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NVO vs. VTI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NVOVTI
YTD Return30.27%10.78%
1Y Return65.95%27.61%
3Y Return (Ann)52.04%7.93%
5Y Return (Ann)43.39%14.78%
10Y Return (Ann)22.05%12.14%
Sharpe Ratio2.082.48
Daily Std Dev32.05%11.77%
Max Drawdown-51.38%-55.45%
Current Drawdown-1.44%-0.47%

Correlation

-0.50.00.51.00.4

The correlation between NVO and VTI is 0.38, 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. VTI - Performance Comparison

In the year-to-date period, NVO achieves a 30.27% return, which is significantly higher than VTI's 10.78% return. Over the past 10 years, NVO has outperformed VTI with an annualized return of 22.05%, while VTI has yielded a comparatively lower 12.14% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2,000.00%4,000.00%6,000.00%8,000.00%December2024FebruaryMarchAprilMay
8,730.35%
589.49%
NVO
VTI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Novo Nordisk A/S

Vanguard Total Stock Market ETF

Risk-Adjusted Performance

NVO vs. VTI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (NVO) and Vanguard Total Stock Market ETF (VTI). 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
Sharpe ratio
The chart of Sharpe ratio for NVO, currently valued at 2.08, compared to the broader market-2.00-1.000.001.002.003.004.002.08
Sortino ratio
The chart of Sortino ratio for NVO, currently valued at 3.50, compared to the broader market-4.00-2.000.002.004.006.003.50
Omega ratio
The chart of Omega ratio for NVO, currently valued at 1.40, compared to the broader market0.501.001.502.001.40
Calmar ratio
The chart of Calmar ratio for NVO, currently valued at 5.53, compared to the broader market0.002.004.006.005.53
Martin ratio
The chart of Martin ratio for NVO, currently valued at 15.31, compared to the broader market-10.000.0010.0020.0030.0015.31
VTI
Sharpe ratio
The chart of Sharpe ratio for VTI, currently valued at 2.48, compared to the broader market-2.00-1.000.001.002.003.004.002.48
Sortino ratio
The chart of Sortino ratio for VTI, currently valued at 3.48, compared to the broader market-4.00-2.000.002.004.006.003.48
Omega ratio
The chart of Omega ratio for VTI, currently valued at 1.43, compared to the broader market0.501.001.502.001.43
Calmar ratio
The chart of Calmar ratio for VTI, currently valued at 2.08, compared to the broader market0.002.004.006.002.08
Martin ratio
The chart of Martin ratio for VTI, currently valued at 9.19, compared to the broader market-10.000.0010.0020.0030.009.19

NVO vs. VTI - Sharpe Ratio Comparison

The current NVO Sharpe Ratio is 2.08, which roughly equals the VTI Sharpe Ratio of 2.48. The chart below compares the 12-month rolling Sharpe Ratio of NVO and VTI.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.08
2.48
NVO
VTI

Dividends

NVO vs. VTI - Dividend Comparison

NVO's dividend yield for the trailing twelve months is around 0.73%, less than VTI's 1.35% yield.


TTM20232022202120202019201820172016201520142013
NVO
Novo Nordisk A/S
0.73%0.71%0.84%0.94%1.33%1.51%1.97%1.52%2.87%0.92%1.43%1.23%
VTI
Vanguard Total Stock Market ETF
1.35%1.44%1.66%1.21%1.42%1.78%2.04%1.71%1.92%1.98%1.76%1.74%

Drawdowns

NVO vs. VTI - Drawdown Comparison

The maximum NVO drawdown since its inception was -51.38%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for NVO and VTI. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-1.44%
-0.47%
NVO
VTI

Volatility

NVO vs. VTI - Volatility Comparison

Novo Nordisk A/S (NVO) has a higher volatility of 7.07% compared to Vanguard Total Stock Market ETF (VTI) at 3.15%. This indicates that NVO's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%December2024FebruaryMarchAprilMay
7.07%
3.15%
NVO
VTI