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NICO vs. IYK
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NICO vs. IYK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hexis Active Nicotine Engagement ETF (NICO) and iShares U.S. Consumer Staples ETF (IYK). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


NICO

1D
0.73%
1M
2.38%
6M
YTD
1Y
3Y*
5Y*
10Y*

IYK

1D
1.24%
1M
5.00%
6M
15.15%
YTD
13.32%
1Y
8.36%
3Y*
7.03%
5Y*
6.96%
10Y*
9.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NICO vs. IYK - Yearly Performance Comparison


Correlation

The correlation between NICO and IYK is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (All Time)
Calculated using the full available price history since May 6, 2026

0.74

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Return for Risk

NICO vs. IYK — Risk / Return Rank

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

NICO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.


IYK
IYK Risk / Return Rank: 1919
Overall Rank
IYK Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
IYK Sortino Ratio Rank: 2020
Sortino Ratio Rank
IYK Omega Ratio Rank: 1919
Omega Ratio Rank
IYK Calmar Ratio Rank: 2020
Calmar Ratio Rank
IYK Martin Ratio Rank: 1717
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.

NICO vs. IYK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hexis Active Nicotine Engagement ETF (NICO) and iShares U.S. Consumer Staples ETF (IYK). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


NICOIYKDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.12

Calmar ratioReturn relative to maximum drawdown

0.79

Martin ratioReturn relative to average drawdown

1.60

NICO vs. IYK - Sharpe Ratio Comparison


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Drawdowns

NICO vs. IYK - Drawdown Comparison

The maximum NICO drawdown since its inception was -8.00%, smaller than the maximum IYK drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for NICO and IYK.


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Drawdown Indicators


NICOIYKDifference

Max Drawdown

Largest peak-to-trough decline

-8.00%

-42.64%

+34.64%

Max Drawdown (1Y)

Largest decline over 1 year

-10.68%

Max Drawdown (3Y)

Largest decline over 3 years

-12.14%

Max Drawdown (5Y)

Largest decline over 5 years

-15.05%

Max Drawdown (10Y)

Largest decline over 10 years

-33.19%

Current Drawdown

Current decline from peak

-3.58%

-2.32%

-1.26%

Average Drawdown

Average peak-to-trough decline

-3.86%

-5.07%

+1.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.27%

Volatility

NICO vs. IYK - Volatility Comparison


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Volatility by Period


NICOIYKDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.36%

Volatility (6M)

Calculated over the trailing 6-month period

10.47%

Volatility (1Y)

Calculated over the trailing 1-year period

20.02%

13.04%

+6.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.02%

13.14%

+6.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.02%

15.52%

+4.50%

NICO vs. IYK - Expense Ratio Comparison

NICO has a 0.70% expense ratio, which is higher than IYK's 0.38% expense ratio.


Dividends

NICO vs. IYK - Dividend Comparison

NICO has not paid dividends to shareholders, while IYK's dividend yield for the trailing twelve months is around 2.53%.


PositionTTM20252024202320222021202020192018201720162015
IYK
iShares U.S. Consumer Staples ETF
2.53%2.75%2.63%2.74%2.16%1.49%1.42%2.21%2.81%1.74%2.63%2.11%
NICO
Hexis Active Nicotine Engagement ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


NICO and IYK have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IYK is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IYK is cheaper with a 0.38% expense ratio, compared with 0.70% for NICO.

IYK has the higher dividend yield at 2.53%, compared with 0.00% for NICO.

They also come from different issuers: Hexis and iShares. Their fees differ too: 0.70% for NICO and 0.38% for IYK.

Portfolio Optimizer

Find the right allocation for NICO and IYK

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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