NUVL vs. DGRO
NUVL (Nuvalent, Inc.) is a stock, while DGRO (iShares Core Dividend Growth ETF) is Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Over the past 3 years, NUVL returned 42.16%/yr vs 16.30%/yr for DGRO. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
NUVL vs. DGRO - Performance Comparison
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Returns By Period
In the year-to-date period, NUVL achieves a 23.23% return, which is significantly higher than DGRO's 13.39% return.
NUVL
- 1D
- 0.00%
- 1M
- 0.19%
- 6M
- 20.48%
- YTD
- 23.23%
- 1Y
- 59.41%
- 3Y*
- 42.16%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 47.35%
DGRO
- 1D
- -0.28%
- 1M
- 0.97%
- 6M
- 9.59%
- YTD
- 13.39%
- 1Y
- 24.21%
- 3Y*
- 16.30%
- 5Y*
- 11.08%
- 10Y*
- 13.44%
- ALL TIME*
- 12.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $103.52M | $104.25M | $110.17M |
NUVL vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NUVL Nuvalent, Inc. | 23.23% | 28.50% | 6.37% | 147.11% | 56.41% | 5.19% |
DGRO iShares Core Dividend Growth ETF | 13.39% | 15.69% | 16.62% | 10.47% | -7.91% | 9.17% |
Correlation
The correlation between NUVL and DGRO is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2021 | 0.34 |
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Return for Risk
NUVL vs. DGRO — Risk / Return Rank
NUVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DGRO
NUVL vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuvalent, Inc. (NUVL) and iShares Core Dividend Growth ETF (DGRO). 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.
| NUVL | DGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.45 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 3.61 | -1.45 |
| Martin ratioReturn relative to average drawdown | 5.76 | 14.07 | -8.30 |
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Drawdowns
NUVL vs. DGRO - Drawdown Comparison
The maximum NUVL drawdown since its inception was -80.70%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for NUVL and DGRO.
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Drawdown Indicators
| NUVL | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.70% | -35.10% | -45.60% |
Max Drawdown (1Y)Largest decline over 1 year | -20.98% | -6.47% | -14.51% |
Max Drawdown (3Y)Largest decline over 3 years | -47.12% | -14.03% | -33.09% |
Max Drawdown (5Y)Largest decline over 5 years | -80.70% | -19.31% | -61.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.10% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.35% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -24.67% | -3.41% | -21.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.84% | 1.66% | +6.18% |
Volatility
NUVL vs. DGRO - Volatility Comparison
The current volatility for Nuvalent, Inc. (NUVL) is 0.19%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.21%. This indicates that NUVL experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUVL | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.19% | 3.21% | -3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 43.33% | 7.12% | +36.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.61% | 9.61% | +48.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.08% | 13.79% | +61.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.08% | 16.58% | +58.50% |
Dividends
NUVL vs. DGRO - Dividend Comparison
NUVL has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 1.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRO iShares Core Dividend Growth ETF | 1.89% | 2.09% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% |
NUVL Nuvalent, 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% |
Frequently Asked Questions
NUVL and DGRO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DGRO has higher volatility (3.21%) compared to NUVL (0.19%). In terms of maximum drawdown, NUVL dropped -80.70% vs DGRO's -35.10%.
DGRO currently has the higher Sharpe Ratio (2.44 vs 0.79), 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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