NVO vs. AAPL
Compare and contrast key facts about Novo Nordisk A/S (NVO) and Apple Inc (AAPL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVO or AAPL.
Correlation
The correlation between NVO and AAPL is 0.32, 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
NVO vs. AAPL - Performance Comparison
Key characteristics
NVO:
-1.18
AAPL:
0.80
NVO:
-1.74
AAPL:
1.31
NVO:
0.77
AAPL:
1.19
NVO:
-0.82
AAPL:
0.79
NVO:
-1.66
AAPL:
2.99
NVO:
29.58%
AAPL:
8.77%
NVO:
41.60%
AAPL:
32.71%
NVO:
-70.96%
AAPL:
-81.80%
NVO:
-56.52%
AAPL:
-19.47%
Fundamentals
NVO:
$266.85B
AAPL:
$3.07T
NVO:
$3.49
AAPL:
$6.30
NVO:
17.56
AAPL:
32.48
NVO:
0.89
AAPL:
2.01
NVO:
0.92
AAPL:
7.77
NVO:
12.30
AAPL:
46.04
NVO:
$225.05B
AAPL:
$305.01B
NVO:
$190.45B
AAPL:
$141.83B
NVO:
$113.24B
AAPL:
$106.62B
Returns By Period
In the year-to-date period, NVO achieves a -26.02% return, which is significantly lower than AAPL's -16.70% return. Over the past 10 years, NVO has underperformed AAPL with an annualized return of 10.45%, while AAPL has yielded a comparatively higher 21.60% annualized return.
NVO
-26.02%
-13.53%
-44.14%
-49.37%
15.98%
10.45%
AAPL
-16.70%
-6.87%
-9.43%
23.86%
24.95%
21.60%
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Risk-Adjusted Performance
NVO vs. AAPL — Risk-Adjusted Performance Rank
NVO
AAPL
NVO vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and Apple Inc (AAPL). 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
NVO vs. AAPL - Dividend Comparison
NVO's dividend yield for the trailing twelve months is around 2.58%, more than AAPL's 0.48% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 2.58% | 1.68% | 0.99% | 1.18% | 1.34% | 1.86% | 2.12% | 2.46% | 2.13% | 3.94% | 1.31% | 1.96% |
AAPL Apple Inc | 0.48% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
Drawdowns
NVO vs. AAPL - Drawdown Comparison
The maximum NVO drawdown since its inception was -70.96%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for NVO and AAPL. For additional features, visit the drawdowns tool.
Volatility
NVO vs. AAPL - Volatility Comparison
The current volatility for Novo Nordisk A/S (NVO) is 16.91%, while Apple Inc (AAPL) has a volatility of 22.62%. This indicates that NVO experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVO vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Novo Nordisk A/S and Apple Inc. 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