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NBIX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NBIX and VOO is 0.40, 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.


-0.50.00.51.00.4

Performance

NBIX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neurocrine Biosciences, Inc. (NBIX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

500.00%1,000.00%1,500.00%2,000.00%2,500.00%JulyAugustSeptemberOctoberNovemberDecember
2,293.11%
595.32%
NBIX
VOO

Key characteristics

Sharpe Ratio

NBIX:

0.39

VOO:

2.04

Sortino Ratio

NBIX:

0.71

VOO:

2.72

Omega Ratio

NBIX:

1.11

VOO:

1.38

Calmar Ratio

NBIX:

0.48

VOO:

3.02

Martin Ratio

NBIX:

1.05

VOO:

13.60

Ulcer Index

NBIX:

12.29%

VOO:

1.88%

Daily Std Dev

NBIX:

33.38%

VOO:

12.52%

Max Drawdown

NBIX:

-97.21%

VOO:

-33.99%

Current Drawdown

NBIX:

-11.56%

VOO:

-3.52%

Returns By Period

In the year-to-date period, NBIX achieves a 2.80% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, NBIX has outperformed VOO with an annualized return of 18.69%, while VOO has yielded a comparatively lower 13.02% annualized return.


NBIX

YTD

2.80%

1M

15.16%

6M

3.51%

1Y

11.48%

5Y*

4.30%

10Y*

18.69%

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

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Risk-Adjusted Performance

NBIX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Neurocrine Biosciences, Inc. (NBIX) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for NBIX, currently valued at 0.39, compared to the broader market-4.00-2.000.002.000.392.04
The chart of Sortino ratio for NBIX, currently valued at 0.71, compared to the broader market-4.00-2.000.002.004.000.712.72
The chart of Omega ratio for NBIX, currently valued at 1.11, compared to the broader market0.501.001.502.001.111.38
The chart of Calmar ratio for NBIX, currently valued at 0.48, compared to the broader market0.002.004.006.000.483.02
The chart of Martin ratio for NBIX, currently valued at 1.05, compared to the broader market0.0010.0020.001.0513.60
NBIX
VOO

The current NBIX Sharpe Ratio is 0.39, which is lower than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of NBIX and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.39
2.04
NBIX
VOO

Dividends

NBIX vs. VOO - Dividend Comparison

NBIX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.26%.


TTM20232022202120202019201820172016201520142013
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%
VOO
Vanguard S&P 500 ETF
1.26%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

NBIX vs. VOO - Drawdown Comparison

The maximum NBIX drawdown since its inception was -97.21%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NBIX and VOO. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.56%
-3.52%
NBIX
VOO

Volatility

NBIX vs. VOO - Volatility Comparison

Neurocrine Biosciences, Inc. (NBIX) has a higher volatility of 7.24% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that NBIX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
7.24%
3.58%
NBIX
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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