PECO vs NOVT
Comparison between Phillips Edison & Company Inc - New (PECO, Company) and Novanta Inc (NOVT, Company).
PECO is from the Real Estate sector, while NOVT is from the Technology sector.
5-Year PerformancePECO has outperformed NOVT, delivering a return of +12.3% compared to +1.6%
PECO vs NOVT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
PECO vs NOVT - Historical Returns
Returns include dividend reinvestment.
PECO vs NOVT - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | PECO | NOVT |
|---|---|---|
| 2026 | +20.99% | +33.70% |
| 2025 | -0.23% | -21.16% |
| 2024 | +5.73% | -7.02% |
| 2023 | +18.90% | +24.91% |
| 2022 | -2.16% | -21.81% |
| 2021 | +20.41% | +49.84% |
| 2020 | N/A | +29.17% |
| 2019 | N/A | +38.01% |
| 2018 | N/A | +24.75% |
| 2017 | N/A | +132.02% |
| 2016 | N/A | +58.85% |
PECO vs NOVT Drawdown Comparison
The maximum drawdown for PECO was -23.13%, occurring on Sep 29, 2022. Recovery took 311 trading sessions.
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The current PECO drawdown is -0.90%. The current NOVT drawdown is -20.20%.
| Rank | PECO | NOVT |
|---|---|---|
| #1 | -23.13% Apr 21, 2022 - Jul 19, 2023 | -46.71% Jul 16, 2024 - Nov 20, 2025 |
| #2 | -15.77% Dec 14, 2023 - Aug 23, 2024 | -38.60% Nov 4, 2021 - Jun 29, 2023 |
| #3 | -15.06% Nov 27, 2024 - Feb 13, 2026 | -34.98% Jul 17, 2023 - Jul 16, 2024 |
| #4 | -12.31% Jan 13, 2022 - Mar 7, 2022 | -31.80% Feb 13, 2020 - May 20, 2020 |
| #5 | -9.82% Aug 10, 2023 - Dec 4, 2023 | -27.81% Aug 27, 2018 - Feb 22, 2019 |
| #6 | -9.23% Nov 18, 2021 - Jan 5, 2022 | -24.96% Jun 28, 2019 - Jan 13, 2020 |
| #7 | -7.96% Mar 8, 2022 - Mar 29, 2022 | -19.00% Nov 21, 2017 - Jan 16, 2018 |
| #8 | -7.51% Sep 16, 2024 - Nov 6, 2024 | -18.56% Jan 26, 2018 - Apr 17, 2018 |
| #9 | -7.18% Mar 2, 2026 - Apr 17, 2026 | -16.09% Aug 6, 2020 - Oct 9, 2020 |
| #10 | -5.81% Oct 12, 2021 - Nov 3, 2021 | -15.54% Feb 12, 2021 - Aug 11, 2021 |
| #11 | -5.17% Aug 11, 2021 - Sep 28, 2021 | -11.81% Jun 5, 2020 - Aug 6, 2020 |
| #12 | -4.58% May 27, 2026 - Jun 9, 2026 | -11.56% Apr 12, 2019 - Jun 18, 2019 |
| #13 | -3.41% Apr 17, 2026 - Apr 27, 2026 | -11.54% Jun 14, 2018 - Jul 20, 2018 |
| #14 | -3.30% Jun 12, 2026 - Jun 24, 2026 | -11.40% Jan 5, 2016 - Mar 4, 2016 |
| #15 | -2.99% Dec 4, 2023 - Dec 13, 2023 | -11.16% Sep 24, 2021 - Oct 22, 2021 |
Correlation
Correlation between PECO and NOVT is -0.06 which considered as a very weak or no correlation - the stocks move independently of each other.
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