Northern Global Real Estate Index Fund (NGREX)

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The chart shows the growth of an initial investment of $10,000 in Northern Global Real Estate Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Northern Global Real Estate Index Fund (NGREX) has returned -0.40% so far this year and 8.56% over the past 12 months. Over the last ten years, NGREX has returned 3.33% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 27, 2006, NGREX's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, your investment would double in approximately 13.8 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +20.3%, while the worst month was Oct 2008 at -28.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, NGREX closed higher 51% of trading days. The best single day was Oct 28, 2008 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -15.1%.

Northern Global Real Estate Index Fund has an annualized alpha of -3.80%, beta of 0.93, and R² of 0.69 versus S&P 500 Index. Calculated based on daily prices since July 28, 2006.

• This fund participated in 109.49% of S&P 500 Index downside but only 86.10% of its upside — more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -3.80% versus S&P 500 Index — delivering less than market exposure alone would predict.
• With beta of 0.93 and R² of 0.69, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

NGREX has an expense ratio of 0.47%, placing it in the medium range.

NGREX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Northern Global Real Estate Index Fund (NGREX) and compare them to a chosen benchmark (S&P 500 Index).

Northern Global Real Estate Index Fund provided a 3.78% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Northern Global Real Estate Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Northern Global Real Estate Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Northern Global Real Estate Index Fund was 72.37%, occurring on Mar 9, 2009. Recovery took 1475 trading sessions.

The current Northern Global Real Estate Index Fund drawdown is 10.24%.

The chart below shows the rolling one-month volatility.