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NCLEX vs. HRSCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NCLEX vs. HRSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Limited Edition Fund (NCLEX) and Carillon Eagle Small Cap Growth Fund (HRSCX). The values are adjusted to include any dividend payments, if applicable.

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NCLEX vs. HRSCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NCLEX
Nicholas Limited Edition Fund
-14.46%-10.41%11.91%17.17%-23.71%19.07%22.67%27.36%-0.94%19.93%
HRSCX
Carillon Eagle Small Cap Growth Fund
-5.22%11.26%12.85%14.06%-27.67%0.80%37.26%25.40%-10.92%22.88%

Returns By Period

In the year-to-date period, NCLEX achieves a -14.46% return, which is significantly lower than HRSCX's -5.22% return. Over the past 10 years, NCLEX has underperformed HRSCX with an annualized return of 6.64%, while HRSCX has yielded a comparatively higher 7.44% annualized return.


NCLEX

1D
0.09%
1M
-9.57%
YTD
-14.46%
6M
-16.84%
1Y
-16.93%
3Y*
-2.12%
5Y*
-2.31%
10Y*
6.64%

HRSCX

1D
-2.35%
1M
-10.41%
YTD
-5.22%
6M
-2.99%
1Y
17.05%
3Y*
9.56%
5Y*
-0.17%
10Y*
7.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NCLEX vs. HRSCX - Expense Ratio Comparison

NCLEX has a 0.85% expense ratio, which is lower than HRSCX's 1.06% expense ratio.


Return for Risk

NCLEX vs. HRSCX — Risk / Return Rank

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

NCLEX
NCLEX Risk / Return Rank: 00
Overall Rank
NCLEX Sharpe Ratio Rank: 00
Sharpe Ratio Rank
NCLEX Sortino Ratio Rank: 00
Sortino Ratio Rank
NCLEX Omega Ratio Rank: 11
Omega Ratio Rank
NCLEX Calmar Ratio Rank: 00
Calmar Ratio Rank
NCLEX Martin Ratio Rank: 00
Martin Ratio Rank

HRSCX
HRSCX Risk / Return Rank: 2929
Overall Rank
HRSCX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
HRSCX Sortino Ratio Rank: 2929
Sortino Ratio Rank
HRSCX Omega Ratio Rank: 2525
Omega Ratio Rank
HRSCX Calmar Ratio Rank: 3131
Calmar Ratio Rank
HRSCX Martin Ratio Rank: 3434
Martin Ratio Rank
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.

NCLEX vs. HRSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Limited Edition Fund (NCLEX) and Carillon Eagle Small Cap Growth Fund (HRSCX). 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.


NCLEXHRSCXDifference

Sharpe ratio

Return per unit of total volatility

-0.87

0.66

-1.53

Sortino ratio

Return per unit of downside risk

-1.20

1.07

-2.27

Omega ratio

Gain probability vs. loss probability

0.86

1.14

-0.28

Calmar ratio

Return relative to maximum drawdown

-0.87

0.88

-1.75

Martin ratio

Return relative to average drawdown

-2.41

3.63

-6.03

NCLEX vs. HRSCX - Sharpe Ratio Comparison

The current NCLEX Sharpe Ratio is -0.87, which is lower than the HRSCX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of NCLEX and HRSCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NCLEXHRSCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.87

0.66

-1.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.12

-0.01

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.35

0.31

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.39

+0.12

Correlation

The correlation between NCLEX and HRSCX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

NCLEX vs. HRSCX - Dividend Comparison

NCLEX's dividend yield for the trailing twelve months is around 8.81%, which matches HRSCX's 8.89% yield.


TTM20252024202320222021202020192018201720162015
NCLEX
Nicholas Limited Edition Fund
8.81%7.53%2.51%2.43%6.22%16.44%5.10%5.66%10.72%7.97%10.68%8.05%
HRSCX
Carillon Eagle Small Cap Growth Fund
8.89%8.42%22.56%9.37%38.95%40.00%18.51%6.62%26.17%8.10%0.06%7.03%

Drawdowns

NCLEX vs. HRSCX - Drawdown Comparison

The maximum NCLEX drawdown since its inception was -48.68%, smaller than the maximum HRSCX drawdown of -55.68%. Use the drawdown chart below to compare losses from any high point for NCLEX and HRSCX.


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Drawdown Indicators


NCLEXHRSCXDifference

Max Drawdown

Largest peak-to-trough decline

-48.68%

-55.68%

+7.00%

Max Drawdown (1Y)

Largest decline over 1 year

-21.36%

-15.21%

-6.15%

Max Drawdown (5Y)

Largest decline over 5 years

-28.50%

-38.22%

+9.72%

Max Drawdown (10Y)

Largest decline over 10 years

-35.79%

-38.32%

+2.53%

Current Drawdown

Current decline from peak

-28.44%

-12.15%

-16.29%

Average Drawdown

Average peak-to-trough decline

-8.21%

-11.55%

+3.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.74%

3.69%

+4.05%

Volatility

NCLEX vs. HRSCX - Volatility Comparison

The current volatility for Nicholas Limited Edition Fund (NCLEX) is 4.65%, while Carillon Eagle Small Cap Growth Fund (HRSCX) has a volatility of 8.26%. This indicates that NCLEX experiences smaller price fluctuations and is considered to be less risky than HRSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NCLEXHRSCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.65%

8.26%

-3.61%

Volatility (6M)

Calculated over the trailing 6-month period

12.19%

14.61%

-2.42%

Volatility (1Y)

Calculated over the trailing 1-year period

19.69%

24.60%

-4.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.46%

23.59%

-4.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.15%

23.88%

-4.73%