NVAX vs MSDL

Comparison between Novavax Inc (NVAX, Company) and Morgan Stanley Direct Lending Fund (MSDL, Company).

NVAX is from the Healthcare sector, while MSDL is from the Financial Services sector.

NVAX vs MSDL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVAX(COMPANY)	MSDL(COMPANY)
Market Cap	$1.30B	$1.30B
Max Drawdown	98.82%	42.73%
Sharpe Ratio	0.40	-0.80
5Y Beta	1.45	0.54
Industry	Biotechnology	Asset Management
P/E Ratio	-14.68	15.07
Forward P/E	2.58	8.17
PEG Ratio	1.32	N/A
Dividend Yield	N/A	12.70%
5Y EPS CAGR	-42.97%	N/A
Debt to Equity	-201.05%	121.45%
Free Cash Flow Yield	-7.04%	15.59%
P/S Ratio	2.18	3.36
P/B Ratio	41.23	0.77

Market Cap

NVAX

$1.30B

Winner

MSDL

$1.30B

Max Drawdown

NVAX

98.82%

Winner

MSDL

42.73%

Sharpe Ratio

Winner

NVAX

0.40

MSDL

-0.80

5Y Beta

NVAX

1.45

Winner

MSDL

0.54

Industry

NVAX

Biotechnology

MSDL

Asset Management

P/E Ratio

Winner

NVAX

-14.68

MSDL

15.07

Forward P/E

Winner

NVAX

2.58

MSDL

8.17

PEG Ratio

NVAX

1.32

MSDL

N/A

Dividend Yield

NVAX

N/A

MSDL

12.70%

5Y EPS CAGR

NVAX

-42.97%

MSDL

N/A

Debt to Equity

Winner

NVAX

-201.05%

MSDL

121.45%

Free Cash Flow Yield

NVAX

-7.04%

Winner

MSDL

15.59%

P/S Ratio

Winner

NVAX

2.18

MSDL

3.36

P/B Ratio

NVAX

41.23

Winner

MSDL

0.77

NVAX vs MSDL - Historical Returns

Returns include dividend reinvestment.

Period	NVAX	MSDL
1 month	-13.06%	+2.03%
3 months	-3.99%	+3.53%
6 months	-14.67%	-1.85%
1 year	-0.19%	-13.26%
5 years(CAGR)	-47.87%	N/A
10 years(CAGR)	-25.42%	N/A
Max(CAGR)	-9.09%	-1.51%

NVAX

-13.06%

Winner

MSDL

+2.03%

NVAX

-3.99%

Winner

MSDL

+3.53%

NVAX

-14.67%

Winner

MSDL

-1.85%

Winner

NVAX

-0.19%

MSDL

-13.26%

5Y(CAGR)

NVAX

-47.87%

MSDL

N/A

10Y(CAGR)

NVAX

-25.42%

MSDL

N/A

Max(CAGR)

NVAX

-9.09%

Winner

MSDL

-1.51%

NVAX vs MSDL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NVAX	MSDL
2026	+9.75%	-2.68%
2025	-21.59%	-11.88%
2024	+59.84%	+11.06%
2023	-50.97%	N/A
2022	-92.81%	N/A
2021	+26.63%	N/A
2020	+2383.52%	N/A
2019	-89.90%	N/A
2018	+41.54%	N/A
2017	-2.36%	N/A
2016	-84.01%	N/A
2015	+45.66%	N/A
2014	+13.82%	N/A
2013	+159.90%	N/A
2012	+36.96%	N/A
2011	-50.97%	N/A
2010	-13.52%	N/A
2009	+31.68%	N/A
2008	-42.02%	N/A
2007	-13.95%	N/A
2006	+5.67%	N/A
2005	+18.83%	N/A
2004	-45.76%	N/A
2003	+114.29%	N/A
2002	-80.91%	N/A
2001	+67.66%	N/A
2000	+47.83%	N/A
1999	+12.40%	N/A

NVAX vs MSDL Drawdown Comparison

The maximum drawdown for NVAX was -98.82%, occurring on Feb 5, 2024. This drawdown has not yet recovered.

The maximum drawdown for MSDL was -29.56%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current NVAX drawdown is -97.55%. The current MSDL drawdown is -19.46%.

Rank	NVAX	MSDL
#1	-98.82% Feb 8, 2021 - Feb 5, 2024	-29.56% Jun 21, 2024 - Mar 27, 2026
#2	-98.77% Oct 9, 2001 - Feb 8, 2021	-6.13% May 9, 2024 - Jun 21, 2024
#3	-58.91% Mar 8, 2000 - Aug 3, 2001	-6.08% Mar 27, 2024 - May 6, 2024
#4	-28.27% Sep 10, 2001 - Oct 3, 2001	-4.94% Jan 25, 2024 - Mar 14, 2024
#5	-18.43% Nov 5, 1999 - Dec 16, 1999	-4.15% Mar 20, 2024 - Mar 22, 2024
#6	-12.63% Dec 17, 1999 - Jan 20, 2000	-2.76% Mar 22, 2024 - Mar 26, 2024
#7	-10.34% Jan 21, 2000 - Feb 8, 2000	-2.37% May 6, 2024 - May 8, 2024
#8	-8.57% Aug 22, 2001 - Sep 10, 2001	-1.63% Mar 15, 2024 - Mar 20, 2024
#9	-8.06% Feb 11, 2000 - Mar 1, 2000	N/A
#10	-6.68% Mar 6, 2000 - Mar 8, 2000	N/A
#11	-5.02% Oct 3, 2001 - Oct 9, 2001	N/A
#12	-3.72% Aug 6, 2001 - Aug 9, 2001	N/A
#13	-2.91% Aug 13, 2001 - Aug 22, 2001	N/A
#14	-1.86% Mar 2, 2000 - Mar 6, 2000	N/A