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:
-0.92
AAPL:
1.38
NVO:
-1.21
AAPL:
1.98
NVO:
0.84
AAPL:
1.25
NVO:
-0.73
AAPL:
1.98
NVO:
-1.65
AAPL:
5.95
NVO:
20.79%
AAPL:
5.52%
NVO:
37.29%
AAPL:
23.88%
NVO:
-71.32%
AAPL:
-81.80%
NVO:
-46.80%
AAPL:
-5.46%
Fundamentals
NVO:
$350.00B
AAPL:
$3.67T
NVO:
$3.15
AAPL:
$6.31
NVO:
24.72
AAPL:
38.76
NVO:
1.14
AAPL:
2.24
NVO:
$290.40B
AAPL:
$395.76B
NVO:
$245.88B
AAPL:
$184.10B
NVO:
$148.56B
AAPL:
$134.27B
Returns By Period
In the year-to-date period, NVO achieves a -9.47% return, which is significantly lower than AAPL's -2.22% return. Over the past 10 years, NVO has underperformed AAPL with an annualized return of 14.92%, while AAPL has yielded a comparatively higher 23.89% annualized return.
NVO
-9.47%
-1.04%
-42.43%
-36.52%
21.43%
14.92%
AAPL
-2.22%
6.47%
8.52%
34.80%
25.62%
23.89%
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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 1.85%, more than AAPL's 0.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 1.85% | 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 | 0.41% | 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 -71.32%, 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 13.24% compared to Apple Inc (AAPL) at 9.59%. 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