NMIEX vs. NHFIX
Compare and contrast key facts about Northern Active M International Equity Fund (NMIEX) and Northern High Yield Fixed Income Fund (NHFIX).
NMIEX is managed by Northern Funds. It was launched on Jun 22, 2006. NHFIX is managed by Northern Funds. It was launched on Dec 31, 1998.
Performance
NMIEX vs. NHFIX - Performance Comparison
Loading graphics...
NMIEX vs. NHFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NMIEX Northern Active M International Equity Fund | -2.63% | 34.98% | 4.43% | 20.82% | -17.17% | 14.41% | 11.70% | 22.93% | -13.76% | 29.06% |
NHFIX Northern High Yield Fixed Income Fund | -0.85% | 8.79% | 8.03% | 13.96% | -13.74% | 5.03% | 6.04% | 16.17% | -3.60% | 8.35% |
Returns By Period
In the year-to-date period, NMIEX achieves a -2.63% return, which is significantly lower than NHFIX's -0.85% return. Over the past 10 years, NMIEX has outperformed NHFIX with an annualized return of 9.26%, while NHFIX has yielded a comparatively lower 5.51% annualized return.
NMIEX
- 1D
- -0.16%
- 1M
- -12.08%
- YTD
- -2.63%
- 6M
- 0.59%
- 1Y
- 21.57%
- 3Y*
- 14.63%
- 5Y*
- 8.42%
- 10Y*
- 9.26%
NHFIX
- 1D
- 0.17%
- 1M
- -1.77%
- YTD
- -0.85%
- 6M
- 0.46%
- 1Y
- 6.99%
- 3Y*
- 8.50%
- 5Y*
- 3.45%
- 10Y*
- 5.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NMIEX vs. NHFIX - Expense Ratio Comparison
NMIEX has a 0.84% expense ratio, which is higher than NHFIX's 0.60% expense ratio.
Return for Risk
NMIEX vs. NHFIX — Risk / Return Rank
NMIEX
NHFIX
NMIEX vs. NHFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Active M International Equity Fund (NMIEX) and Northern High Yield Fixed Income Fund (NHFIX). 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.
| NMIEX | NHFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 1.68 | -0.44 |
Sortino ratioReturn per unit of downside risk | 1.72 | 2.45 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.40 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.62 | -0.31 |
Martin ratioReturn relative to average drawdown | 5.38 | 7.24 | -1.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NMIEX | NHFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.68 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.69 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.93 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 1.04 | -0.77 |
Correlation
The correlation between NMIEX and NHFIX is 0.42, 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.
Dividends
NMIEX vs. NHFIX - Dividend Comparison
NMIEX's dividend yield for the trailing twelve months is around 10.72%, more than NHFIX's 7.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMIEX Northern Active M International Equity Fund | 10.72% | 10.43% | 14.92% | 6.95% | 1.53% | 10.42% | 0.80% | 5.83% | 6.65% | 1.34% | 1.73% | 0.75% |
NHFIX Northern High Yield Fixed Income Fund | 7.03% | 6.87% | 6.67% | 6.57% | 3.84% | 4.92% | 5.41% | 6.35% | 6.85% | 6.66% | 5.57% | 6.19% |
Drawdowns
NMIEX vs. NHFIX - Drawdown Comparison
The maximum NMIEX drawdown since its inception was -55.92%, which is greater than NHFIX's maximum drawdown of -27.87%. Use the drawdown chart below to compare losses from any high point for NMIEX and NHFIX.
Loading graphics...
Drawdown Indicators
| NMIEX | NHFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.92% | -27.87% | -28.05% |
Max Drawdown (1Y)Largest decline over 1 year | -12.08% | -3.33% | -8.75% |
Max Drawdown (5Y)Largest decline over 5 years | -31.54% | -17.47% | -14.07% |
Max Drawdown (10Y)Largest decline over 10 years | -36.63% | -24.72% | -11.91% |
Current DrawdownCurrent decline from peak | -12.08% | -1.93% | -10.15% |
Average DrawdownAverage peak-to-trough decline | -12.97% | -2.80% | -10.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 0.82% | +2.50% |
Volatility
NMIEX vs. NHFIX - Volatility Comparison
Northern Active M International Equity Fund (NMIEX) has a higher volatility of 6.47% compared to Northern High Yield Fixed Income Fund (NHFIX) at 1.36%. This indicates that NMIEX's price experiences larger fluctuations and is considered to be riskier than NHFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NMIEX | NHFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.47% | 1.36% | +5.11% |
Volatility (6M)Calculated over the trailing 6-month period | 10.88% | 2.45% | +8.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.60% | 4.11% | +12.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.11% | 5.06% | +11.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.83% | 5.94% | +10.89% |