NHFIX vs. FAGIX
Compare and contrast key facts about Northern High Yield Fixed Income Fund (NHFIX) and Fidelity Capital & Income Fund (FAGIX).
NHFIX is managed by Northern Funds. It was launched on Dec 31, 1998. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NHFIX or FAGIX.
Correlation
The correlation between NHFIX and FAGIX is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NHFIX vs. FAGIX - Performance Comparison
Key characteristics
NHFIX:
1.96
FAGIX:
0.97
NHFIX:
2.85
FAGIX:
1.34
NHFIX:
1.44
FAGIX:
1.19
NHFIX:
1.89
FAGIX:
0.93
NHFIX:
8.39
FAGIX:
3.65
NHFIX:
0.99%
FAGIX:
1.84%
NHFIX:
4.21%
FAGIX:
6.94%
NHFIX:
-27.42%
FAGIX:
-37.80%
NHFIX:
-1.92%
FAGIX:
-3.46%
Returns By Period
In the year-to-date period, NHFIX achieves a 0.32% return, which is significantly higher than FAGIX's -1.09% return. Both investments have delivered pretty close results over the past 10 years, with NHFIX having a 4.53% annualized return and FAGIX not far behind at 4.52%.
NHFIX
0.32%
-1.00%
0.70%
7.89%
7.21%
4.53%
FAGIX
-1.09%
-0.30%
-0.13%
6.71%
7.22%
4.52%
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NHFIX vs. FAGIX - Expense Ratio Comparison
NHFIX has a 0.60% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Risk-Adjusted Performance
NHFIX vs. FAGIX — Risk-Adjusted Performance Rank
NHFIX
FAGIX
NHFIX vs. FAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern High Yield Fixed Income Fund (NHFIX) and Fidelity Capital & Income Fund (FAGIX). 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.
Dividends
NHFIX vs. FAGIX - Dividend Comparison
NHFIX's dividend yield for the trailing twelve months is around 6.33%, more than FAGIX's 5.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHFIX Northern High Yield Fixed Income Fund | 6.33% | 6.66% | 6.56% | 6.91% | 5.35% | 5.44% | 6.17% | 6.62% | 6.69% | 6.04% | 6.40% | 6.55% |
FAGIX Fidelity Capital & Income Fund | 5.04% | 5.03% | 5.29% | 4.85% | 3.41% | 3.78% | 4.25% | 5.28% | 4.01% | 4.12% | 5.01% | 8.08% |
Drawdowns
NHFIX vs. FAGIX - Drawdown Comparison
The maximum NHFIX drawdown since its inception was -27.42%, smaller than the maximum FAGIX drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for NHFIX and FAGIX. For additional features, visit the drawdowns tool.
Volatility
NHFIX vs. FAGIX - Volatility Comparison
The current volatility for Northern High Yield Fixed Income Fund (NHFIX) is 2.41%, while Fidelity Capital & Income Fund (FAGIX) has a volatility of 4.43%. This indicates that NHFIX experiences smaller price fluctuations and is considered to be less risky than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.