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HISF vs. NVO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HISF vs. NVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust High Income Strategic Focus ETF (HISF) and Novo Nordisk A/S (NVO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HISF achieves a 0.24% return, which is significantly higher than NVO's -3.54% return.


HISF

1D
0.05%
1M
0.63%
YTD
0.24%
6M
0.49%
1Y
4.83%
3Y*
5Y*
10Y*

NVO

1D
3.36%
1M
5.47%
YTD
-3.54%
6M
-4.91%
1Y
-28.81%
3Y*
-13.64%
5Y*
5.10%
10Y*
8.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HISF vs. NVO - Yearly Performance Comparison


2026 (YTD)20252024
HISF
First Trust High Income Strategic Focus ETF
0.24%8.39%3.41%
NVO
Novo Nordisk A/S
-3.54%-39.22%-28.85%

Correlation

The correlation between HISF and NVO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2024

0.16

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Return for Risk

HISF vs. NVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HISF
HISF Risk / Return Rank: 4141
Overall Rank
HISF Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
HISF Sortino Ratio Rank: 4545
Sortino Ratio Rank
HISF Omega Ratio Rank: 4444
Omega Ratio Rank
HISF Calmar Ratio Rank: 3636
Calmar Ratio Rank
HISF Martin Ratio Rank: 3939
Martin Ratio Rank

NVO
NVO Risk / Return Rank: 2020
Overall Rank
NVO Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
NVO Sortino Ratio Rank: 2121
Sortino Ratio Rank
NVO Omega Ratio Rank: 1919
Omega Ratio Rank
NVO Calmar Ratio Rank: 2121
Calmar Ratio Rank
NVO Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HISF vs. NVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust High Income Strategic Focus ETF (HISF) 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.


HISFNVODifference
Sharpe ratioReturn per unit of total volatility

+2.01

Sortino ratioReturn per unit of downside risk

+2.62

Omega ratioGain probability vs. loss probability

1.27

0.93

+0.34

Calmar ratioReturn relative to maximum drawdown

1.67

-0.59

+2.26

Martin ratioReturn relative to average drawdown

5.78

-0.93

+6.71

HISF vs. NVO - Sharpe Ratio Comparison

The current HISF Sharpe Ratio is 1.45, which is higher than the NVO Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of HISF and NVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HISF vs. NVO - Drawdown Comparison

The maximum HISF drawdown since its inception was -3.86%, smaller than the maximum NVO drawdown of -74.70%. Use the drawdown chart below to compare losses from any high point for HISF and NVO.


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Drawdown Indicators


HISFNVODifference

Max Drawdown

Largest peak-to-trough decline

-3.86%

-74.70%

+70.84%

Max Drawdown (1Y)

Largest decline over 1 year

-2.90%

-49.17%

+46.27%

Max Drawdown (3Y)

Largest decline over 3 years

-74.70%

Max Drawdown (5Y)

Largest decline over 5 years

-74.70%

Max Drawdown (10Y)

Largest decline over 10 years

-74.70%

Current Drawdown

Current decline from peak

-0.99%

-65.54%

+64.55%

Average Drawdown

Average peak-to-trough decline

-0.89%

-17.81%

+16.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.84%

30.87%

-30.03%

Volatility

HISF vs. NVO - Volatility Comparison

The current volatility for First Trust High Income Strategic Focus ETF (HISF) is 0.97%, while Novo Nordisk A/S (NVO) has a volatility of 12.04%. This indicates that HISF 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


HISFNVODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.97%

12.04%

-11.07%

Volatility (6M)

Calculated over the trailing 6-month period

2.69%

38.41%

-35.72%

Volatility (1Y)

Calculated over the trailing 1-year period

3.35%

52.06%

-48.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.94%

38.48%

-34.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.94%

32.58%

-28.64%

Dividends

HISF vs. NVO - Dividend Comparison

HISF's dividend yield for the trailing twelve months is around 4.99%, more than NVO's 3.80% yield.


PositionTTM20252024202320222021202020192018201720162015
HISF
First Trust High Income Strategic Focus ETF
4.99%4.69%3.92%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NVO
Novo Nordisk A/S
3.80%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


HISF and NVO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NVO has higher volatility (12.04%) compared to HISF (0.97%). In terms of maximum drawdown, HISF dropped -3.86% vs NVO's -74.70%.

HISF currently has the higher Sharpe Ratio (1.45 vs -0.56), 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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