NHYDY vs. TM
NHYDY (Norsk Hydro ASA ADR) and TM (Toyota Motor Corporation) are both stocks. NHYDY operates in Aluminum (Basic Materials), while TM operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, NHYDY returned 17.75%/yr vs 8.31%/yr for TM. At a 0.33 correlation, their price movements are largely independent.
Performance
NHYDY vs. TM - Performance Comparison
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Returns By Period
In the year-to-date period, NHYDY achieves a 57.28% return, which is significantly higher than TM's -17.88% return. Over the past 10 years, NHYDY has outperformed TM with an annualized return of 17.75%, while TM has yielded a comparatively lower 8.31% annualized return.
NHYDY
- 1D
- -1.57%
- 1M
- 4.09%
- YTD
- 57.28%
- 6M
- 66.38%
- 1Y
- 126.05%
- 3Y*
- 26.98%
- 5Y*
- 19.63%
- 10Y*
- 17.75%
TM
- 1D
- -1.50%
- 1M
- -6.27%
- YTD
- -17.88%
- 6M
- -10.47%
- 1Y
- -3.02%
- 3Y*
- 8.28%
- 5Y*
- 2.03%
- 10Y*
- 8.31%
NHYDY vs. TM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NHYDY Norsk Hydro ASA ADR | 57.28% | 47.30% | -14.94% | -4.18% | 5.95% | 76.35% | 34.91% | -15.68% | -38.01% | 65.31% |
TM Toyota Motor Corporation | -17.88% | 13.82% | 8.88% | 38.23% | -24.43% | 23.21% | 13.62% | 22.69% | -5.81% | 12.10% |
Correlation
The correlation between NHYDY and TM is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.33 |
The correlation between NHYDY and TM shifts across timeframes, from 0.18 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NHYDY:
$23.36B
TM:
$229.10B
NHYDY:
$3.10
TM:
$2.98K
NHYDY:
3.84
TM:
0.06
NHYDY:
0.16
TM:
0.00
NHYDY:
0.12
TM:
0.00
NHYDY:
0.23
TM:
0.01
NHYDY:
$201.27B
TM:
$51.16T
NHYDY:
$60.54B
TM:
$8.54T
NHYDY:
$24.40B
TM:
$7.11T
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Return for Risk
NHYDY vs. TM — Risk / Return Rank
NHYDY
TM
NHYDY vs. TM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Norsk Hydro ASA ADR (NHYDY) and Toyota Motor Corporation (TM). 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 | TM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.09 | ||
| Sortino ratioReturn per unit of downside risk | +4.42 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.01 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 10.97 | -0.10 | +11.07 |
| Martin ratioReturn relative to average drawdown | 39.71 | -0.27 | +39.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NHYDY | TM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.99 | -0.10 | +4.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.08 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.35 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.31 | +0.15 |
Drawdowns
NHYDY vs. TM - Drawdown Comparison
The maximum NHYDY drawdown since its inception was -73.90%, which is greater than TM's maximum drawdown of -60.15%. Use the drawdown chart below to compare losses from any high point for NHYDY and TM.
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Drawdown Indicators
| NHYDY | TM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.90% | -60.15% | -13.75% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -29.20% | +17.64% |
Max Drawdown (3Y)Largest decline over 3 years | -29.35% | -34.92% | +5.57% |
Max Drawdown (5Y)Largest decline over 5 years | -46.67% | -36.80% | -9.87% |
Max Drawdown (10Y)Largest decline over 10 years | -73.90% | -36.80% | -37.10% |
Current DrawdownCurrent decline from peak | -8.68% | -29.20% | +20.52% |
Average DrawdownAverage peak-to-trough decline | -25.23% | -20.99% | -4.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 11.07% | -7.88% |
Volatility
NHYDY vs. TM - Volatility Comparison
Norsk Hydro ASA ADR (NHYDY) has a higher volatility of 10.64% compared to Toyota Motor Corporation (TM) at 7.08%. This indicates that NHYDY's price experiences larger fluctuations and is considered to be riskier than TM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NHYDY | TM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.64% | 7.08% | +3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 26.84% | 20.33% | +6.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.79% | 29.13% | +2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.27% | 26.91% | +12.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.36% | 23.63% | +15.73% |
Dividends
NHYDY vs. TM - Dividend Comparison
NHYDY's dividend yield for the trailing twelve months is around 2.67%, more than TM's 1.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHYDY Norsk Hydro ASA ADR | 2.67% | 2.65% | 4.30% | 8.10% | 9.59% | 1.86% | 5.44% | 3.92% | 4.96% | 1.91% | 2.60% | 0.00% |
TM Toyota Motor Corporation | 1.63% | 2.95% | 2.81% | 2.45% | 2.90% | 2.45% | 2.74% | 1.30% | 3.40% | 2.96% | 3.23% | 5.59% |
Financials
NHYDY vs. TM - Financials Comparison
This section allows you to compare key financial metrics between Norsk Hydro ASA ADR and Toyota Motor Corporation. 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
NHYDY vs. TM - Profitability Comparison
NHYDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported a gross profit of 16.09B and revenue of 50.39B. Therefore, the gross margin over that period was 31.9%.
TM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corporation reported a gross profit of 1.94T and revenue of 12.83T. Therefore, the gross margin over that period was 15.1%.
NHYDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported an operating income of 9.11B and revenue of 50.39B, resulting in an operating margin of 18.1%.
TM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corporation reported an operating income of 579.96B and revenue of 12.83T, resulting in an operating margin of 4.5%.
NHYDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported a net income of 4.24B and revenue of 50.39B, resulting in a net margin of 8.4%.
TM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corporation reported a net income of 832.22B and revenue of 12.83T, resulting in a net margin of 6.5%.
Frequently Asked Questions
NHYDY and TM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NHYDY has higher volatility (10.64%) compared to TM (7.08%). In terms of maximum drawdown, NHYDY dropped -73.90% vs TM's -60.15%.
NHYDY currently has the higher Sharpe Ratio (3.99 vs -0.10), 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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