XENE vs NOVT
Comparison between Xenon Pharmaceuticals Inc (XENE, Company) and Novanta Inc (NOVT, Company).
XENE is from the Healthcare sector, while NOVT is from the Technology sector.
5-Year PerformanceXENE has outperformed NOVT, delivering a return of +27.7% compared to +1.3%
XENE vs NOVT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
XENE vs NOVT - Historical Returns
Returns include dividend reinvestment.
XENE vs NOVT - Annual Returns (2014 - 2026)
Returns include dividend reinvestment.
| Year | XENE | NOVT |
|---|---|---|
| 2026 | +42.44% | +33.03% |
| 2025 | +11.58% | -21.16% |
| 2024 | -12.71% | -7.02% |
| 2023 | +23.62% | +24.91% |
| 2022 | +24.82% | -21.81% |
| 2021 | +111.94% | +49.84% |
| 2020 | +12.10% | +29.17% |
| 2019 | +96.26% | +38.01% |
| 2018 | +119.48% | +24.75% |
| 2017 | -64.01% | +132.02% |
| 2016 | -3.27% | +58.85% |
| 2015 | -57.01% | N/A |
| 2014 | +88.10% | N/A |
XENE vs NOVT Drawdown Comparison
The maximum drawdown for XENE was -90.43%, occurring on Nov 14, 2017. Recovery took 1696 trading sessions.
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The current NOVT drawdown is -20.60%.
| Rank | XENE | NOVT |
|---|---|---|
| #1 | -90.43% Jan 8, 2015 - Oct 4, 2021 | -46.71% Jul 16, 2024 - Nov 20, 2025 |
| #2 | -43.59% Feb 9, 2024 - Mar 9, 2026 | -38.60% Nov 4, 2021 - Jun 29, 2023 |
| #3 | -34.08% May 9, 2023 - Dec 22, 2023 | -34.98% Jul 17, 2023 - Jul 16, 2024 |
| #4 | -30.14% Nov 5, 2021 - Aug 4, 2022 | -31.80% Feb 13, 2020 - May 20, 2020 |
| #5 | -25.87% Nov 11, 2014 - Dec 11, 2014 | -27.81% Aug 27, 2018 - Feb 22, 2019 |
| #6 | -18.40% Mar 9, 2026 - Jul 7, 2026 | -24.96% Jun 28, 2019 - Jan 13, 2020 |
| #7 | -17.08% Mar 1, 2023 - May 3, 2023 | -19.00% Nov 21, 2017 - Jan 16, 2018 |
| #8 | -16.98% Aug 24, 2022 - Feb 13, 2023 | -18.56% Jan 26, 2018 - Apr 17, 2018 |
| #9 | -11.44% Oct 15, 2021 - Nov 2, 2021 | -16.09% Aug 6, 2020 - Oct 9, 2020 |
| #10 | -11.09% Dec 11, 2014 - Dec 29, 2014 | -15.54% Feb 12, 2021 - Aug 11, 2021 |
| #11 | -9.36% Feb 13, 2023 - Mar 1, 2023 | -11.81% Jun 5, 2020 - Aug 6, 2020 |
| #12 | -8.58% Jan 8, 2024 - Feb 8, 2024 | -11.56% Apr 12, 2019 - Jun 18, 2019 |
| #13 | -8.27% Aug 10, 2022 - Aug 24, 2022 | -11.54% Jun 14, 2018 - Jul 20, 2018 |
| #14 | -6.08% Dec 29, 2014 - Jan 7, 2015 | -11.40% Jan 5, 2016 - Mar 4, 2016 |
| #15 | -4.89% Dec 27, 2023 - Jan 8, 2024 | -11.16% Sep 24, 2021 - Oct 22, 2021 |
Correlation
Correlation between XENE and NOVT is 0.81 which considered as a strong positive correlation - the stocks tend to move together.
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