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NCOIX vs. THHYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NCOIX vs. THHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen High Yield Income Fund (NCOIX) and Toews Tactical Income Fund (THHYX). The values are adjusted to include any dividend payments, if applicable.

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NCOIX vs. THHYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NCOIX
Nuveen High Yield Income Fund
-1.11%9.61%9.44%17.36%-9.98%6.64%2.08%12.79%-0.60%6.17%
THHYX
Toews Tactical Income Fund
0.07%3.44%5.48%4.51%-5.33%0.28%5.21%7.37%-0.80%2.57%

Returns By Period

In the year-to-date period, NCOIX achieves a -1.11% return, which is significantly lower than THHYX's 0.07% return. Over the past 10 years, NCOIX has outperformed THHYX with an annualized return of 6.63%, while THHYX has yielded a comparatively lower 3.05% annualized return.


NCOIX

1D
0.17%
1M
-2.12%
YTD
-1.11%
6M
1.27%
1Y
7.39%
3Y*
10.39%
5Y*
5.64%
10Y*
6.63%

THHYX

1D
0.05%
1M
-0.45%
YTD
0.07%
6M
-0.03%
1Y
5.03%
3Y*
4.39%
5Y*
1.68%
10Y*
3.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NCOIX vs. THHYX - Expense Ratio Comparison

NCOIX has a 0.74% expense ratio, which is lower than THHYX's 1.46% expense ratio.


Return for Risk

NCOIX vs. THHYX — Risk / Return Rank

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

NCOIX
NCOIX Risk / Return Rank: 9292
Overall Rank
NCOIX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
NCOIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
NCOIX Omega Ratio Rank: 9494
Omega Ratio Rank
NCOIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
NCOIX Martin Ratio Rank: 9191
Martin Ratio Rank

THHYX
THHYX Risk / Return Rank: 9292
Overall Rank
THHYX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
THHYX Sortino Ratio Rank: 9393
Sortino Ratio Rank
THHYX Omega Ratio Rank: 9090
Omega Ratio Rank
THHYX Calmar Ratio Rank: 9898
Calmar Ratio Rank
THHYX Martin Ratio Rank: 9292
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.

NCOIX vs. THHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen High Yield Income Fund (NCOIX) and Toews Tactical Income Fund (THHYX). 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.


NCOIXTHHYXDifference

Sharpe ratio

Return per unit of total volatility

2.02

1.85

+0.17

Sortino ratio

Return per unit of downside risk

3.02

2.85

+0.17

Omega ratio

Gain probability vs. loss probability

1.48

1.40

+0.08

Calmar ratio

Return relative to maximum drawdown

2.35

4.34

-1.99

Martin ratio

Return relative to average drawdown

10.60

10.84

-0.24

NCOIX vs. THHYX - Sharpe Ratio Comparison

The current NCOIX Sharpe Ratio is 2.02, which is comparable to the THHYX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of NCOIX and THHYX, 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


NCOIXTHHYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.02

1.85

+0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.12

0.43

+0.69

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.18

0.83

+0.35

Sharpe Ratio (All Time)

Calculated using the full available price history

1.13

1.14

-0.01

Correlation

The correlation between NCOIX and THHYX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

NCOIX vs. THHYX - Dividend Comparison

NCOIX's dividend yield for the trailing twelve months is around 7.88%, more than THHYX's 5.51% yield.


TTM20252024202320222021202020192018201720162015
NCOIX
Nuveen High Yield Income Fund
7.88%9.10%7.41%10.49%5.79%5.12%5.51%5.38%6.28%6.88%7.29%7.59%
THHYX
Toews Tactical Income Fund
5.51%4.91%5.44%4.33%1.61%2.79%2.21%3.84%2.43%6.56%3.30%1.59%

Drawdowns

NCOIX vs. THHYX - Drawdown Comparison

The maximum NCOIX drawdown since its inception was -23.02%, which is greater than THHYX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for NCOIX and THHYX.


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Drawdown Indicators


NCOIXTHHYXDifference

Max Drawdown

Largest peak-to-trough decline

-23.02%

-8.83%

-14.19%

Max Drawdown (1Y)

Largest decline over 1 year

-3.17%

-1.12%

-2.05%

Max Drawdown (5Y)

Largest decline over 5 years

-14.41%

-8.83%

-5.58%

Max Drawdown (10Y)

Largest decline over 10 years

-23.02%

-8.83%

-14.19%

Current Drawdown

Current decline from peak

-2.12%

-0.80%

-1.32%

Average Drawdown

Average peak-to-trough decline

-2.33%

-1.64%

-0.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.70%

0.45%

+0.25%

Volatility

NCOIX vs. THHYX - Volatility Comparison

Nuveen High Yield Income Fund (NCOIX) has a higher volatility of 1.20% compared to Toews Tactical Income Fund (THHYX) at 0.59%. This indicates that NCOIX's price experiences larger fluctuations and is considered to be riskier than THHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NCOIXTHHYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.20%

0.59%

+0.61%

Volatility (6M)

Calculated over the trailing 6-month period

2.46%

1.59%

+0.87%

Volatility (1Y)

Calculated over the trailing 1-year period

3.97%

2.74%

+1.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.05%

3.91%

+1.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.63%

3.68%

+1.95%