NQCFX vs. ONERX

Last updated Apr 2, 2026

Compare and contrast key facts about Northquest Capital Fund (NQCFX) and One Rock Fund (ONERX).

NQCFX is managed by Northquest Capital Fund Inc. It was launched on Jan 15, 2002. ONERX is managed by Wrona Investment Management. It was launched on Mar 6, 2020.

Performance

NQCFX vs. ONERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northquest Capital Fund (NQCFX) and One Rock Fund (ONERX). The values are adjusted to include any dividend payments, if applicable.

NQCFX vs. ONERX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
NQCFX Northquest Capital Fund	-1.16%	10.85%	7.08%	27.28%	-26.10%	32.62%	42.04%
ONERX One Rock Fund	-1.48%	49.37%	21.76%	72.41%	-42.06%	45.70%	104.46%

Returns By Period

In the year-to-date period, NQCFX achieves a -1.16% return, which is significantly higher than ONERX's -1.48% return.

NQCFX

• 1D: 3.86%
• 1M: -5.93%
• YTD: -1.16%
• 6M: -3.19%
• 1Y: 10.72%
• 3Y*: 11.32%
• 5Y*: 7.15%
• 10Y*: 9.49%

ONERX

• 1D: 7.72%
• 1M: -7.71%
• YTD: -1.48%
• 6M: -2.85%
• 1Y: 79.18%
• 3Y*: 35.95%
• 5Y*: 20.20%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NQCFX vs. ONERX - Expense Ratio Comparison

NQCFX has a 1.47% expense ratio, which is lower than ONERX's 1.75% expense ratio.

ONERX

One Rock Fund

NQCFX

Northquest Capital Fund

Return for Risk

NQCFX vs. ONERX — Risk / Return Rank

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

NQCFX

NQCFX Risk / Return Rank: 20
NQCFX Sharpe Ratio Rank: 16
NQCFX Sortino Ratio Rank: 17
NQCFX Omega Ratio Rank: 15
NQCFX Calmar Ratio Rank: 26
NQCFX Martin Ratio Rank: 25

ONERX

ONERX Risk / Return Rank: 91
ONERX Sharpe Ratio Rank: 91
ONERX Sortino Ratio Rank: 87
ONERX Omega Ratio Rank: 83
ONERX Calmar Ratio Rank: 98
ONERX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NQCFX vs. ONERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northquest Capital Fund (NQCFX) and One Rock Fund (ONERX). 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.

	NQCFX	ONERX	Difference
Sharpe ratio Return per unit of total volatility	0.54	1.96	-1.42
Sortino ratio Return per unit of downside risk	0.91	2.42	-1.50
Omega ratio Gain probability vs. loss probability	1.12	1.34	-0.22
Calmar ratio Return relative to maximum drawdown	0.97	4.49	-3.52
Martin ratio Return relative to average drawdown	3.44	15.11	-11.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NQCFX vs. ONERX - Sharpe Ratio Comparison

The current NQCFX Sharpe Ratio is 0.54, which is lower than the ONERX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of NQCFX and ONERX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NQCFX	ONERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	1.96	-1.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	0.02	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.04	-0.03

Correlation

The correlation between NQCFX and ONERX 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.

Dividends

NQCFX vs. ONERX - Dividend Comparison

NQCFX's dividend yield for the trailing twelve months is around 1.55%, less than ONERX's 24.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NQCFX Northquest Capital Fund	1.55%	1.53%	0.00%	0.97%	1.13%	6.41%	11.55%	3.07%	6.04%	0.00%	0.00%	3.42%
ONERX One Rock Fund	24.48%	24.12%	0.00%	0.00%	10.57%	28.88%	18.66%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

NQCFX vs. ONERX - Drawdown Comparison

The maximum NQCFX drawdown since its inception was -97.46%, roughly equal to the maximum ONERX drawdown of -96.43%. Use the drawdown chart below to compare losses from any high point for NQCFX and ONERX.

Drawdown Indicators

	NQCFX	ONERX	Difference
Max Drawdown Largest peak-to-trough decline	-97.46%	-96.43%	-1.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.53%	-17.63%	+5.10%
Max Drawdown (5Y) Largest decline over 5 years	-97.46%	-96.43%	-1.03%
Max Drawdown (10Y) Largest decline over 10 years	-97.46%	—	—
Current Drawdown Current decline from peak	-96.81%	-92.58%	-4.23%
Average Drawdown Average peak-to-trough decline	-13.77%	-30.62%	+16.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	5.24%	-1.72%

Volatility

NQCFX vs. ONERX - Volatility Comparison

The current volatility for Northquest Capital Fund (NQCFX) is 7.59%, while One Rock Fund (ONERX) has a volatility of 18.51%. This indicates that NQCFX experiences smaller price fluctuations and is considered to be less risky than ONERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NQCFX	ONERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.59%	18.51%	-10.92%
Volatility (6M) Calculated over the trailing 6-month period	12.84%	31.07%	-18.23%
Volatility (1Y) Calculated over the trailing 1-year period	20.50%	41.95%	-21.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1,578.46%	821.63%	+756.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,116.21%	747.39%	+368.82%