DEF vs. NOC
Compare and contrast key facts about Invesco Defensive Equity ETF (DEF) and Northrop Grumman Corporation (NOC).
DEF is a passively managed fund by Invesco that tracks the performance of the Invesco Defensive Equity Index. It was launched on Dec 15, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEF or NOC.
Performance
DEF vs. NOC - Performance Comparison
Returns By Period
DEF
N/A
N/A
N/A
N/A
N/A
N/A
NOC
6.41%
-7.11%
4.51%
6.17%
8.89%
15.36%
Key characteristics
| DEF | NOC |
|---|
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Correlation
The correlation between DEF and NOC is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
DEF vs. NOC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Defensive Equity ETF (DEF) and Northrop Grumman Corporation (NOC). 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.
Dividends
DEF vs. NOC - Dividend Comparison
DEF has not paid dividends to shareholders, while NOC's dividend yield for the trailing twelve months is around 1.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEF Invesco Defensive Equity ETF | 1.59% | 1.60% | 1.48% | 1.06% | 1.34% | 1.16% | 1.39% | 0.16% | 0.34% | 0.31% | 2.55% | 2.30% |
NOC Northrop Grumman Corporation | 1.60% | 1.57% | 1.24% | 1.59% | 1.86% | 1.50% | 1.92% | 1.27% | 1.50% | 1.64% | 1.84% | 2.08% |
Drawdowns
DEF vs. NOC - Drawdown Comparison
Volatility
DEF vs. NOC - Volatility Comparison
The current volatility for Invesco Defensive Equity ETF (DEF) is 0.00%, while Northrop Grumman Corporation (NOC) has a volatility of 6.37%. This indicates that DEF experiences smaller price fluctuations and is considered to be less risky than NOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.