NN vs. NVS

Last updated Apr 1, 2026

Compare and contrast key facts about NextNav Inc. (NN) and Novartis AG (NVS).

Performance

NN vs. NVS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NextNav Inc. (NN) and Novartis AG (NVS). The values are adjusted to include any dividend payments, if applicable.

NN vs. NVS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NN NextNav Inc.	-3.73%	6.94%	249.66%	51.88%	-66.55%	-19.34%
NVS Novartis AG	14.16%	46.95%	0.02%	16.14%	8.06%	4.99%

Fundamentals

Market Cap NN : $2.13B NVS : $294.65B
EPS NN : -$1.37 NVS : $7.20
PS Ratio NN : 484.30 NVS : 5.29
Total Revenue (TTM) NN : $4.57M NVS : $56.15B
Gross Profit (TTM) NN : -$2.98M NVS : $41.12B
EBITDA (TTM) NN : -$139.76M NVS : $22.99B

Returns By Period

In the year-to-date period, NN achieves a -3.73% return, which is significantly lower than NVS's 14.16% return.

NN

• 1D: 4.91%
• 1M: -0.44%
• YTD: -3.73%
• 6M: 12.03%
• 1Y: 31.64%
• 3Y*: 99.09%
• 5Y*: —
• 10Y*: —

NVS

• 1D: 1.59%
• 1M: -6.65%
• YTD: 14.16%
• 6M: 22.74%
• 1Y: 41.19%
• 3Y*: 22.57%
• 5Y*: 16.43%
• 10Y*: 11.92%

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

Return for Risk

NN vs. NVS — Risk / Return Rank

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

NN

NN Risk / Return Rank: 58
NN Sharpe Ratio Rank: 61
NN Sortino Ratio Rank: 58
NN Omega Ratio Rank: 57
NN Calmar Ratio Rank: 57
NN Martin Ratio Rank: 59

NVS

NVS Risk / Return Rank: 89
NVS Sharpe Ratio Rank: 90
NVS Sortino Ratio Rank: 87
NVS Omega Ratio Rank: 85
NVS Calmar Ratio Rank: 90
NVS Martin Ratio Rank: 91

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.

NN vs. NVS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NextNav Inc. (NN) and Novartis AG (NVS). 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.

	NN	NVS	Difference
Sharpe ratio Return per unit of total volatility	0.53	1.91	-1.39
Sortino ratio Return per unit of downside risk	1.09	2.51	-1.42
Omega ratio Gain probability vs. loss probability	1.14	1.33	-0.19
Calmar ratio Return relative to maximum drawdown	0.66	3.70	-3.04
Martin ratio Return relative to average drawdown	1.69	10.89	-9.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NN vs. NVS - Sharpe Ratio Comparison

The current NN Sharpe Ratio is 0.53, which is lower than the NVS Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of NN and NVS, 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

	NN	NVS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	1.91	-1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.43	-0.31

Correlation

The correlation between NN and NVS is 0.03, 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.

Dividends

NN vs. NVS - Dividend Comparison

NN has not paid dividends to shareholders, while NVS's dividend yield for the trailing twelve months is around 3.12%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NN NextNav 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%
NVS Novartis AG	3.12%	2.90%	3.84%	3.44%	3.70%	3.86%	3.22%	3.03%	3.47%	3.24%	3.73%	3.10%

Drawdowns

NN vs. NVS - Drawdown Comparison

The maximum NN drawdown since its inception was -86.54%, which is greater than NVS's maximum drawdown of -42.10%. Use the drawdown chart below to compare losses from any high point for NN and NVS.

Drawdown Indicators

	NN	NVS	Difference
Max Drawdown Largest peak-to-trough decline	-86.54%	-42.10%	-44.44%
Max Drawdown (1Y) Largest decline over 1 year	-36.62%	-10.76%	-25.86%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.03%	—
Current Drawdown Current decline from peak	-17.25%	-6.65%	-10.60%
Average Drawdown Average peak-to-trough decline	-47.22%	-10.94%	-36.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.27%	3.66%	+10.61%

Volatility

NN vs. NVS - Volatility Comparison

NextNav Inc. (NN) has a higher volatility of 21.98% compared to Novartis AG (NVS) at 6.36%. This indicates that NN's price experiences larger fluctuations and is considered to be riskier than NVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NN	NVS	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.98%	6.36%	+15.62%
Volatility (6M) Calculated over the trailing 6-month period	47.41%	14.77%	+32.64%
Volatility (1Y) Calculated over the trailing 1-year period	60.77%	21.66%	+39.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.53%	18.51%	+57.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.53%	19.55%	+55.98%

Financials