NOBOX vs. FTBFX
Compare and contrast key facts about Northern Bond Index Fund (NOBOX) and Fidelity Total Bond Fund (FTBFX).
NOBOX is managed by Northern Funds. It was launched on Feb 27, 2007. FTBFX is managed by Fidelity. It was launched on Oct 15, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOBOX or FTBFX.
Performance
NOBOX vs. FTBFX - Performance Comparison
Returns By Period
In the year-to-date period, NOBOX achieves a 1.16% return, which is significantly lower than FTBFX's 3.24% return. Over the past 10 years, NOBOX has underperformed FTBFX with an annualized return of 1.12%, while FTBFX has yielded a comparatively higher 1.99% annualized return.
NOBOX
1.16%
-0.56%
2.82%
5.77%
-0.71%
1.12%
FTBFX
3.24%
-0.26%
3.74%
8.04%
0.53%
1.99%
Key characteristics
| NOBOX | FTBFX | |
|---|---|---|
| Sharpe Ratio | 0.99 | 1.26 |
| Sortino Ratio | 1.43 | 1.88 |
| Omega Ratio | 1.17 | 1.23 |
| Calmar Ratio | 0.37 | 0.60 |
| Martin Ratio | 3.11 | 4.56 |
| Ulcer Index | 1.85% | 1.51% |
| Daily Std Dev | 5.84% | 5.52% |
| Max Drawdown | -19.74% | -18.19% |
| Current Drawdown | -10.25% | -5.47% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NOBOX vs. FTBFX - Expense Ratio Comparison
NOBOX has a 0.07% expense ratio, which is lower than FTBFX's 0.45% expense ratio.
Correlation
The correlation between NOBOX and FTBFX is 0.85, 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
NOBOX vs. FTBFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Bond Index Fund (NOBOX) and Fidelity Total Bond Fund (FTBFX). 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
NOBOX vs. FTBFX - Dividend Comparison
NOBOX's dividend yield for the trailing twelve months is around 3.41%, less than FTBFX's 4.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOBOX Northern Bond Index Fund | 3.41% | 3.20% | 2.76% | 2.10% | 2.35% | 2.83% | 2.82% | 2.77% | 2.74% | 2.69% | 4.19% | 4.34% |
FTBFX Fidelity Total Bond Fund | 4.62% | 4.15% | 3.34% | 2.19% | 2.53% | 2.95% | 3.19% | 2.74% | 2.95% | 3.71% | 2.99% | 3.91% |
Drawdowns
NOBOX vs. FTBFX - Drawdown Comparison
The maximum NOBOX drawdown since its inception was -19.74%, which is greater than FTBFX's maximum drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for NOBOX and FTBFX. For additional features, visit the drawdowns tool.
Volatility
NOBOX vs. FTBFX - Volatility Comparison
Northern Bond Index Fund (NOBOX) and Fidelity Total Bond Fund (FTBFX) have volatilities of 1.31% and 1.35%, 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.