ASGI vs. NVO
ASGI (Abrdn Global Infrastructure Income Fund) is Industrials Equities fund managed by Aberdeen, while NVO (Novo Nordisk A/S) is a stock. Over the past 5 years, ASGI returned 11.30%/yr vs 3.13%/yr for NVO. At a 0.16 correlation, their price movements are largely independent.
Performance
ASGI vs. NVO - Performance Comparison
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Returns By Period
In the year-to-date period, ASGI achieves a 4.04% return, which is significantly higher than NVO's -12.15% return.
ASGI
- 1D
- 2.12%
- 1M
- -7.85%
- YTD
- 4.04%
- 6M
- 5.99%
- 1Y
- 22.98%
- 3Y*
- 20.51%
- 5Y*
- 11.30%
- 10Y*
- —
NVO
- 1D
- -0.76%
- 1M
- -3.94%
- YTD
- -12.15%
- 6M
- -7.05%
- 1Y
- -38.72%
- 3Y*
- -16.67%
- 5Y*
- 3.13%
- 10Y*
- 7.50%
ASGI vs. NVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ASGI Abrdn Global Infrastructure Income Fund | 4.04% | 44.20% | 10.26% | 14.48% | -10.50% | 18.17% | -4.74% |
NVO Novo Nordisk A/S | -12.15% | -39.22% | -15.93% | 54.84% | 22.66% | 63.52% | 4.63% |
Correlation
The correlation between ASGI and NVO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2020 | 0.16 |
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Return for Risk
ASGI vs. NVO — Risk / Return Rank
ASGI
NVO
ASGI vs. NVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Global Infrastructure Income Fund (ASGI) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASGI | NVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.87 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | -0.77 | +2.39 |
| Martin ratioReturn relative to average drawdown | 5.30 | -1.20 | +6.50 |
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Drawdowns
ASGI vs. NVO - Drawdown Comparison
The maximum ASGI drawdown since its inception was -23.71%, smaller than the maximum NVO drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for ASGI and NVO.
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Drawdown Indicators
| ASGI | NVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.71% | -74.70% | +50.99% |
Max Drawdown (1Y)Largest decline over 1 year | -15.15% | -50.59% | +35.44% |
Max Drawdown (3Y)Largest decline over 3 years | -16.24% | -74.70% | +58.46% |
Max Drawdown (5Y)Largest decline over 5 years | -22.49% | -74.70% | +52.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.70% | — |
Current DrawdownCurrent decline from peak | -10.10% | -68.62% | +58.52% |
Average DrawdownAverage peak-to-trough decline | -5.98% | -17.81% | +11.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.62% | 32.66% | -28.04% |
Volatility
ASGI vs. NVO - Volatility Comparison
The current volatility for Abrdn Global Infrastructure Income Fund (ASGI) is 6.98%, while Novo Nordisk A/S (NVO) has a volatility of 10.13%. This indicates that ASGI 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.
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Volatility by Period
| ASGI | NVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.98% | 10.13% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 17.03% | 37.86% | -20.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.15% | 51.56% | -32.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.80% | 38.34% | -21.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.52% | 32.53% | -15.01% |
Dividends
ASGI vs. NVO - Dividend Comparison
ASGI's dividend yield for the trailing twelve months is around 11.68%, more than NVO's 4.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASGI Abrdn Global Infrastructure Income Fund | 11.68% | 10.96% | 12.84% | 8.03% | 8.25% | 6.33% | 1.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVO Novo Nordisk A/S | 4.17% | 3.31% | 1.68% | 1.00% | 1.20% | 1.35% | 1.87% | 2.14% | 1.45% | 1.52% | 2.87% | 0.92% |
Frequently Asked Questions
ASGI and NVO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVO has higher volatility (10.13%) compared to ASGI (6.98%). In terms of maximum drawdown, ASGI dropped -23.71% vs NVO's -74.70%.
ASGI currently has the higher Sharpe Ratio (1.28 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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