PortfoliosLab logoPortfoliosLab logo
NOCBX vs. FGBPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NOCBX vs. FGBPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Core Bond Fund (NOCBX) and Fidelity Advisor Investment Grade Bond Fund Class I (FGBPX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

NOCBX vs. FGBPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NOCBX
Northern Core Bond Fund
-0.09%6.17%1.10%5.07%-14.51%-1.62%7.32%9.76%-1.03%4.05%
FGBPX
Fidelity Advisor Investment Grade Bond Fund Class I
-0.23%7.16%0.89%6.08%-14.07%-1.15%9.99%9.63%-0.39%3.85%

Returns By Period

In the year-to-date period, NOCBX achieves a -0.09% return, which is significantly higher than FGBPX's -0.23% return. Over the past 10 years, NOCBX has underperformed FGBPX with an annualized return of 1.31%, while FGBPX has yielded a comparatively higher 2.16% annualized return.


NOCBX

1D
0.00%
1M
-1.22%
YTD
-0.09%
6M
0.56%
1Y
4.17%
3Y*
2.94%
5Y*
-0.45%
10Y*
1.31%

FGBPX

1D
0.00%
1M
-1.63%
YTD
-0.23%
6M
0.20%
1Y
3.72%
3Y*
3.44%
5Y*
0.07%
10Y*
2.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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. FGBPX - Expense Ratio Comparison

NOCBX has a 0.42% expense ratio, which is lower than FGBPX's 0.49% expense ratio.


Return for Risk

NOCBX vs. FGBPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOCBX
NOCBX Risk / Return Rank: 4141
Overall Rank
NOCBX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
NOCBX Sortino Ratio Rank: 3737
Sortino Ratio Rank
NOCBX Omega Ratio Rank: 2727
Omega Ratio Rank
NOCBX Calmar Ratio Rank: 6060
Calmar Ratio Rank
NOCBX Martin Ratio Rank: 4343
Martin Ratio Rank

FGBPX
FGBPX Risk / Return Rank: 2727
Overall Rank
FGBPX Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
FGBPX Sortino Ratio Rank: 2525
Sortino Ratio Rank
FGBPX Omega Ratio Rank: 1818
Omega Ratio Rank
FGBPX Calmar Ratio Rank: 3838
Calmar Ratio Rank
FGBPX Martin Ratio Rank: 2626
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NOCBX vs. FGBPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Core Bond Fund (NOCBX) and Fidelity Advisor Investment Grade Bond Fund Class I (FGBPX). 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.


NOCBXFGBPXDifference

Sharpe ratio

Return per unit of total volatility

0.93

0.79

+0.13

Sortino ratio

Return per unit of downside risk

1.38

1.16

+0.22

Omega ratio

Gain probability vs. loss probability

1.17

1.14

+0.03

Calmar ratio

Return relative to maximum drawdown

1.77

1.34

+0.42

Martin ratio

Return relative to average drawdown

5.48

3.79

+1.69

NOCBX vs. FGBPX - Sharpe Ratio Comparison

The current NOCBX Sharpe Ratio is 0.93, which is comparable to the FGBPX Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of NOCBX and FGBPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


NOCBXFGBPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.93

0.79

+0.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.07

0.01

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.26

0.44

-0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.52

+0.18

Correlation

The correlation between NOCBX and FGBPX is 0.84, 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.


Dividends

NOCBX vs. FGBPX - Dividend Comparison

NOCBX's dividend yield for the trailing twelve months is around 4.32%, more than FGBPX's 3.53% yield.


TTM20252024202320222021202020192018201720162015
NOCBX
Northern Core Bond Fund
4.32%3.14%3.82%2.99%1.66%1.56%3.58%2.75%3.16%2.88%2.05%3.09%
FGBPX
Fidelity Advisor Investment Grade Bond Fund Class I
3.53%3.83%3.29%3.19%1.92%1.32%4.76%2.71%2.82%2.12%2.67%2.61%

Drawdowns

NOCBX vs. FGBPX - Drawdown Comparison

The maximum NOCBX drawdown since its inception was -20.02%, which is greater than FGBPX's maximum drawdown of -18.75%. Use the drawdown chart below to compare losses from any high point for NOCBX and FGBPX.


Loading graphics...

Drawdown Indicators


NOCBXFGBPXDifference

Max Drawdown

Largest peak-to-trough decline

-20.02%

-18.75%

-1.27%

Max Drawdown (1Y)

Largest decline over 1 year

-2.89%

-2.88%

-0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-19.95%

-18.75%

-1.20%

Max Drawdown (10Y)

Largest decline over 10 years

-20.02%

-18.75%

-1.27%

Current Drawdown

Current decline from peak

-5.24%

-2.85%

-2.39%

Average Drawdown

Average peak-to-trough decline

-2.90%

-4.81%

+1.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.93%

1.02%

-0.09%

Volatility

NOCBX vs. FGBPX - Volatility Comparison

The current volatility for Northern Core Bond Fund (NOCBX) is 1.38%, while Fidelity Advisor Investment Grade Bond Fund Class I (FGBPX) has a volatility of 1.55%. This indicates that NOCBX experiences smaller price fluctuations and is considered to be less risky than FGBPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


NOCBXFGBPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.38%

1.55%

-0.17%

Volatility (6M)

Calculated over the trailing 6-month period

2.73%

2.68%

+0.05%

Volatility (1Y)

Calculated over the trailing 1-year period

4.44%

4.54%

-0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.10%

5.96%

+0.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.05%

4.98%

+0.07%