NVS vs. O

Last updated Apr 2, 2026

Compare and contrast key facts about Novartis AG (NVS) and Realty Income Corporation (O).

Performance

NVS vs. O - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Novartis AG (NVS) and Realty Income Corporation (O). The values are adjusted to include any dividend payments, if applicable.

NVS vs. O - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NVS Novartis AG	15.91%	46.95%	0.02%	16.14%	8.06%	-3.65%	3.34%	13.92%	5.95%	19.42%
O Realty Income Corporation	11.21%	12.20%	-2.11%	-4.55%	-7.38%	23.95%	-11.60%	21.27%	15.94%	3.67%

Fundamentals

EPS NVS : $7.20 O : $1.75
PE Ratio NVS : 21.55 O : 35.44
PEG Ratio NVS : 1.46 O : 7.26
PS Ratio NVS : 5.37 O : 6.53
Total Revenue (TTM) NVS : $56.15B O : $5.75B
Gross Profit (TTM) NVS : $41.12B O : -$3.85B
EBITDA (TTM) NVS : $22.99B O : $4.22B

Returns By Period

In the year-to-date period, NVS achieves a 15.91% return, which is significantly higher than O's 11.21% return. Over the past 10 years, NVS has outperformed O with an annualized return of 12.09%, while O has yielded a comparatively lower 5.07% annualized return.

NVS

• 1D: 1.53%
• 1M: -4.24%
• YTD: 15.91%
• 6M: 21.32%
• 1Y: 45.79%
• 3Y*: 23.19%
• 5Y*: 16.79%
• 10Y*: 12.09%

O

• 1D: 1.14%
• 1M: -8.00%
• YTD: 11.21%
• 6M: 5.16%
• 1Y: 14.40%
• 3Y*: 4.90%
• 5Y*: 4.79%
• 10Y*: 5.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NVS vs. O — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVS

NVS Risk / Return Rank: 90
NVS Sharpe Ratio Rank: 91
NVS Sortino Ratio Rank: 89
NVS Omega Ratio Rank: 87
NVS Calmar Ratio Rank: 90
NVS Martin Ratio Rank: 91

O

O Risk / Return Rank: 65
O Sharpe Ratio Rank: 70
O Sortino Ratio Rank: 61
O Omega Ratio Rank: 58
O Calmar Ratio Rank: 65
O Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVS vs. O - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Novartis AG (NVS) and Realty Income Corporation (O). 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.

	NVS	O	Difference
Sharpe ratio Return per unit of total volatility	2.13	0.86	+1.27
Sortino ratio Return per unit of downside risk	2.74	1.24	+1.50
Omega ratio Gain probability vs. loss probability	1.36	1.15	+0.21
Calmar ratio Return relative to maximum drawdown	4.03	1.19	+2.84
Martin ratio Return relative to average drawdown	11.81	3.57	+8.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVS vs. O - Sharpe Ratio Comparison

The current NVS Sharpe Ratio is 2.13, which is higher than the O Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of NVS and O, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NVS	O	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	0.86	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.25	+0.66
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.20	+0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.49	-0.06

Correlation

The correlation between NVS and O is 0.25, 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.

Dividends

NVS vs. O - Dividend Comparison

NVS's dividend yield for the trailing twelve months is around 3.08%, less than O's 5.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVS Novartis AG	3.08%	2.90%	3.84%	3.44%	3.70%	3.86%	3.22%	3.03%	3.47%	3.24%	3.73%	3.10%
O Realty Income Corporation	5.22%	6.19%	5.37%	5.33%	4.68%	3.87%	4.51%	3.69%	4.19%	4.45%	4.18%	4.41%

Drawdowns

NVS vs. O - Drawdown Comparison

The maximum NVS drawdown since its inception was -42.10%, smaller than the maximum O drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for NVS and O.

Drawdown Indicators

	NVS	O	Difference
Max Drawdown Largest peak-to-trough decline	-42.10%	-48.45%	+6.35%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-11.10%	+0.34%
Max Drawdown (5Y) Largest decline over 5 years	-20.42%	-34.48%	+14.06%
Max Drawdown (10Y) Largest decline over 10 years	-26.03%	-48.28%	+22.25%
Current Drawdown Current decline from peak	-5.23%	-8.00%	+2.77%
Average Drawdown Average peak-to-trough decline	-10.94%	-9.22%	-1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	3.70%	-0.03%

Volatility

NVS vs. O - Volatility Comparison

Novartis AG (NVS) has a higher volatility of 6.44% compared to Realty Income Corporation (O) at 4.53%. This indicates that NVS's price experiences larger fluctuations and is considered to be riskier than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVS	O	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.44%	4.53%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	14.50%	11.31%	+3.19%
Volatility (1Y) Calculated over the trailing 1-year period	21.68%	16.84%	+4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.52%	18.89%	-0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.55%	25.69%	-6.14%

Financials