NVO vs. REMIX
NVO (Novo Nordisk A/S) is a stock, while REMIX (Standpoint Multi-Asset Fund Investor Class) is Macro Trading fund managed by Standpoint Asset Management. Over the past 5 years, NVO returned 2.92%/yr vs 8.65%/yr for REMIX. At a 0.26 correlation, their price movements are largely independent.
Performance
NVO vs. REMIX - 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 REMIX's 13.77% 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%
REMIX
- 1D
- 0.90%
- 1M
- -3.29%
- YTD
- 13.77%
- 6M
- 15.26%
- 1Y
- 27.94%
- 3Y*
- 10.31%
- 5Y*
- 8.65%
- 10Y*
- —
NVO vs. REMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | -10.74% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% |
REMIX Standpoint Multi-Asset Fund Investor Class | 13.77% | 3.85% | 12.92% | 5.53% | 3.44% | 19.81% | 16.06% |
Correlation
The correlation between NVO and REMIX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020 | 0.26 |
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Return for Risk
NVO vs. REMIX — Risk / Return Rank
NVO
REMIX
NVO vs. REMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and Standpoint Multi-Asset Fund Investor Class (REMIX). 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 | REMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.07 | ||
| Sortino ratioReturn per unit of downside risk | -3.97 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.39 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 6.04 | -6.84 |
| Martin ratioReturn relative to average drawdown | -1.18 | 18.45 | -19.63 |
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Drawdowns
NVO vs. REMIX - Drawdown Comparison
The maximum NVO drawdown since its inception was -74.70%, which is greater than REMIX's maximum drawdown of -17.89%. Use the drawdown chart below to compare losses from any high point for NVO and REMIX.
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Drawdown Indicators
| NVO | REMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.70% | -17.89% | -56.81% |
Max Drawdown (1Y)Largest decline over 1 year | -54.34% | -4.78% | -49.56% |
Max Drawdown (3Y)Largest decline over 3 years | -74.70% | -17.89% | -56.81% |
Max Drawdown (5Y)Largest decline over 5 years | -74.70% | -17.89% | -56.81% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | — | — |
Current DrawdownCurrent decline from peak | -68.11% | -3.90% | -64.21% |
Average DrawdownAverage peak-to-trough decline | -17.79% | -3.29% | -14.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.62% | 1.56% | +36.06% |
Volatility
NVO vs. REMIX - Volatility Comparison
Novo Nordisk A/S (NVO) has a higher volatility of 10.68% compared to Standpoint Multi-Asset Fund Investor Class (REMIX) at 3.54%. This indicates that NVO's price experiences larger fluctuations and is considered to be riskier than REMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVO | REMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | 3.54% | +7.14% |
Volatility (6M)Calculated over the trailing 6-month period | 38.04% | 9.87% | +28.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.88% | 12.98% | +38.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.33% | 11.74% | +26.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.56% | 11.79% | +20.77% |
Dividends
NVO vs. REMIX - Dividend Comparison
NVO's dividend yield for the trailing twelve months is around 4.11%, more than REMIX's 0.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
REMIX Standpoint Multi-Asset Fund Investor Class | 0.41% | 0.47% | 5.52% | 3.46% | 2.48% | 6.04% | 1.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NVO and REMIX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVO has higher volatility (10.68%) compared to REMIX (3.54%). In terms of maximum drawdown, NVO dropped -74.70% vs REMIX's -17.89%.
REMIX currently has the higher Sharpe Ratio (2.23 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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