NOINX vs. IHDG
Compare and contrast key facts about Northern International Equity Index Fund (NOINX) and WisdomTree International Hedged Dividend Growth Fund (IHDG).
NOINX is managed by Northern Funds. It was launched on Mar 22, 2005. IHDG is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International Hedged Dividend Growth Index. It was launched on May 7, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOINX or IHDG.
Correlation
The correlation between NOINX and IHDG is 0.80, 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
NOINX vs. IHDG - Performance Comparison
Key characteristics
NOINX:
1.06
IHDG:
1.01
NOINX:
1.51
IHDG:
1.45
NOINX:
1.19
IHDG:
1.18
NOINX:
1.34
IHDG:
1.30
NOINX:
3.15
IHDG:
3.60
NOINX:
4.30%
IHDG:
3.36%
NOINX:
12.80%
IHDG:
11.95%
NOINX:
-61.54%
IHDG:
-29.24%
NOINX:
-0.91%
IHDG:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with NOINX having a 9.20% return and IHDG slightly higher at 9.29%. Over the past 10 years, NOINX has underperformed IHDG with an annualized return of 5.48%, while IHDG has yielded a comparatively higher 9.32% annualized return.
NOINX
9.20%
7.41%
3.08%
12.09%
6.89%
5.48%
IHDG
9.29%
6.19%
6.01%
11.06%
9.60%
9.32%
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NOINX vs. IHDG - Expense Ratio Comparison
NOINX has a 0.10% expense ratio, which is lower than IHDG's 0.58% expense ratio.
Risk-Adjusted Performance
NOINX vs. IHDG — Risk-Adjusted Performance Rank
NOINX
IHDG
NOINX vs. IHDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern International Equity Index Fund (NOINX) and WisdomTree International Hedged Dividend Growth Fund (IHDG). 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
NOINX vs. IHDG - Dividend Comparison
NOINX's dividend yield for the trailing twelve months is around 3.39%, more than IHDG's 2.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOINX Northern International Equity Index Fund | 3.39% | 3.70% | 3.37% | 2.71% | 3.19% | 2.04% | 3.09% | 3.48% | 2.45% | 3.21% | 2.74% | 4.03% |
IHDG WisdomTree International Hedged Dividend Growth Fund | 2.21% | 2.42% | 1.70% | 13.79% | 2.77% | 1.95% | 1.99% | 0.22% | 1.28% | 1.91% | 3.04% | 3.86% |
Drawdowns
NOINX vs. IHDG - Drawdown Comparison
The maximum NOINX drawdown since its inception was -61.54%, which is greater than IHDG's maximum drawdown of -29.24%. Use the drawdown chart below to compare losses from any high point for NOINX and IHDG. For additional features, visit the drawdowns tool.
Volatility
NOINX vs. IHDG - Volatility Comparison
Northern International Equity Index Fund (NOINX) has a higher volatility of 3.58% compared to WisdomTree International Hedged Dividend Growth Fund (IHDG) at 2.82%. This indicates that NOINX's price experiences larger fluctuations and is considered to be riskier than IHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.