Northern Global Sustainability Index Fund (NSRIX)
The investment seeks to provide investment results approximating the overall performance of the securities included in the MSCI World ESG Leaders IndexSM. The fund will invest substantially all (and at least 80%) of its net assets in equity securities included in the index, in weightings that approximate the relative composition of the securities contained in the index, and in ADRs, EDRs, and GDRs representing such securities. The index is a capitalization weighted index that provides exposure to companies with high Environmental, Social and Governance (ESG) performance relative to their sector peers.
Fund Info
| ISIN | US6651303082 |
|---|---|
| CUSIP | 665130308 |
| Issuer | Northern Funds |
| Inception Date | Mar 4, 2008 |
| Category | Global Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
NSRIX has a high expense ratio of 0.29%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Northern Global Sustainability 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.
Returns By Period
Northern Global Sustainability Index Fund had a return of 10.47% year-to-date (YTD) and 25.02% in the last 12 months. Over the past 10 years, Northern Global Sustainability Index Fund had an annualized return of 9.70%, while the S&P 500 had an annualized return of 10.99%, indicating that Northern Global Sustainability Index Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.47% | 11.18% |
| 1 month | 5.91% | 5.60% |
| 6 months | 17.47% | 17.48% |
| 1 year | 25.02% | 26.33% |
| 5 years (annualized) | 12.78% | 13.16% |
| 10 years (annualized) | 9.70% | 10.99% |
Monthly Returns
The table below presents the monthly returns of NSRIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.37% | 4.58% | 3.41% | -4.06% | 10.47% | ||||||||
| 2023 | 7.32% | -2.70% | 3.71% | 1.73% | -0.71% | 5.91% | 3.13% | -1.62% | -4.73% | -2.70% | 9.88% | 4.89% | 25.56% |
| 2022 | -5.69% | -3.40% | 2.68% | -8.03% | -0.17% | -7.91% | 7.44% | -5.35% | -9.33% | 6.89% | 8.71% | -4.96% | -19.45% |
| 2021 | -0.96% | 2.63% | 3.84% | 4.34% | 1.75% | 1.36% | 2.29% | 2.78% | -4.45% | 7.44% | -2.58% | 4.35% | 24.60% |
| 2020 | -0.26% | -7.54% | -12.82% | 10.15% | 5.30% | 2.27% | 3.77% | 6.43% | -2.99% | -3.33% | 12.30% | 4.12% | 15.49% |
| 2019 | 7.14% | 3.30% | 1.31% | 3.51% | -5.46% | 6.36% | 0.28% | -1.17% | 2.43% | 2.44% | 2.71% | 2.93% | 28.29% |
| 2018 | 5.09% | -4.50% | -1.21% | 0.79% | 0.21% | 0.00% | 3.50% | 0.90% | 0.55% | -7.49% | 2.58% | -7.45% | -7.65% |
| 2017 | 2.19% | 2.47% | 1.21% | 1.51% | 1.96% | 0.46% | 2.60% | -0.15% | 2.39% | 1.82% | 1.86% | 1.12% | 21.21% |
| 2016 | -5.25% | -1.11% | 7.10% | 1.39% | 0.86% | -0.85% | 3.87% | 0.33% | 0.33% | -2.47% | 1.52% | 2.08% | 7.53% |
| 2015 | -1.42% | 5.34% | -1.13% | 1.87% | 0.32% | -2.47% | 1.63% | -6.43% | -3.18% | 7.45% | -0.25% | -1.90% | -0.92% |
| 2014 | -3.93% | 5.34% | 0.25% | 1.01% | 1.92% | 1.88% | -1.77% | 2.37% | -2.96% | 1.07% | 1.47% | -1.77% | 4.62% |
| 2013 | 5.45% | 0.30% | 3.13% | 3.04% | -0.47% | -1.81% | 4.96% | -2.41% | 5.13% | 3.88% | 1.48% | 2.09% | 27.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of NSRIX is 78, placing it in the top 22% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
NSRIX (Northern Global Sustainability Index Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Northern Global Sustainability Index Fund (NSRIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Northern Global Sustainability Index Fund granted a 1.42% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.32 | $0.31 | $1.10 | $0.29 | $0.42 | $0.43 | $0.44 | $0.41 | $0.43 | $0.27 | $0.21 |
Dividend yield | 1.42% | 1.57% | 1.90% | 5.26% | 1.62% | 2.70% | 3.46% | 3.14% | 3.46% | 3.79% | 2.22% | 1.78% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Global Sustainability Index 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.10 | $1.10 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2013 | $0.21 | $0.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Northern Global Sustainability 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 Sustainability Index Fund was 55.30%, occurring on Mar 9, 2009. Recovery took 979 trading sessions.
The current Northern Global Sustainability Index Fund drawdown is 0.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.3% | May 20, 2008 | 201 | Mar 9, 2009 | 979 | Jan 29, 2013 | 1180 |
| -33.66% | Feb 20, 2020 | 23 | Mar 23, 2020 | 109 | Aug 26, 2020 | 132 |
| -27.86% | Dec 30, 2021 | 198 | Oct 12, 2022 | 301 | Dec 22, 2023 | 499 |
| -18.06% | Jan 29, 2018 | 229 | Dec 24, 2018 | 86 | Apr 30, 2019 | 315 |
| -17.51% | May 22, 2015 | 183 | Feb 11, 2016 | 209 | Dec 8, 2016 | 392 |
Volatility
Volatility Chart
The current Northern Global Sustainability Index Fund volatility is 3.40%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.