% | -32.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.49% | 10.28% | -0.79% |
Volatility
NBIX vs. SHW - Volatility Comparison
Neurocrine Biosciences, Inc. (NBIX) has a higher volatility of 9.63% compared to The Sherwin-Williams Company (SHW) at 9.00%. This indicates that NBIX's price experiences larger fluctuations and is considered to be riskier than SHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBIX | SHW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.63% | 9.00% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 23.91% | 19.26% | +4.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.38% | 25.46% | +5.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.73% | 26.27% | +6.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.13% | 26.58% | +12.55% |
Dividends
NBIX vs. SHW - Dividend Comparison
NBIX has not paid dividends to shareholders, while SHW's dividend yield for the trailing twelve months is around 1.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBIX Neurocrine Biosciences, 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% |
SHW The Sherwin-Williams Company | 1.00% | 0.98% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% |
Financials
NBIX vs. SHW - Financials Comparison
This section allows you to compare key financial metrics between Neurocrine Biosciences, Inc. and The Sherwin-Williams Company. 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
NBIX vs. SHW - Profitability Comparison
NBIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Neurocrine Biosciences, Inc. reported a gross profit of 800.70M and revenue of 814.50M. Therefore, the gross margin over that period was 98.3%.
SHW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a gross profit of 2.78B and revenue of 5.67B. Therefore, the gross margin over that period was 49.1%.
NBIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Neurocrine Biosciences, Inc. reported an operating income of 193.40M and revenue of 814.50M, resulting in an operating margin of 23.7%.
SHW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported an operating income of 810.90M and revenue of 5.67B, resulting in an operating margin of 14.3%.
NBIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Neurocrine Biosciences, Inc. reported a net income of 197.90M and revenue of 814.50M, resulting in a net margin of 24.3%.
SHW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a net income of 534.70M and revenue of 5.67B, resulting in a net margin of 9.4%.
Frequently Asked Questions
NBIX and SHW have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NBIX has higher volatility (9.63%) compared to SHW (9.00%). In terms of maximum drawdown, NBIX dropped -97.21% vs SHW's -52.02%.
NBIX currently has the higher Sharpe Ratio (0.89 vs -0.40), 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.
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