NVO vs. DKS
NVO (Novo Nordisk A/S) and DKS (DICK'S Sporting Goods, Inc.) are both stocks. NVO operates in Drug Manufacturers - General (Healthcare), while DKS operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, NVO returned 7.56%/yr vs 21.90%/yr for DKS. At a 0.18 correlation, their price movements are largely independent.
Performance
NVO vs. DKS - Performance Comparison
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Returns By Period
In the year-to-date period, NVO achieves a -10.74% return, which is significantly lower than DKS's 12.99% return. Over the past 10 years, NVO has underperformed DKS with an annualized return of 7.56%, while DKS has yielded a comparatively higher 21.90% annualized return.
NVO
- 1D
- -0.18%
- 1M
- -6.80%
- YTD
- -10.74%
- 6M
- -9.50%
- 1Y
- -43.34%
- 3Y*
- -15.59%
- 5Y*
- 2.92%
- 10Y*
- 7.56%
DKS
- 1D
- -0.77%
- 1M
- 3.55%
- YTD
- 12.99%
- 6M
- 4.67%
- 1Y
- 23.45%
- 3Y*
- 21.00%
- 5Y*
- 20.82%
- 10Y*
- 21.90%
NVO vs. DKS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | -10.74% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% | 28.70% | -12.98% | 52.92% |
DKS DICK'S Sporting Goods, Inc. | 12.99% | -11.45% | 58.91% | 25.94% | 6.61% | 116.67% | 17.94% | 63.22% | 11.35% | -44.79% |
Correlation
The correlation between NVO and DKS is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2002 | 0.18 |
Fundamentals
NVO:
$195.21B
DKS:
$19.98B
NVO:
DKK 27.42
DKS:
$3.67K
NVO:
10.34
DKS:
0.06
NVO:
3.85
DKS:
0.00
NVO:
6.21
DKS:
0.00
NVO:
DKK 327.80B
DKS:
$5.18T
NVO:
DKK 268.30B
DKS:
$1.69T
NVO:
DKK 181.54B
DKS:
$451.62B
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Return for Risk
NVO vs. DKS — Risk / Return Rank
NVO
DKS
NVO vs. DKS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and DICK'S Sporting Goods, Inc. (DKS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NVO | DKS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.13 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 1.22 | -2.02 |
| Martin ratioReturn relative to average drawdown | -1.18 | 2.81 | -3.99 |
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Drawdowns
NVO vs. DKS - Drawdown Comparison
The maximum NVO drawdown since its inception was -74.70%, roughly equal to the maximum DKS drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for NVO and DKS.
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Drawdown Indicators
| NVO | DKS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.70% | -73.33% | -1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -54.34% | -19.37% | -34.97% |
Max Drawdown (3Y)Largest decline over 3 years | -74.70% | -32.73% | -41.97% |
Max Drawdown (5Y)Largest decline over 5 years | -74.70% | -48.79% | -25.91% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | -70.82% | -3.88% |
Current DrawdownCurrent decline from peak | -68.11% | -8.44% | -59.67% |
Average DrawdownAverage peak-to-trough decline | -17.79% | -17.96% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.62% | 8.38% | +29.24% |
Volatility
NVO vs. DKS - Volatility Comparison
The current volatility for Novo Nordisk A/S (NVO) is 10.68%, while DICK'S Sporting Goods, Inc. (DKS) has a volatility of 13.99%. This indicates that NVO experiences smaller price fluctuations and is considered to be less risky than DKS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVO | DKS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | 13.99% | -3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 38.04% | 24.66% | +13.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.88% | 35.97% | +15.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.33% | 43.53% | -5.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.56% | 45.34% | -12.78% |
Dividends
NVO vs. DKS - Dividend Comparison
NVO's dividend yield for the trailing twelve months is around 4.11%, more than DKS's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DKS DICK'S Sporting Goods, Inc. | 2.78% | 2.45% | 1.92% | 2.72% | 1.62% | 6.17% | 2.22% | 2.22% | 2.88% | 2.37% | 1.14% | 1.56% |
NVO Novo Nordisk A/S | 4.11% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
Financials
NVO vs. DKS - Financials Comparison
This section allows you to compare key financial metrics between Novo Nordisk A/S and DICK'S Sporting Goods, 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
NVO vs. DKS - Profitability Comparison
NVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported a gross profit of 83.23B and revenue of 96.82B. Therefore, the gross margin over that period was 86.0%.
DKS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DICK'S Sporting Goods, Inc. reported a gross profit of 1.68T and revenue of 5.16T. Therefore, the gross margin over that period was 32.6%.
NVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported an operating income of 59.62B and revenue of 96.82B, resulting in an operating margin of 61.6%.
DKS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DICK'S Sporting Goods, Inc. reported an operating income of 450.65B and revenue of 5.16T, resulting in an operating margin of 8.7%.
NVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported a net income of 48.56B and revenue of 96.82B, resulting in a net margin of 50.2%.
DKS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DICK'S Sporting Goods, Inc. reported a net income of 319.82B and revenue of 5.16T, resulting in a net margin of 6.2%.
Frequently Asked Questions
NVO and DKS have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DKS has higher volatility (13.99%) compared to NVO (10.68%). In terms of maximum drawdown, NVO dropped -74.70% vs DKS's -73.33%.
DKS currently has the higher Sharpe Ratio (0.65 vs -0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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