NVS vs. SPG

Last updated Apr 1, 2026

Compare and contrast key facts about Novartis AG (NVS) and Simon Property Group, Inc. (SPG).

Performance

NVS vs. SPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Novartis AG (NVS) and Simon Property Group, Inc. (SPG). The values are adjusted to include any dividend payments, if applicable.

NVS vs. SPG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NVS Novartis AG	14.16%	46.95%	0.02%	16.14%	8.06%	-3.65%	3.34%	13.92%	5.95%	19.42%
SPG Simon Property Group, Inc.	2.78%	12.94%	26.92%	29.24%	-21.91%	95.72%	-38.64%	-6.74%	2.55%	0.98%

Fundamentals

EPS NVS : $7.20 SPG : $7.18
PE Ratio NVS : 21.22 SPG : 26.20
PEG Ratio NVS : 1.43 SPG : 1.08
PS Ratio NVS : 5.29 SPG : 6.45
Total Revenue (TTM) NVS : $56.15B SPG : $6.36B
Gross Profit (TTM) NVS : $41.12B SPG : $5.33B
EBITDA (TTM) NVS : $22.99B SPG : $4.69B

Returns By Period

In the year-to-date period, NVS achieves a 14.16% return, which is significantly higher than SPG's 2.78% return. Over the past 10 years, NVS has outperformed SPG with an annualized return of 11.92%, while SPG has yielded a comparatively lower 4.15% annualized return.

NVS

• 1D: 1.59%
• 1M: -5.68%
• YTD: 14.16%
• 6M: 19.50%
• 1Y: 43.60%
• 3Y*: 22.57%
• 5Y*: 16.43%
• 10Y*: 11.92%

SPG

• 1D: 0.84%
• 1M: -6.35%
• YTD: 2.78%
• 6M: 3.68%
• 1Y: 18.61%
• 3Y*: 25.33%
• 5Y*: 16.59%
• 10Y*: 4.15%

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

Return for Risk

NVS vs. SPG — Risk / Return Rank

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

NVS

NVS Risk / Return Rank: 89
NVS Sharpe Ratio Rank: 90
NVS Sortino Ratio Rank: 87
NVS Omega Ratio Rank: 85
NVS Calmar Ratio Rank: 90
NVS Martin Ratio Rank: 91

SPG

SPG Risk / Return Rank: 64
SPG Sharpe Ratio Rank: 67
SPG Sortino Ratio Rank: 58
SPG Omega Ratio Rank: 61
SPG Calmar Ratio Rank: 63
SPG Martin Ratio Rank: 71

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. SPG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Novartis AG (NVS) and Simon Property Group, Inc. (SPG). 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	SPG	Difference
Sharpe ratio Return per unit of total volatility	1.91	0.75	+1.16
Sortino ratio Return per unit of downside risk	2.51	1.15	+1.36
Omega ratio Gain probability vs. loss probability	1.33	1.17	+0.16
Calmar ratio Return relative to maximum drawdown	3.70	1.07	+2.63
Martin ratio Return relative to average drawdown	10.89	3.73	+7.15
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. SPG - Sharpe Ratio Comparison

The current NVS Sharpe Ratio is 1.91, which is higher than the SPG Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of NVS and SPG, 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	SPG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	0.75	+1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	0.62	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.11	+0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.38	+0.05

Correlation

The correlation between NVS and SPG 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. SPG - Dividend Comparison

NVS's dividend yield for the trailing twelve months is around 3.12%, less than SPG's 4.60% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SPG Simon Property Group, Inc.	4.60%	4.62%	4.70%	5.22%	5.87%	3.66%	7.04%	5.57%	4.70%	4.16%	3.66%	3.11%

Drawdowns

NVS vs. SPG - Drawdown Comparison

The maximum NVS drawdown since its inception was -42.10%, smaller than the maximum SPG drawdown of -77.00%. Use the drawdown chart below to compare losses from any high point for NVS and SPG.

Drawdown Indicators

	NVS	SPG	Difference
Max Drawdown Largest peak-to-trough decline	-42.10%	-77.00%	+34.90%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-17.63%	+6.87%
Max Drawdown (5Y) Largest decline over 5 years	-20.42%	-45.84%	+25.42%
Max Drawdown (10Y) Largest decline over 10 years	-26.03%	-77.00%	+50.97%
Current Drawdown Current decline from peak	-6.65%	-6.67%	+0.02%
Average Drawdown Average peak-to-trough decline	-10.94%	-13.91%	+2.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.66%	5.06%	-1.40%

Volatility

NVS vs. SPG - Volatility Comparison

The current volatility for Novartis AG (NVS) is 6.36%, while Simon Property Group, Inc. (SPG) has a volatility of 7.05%. This indicates that NVS experiences smaller price fluctuations and is considered to be less risky than SPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVS	SPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.36%	7.05%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	14.77%	13.44%	+1.33%
Volatility (1Y) Calculated over the trailing 1-year period	21.66%	24.97%	-3.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.51%	26.74%	-8.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.55%	37.07%	-17.52%

Financials

NVS vs. SPG - Profitability Comparison

The chart below illustrates the profitability comparison between Novartis AG and Simon Property Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NVS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Novartis AG reported a gross profit of 8.40B and revenue of 13.33B. Therefore, the gross margin over that period was 63.0%.

SPG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Simon Property Group, Inc. reported a gross profit of 1.51B and revenue of 1.79B. Therefore, the gross margin over that period was 84.5%.

NVS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Novartis AG reported an operating income of 3.05B and revenue of 13.33B, resulting in an operating margin of 22.8%.

SPG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Simon Property Group, Inc. reported an operating income of 890.67M and revenue of 1.79B, resulting in an operating margin of 49.7%.

NVS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Novartis AG reported a net income of 2.41B and revenue of 13.33B, resulting in a net margin of 18.1%.

SPG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Simon Property Group, Inc. reported a net income of 9.35K and revenue of 1.79B, resulting in a net margin of 0.0%.