RY vs NVO
Comparison between Royal Bank of Canada (RY, Company) and Novo Nordisk (NVO, Company).
RY is from the Financial Services sector, while NVO is from the Healthcare sector.
5-Year PerformanceRY has outperformed NVO, delivering a return of +17.5% compared to +3.3%
RY vs NVO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
RY vs NVO - Historical Returns
Returns include dividend reinvestment.
RY vs NVO - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | RY | NVO |
|---|---|---|
| 2026 | +15.22% | -15.17% |
| 2025 | +47.28% | -40.30% |
| 2024 | +24.61% | -14.82% |
| 2023 | +13.15% | +52.98% |
| 2022 | -8.78% | +26.30% |
| 2021 | +34.40% | +59.85% |
| 2020 | +7.75% | +22.30% |
| 2019 | +19.49% | +26.72% |
| 2018 | -13.58% | -13.76% |
| 2017 | +24.17% | +52.70% |
| 2016 | +35.38% | -36.16% |
| 2015 | -18.00% | +38.20% |
| 2014 | +7.08% | +16.84% |
| 2013 | +13.91% | +12.95% |
| 2012 | +20.74% | +41.35% |
| 2011 | -0.51% | +4.80% |
| 2010 | +0.11% | +73.64% |
| 2009 | +86.00% | +22.93% |
| 2008 | -38.81% | -18.66% |
| 2007 | +11.17% | +57.08% |
| 2006 | +23.63% | +48.69% |
| 2005 | +49.85% | +7.34% |
| 2004 | +12.57% | +33.06% |
| 2003 | +29.87% | +40.89% |
| 2002 | +15.07% | -27.39% |
| 2001 | +2.06% | +13.36% |
| 2000 | +61.05% | +32.47% |
| 1999 | +2.15% | +6.16% |
RY vs NVO Drawdown Comparison
The maximum drawdown for RY was -62.87%, occurring on Feb 23, 2009. Recovery took 492 trading sessions.
The maximum drawdown for NVO was -74.71%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current RY drawdown is -0.48%. The current NVO drawdown is -68.82%.
| Rank | RY | NVO |
|---|---|---|
| #1 | -62.87% Oct 31, 2007 - Oct 14, 2009 | -74.71% Jun 25, 2024 - Mar 27, 2026 |
| #2 | -39.95% Feb 21, 2020 - Nov 20, 2020 | -51.38% Aug 6, 2001 - Feb 9, 2004 |
| #3 | -36.77% Sep 18, 2014 - Dec 9, 2016 | -46.53% Aug 3, 2015 - Jan 19, 2018 |
| #4 | -32.78% Apr 29, 2011 - Dec 5, 2012 | -41.56% Apr 8, 2008 - Feb 16, 2010 |
| #5 | -28.34% Jan 18, 2022 - May 30, 2024 | -28.04% Apr 21, 2011 - Feb 7, 2012 |
| #6 | -24.66% Apr 29, 2010 - Mar 3, 2011 | -27.56% Jan 26, 2018 - Nov 1, 2019 |
| #7 | -21.78% Jun 4, 2002 - Dec 10, 2002 | -26.73% Sep 26, 2000 - Jun 20, 2001 |
| #8 | -20.57% Jan 22, 2018 - Sep 20, 2019 | -23.65% Mar 4, 2020 - Apr 20, 2020 |
| #9 | -19.35% Jan 11, 2001 - Aug 9, 2001 | -21.43% Feb 6, 2013 - Jan 10, 2014 |
| #10 | -18.67% Aug 9, 2001 - Apr 10, 2002 | -21.36% Apr 7, 2022 - Nov 28, 2022 |
| #11 | -17.46% Nov 15, 1999 - Mar 24, 2000 | -20.48% Dec 16, 2021 - Apr 6, 2022 |
| #12 | -15.05% Sep 19, 2000 - Nov 2, 2000 | -19.00% Apr 21, 2005 - Mar 3, 2006 |
| #13 | -14.64% Dec 5, 2024 - May 16, 2025 | -16.44% Jan 10, 2000 - May 3, 2000 |
| #14 | -14.63% Nov 20, 2003 - Oct 14, 2004 | -14.94% Dec 4, 2007 - Feb 22, 2008 |
| #15 | -13.03% May 24, 2007 - Sep 28, 2007 | -14.66% Oct 22, 2012 - Jan 10, 2013 |
Correlation
Correlation between RY and NVO is 0.78 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2000 - 2026)
RY vs NVO dividend yield comparison.
| Year | RY | NVO |
|---|---|---|
| 2026 | 1.24% | 2.83% |
| 2025 | 2.54% | 3.31% |
| 2024 | 3.39% | 1.68% |
| 2023 | 4.29% | 1.00% |
| 2022 | 4.07% | 1.20% |
| 2021 | 3.24% | 1.35% |
| 2020 | 3.88% | 1.87% |
| 2019 | 3.88% | 2.14% |
| 2018 | 4.27% | 1.45% |
| 2017 | 3.22% | 1.52% |
| 2016 | 3.95% | 2.87% |
| 2015 | 5.41% | 0.92% |
| 2014 | 3.86% | 1.43% |
| 2013 | 3.69% | 1.23% |
| 2012 | 3.77% | 1.12% |
| 2011 | 3.28% | 1.18% |
| 2010 | 3.71% | 0.87% |
| 2009 | 3.52% | 1.22% |
| 2008 | 6.37% | 1.32% |
| 2007 | 3.33% | 0.69% |
| 2006 | 2.37% | 0.83% |
| 2005 | 1.24% | 1.10% |
| 2004 | 1.55% | 0.96% |
| 2003 | 1.24% | 0.92% |
| 2002 | 1.31% | 0.98% |
| 2001 | 1.38% | 0.57% |
| 2000 | 1.14% | 0.53% |
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