NVO vs. TYT.L
NVO (Novo Nordisk A/S) and TYT.L (Toyota Motor Corp) are both stocks. NVO operates in Drug Manufacturers - General (Healthcare), while TYT.L operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, NVO returned 7.56%/yr vs 16.02%/yr for TYT.L. At a correlation of -0.00, they often move in opposite directions.
Performance
NVO vs. TYT.L - Performance Comparison
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Different Trading Currencies
NVO is traded in USD, while TYT.L is traded in JPY. To make them comparable, the TYT.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NVO achieves a -10.74% return, which is significantly higher than TYT.L's -17.93% return. Over the past 10 years, NVO has underperformed TYT.L with an annualized return of 7.56%, while TYT.L has yielded a comparatively higher 16.02% 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%
TYT.L
- 1D
- 0.84%
- 1M
- -7.01%
- YTD
- -17.93%
- 6M
- -15.96%
- 1Y
- -0.90%
- 3Y*
- 6.78%
- 5Y*
- 3.13%
- 10Y*
- 16.02%
NVO vs. TYT.L - 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% |
TYT.L Toyota Motor Corp | -17.93% | 10.65% | 11.81% | 36.60% | -22.35% | 37.16% | 18.88% | 43.15% | 7.71% | 29.13% |
Correlation
The correlation between NVO and TYT.L is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | -0.00 |
Fundamentals
NVO:
$195.21B
TYT.L:
¥36.17T
NVO:
DKK 27.42
TYT.L:
¥295.25
NVO:
10.34
TYT.L:
9.40
NVO:
0.44
TYT.L:
0.52
NVO:
3.85
TYT.L:
0.71
NVO:
6.21
TYT.L:
0.91
NVO:
DKK 327.80B
TYT.L:
¥50.68T
NVO:
DKK 268.30B
TYT.L:
¥8.46T
NVO:
DKK 181.54B
TYT.L:
¥7.05T
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Return for Risk
NVO vs. TYT.L — Risk / Return Rank
NVO
TYT.L
NVO vs. TYT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and Toyota Motor Corp (TYT.L). 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 | TYT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.02 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | -0.03 | -0.77 |
| Martin ratioReturn relative to average drawdown | -1.18 | -0.08 | -1.10 |
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Drawdowns
NVO vs. TYT.L - Drawdown Comparison
The maximum NVO drawdown since its inception was -74.70%, which is greater than TYT.L's maximum drawdown of -55.36%. Use the drawdown chart below to compare losses from any high point for NVO and TYT.L.
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Drawdown Indicators
| NVO | TYT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.70% | -55.36% | -19.34% |
Max Drawdown (1Y)Largest decline over 1 year | -54.34% | -29.47% | -24.87% |
Max Drawdown (3Y)Largest decline over 3 years | -74.70% | -38.71% | -35.99% |
Max Drawdown (5Y)Largest decline over 5 years | -74.70% | -38.71% | -35.99% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | -38.71% | -35.99% |
Current DrawdownCurrent decline from peak | -68.11% | -28.87% | -39.24% |
Average DrawdownAverage peak-to-trough decline | -17.79% | -14.24% | -3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.62% | 10.79% | +26.83% |
Volatility
NVO vs. TYT.L - Volatility Comparison
Novo Nordisk A/S (NVO) has a higher volatility of 10.68% compared to Toyota Motor Corp (TYT.L) at 7.88%. This indicates that NVO's price experiences larger fluctuations and is considered to be riskier than TYT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVO | TYT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | 7.88% | +2.80% |
Volatility (6M)Calculated over the trailing 6-month period | 38.04% | 21.32% | +16.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.88% | 31.56% | +20.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.33% | 35.83% | +2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.56% | 32.23% | +0.33% |
Dividends
NVO vs. TYT.L - Dividend Comparison
NVO's dividend yield for the trailing twelve months is around 4.11%, more than TYT.L's 3.42% 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% |
TYT.L Toyota Motor Corp | 3.42% | 2.83% | 2.70% | 2.51% | 2.69% | 12.11% | 7.85% | 14.24% | 17.17% | 14.55% | 15.27% | 15.01% |
Financials
NVO vs. TYT.L - Financials Comparison
This section allows you to compare key financial metrics between Novo Nordisk A/S and Toyota Motor Corp. 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. TYT.L - 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%.
TYT.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corp reported a gross profit of 1.91T and revenue of 12.60T. Therefore, the gross margin over that period was 15.1%.
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%.
TYT.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corp reported an operating income of 569.50B and revenue of 12.60T, resulting in an operating margin of 4.5%.
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%.
TYT.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toyota Motor Corp reported a net income of 817.21B and revenue of 12.60T, resulting in a net margin of 6.5%.
Frequently Asked Questions
NVO and TYT.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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