NOW vs. CB

Last updated Jun 16, 2026

NOW (ServiceNow, Inc) and CB (Chubb Limited) are both stocks. NOW operates in Software - Application (Technology), while CB operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, NOW returned 21.87%/yr vs 12.26%/yr for CB. At a 0.17 correlation, their price movements are largely independent.

Performance

NOW vs. CB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ServiceNow, Inc (NOW) and Chubb Limited (CB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NOW achieves a -32.01% return, which is significantly lower than CB's 5.39% return. Over the past 10 years, NOW has outperformed CB with an annualized return of 21.87%, while CB has yielded a comparatively lower 12.26% annualized return.

NOW

• 1D: 1.96%
• 1M: 9.55%
• YTD: -32.01%
• 6M: -31.95%
• 1Y: -47.33%
• 3Y*: -2.71%
• 5Y*: 0.41%
• 10Y*: 21.87%

CB

• 1D: -0.36%
• 1M: 1.18%
• YTD: 5.39%
• 6M: 5.22%
• 1Y: 15.46%
• 3Y*: 20.42%
• 5Y*: 16.13%
• 10Y*: 12.26%

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

NOW vs. CB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NOW ServiceNow, Inc	-32.01%	-27.75%	50.05%	81.96%	-40.18%	17.93%	94.97%	58.56%	36.55%	75.40%
CB Chubb Limited	5.39%	14.46%	23.89%	4.20%	15.97%	27.85%	1.41%	22.94%	-9.63%	12.82%

Correlation

The correlation between NOW and CB is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jun 29, 2012	0.17

The correlation between NOW and CB shifts across timeframes, from -0.04 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NOW : $108.32B CB : $129.01B
EPS NOW : $1.68 CB : $28.35
PE Ratio NOW : 62.00 CB : 11.53
PEG Ratio NOW : 0.52 CB : 0.80
PS Ratio NOW : 7.80 CB : 2.71
PB Ratio NOW : 7.98 CB : 1.61
Total Revenue (TTM) NOW : $13.96B CB : $48.15B
Gross Profit (TTM) NOW : $10.69B CB : $17.01B
EBITDA (TTM) NOW : $2.80B CB : $12.22B

Return for Risk

NOW vs. CB — Risk / Return Rank

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

NOW

NOW Risk / Return Rank: 9
NOW Sharpe Ratio Rank: 6
NOW Sortino Ratio Rank: 8
NOW Omega Ratio Rank: 8
NOW Calmar Ratio Rank: 12
NOW Martin Ratio Rank: 9

CB

CB Risk / Return Rank: 68
CB Sharpe Ratio Rank: 70
CB Sortino Ratio Rank: 64
CB Omega Ratio Rank: 63
CB Calmar Ratio Rank: 72
CB Martin Ratio Rank: 71

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.

NOW vs. CB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ServiceNow, Inc (NOW) and Chubb Limited (CB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NOW	CB	Difference
Sharpe ratio: Return per unit of total volatility	-0.95	0.88	-1.83
Sortino ratio: Return per unit of downside risk	-1.35	1.38	-2.73
Omega ratio: Gain probability vs. loss probability	0.83	1.17	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.79	1.66	-2.45
Martin ratio: Return relative to average drawdown	-1.39	3.77	-5.15

NOW vs. CB - Sharpe Ratio Comparison

The current NOW Sharpe Ratio is -0.95, which is lower than the CB Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of NOW and CB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NOW vs. CB - Drawdown Comparison

The maximum NOW drawdown since its inception was -64.54%, which is greater than CB's maximum drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for NOW and CB.

Drawdown Indicators

	NOW	CB	Difference
Max Drawdown Largest peak-to-trough decline	-64.54%	-50.99%	-13.55%
Max Drawdown (1Y) Largest decline over 1 year	-60.28%	-9.36%	-50.92%
Max Drawdown (3Y) Largest decline over 3 years	-64.54%	-14.35%	-50.19%
Max Drawdown (5Y) Largest decline over 5 years	-64.54%	-19.26%	-45.28%
Max Drawdown (10Y) Largest decline over 10 years	-64.54%	-42.59%	-21.95%
Current Drawdown Current decline from peak	-55.51%	-4.03%	-51.48%
Average Drawdown Average peak-to-trough decline	-13.80%	-10.68%	-3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.16%	4.11%	+30.05%

Volatility

NOW vs. CB - Volatility Comparison

ServiceNow, Inc (NOW) has a higher volatility of 25.39% compared to Chubb Limited (CB) at 5.99%. This indicates that NOW's price experiences larger fluctuations and is considered to be riskier than CB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NOW	CB	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.39%	5.99%	+19.40%
Volatility (6M) Calculated over the trailing 6-month period	47.03%	12.76%	+34.27%
Volatility (1Y) Calculated over the trailing 1-year period	50.24%	17.66%	+32.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.45%	20.33%	+23.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.87%	23.69%	+17.18%

Dividends

NOW vs. CB - Dividend Comparison

NOW has not paid dividends to shareholders, while CB's dividend yield for the trailing twelve months is around 1.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CB Chubb Limited	1.20%	1.22%	1.30%	1.51%	1.49%	1.65%	2.01%	1.91%	2.24%	1.93%	2.07%	4.23%
NOW ServiceNow, 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%

Financials

Frequently Asked Questions

Can I hold both NOW and CB in my portfolio?

NOW and CB have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NOW or CB?

NOW has higher volatility (25.39%) compared to CB (5.99%). In terms of maximum drawdown, NOW dropped -64.54% vs CB's -50.99%.

Which has better risk-adjusted returns?

CB currently has the higher Sharpe Ratio (0.88 vs -0.95), 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.