SOF.BR vs. NVO
SOF.BR (Sofina Société Anonyme) and NVO (Novo Nordisk A/S) are both stocks. SOF.BR operates in Asset Management (Financial Services), while NVO operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, SOF.BR returned 8.03%/yr vs 7.22%/yr for NVO. At a 0.17 correlation, their price movements are largely independent.
Performance
SOF.BR vs. NVO - Performance Comparison
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Different Trading Currencies
SOF.BR is traded in EUR, while NVO is traded in USD. To make them comparable, the NVO values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SOF.BR achieves a -11.22% return, which is significantly lower than NVO's -9.37% return. Over the past 10 years, SOF.BR has outperformed NVO with an annualized return of 8.03%, while NVO has yielded a comparatively lower 7.22% annualized return.
SOF.BR
- 1D
- 2.26%
- 1M
- 0.78%
- YTD
- -11.22%
- 6M
- -7.94%
- 1Y
- -13.53%
- 3Y*
- 3.50%
- 5Y*
- -8.43%
- 10Y*
- 8.03%
NVO
- 1D
- -0.10%
- 1M
- -1.42%
- YTD
- -9.37%
- 6M
- -8.16%
- 1Y
- -42.56%
- 3Y*
- -17.53%
- 5Y*
- 3.87%
- 10Y*
- 7.22%
SOF.BR vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOF.BR Sofina Société Anonyme | -11.22% | 14.69% | -1.65% | 11.37% | -51.86% | 57.47% | 45.71% | 17.99% | 28.74% | 6.68% |
NVO Novo Nordisk A/S | -9.37% | -46.43% | -10.38% | 50.20% | 30.26% | 75.75% | 13.17% | 31.61% | -8.89% | 34.13% |
Correlation
The correlation between SOF.BR and NVO is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2007 | 0.17 |
The correlation between SOF.BR and NVO shifts across timeframes, from 0.06 (3 years) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SOF.BR vs. NVO — Risk / Return Rank
SOF.BR
NVO
SOF.BR vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sofina Société Anonyme (SOF.BR) 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.
| SOF.BR | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.85 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | -0.80 | +0.19 |
| Martin ratioReturn relative to average drawdown | -1.08 | -1.16 | +0.08 |
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Drawdowns
SOF.BR vs. NVO - Drawdown Comparison
The maximum SOF.BR drawdown since its inception was -59.53%, smaller than the maximum NVO drawdown of -76.45%. Use the drawdown chart below to compare losses from any high point for SOF.BR and NVO.
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Drawdown Indicators
| SOF.BR | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.53% | -76.45% | +16.92% |
Max Drawdown (1Y)Largest decline over 1 year | -26.62% | -54.18% | +27.56% |
Max Drawdown (3Y)Largest decline over 3 years | -26.62% | -76.45% | +49.83% |
Max Drawdown (5Y)Largest decline over 5 years | -59.53% | -76.45% | +16.92% |
Max Drawdown (10Y)Largest decline over 10 years | -59.53% | -76.45% | +16.92% |
Current DrawdownCurrent decline from peak | -46.64% | -70.47% | +23.83% |
Average DrawdownAverage peak-to-trough decline | -19.13% | -13.82% | -5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.02% | 38.02% | -23.00% |
Volatility
SOF.BR vs. NVO - Volatility Comparison
The current volatility for Sofina Société Anonyme (SOF.BR) is 6.23%, while Novo Nordisk A/S (NVO) has a volatility of 10.26%. This indicates that SOF.BR 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
| SOF.BR | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 10.26% | -4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 16.85% | 37.42% | -20.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.40% | 50.86% | -27.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.53% | 38.01% | -9.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.81% | 32.48% | -7.67% |
Dividends
SOF.BR vs. NVO - Dividend Comparison
SOF.BR's dividend yield for the trailing twelve months is around 1.18%, less than NVO's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVO Novo Nordisk A/S | 4.11% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
SOF.BR Sofina Société Anonyme | 1.18% | 1.41% | 1.53% | 1.44% | 1.52% | 0.70% | 1.05% | 1.45% | 1.61% | 1.95% | 1.96% | 2.21% |
Financials
SOF.BR vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Sofina Société Anonyme 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
Frequently Asked Questions
SOF.BR and NVO 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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