NOV vs. NOVN.SW
Compare and contrast key facts about National Oilwell Varco, Inc. (NOV) and Novartis AG (NOVN.SW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOV or NOVN.SW.
Correlation
The correlation between NOV and NOVN.SW is 0.23, 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.
Performance
NOV vs. NOVN.SW - Performance Comparison
Key characteristics
NOV:
-0.85
NOVN.SW:
0.48
NOV:
-1.16
NOVN.SW:
0.72
NOV:
0.84
NOVN.SW:
1.11
NOV:
-0.42
NOVN.SW:
0.56
NOV:
-1.55
NOVN.SW:
1.39
NOV:
22.82%
NOVN.SW:
6.81%
NOV:
41.73%
NOVN.SW:
19.90%
NOV:
-89.77%
NOVN.SW:
-42.25%
NOV:
-83.94%
NOVN.SW:
-5.58%
Fundamentals
NOV:
$4.64B
NOVN.SW:
CHF 186.07B
NOV:
$1.60
NOVN.SW:
CHF 4.85
NOV:
7.65
NOVN.SW:
19.42
NOV:
0.27
NOVN.SW:
1.31
NOV:
0.52
NOVN.SW:
3.60
NOV:
0.73
NOVN.SW:
5.07
NOV:
$6.72B
NOVN.SW:
CHF 39.60B
NOV:
$1.68B
NOVN.SW:
CHF 29.87B
NOV:
$991.00M
NOVN.SW:
CHF 16.05B
Returns By Period
In the year-to-date period, NOV achieves a -17.37% return, which is significantly lower than NOVN.SW's 10.01% return. Over the past 10 years, NOV has underperformed NOVN.SW with an annualized return of -13.04%, while NOVN.SW has yielded a comparatively higher 5.76% annualized return.
NOV
-17.37%
-19.95%
-21.02%
-36.79%
-0.09%
-13.04%
NOVN.SW
10.01%
-4.47%
1.92%
9.80%
8.09%
5.76%
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Risk-Adjusted Performance
NOV vs. NOVN.SW — Risk-Adjusted Performance Rank
NOV
NOVN.SW
NOV vs. NOVN.SW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National Oilwell Varco, Inc. (NOV) and Novartis AG (NOVN.SW). 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.
Dividends
NOV vs. NOVN.SW - Dividend Comparison
NOV's dividend yield for the trailing twelve months is around 2.50%, less than NOVN.SW's 3.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOV National Oilwell Varco, Inc. | 2.50% | 1.88% | 0.99% | 0.96% | 0.37% | 0.36% | 0.80% | 0.78% | 0.56% | 1.63% | 5.49% | 2.46% |
NOVN.SW Novartis AG | 3.72% | 3.72% | 3.77% | 3.91% | 3.94% | 3.72% | 3.27% | 3.98% | 3.98% | 4.35% | 3.58% | 3.17% |
Drawdowns
NOV vs. NOVN.SW - Drawdown Comparison
The maximum NOV drawdown since its inception was -89.77%, which is greater than NOVN.SW's maximum drawdown of -42.25%. Use the drawdown chart below to compare losses from any high point for NOV and NOVN.SW. For additional features, visit the drawdowns tool.
Volatility
NOV vs. NOVN.SW - Volatility Comparison
National Oilwell Varco, Inc. (NOV) has a higher volatility of 26.69% compared to Novartis AG (NOVN.SW) at 14.98%. This indicates that NOV's price experiences larger fluctuations and is considered to be riskier than NOVN.SW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NOV vs. NOVN.SW - Financials Comparison
This section allows you to compare key financial metrics between National Oilwell Varco, Inc. and Novartis AG. 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