NOMIX vs. NUESX
NOMIX (Northern Mid Cap Index Fund) and NUESX (Northern U.S. Quality ESG Fund) are both mutual funds - NOMIX is a Mid Cap Blend Equities fund managed by Northern Trust, while NUESX is a Quality Factor fund managed by Northern Trust. Over the past 5 years, NOMIX returned 8.27%/yr vs 10.67%/yr for NUESX. Their correlation of 0.86 means they have usually moved in the same direction. NOMIX charges 0.10%/yr vs 0.39%/yr for NUESX.
Performance
NOMIX vs. NUESX - Performance Comparison
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Returns By Period
In the year-to-date period, NOMIX achieves a 14.71% return, which is significantly higher than NUESX's 8.00% return.
NOMIX
- 1D
- 0.80%
- 1M
- -1.00%
- 6M
- 10.26%
- YTD
- 14.71%
- 1Y
- 21.10%
- 3Y*
- 12.84%
- 5Y*
- 8.27%
- 10Y*
- 10.75%
- ALL TIME*
- 9.95%
NUESX
- 1D
- 1.44%
- 1M
- 0.17%
- 6M
- 7.01%
- YTD
- 8.00%
- 1Y
- 17.04%
- 3Y*
- 16.34%
- 5Y*
- 10.67%
- 10Y*
- —
- ALL TIME*
- 14.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
NOMIX vs. NUESX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NOMIX Northern Mid Cap Index Fund | 14.71% | 7.45% | 13.41% | 16.43% | -13.42% | 24.47% | 13.59% | 25.94% | -8.62% |
NUESX Northern U.S. Quality ESG Fund | 8.00% | 15.33% | 20.67% | 25.22% | -18.85% | 31.26% | 20.20% | 31.40% | -4.71% |
Correlation
The correlation between NOMIX and NUESX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2018 | 0.86 |
The correlation between NOMIX and NUESX shifts across timeframes, from 0.76 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NOMIX vs. NUESX — Risk / Return Rank
NOMIX
NUESX
NOMIX vs. NUESX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Mid Cap Index Fund (NOMIX) and Northern U.S. Quality ESG Fund (NUESX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NOMIX | NUESX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.23 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 1.71 | +0.47 |
| Martin ratioReturn relative to average drawdown | 7.89 | 7.34 | +0.54 |
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Drawdowns
NOMIX vs. NUESX - Drawdown Comparison
The maximum NOMIX drawdown since its inception was -55.44%, which is greater than NUESX's maximum drawdown of -33.33%. Use the drawdown chart below to compare losses from any high point for NOMIX and NUESX.
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Drawdown Indicators
| NOMIX | NUESX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.44% | -33.33% | -22.11% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -9.63% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -24.34% | -19.41% | -4.93% |
Max Drawdown (5Y)Largest decline over 5 years | -27.65% | -24.96% | -2.69% |
Max Drawdown (10Y)Largest decline over 10 years | -42.03% | — | — |
Current DrawdownCurrent decline from peak | -2.21% | -1.19% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -7.87% | -5.15% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 2.23% | +0.22% |
Volatility
NOMIX vs. NUESX - Volatility Comparison
Northern Mid Cap Index Fund (NOMIX) has a higher volatility of 3.48% compared to Northern U.S. Quality ESG Fund (NUESX) at 3.31%. This indicates that NOMIX's price experiences larger fluctuations and is considered to be riskier than NUESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOMIX | NUESX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 3.31% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 10.00% | +2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.77% | 13.09% | +3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.23% | 17.51% | +3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 19.54% | +2.22% |
NOMIX vs. NUESX - Expense Ratio Comparison
NOMIX has a 0.10% expense ratio, which is lower than NUESX's 0.39% expense ratio.
Dividends
NOMIX vs. NUESX - Dividend Comparison
NOMIX's dividend yield for the trailing twelve months is around 6.04%, less than NUESX's 11.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOMIX Northern Mid Cap Index Fund | 6.04% | 6.93% | 9.67% | 8.01% | 10.43% | 10.30% | 4.80% | 2.21% | 9.23% | 7.46% | 6.46% | 8.25% |
NUESX Northern U.S. Quality ESG Fund | 11.54% | 12.68% | 1.50% | 1.54% | 3.71% | 5.97% | 1.60% | 1.62% | 2.44% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NOMIX and NUESX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOMIX has higher volatility (3.48%) compared to NUESX (3.31%). In terms of maximum drawdown, NOMIX dropped -55.44% vs NUESX's -33.33%.
NUESX currently has the higher Sharpe Ratio (1.26 vs 1.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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