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SASMX vs. NCLEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SASMX vs. NCLEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Small Cap Growth Fund (SASMX) and Nicholas Limited Edition Fund (NCLEX). The values are adjusted to include any dividend payments, if applicable.

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SASMX vs. NCLEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SASMX
ClearBridge Small Cap Growth Fund
-1.34%9.52%12.95%8.64%-28.82%12.11%43.54%25.31%3.77%24.98%
NCLEX
Nicholas Limited Edition Fund
-13.00%-10.41%11.91%17.17%-23.71%19.07%22.67%27.36%-0.94%19.93%

Returns By Period

In the year-to-date period, SASMX achieves a -1.34% return, which is significantly higher than NCLEX's -13.00% return. Over the past 10 years, SASMX has outperformed NCLEX with an annualized return of 11.02%, while NCLEX has yielded a comparatively lower 6.82% annualized return.


SASMX

1D
4.48%
1M
-7.51%
YTD
-1.34%
6M
-3.15%
1Y
16.75%
3Y*
7.58%
5Y*
-0.12%
10Y*
11.02%

NCLEX

1D
1.71%
1M
-8.10%
YTD
-13.00%
6M
-15.05%
1Y
-16.29%
3Y*
-1.57%
5Y*
-2.35%
10Y*
6.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SASMX vs. NCLEX - Expense Ratio Comparison

SASMX has a 1.16% expense ratio, which is higher than NCLEX's 0.85% expense ratio.


Return for Risk

SASMX vs. NCLEX — Risk / Return Rank

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

SASMX
SASMX Risk / Return Rank: 2929
Overall Rank
SASMX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
SASMX Sortino Ratio Rank: 2828
Sortino Ratio Rank
SASMX Omega Ratio Rank: 2424
Omega Ratio Rank
SASMX Calmar Ratio Rank: 3838
Calmar Ratio Rank
SASMX Martin Ratio Rank: 3131
Martin Ratio Rank

NCLEX
NCLEX Risk / Return Rank: 00
Overall Rank
NCLEX Sharpe Ratio Rank: 11
Sharpe Ratio Rank
NCLEX Sortino Ratio Rank: 00
Sortino Ratio Rank
NCLEX Omega Ratio Rank: 11
Omega Ratio Rank
NCLEX Calmar Ratio Rank: 00
Calmar Ratio Rank
NCLEX Martin Ratio Rank: 00
Martin Ratio Rank
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.

SASMX vs. NCLEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Small Cap Growth Fund (SASMX) and Nicholas Limited Edition Fund (NCLEX). 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.


SASMXNCLEXDifference

Sharpe ratio

Return per unit of total volatility

0.69

-0.79

+1.48

Sortino ratio

Return per unit of downside risk

1.12

-1.07

+2.19

Omega ratio

Gain probability vs. loss probability

1.15

0.88

+0.27

Calmar ratio

Return relative to maximum drawdown

1.13

-0.73

+1.86

Martin ratio

Return relative to average drawdown

3.74

-1.99

+5.73

SASMX vs. NCLEX - Sharpe Ratio Comparison

The current SASMX Sharpe Ratio is 0.69, which is higher than the NCLEX Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of SASMX and NCLEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SASMXNCLEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.69

-0.79

+1.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.01

-0.12

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.36

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.50

-0.10

Correlation

The correlation between SASMX and NCLEX is 0.90, 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.


Dividends

SASMX vs. NCLEX - Dividend Comparison

SASMX's dividend yield for the trailing twelve months is around 20.58%, more than NCLEX's 8.66% yield.


TTM20252024202320222021202020192018201720162015
SASMX
ClearBridge Small Cap Growth Fund
20.58%20.31%17.01%0.43%0.00%11.84%7.04%7.62%15.70%3.55%3.01%1.26%
NCLEX
Nicholas Limited Edition Fund
8.66%7.53%2.51%2.43%6.22%16.44%5.10%5.66%10.72%7.97%10.68%8.05%

Drawdowns

SASMX vs. NCLEX - Drawdown Comparison

The maximum SASMX drawdown since its inception was -54.81%, which is greater than NCLEX's maximum drawdown of -48.68%. Use the drawdown chart below to compare losses from any high point for SASMX and NCLEX.


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Drawdown Indicators


SASMXNCLEXDifference

Max Drawdown

Largest peak-to-trough decline

-54.81%

-48.68%

-6.13%

Max Drawdown (1Y)

Largest decline over 1 year

-13.92%

-21.36%

+7.44%

Max Drawdown (5Y)

Largest decline over 5 years

-42.19%

-28.50%

-13.69%

Max Drawdown (10Y)

Largest decline over 10 years

-42.19%

-35.79%

-6.40%

Current Drawdown

Current decline from peak

-12.89%

-27.21%

+14.32%

Average Drawdown

Average peak-to-trough decline

-14.15%

-8.21%

-5.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.21%

7.84%

-3.63%

Volatility

SASMX vs. NCLEX - Volatility Comparison

ClearBridge Small Cap Growth Fund (SASMX) has a higher volatility of 9.43% compared to Nicholas Limited Edition Fund (NCLEX) at 5.11%. This indicates that SASMX's price experiences larger fluctuations and is considered to be riskier than NCLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SASMXNCLEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.43%

5.11%

+4.32%

Volatility (6M)

Calculated over the trailing 6-month period

16.23%

12.33%

+3.90%

Volatility (1Y)

Calculated over the trailing 1-year period

25.28%

19.73%

+5.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.59%

19.47%

+5.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.81%

19.16%

+4.65%