XRP-USD vs. NOVO-B.CO
XRP-USD (XRP) is a cryptocurrency, while NOVO-B.CO (Novo Nordisk A/S) is a stock. Over the past 5 years, XRP-USD returned 5.19%/yr vs 19.41%/yr for NOVO-B.CO. At a 0.05 correlation, their price movements are largely independent.
Performance
XRP-USD vs. NOVO-B.CO - Performance Comparison
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Different Trading Currencies
XRP-USD 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, XRP-USD achieves a -37.47% return, which is significantly lower than NOVO-B.CO's -10.15% return.
XRP-USD
- 1D
- 1.46%
- 1M
- -22.57%
- YTD
- -37.47%
- 6M
- -43.16%
- 1Y
- -46.47%
- 3Y*
- 33.79%
- 5Y*
- 5.19%
- 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%
XRP-USD vs. NOVO-B.CO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XRP-USD XRP | -37.47% | -11.56% | 237.88% | 81.04% | -59.10% | 278.06% | 13.98% | -45.31% | -84.67% | 38,242.83% |
NOVO-B.CO Novo Nordisk A/S | -10.15% | -39.54% | -15.04% | 214.95% | 23.90% | 65.39% | 27.16% | 32.88% | -10.64% | 58.82% |
Correlation
The correlation between XRP-USD and NOVO-B.CO is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2017 | 0.05 |
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Return for Risk
XRP-USD vs. NOVO-B.CO — Risk / Return Rank
XRP-USD
NOVO-B.CO
XRP-USD vs. NOVO-B.CO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for XRP (XRP-USD) 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.
| XRP-USD | NOVO-B.CO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.88 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | -0.79 | +0.12 |
| Martin ratioReturn relative to average drawdown | -1.06 | -1.17 | +0.12 |
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Drawdowns
XRP-USD vs. NOVO-B.CO - Drawdown Comparison
The maximum XRP-USD drawdown since its inception was -95.87%, 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 XRP-USD and NOVO-B.CO.
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Drawdown Indicators
| XRP-USD | NOVO-B.CO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.87% | -74.86% | -21.01% |
Max Drawdown (1Y)Largest decline over 1 year | -69.23% | -54.48% | -14.75% |
Max Drawdown (3Y)Largest decline over 3 years | -69.23% | -74.86% | +5.63% |
Max Drawdown (5Y)Largest decline over 5 years | -77.83% | -74.86% | -2.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.86% | — |
Current DrawdownCurrent decline from peak | -67.62% | -67.88% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -70.99% | -12.38% | -58.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.98% | 36.72% | +7.26% |
Volatility
XRP-USD vs. NOVO-B.CO - Volatility Comparison
XRP (XRP-USD) has a higher volatility of 14.05% compared to Novo Nordisk A/S (NOVO-B.CO) at 12.08%. This indicates that XRP-USD'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
| XRP-USD | NOVO-B.CO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.05% | 12.08% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 46.30% | 40.71% | +5.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.19% | 55.70% | +0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.34% | 58.93% | +13.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 111.77% | 45.48% | +66.29% |
Frequently Asked Questions
XRP-USD and NOVO-B.CO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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