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:
-0.43
AAPL:
1.38
NVO:
-0.37
AAPL:
2.04
NVO:
0.95
AAPL:
1.26
NVO:
-0.36
AAPL:
1.88
NVO:
-1.15
AAPL:
4.89
NVO:
13.25%
AAPL:
6.39%
NVO:
35.35%
AAPL:
22.57%
NVO:
-71.30%
AAPL:
-81.80%
NVO:
-41.92%
AAPL:
0.00%
Fundamentals
NVO:
$486.49B
AAPL:
$3.83T
NVO:
$2.99
AAPL:
$6.08
NVO:
36.12
AAPL:
41.69
NVO:
1.61
AAPL:
2.62
NVO:
$270.58B
AAPL:
$391.04B
NVO:
$229.07B
AAPL:
$180.68B
NVO:
$135.97B
AAPL:
$134.66B
Returns By Period
In the year-to-date period, NVO achieves a -16.93% return, which is significantly lower than AAPL's 32.83% return. Over the past 10 years, NVO has underperformed AAPL with an annualized return of 17.16%, while AAPL has yielded a comparatively higher 26.14% annualized return.
NVO
-16.93%
-19.26%
-39.90%
-16.95%
26.03%
17.16%
AAPL
32.83%
11.13%
22.93%
31.36%
30.37%
26.14%
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Risk-Adjusted Performance
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 1.70%, more than AAPL's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 1.70% | 0.99% | 1.18% | 1.34% | 1.86% | 2.12% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% | 1.72% |
AAPL Apple Inc | 0.39% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
NVO vs. AAPL - Drawdown Comparison
The maximum NVO drawdown since its inception was -71.30%, 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 20.84% compared to Apple Inc (AAPL) at 4.04%. 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