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NVOH vs. BPH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NVOH vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Novo Nordisk A/S (B Shares) ADRhedged ETF (NVOH) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


NVOH

1D
-2.32%
1M
-0.85%
YTD
-12.05%
6M
-6.54%
1Y
-37.68%
3Y*
5Y*
10Y*

BPH

1D
0.93%
1M
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

NVOH vs. BPH - Yearly Performance Comparison


Correlation

The correlation between NVOH and BPH is -0.90, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (All Time)
Calculated using the full available price history since May 27, 2026

-0.90

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Return for Risk

NVOH vs. BPH — Risk / Return Rank

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

NVOH
NVOH Risk / Return Rank: 33
Overall Rank
NVOH Sharpe Ratio Rank: 33
Sharpe Ratio Rank
NVOH Sortino Ratio Rank: 33
Sortino Ratio Rank
NVOH Omega Ratio Rank: 22
Omega Ratio Rank
NVOH Calmar Ratio Rank: 33
Calmar Ratio Rank
NVOH Martin Ratio Rank: 44
Martin Ratio Rank

BPH
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.

NVOH vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Novo Nordisk A/S (B Shares) ADRhedged ETF (NVOH) and BP p.l.c. ADRhedged ETF (BPH). 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.


NVOHBPHDifference

Sharpe ratio

Return per unit of total volatility

-0.77

Sortino ratio

Return per unit of downside risk

-0.89

Omega ratio

Gain probability vs. loss probability

0.87

Calmar ratio

Return relative to maximum drawdown

-0.70

Martin ratio

Return relative to average drawdown

-1.03

NVOH vs. BPH - Sharpe Ratio Comparison


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Sharpe Ratios by Period


NVOHBPHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.77

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.80

4.91

-5.70

Drawdowns

NVOH vs. BPH - Drawdown Comparison

The maximum NVOH drawdown since its inception was -61.60%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for NVOH and BPH.


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Drawdown Indicators


NVOHBPHDifference

Max Drawdown

Largest peak-to-trough decline

-61.60%

-2.35%

-59.25%

Max Drawdown (1Y)

Largest decline over 1 year

-53.00%

Current Drawdown

Current decline from peak

-53.72%

0.00%

-53.72%

Average Drawdown

Average peak-to-trough decline

-38.26%

-1.30%

-36.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

35.98%

Volatility

NVOH vs. BPH - Volatility Comparison


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Volatility by Period


NVOHBPHDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.01%

Volatility (6M)

Calculated over the trailing 6-month period

36.21%

Volatility (1Y)

Calculated over the trailing 1-year period

49.39%

28.08%

+21.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.09%

28.08%

+21.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

49.09%

28.08%

+21.01%

NVOH vs. BPH - Expense Ratio Comparison

Both NVOH and BPH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Dividends

NVOH vs. BPH - Dividend Comparison

NVOH's dividend yield for the trailing twelve months is around 3.90%, while BPH has not paid dividends to shareholders.


Frequently Asked Questions


NVOH and BPH have a correlation of -0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

NVOH and BPH have the same expense ratio: 0.19% per year.

NVOH has the higher dividend yield at 3.90%, compared with 0.00% for BPH.

NVOH is categorized as Foreign Large Cap Equities, while BPH is Oil & Gas.

Portfolio Optimizer

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