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

Correlation

The correlation between NOINX and NOSIX is 0.78, 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. NOSIX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

NOINX:

0.72

NOSIX:

0.65

Sortino Ratio

NOINX:

1.06

NOSIX:

1.04

Omega Ratio

NOINX:

1.15

NOSIX:

1.15

Calmar Ratio

NOINX:

0.85

NOSIX:

0.68

Martin Ratio

NOINX:

2.51

NOSIX:

2.56

Ulcer Index

NOINX:

4.65%

NOSIX:

5.02%

Daily Std Dev

NOINX:

15.84%

NOSIX:

19.67%

Max Drawdown

NOINX:

-61.54%

NOSIX:

-55.42%

Current Drawdown

NOINX:

0.00%

NOSIX:

-4.14%

Returns By Period

In the year-to-date period, NOINX achieves a 14.63% return, which is significantly higher than NOSIX's 0.50% return. Over the past 10 years, NOINX has underperformed NOSIX with an annualized return of 5.45%, while NOSIX has yielded a comparatively higher 10.52% annualized return.


NOINX

YTD

14.63%

1M

10.16%

6M

12.74%

1Y

11.36%

5Y*

12.76%

10Y*

5.45%

NOSIX

YTD

0.50%

1M

9.82%

6M

-2.32%

1Y

12.67%

5Y*

14.48%

10Y*

10.52%

*Annualized

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NOINX vs. NOSIX - Expense Ratio Comparison

NOINX has a 0.10% expense ratio, which is higher than NOSIX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

NOINX vs. NOSIX — 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 6868
Overall Rank
The Sharpe Ratio Rank of NOINX is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of NOINX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of NOINX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of NOINX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of NOINX is 6565
Martin Ratio Rank

NOSIX
The Risk-Adjusted Performance Rank of NOSIX is 6565
Overall Rank
The Sharpe Ratio Rank of NOSIX is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of NOSIX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of NOSIX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of NOSIX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of NOSIX is 6666
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. NOSIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern International Equity Index Fund (NOINX) and Northern Stock Index Fund (NOSIX). 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 0.72, which is comparable to the NOSIX Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of NOINX and NOSIX, 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. NOSIX - Dividend Comparison

NOINX's dividend yield for the trailing twelve months is around 3.23%, more than NOSIX's 1.29% yield.


TTM20242023202220212020201920182017201620152014
NOINX
Northern International Equity Index Fund
3.23%3.70%3.37%2.71%3.19%2.04%3.09%3.48%2.45%3.21%2.74%4.03%
NOSIX
Northern Stock Index Fund
1.29%1.27%1.56%1.68%1.15%1.53%1.70%2.09%1.73%2.06%1.99%1.77%

Drawdowns

NOINX vs. NOSIX - Drawdown Comparison

The maximum NOINX drawdown since its inception was -61.54%, which is greater than NOSIX's maximum drawdown of -55.42%. Use the drawdown chart below to compare losses from any high point for NOINX and NOSIX. For additional features, visit the drawdowns tool.


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Volatility

NOINX vs. NOSIX - Volatility Comparison

The current volatility for Northern International Equity Index Fund (NOINX) is 3.20%, while Northern Stock Index Fund (NOSIX) has a volatility of 6.14%. This indicates that NOINX experiences smaller price fluctuations and is considered to be less risky than NOSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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