NUVL vs. DGRO

Last updated Apr 2, 2026

Compare and contrast key facts about Nuvalent, Inc. (NUVL) and iShares Core Dividend Growth ETF (DGRO).

DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.

Performance

NUVL vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuvalent, Inc. (NUVL) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

NUVL vs. DGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NUVL Nuvalent, Inc.	5.02%	28.50%	6.37%	147.11%	56.41%	1.55%
DGRO iShares Core Dividend Growth ETF	1.60%	15.69%	16.62%	10.47%	-7.91%	8.50%

Returns By Period

In the year-to-date period, NUVL achieves a 5.02% return, which is significantly higher than DGRO's 1.60% return.

NUVL

• 1D: 3.11%
• 1M: 4.29%
• YTD: 5.02%
• 6M: 27.92%
• 1Y: 55.35%
• 3Y*: 59.39%
• 5Y*: —
• 10Y*: —

DGRO

• 1D: 0.03%
• 1M: -4.46%
• YTD: 1.60%
• 6M: 3.88%
• 1Y: 16.44%
• 3Y*: 14.60%
• 5Y*: 10.14%
• 10Y*: 12.81%

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

Return for Risk

NUVL vs. DGRO — Risk / Return Rank

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

NUVL

NUVL Risk / Return Rank: 78
NUVL Sharpe Ratio Rank: 78
NUVL Sortino Ratio Rank: 74
NUVL Omega Ratio Rank: 70
NUVL Calmar Ratio Rank: 85
NUVL Martin Ratio Rank: 81

DGRO

DGRO Risk / Return Rank: 63
DGRO Sharpe Ratio Rank: 63
DGRO Sortino Ratio Rank: 63
DGRO Omega Ratio Rank: 66
DGRO Calmar Ratio Rank: 56
DGRO Martin Ratio Rank: 65

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.

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.

	NUVL	DGRO	Difference
Sharpe ratio Return per unit of total volatility	1.22	1.14	+0.08
Sortino ratio Return per unit of downside risk	1.85	1.66	+0.19
Omega ratio Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio Return relative to maximum drawdown	3.10	1.48	+1.62
Martin ratio Return relative to average drawdown	6.81	6.80	+0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NUVL vs. DGRO - Sharpe Ratio Comparison

The current NUVL Sharpe Ratio is 1.22, which is comparable to the DGRO Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of NUVL and DGRO, 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

	NUVL	DGRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.14	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.73	-0.13

Correlation

The correlation between NUVL and DGRO is 0.34, 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

NUVL vs. DGRO - Dividend Comparison

NUVL has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 2.10%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
DGRO iShares Core Dividend Growth ETF	2.10%	2.09%	2.26%	2.45%	2.34%	1.93%	2.30%	2.21%	2.44%	2.03%	2.27%	2.52%

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.

Drawdown Indicators

	NUVL	DGRO	Difference
Max Drawdown Largest peak-to-trough decline	-80.70%	-35.10%	-45.60%
Max Drawdown (1Y) Largest decline over 1 year	-15.81%	-10.92%	-4.89%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	-5.82%	-4.70%	-1.12%
Average Drawdown Average peak-to-trough decline	-25.87%	-3.48%	-22.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.19%	2.37%	+4.82%

Volatility

NUVL vs. DGRO - Volatility Comparison

Nuvalent, Inc. (NUVL) has a higher volatility of 9.79% compared to iShares Core Dividend Growth ETF (DGRO) at 3.57%. This indicates that NUVL's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUVL	DGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.79%	3.57%	+6.22%
Volatility (6M) Calculated over the trailing 6-month period	32.18%	7.21%	+24.97%
Volatility (1Y) Calculated over the trailing 1-year period	45.88%	14.47%	+31.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.59%	13.84%	+60.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.59%	16.63%	+57.96%