NOVN.SW vs. EUN1.DE
NOVN.SW (Novartis AG) is a stock, while EUN1.DE (iShares STOXX Europe 50 UCITS ETF) is Europe Equities fund tracking the STOXX® Europe 50. Over the past 10 years, NOVN.SW returned 9.98%/yr vs 7.18%/yr for EUN1.DE. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
NOVN.SW vs. EUN1.DE - Performance Comparison
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Different Trading Currencies
NOVN.SW is traded in CHF, while EUN1.DE is traded in EUR. To make them comparable, the EUN1.DE values have been converted to CHF using the latest available exchange rates.
Returns By Period
In the year-to-date period, NOVN.SW achieves a 8.91% return, which is significantly higher than EUN1.DE's 5.77% return. Over the past 10 years, NOVN.SW has outperformed EUN1.DE with an annualized return of 9.98%, while EUN1.DE has yielded a comparatively lower 7.18% annualized return.
NOVN.SW
- 1D
- 2.04%
- 1M
- 2.19%
- YTD
- 8.91%
- 6M
- 11.93%
- 1Y
- 22.96%
- 3Y*
- 14.41%
- 5Y*
- 12.76%
- 10Y*
- 9.98%
EUN1.DE
- 1D
- 0.57%
- 1M
- 2.92%
- YTD
- 5.77%
- 6M
- 7.13%
- 1Y
- 13.47%
- 3Y*
- 9.91%
- 5Y*
- 7.23%
- 10Y*
- 7.18%
NOVN.SW vs. EUN1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOVN.SW Novartis AG | 8.91% | 27.98% | 8.44% | 11.93% | 8.75% | -0.11% | -5.39% | 28.50% | 6.51% | 16.04% |
EUN1.DE iShares STOXX Europe 50 UCITS ETF | 5.77% | 16.56% | 8.62% | 7.86% | -6.18% | 20.29% | -6.84% | 23.92% | -13.86% | 19.28% |
Correlation
The correlation between NOVN.SW and EUN1.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2007 | 0.55 |
The correlation between NOVN.SW and EUN1.DE shifts across timeframes, from 0.39 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NOVN.SW vs. EUN1.DE — Risk / Return Rank
NOVN.SW
EUN1.DE
NOVN.SW vs. EUN1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novartis AG (NOVN.SW) and iShares STOXX Europe 50 UCITS ETF (EUN1.DE). 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.
| NOVN.SW | EUN1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.19 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 1.45 | +0.84 |
| Martin ratioReturn relative to average drawdown | 5.53 | 5.05 | +0.48 |
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
| NOVN.SW | EUN1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.05 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.47 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.43 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.08 | +0.40 |
Drawdowns
NOVN.SW vs. EUN1.DE - Drawdown Comparison
The maximum NOVN.SW drawdown since its inception was -42.25%, smaller than the maximum EUN1.DE drawdown of -62.62%. Use the drawdown chart below to compare losses from any high point for NOVN.SW and EUN1.DE.
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Drawdown Indicators
| NOVN.SW | EUN1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.25% | -62.62% | +20.37% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -9.69% | -1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -16.86% | -18.14% | +1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -16.86% | -19.39% | +2.53% |
Max Drawdown (10Y)Largest decline over 10 years | -24.11% | -32.96% | +8.85% |
Current DrawdownCurrent decline from peak | -8.53% | -1.09% | -7.44% |
Average DrawdownAverage peak-to-trough decline | -11.40% | -25.84% | +14.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 2.79% | +1.64% |
Volatility
NOVN.SW vs. EUN1.DE - Volatility Comparison
Novartis AG (NOVN.SW) has a higher volatility of 6.01% compared to iShares STOXX Europe 50 UCITS ETF (EUN1.DE) at 4.04%. This indicates that NOVN.SW's price experiences larger fluctuations and is considered to be riskier than EUN1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOVN.SW | EUN1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 4.04% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 13.12% | 10.74% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 13.44% | +5.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.81% | 15.30% | +2.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 16.48% | +1.75% |
Dividends
NOVN.SW vs. EUN1.DE - Dividend Comparison
NOVN.SW's dividend yield for the trailing twelve months is around 3.19%, more than EUN1.DE's 2.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN1.DE iShares STOXX Europe 50 UCITS ETF | 2.41% | 2.41% | 2.62% | 2.55% | 2.61% | 2.22% | 2.41% | 2.94% | 3.53% | 3.22% | 3.28% | 3.05% |
NOVN.SW Novartis AG | 3.19% | 3.19% | 3.72% | 3.77% | 3.91% | 3.94% | 3.72% | 3.27% | 3.98% | 3.98% | 4.35% | 3.58% |
Frequently Asked Questions
NOVN.SW and EUN1.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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