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

Performance

NTBIX vs. KAMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Navigator Tactical Fixed Income Fund (NTBIX) and Kensington Managed Income Fund (KAMIX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
5.13%
4.14%
NTBIX
KAMIX

Returns By Period

In the year-to-date period, NTBIX achieves a 7.65% return, which is significantly higher than KAMIX's 4.34% return.


NTBIX

YTD

7.65%

1M

0.80%

6M

5.13%

1Y

11.14%

5Y (annualized)

4.68%

10Y (annualized)

5.00%

KAMIX

YTD

4.34%

1M

0.71%

6M

4.14%

1Y

7.86%

5Y (annualized)

2.36%

10Y (annualized)

N/A

Key characteristics


NTBIXKAMIX
Sharpe Ratio3.062.33
Sortino Ratio4.703.56
Omega Ratio1.661.49
Calmar Ratio4.420.87
Martin Ratio23.769.49
Ulcer Index0.47%0.83%
Daily Std Dev3.64%3.37%
Max Drawdown-11.44%-10.92%
Current Drawdown-0.20%-1.89%

Compare stocks, funds, or ETFs

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


NTBIX vs. KAMIX - Expense Ratio Comparison

NTBIX has a 0.95% expense ratio, which is lower than KAMIX's 1.36% expense ratio.


KAMIX
Kensington Managed Income Fund
Expense ratio chart for KAMIX: current value at 1.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.36%
Expense ratio chart for NTBIX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Correlation

-0.50.00.51.00.5

The correlation between NTBIX and KAMIX is 0.53, 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

NTBIX vs. KAMIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Navigator Tactical Fixed Income Fund (NTBIX) and Kensington Managed Income Fund (KAMIX). 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 NTBIX, currently valued at 3.06, compared to the broader market-1.000.001.002.003.004.005.003.062.33
The chart of Sortino ratio for NTBIX, currently valued at 4.70, compared to the broader market0.005.0010.004.703.56
The chart of Omega ratio for NTBIX, currently valued at 1.66, compared to the broader market1.002.003.004.001.661.49
The chart of Calmar ratio for NTBIX, currently valued at 4.42, compared to the broader market0.005.0010.0015.0020.0025.004.420.87
The chart of Martin ratio for NTBIX, currently valued at 23.76, compared to the broader market0.0020.0040.0060.0080.00100.0023.769.49
NTBIX
KAMIX

The current NTBIX Sharpe Ratio is 3.06, which is higher than the KAMIX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of NTBIX and KAMIX, 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 Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.06
2.33
NTBIX
KAMIX

Dividends

NTBIX vs. KAMIX - Dividend Comparison

NTBIX's dividend yield for the trailing twelve months is around 5.79%, more than KAMIX's 4.81% yield.


TTM2023202220212020201920182017201620152014
NTBIX
Navigator Tactical Fixed Income Fund
5.79%5.49%2.37%2.03%1.34%2.33%2.92%5.15%3.68%2.62%2.17%
KAMIX
Kensington Managed Income Fund
4.81%4.15%0.75%2.51%2.01%1.07%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NTBIX vs. KAMIX - Drawdown Comparison

The maximum NTBIX drawdown since its inception was -11.44%, roughly equal to the maximum KAMIX drawdown of -10.92%. Use the drawdown chart below to compare losses from any high point for NTBIX and KAMIX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.20%
-1.89%
NTBIX
KAMIX

Volatility

NTBIX vs. KAMIX - Volatility Comparison

The current volatility for Navigator Tactical Fixed Income Fund (NTBIX) is 0.69%, while Kensington Managed Income Fund (KAMIX) has a volatility of 0.76%. This indicates that NTBIX experiences smaller price fluctuations and is considered to be less risky than KAMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%JuneJulyAugustSeptemberOctoberNovember
0.69%
0.76%
NTBIX
KAMIX