EAGG vs. NOCBX
EAGG (iShares ESG Aware US Aggregate Bond ETF) and NOCBX (Northern Core Bond Fund) are both Intermediate Core Bond funds. Over the past 5 years, EAGG returned 0.01%/yr vs -0.53%/yr for NOCBX. Their correlation of 0.91 suggests significant overlap in exposure. EAGG charges 0.10%/yr vs 0.42%/yr for NOCBX.
Performance
EAGG vs. NOCBX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EAGG achieves a 0.26% return, which is significantly higher than NOCBX's -0.01% return.
EAGG
- 1D
- -0.19%
- 1M
- 0.27%
- YTD
- 0.26%
- 6M
- 0.09%
- 1Y
- 5.11%
- 3Y*
- 3.84%
- 5Y*
- 0.01%
- 10Y*
- —
NOCBX
- 1D
- 0.00%
- 1M
- 0.51%
- YTD
- -0.01%
- 6M
- -0.07%
- 1Y
- 5.04%
- 3Y*
- 3.36%
- 5Y*
- -0.53%
- 10Y*
- 1.20%
EAGG vs. NOCBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 0.26% | 7.18% | 1.12% | 5.58% | -13.63% | -1.30% | 7.40% | 8.68% | 2.35% |
NOCBX Northern Core Bond Fund | -0.01% | 6.17% | 1.10% | 5.07% | -14.51% | -1.62% | 7.32% | 9.76% | 1.99% |
Correlation
The correlation between EAGG and NOCBX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018 | 0.91 |
The correlation between EAGG and NOCBX shifts across timeframes, from 0.84 (1 year) to 0.94 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EAGG vs. NOCBX — Risk / Return Rank
EAGG
NOCBX
EAGG vs. NOCBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware US Aggregate Bond ETF (EAGG) and Northern Core Bond Fund (NOCBX). 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.
| EAGG | NOCBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 1.61 | +0.25 |
| Martin ratioReturn relative to average drawdown | 5.75 | 4.86 | +0.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EAGG | NOCBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.29 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | -0.09 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.24 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.70 | -0.32 |
Drawdowns
EAGG vs. NOCBX - Drawdown Comparison
The maximum EAGG drawdown since its inception was -18.74%, smaller than the maximum NOCBX drawdown of -20.02%. Use the drawdown chart below to compare losses from any high point for EAGG and NOCBX.
Loading charts...
Drawdown Indicators
| EAGG | NOCBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | -20.02% | +1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -2.75% | -3.17% | +0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -6.20% | -6.61% | +0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -17.98% | -19.95% | +1.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.02% | — |
Current DrawdownCurrent decline from peak | -2.79% | -5.17% | +2.38% |
Average DrawdownAverage peak-to-trough decline | -6.05% | -2.92% | -3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 1.05% | -0.16% |
Volatility
EAGG vs. NOCBX - Volatility Comparison
The current volatility for iShares ESG Aware US Aggregate Bond ETF (EAGG) is 1.26%, while Northern Core Bond Fund (NOCBX) has a volatility of 1.46%. This indicates that EAGG experiences smaller price fluctuations and is considered to be less risky than NOCBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EAGG | NOCBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 1.46% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 2.93% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 3.98% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.03% | 6.12% | -0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.50% | 5.07% | +0.43% |
EAGG vs. NOCBX - Expense Ratio Comparison
EAGG has a 0.10% expense ratio, which is lower than NOCBX's 0.42% expense ratio.
Dividends
EAGG vs. NOCBX - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 4.01%, which matches NOCBX's 4.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 4.01% | 3.92% | 3.93% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% | 0.00% | 0.00% | 0.00% |
NOCBX Northern Core Bond Fund | 4.04% | 3.14% | 3.82% | 2.99% | 1.66% | 1.56% | 3.58% | 2.75% | 3.16% | 2.88% | 2.05% | 3.09% |
Frequently Asked Questions
EAGG and NOCBX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOCBX has higher volatility (1.46%) compared to EAGG (1.26%). In terms of maximum drawdown, EAGG dropped -18.74% vs NOCBX's -20.02%.
EAGG currently has the higher Sharpe Ratio (1.35 vs 1.29), 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.
Find the right allocation for EAGG and NOCBX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer