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 0.16, 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:
-1.19
AAPL:
1.25
NVO:
-1.73
AAPL:
1.80
NVO:
0.77
AAPL:
1.23
NVO:
-0.87
AAPL:
1.62
NVO:
-1.77
AAPL:
4.80
NVO:
25.97%
AAPL:
6.41%
NVO:
38.75%
AAPL:
24.61%
NVO:
-71.29%
AAPL:
-81.80%
NVO:
-52.77%
AAPL:
-13.74%
Fundamentals
NVO:
$308.32B
AAPL:
$3.35T
NVO:
$3.29
AAPL:
$6.31
NVO:
20.68
AAPL:
35.37
NVO:
1.05
AAPL:
2.02
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 -19.64% return, which is significantly lower than AAPL's -10.78% return. Over the past 10 years, NVO has underperformed AAPL with an annualized return of 11.83%, while AAPL has yielded a comparatively higher 23.14% annualized return.
NVO
-19.64%
-23.74%
-41.42%
-45.60%
20.10%
11.83%
AAPL
-10.78%
-7.71%
-1.12%
31.88%
30.43%
23.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 2.37%, more than AAPL's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 2.37% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
AAPL Apple Inc | 0.45% | 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 -71.29%, 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
Novo Nordisk A/S (NVO) has a higher volatility of 13.71% compared to Apple Inc (AAPL) at 8.88%. This indicates that NVO's price experiences larger fluctuations and is considered to be riskier 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