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RGTI vs. NOVO-B.CO
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

RGTI vs. NOVO-B.CO

Last updated Jun 13, 2026

RGTI (Rigetti Computing Inc) and NOVO-B.CO (Novo Nordisk A/S) are both stocks. RGTI operates in Computer Hardware (Technology), while NOVO-B.CO operates in Biotechnology (Healthcare). Over the past 5 years, RGTI returned 16.53%/yr vs 19.41%/yr for NOVO-B.CO. At a 0.08 correlation, their price movements are largely independent.

Performance

RGTI vs. NOVO-B.CO - Performance Comparison

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

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Different Trading Currencies

RGTI 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, RGTI achieves a -5.28% return, which is significantly higher than NOVO-B.CO's -10.15% return.

RGTI

1D
1.70%
1M
8.87%
YTD
-5.28%
6M
-18.81%
1Y
84.04%
3Y*
152.06%
5Y*
16.53%
10Y*
—

NOVO-B.CO

1D
1.53%
1M
-5.28%
YTD
-10.15%
6M
-8.95%
1Y
-41.84%
3Y*
6.83%
5Y*
19.41%
10Y*
17.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024202320222021
RGTI
Rigetti Computing Inc		-5.28%45.15%1,449.40%35.07%-92.91%3.94%
NOVO-B.CO
Novo Nordisk A/S		-10.15%-39.54%-15.04%214.95%23.90%52.65%

Correlation

The correlation between RGTI and NOVO-B.CO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.10

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.08

Correlation (All Time)
Calculated using the full available price history since Apr 22, 2021

0.08

Compare stocks, funds, or ETFs

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Rigetti Computing Inc

Novo Nordisk A/S

Often compared with RGTI:
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Often compared with NOVO-B.CO:
NOVO-B.CO vs. SPYNOVO-B.CO vs. LLYNOVO-B.CO vs. QQQNOVO-B.CO vs. NOV.DENOVO-B.CO vs. SAABYNOVO-B.CO vs. LLY.DENOVO-B.CO vs. MONC.MI

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RGTI
RGTI Risk / Return Rank: 6565
Overall Rank
RGTI Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
RGTI Sortino Ratio Rank: 7373
Sortino Ratio Rank
RGTI Omega Ratio Rank: 6767
Omega Ratio Rank
RGTI Calmar Ratio Rank: 6363
Calmar Ratio Rank
RGTI Martin Ratio Rank: 5858
Martin Ratio Rank
NOVO-B.CO
NOVO-B.CO Risk / Return Rank: 1313
Overall Rank
NOVO-B.CO Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
NOVO-B.CO Sortino Ratio Rank: 1414
Sortino Ratio Rank
NOVO-B.CO Omega Ratio Rank: 1212
Omega Ratio Rank
NOVO-B.CO Calmar Ratio Rank: 1313
Calmar Ratio Rank
NOVO-B.CO Martin Ratio Rank: 1717
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for Rigetti Computing Inc (RGTI) 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.

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.

RGTINOVO-B.CODifference
Sharpe ratioReturn per unit of total volatility
0.68
-0.77

+1.45

Sortino ratioReturn per unit of downside risk
1.78
-0.89

+2.67

Omega ratioGain probability vs. loss probability

1.19

0.88

+0.32

Calmar ratioReturn relative to maximum drawdown

0.96

-0.79

+1.74

Martin ratioReturn relative to average drawdown

1.47

-1.17

+2.65

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

The current RGTI Sharpe Ratio is 0.68, which is higher than the NOVO-B.CO Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of RGTI 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.

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Drawdowns

RGTI vs. NOVO-B.CO - Drawdown Comparison

The maximum RGTI drawdown since its inception was -96.89%, 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 RGTI and NOVO-B.CO.

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Drawdown Indicators

RGTINOVO-B.CODifference

Max Drawdown

Largest peak-to-trough decline

-96.89%

-74.86%

-22.03%

Max Drawdown (1Y)

Largest decline over 1 year

-77.10%

-54.48%

-22.62%

Max Drawdown (3Y)

Largest decline over 3 years

-78.83%

-74.86%

-3.97%

Max Drawdown (5Y)

Largest decline over 5 years

-96.89%

-74.86%

-22.03%

Max Drawdown (10Y)

Largest decline over 10 years

—

-74.86%

—

Current Drawdown

Current decline from peak

-62.76%

-67.88%

+5.12%

Average Drawdown

Average peak-to-trough decline

-58.84%

-12.38%

-46.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

49.98%

36.72%

+13.26%

Volatility

RGTI vs. NOVO-B.CO - Volatility Comparison

Rigetti Computing Inc (RGTI) has a higher volatility of 44.79% compared to Novo Nordisk A/S (NOVO-B.CO) at 12.08%. This indicates that RGTI'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.

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Volatility by Period

RGTINOVO-B.CODifference

Volatility (1M)

Calculated over the trailing 1-month period

44.79%

12.08%

+32.71%

Volatility (6M)

Calculated over the trailing 6-month period

71.15%

40.71%

+30.44%

Volatility (1Y)

Calculated over the trailing 1-year period

109.21%

55.70%

+53.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

128.97%

58.93%

+70.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

127.17%

45.48%

+81.69%

Dividends

RGTI vs. NOVO-B.CO - Dividend Comparison

RGTI has not paid dividends to shareholders, while NOVO-B.CO's dividend yield for the trailing twelve months is around 4.07%.

PositionTTM20252024202320222021202020192018201720162015
NOVO-B.CO
Novo Nordisk A/S		4.07%3.58%1.59%1.01%2.38%2.54%4.03%4.22%5.27%4.54%7.38%2.50%
RGTI
Rigetti Computing 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

RGTI vs. NOVO-B.CO - Financials Comparison

This section allows you to compare key financial metrics between Rigetti Computing Inc and Novo Nordisk A/S. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Please note, different currencies. RGTI values in USD, NOVO-B.CO values in DKK

Frequently Asked Questions

RGTI and NOVO-B.CO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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