Correlation
The correlation between NSEIX and PRWAX is 0.85, 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.
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.
Performance
NSEIX vs. PRWAX - Performance Comparison
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Key characteristics
NSEIX:
0.44
PRWAX:
0.63
NSEIX:
0.65
PRWAX:
0.87
NSEIX:
1.09
PRWAX:
1.12
NSEIX:
0.39
PRWAX:
0.55
NSEIX:
1.43
PRWAX:
2.02
NSEIX:
4.00%
PRWAX:
5.17%
NSEIX:
14.57%
PRWAX:
19.39%
NSEIX:
-48.11%
PRWAX:
-55.06%
NSEIX:
-4.51%
PRWAX:
-3.78%
Returns By Period
In the year-to-date period, NSEIX achieves a 0.71% return, which is significantly lower than PRWAX's 1.35% return. Over the past 10 years, NSEIX has underperformed PRWAX with an annualized return of 8.23%, while PRWAX has yielded a comparatively higher 15.49% annualized return.
NSEIX
0.71%
3.48%
-4.51%
4.87%
5.76%
10.80%
8.23%
PRWAX
1.35%
4.88%
-1.80%
11.51%
15.69%
16.05%
15.49%
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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 Rank
NSEIX
PRWAX
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.
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Dividends
NSEIX vs. PRWAX - Dividend Comparison
NSEIX's dividend yield for the trailing twelve months is around 6.08%, less than PRWAX's 9.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NSEIX Nicholas Equity Income Fund | 6.08% | 4.03% | 4.28% | 3.92% | 11.53% | 4.90% | 13.05% | 17.55% | 6.83% | 3.85% | 7.26% | 5.82% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 9.10% | 9.22% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% | 14.73% |
Drawdowns
NSEIX vs. PRWAX - Drawdown Comparison
The maximum NSEIX drawdown since its inception was -48.11%, smaller than the maximum PRWAX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for NSEIX and PRWAX.
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Volatility
NSEIX vs. PRWAX - Volatility Comparison
Nicholas Equity Income Fund (NSEIX) has a higher volatility of 4.48% compared to T. Rowe Price All-Cap Opportunities Fund (PRWAX) at 4.16%. This indicates that NSEIX's price experiences larger fluctuations and is considered to be riskier than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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