ARTKX vs. NSRIX

Last updated Jun 4, 2026

ARTKX (Artisan International Value Fund) and NSRIX (Northern Global Sustainability Index Fund) are both mutual funds - ARTKX is a Foreign Large Cap Equities fund managed by Artisan, while NSRIX is a Global Equities fund managed by Northern Funds. Over the past 10 years, ARTKX returned 10.70%/yr vs 12.98%/yr for NSRIX. Their correlation of 0.85 suggests significant overlap in exposure. ARTKX charges 1.25%/yr vs 0.29%/yr for NSRIX.

Performance

ARTKX vs. NSRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan International Value Fund (ARTKX) and Northern Global Sustainability Index Fund (NSRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARTKX achieves a 10.51% return, which is significantly higher than NSRIX's 9.87% return. Over the past 10 years, ARTKX has underperformed NSRIX with an annualized return of 10.70%, while NSRIX has yielded a comparatively higher 12.98% annualized return.

ARTKX

• 1D: 0.58%
• 1M: 5.72%
• YTD: 10.51%
• 6M: 13.83%
• 1Y: 23.03%
• 3Y*: 16.67%
• 5Y*: 10.28%
• 10Y*: 10.70%

NSRIX

• 1D: -0.21%
• 1M: 5.16%
• YTD: 9.87%
• 6M: 11.04%
• 1Y: 26.66%
• 3Y*: 20.24%
• 5Y*: 11.89%
• 10Y*: 12.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARTKX vs. NSRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARTKX Artisan International Value Fund	10.51%	22.54%	6.38%	22.65%	-6.98%	16.66%	8.52%	23.98%	-15.70%	23.84%
NSRIX Northern Global Sustainability Index Fund	9.87%	21.03%	17.02%	25.44%	-19.45%	24.60%	15.49%	28.29%	-7.65%	21.21%

Correlation

The correlation between ARTKX and NSRIX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Mar 7, 2008	0.85

Over the past year, the correlation between ARTKX and NSRIX has dropped to 0.55 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

ARTKX vs. NSRIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARTKX

ARTKX Risk / Return Rank: 36
ARTKX Sharpe Ratio Rank: 33
ARTKX Sortino Ratio Rank: 35
ARTKX Omega Ratio Rank: 41
ARTKX Calmar Ratio Rank: 37
ARTKX Martin Ratio Rank: 34

NSRIX

NSRIX Risk / Return Rank: 53
NSRIX Sharpe Ratio Rank: 54
NSRIX Sortino Ratio Rank: 53
NSRIX Omega Ratio Rank: 51
NSRIX Calmar Ratio Rank: 49
NSRIX Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARTKX vs. NSRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan International Value Fund (ARTKX) and Northern Global Sustainability Index Fund (NSRIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ARTKX	NSRIX	Difference
Sharpe ratio: Return per unit of total volatility	1.67	2.16	-0.49
Sortino ratio: Return per unit of downside risk	2.46	3.08	-0.63
Omega ratio: Gain probability vs. loss probability	1.34	1.39	-0.05
Calmar ratio: Return relative to maximum drawdown	2.29	2.67	-0.39
Martin ratio: Return relative to average drawdown	7.70	11.81	-4.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARTKX vs. NSRIX - Sharpe Ratio Comparison

The current ARTKX Sharpe Ratio is 1.67, which is comparable to the NSRIX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of ARTKX and NSRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARTKX	NSRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	2.16	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.73	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.76	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.46	+0.28

Drawdowns

ARTKX vs. NSRIX - Drawdown Comparison

The maximum ARTKX drawdown since its inception was -51.90%, smaller than the maximum NSRIX drawdown of -55.30%. Use the drawdown chart below to compare losses from any high point for ARTKX and NSRIX.

Drawdown Indicators

	ARTKX	NSRIX	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-55.30%	+3.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.96%	-10.36%	+0.40%
Max Drawdown (3Y) Largest decline over 3 years	-10.88%	-17.58%	+6.70%
Max Drawdown (5Y) Largest decline over 5 years	-24.95%	-27.86%	+2.91%
Max Drawdown (10Y) Largest decline over 10 years	-38.11%	-33.66%	-4.45%
Current Drawdown Current decline from peak	0.00%	-0.21%	+0.21%
Average Drawdown Average peak-to-trough decline	-6.73%	-8.45%	+1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.32%	+0.63%

Volatility

ARTKX vs. NSRIX - Volatility Comparison

Artisan International Value Fund (ARTKX) has a higher volatility of 4.38% compared to Northern Global Sustainability Index Fund (NSRIX) at 3.69%. This indicates that ARTKX's price experiences larger fluctuations and is considered to be riskier than NSRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARTKX	NSRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	3.69%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	10.64%	9.95%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	13.63%	12.81%	+0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.95%	16.46%	-2.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.17%	17.13%	-0.96%

ARTKX vs. NSRIX - Expense Ratio Comparison

ARTKX has a 1.25% expense ratio, which is higher than NSRIX's 0.29% expense ratio.

Dividends

ARTKX vs. NSRIX - Dividend Comparison

ARTKX's dividend yield for the trailing twelve months is around 6.26%, more than NSRIX's 5.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARTKX Artisan International Value Fund	6.26%	6.90%	4.10%	2.84%	2.11%	9.72%	0.84%	3.64%	5.37%	3.89%	3.11%	6.17%
NSRIX Northern Global Sustainability Index Fund	5.15%	5.66%	5.55%	1.57%	1.90%	5.26%	1.62%	2.70%	3.46%	3.14%	3.46%	3.79%

Frequently Asked Questions

Can I hold both ARTKX and NSRIX in my portfolio?

ARTKX and NSRIX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARTKX or NSRIX?

ARTKX has higher volatility (4.38%) compared to NSRIX (3.69%). In terms of maximum drawdown, ARTKX dropped -51.90% vs NSRIX's -55.30%.

Which has better risk-adjusted returns?

NSRIX currently has the higher Sharpe Ratio (2.16 vs 1.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.