REMIX vs. NVO
REMIX (Standpoint Multi-Asset Fund Investor Class) is Macro Trading fund managed by Standpoint Asset Management, while NVO (Novo Nordisk A/S) is a stock. Over the past 5 years, REMIX returned 8.55%/yr vs 4.43%/yr for NVO. At a 0.26 correlation, their price movements are largely independent.
Performance
REMIX vs. NVO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, REMIX achieves a 11.87% return, which is significantly higher than NVO's 0.91% return.
REMIX
- 1D
- -1.02%
- 1M
- -0.78%
- 6M
- 8.06%
- YTD
- 11.87%
- 1Y
- 24.76%
- 3Y*
- 9.80%
- 5Y*
- 8.55%
- 10Y*
- —
- ALL TIME*
- 11.11%
NVO
- 1D
- -1.41%
- 1M
- 14.86%
- 6M
- -17.63%
- YTD
- 0.91%
- 1Y
- -19.26%
- 3Y*
- -13.51%
- 5Y*
- 4.43%
- 10Y*
- 8.18%
- ALL TIME*
- 14.52%
REMIX vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
REMIX Standpoint Multi-Asset Fund Investor Class | 11.87% | 3.85% | 12.92% | 5.53% | 3.44% | 19.81% | 16.06% |
NVO Novo Nordisk A/S | 0.91% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% |
Correlation
The correlation between REMIX and NVO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020 | 0.26 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
REMIX vs. NVO — Risk / Return Rank
REMIX
NVO
REMIX vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Standpoint Multi-Asset Fund Investor Class (REMIX) and Novo Nordisk A/S (NVO). 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.
| REMIX | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.97 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | -0.39 | +3.80 |
| Martin ratioReturn relative to average drawdown | 11.12 | -0.61 | +11.73 |
Loading charts...
Drawdowns
REMIX vs. NVO - Drawdown Comparison
The maximum REMIX drawdown since its inception was -17.89%, smaller than the maximum NVO drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for REMIX and NVO.
Loading charts...
Drawdown Indicators
| REMIX | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.89% | -74.70% | +56.81% |
Max Drawdown (1Y)Largest decline over 1 year | -7.28% | -49.17% | +41.89% |
Max Drawdown (3Y)Largest decline over 3 years | -17.89% | -74.70% | +56.81% |
Max Drawdown (5Y)Largest decline over 5 years | -17.89% | -74.70% | +56.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.70% | — |
Current DrawdownCurrent decline from peak | -5.50% | -63.95% | +58.45% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -17.89% | +14.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 31.75% | -29.53% |
Volatility
REMIX vs. NVO - Volatility Comparison
The current volatility for Standpoint Multi-Asset Fund Investor Class (REMIX) is 3.19%, while Novo Nordisk A/S (NVO) has a volatility of 9.48%. This indicates that REMIX experiences smaller price fluctuations and is considered to be less risky than NVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| REMIX | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 9.48% | -6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 9.81% | 37.43% | -27.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.98% | 51.79% | -38.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.74% | 38.58% | -26.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.78% | 32.63% | -20.85% |
Dividends
REMIX vs. NVO - Dividend Comparison
REMIX's dividend yield for the trailing twelve months is around 0.42%, less than NVO's 3.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 3.63% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
REMIX Standpoint Multi-Asset Fund Investor Class | 0.42% | 0.47% | 5.52% | 3.46% | 2.48% | 6.04% | 1.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
REMIX and NVO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVO has higher volatility (9.48%) compared to REMIX (3.19%). In terms of maximum drawdown, REMIX dropped -17.89% vs NVO's -74.70%.
REMIX currently has the higher Sharpe Ratio (1.91 vs -0.37), 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.
Find the right allocation for REMIX and NVO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer