NOVT vs OBDC
Comparison between Novanta Inc (NOVT, Company) and Blue Owl Capital Corp (OBDC, Company).
NOVT is from the Technology sector, while OBDC is from the Financial Services sector.
5-Year PerformanceOBDC has outperformed NOVT, delivering a return of +5.5% compared to +3.2%
NOVT vs OBDC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NOVT vs OBDC - Historical Returns
Returns include dividend reinvestment.
NOVT vs OBDC - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | NOVT | OBDC |
|---|---|---|
| 2026 | +44.55% | -8.17% |
| 2025 | -21.16% | -8.81% |
| 2024 | -7.02% | +15.02% |
| 2023 | +24.91% | +39.62% |
| 2022 | -21.81% | -9.92% |
| 2021 | +49.84% | +25.48% |
| 2020 | +29.17% | -19.05% |
| 2019 | +38.01% | +20.16% |
| 2018 | +24.75% | N/A |
| 2017 | +132.02% | N/A |
| 2016 | +58.85% | N/A |
NOVT vs OBDC Drawdown Comparison
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The maximum drawdown for OBDC was -56.04%, occurring on Mar 23, 2020. Recovery took 570 trading sessions.
The current NOVT drawdown is -13.72%. The current OBDC drawdown is -18.95%.
| Rank | NOVT | OBDC |
|---|---|---|
| #1 | -46.71% Jul 16, 2024 - Nov 20, 2025 | -56.04% Dec 27, 2019 - Apr 1, 2022 |
| #2 | -38.60% Nov 4, 2021 - Jun 29, 2023 | -28.12% Apr 14, 2022 - Jun 1, 2023 |
| #3 | -34.98% Jul 17, 2023 - Jul 16, 2024 | -23.90% Jul 17, 2025 - Mar 27, 2026 |
| #4 | -31.80% Feb 13, 2020 - May 20, 2020 | -17.93% Feb 19, 2025 - Jul 16, 2025 |
| #5 | -27.81% Aug 27, 2018 - Feb 22, 2019 | -13.20% May 31, 2024 - Feb 18, 2025 |
| #6 | -24.96% Jun 28, 2019 - Jan 13, 2020 | -11.00% Sep 19, 2019 - Nov 8, 2019 |
| #7 | -19.00% Nov 21, 2017 - Jan 16, 2018 | -6.12% Sep 28, 2023 - Nov 3, 2023 |
| #8 | -18.56% Jan 26, 2018 - Apr 17, 2018 | -5.72% Jul 31, 2023 - Sep 28, 2023 |
| #9 | -16.09% Aug 6, 2020 - Oct 9, 2020 | -3.97% Jan 22, 2024 - Feb 22, 2024 |
| #10 | -15.54% Feb 12, 2021 - Aug 11, 2021 | -3.85% Jun 16, 2023 - Jul 3, 2023 |
| #11 | -11.81% Jun 5, 2020 - Aug 6, 2020 | -3.30% Nov 14, 2019 - Dec 19, 2019 |
| #12 | -11.56% Apr 12, 2019 - Jun 18, 2019 | -2.09% Sep 6, 2019 - Sep 13, 2019 |
| #13 | -11.54% Jun 14, 2018 - Jul 20, 2018 | -2.05% Jun 7, 2023 - Jun 16, 2023 |
| #14 | -11.40% Jan 5, 2016 - Mar 4, 2016 | -1.94% Aug 13, 2019 - Sep 4, 2019 |
| #15 | -11.16% Sep 24, 2021 - Oct 22, 2021 | -1.73% Apr 8, 2024 - Apr 22, 2024 |
Correlation
Correlation between NOVT and OBDC is 0.47 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
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