DHT vs. NOG
DHT (DHT Holdings, Inc.) and NOG (Northern Oil and Gas, Inc.) are both stocks. Both are in the Energy sector — DHT in Oil & Gas Midstream, NOG in Oil & Gas E&P. Over the past 10 years, DHT returned 22.43%/yr vs -7.03%/yr for NOG. At a 0.29 correlation, their price movements are largely independent.
Performance
DHT vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, DHT achieves a 54.52% return, which is significantly higher than NOG's -10.36% return. Over the past 10 years, DHT has outperformed NOG with an annualized return of 22.43%, while NOG has yielded a comparatively lower -7.03% annualized return.
DHT
- 1D
- 4.90%
- 1M
- 6.67%
- 6M
- 40.59%
- YTD
- 54.52%
- 1Y
- 74.34%
- 3Y*
- 37.73%
- 5Y*
- 32.02%
- 10Y*
- 22.43%
NOG
- 1D
- -1.44%
- 1M
- -7.12%
- 6M
- -12.00%
- YTD
- -10.36%
- 1Y
- -35.02%
- 3Y*
- -14.51%
- 5Y*
- 3.47%
- 10Y*
- -7.03%
DHT vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHT DHT Holdings, Inc. | 54.52% | 40.04% | 3.58% | 24.07% | 73.87% | 1.41% | -20.52% | 118.96% | 11.32% | -9.26% |
NOG Northern Oil and Gas, Inc. | -10.36% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
Correlation
The correlation between DHT and NOG is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2007 | 0.29 |
The correlation between DHT and NOG shifts across timeframes, from 0.13 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DHT:
$2.86B
NOG:
$2.01B
DHT:
$2.06
NOG:
-$6.34
DHT:
5.05
NOG:
1.20
DHT:
2.32
NOG:
1.02
DHT:
$566.07M
NOG:
$1.52B
DHT:
$268.69M
NOG:
$450.66M
DHT:
$450.13M
NOG:
$73.21M
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Return for Risk
DHT vs. NOG — Risk / Return Rank
DHT
NOG
DHT vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DHT Holdings, Inc. (DHT) and Northern Oil and Gas, Inc. (NOG). 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.
| DHT | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.93 | ||
| Sortino ratioReturn per unit of downside risk | +3.81 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.89 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 4.51 | -0.85 | +5.36 |
| Martin ratioReturn relative to average drawdown | 10.76 | -1.62 | +12.38 |
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Drawdowns
DHT vs. NOG - Drawdown Comparison
The maximum DHT drawdown since its inception was -97.12%, roughly equal to the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for DHT and NOG.
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Drawdown Indicators
| DHT | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.12% | -98.96% | +1.84% |
Max Drawdown (1Y)Largest decline over 1 year | -17.18% | -41.43% | +24.25% |
Max Drawdown (3Y)Largest decline over 3 years | -24.96% | -55.08% | +30.12% |
Max Drawdown (5Y)Largest decline over 5 years | -34.44% | -55.08% | +20.64% |
Max Drawdown (10Y)Largest decline over 10 years | -39.56% | -92.98% | +53.42% |
Current DrawdownCurrent decline from peak | -64.33% | -92.85% | +28.52% |
Average DrawdownAverage peak-to-trough decline | -76.31% | -69.82% | -6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 21.78% | -14.59% |
Volatility
DHT vs. NOG - Volatility Comparison
DHT Holdings, Inc. (DHT) has a higher volatility of 16.06% compared to Northern Oil and Gas, Inc. (NOG) at 14.14%. This indicates that DHT's price experiences larger fluctuations and is considered to be riskier than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DHT | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.06% | 14.14% | +1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 29.23% | 32.39% | -3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.01% | 45.38% | -9.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.70% | 49.25% | -10.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.66% | 70.57% | -28.91% |
Dividends
DHT vs. NOG - Dividend Comparison
DHT's dividend yield for the trailing twelve months is around 8.28%, less than NOG's 9.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHT DHT Holdings, Inc. | 8.28% | 6.06% | 10.76% | 11.72% | 1.35% | 2.50% | 25.81% | 2.42% | 2.04% | 5.57% | 17.15% | 6.55% |
NOG Northern Oil and Gas, Inc. | 9.72% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
DHT vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between DHT Holdings, Inc. and Northern Oil and Gas, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
DHT and NOG have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHT has higher volatility (16.06%) compared to NOG (14.14%). In terms of maximum drawdown, DHT dropped -97.12% vs NOG's -98.96%.
DHT currently has the higher Sharpe Ratio (2.16 vs -0.78), 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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