NVO vs. AZN
Compare and contrast key facts about Novo Nordisk A/S (NVO) and AstraZeneca PLC (AZN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVO or AZN.
Correlation
The correlation between NVO and AZN 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. AZN - Performance Comparison
Key characteristics
NVO:
-0.59
AZN:
0.08
NVO:
-0.61
AZN:
0.24
NVO:
0.91
AZN:
1.03
NVO:
-0.47
AZN:
0.06
NVO:
-1.25
AZN:
0.13
NVO:
16.88%
AZN:
12.11%
NVO:
35.89%
AZN:
20.65%
NVO:
-71.31%
AZN:
-48.94%
NVO:
-43.24%
AZN:
-23.64%
Fundamentals
NVO:
$361.90B
AZN:
$203.68B
NVO:
$2.93
AZN:
$2.08
NVO:
28.30
AZN:
31.58
NVO:
1.24
AZN:
0.71
NVO:
$204.72B
AZN:
$39.18B
NVO:
$173.22B
AZN:
$31.70B
NVO:
$108.42B
AZN:
$12.79B
Returns By Period
In the year-to-date period, NVO achieves a -3.43% return, which is significantly lower than AZN's 2.12% return. Over the past 10 years, NVO has outperformed AZN with an annualized return of 16.48%, while AZN has yielded a comparatively lower 9.91% annualized return.
NVO
-3.43%
-23.09%
-35.86%
-21.28%
24.12%
16.48%
AZN
2.12%
-0.40%
-13.76%
3.18%
8.05%
9.91%
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Risk-Adjusted Performance
NVO vs. AZN — Risk-Adjusted Performance Rank
NVO
AZN
NVO vs. AZN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and AstraZeneca PLC (AZN). 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. AZN - Dividend Comparison
NVO's dividend yield for the trailing twelve months is around 1.74%, less than AZN's 2.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 1.74% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
AZN AstraZeneca PLC | 2.22% | 2.27% | 2.15% | 2.14% | 2.40% | 2.80% | 2.81% | 3.61% | 3.95% | 5.01% | 4.06% | 3.98% |
Drawdowns
NVO vs. AZN - Drawdown Comparison
The maximum NVO drawdown since its inception was -71.31%, which is greater than AZN's maximum drawdown of -48.94%. Use the drawdown chart below to compare losses from any high point for NVO and AZN. For additional features, visit the drawdowns tool.
Volatility
NVO vs. AZN - Volatility Comparison
Novo Nordisk A/S (NVO) has a higher volatility of 21.49% compared to AstraZeneca PLC (AZN) at 5.99%. This indicates that NVO's price experiences larger fluctuations and is considered to be riskier than AZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVO vs. AZN - Financials Comparison
This section allows you to compare key financial metrics between Novo Nordisk A/S and AstraZeneca PLC. 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