NVS vs. HSHP
NVS (Novartis AG) and HSHP (Himalaya Shipping Ltd.) are both stocks. NVS operates in Drug Manufacturers - General (Healthcare), while HSHP operates in Marine Shipping (Industrials). Over the past 3 years, NVS returned 19.57%/yr vs 44.60%/yr for HSHP. At a 0.11 correlation, their price movements are largely independent.
Performance
NVS vs. HSHP - Performance Comparison
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Returns By Period
In the year-to-date period, NVS achieves a 14.40% return, which is significantly lower than HSHP's 71.21% 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%
HSHP
- 1D
- 3.05%
- 1M
- -3.72%
- YTD
- 71.21%
- 6M
- 71.96%
- 1Y
- 144.70%
- 3Y*
- 44.60%
- 5Y*
- —
- 10Y*
- —
NVS vs. HSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NVS Novartis AG | 14.40% | 46.95% | 0.02% | 16.14% | 16.74% |
HSHP Himalaya Shipping Ltd. | 71.21% | 96.10% | -23.53% | 37.12% | -1.99% |
Correlation
The correlation between NVS and HSHP is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2022 | 0.11 |
Fundamentals
NVS:
$293.28B
HSHP:
$715.11M
NVS:
$6.99
HSHP:
$0.63
NVS:
21.90
HSHP:
24.25
NVS:
1.48
HSHP:
0.04
NVS:
5.29
HSHP:
4.92
NVS:
7.62
HSHP:
4.59
NVS:
$56.05B
HSHP:
$143.50M
NVS:
$42.19B
HSHP:
$98.40M
NVS:
$22.40B
HSHP:
$101.44M
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Return for Risk
NVS vs. HSHP — Risk / Return Rank
NVS
HSHP
NVS vs. HSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Novartis AG (NVS) and Himalaya Shipping Ltd. (HSHP). 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 | HSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.49 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 9.35 | -6.92 |
| Martin ratioReturn relative to average drawdown | 5.88 | 21.19 | -15.31 |
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Drawdowns
NVS vs. HSHP - Drawdown Comparison
The maximum NVS drawdown since its inception was -42.10%, smaller than the maximum HSHP drawdown of -51.51%. Use the drawdown chart below to compare losses from any high point for NVS and HSHP.
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Drawdown Indicators
| NVS | HSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.10% | -51.51% | +9.41% |
Max Drawdown (1Y)Largest decline over 1 year | -12.65% | -15.57% | +2.92% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -51.51% | +31.56% |
Max Drawdown (5Y)Largest decline over 5 years | -20.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -26.03% | — | — |
Current DrawdownCurrent decline from peak | -6.46% | -5.38% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -14.76% | +3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.23% | 6.85% | -1.62% |
Volatility
NVS vs. HSHP - Volatility Comparison
The current volatility for Novartis AG (NVS) is 7.18%, while Himalaya Shipping Ltd. (HSHP) has a volatility of 13.10%. This indicates that NVS experiences smaller price fluctuations and is considered to be less risky than HSHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVS | HSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.18% | 13.10% | -5.92% |
Volatility (6M)Calculated over the trailing 6-month period | 14.96% | 30.50% | -15.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.02% | 39.51% | -18.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.89% | 42.51% | -23.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 42.51% | -22.87% |
Dividends
NVS vs. HSHP - Dividend Comparison
NVS's dividend yield for the trailing twelve months is around 3.12%, less than HSHP's 3.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSHP Himalaya Shipping Ltd. | 3.81% | 3.57% | 9.88% | 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. HSHP - Financials Comparison
This section allows you to compare key financial metrics between Novartis AG and Himalaya Shipping Ltd.. 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. HSHP - 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%.
HSHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Himalaya Shipping Ltd. reported a gross profit of 18.40M and revenue of 33.60M. Therefore, the gross margin over that period was 54.8%.
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%.
HSHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Himalaya Shipping Ltd. reported an operating income of 17.20M and revenue of 33.60M, resulting in an operating margin of 51.2%.
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%.
HSHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Himalaya Shipping Ltd. reported a net income of 5.00M and revenue of 33.60M, resulting in a net margin of 14.9%.
Frequently Asked Questions
NVS and HSHP have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSHP has higher volatility (13.10%) compared to NVS (7.18%). In terms of maximum drawdown, NVS dropped -42.10% vs HSHP's -51.51%.
HSHP currently has the higher Sharpe Ratio (3.69 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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