NHFIX vs. VWEHX
Compare and contrast key facts about Northern High Yield Fixed Income Fund (NHFIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX).
NHFIX is managed by Northern Funds. It was launched on Dec 31, 1998. VWEHX is managed by Vanguard. It was launched on Dec 27, 1978.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NHFIX or VWEHX.
Correlation
The correlation between NHFIX and VWEHX is 0.70, 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.
Performance
NHFIX vs. VWEHX - Performance Comparison
Key characteristics
NHFIX:
2.92
VWEHX:
2.51
NHFIX:
4.82
VWEHX:
4.14
NHFIX:
1.69
VWEHX:
1.61
NHFIX:
4.62
VWEHX:
4.19
NHFIX:
18.22
VWEHX:
13.72
NHFIX:
0.55%
VWEHX:
0.57%
NHFIX:
3.44%
VWEHX:
3.11%
NHFIX:
-27.42%
VWEHX:
-30.17%
NHFIX:
-0.16%
VWEHX:
-0.18%
Returns By Period
In the year-to-date period, NHFIX achieves a 1.33% return, which is significantly higher than VWEHX's 0.74% return. Over the past 10 years, NHFIX has outperformed VWEHX with an annualized return of 4.83%, while VWEHX has yielded a comparatively lower 4.37% annualized return.
NHFIX
1.33%
0.66%
3.81%
10.04%
4.17%
4.83%
VWEHX
0.74%
0.18%
2.41%
7.99%
3.33%
4.37%
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NHFIX vs. VWEHX - Expense Ratio Comparison
NHFIX has a 0.60% expense ratio, which is higher than VWEHX's 0.23% expense ratio.
Risk-Adjusted Performance
NHFIX vs. VWEHX — Risk-Adjusted Performance Rank
NHFIX
VWEHX
NHFIX vs. VWEHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern High Yield Fixed Income Fund (NHFIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). 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. VWEHX - Dividend Comparison
NHFIX's dividend yield for the trailing twelve months is around 6.65%, more than VWEHX's 5.59% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NHFIX Northern High Yield Fixed Income Fund | 6.65% | 6.66% | 6.56% | 6.91% | 5.35% | 5.44% | 6.17% | 6.62% | 6.69% | 6.04% | 6.40% | 6.55% |
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 5.59% | 6.13% | 5.68% | 5.11% | 4.15% | 4.62% | 5.25% | 5.93% | 5.30% | 5.39% | 5.88% | 5.59% |
Drawdowns
NHFIX vs. VWEHX - Drawdown Comparison
The maximum NHFIX drawdown since its inception was -27.42%, smaller than the maximum VWEHX drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for NHFIX and VWEHX. For additional features, visit the drawdowns tool.
Volatility
NHFIX vs. VWEHX - Volatility Comparison
Northern High Yield Fixed Income Fund (NHFIX) has a higher volatility of 0.81% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 0.73%. This indicates that NHFIX's price experiences larger fluctuations and is considered to be riskier than VWEHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.