NOCBX vs. FGBPX
Compare and contrast key facts about Northern Core Bond Fund (NOCBX) and Fidelity Advisor Investment Grade Bond Fund Class I (FGBPX).
NOCBX is managed by Northern Funds. It was launched on Mar 29, 2001. FGBPX is managed by Fidelity. It was launched on Aug 27, 2002.
Performance
NOCBX vs. FGBPX - Performance Comparison
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NOCBX vs. FGBPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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%
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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
NOCBX
FGBPX
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.
| NOCBX | FGBPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.79 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.38 | 1.16 | +0.22 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.34 | +0.42 |
Martin ratioReturn relative to average drawdown | 5.48 | 3.79 | +1.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NOCBX | FGBPX | Difference | |
|---|---|---|---|
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.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
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Drawdown Indicators
| NOCBX | FGBPX | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -5.24% | -2.85% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -2.90% | -4.81% | +1.91% |
Ulcer IndexDepth 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.
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Volatility by Period
| NOCBX | FGBPX | Difference | |
|---|---|---|---|
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% |