NSRIX vs. FDEV
Compare and contrast key facts about Northern Global Sustainability Index Fund (NSRIX) and Fidelity International Multifactor ETF (FDEV).
NSRIX is managed by Northern Funds. It was launched on Mar 4, 2008. FDEV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Targeted International Factor Index. It was launched on Feb 26, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NSRIX or FDEV.
Correlation
The correlation between NSRIX and FDEV is 0.82, 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
NSRIX vs. FDEV - Performance Comparison
Key characteristics
NSRIX:
0.93
FDEV:
0.68
NSRIX:
1.25
FDEV:
1.03
NSRIX:
1.20
FDEV:
1.12
NSRIX:
1.41
FDEV:
0.89
NSRIX:
5.92
FDEV:
2.80
NSRIX:
2.25%
FDEV:
2.68%
NSRIX:
14.33%
FDEV:
10.96%
NSRIX:
-55.30%
FDEV:
-30.11%
NSRIX:
-9.46%
FDEV:
-8.42%
Returns By Period
In the year-to-date period, NSRIX achieves a 11.01% return, which is significantly higher than FDEV's 5.07% return.
NSRIX
11.01%
-6.74%
-1.77%
11.94%
10.13%
9.36%
FDEV
5.07%
-2.13%
1.38%
5.81%
3.10%
N/A
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NSRIX vs. FDEV - Expense Ratio Comparison
NSRIX has a 0.29% expense ratio, which is lower than FDEV's 0.39% expense ratio.
Risk-Adjusted Performance
NSRIX vs. FDEV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Global Sustainability Index Fund (NSRIX) and Fidelity International Multifactor ETF (FDEV). 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
NSRIX vs. FDEV - Dividend Comparison
NSRIX has not paid dividends to shareholders, while FDEV's dividend yield for the trailing twelve months is around 3.01%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NSRIX Northern Global Sustainability Index Fund | 0.00% | 1.57% | 1.55% | 1.32% | 1.62% | 1.90% | 2.10% | 1.88% | 2.27% | 1.95% | 2.22% | 1.78% |
FDEV Fidelity International Multifactor ETF | 3.01% | 2.80% | 2.65% | 2.81% | 1.88% | 2.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NSRIX vs. FDEV - Drawdown Comparison
The maximum NSRIX drawdown since its inception was -55.30%, which is greater than FDEV's maximum drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for NSRIX and FDEV. For additional features, visit the drawdowns tool.
Volatility
NSRIX vs. FDEV - Volatility Comparison
Northern Global Sustainability Index Fund (NSRIX) has a higher volatility of 6.65% compared to Fidelity International Multifactor ETF (FDEV) at 3.38%. This indicates that NSRIX's price experiences larger fluctuations and is considered to be riskier than FDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.