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NOINX vs. IHDG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NOINX and IHDG is 0.76, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern International Equity Index Fund (NOINX) and WisdomTree International Hedged Dividend Growth Fund (IHDG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NOINX:

0.63

IHDG:

-0.06

Sortino Ratio

NOINX:

0.99

IHDG:

0.08

Omega Ratio

NOINX:

1.13

IHDG:

1.01

Calmar Ratio

NOINX:

0.78

IHDG:

-0.03

Martin Ratio

NOINX:

2.31

IHDG:

-0.11

Ulcer Index

NOINX:

4.65%

IHDG:

5.44%

Daily Std Dev

NOINX:

15.85%

IHDG:

17.48%

Max Drawdown

NOINX:

-61.54%

IHDG:

-29.24%

Current Drawdown

NOINX:

-0.57%

IHDG:

-5.77%

Returns By Period

In the year-to-date period, NOINX achieves a 13.98% return, which is significantly higher than IHDG's 2.99% return. Over the past 10 years, NOINX has underperformed IHDG with an annualized return of 5.38%, while IHDG has yielded a comparatively higher 8.20% annualized return.


NOINX

YTD

13.98%

1M

7.88%

6M

13.03%

1Y

9.91%

5Y*

12.61%

10Y*

5.38%

IHDG

YTD

2.99%

1M

9.73%

6M

3.38%

1Y

-1.08%

5Y*

11.20%

10Y*

8.20%

*Annualized

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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

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

NOINX
The Risk-Adjusted Performance Rank of NOINX is 6464
Overall Rank
The Sharpe Ratio Rank of NOINX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of NOINX is 6060
Sortino Ratio Rank
The Omega Ratio Rank of NOINX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of NOINX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of NOINX is 6262
Martin Ratio Rank

IHDG
The Risk-Adjusted Performance Rank of IHDG is 1414
Overall Rank
The Sharpe Ratio Rank of IHDG is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of IHDG is 1414
Sortino Ratio Rank
The Omega Ratio Rank of IHDG is 1414
Omega Ratio Rank
The Calmar Ratio Rank of IHDG is 1414
Calmar Ratio Rank
The Martin Ratio Rank of IHDG is 1414
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.

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.


The current NOINX Sharpe Ratio is 0.63, which is higher than the IHDG Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of NOINX and IHDG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NOINX vs. IHDG - Dividend Comparison

NOINX's dividend yield for the trailing twelve months is around 3.25%, more than IHDG's 1.87% yield.


TTM20242023202220212020201920182017201620152014
NOINX
Northern International Equity Index Fund
3.25%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
1.87%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.


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Volatility

NOINX vs. IHDG - Volatility Comparison

The current volatility for Northern International Equity Index Fund (NOINX) is 3.16%, while WisdomTree International Hedged Dividend Growth Fund (IHDG) has a volatility of 5.21%. This indicates that NOINX experiences smaller price fluctuations and is considered to be less risky than IHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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