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:
-0.70
AAPL:
1.15
NVO:
-0.80
AAPL:
1.72
NVO:
0.89
AAPL:
1.22
NVO:
-0.55
AAPL:
1.60
NVO:
-1.48
AAPL:
4.06
NVO:
17.13%
AAPL:
6.53%
NVO:
36.27%
AAPL:
22.99%
NVO:
-71.31%
AAPL:
-81.80%
NVO:
-46.24%
AAPL:
-11.21%
Fundamentals
NVO:
$352.92B
AAPL:
$3.46T
NVO:
$2.93
AAPL:
$6.07
NVO:
26.86
AAPL:
37.89
NVO:
1.28
AAPL:
2.08
NVO:
$204.72B
AAPL:
$271.46B
NVO:
$173.22B
AAPL:
$125.83B
NVO:
$108.42B
AAPL:
$91.44B
Returns By Period
The year-to-date returns for both investments are quite close, with NVO having a -8.52% return and AAPL slightly higher at -8.16%. Over the past 10 years, NVO has underperformed AAPL with an annualized return of 15.65%, while AAPL has yielded a comparatively higher 25.22% annualized return.
NVO
-8.52%
-25.74%
-39.95%
-26.03%
22.75%
15.65%
AAPL
-8.16%
-7.93%
2.76%
20.64%
24.45%
25.22%
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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 1.83%, more than AAPL's 0.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 1.83% | 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 | 0.43% | 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 -71.31%, 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 21.75% compared to Apple Inc (AAPL) at 7.18%. 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