Correlation
The correlation between AKRBY and ENOR is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
AKRBY vs. ENOR
Compare and contrast key facts about Aker BP ASA (AKRBY) and iShares MSCI Norway ETF (ENOR).
ENOR is a passively managed fund by iShares that tracks the performance of the MSCI Norway IMI 25/50 Index. It was launched on Jan 23, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AKRBY or ENOR.
Performance
AKRBY vs. ENOR - Performance Comparison
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Key characteristics
AKRBY:
0.11
ENOR:
0.52
AKRBY:
0.72
ENOR:
0.77
AKRBY:
1.12
ENOR:
1.11
AKRBY:
0.29
ENOR:
0.55
AKRBY:
0.55
ENOR:
2.15
AKRBY:
17.84%
ENOR:
5.01%
AKRBY:
70.09%
ENOR:
23.06%
AKRBY:
-33.69%
ENOR:
-55.37%
AKRBY:
-10.28%
ENOR:
-1.05%
Returns By Period
In the year-to-date period, AKRBY achieves a 26.55% return, which is significantly higher than ENOR's 21.24% return.
AKRBY
26.55%
9.64%
20.72%
8.04%
N/A
N/A
N/A
ENOR
21.24%
6.53%
15.47%
11.97%
2.90%
11.82%
4.55%
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Risk-Adjusted Performance
AKRBY vs. ENOR — Risk-Adjusted Performance Rank
AKRBY
ENOR
AKRBY vs. ENOR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aker BP ASA (AKRBY) and iShares MSCI Norway ETF (ENOR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AKRBY vs. ENOR - Dividend Comparison
AKRBY's dividend yield for the trailing twelve months is around 10.53%, more than ENOR's 5.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKRBY Aker BP ASA | 10.53% | 12.27% | 8.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ENOR iShares MSCI Norway ETF | 5.21% | 6.31% | 5.06% | 4.02% | 2.23% | 2.39% | 3.14% | 2.79% | 2.47% | 2.96% | 3.24% | 4.52% |
Drawdowns
AKRBY vs. ENOR - Drawdown Comparison
The maximum AKRBY drawdown since its inception was -33.69%, smaller than the maximum ENOR drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for AKRBY and ENOR.
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Volatility
AKRBY vs. ENOR - Volatility Comparison
Aker BP ASA (AKRBY) has a higher volatility of 25.95% compared to iShares MSCI Norway ETF (ENOR) at 3.90%. This indicates that AKRBY's price experiences larger fluctuations and is considered to be riskier than ENOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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