PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Nicholas Equity Income Fund (NSEIX) Sortino Ratio: 2.08

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

To achieve moderate long-term growth, the fund seeks a five-year return which approximates three-fourths of the average total return achieved over a five-year period on the S&P 500 Index. It invests in a diversified portfolio of income-producing equity securities (including common stocks, preferred stocks and convertible securities) and corporate and government fixed income investments (including notes, bonds and debentures). The fund invests, under normal market conditions, at least 80% of its net assets in equity securities.

NSEIX's Sortino Ratio of 2.08 indicates that for each unit of downside volatility, it generates 2.08 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

NSEIX Sortino Ratio Rank

NSEIX Sortino Ratio Rank: 24.124
Below Average

NSEIX ranks above 24.1% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Returns may not adequately compensate for downside risk taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better downside protection
  • Assess whether downside exposure aligns with your portfolio goals

NSEIX Sortino Ratio Market Positioning

The chart shows NSEIX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.

  • Red zone (bottom 25%): 2.07 or lower
  • Yellow zone (middle 50%): 2.07 to 3.61
  • Green zone (top 25%): 3.61 or higher
  • Top 1%: 9.18+
  • Median: 2.99 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Nicholas Equity Income Fund's Sortino Ratio with other mutual funds in the Large Cap Value Equities category across multiple time periods, showing how NSEIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
FGIPXNomura Growth and Income Fund Institutional Class5.47
FGINXDelaware Growth and Income Fund5.42
VALAXAl Frank Fund5.16
SABTXSA U.S. Value Fund5.03
FSWCXFidelity SAI U.S. Value Index Fund5.00
NPRTXNeuberger Berman Large Cap Value Fund4.72
IDIVXIntegrity Dividend Harvest Fund4.68
PKAIXPIMCO RAE US Fund4.66
NEIMXNeiman Large Cap Value Fund4.65
LSVVXLSV Conservative Value Equity Fund4.64
NSEIXNicholas Equity Income Fund2.08

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows NSEIX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when NSEIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sortino Ratio Calculator

IHow does NSEIX fit in your portfolio?

Add your other holdings to see your portfolio's Sortino Ratio and find out.

Analyze Your Portfolio