NVO vs. HIMS
NVO (Novo Nordisk A/S) and HIMS (Hims & Hers Health, Inc.) are both stocks. NVO operates in Drug Manufacturers - General (Healthcare), while HIMS operates in Household & Personal Products (Consumer Defensive). Over the past 5 years, NVO returned 1.78%/yr vs 15.10%/yr for HIMS. At a 0.17 correlation, their price movements are largely independent.
Performance
NVO vs. HIMS - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with NVO having a -16.56% return and HIMS slightly higher at -16.32%.
NVO
- 1D
- -4.52%
- 1M
- -10.96%
- YTD
- -16.56%
- 6M
- -9.23%
- 1Y
- -42.47%
- 3Y*
- -17.53%
- 5Y*
- 1.78%
- 10Y*
- 6.20%
HIMS
- 1D
- 3.74%
- 1M
- -3.89%
- YTD
- -16.32%
- 6M
- -30.55%
- 1Y
- -51.77%
- 3Y*
- 44.53%
- 5Y*
- 15.10%
- 10Y*
- —
NVO vs. HIMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | -16.56% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% | 16.93% |
HIMS Hims & Hers Health, Inc. | -16.32% | 34.28% | 171.69% | 38.85% | -2.14% | -55.14% | 47.47% | 1.02% |
Correlation
The correlation between NVO and HIMS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2019 | 0.17 |
Fundamentals
NVO:
$182.49B
HIMS:
$6.20B
NVO:
$27.42
HIMS:
-$0.05
NVO:
0.56
HIMS:
2.81
NVO:
0.90
HIMS:
13.91
NVO:
$327.80B
HIMS:
$2.37B
NVO:
$268.30B
HIMS:
$1.70B
NVO:
$181.54B
HIMS:
$16.04M
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Return for Risk
NVO vs. HIMS — Risk / Return Rank
NVO
HIMS
NVO vs. HIMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and Hims & Hers Health, Inc. (HIMS). 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.
| NVO | HIMS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.95 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | -0.67 | -0.11 |
| Martin ratioReturn relative to average drawdown | -1.14 | -1.09 | -0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NVO | HIMS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.82 | -0.54 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.18 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.21 | +0.26 |
Drawdowns
NVO vs. HIMS - Drawdown Comparison
The maximum NVO drawdown since its inception was -74.70%, smaller than the maximum HIMS drawdown of -87.29%. Use the drawdown chart below to compare losses from any high point for NVO and HIMS.
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Drawdown Indicators
| NVO | HIMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.70% | -87.29% | +12.59% |
Max Drawdown (1Y)Largest decline over 1 year | -55.03% | -78.06% | +23.03% |
Max Drawdown (3Y)Largest decline over 3 years | -74.70% | -78.88% | +4.18% |
Max Drawdown (5Y)Largest decline over 5 years | -74.70% | -78.88% | +4.18% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | — | — |
Current DrawdownCurrent decline from peak | -70.19% | -60.47% | -9.72% |
Average DrawdownAverage peak-to-trough decline | -17.77% | -43.22% | +25.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.21% | 47.51% | -10.30% |
Volatility
NVO vs. HIMS - Volatility Comparison
The current volatility for Novo Nordisk A/S (NVO) is 9.75%, while Hims & Hers Health, Inc. (HIMS) has a volatility of 26.28%. This indicates that NVO experiences smaller price fluctuations and is considered to be less risky than HIMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVO | HIMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.75% | 26.28% | -16.53% |
Volatility (6M)Calculated over the trailing 6-month period | 38.30% | 66.46% | -28.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.08% | 96.13% | -44.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.31% | 83.39% | -45.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.56% | 77.19% | -44.63% |
Dividends
NVO vs. HIMS - Dividend Comparison
NVO's dividend yield for the trailing twelve months is around 4.39%, while HIMS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIMS Hims & Hers Health, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVO Novo Nordisk A/S | 4.39% | 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. HIMS - Financials Comparison
This section allows you to compare key financial metrics between Novo Nordisk A/S and Hims & Hers Health, 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. HIMS - 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%.
HIMS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hims & Hers Health, Inc. reported a gross profit of 396.79M and revenue of 608.10M. Therefore, the gross margin over that period was 65.3%.
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%.
HIMS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hims & Hers Health, Inc. reported an operating income of -78.32M and revenue of 608.10M, resulting in an operating margin of -12.9%.
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%.
HIMS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hims & Hers Health, Inc. reported a net income of -92.12M and revenue of 608.10M, resulting in a net margin of -15.2%.
Frequently Asked Questions
NVO and HIMS have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIMS has higher volatility (26.28%) compared to NVO (9.75%). In terms of maximum drawdown, NVO dropped -74.70% vs HIMS's -87.29%.
HIMS currently has the higher Sharpe Ratio (-0.54 vs -0.82), 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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