BPH vs. NVOH
BPH (BP p.l.c. ADRhedged ETF) and NVOH (Novo Nordisk A/S (B Shares) ADRhedged ETF) are both exchange-traded funds - BPH is a Energy Equities fund actively managed by Precidian, while NVOH is a Foreign Large Cap Equities fund actively managed by Precidian. Both are actively managed. Their -0.34 correlation means they have often moved in opposite directions in the past. Both charge a 0.19% expense ratio.
Performance
BPH vs. NVOH - Performance Comparison
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Returns By Period
BPH
- 1D
- 2.00%
- 1M
- 18.84%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NVOH
- 1D
- -8.23%
- 1M
- -7.20%
- 6M
- -15.76%
- YTD
- -3.13%
- 1Y
- 2.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -32.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $53.46K | $52.99K | $51.54K | |
| $40.92K | $41.70K | $51.17K |
BPH vs. NVOH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BPH BP p.l.c. ADRhedged ETF | 5.67% |
NVOH Novo Nordisk A/S (B Shares) ADRhedged ETF | 5.46% |
Correlation
The correlation between BPH and NVOH is -0.34, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 26, 2026 | -0.34 |
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Return for Risk
BPH vs. NVOH — Risk / Return Rank
BPH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVOH
BPH vs. NVOH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. ADRhedged ETF (BPH) and Novo Nordisk A/S (B Shares) ADRhedged ETF (NVOH). 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.
| BPH | NVOH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.06 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.09 | — |
| Martin ratioReturn relative to average drawdown | — | 0.17 | — |
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Drawdowns
BPH vs. NVOH - Drawdown Comparison
The maximum BPH drawdown since its inception was -15.58%, smaller than the maximum NVOH drawdown of -61.60%. Use the drawdown chart below to compare losses from any high point for BPH and NVOH.
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Drawdown Indicators
| BPH | NVOH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.58% | -61.60% | +46.02% |
Max Drawdown (1Y)Largest decline over 1 year | — | -40.93% | — |
Current DrawdownCurrent decline from peak | 0.00% | -49.02% | +49.02% |
Average DrawdownAverage peak-to-trough decline | -5.64% | -39.23% | +33.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 22.49% | — |
Volatility
BPH vs. NVOH - Volatility Comparison
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Volatility by Period
| BPH | NVOH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 35.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.58% | 45.13% | -16.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.58% | 47.99% | -19.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.58% | 47.99% | -19.41% |
BPH vs. NVOH - Expense Ratio Comparison
Both BPH and NVOH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
BPH vs. NVOH - Dividend Comparison
BPH's dividend yield for the trailing twelve months is around 0.48%, less than NVOH's 6.67% yield.
| Position | TTM | 2025 |
|---|---|---|
BPH BP p.l.c. ADRhedged ETF | 0.48% | 0.00% |
NVOH Novo Nordisk A/S (B Shares) ADRhedged ETF | 6.67% | 2.38% |
Frequently Asked Questions
BPH and NVOH have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BPH and NVOH have the same expense ratio: 0.19% per year.
NVOH has the higher dividend yield at 6.67%, compared with 0.48% for BPH.
BPH is categorized as Energy Equities, while NVOH is Foreign Large Cap Equities.
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