HISF vs. NVO
Compare and contrast key facts about First Trust High Income Strategic Focus ETF (HISF) and Novo Nordisk A/S (NVO).
HISF is an actively managed fund by First Trust. It was launched on Aug 13, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HISF or NVO.
Correlation
The correlation between HISF and NVO is 0.44, 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.
Performance
HISF vs. NVO - Performance Comparison
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Key characteristics
HISF:
1.34
NVO:
-1.09
HISF:
1.88
NVO:
-1.52
HISF:
1.23
NVO:
0.80
HISF:
0.86
NVO:
-0.76
HISF:
3.65
NVO:
-1.43
HISF:
1.55%
NVO:
31.86%
HISF:
4.37%
NVO:
42.56%
HISF:
-27.86%
NVO:
-71.29%
HISF:
-0.94%
NVO:
-52.97%
Returns By Period
In the year-to-date period, HISF achieves a 2.06% return, which is significantly higher than NVO's -19.98% return. Over the past 10 years, HISF has underperformed NVO with an annualized return of 2.89%, while NVO has yielded a comparatively higher 11.34% annualized return.
HISF
2.06%
1.76%
1.26%
5.80%
4.85%
2.89%
NVO
-19.98%
4.65%
-36.90%
-46.20%
18.46%
11.34%
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Risk-Adjusted Performance
HISF vs. NVO — Risk-Adjusted Performance Rank
HISF
NVO
HISF vs. NVO - Risk-Adjusted Performance 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.
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Dividends
HISF vs. NVO - Dividend Comparison
HISF's dividend yield for the trailing twelve months is around 4.71%, more than NVO's 2.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HISF First Trust High Income Strategic Focus ETF | 4.71% | 4.68% | 4.27% | 3.81% | 3.79% | 4.17% | 3.93% | 5.13% | 3.81% | 3.84% | 3.79% | 1.20% |
NVO Novo Nordisk A/S | 2.38% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
Drawdowns
HISF vs. NVO - Drawdown Comparison
The maximum HISF drawdown since its inception was -27.86%, smaller than the maximum NVO drawdown of -71.29%. Use the drawdown chart below to compare losses from any high point for HISF and NVO. For additional features, visit the drawdowns tool.
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Volatility
HISF vs. NVO - Volatility Comparison
The current volatility for First Trust High Income Strategic Focus ETF (HISF) is 1.24%, while Novo Nordisk A/S (NVO) has a volatility of 15.31%. 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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