NSRIX vs. UCEQX

Last updated Jun 4, 2026

NSRIX (Northern Global Sustainability Index Fund) and UCEQX (USAA Cornerstone Equity Fund) are both Global Equities funds. Over the past 10 years, NSRIX returned 12.98%/yr vs 11.66%/yr for UCEQX. Their correlation of 0.95 suggests significant overlap in exposure. NSRIX charges 0.29%/yr vs 0.09%/yr for UCEQX.

Performance

NSRIX vs. UCEQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Global Sustainability Index Fund (NSRIX) and USAA Cornerstone Equity Fund (UCEQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NSRIX achieves a 9.87% return, which is significantly lower than UCEQX's 14.50% return. Over the past 10 years, NSRIX has outperformed UCEQX with an annualized return of 12.98%, while UCEQX has yielded a comparatively lower 11.66% annualized return.

NSRIX

• 1D: -0.21%
• 1M: 5.16%
• YTD: 9.87%
• 6M: 11.04%
• 1Y: 26.66%
• 3Y*: 20.24%
• 5Y*: 11.89%
• 10Y*: 12.98%

UCEQX

• 1D: 0.26%
• 1M: 6.13%
• YTD: 14.50%
• 6M: 15.24%
• 1Y: 31.69%
• 3Y*: 21.67%
• 5Y*: 11.30%
• 10Y*: 11.66%

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

NSRIX vs. UCEQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NSRIX Northern Global Sustainability Index Fund	9.87%	21.03%	17.02%	25.44%	-19.45%	24.60%	15.49%	28.29%	-7.65%	21.21%
UCEQX USAA Cornerstone Equity Fund	14.50%	23.71%	14.50%	19.36%	-16.25%	19.68%	10.76%	22.49%	-12.06%	22.59%

Correlation

The correlation between NSRIX and UCEQX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 14, 2012	0.95

The correlation between NSRIX and UCEQX shifts across timeframes, from 0.79 (1 year) to 0.95 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NSRIX vs. UCEQX — Risk / Return Rank

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

NSRIX

NSRIX Risk / Return Rank: 53
NSRIX Sharpe Ratio Rank: 54
NSRIX Sortino Ratio Rank: 53
NSRIX Omega Ratio Rank: 51
NSRIX Calmar Ratio Rank: 49
NSRIX Martin Ratio Rank: 59

UCEQX

UCEQX Risk / Return Rank: 79
UCEQX Sharpe Ratio Rank: 81
UCEQX Sortino Ratio Rank: 75
UCEQX Omega Ratio Rank: 73
UCEQX Calmar Ratio Rank: 80
UCEQX Martin Ratio Rank: 85

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.

NSRIX vs. UCEQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Global Sustainability Index Fund (NSRIX) and USAA Cornerstone Equity Fund (UCEQX). 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.

	NSRIX	UCEQX	Difference
Sharpe ratio: Return per unit of total volatility	2.16	2.64	-0.48
Sortino ratio: Return per unit of downside risk	3.08	3.63	-0.54
Omega ratio: Gain probability vs. loss probability	1.39	1.48	-0.09
Calmar ratio: Return relative to maximum drawdown	2.67	3.61	-0.94
Martin ratio: Return relative to average drawdown	11.81	16.19	-4.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NSRIX vs. UCEQX - Sharpe Ratio Comparison

The current NSRIX Sharpe Ratio is 2.16, which is comparable to the UCEQX Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of NSRIX and UCEQX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NSRIX	UCEQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	2.64	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.74	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.71	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.70	-0.24

Drawdowns

NSRIX vs. UCEQX - Drawdown Comparison

The maximum NSRIX drawdown since its inception was -55.30%, which is greater than UCEQX's maximum drawdown of -35.33%. Use the drawdown chart below to compare losses from any high point for NSRIX and UCEQX.

Drawdown Indicators

	NSRIX	UCEQX	Difference
Max Drawdown Largest peak-to-trough decline	-55.30%	-35.33%	-19.97%
Max Drawdown (1Y) Largest decline over 1 year	-10.36%	-8.96%	-1.40%
Max Drawdown (3Y) Largest decline over 3 years	-17.58%	-15.64%	-1.94%
Max Drawdown (5Y) Largest decline over 5 years	-27.86%	-25.24%	-2.62%
Max Drawdown (10Y) Largest decline over 10 years	-33.66%	-35.33%	+1.67%
Current Drawdown Current decline from peak	-0.21%	0.00%	-0.21%
Average Drawdown Average peak-to-trough decline	-8.45%	-4.87%	-3.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	1.99%	+0.33%

Volatility

NSRIX vs. UCEQX - Volatility Comparison

Northern Global Sustainability Index Fund (NSRIX) and USAA Cornerstone Equity Fund (UCEQX) have volatilities of 3.69% and 3.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NSRIX	UCEQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	3.67%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	9.71%	+0.24%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	12.25%	+0.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.46%	15.27%	+1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.13%	16.50%	+0.63%

NSRIX vs. UCEQX - Expense Ratio Comparison

NSRIX has a 0.29% expense ratio, which is higher than UCEQX's 0.09% expense ratio.

Dividends

NSRIX vs. UCEQX - Dividend Comparison

NSRIX's dividend yield for the trailing twelve months is around 5.15%, more than UCEQX's 4.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NSRIX Northern Global Sustainability Index Fund	5.15%	5.66%	5.55%	1.57%	1.90%	5.26%	1.62%	2.70%	3.46%	3.14%	3.46%	3.79%
UCEQX USAA Cornerstone Equity Fund	4.43%	5.08%	2.56%	5.10%	6.80%	4.61%	8.25%	4.79%	6.73%	1.91%	3.16%	3.63%

Frequently Asked Questions

Can I hold both NSRIX and UCEQX in my portfolio?

NSRIX and UCEQX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NSRIX or UCEQX?

NSRIX has higher volatility (3.69%) compared to UCEQX (3.67%). In terms of maximum drawdown, NSRIX dropped -55.30% vs UCEQX's -35.33%.

Which has better risk-adjusted returns?

UCEQX currently has the higher Sharpe Ratio (2.64 vs 2.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.