PAC vs. NVS
PAC (Grupo Aeroportuario del Pacífico, S.A.B. de C.V.) and NVS (Novartis AG) are both stocks. PAC operates in Airports & Air Services (Industrials), while NVS operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, PAC returned 14.31%/yr vs 11.14%/yr for NVS. At a 0.24 correlation, their price movements are largely independent.
Performance
PAC vs. NVS - Performance Comparison
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Returns By Period
In the year-to-date period, PAC achieves a -10.14% return, which is significantly lower than NVS's 14.40% return. Over the past 10 years, PAC has outperformed NVS with an annualized return of 14.31%, while NVS has yielded a comparatively lower 11.14% annualized return.
PAC
- 1D
- 3.08%
- 1M
- -3.26%
- YTD
- -10.14%
- 6M
- -8.95%
- 1Y
- 3.29%
- 3Y*
- 12.84%
- 5Y*
- 20.66%
- 10Y*
- 14.31%
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%
PAC vs. NVS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | -10.14% | 56.30% | 4.19% | 28.64% | 9.79% | 29.95% | -6.17% | 54.36% | -15.66% | 32.15% |
NVS Novartis AG | 14.40% | 46.95% | 0.02% | 16.14% | 8.06% | -3.65% | 3.34% | 13.92% | 5.95% | 19.42% |
Correlation
The correlation between PAC and NVS is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2006 | 0.24 |
Fundamentals
PAC:
$11.97B
NVS:
$293.28B
PAC:
MX$214.01
NVS:
$6.99
PAC:
19.09
NVS:
21.90
PAC:
1.16
NVS:
1.48
PAC:
6.29
NVS:
5.29
PAC:
8.03
NVS:
7.62
PAC:
MX$32.84B
NVS:
$56.05B
PAC:
MX$10.93B
NVS:
$42.19B
PAC:
MX$20.54B
NVS:
$22.40B
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Return for Risk
PAC vs. NVS — Risk / Return Rank
PAC
NVS
PAC vs. NVS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) and Novartis AG (NVS). 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.
| PAC | NVS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.26 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 2.43 | -2.30 |
| Martin ratioReturn relative to average drawdown | 0.27 | 5.88 | -5.61 |
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Drawdowns
PAC vs. NVS - Drawdown Comparison
The maximum PAC drawdown since its inception was -73.20%, which is greater than NVS's maximum drawdown of -42.10%. Use the drawdown chart below to compare losses from any high point for PAC and NVS.
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Drawdown Indicators
| PAC | NVS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.20% | -42.10% | -31.10% |
Max Drawdown (1Y)Largest decline over 1 year | -26.19% | -12.65% | -13.54% |
Max Drawdown (3Y)Largest decline over 3 years | -42.83% | -19.95% | -22.88% |
Max Drawdown (5Y)Largest decline over 5 years | -42.83% | -20.42% | -22.41% |
Max Drawdown (10Y)Largest decline over 10 years | -66.65% | -26.03% | -40.62% |
Current DrawdownCurrent decline from peak | -21.14% | -6.46% | -14.68% |
Average DrawdownAverage peak-to-trough decline | -16.52% | -10.92% | -5.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.29% | 5.23% | +7.06% |
Volatility
PAC vs. NVS - Volatility Comparison
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) has a higher volatility of 10.37% compared to Novartis AG (NVS) at 7.18%. This indicates that PAC's price experiences larger fluctuations and is considered to be riskier than NVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAC | NVS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.37% | 7.18% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 25.96% | 14.96% | +11.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.04% | 21.02% | +10.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.11% | 18.89% | +17.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.51% | 19.64% | +18.87% |
Dividends
PAC vs. NVS - Dividend Comparison
PAC's dividend yield for the trailing twelve months is around 1.89%, less than NVS's 3.12% yield.
| Position | 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% |
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 1.89% | 3.33% | 4.14% | 4.88% | 5.02% | 4.17% | 0.00% | 4.99% | 6.27% | 5.83% | 4.50% | 3.98% |
Financials
PAC vs. NVS - Financials Comparison
This section allows you to compare key financial metrics between Grupo Aeroportuario del Pacífico, S.A.B. de C.V. and Novartis AG. 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
PAC vs. NVS - Profitability Comparison
PAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a gross profit of 6.29B and revenue of 11.37B. Therefore, the gross margin over that period was 55.3%.
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%.
PAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported an operating income of 5.04B and revenue of 11.37B, resulting in an operating margin of 44.4%.
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%.
PAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a net income of 3.31B and revenue of 11.37B, resulting in a net margin of 29.1%.
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%.
Frequently Asked Questions
PAC and NVS have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAC has higher volatility (10.37%) compared to NVS (7.18%). In terms of maximum drawdown, PAC dropped -73.20% vs NVS's -42.10%.
NVS currently has the higher Sharpe Ratio (1.47 vs 0.11), 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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