NAVIX vs. HDG
Compare and contrast key facts about Navigator Equity Hedged Fund (NAVIX) and ProShares Hedge Replication (HDG).
NAVIX is managed by Navigator Funds. It was launched on Dec 27, 2010. HDG is a passively managed fund by ProShares that tracks the performance of the Merrill Lynch Factor Model - Exchange Series. It was launched on Jul 12, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAVIX or HDG.
Correlation
The correlation between NAVIX and HDG is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NAVIX vs. HDG - Performance Comparison
Key characteristics
NAVIX:
0.98
HDG:
1.54
NAVIX:
3.64
HDG:
2.17
NAVIX:
2.68
HDG:
1.29
NAVIX:
2.13
HDG:
1.64
NAVIX:
6.07
HDG:
9.79
NAVIX:
6.16%
HDG:
0.78%
NAVIX:
50.04%
HDG:
4.93%
NAVIX:
-37.82%
HDG:
-15.31%
NAVIX:
0.00%
HDG:
0.00%
Returns By Period
Over the past 10 years, NAVIX has outperformed HDG with an annualized return of 18.25%, while HDG has yielded a comparatively lower 2.55% annualized return.
NAVIX
0.00%
0.00%
0.00%
43.38%
54.70%
18.25%
HDG
1.72%
1.13%
3.37%
6.42%
2.83%
2.55%
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NAVIX vs. HDG - Expense Ratio Comparison
NAVIX has a 1.10% expense ratio, which is higher than HDG's 0.95% expense ratio.
Risk-Adjusted Performance
NAVIX vs. HDG — Risk-Adjusted Performance Rank
NAVIX
HDG
NAVIX vs. HDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Navigator Equity Hedged Fund (NAVIX) and ProShares Hedge Replication (HDG). 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
NAVIX vs. HDG - Dividend Comparison
NAVIX's dividend yield for the trailing twelve months is around 24.69%, more than HDG's 3.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAVIX Navigator Equity Hedged Fund | 24.69% | 24.69% | 0.29% | 0.51% | 7.67% | 0.29% | 0.53% | 0.40% | 5.46% | 0.54% | 2.22% | 2.62% |
HDG ProShares Hedge Replication | 3.44% | 3.50% | 3.48% | 0.39% | 0.00% | 0.08% | 1.09% | 0.52% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NAVIX vs. HDG - Drawdown Comparison
The maximum NAVIX drawdown since its inception was -37.82%, which is greater than HDG's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for NAVIX and HDG. For additional features, visit the drawdowns tool.
Volatility
NAVIX vs. HDG - Volatility Comparison
The current volatility for Navigator Equity Hedged Fund (NAVIX) is 0.00%, while ProShares Hedge Replication (HDG) has a volatility of 0.86%. This indicates that NAVIX experiences smaller price fluctuations and is considered to be less risky than HDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.