PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
APLY vs. NVO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between APLY and NVO is 0.11, 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.


-0.50.00.51.00.1

Performance

APLY vs. NVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AAPL Option Income Strategy ETF (APLY) and Novo Nordisk A/S (NVO). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
34.03%
1.71%
APLY
NVO

Key characteristics

Sharpe Ratio

APLY:

1.15

NVO:

-0.43

Sortino Ratio

APLY:

1.61

NVO:

-0.37

Omega Ratio

APLY:

1.22

NVO:

0.95

Calmar Ratio

APLY:

1.37

NVO:

-0.36

Martin Ratio

APLY:

4.36

NVO:

-1.15

Ulcer Index

APLY:

4.46%

NVO:

13.25%

Daily Std Dev

APLY:

16.92%

NVO:

35.35%

Max Drawdown

APLY:

-15.85%

NVO:

-71.30%

Current Drawdown

APLY:

0.00%

NVO:

-41.92%

Returns By Period

In the year-to-date period, APLY achieves a 20.27% return, which is significantly higher than NVO's -16.93% return.


APLY

YTD

20.27%

1M

7.12%

6M

17.30%

1Y

19.72%

5Y*

N/A

10Y*

N/A

NVO

YTD

-16.93%

1M

-19.26%

6M

-39.90%

1Y

-16.95%

5Y*

26.03%

10Y*

17.16%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

APLY vs. NVO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AAPL Option Income Strategy ETF (APLY) and Novo Nordisk A/S (NVO). 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.


Sharpe ratio
The chart of Sharpe ratio for APLY, currently valued at 1.15, compared to the broader market0.002.004.001.15-0.43
The chart of Sortino ratio for APLY, currently valued at 1.61, compared to the broader market-2.000.002.004.006.008.0010.001.61-0.37
The chart of Omega ratio for APLY, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.220.95
The chart of Calmar ratio for APLY, currently valued at 1.37, compared to the broader market0.005.0010.0015.001.37-0.36
The chart of Martin ratio for APLY, currently valued at 4.36, compared to the broader market0.0020.0040.0060.0080.00100.004.36-1.15
APLY
NVO

The current APLY Sharpe Ratio is 1.15, which is higher than the NVO Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of APLY and NVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.15
-0.43
APLY
NVO

Dividends

APLY vs. NVO - Dividend Comparison

APLY's dividend yield for the trailing twelve months is around 24.61%, more than NVO's 1.70% yield.


TTM20232022202120202019201820172016201520142013
APLY
YieldMax AAPL Option Income Strategy ETF
24.61%14.36%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NVO
Novo Nordisk A/S
1.70%0.99%1.18%1.34%1.86%2.12%2.47%2.12%3.93%1.31%1.96%1.72%

Drawdowns

APLY vs. NVO - Drawdown Comparison

The maximum APLY drawdown since its inception was -15.85%, smaller than the maximum NVO drawdown of -71.30%. Use the drawdown chart below to compare losses from any high point for APLY and NVO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-41.92%
APLY
NVO

Volatility

APLY vs. NVO - Volatility Comparison

The current volatility for YieldMax AAPL Option Income Strategy ETF (APLY) is 3.27%, while Novo Nordisk A/S (NVO) has a volatility of 20.84%. This indicates that APLY experiences smaller price fluctuations and is considered to be less risky than NVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
3.27%
20.84%
APLY
NVO
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab