Skip to content
etf.net

BPH vs NVOH

BP p.l.c. ADRhedged

BPHCNYSE Arca

Novo Nordisk A/S (B Shares) ADRhedged

NVOHCNYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

BPH0.19%NVOH0.19%

Avg volume · 30D

NVOH 1.4×the volume

BPH1.01KNVOH1.4K

BPH vs NVOH Performance

Nov 3, 2025 – Nov 3, 2026

+37.9%BPH−11.5%NVOH

Nov 3, 2025 to Nov 3, 2026. BPH +37.9%. NVOH −11.5%. Use the arrow keys to read each point.−20%0%20%Nov 2025May 2026Nov 2026
Expense ratio
BPH 0.19%
NVOH 0.19%
Fund size
BPH $2M
NVOH $4M
1Y total return
BPH +37.9%, better
NVOH −11.5%
Yield (12M)
BPH No data
NVOH 6.89%
Holdings
BPH 2
NVOH 2
Avg volume (30D)
BPH 1.01K sh
NVOH 1.4K sh, better
NAV per share
BPH $74.94
NVOH $22.80
52W range

ETF.net Grade

BPH: Cost 59, Risk 49, Mission not scored, Tradability 43, Holdings 54, Durability 45. NVOH: Cost 59, Risk 21, Mission not scored, Tradability 29, Holdings 47, Durability 69.
Pillar letters and Scores for BPH, NVOH, with each pillar’s weight
PillarBPHNVOH
Cost30% weightB59B59
Mission25% weightNot scoredNot scored
Risk15% weightC49HigherF21
Tradability15% weightC43HigherD29
Holdings10% weightC54HigherC47
Durability5% weightC45B69Higher

Rank among Currency-Hedged Funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BPH and NVOH are both graded against the same 9 Currency-Hedged Funds, so their Grades compare head to head.

Currency-Hedged Funds⁠

Category · 9 funds
See all 9 ›

BPH ranks 4th and NVOH 4th of 9 funds in the Currency-Hedged Funds Category.

  1. Rank 1BHSBHHSBC Holdings plc ADRhedgedScore 64
  2. Rank 2BSHEHShell plc ADRhedgedScore 62
  3. Rank 3CDDWMWisdomTree Dynamic International Equity FundScore 52
  4. Rank 4CBPHBP p.l.c. ADRhedgedScore 40
  5. Rank 4CGSKHGSK plc ADRhedgedScore 40
  6. Rank 4CNVOHNovo Nordisk A/S (B Shares) ADRhedgedScore 40
  7. Rank 4CSTHHSTMicroelectronics NV ADRhedgedScore 40

Our read on each fund

ETF.net Research

BPHCBP p.l.c. ADRhedged

NVOHCNovo Nordisk A/S (B Shares) ADRhedged

In short

BPH Most single-stock ETFs chase leverage. This one does the opposite: it holds BP through an ADR and pairs it with a currency contract meant to strip out the pound-dollar swing, so you get the oil major's story without the FX one.

NVOH One stock, one hedge. NVOH holds Novo Nordisk's ADR with an embedded currency contract, so the result leans on the company rather than the dollar-versus-krone tape. No basket, no diversification, just narrower exposure.

Stated mandate

BPH The Series seeks to provide returns that generally correspond, before fees and expenses, to BP p.l.c.'s ordinary shares in the company's local market.

NVOH The fund is designed to provide focused exposure to Novo Nordisk A/S through an ADR while using an integrated currency hedge intended to mitigate foreign-exchange risk.

Why people hold it

  • BPH The hedge is baked in. A currency contract sits alongside the BP ADR to reduce the foreign-exchange exposure that normally tags along with an overseas listing.precidian.com
  • 0.19% a year, matching the median for its currency-hedged peer group and the same sticker as sibling ADRhedged funds like HSBH and SHEH.
  • One US-listed ticker replaces the ADR-plus-forward setup a hedged investor would otherwise build by hand. Distributions come quarterly.
  • NVOH Owning a foreign ADR normally bundles in a currency bet. Here an embedded contract is designed to mitigate dollar versus local-currency moves, leaving the company as the main driver.
  • 0.19% expense ratio, level with the currency-hedged cohort median and with the rest of the ADRhedged shelf (HSBH, STHH, BPH).
  • A registered 1940 Act fund, not a bank-issued note, and it pays on a quarterly cadence.

Worth knowing

  • BPH One company, one sector. BP drives every move here, and the hedge addresses currency, not oil prices or company-specific news.
  • A small fund that trades thinly, so spreads and limit orders deserve more attention than with a heavily traded name.
  • Launched in 2025, so the live record behind the hedge is still short.
  • NVOH Non-diversified by design: one company's ADR plus the hedge. Trial results, patent news or a guidance change land with full force.
  • The hedge cuts both ways. A weaker dollar against the local currency won't lift results the way it can in a plain unhedged ADR.
  • A 2025 launch with a small asset base and light trading, so spreads can run wider than in large, heavily traded ETFs.

Full BPH profile⁠

Full NVOH profile⁠

BPH vs NVOH Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BPH vs NVOH Cost

Same expense ratio

$3,952

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BPH 0.19%

    $3,952

  • NVOH 0.19%

    $3,952

$10,000
30 years

Cost over time

  • BPH 0.19%
  • NVOH 0.19%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530BPH $3,952NVOH $3,952

Year by year

YearBPHNVOH
10$347$347
20$1,351$1,351
30$3,952$3,952

Expense ratio

  • 0.19%BPH
  • 0.19%NVOH
  • Middle half of Currency-Hedged Funds funds
  • Median 0.19%

BPH cheapest of 9 funds

NVOH cheapest of 9 funds

BPH vs NVOH Dividends

Last 12 months to Nov 3, 2026
Yield (12M)
BPH No data
NVOH 6.89%
Payout (12M)
BPH No data
NVOH $1.56
Last payment
BPH $0.33
NVOH $0.03
Ex-dividend
BPH Jun 16, 2026
NVOH Sep 16, 2026
Paid on
BPH Jun 23, 2026
NVOH Sep 23, 2026
Frequency
BPH Quarterly
NVOH Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

BPHQuarterly · 3 paymentsAll BPH payments⁠
One bar per payment. 3 payments from 2025 to 2026 YTD. Dec 16, 2025 $0.94; Mar 16, 2026 $0.42; Jun 16, 2026 $0.33. Use the arrow keys to read each point.$0$12026YTD
NVOHQuarterly · 5 paymentsAll NVOH payments⁠
One bar per payment. 5 payments from 2025 to 2026 YTD. Sep 16, 2025 $0.17; Dec 16, 2025 $0.49; Mar 16, 2026 $0.28; Jun 16, 2026 $0.77; Sep 16, 2026 $0.03. Use the arrow keys to read each point.$0$12026YTD

BPH vs NVOH Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BPH 30.6%since May 2025NVOH 48.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
BPH 1.46since May 2025NVOH −0.64since Feb 2025
Worst fallMax drawdown, 5 years
BPH −22.0%since Apr 2025NVOH −61.6%since Jan 2025
Market sensitivityBeta, 5 years
BPH −0.44NVOH 1.40

Popular comparisons

  • BPHCvsHSBHB

    BP p.l.c. ADRhedged · HSBC Holdings plc ADRhedged

    Expense ratio
    0.19% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVOHCvsHSBHB

    Novo Nordisk A/S (B Shares) ADRhedged · HSBC Holdings plc ADRhedged

    Expense ratio
    0.19% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BPHCvsSHEHB

    BP p.l.c. ADRhedged · Shell plc ADRhedged

    Expense ratio
    0.19% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVOHCvsSHEHB

    Novo Nordisk A/S (B Shares) ADRhedged · Shell plc ADRhedged

    Expense ratio
    0.19% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BPHCvsDDWMC

    BP p.l.c. ADRhedged · WisdomTree Dynamic International Equity Fund

    Expense ratio
    0.19% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVOHCvsDDWMC

    Novo Nordisk A/S (B Shares) ADRhedged · WisdomTree Dynamic International Equity Fund

    Expense ratio
    0.19% · 0.40%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.