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NOIEX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NOIEX and FXAIX is 0.96, 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.


-0.50.00.51.01.0

Performance

NOIEX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Income Equity Fund (NOIEX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2025
10.96%
12.20%
NOIEX
FXAIX

Key characteristics

Sharpe Ratio

NOIEX:

2.03

FXAIX:

1.92

Sortino Ratio

NOIEX:

2.70

FXAIX:

2.57

Omega Ratio

NOIEX:

1.37

FXAIX:

1.35

Calmar Ratio

NOIEX:

3.60

FXAIX:

2.95

Martin Ratio

NOIEX:

13.59

FXAIX:

12.25

Ulcer Index

NOIEX:

1.79%

FXAIX:

2.03%

Daily Std Dev

NOIEX:

12.01%

FXAIX:

12.99%

Max Drawdown

NOIEX:

-45.66%

FXAIX:

-33.79%

Current Drawdown

NOIEX:

-0.41%

FXAIX:

-0.77%

Returns By Period

In the year-to-date period, NOIEX achieves a 3.01% return, which is significantly lower than FXAIX's 3.30% return. Over the past 10 years, NOIEX has underperformed FXAIX with an annualized return of 11.65%, while FXAIX has yielded a comparatively higher 13.69% annualized return.


NOIEX

YTD

3.01%

1M

3.01%

6M

10.96%

1Y

26.44%

5Y*

14.01%

10Y*

11.65%

FXAIX

YTD

3.30%

1M

3.30%

6M

12.20%

1Y

27.00%

5Y*

15.33%

10Y*

13.69%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


NOIEX vs. FXAIX - Expense Ratio Comparison

NOIEX has a 0.49% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


NOIEX
Northern Income Equity Fund
Expense ratio chart for NOIEX: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

NOIEX vs. FXAIX — Risk-Adjusted Performance Rank

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

NOIEX
The Risk-Adjusted Performance Rank of NOIEX is 9090
Overall Rank
The Sharpe Ratio Rank of NOIEX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of NOIEX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of NOIEX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of NOIEX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of NOIEX is 9292
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 8888
Overall Rank
The Sharpe Ratio Rank of FXAIX is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 8686
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NOIEX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Income Equity Fund (NOIEX) and Fidelity 500 Index Fund (FXAIX). 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.


Sharpe ratio
The chart of Sharpe ratio for NOIEX, currently valued at 2.03, compared to the broader market-1.000.001.002.003.004.002.031.92
The chart of Sortino ratio for NOIEX, currently valued at 2.70, compared to the broader market0.002.004.006.008.0010.0012.002.702.57
The chart of Omega ratio for NOIEX, currently valued at 1.37, compared to the broader market1.002.003.004.001.371.35
The chart of Calmar ratio for NOIEX, currently valued at 3.60, compared to the broader market0.005.0010.0015.0020.003.602.95
The chart of Martin ratio for NOIEX, currently valued at 13.59, compared to the broader market0.0020.0040.0060.0080.0013.5912.25
NOIEX
FXAIX

The current NOIEX Sharpe Ratio is 2.03, which is comparable to the FXAIX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of NOIEX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50SeptemberOctoberNovemberDecember2025
2.03
1.92
NOIEX
FXAIX

Dividends

NOIEX vs. FXAIX - Dividend Comparison

NOIEX's dividend yield for the trailing twelve months is around 5.84%, more than FXAIX's 1.21% yield.


TTM20242023202220212020201920182017201620152014
NOIEX
Northern Income Equity Fund
5.84%6.11%7.03%5.41%14.43%7.67%8.58%15.73%7.56%3.02%5.57%35.65%
FXAIX
Fidelity 500 Index Fund
1.21%1.25%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%4.15%3.95%

Drawdowns

NOIEX vs. FXAIX - Drawdown Comparison

The maximum NOIEX drawdown since its inception was -45.66%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for NOIEX and FXAIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025
-0.41%
-0.77%
NOIEX
FXAIX

Volatility

NOIEX vs. FXAIX - Volatility Comparison

The current volatility for Northern Income Equity Fund (NOIEX) is 3.85%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.12%. This indicates that NOIEX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025
3.85%
4.12%
NOIEX
FXAIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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