POET vs. NOVO-B.CO

Last updated Jun 9, 2026

POET (POET Technologies Inc) and NOVO-B.CO (Novo Nordisk A/S) are both stocks. POET operates in Semiconductors (Technology), while NOVO-B.CO operates in Biotechnology (Healthcare). Over the past 10 years, POET returned 5.63%/yr vs 16.29%/yr for NOVO-B.CO. At a 0.08 correlation, their price movements are largely independent.

Performance

POET vs. NOVO-B.CO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in POET Technologies Inc (POET) and Novo Nordisk A/S (NOVO-B.CO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

POET is traded in USD, while NOVO-B.CO is traded in DKK. To make them comparable, the NOVO-B.CO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, POET achieves a 94.00% return, which is significantly higher than NOVO-B.CO's -14.86% return. Over the past 10 years, POET has underperformed NOVO-B.CO with an annualized return of 5.63%, while NOVO-B.CO has yielded a comparatively higher 16.29% annualized return.

POET

• 1D: 3.54%
• 1M: 12.15%
• YTD: 94.00%
• 6M: 97.11%
• 1Y: 193.08%
• 3Y*: 34.92%
• 5Y*: 5.05%
• 10Y*: 5.63%

NOVO-B.CO

• 1D: 0.00%
• 1M: -8.03%
• YTD: -14.86%
• 6M: -6.49%
• 1Y: -41.18%
• 3Y*: 5.14%
• 5Y*: 18.06%
• 10Y*: 16.29%

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

POET vs. NOVO-B.CO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POET POET Technologies Inc	94.00%	6.39%	536.09%	-69.03%	-57.46%	9.79%	130.96%	38.41%	19.00%	-29.75%
NOVO-B.CO Novo Nordisk A/S	-14.86%	-39.54%	-15.04%	214.95%	23.90%	65.39%	27.16%	32.88%	-10.64%	58.82%

Correlation

The correlation between POET and NOVO-B.CO is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.08

Return for Risk

POET vs. NOVO-B.CO — Risk / Return Rank

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

POET

POET Risk / Return Rank: 83
POET Sharpe Ratio Rank: 81
POET Sortino Ratio Rank: 83
POET Omega Ratio Rank: 84
POET Calmar Ratio Rank: 86
POET Martin Ratio Rank: 81

NOVO-B.CO

NOVO-B.CO Risk / Return Rank: 13
NOVO-B.CO Sharpe Ratio Rank: 10
NOVO-B.CO Sortino Ratio Rank: 13
NOVO-B.CO Omega Ratio Rank: 12
NOVO-B.CO Calmar Ratio Rank: 12
NOVO-B.CO Martin Ratio Rank: 17

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.

POET vs. NOVO-B.CO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for POET Technologies Inc (POET) and Novo Nordisk A/S (NOVO-B.CO). 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.

	POET	NOVO-B.CO	Difference
Sharpe ratio: Return per unit of total volatility	1.39	-0.75	+2.14
Sortino ratio: Return per unit of downside risk	2.47	-0.84	+3.31
Omega ratio: Gain probability vs. loss probability	1.33	0.88	+0.45
Calmar ratio: Return relative to maximum drawdown	3.45	-0.76	+4.21
Martin ratio: Return relative to average drawdown	6.62	-1.14	+7.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POET vs. NOVO-B.CO - Sharpe Ratio Comparison

The current POET Sharpe Ratio is 1.39, which is higher than the NOVO-B.CO Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of POET and NOVO-B.CO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	POET	NOVO-B.CO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	-0.75	+2.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.31	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	0.36	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.66	-0.59

Drawdowns

POET vs. NOVO-B.CO - Drawdown Comparison

The maximum POET drawdown since its inception was -93.47%, which is greater than NOVO-B.CO's maximum drawdown of -74.86%. Use the drawdown chart below to compare losses from any high point for POET and NOVO-B.CO.

Drawdown Indicators

	POET	NOVO-B.CO	Difference
Max Drawdown Largest peak-to-trough decline	-93.47%	-74.86%	-18.61%
Max Drawdown (1Y) Largest decline over 1 year	-56.29%	-54.88%	-1.41%
Max Drawdown (3Y) Largest decline over 3 years	-85.85%	-74.86%	-10.99%
Max Drawdown (5Y) Largest decline over 5 years	-93.47%	-74.86%	-18.61%
Max Drawdown (10Y) Largest decline over 10 years	-93.47%	-74.86%	-18.61%
Current Drawdown Current decline from peak	-40.30%	-69.56%	+29.26%
Average Drawdown Average peak-to-trough decline	-61.10%	-12.33%	-48.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.30%	36.42%	-7.12%

Volatility

POET vs. NOVO-B.CO - Volatility Comparison

POET Technologies Inc (POET) has a higher volatility of 66.01% compared to Novo Nordisk A/S (NOVO-B.CO) at 11.16%. This indicates that POET's price experiences larger fluctuations and is considered to be riskier than NOVO-B.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POET	NOVO-B.CO	Difference
Volatility (1M) Calculated over the trailing 1-month period	66.01%	11.16%	+54.85%
Volatility (6M) Calculated over the trailing 6-month period	121.88%	40.40%	+81.48%
Volatility (1Y) Calculated over the trailing 1-year period	139.98%	55.90%	+84.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.21%	58.91%	+48.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	99.13%	45.47%	+53.66%

Dividends

POET vs. NOVO-B.CO - Dividend Comparison

POET has not paid dividends to shareholders, while NOVO-B.CO's dividend yield for the trailing twelve months is around 4.35%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NOVO-B.CO Novo Nordisk A/S	4.35%	3.58%	1.59%	1.01%	2.38%	2.54%	4.03%	4.22%	5.27%	4.54%	7.38%	2.50%
POET POET Technologies Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both POET and NOVO-B.CO in my portfolio?

POET and NOVO-B.CO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.