NCTWX vs. ^GSPC
Compare and contrast key facts about Nicholas II Fund (NCTWX) and S&P 500 (^GSPC).
NCTWX is managed by Nicholas. It was launched on Oct 17, 1983.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NCTWX or ^GSPC.
Correlation
The correlation between NCTWX and ^GSPC is 0.83, 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.
Performance
NCTWX vs. ^GSPC - Performance Comparison
Key characteristics
NCTWX:
0.24
^GSPC:
1.59
NCTWX:
0.41
^GSPC:
2.16
NCTWX:
1.05
^GSPC:
1.29
NCTWX:
0.23
^GSPC:
2.40
NCTWX:
0.74
^GSPC:
9.79
NCTWX:
4.68%
^GSPC:
2.08%
NCTWX:
14.48%
^GSPC:
12.86%
NCTWX:
-70.08%
^GSPC:
-56.78%
NCTWX:
-9.64%
^GSPC:
-1.09%
Returns By Period
In the year-to-date period, NCTWX achieves a 4.24% return, which is significantly higher than ^GSPC's 2.90% return. Over the past 10 years, NCTWX has underperformed ^GSPC with an annualized return of 3.01%, while ^GSPC has yielded a comparatively higher 11.21% annualized return.
NCTWX
4.24%
5.02%
3.61%
2.94%
3.62%
3.01%
^GSPC
2.90%
3.70%
10.94%
22.18%
12.41%
11.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NCTWX vs. ^GSPC — Risk-Adjusted Performance Rank
NCTWX
^GSPC
NCTWX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas II Fund (NCTWX) and S&P 500 (^GSPC). 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.
Drawdowns
NCTWX vs. ^GSPC - Drawdown Comparison
The maximum NCTWX drawdown since its inception was -70.08%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NCTWX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
NCTWX vs. ^GSPC - Volatility Comparison
The current volatility for Nicholas II Fund (NCTWX) is 3.13%, while S&P 500 (^GSPC) has a volatility of 3.52%. This indicates that NCTWX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.