SMNEY vs. NOVO-B.CO

Last updated Jun 9, 2026

SMNEY (Siemens Energy AG) and NOVO-B.CO (Novo Nordisk A/S) are both stocks. SMNEY operates in Specialty Industrial Machinery (Industrials), while NOVO-B.CO operates in Biotechnology (Healthcare). At a 0.12 correlation, their price movements are largely independent.

Performance

SMNEY vs. NOVO-B.CO - Performance Comparison

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

Different Trading Currencies

SMNEY 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

SMNEY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SMNEY Siemens Energy AG	25.32%	167.97%	298.17%	-29.76%	-27.66%	-31.90%	21.11%
NOVO-B.CO Novo Nordisk A/S	-14.86%	-39.54%	-15.04%	214.95%	23.90%	65.39%	1.71%

Correlation

The correlation between SMNEY 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	0.11
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020	0.12

Return for Risk

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

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for Siemens Energy AG (SMNEY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SMNEY	NOVO-B.CO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.75	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.31	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.66	—

Drawdowns

Drawdown Indicators

	SMNEY	NOVO-B.CO	Difference
Max Drawdown Largest peak-to-trough decline	—	-74.86%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-54.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-74.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-74.86%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-74.86%	—
Current Drawdown Current decline from peak	—	-69.56%	—
Average Drawdown Average peak-to-trough decline	—	-12.33%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	36.42%	—

Volatility

Volatility by Period

	SMNEY	NOVO-B.CO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	40.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	55.90%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	58.91%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	45.47%	—

Dividends

SMNEY vs. NOVO-B.CO - Dividend Comparison

SMNEY 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%
SMNEY Siemens Energy AG	0.00%	0.00%	0.00%	0.00%	0.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

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

SMNEY 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.