SOON.SW vs. NVO
SOON.SW (Sonova H Ag) and NVO (Novo Nordisk A/S) are both stocks. Both are in the Healthcare sector — SOON.SW in Medical Devices, NVO in Drug Manufacturers - General. Over the past 10 years, SOON.SW returned 5.97%/yr vs 6.07%/yr for NVO. At a 0.24 correlation, their price movements are largely independent.
Performance
SOON.SW vs. NVO - Performance Comparison
Loading charts...
Different Trading Currencies
SOON.SW is traded in CHF, while NVO is traded in USD. To make them comparable, the NVO values have been converted to CHF using the latest available exchange rates.
Returns By Period
In the year-to-date period, SOON.SW achieves a 1.51% return, which is significantly lower than NVO's 3.08% return. Both investments have delivered pretty close results over the past 10 years, with SOON.SW having a 5.97% annualized return and NVO not far ahead at 6.07%.
SOON.SW
- 1D
- -0.10%
- 1M
- 6.21%
- 6M
- -1.11%
- YTD
- 1.51%
- 1Y
- -10.50%
- 3Y*
- -2.98%
- 5Y*
- -8.16%
- 10Y*
- 5.97%
- ALL TIME*
- 6.87%
NVO
- 1D
- -0.98%
- 1M
- 15.78%
- 6M
- -16.79%
- YTD
- 3.08%
- 1Y
- -18.35%
- 3Y*
- -15.39%
- 5Y*
- 1.86%
- 10Y*
- 6.07%
- ALL TIME*
- 11.91%
SOON.SW vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOON.SW Sonova H Ag | 1.51% | -28.89% | 9.63% | 27.56% | -37.76% | 57.10% | 4.53% | 39.68% | 7.11% | 25.10% |
NVO Novo Nordisk A/S | 3.08% | -46.89% | -9.31% | 40.98% | 24.34% | 68.34% | 12.93% | 26.52% | -12.13% | 46.43% |
Correlation
The correlation between SOON.SW and NVO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2007 | 0.24 |
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
SOON.SW vs. NVO — Risk / Return Rank
SOON.SW
NVO
SOON.SW vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sonova H Ag (SOON.SW) 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.
| SOON.SW | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.97 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | -0.37 | +0.02 |
| Martin ratioReturn relative to average drawdown | -0.67 | -0.58 | -0.10 |
Loading charts...
Drawdowns
SOON.SW vs. NVO - Drawdown Comparison
The maximum SOON.SW drawdown since its inception was -64.70%, smaller than the maximum NVO drawdown of -77.51%. Use the drawdown chart below to compare losses from any high point for SOON.SW and NVO.
Loading charts...
Drawdown Indicators
| SOON.SW | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.70% | -77.51% | +12.81% |
Max Drawdown (1Y)Largest decline over 1 year | -30.33% | -49.11% | +18.78% |
Max Drawdown (3Y)Largest decline over 3 years | -49.02% | -77.51% | +28.49% |
Max Drawdown (5Y)Largest decline over 5 years | -54.93% | -77.51% | +22.58% |
Max Drawdown (10Y)Largest decline over 10 years | -54.93% | -77.51% | +22.58% |
Current DrawdownCurrent decline from peak | -43.62% | -67.35% | +23.73% |
Average DrawdownAverage peak-to-trough decline | -19.00% | -14.18% | -4.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.65% | 31.85% | -16.20% |
Volatility
SOON.SW vs. NVO - Volatility Comparison
The current volatility for Sonova H Ag (SOON.SW) is 6.23%, while Novo Nordisk A/S (NVO) has a volatility of 9.59%. This indicates that SOON.SW 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
| SOON.SW | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 9.59% | -3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 21.59% | 37.06% | -15.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.73% | 51.06% | -24.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.69% | 38.75% | -10.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.56% | 32.88% | -5.32% |
Dividends
SOON.SW vs. NVO - Dividend Comparison
SOON.SW's dividend yield for the trailing twelve months is around 2.29%, 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% |
SOON.SW Sonova H Ag | 2.29% | 2.12% | 1.45% | 1.68% | 2.01% | 0.89% | 0.00% | 1.32% | 1.62% | 1.52% | 1.71% | 1.62% |
Financials
SOON.SW vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Sonova H Ag 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
SOON.SW and NVO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SOON.SW 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