NVOH vs MUND

Comparison between NOVO NORDISK A/S (B SHARES) ADRHEDGED (NVOH, ETF) and NORTHERN TRUST 2055 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUND, ETF).

NVOH vs MUND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVOH(ETF)	MUND(ETF)
Net Assets	$4.20M	$4.20M
Expense Ratio	0.19%	0.18%
Max Drawdown	62.97%	5.60%
Sharpe Ratio	-0.36	0.17
5Y Beta	0.92	0.03
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

MUND

$4.20M

Expense Ratio

NVOH

0.19%

Winner

MUND

0.18%

Max Drawdown

NVOH

62.97%

Winner

MUND

5.60%

Sharpe Ratio

NVOH

-0.36

Winner

MUND

0.17

5Y Beta

NVOH

0.92

Winner

MUND

0.03

P/E Ratio

NVOH

11.24

MUND

N/A

Forward P/E

NVOH

14.68

MUND

N/A

PEG Ratio

NVOH

0.42

MUND

N/A

5Y EPS CAGR

NVOH

24.26%

MUND

N/A

Debt to Equity

NVOH

72.09%

MUND

N/A

P/S Ratio

NVOH

0.65

MUND

N/A

P/B Ratio

NVOH

7.08

MUND

N/A

NVOH vs MUND - Holdings Comparison

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

NVOH's top 25 holdings weight is 97.39%. MUND's top 25 holdings weight is 50.22%.

Rank	NVOH	MUND
#1	NOVO NORDISK AS ADR (NVO) - 97.39%	MASSACHUSETTS ST 5% (n/a) - 4.67%
#2	N/A	NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% (n/a) - 3.68%
#3	N/A	LUBBOCK TEX ELEC LT & PWR SYS REV 5% (n/a) - 3.31%
#4	N/A	ANNE ARUNDEL CNTY MD 5% (n/a) - 2.99%
#5	N/A	PASCO CNTY FLA CAP IMPT NON-AD VALOREM REV 5% (n/a) - 2.66%
#6	N/A	n/a (n/a) - 2.62%
#7	N/A	MASSACHUSETTS ST DEV FIN AGY REV 5% (n/a) - 2.41%
#8	N/A	IOWA FIN AUTH REV 5% (n/a) - 2.05%
#9	N/A	LANSE CREUSE MICH PUB SCHS 5% (n/a) - 2.05%
#10	N/A	SUN PRAIRIE WIS 5% (n/a) - 1.95%
#11	N/A	TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5% (n/a) - 1.85%
#12	N/A	ILLINOIS ST SALES TAX REV 5% (n/a) - 1.81%
#13	N/A	WASHINGTON ST 5% (n/a) - 1.62%
#14	N/A	MARYLAND ST 5% (n/a) - 1.60%
#15	N/A	n/a (n/a) - 1.59%
#16	N/A	HARRIS CNTY TEX 5% (n/a) - 1.50%
#17	N/A	MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5% (n/a) - 1.50%
#18	N/A	UTILITY DEBT SECURITIZATION AUTH N Y 5% (n/a) - 1.47%
#19	N/A	DOWNTOWN SMYRNA DEV AUTH GA REV 5% (n/a) - 1.47%
#20	N/A	PENNSYLVANIA ST TPK COMMN TPK REV 5% (n/a) - 1.41%
#21	N/A	OMAHA PUB PWR DIST NEB ELEC REV 5% (n/a) - 1.24%
#22	N/A	FOX VY TECHNICAL COLLEGE DIST WIS 4% (n/a) - 1.24%
#23	N/A	ISLIP N Y 5% (n/a) - 1.24%
#24	N/A	DUVAL CNTY FLA SCH BRD CTFS PARTN 5% (n/a) - 1.18%
#25	N/A	n/a (n/a) - 1.11%
Total Holdings	1	91

NVOH vs MUND - Historical Returns

Returns include dividend reinvestment.

Period	NVOH	MUND
1 month	+2.72%	-1.91%
3 months	+21.77%	-0.99%
6 months	-15.88%	-0.52%
1 year	-24.03%	+4.42%
Max(CAGR)	-29.75%	+4.77%

Winner

NVOH

+2.72%

MUND

-1.91%

Winner

NVOH

+21.77%

MUND

-0.99%

NVOH

-15.88%

Winner

MUND

-0.52%

NVOH

-24.03%

Winner

MUND

+4.42%

Max(CAGR)

NVOH

-29.75%

Winner

MUND

+4.77%

NVOH vs MUND - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	NVOH	MUND
2026	-1.19%	+0.17%
2025	-42.96%	+4.34%

NVOH vs MUND 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 MUND was -4.19%, occurring on Mar 23, 2026. This drawdown has not yet recovered.

The current NVOH drawdown is -46.44%. The current MUND drawdown is -3.12%.

Rank	NVOH	MUND
#1	-61.59% Feb 28, 2025 - Mar 27, 2026	-4.19% Nov 18, 2025 - Mar 23, 2026
#2	-11.28% Jan 10, 2025 - Feb 24, 2025	-0.97% Oct 27, 2025 - Nov 18, 2025
#3	-1.12% Feb 24, 2025 - Feb 28, 2025	-0.79% Sep 17, 2025 - Oct 10, 2025
#4	N/A	-0.50% Oct 14, 2025 - Oct 16, 2025
#5	N/A	-0.48% Oct 16, 2025 - Oct 24, 2025
#6	N/A	-0.21% Aug 19, 2025 - Aug 27, 2025
#7	N/A	-0.15% Sep 11, 2025 - Sep 15, 2025
#8	N/A	-0.12% Oct 10, 2025 - Oct 14, 2025
#9	N/A	-0.07% Aug 28, 2025 - Sep 3, 2025
#10	N/A	-0.03% Sep 8, 2025 - Sep 10, 2025

Correlation

Correlation between NVOH and MUND is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

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