NSEIX vs. PRWAX
Compare and contrast key facts about Nicholas Equity Income Fund (NSEIX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
NSEIX is managed by Nicholas. It was launched on Nov 23, 1993. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NSEIX or PRWAX.
Key characteristics
| NSEIX | PRWAX | |
|---|---|---|
| YTD Return | 12.96% | 22.82% |
| 1Y Return | 20.29% | 33.10% |
| 3Y Return (Ann) | 7.30% | 9.20% |
| 5Y Return (Ann) | 10.38% | 19.02% |
| 10Y Return (Ann) | 9.31% | 16.47% |
| Sharpe Ratio | 2.00 | 2.40 |
| Daily Std Dev | 9.98% | 13.31% |
| Max Drawdown | -48.11% | -57.72% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between NSEIX and PRWAX is 0.79, 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
NSEIX vs. PRWAX - Performance Comparison
In the year-to-date period, NSEIX achieves a 12.96% return, which is significantly lower than PRWAX's 22.82% return. Over the past 10 years, NSEIX has underperformed PRWAX with an annualized return of 9.31%, while PRWAX has yielded a comparatively higher 16.47% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NSEIX vs. PRWAX - Expense Ratio Comparison
NSEIX has a 0.70% expense ratio, which is lower than PRWAX's 0.76% expense ratio.
Risk-Adjusted Performance
NSEIX vs. PRWAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Equity Income Fund (NSEIX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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.
Dividends
NSEIX vs. PRWAX - Dividend Comparison
NSEIX's dividend yield for the trailing twelve months is around 3.52%, less than PRWAX's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NSEIX Nicholas Equity Income Fund | 3.52% | 4.28% | 3.92% | 11.53% | 4.90% | 13.05% | 17.55% | 6.83% | 3.85% | 7.26% | 5.82% | 6.16% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 4.15% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% | 14.73% | 11.52% |
Drawdowns
NSEIX vs. PRWAX - Drawdown Comparison
The maximum NSEIX drawdown since its inception was -48.11%, smaller than the maximum PRWAX drawdown of -57.72%. Use the drawdown chart below to compare losses from any high point for NSEIX and PRWAX. For additional features, visit the drawdowns tool.
Volatility
NSEIX vs. PRWAX - Volatility Comparison
The current volatility for Nicholas Equity Income Fund (NSEIX) is 2.64%, while T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a volatility of 4.24%. This indicates that NSEIX experiences smaller price fluctuations and is considered to be less risky than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.