NVO vs. NOV.DE
Compare and contrast key facts about Novo Nordisk A/S (NVO) and Novo Nordisk A/S (NOV.DE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVO or NOV.DE.
Correlation
The correlation between NVO and NOV.DE is 0.21, 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. NOV.DE - Performance Comparison
Key characteristics
NVO:
-1.18
NOV.DE:
-1.24
NVO:
-1.74
NOV.DE:
-1.85
NVO:
0.77
NOV.DE:
0.76
NVO:
-0.82
NOV.DE:
-0.84
NVO:
-1.66
NOV.DE:
-1.74
NVO:
29.58%
NOV.DE:
29.75%
NVO:
41.60%
NOV.DE:
41.52%
NVO:
-70.96%
NOV.DE:
-61.67%
NVO:
-56.52%
NOV.DE:
-59.39%
Fundamentals
NVO:
$266.85B
NOV.DE:
€239.75B
NVO:
$3.49
NOV.DE:
€3.03
NVO:
17.56
NOV.DE:
17.90
NVO:
0.89
NOV.DE:
0.88
NVO:
0.92
NOV.DE:
0.83
NVO:
12.30
NOV.DE:
12.12
NVO:
$225.05B
NOV.DE:
€225.05B
NVO:
$190.45B
NOV.DE:
€190.45B
NVO:
$113.24B
NOV.DE:
€113.24B
Returns By Period
In the year-to-date period, NVO achieves a -26.02% return, which is significantly higher than NOV.DE's -33.28% return. Over the past 10 years, NVO has underperformed NOV.DE with an annualized return of 10.45%, while NOV.DE has yielded a comparatively higher 12.82% annualized return.
NVO
-26.02%
-13.53%
-44.14%
-49.37%
15.98%
10.45%
NOV.DE
-33.28%
-18.98%
-47.24%
-52.39%
14.64%
12.82%
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Risk-Adjusted Performance
NVO vs. NOV.DE — Risk-Adjusted Performance Rank
NVO
NOV.DE
NVO vs. NOV.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and Novo Nordisk A/S (NOV.DE). 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. NOV.DE - Dividend Comparison
NVO's dividend yield for the trailing twelve months is around 2.58%, more than NOV.DE's 0.37% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 2.58% | 1.68% | 0.99% | 1.18% | 1.34% | 1.86% | 2.12% | 2.46% | 2.13% | 3.94% | 1.31% | 1.96% |
NOV.DE Novo Nordisk A/S | 0.37% | 0.21% | 0.14% | 0.16% | 0.17% | 0.27% | 0.28% | 3.65% | 0.31% | 0.49% | 0.17% | 0.23% |
Drawdowns
NVO vs. NOV.DE - Drawdown Comparison
The maximum NVO drawdown since its inception was -70.96%, which is greater than NOV.DE's maximum drawdown of -61.67%. Use the drawdown chart below to compare losses from any high point for NVO and NOV.DE. For additional features, visit the drawdowns tool.
Volatility
NVO vs. NOV.DE - Volatility Comparison
Novo Nordisk A/S (NVO) has a higher volatility of 16.91% compared to Novo Nordisk A/S (NOV.DE) at 15.92%. This indicates that NVO's price experiences larger fluctuations and is considered to be riskier than NOV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVO vs. NOV.DE - Financials Comparison
This section allows you to compare key financial metrics between Novo Nordisk A/S and Novo Nordisk A/S. 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