NICSX vs. SPY
Compare and contrast key facts about Nicholas Fund (NICSX) and SPDR S&P 500 ETF (SPY).
NICSX is managed by Nicholas. It was launched on Jul 14, 1969. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NICSX or SPY.
Performance
NICSX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, NICSX achieves a 15.73% return, which is significantly lower than SPY's 26.47% return. Over the past 10 years, NICSX has underperformed SPY with an annualized return of 4.12%, while SPY has yielded a comparatively higher 13.14% annualized return.
NICSX
15.73%
4.19%
6.72%
18.26%
7.74%
4.12%
SPY
26.47%
3.03%
13.19%
32.65%
15.68%
13.14%
Key characteristics
| NICSX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.42 | 2.69 |
| Sortino Ratio | 1.89 | 3.59 |
| Omega Ratio | 1.27 | 1.50 |
| Calmar Ratio | 2.29 | 3.88 |
| Martin Ratio | 7.41 | 17.47 |
| Ulcer Index | 2.47% | 1.87% |
| Daily Std Dev | 12.91% | 12.14% |
| Max Drawdown | -63.53% | -55.19% |
| Current Drawdown | -0.32% | -0.54% |
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NICSX vs. SPY - Expense Ratio Comparison
NICSX has a 0.71% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between NICSX and SPY is 0.89, 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.
Risk-Adjusted Performance
NICSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Fund (NICSX) and SPDR S&P 500 ETF (SPY). 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
NICSX vs. SPY - Dividend Comparison
NICSX's dividend yield for the trailing twelve months is around 0.33%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NICSX Nicholas Fund | 0.33% | 0.37% | 0.27% | 0.23% | 0.44% | 0.59% | 0.69% | 0.66% | 0.72% | 0.63% | 0.30% | 0.51% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
NICSX vs. SPY - Drawdown Comparison
The maximum NICSX drawdown since its inception was -63.53%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NICSX and SPY. For additional features, visit the drawdowns tool.
Volatility
NICSX vs. SPY - Volatility Comparison
Nicholas Fund (NICSX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.05% and 3.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.