NTIIX vs. NUSIX

Last updated Jun 23, 2026

NTIIX (Navigator Tactical Investment Grade Bond Fund) and NUSIX (Navigator Ultra Short Term Bond Fund) are both mutual funds - NTIIX is a Nontraditional Bonds fund managed by Navigator Funds, while NUSIX is a Ultrashort Bond fund managed by Navigator Funds. Over the past 3 years, NTIIX returned 3.49%/yr vs 5.01%/yr for NUSIX. At a 0.13 correlation, their price movements are largely independent. NTIIX charges 1.01%/yr vs 0.71%/yr for NUSIX.

Performance

NTIIX vs. NUSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Navigator Tactical Investment Grade Bond Fund (NTIIX) and Navigator Ultra Short Term Bond Fund (NUSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NTIIX achieves a -0.88% return, which is significantly lower than NUSIX's 1.66% return.

NTIIX

• 1D: 0.00%
• 1M: 0.12%
• YTD: -0.88%
• 6M: -0.66%
• 1Y: 3.23%
• 3Y*: 3.49%
• 5Y*: —
• 10Y*: —

NUSIX

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.66%
• 6M: 1.76%
• 1Y: 4.16%
• 3Y*: 5.01%
• 5Y*: 3.70%
• 10Y*: —

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

NTIIX vs. NUSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NTIIX Navigator Tactical Investment Grade Bond Fund	-0.88%	2.16%	-0.85%	9.79%	-6.51%	-2.29%
NUSIX Navigator Ultra Short Term Bond Fund	1.66%	4.63%	5.54%	5.64%	1.14%	-0.08%

Correlation

The correlation between NTIIX and NUSIX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Aug 31, 2021	0.13

Return for Risk

NTIIX vs. NUSIX — Risk / Return Rank

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

NTIIX

NTIIX Risk / Return Rank: 12
NTIIX Sharpe Ratio Rank: 12
NTIIX Sortino Ratio Rank: 12
NTIIX Omega Ratio Rank: 14
NTIIX Calmar Ratio Rank: 11
NTIIX Martin Ratio Rank: 9

NUSIX

NUSIX Risk / Return Rank: 100
NUSIX Sharpe Ratio Rank: 100
NUSIX Sortino Ratio Rank: 100
NUSIX Omega Ratio Rank: 100
NUSIX Calmar Ratio Rank: 100
NUSIX Martin Ratio Rank: 100

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.

NTIIX vs. NUSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Navigator Tactical Investment Grade Bond Fund (NTIIX) and Navigator Ultra Short Term Bond Fund (NUSIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NTIIX	NUSIX	Difference
Sharpe ratio: Return per unit of total volatility	0.89	6.80	-5.91
Sortino ratio: Return per unit of downside risk	1.31	28.33	-27.02
Omega ratio: Gain probability vs. loss probability	1.18	18.48	-17.29
Calmar ratio: Return relative to maximum drawdown	1.00	42.21	-41.21
Martin ratio: Return relative to average drawdown	2.32	329.78	-327.46

NTIIX vs. NUSIX - Sharpe Ratio Comparison

The current NTIIX Sharpe Ratio is 0.89, which is lower than the NUSIX Sharpe Ratio of 6.80. The chart below compares the historical Sharpe Ratios of NTIIX and NUSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NTIIX vs. NUSIX - Drawdown Comparison

The maximum NTIIX drawdown since its inception was -12.35%, which is greater than NUSIX's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for NTIIX and NUSIX.

Drawdown Indicators

	NTIIX	NUSIX	Difference
Max Drawdown Largest peak-to-trough decline	-12.35%	-2.69%	-9.66%
Max Drawdown (1Y) Largest decline over 1 year	-3.35%	-0.10%	-3.25%
Max Drawdown (3Y) Largest decline over 3 years	-8.52%	-0.10%	-8.42%
Max Drawdown (5Y) Largest decline over 5 years	—	-0.80%	—
Current Drawdown Current decline from peak	-3.48%	0.00%	-3.48%
Average Drawdown Average peak-to-trough decline	-5.14%	-0.08%	-5.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	0.01%	+1.43%

Volatility

NTIIX vs. NUSIX - Volatility Comparison

Navigator Tactical Investment Grade Bond Fund (NTIIX) and Navigator Ultra Short Term Bond Fund (NUSIX) have volatilities of 0.16% and 0.16%, 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

	NTIIX	NUSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.16%	0.16%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.44%	0.42%	+2.02%
Volatility (1Y) Calculated over the trailing 1-year period	3.78%	0.61%	+3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.96%	0.77%	+4.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.96%	0.83%	+4.13%

NTIIX vs. NUSIX - Expense Ratio Comparison

NTIIX has a 1.01% expense ratio, which is higher than NUSIX's 0.71% expense ratio.

Dividends

NTIIX vs. NUSIX - Dividend Comparison

NTIIX's dividend yield for the trailing twelve months is around 4.27%, more than NUSIX's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
NTIIX Navigator Tactical Investment Grade Bond Fund	4.27%	4.07%	4.24%	3.85%	1.63%	0.22%	0.00%	0.00%
NUSIX Navigator Ultra Short Term Bond Fund	4.16%	4.25%	5.23%	4.92%	1.74%	0.66%	1.08%	1.99%

Frequently Asked Questions

Can I hold both NTIIX and NUSIX in my portfolio?

NTIIX and NUSIX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NTIIX or NUSIX?

NUSIX has higher volatility (0.16%) compared to NTIIX (0.16%). In terms of maximum drawdown, NTIIX dropped -12.35% vs NUSIX's -2.69%.

Which has better risk-adjusted returns?

NUSIX currently has the higher Sharpe Ratio (6.80 vs 0.89), 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.