NOMIX vs. NOBOX
Compare and contrast key facts about Northern Mid Cap Index Fund (NOMIX) and Northern Bond Index Fund (NOBOX).
NOMIX is managed by Northern Funds. It was launched on Mar 22, 2005. NOBOX is managed by Northern Funds. It was launched on Feb 27, 2007.
Performance
NOMIX vs. NOBOX - Performance Comparison
Loading graphics...
NOMIX vs. NOBOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOMIX Northern Mid Cap Index Fund | -0.38% | 7.45% | 13.41% | 16.43% | -13.42% | 24.47% | 13.59% | 25.94% | -11.31% | 16.06% |
NOBOX Northern Bond Index Fund | -0.24% | 6.14% | 0.82% | 4.86% | -13.84% | -2.10% | 7.20% | 8.73% | -0.17% | 3.60% |
Returns By Period
In the year-to-date period, NOMIX achieves a -0.38% return, which is significantly lower than NOBOX's -0.24% return. Over the past 10 years, NOMIX has outperformed NOBOX with an annualized return of 10.00%, while NOBOX has yielded a comparatively lower 1.21% annualized return.
NOMIX
- 1D
- -0.81%
- 1M
- -8.03%
- YTD
- -0.38%
- 6M
- 1.27%
- 1Y
- 13.98%
- 3Y*
- 10.85%
- 5Y*
- 6.06%
- 10Y*
- 10.00%
NOBOX
- 1D
- 0.44%
- 1M
- -2.03%
- YTD
- -0.24%
- 6M
- 0.78%
- 1Y
- 4.05%
- 3Y*
- 2.81%
- 5Y*
- -0.46%
- 10Y*
- 1.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NOMIX vs. NOBOX - Expense Ratio Comparison
NOMIX has a 0.10% expense ratio, which is higher than NOBOX's 0.07% 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%.
Return for Risk
NOMIX vs. NOBOX — Risk / Return Rank
NOMIX
NOBOX
NOMIX vs. NOBOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Mid Cap Index Fund (NOMIX) and Northern Bond Index Fund (NOBOX). 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.
| NOMIX | NOBOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 0.94 | -0.31 |
Sortino ratioReturn per unit of downside risk | 1.07 | 1.40 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.17 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.69 | 1.61 | -0.91 |
Martin ratioReturn relative to average drawdown | 2.97 | 4.70 | -1.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NOMIX | NOBOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.94 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | -0.08 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.24 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.59 | -0.17 |
Correlation
The correlation between NOMIX and NOBOX is -0.18. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
NOMIX vs. NOBOX - Dividend Comparison
NOMIX's dividend yield for the trailing twelve months is around 6.96%, more than NOBOX's 3.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOMIX Northern Mid Cap Index Fund | 6.96% | 6.93% | 9.67% | 8.01% | 10.43% | 10.30% | 4.80% | 2.21% | 9.23% | 7.46% | 6.46% | 8.25% |
NOBOX Northern Bond Index Fund | 3.98% | 2.88% | 3.46% | 2.63% | 1.53% | 2.10% | 3.12% | 3.18% | 2.80% | 2.77% | 2.45% | 2.61% |
Drawdowns
NOMIX vs. NOBOX - Drawdown Comparison
The maximum NOMIX drawdown since its inception was -55.44%, which is greater than NOBOX's maximum drawdown of -20.03%. Use the drawdown chart below to compare losses from any high point for NOMIX and NOBOX.
Loading graphics...
Drawdown Indicators
| NOMIX | NOBOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.44% | -20.03% | -35.41% |
Max Drawdown (1Y)Largest decline over 1 year | -14.11% | -2.80% | -11.31% |
Max Drawdown (5Y)Largest decline over 5 years | -27.65% | -19.15% | -8.50% |
Max Drawdown (10Y)Largest decline over 10 years | -42.03% | -20.03% | -22.00% |
Current DrawdownCurrent decline from peak | -8.84% | -6.19% | -2.65% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -3.52% | -4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 0.96% | +2.51% |
Volatility
NOMIX vs. NOBOX - Volatility Comparison
Northern Mid Cap Index Fund (NOMIX) has a higher volatility of 5.77% compared to Northern Bond Index Fund (NOBOX) at 1.62%. This indicates that NOMIX's price experiences larger fluctuations and is considered to be riskier than NOBOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NOMIX | NOBOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 1.62% | +4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 13.07% | 2.87% | +10.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.97% | 4.60% | +18.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.26% | 6.07% | +15.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 5.01% | +16.75% |