- ISIN
- US6651624008
- CUSIP
- 665162400
- Issuer
- Northern Funds
- Inception Date
- Mar 31, 1994
- Category
- Small Cap Value Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
NOSGX Performance Chart
Northern Small Cap Value Fund (NOSGX) is up 15.0% since the beginning of the year. NOSGX is currently trading at $12 per share. Investors who bought $1,000 worth of NOSGX shares 5 years ago would now be looking at an investment worth $1,361.
Loading charts...
Returns By Period
Northern Small Cap Value Fund (NOSGX) has returned 15.02% so far this year and 36.04% over the past 12 months. Over the last ten years, NOSGX has returned 8.40% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Northern Small Cap Value Fund
- 1D
- -0.09%
- 1M
- 0.61%
- YTD
- 15.02%
- 6M
- 16.10%
- 1Y
- 36.04%
- 3Y*
- 14.39%
- 5Y*
- 6.36%
- 10Y*
- 8.40%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
NOSGX Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 1994, NOSGX's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +15.9%, while the worst month was Mar 2020 at -22.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, NOSGX closed higher 52% of trading days. The best single day was Dec 16, 2021 with a return of +16.8%, while the worst single day was Dec 17, 2021 at -15.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.47% | 2.06% | -3.75% | 9.13% | 0.87% | -0.09% | 15.02% | ||||||
| 2025 | 2.46% | -3.90% | -4.53% | -3.76% | 3.65% | 4.51% | 1.80% | 7.01% | 0.86% | -0.86% | 3.31% | 0.30% | 10.63% |
| 2024 | -3.54% | 2.55% | 4.26% | -5.57% | 3.48% | -1.48% | 11.48% | -1.90% | -0.14% | -2.60% | 9.24% | -11.06% | 2.60% |
| 2023 | 7.59% | -1.03% | -5.78% | -2.32% | -1.98% | 8.37% | 5.96% | -3.62% | -4.90% | -4.39% | 7.28% | 11.53% | 15.67% |
| 2022 | -5.30% | 2.03% | 0.58% | -6.23% | 2.47% | -9.50% | 9.88% | -3.44% | -9.21% | 12.16% | 4.47% | -6.19% | -10.50% |
| 2021 | 2.43% | 10.24% | 5.30% | 1.83% | 2.47% | -2.53% | -2.72% | 2.11% | -1.86% | 3.96% | -2.23% | 5.30% | 26.17% |
Benchmark Metrics
Northern Small Cap Value Fund has an annualized alpha of 0.67%, beta of 0.98, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since April 04, 1994.
- With beta of 0.98 and R2 of 0.68, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.67%
- Beta
- 0.98
- R²
- 0.68
- Upside Capture
- 99.14%
- Downside Capture
- 100.47%
Expense Ratio
NOSGX has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
NOSGX ranks 61 for risk / return — better than 61% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Northern Small Cap Value Fund (NOSGX) and compare them to S&P 500 Index.
| NOSGX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 2.39 | -0.34 |
Sortino ratioReturn per unit of downside risk | 3.04 | 3.25 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.43 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 4.01 | 3.11 | +0.90 |
Martin ratioReturn relative to average drawdown | 13.87 | 14.38 | -0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Northern Small Cap Value Fund provided a 38.24% dividend yield over the last twelve months, with an annual payout of $4.42 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.42 | $4.42 | $7.49 | $1.36 | $1.05 | $3.48 | $0.39 | $1.46 | $2.14 | $2.28 | $0.55 | $0.87 |
Dividend yield | 38.24% | 43.99% | 57.55% | 6.99% | 5.84% | 16.35% | 1.96% | 7.08% | 11.90% | 9.76% | 2.26% | 4.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Small Cap Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.42 | $4.42 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.49 | $7.49 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.36 | $1.36 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.05 | $1.05 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.48 | $3.48 |
Drawdowns
Drawdowns Chart
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Northern Small Cap Value 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 Small Cap Value Fund was 56.92%, occurring on Mar 9, 2009. Recovery took 485 trading sessions.
The current Northern Small Cap Value Fund drawdown is 1.28%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -56.92%Mar 2009 | 1y 9mo | 1y 11mo | 3y 8moJun 2007 - Feb 2011 |
COVID crash2020 | -45.66%Mar 2020 | 1y 7mo | 9mo 19d | 2y 4moAug 2018 - Jan 2021 |
1998 bear market1998 | -35.05%Oct 1998 | 5mo 18d | 1y 4mo | 1y 10moApr 1998 - Feb 2000 |
Dot-com crash2000–2002 | -30.53%Oct 2002 | 5mo 6d | 10mo 28d | 1y 3moMay 2002 - Sep 2003 |
Bear market2022 | -28.34%Sep 2022 | 9mo 17d | 1y 10mo | 2y 7moDec 2021 - Jul 2024 |
Drawdown Indicators
| NOSGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.92% | -56.78% | -0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.07% | -9.10% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -28.13% | -18.90% | -9.23% |
Max Drawdown (5Y)Largest decline over 5 years | -28.34% | -25.43% | -2.91% |
Max Drawdown (10Y)Largest decline over 10 years | -45.66% | -33.92% | -11.74% |
Current DrawdownCurrent decline from peak | -1.28% | 0.00% | -1.28% |
Average DrawdownAverage peak-to-trough decline | -9.05% | -10.72% | +1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 1.97% | +0.64% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with NOSGX
Add Northern Small Cap Value Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with NOSGX