NOCBX vs. VBTLX
Compare and contrast key facts about Northern Core Bond Fund (NOCBX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX).
NOCBX is managed by Northern Funds. It was launched on Mar 29, 2001. VBTLX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOCBX or VBTLX.
Key characteristics
| NOCBX | VBTLX | |
|---|---|---|
| YTD Return | 1.56% | 1.37% |
| 1Y Return | 6.95% | 6.68% |
| 3Y Return (Ann) | -2.39% | -2.41% |
| 5Y Return (Ann) | -0.59% | -0.28% |
| 10Y Return (Ann) | 1.01% | 1.35% |
| Sharpe Ratio | 1.37 | 1.36 |
| Sortino Ratio | 1.98 | 2.02 |
| Omega Ratio | 1.24 | 1.24 |
| Calmar Ratio | 0.51 | 0.51 |
| Martin Ratio | 4.97 | 4.66 |
| Ulcer Index | 1.65% | 1.68% |
| Daily Std Dev | 5.99% | 5.79% |
| Max Drawdown | -20.21% | -19.05% |
| Current Drawdown | -9.86% | -9.27% |
Correlation
The correlation between NOCBX and VBTLX is 0.90, 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.
Performance
NOCBX vs. VBTLX - Performance Comparison
In the year-to-date period, NOCBX achieves a 1.56% return, which is significantly higher than VBTLX's 1.37% return. Over the past 10 years, NOCBX has underperformed VBTLX with an annualized return of 1.01%, while VBTLX has yielded a comparatively higher 1.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NOCBX vs. VBTLX - Expense Ratio Comparison
NOCBX has a 0.42% expense ratio, which is higher than VBTLX's 0.05% expense ratio.
Risk-Adjusted Performance
NOCBX vs. VBTLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Core Bond Fund (NOCBX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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. VBTLX - Dividend Comparison
NOCBX's dividend yield for the trailing twelve months is around 4.09%, more than VBTLX's 3.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOCBX Northern Core Bond Fund | 4.09% | 3.64% | 2.87% | 1.72% | 1.97% | 2.67% | 3.06% | 2.90% | 2.19% | 2.40% | 2.17% | 2.63% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.61% | 3.11% | 2.51% | 1.90% | 2.23% | 2.74% | 2.78% | 2.51% | 2.49% | 2.48% | 2.55% | 2.56% |
Drawdowns
NOCBX vs. VBTLX - Drawdown Comparison
The maximum NOCBX drawdown since its inception was -20.21%, which is greater than VBTLX's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for NOCBX and VBTLX. For additional features, visit the drawdowns tool.
Volatility
NOCBX vs. VBTLX - Volatility Comparison
Northern Core Bond Fund (NOCBX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) have volatilities of 1.72% and 1.66%, 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.