PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NRIM vs. NOBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

NRIM vs. NOBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northrim BanCorp, Inc. (NRIM) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
54.38%
6.72%
NRIM
NOBL

Returns By Period

In the year-to-date period, NRIM achieves a 49.67% return, which is significantly higher than NOBL's 12.33% return. Over the past 10 years, NRIM has outperformed NOBL with an annualized return of 15.88%, while NOBL has yielded a comparatively lower 10.05% annualized return.


NRIM

YTD

49.67%

1M

16.09%

6M

54.38%

1Y

81.87%

5Y (annualized)

22.01%

10Y (annualized)

15.88%

NOBL

YTD

12.33%

1M

-2.37%

6M

6.73%

1Y

19.82%

5Y (annualized)

9.69%

10Y (annualized)

10.05%

Key characteristics


NRIMNOBL
Sharpe Ratio1.961.99
Sortino Ratio2.772.79
Omega Ratio1.331.35
Calmar Ratio3.372.90
Martin Ratio7.128.90
Ulcer Index11.18%2.27%
Daily Std Dev40.64%10.19%
Max Drawdown-74.59%-35.43%
Current Drawdown-2.18%-2.37%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.4

The correlation between NRIM and NOBL is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

NRIM vs. NOBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Northrim BanCorp, Inc. (NRIM) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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.


Sharpe ratio
The chart of Sharpe ratio for NRIM, currently valued at 2.01, compared to the broader market-4.00-2.000.002.004.002.011.99
The chart of Sortino ratio for NRIM, currently valued at 2.81, compared to the broader market-4.00-2.000.002.004.002.812.79
The chart of Omega ratio for NRIM, currently valued at 1.34, compared to the broader market0.501.001.502.001.341.35
The chart of Calmar ratio for NRIM, currently valued at 3.45, compared to the broader market0.002.004.006.003.452.90
The chart of Martin ratio for NRIM, currently valued at 7.30, compared to the broader market0.0010.0020.0030.007.308.90
NRIM
NOBL

The current NRIM Sharpe Ratio is 1.96, which is comparable to the NOBL Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of NRIM and NOBL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.01
1.99
NRIM
NOBL

Dividends

NRIM vs. NOBL - Dividend Comparison

NRIM's dividend yield for the trailing twelve months is around 2.95%, more than NOBL's 2.01% yield.


TTM20232022202120202019201820172016201520142013
NRIM
Northrim BanCorp, Inc.
2.95%4.20%3.34%3.45%4.06%3.29%3.10%2.54%2.47%2.78%2.67%2.44%
NOBL
ProShares S&P 500 Dividend Aristocrats ETF
2.01%2.09%1.94%1.89%2.14%1.89%2.37%1.74%2.13%2.02%1.60%0.30%

Drawdowns

NRIM vs. NOBL - Drawdown Comparison

The maximum NRIM drawdown since its inception was -74.59%, which is greater than NOBL's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for NRIM and NOBL. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.18%
-2.37%
NRIM
NOBL

Volatility

NRIM vs. NOBL - Volatility Comparison

Northrim BanCorp, Inc. (NRIM) has a higher volatility of 19.59% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 3.00%. This indicates that NRIM's price experiences larger fluctuations and is considered to be riskier than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.59%
3.00%
NRIM
NOBL