StockComparison Logo
vs

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

Market Cap
NOVT
$5.53B
Winner
SIGI
$5.54B
Max Drawdown
Winner
NOVT
46.71%
SIGI
64.96%
Sharpe Ratio
Winner
NOVT
0.66
SIGI
0.38
5Y Beta
NOVT
1.60
Winner
SIGI
0.37
Industry
NOVT
Scientific & Technical Instruments
SIGI
Insurance - Property & Casualty
P/E Ratio
NOVT
103.23
Winner
SIGI
13.68
Forward P/E
Winner
NOVT
8.39
SIGI
11.24
PEG Ratio
NOVT
N/A
SIGI
0.19
Dividend Yield
NOVT
N/A
SIGI
1.75%
5Y Dividends CAGR
NOVT
N/A
SIGI
11.12%
5Y EPS CAGR
NOVT
3.84%
Winner
SIGI
14.90%
Debt to Equity
NOVT
18.41%
Winner
SIGI
0.00%
Free Cash Flow Yield
NOVT
1.24%
Winner
SIGI
20.47%

NOVT vs SIGI - Historical Returns

Returns include dividend reinvestment.

1M
NOVT
+2.66%
Winner
SIGI
+3.04%
3M
Winner
NOVT
+30.14%
SIGI
+24.28%
6M
Winner
NOVT
+28.17%
SIGI
+10.31%
1Y
Winner
NOVT
+27.14%
SIGI
+10.56%
5Y(CAGR)
NOVT
+4.21%
Winner
SIGI
+6.00%
10Y(CAGR)
Winner
NOVT
+25.62%
SIGI
+11.27%
Max(CAGR)
Winner
NOVT
+26.58%
SIGI
+11.28%

NOVT vs SIGI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearNOVTSIGI
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%
2015N/A+27.74%
2014N/A+5.02%
2013N/A+39.24%
2012N/A+8.98%
2011N/A-1.96%
2010N/A+11.59%
2009N/A-24.96%
2008N/A+3.26%
2007N/A-17.98%
2006N/A+4.91%
2005N/A+23.22%
2004N/A+39.66%
2003N/A+26.02%
2002N/A+12.16%
2001N/A-3.92%
2000N/A+49.73%
1999N/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%.

RankNOVTSIGI
#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.

0.90
-101

Select Stocks to Compare