NVOH vs MPL

Comparison between NOVO NORDISK A/S (B SHARES) ADRHEDGED (NVOH, ETF) and Defiance Daily Target 2X Long MP ETF (MPL, ETF).

NVOH vs MPL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVOH(ETF)	MPL(ETF)
Net Assets	$4.20M	$4.30M
Expense Ratio	0.19%	N/A
Max Drawdown	62.97%	70.40%
Sharpe Ratio	-0.36	-4.63
5Y Beta	0.92	3.74
P/E Ratio	11.24	N/A
Forward P/E	14.68	N/A
PEG Ratio	0.42	N/A
5Y EPS CAGR	24.26%	N/A
Debt to Equity	72.09%	N/A
P/S Ratio	0.65	N/A
P/B Ratio	7.08	N/A

Net Assets

NVOH

$4.20M

Winner

MPL

$4.30M

Expense Ratio

NVOH

0.19%

MPL

N/A

Max Drawdown

Winner

NVOH

62.97%

MPL

70.40%

Sharpe Ratio

Winner

NVOH

-0.36

MPL

-4.63

5Y Beta

Winner

NVOH

0.92

MPL

3.74

P/E Ratio

NVOH

11.24

MPL

N/A

Forward P/E

NVOH

14.68

MPL

N/A

PEG Ratio

NVOH

0.42

MPL

N/A

5Y EPS CAGR

NVOH

24.26%

MPL

N/A

Debt to Equity

NVOH

72.09%

MPL

N/A

P/S Ratio

NVOH

0.65

MPL

N/A

P/B Ratio

NVOH

7.08

MPL

N/A

NVOH vs MPL - Holdings Comparison

NVOH and MPL have 0 common holdings. Overlap is 0.00%

NVOH's top 25 holdings weight is 97.39%. MPL's top 25 holdings weight is 4.91%.

Rank	NVOH	MPL
#1	NOVO NORDISK AS ADR (NVO) - 97.39%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 4.91%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

NVOH vs MPL - Historical Returns

Returns include dividend reinvestment.

Period	NVOH	MPL
1 month	+2.72%	-49.18%
3 months	+21.77%	N/A
6 months	-15.88%	N/A
1 year	-24.03%	N/A
Max(CAGR)	-29.75%	-99.88%

Winner

NVOH

+2.72%

MPL

-49.18%

NVOH

+21.77%

MPL

N/A

NVOH

-15.88%

MPL

N/A

NVOH

-24.03%

MPL

N/A

Max(CAGR)

Winner

NVOH

-29.75%

MPL

-99.88%

NVOH vs MPL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	NVOH	MPL
2026	-1.19%	-66.13%
2025	-42.96%	N/A

NVOH vs MPL Drawdown Comparison

The maximum drawdown for NVOH was -61.59%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for MPL was -70.40%, occurring on Jul 24, 2026. This drawdown has not yet recovered.

The current NVOH drawdown is -46.44%. The current MPL drawdown is -70.40%.

Rank	NVOH	MPL
#1	-61.59% Feb 28, 2025 - Mar 27, 2026	-70.40% Jun 2, 2026 - Jul 24, 2026
#2	-11.28% Jan 10, 2025 - Feb 24, 2025	-8.36% May 26, 2026 - Jun 1, 2026
#3	-1.12% Feb 24, 2025 - Feb 28, 2025	N/A

Correlation

Correlation between NVOH and MPL is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

-101