HESAY vs. NANC
HESAY (Hermes International SA) is a stock, while NANC (Unusual Whales Subversive Democratic Trading ETF) is Large Cap Blend Equities fund actively managed by Subversive. Over the past 3 years, HESAY returned -1.78%/yr vs 22.64%/yr for NANC. At a 0.44 correlation, their price movements are largely independent.
Performance
HESAY vs. NANC - Performance Comparison
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Returns By Period
In the year-to-date period, HESAY achieves a -18.99% return, which is significantly lower than NANC's 10.22% return.
HESAY
- 1D
- 1.42%
- 1M
- 9.10%
- YTD
- -18.99%
- 6M
- -20.48%
- 1Y
- -23.55%
- 3Y*
- -1.78%
- 5Y*
- 7.50%
- 10Y*
- 19.32%
NANC
- 1D
- 2.12%
- 1M
- 3.76%
- YTD
- 10.22%
- 6M
- 10.78%
- 1Y
- 26.20%
- 3Y*
- 22.64%
- 5Y*
- —
- 10Y*
- —
HESAY vs. NANC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HESAY Hermes International SA | -18.99% | 4.83% | 13.70% | 14.19% |
NANC Unusual Whales Subversive Democratic Trading ETF | 10.22% | 18.54% | 26.83% | 22.81% |
Correlation
The correlation between HESAY and NANC is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2023 | 0.44 |
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Return for Risk
HESAY vs. NANC — Risk / Return Rank
HESAY
NANC
HESAY vs. NANC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hermes International SA (HESAY) and Unusual Whales Subversive Democratic Trading ETF (NANC). 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.
| HESAY | NANC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.62 | ||
| Sortino ratioReturn per unit of downside risk | -3.50 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.33 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | 2.16 | -2.80 |
| Martin ratioReturn relative to average drawdown | -1.16 | 8.74 | -9.90 |
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Drawdowns
HESAY vs. NANC - Drawdown Comparison
The maximum HESAY drawdown since its inception was -45.60%, which is greater than NANC's maximum drawdown of -20.94%. Use the drawdown chart below to compare losses from any high point for HESAY and NANC.
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Drawdown Indicators
| HESAY | NANC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.60% | -20.94% | -24.66% |
Max Drawdown (1Y)Largest decline over 1 year | -36.48% | -12.21% | -24.27% |
Max Drawdown (3Y)Largest decline over 3 years | -38.23% | -20.94% | -17.29% |
Max Drawdown (5Y)Largest decline over 5 years | -45.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.60% | — | — |
Current DrawdownCurrent decline from peak | -32.28% | -0.68% | -31.60% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -2.67% | -8.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.41% | 3.00% | +17.41% |
Volatility
HESAY vs. NANC - Volatility Comparison
Hermes International SA (HESAY) has a higher volatility of 7.28% compared to Unusual Whales Subversive Democratic Trading ETF (NANC) at 5.79%. This indicates that HESAY's price experiences larger fluctuations and is considered to be riskier than NANC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HESAY | NANC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 5.79% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 23.46% | 11.46% | +12.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.45% | 14.35% | +16.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.56% | 16.87% | +14.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.98% | 16.87% | +11.11% |
Dividends
HESAY vs. NANC - Dividend Comparison
HESAY's dividend yield for the trailing twelve months is around 1.05%, more than NANC's 0.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HESAY Hermes International SA | 1.05% | 1.18% | 1.13% | 0.67% | 0.57% | 0.31% | 0.46% | 0.68% | 0.91% | 1.55% | 1.81% | 2.54% |
NANC Unusual Whales Subversive Democratic Trading ETF | 0.19% | 0.21% | 0.20% | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HESAY and NANC have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HESAY has higher volatility (7.28%) compared to NANC (5.79%). In terms of maximum drawdown, HESAY dropped -45.60% vs NANC's -20.94%.
NANC currently has the higher Sharpe Ratio (1.84 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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