NOVT vs SIGI
Comparison between Novanta Inc (NOVT, Company) and Selective Insurance Group Inc (SIGI, Company).
NOVT is from the Technology sector, while SIGI is from the Financial Services sector.
5-Year PerformanceSIGI has outperformed NOVT, delivering a return of +6.0% compared to +4.2%
NOVT vs SIGI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NOVT vs SIGI - Historical Returns
Returns include dividend reinvestment.
NOVT vs SIGI - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NOVT | SIGI |
|---|---|---|
| 2026 | +39.73% | +11.62% |
| 2025 | -21.16% | -7.43% |
| 2024 | -7.02% | -5.18% |
| 2023 | +24.91% | +12.31% |
| 2022 | -21.81% | +11.74% |
| 2021 | +49.84% | +27.72% |
| 2020 | +29.17% | +4.06% |
| 2019 | +38.01% | +11.13% |
| 2018 | +24.75% | +7.40% |
| 2017 | +132.02% | +37.05% |
| 2016 | +58.85% | +35.02% |
| 2015 | N/A | +27.74% |
| 2014 | N/A | +5.02% |
| 2013 | N/A | +39.24% |
| 2012 | N/A | +8.98% |
| 2011 | N/A | -1.96% |
| 2010 | N/A | +11.59% |
| 2009 | N/A | -24.96% |
| 2008 | N/A | +3.26% |
| 2007 | N/A | -17.98% |
| 2006 | N/A | +4.91% |
| 2005 | N/A | +23.22% |
| 2004 | N/A | +39.66% |
| 2003 | N/A | +26.02% |
| 2002 | N/A | +12.16% |
| 2001 | N/A | -3.92% |
| 2000 | N/A | +49.73% |
| 1999 | N/A | -7.24% |
NOVT vs SIGI 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 SIGI was -63.07%, occurring on Mar 9, 2009. Recovery took 1604 trading sessions.
The current NOVT drawdown is -16.60%. The current SIGI drawdown is -11.95%.
| Rank | NOVT | SIGI |
|---|---|---|
| #1 | -46.71% Jul 16, 2024 - Nov 20, 2025 | -63.07% Dec 27, 2006 - May 14, 2013 |
| #2 | -38.60% Nov 4, 2021 - Jun 29, 2023 | -48.40% Aug 22, 2019 - Jun 24, 2021 |
| #3 | -34.98% Jul 17, 2023 - Jul 16, 2024 | -34.86% May 3, 2002 - Sep 11, 2003 |
| #4 | -31.80% Feb 13, 2020 - May 20, 2020 | -30.47% Mar 28, 2024 - Nov 3, 2025 |
| #5 | -27.81% Aug 27, 2018 - Feb 22, 2019 | -29.17% Jun 21, 2001 - Apr 12, 2002 |
| #6 | -24.96% Jun 28, 2019 - Jan 13, 2020 | -21.89% Nov 29, 2013 - Feb 5, 2015 |
| #7 | -19.00% Nov 21, 2017 - Jan 16, 2018 | -20.67% Nov 2, 1999 - Apr 19, 2000 |
| #8 | -18.56% Jan 26, 2018 - Apr 17, 2018 | -20.53% May 16, 2000 - Nov 13, 2000 |
| #9 | -16.09% Aug 6, 2020 - Oct 9, 2020 | -20.28% Oct 28, 2015 - Apr 1, 2016 |
| #10 | -15.54% Feb 12, 2021 - Aug 11, 2021 | -19.32% Jan 16, 2001 - May 3, 2001 |
| #11 | -11.81% Jun 5, 2020 - Aug 6, 2020 | -17.42% Apr 1, 2022 - Oct 19, 2022 |
| #12 | -11.56% Apr 12, 2019 - Jun 18, 2019 | -15.36% Jul 2, 2004 - Oct 27, 2004 |
| #13 | -11.54% Jun 14, 2018 - Jul 20, 2018 | -14.92% Oct 30, 2018 - Feb 20, 2019 |
| #14 | -11.40% Jan 5, 2016 - Mar 4, 2016 | -13.95% Sep 7, 2016 - Nov 22, 2016 |
| #15 | -11.16% Sep 24, 2021 - Oct 22, 2021 | -13.29% Mar 4, 2004 - Jun 23, 2004 |
Correlation
Correlation between NOVT and SIGI is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.
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