SOPAX vs. NOC
Compare and contrast key facts about ClearBridge Dividend Strategy Fund (SOPAX) and Northrop Grumman Corporation (NOC).
SOPAX is managed by Franklin Templeton. It was launched on Nov 6, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOPAX or NOC.
Correlation
The correlation between SOPAX and NOC is 0.43, 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
SOPAX vs. NOC - Performance Comparison
Key characteristics
SOPAX:
0.80
NOC:
0.37
SOPAX:
1.04
NOC:
0.69
SOPAX:
1.17
NOC:
1.08
SOPAX:
0.72
NOC:
0.33
SOPAX:
2.40
NOC:
0.93
SOPAX:
3.85%
NOC:
7.29%
SOPAX:
11.64%
NOC:
18.12%
SOPAX:
-52.17%
NOC:
-69.38%
SOPAX:
-7.97%
NOC:
-12.51%
Returns By Period
In the year-to-date period, SOPAX achieves a 3.14% return, which is significantly higher than NOC's 0.97% return. Over the past 10 years, SOPAX has underperformed NOC with an annualized return of 5.55%, while NOC has yielded a comparatively higher 12.84% annualized return.
SOPAX
3.14%
5.05%
2.93%
8.90%
4.53%
5.55%
NOC
0.97%
3.30%
-4.91%
6.72%
6.95%
12.84%
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Risk-Adjusted Performance
SOPAX vs. NOC — Risk-Adjusted Performance Rank
SOPAX
NOC
SOPAX vs. NOC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy Fund (SOPAX) and Northrop Grumman Corporation (NOC). 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
SOPAX vs. NOC - Dividend Comparison
SOPAX's dividend yield for the trailing twelve months is around 1.27%, less than NOC's 1.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOPAX ClearBridge Dividend Strategy Fund | 1.27% | 1.31% | 1.39% | 1.76% | 0.82% | 1.17% | 1.30% | 1.59% | 1.16% | 1.16% | 1.53% | 1.62% |
NOC Northrop Grumman Corporation | 1.70% | 1.72% | 1.57% | 1.24% | 1.59% | 1.86% | 1.50% | 1.92% | 1.27% | 1.50% | 1.64% | 1.84% |
Drawdowns
SOPAX vs. NOC - Drawdown Comparison
The maximum SOPAX drawdown since its inception was -52.17%, smaller than the maximum NOC drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for SOPAX and NOC. For additional features, visit the drawdowns tool.
Volatility
SOPAX vs. NOC - Volatility Comparison
The current volatility for ClearBridge Dividend Strategy Fund (SOPAX) is 2.42%, while Northrop Grumman Corporation (NOC) has a volatility of 7.73%. This indicates that SOPAX experiences smaller price fluctuations and is considered to be less risky than NOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.