RS vs. NVO
RS (Reliance Steel & Aluminum Co.) and NVO (Novo Nordisk A/S) are both stocks. RS operates in Steel (Basic Materials), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, RS returned 20.17%/yr vs 6.20%/yr for NVO. At a 0.20 correlation, their price movements are largely independent.
Performance
RS vs. NVO - Performance Comparison
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Returns By Period
In the year-to-date period, RS achieves a 38.20% return, which is significantly higher than NVO's -16.56% return. Over the past 10 years, RS has outperformed NVO with an annualized return of 20.17%, while NVO has yielded a comparatively lower 6.20% annualized return.
RS
- 1D
- 0.47%
- 1M
- 7.67%
- YTD
- 38.20%
- 6M
- 41.93%
- 1Y
- 29.99%
- 3Y*
- 18.94%
- 5Y*
- 19.92%
- 10Y*
- 20.17%
NVO
- 1D
- -4.52%
- 1M
- -10.96%
- YTD
- -16.56%
- 6M
- -9.23%
- 1Y
- -42.47%
- 3Y*
- -17.53%
- 5Y*
- 1.78%
- 10Y*
- 6.20%
RS vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RS Reliance Steel & Aluminum Co. | 38.20% | 9.12% | -2.33% | 40.29% | 27.08% | 37.84% | 2.42% | 72.21% | -15.12% | 10.49% |
NVO Novo Nordisk A/S | -16.56% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 23.33% | 28.70% | -12.98% | 52.92% |
Correlation
The correlation between RS and NVO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 1994 | 0.20 |
Fundamentals
RS:
$14.01
NVO:
$27.42
RS:
28.29
NVO:
1.50
RS:
1.46
NVO:
0.56
RS:
$14.29B
NVO:
$327.80B
RS:
$3.90B
NVO:
$268.30B
RS:
$1.30B
NVO:
$181.54B
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Return for Risk
RS vs. NVO — Risk / Return Rank
RS
NVO
RS vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Reliance Steel & Aluminum Co. (RS) 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.
| RS | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.03 | ||
| Sortino ratioReturn per unit of downside risk | +2.65 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.86 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | -0.77 | +2.13 |
| Martin ratioReturn relative to average drawdown | 2.33 | -1.14 | +3.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RS | NVO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | -0.82 | +2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.05 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.19 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.47 | -0.01 |
Drawdowns
RS vs. NVO - Drawdown Comparison
The maximum RS drawdown since its inception was -83.80%, which is greater than NVO's maximum drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for RS and NVO.
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Drawdown Indicators
| RS | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.80% | -74.70% | -9.10% |
Max Drawdown (1Y)Largest decline over 1 year | -22.30% | -55.03% | +32.73% |
Max Drawdown (3Y)Largest decline over 3 years | -22.30% | -74.70% | +52.40% |
Max Drawdown (5Y)Largest decline over 5 years | -22.32% | -74.70% | +52.38% |
Max Drawdown (10Y)Largest decline over 10 years | -40.83% | -74.70% | +33.87% |
Current DrawdownCurrent decline from peak | -0.05% | -70.19% | +70.14% |
Average DrawdownAverage peak-to-trough decline | -16.48% | -17.77% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.90% | 37.21% | -24.31% |
Volatility
RS vs. NVO - Volatility Comparison
The current volatility for Reliance Steel & Aluminum Co. (RS) is 5.48%, while Novo Nordisk A/S (NVO) has a volatility of 9.75%. This indicates that RS 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.
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Volatility by Period
| RS | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 9.75% | -4.27% |
Volatility (6M)Calculated over the trailing 6-month period | 16.63% | 38.30% | -21.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.03% | 52.08% | -27.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.92% | 38.31% | -10.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.64% | 32.56% | -2.92% |
Dividends
RS vs. NVO - Dividend Comparison
RS's dividend yield for the trailing twelve months is around 1.24%, less than NVO's 4.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 4.39% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
RS Reliance Steel & Aluminum Co. | 1.24% | 1.66% | 1.63% | 1.43% | 1.73% | 1.70% | 2.09% | 1.84% | 2.81% | 2.10% | 2.07% | 2.76% |
Financials
RS vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Reliance Steel & Aluminum Co. 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.
Total Revenue: Total amount of money received from sales and other business activities
RS vs. NVO - Profitability Comparison
RS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a gross profit of 885.40M and revenue of 3.50B. Therefore, the gross margin over that period was 25.3%.
NVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported a gross profit of 83.23B and revenue of 96.82B. Therefore, the gross margin over that period was 86.0%.
RS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported an operating income of 176.20M and revenue of 3.50B, resulting in an operating margin of 5.0%.
NVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported an operating income of 59.62B and revenue of 96.82B, resulting in an operating margin of 61.6%.
RS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a net income of 116.50M and revenue of 3.50B, resulting in a net margin of 3.3%.
NVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Novo Nordisk A/S reported a net income of 48.56B and revenue of 96.82B, resulting in a net margin of 50.2%.
Frequently Asked Questions
RS and NVO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVO has higher volatility (9.75%) compared to RS (5.48%). In terms of maximum drawdown, RS dropped -83.80% vs NVO's -74.70%.
RS currently has the higher Sharpe Ratio (1.21 vs -0.82), 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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