NVS vs. GOOGL
NVS (Novartis AG) and GOOGL (Alphabet Inc. Class A) are both stocks. NVS operates in Drug Manufacturers - General (Healthcare), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, NVS returned 11.14%/yr vs 25.76%/yr for GOOGL. At a 0.27 correlation, their price movements are largely independent.
Performance
NVS vs. GOOGL - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with NVS having a 14.40% return and GOOGL slightly higher at 15.06%. Over the past 10 years, NVS has underperformed GOOGL with an annualized return of 11.14%, while GOOGL has yielded a comparatively higher 25.76% annualized return.
NVS
- 1D
- -0.55%
- 1M
- 2.22%
- YTD
- 14.40%
- 6M
- 18.98%
- 1Y
- 30.60%
- 3Y*
- 19.57%
- 5Y*
- 14.77%
- 10Y*
- 11.14%
GOOGL
- 1D
- 0.53%
- 1M
- -10.61%
- YTD
- 15.06%
- 6M
- 16.44%
- 1Y
- 105.30%
- 3Y*
- 43.10%
- 5Y*
- 24.46%
- 10Y*
- 25.76%
NVS vs. GOOGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVS Novartis AG | 14.40% | 46.95% | 0.02% | 16.14% | 8.06% | -3.65% | 3.34% | 13.92% | 5.95% | 19.42% |
GOOGL Alphabet Inc. Class A | 15.06% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
Correlation
The correlation between NVS and GOOGL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2004 | 0.27 |
The correlation between NVS and GOOGL shifts across timeframes, from 0.04 (3 years) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NVS:
$293.28B
GOOGL:
$4.40T
NVS:
$6.99
GOOGL:
$13.11
NVS:
21.90
GOOGL:
27.43
NVS:
1.48
GOOGL:
1.35
NVS:
5.29
GOOGL:
10.40
NVS:
7.62
GOOGL:
9.19
NVS:
$56.05B
GOOGL:
$422.57B
NVS:
$42.19B
GOOGL:
$255.12B
NVS:
$22.40B
GOOGL:
$174.08B
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Return for Risk
NVS vs. GOOGL — Risk / Return Rank
NVS
GOOGL
NVS vs. GOOGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novartis AG (NVS) and Alphabet Inc. Class A (GOOGL). 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.
| NVS | GOOGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.59 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 5.20 | -2.77 |
| Martin ratioReturn relative to average drawdown | 5.88 | 18.48 | -12.60 |
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Drawdowns
NVS vs. GOOGL - Drawdown Comparison
The maximum NVS drawdown since its inception was -42.10%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for NVS and GOOGL.
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Drawdown Indicators
| NVS | GOOGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.10% | -65.29% | +23.19% |
Max Drawdown (1Y)Largest decline over 1 year | -12.65% | -20.37% | +7.72% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -29.81% | +9.86% |
Max Drawdown (5Y)Largest decline over 5 years | -20.42% | -44.32% | +23.90% |
Max Drawdown (10Y)Largest decline over 10 years | -26.03% | -44.32% | +18.29% |
Current DrawdownCurrent decline from peak | -6.46% | -10.61% | +4.15% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -13.01% | +2.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.23% | 5.72% | -0.49% |
Volatility
NVS vs. GOOGL - Volatility Comparison
Novartis AG (NVS) and Alphabet Inc. Class A (GOOGL) have volatilities of 7.18% and 7.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVS | GOOGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.18% | 7.24% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 14.96% | 20.82% | -5.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.02% | 29.31% | -8.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.89% | 31.33% | -12.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 29.13% | -9.49% |
Dividends
NVS vs. GOOGL - Dividend Comparison
NVS's dividend yield for the trailing twelve months is around 3.12%, more than GOOGL's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVS Novartis AG | 3.12% | 2.90% | 3.84% | 3.44% | 3.70% | 3.86% | 3.22% | 3.03% | 3.47% | 3.24% | 3.73% | 3.10% |
Financials
NVS vs. GOOGL - Financials Comparison
This section allows you to compare key financial metrics between Novartis AG and Alphabet Inc. Class A. 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
NVS vs. GOOGL - Profitability Comparison
NVS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Novartis AG reported a gross profit of 10.07B and revenue of 13.52B. Therefore, the gross margin over that period was 74.4%.
GOOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
NVS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Novartis AG reported an operating income of 4.24B and revenue of 13.52B, resulting in an operating margin of 31.3%.
GOOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
NVS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Novartis AG reported a net income of 3.16B and revenue of 13.52B, resulting in a net margin of 23.3%.
GOOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
NVS and GOOGL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOGL has higher volatility (7.24%) compared to NVS (7.18%). In terms of maximum drawdown, NVS dropped -42.10% vs GOOGL's -65.29%.
GOOGL currently has the higher Sharpe Ratio (3.62 vs 1.47), 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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