NOCBX vs. EAGG
Compare and contrast key facts about Northern Core Bond Fund (NOCBX) and iShares ESG Aware US Aggregate Bond ETF (EAGG).
NOCBX is managed by Northern Funds. It was launched on Mar 29, 2001. EAGG is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI U.S. Aggregate ESG Focus Index. It was launched on Oct 18, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOCBX or EAGG.
Performance
NOCBX vs. EAGG - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with NOCBX having a 1.45% return and EAGG slightly lower at 1.42%.
NOCBX
1.45%
-0.78%
2.90%
6.01%
-0.70%
0.98%
EAGG
1.42%
-0.86%
3.22%
6.00%
-0.39%
N/A
Key characteristics
| NOCBX | EAGG | |
|---|---|---|
| Sharpe Ratio | 1.05 | 1.08 |
| Sortino Ratio | 1.52 | 1.58 |
| Omega Ratio | 1.18 | 1.19 |
| Calmar Ratio | 0.40 | 0.42 |
| Martin Ratio | 3.52 | 3.44 |
| Ulcer Index | 1.74% | 1.79% |
| Daily Std Dev | 5.81% | 5.71% |
| Max Drawdown | -20.21% | -18.74% |
| Current Drawdown | -9.97% | -9.27% |
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NOCBX vs. EAGG - Expense Ratio Comparison
NOCBX has a 0.42% expense ratio, which is higher than EAGG's 0.10% expense ratio.
Correlation
The correlation between NOCBX and EAGG is 0.91, 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
NOCBX vs. EAGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Core Bond Fund (NOCBX) and iShares ESG Aware US Aggregate Bond ETF (EAGG). 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
NOCBX vs. EAGG - Dividend Comparison
NOCBX's dividend yield for the trailing twelve months is around 3.79%, less than EAGG's 3.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOCBX Northern Core Bond Fund | 3.79% | 3.64% | 2.87% | 1.72% | 1.97% | 2.67% | 3.06% | 2.90% | 2.19% | 2.40% | 2.17% | 2.63% |
EAGG iShares ESG Aware US Aggregate Bond ETF | 3.86% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NOCBX vs. EAGG - Drawdown Comparison
The maximum NOCBX drawdown since its inception was -20.21%, which is greater than EAGG's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for NOCBX and EAGG. For additional features, visit the drawdowns tool.
Volatility
NOCBX vs. EAGG - Volatility Comparison
Northern Core Bond Fund (NOCBX) and iShares ESG Aware US Aggregate Bond ETF (EAGG) have volatilities of 1.56% and 1.52%, 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.