NOCBX vs. CEMB
Compare and contrast key facts about Northern Core Bond Fund (NOCBX) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB).
NOCBX is managed by Northern Funds. It was launched on Mar 29, 2001. CEMB is a passively managed fund by iShares that tracks the performance of the JP Morgan CEMBI Broad Diversified. It was launched on Apr 17, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOCBX or CEMB.
Correlation
The correlation between NOCBX and CEMB is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
NOCBX vs. CEMB - Performance Comparison
Loading data...
Key characteristics
NOCBX:
0.97
CEMB:
1.46
NOCBX:
1.46
CEMB:
1.99
NOCBX:
1.17
CEMB:
1.32
NOCBX:
0.39
CEMB:
1.13
NOCBX:
2.54
CEMB:
6.85
NOCBX:
2.05%
CEMB:
0.97%
NOCBX:
5.40%
CEMB:
4.51%
NOCBX:
-20.21%
CEMB:
-20.84%
NOCBX:
-8.15%
CEMB:
-0.69%
Returns By Period
The year-to-date returns for both investments are quite close, with NOCBX having a 2.07% return and CEMB slightly higher at 2.12%. Over the past 10 years, NOCBX has underperformed CEMB with an annualized return of 1.15%, while CEMB has yielded a comparatively higher 3.12% annualized return.
NOCBX
2.07%
1.06%
1.11%
5.45%
-0.69%
1.15%
CEMB
2.12%
2.49%
1.35%
6.71%
2.87%
3.12%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NOCBX vs. CEMB - Expense Ratio Comparison
NOCBX has a 0.42% expense ratio, which is lower than CEMB's 0.50% expense ratio.
Risk-Adjusted Performance
NOCBX vs. CEMB — Risk-Adjusted Performance Rank
NOCBX
CEMB
NOCBX vs. CEMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Core Bond Fund (NOCBX) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB). 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.
Loading data...
Dividends
NOCBX vs. CEMB - Dividend Comparison
NOCBX's dividend yield for the trailing twelve months is around 4.19%, less than CEMB's 5.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOCBX Northern Core Bond Fund | 4.19% | 4.12% | 3.64% | 2.87% | 1.72% | 1.97% | 2.67% | 3.06% | 2.90% | 2.19% | 2.40% | 2.17% |
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 5.25% | 5.11% | 4.77% | 4.29% | 3.51% | 3.86% | 4.19% | 4.66% | 4.06% | 4.26% | 4.76% | 4.23% |
Drawdowns
NOCBX vs. CEMB - Drawdown Comparison
The maximum NOCBX drawdown since its inception was -20.21%, roughly equal to the maximum CEMB drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for NOCBX and CEMB. For additional features, visit the drawdowns tool.
Loading data...
Volatility
NOCBX vs. CEMB - Volatility Comparison
The current volatility for Northern Core Bond Fund (NOCBX) is 1.69%, while iShares J.P. Morgan EM Corporate Bond ETF (CEMB) has a volatility of 2.06%. This indicates that NOCBX experiences smaller price fluctuations and is considered to be less risky than CEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...