NHYDY vs. AA

Last updated Apr 2, 2026

Compare and contrast key facts about Norsk Hydro ASA ADR (NHYDY) and Alcoa Corporation (AA).

Performance

NHYDY vs. AA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Norsk Hydro ASA ADR (NHYDY) and Alcoa Corporation (AA). The values are adjusted to include any dividend payments, if applicable.

NHYDY vs. AA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NHYDY Norsk Hydro ASA ADR	37.71%	47.30%	-14.94%	-4.18%	5.95%	76.35%	34.91%	-15.68%	-38.01%	65.31%
AA Alcoa Corporation	35.83%	42.46%	12.43%	-24.33%	-23.12%	159.05%	7.16%	-19.07%	-50.66%	91.84%

Fundamentals

Market Cap NHYDY : $21.03B AA : $18.80B
EPS NHYDY : $3.40 AA : $4.50
PE Ratio NHYDY : 3.15 AA : 16.02
PEG Ratio NHYDY : 0.13 AA : 0.04
PS Ratio NHYDY : 0.10 AA : 1.47
PB Ratio NHYDY : 0.21 AA : 3.07
Total Revenue (TTM) NHYDY : $207.97B AA : $12.74B
Gross Profit (TTM) NHYDY : $64.53B AA : $1.13B
EBITDA (TTM) NHYDY : $27.55B AA : $1.88B

Returns By Period

The year-to-date returns for both stocks are quite close, with NHYDY having a 37.71% return and AA slightly lower at 35.83%.

NHYDY

• 1D: -0.19%
• 1M: 12.45%
• YTD: 37.71%
• 6M: 52.86%
• 1Y: 91.47%
• 3Y*: 18.51%
• 5Y*: 16.97%
• 10Y*: 15.97%

AA

• 1D: 8.64%
• 1M: 12.64%
• YTD: 35.83%
• 6M: 113.80%
• 1Y: 141.76%
• 3Y*: 20.63%
• 5Y*: 18.58%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NHYDY vs. AA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NHYDY

NHYDY Risk / Return Rank: 94
NHYDY Sharpe Ratio Rank: 95
NHYDY Sortino Ratio Rank: 94
NHYDY Omega Ratio Rank: 92
NHYDY Calmar Ratio Rank: 94
NHYDY Martin Ratio Rank: 96

AA

AA Risk / Return Rank: 92
AA Sharpe Ratio Rank: 94
AA Sortino Ratio Rank: 91
AA Omega Ratio Rank: 87
AA Calmar Ratio Rank: 94
AA Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NHYDY vs. AA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Norsk Hydro ASA ADR (NHYDY) and Alcoa Corporation (AA). 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.

	NHYDY	AA	Difference
Sharpe ratio Return per unit of total volatility	2.80	2.49	+0.30
Sortino ratio Return per unit of downside risk	3.45	2.97	+0.48
Omega ratio Gain probability vs. loss probability	1.45	1.36	+0.09
Calmar ratio Return relative to maximum drawdown	5.25	5.18	+0.07
Martin ratio Return relative to average drawdown	20.15	16.19	+3.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NHYDY vs. AA - Sharpe Ratio Comparison

The current NHYDY Sharpe Ratio is 2.80, which is comparable to the AA Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of NHYDY and AA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NHYDY	AA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.80	2.49	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.33	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.24	+0.18

Correlation

The correlation between NHYDY and AA is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NHYDY vs. AA - Dividend Comparison

NHYDY's dividend yield for the trailing twelve months is around 1.93%, more than AA's 0.56% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
NHYDY Norsk Hydro ASA ADR	1.93%	2.65%	4.30%	8.10%	9.59%	1.86%	5.44%	3.92%	4.96%	1.91%	2.60%
AA Alcoa Corporation	0.56%	0.75%	1.06%	1.18%	0.88%	0.17%	0.00%	0.00%	0.00%	0.00%	0.32%

Drawdowns

NHYDY vs. AA - Drawdown Comparison

The maximum NHYDY drawdown since its inception was -73.90%, smaller than the maximum AA drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for NHYDY and AA.

Drawdown Indicators

	NHYDY	AA	Difference
Max Drawdown Largest peak-to-trough decline	-73.90%	-90.90%	+17.00%
Max Drawdown (1Y) Largest decline over 1 year	-16.25%	-26.82%	+10.57%
Max Drawdown (5Y) Largest decline over 5 years	-46.67%	-75.46%	+28.79%
Max Drawdown (10Y) Largest decline over 10 years	-73.90%	—	—
Current Drawdown Current decline from peak	-0.19%	-20.77%	+20.58%
Average Drawdown Average peak-to-trough decline	-25.67%	-46.61%	+20.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.52%	8.58%	-4.06%

Volatility

NHYDY vs. AA - Volatility Comparison

The current volatility for Norsk Hydro ASA ADR (NHYDY) is 14.95%, while Alcoa Corporation (AA) has a volatility of 20.31%. This indicates that NHYDY experiences smaller price fluctuations and is considered to be less risky than AA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NHYDY	AA	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.95%	20.31%	-5.36%
Volatility (6M) Calculated over the trailing 6-month period	24.67%	41.80%	-17.13%
Volatility (1Y) Calculated over the trailing 1-year period	32.88%	57.22%	-24.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.26%	56.24%	-16.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.37%	55.67%	-16.30%

Financials

NHYDY vs. AA - Profitability Comparison

The chart below illustrates the profitability comparison between Norsk Hydro ASA ADR and Alcoa Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NHYDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Norsk Hydro ASA ADR reported a gross profit of 12.46B and revenue of 47.22B. Therefore, the gross margin over that period was 26.4%.

AA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Alcoa Corporation reported a gross profit of 0.00 and revenue of 3.45B. Therefore, the gross margin over that period was 0.0%.

NHYDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Norsk Hydro ASA ADR reported an operating income of 5.02B and revenue of 47.22B, resulting in an operating margin of 10.6%.

AA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Alcoa Corporation reported an operating income of 0.00 and revenue of 3.45B, resulting in an operating margin of 0.0%.

NHYDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Norsk Hydro ASA ADR reported a net income of -2.36B and revenue of 47.22B, resulting in a net margin of -5.0%.

AA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Alcoa Corporation reported a net income of 226.00M and revenue of 3.45B, resulting in a net margin of 6.6%.