SCCPX vs. NUE
Compare and contrast key facts about Sterling Capital Long Duration Corporate Bond Fund (SCCPX) and Nucor Corporation (NUE).
SCCPX is managed by Sterling Capital. It was launched on Jun 30, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCCPX or NUE.
Key characteristics
| SCCPX | NUE | |
|---|---|---|
| YTD Return | -5.99% | -2.82% |
| 1Y Return | -1.41% | 16.51% |
| 3Y Return (Ann) | -7.30% | 28.99% |
| 5Y Return (Ann) | -2.04% | 26.80% |
| 10Y Return (Ann) | 0.42% | 15.35% |
| Sharpe Ratio | -0.04 | 0.55 |
| Daily Std Dev | 12.67% | 27.77% |
| Max Drawdown | -31.87% | -68.34% |
| Current Drawdown | -21.92% | -16.07% |
Correlation
The correlation between SCCPX and NUE is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SCCPX vs. NUE - Performance Comparison
In the year-to-date period, SCCPX achieves a -5.99% return, which is significantly lower than NUE's -2.82% return. Over the past 10 years, SCCPX has underperformed NUE with an annualized return of 0.42%, while NUE has yielded a comparatively higher 15.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SCCPX vs. NUE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Long Duration Corporate Bond Fund (SCCPX) and Nucor Corporation (NUE). 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
SCCPX vs. NUE - Dividend Comparison
SCCPX's dividend yield for the trailing twelve months is around 4.28%, more than NUE's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCCPX Sterling Capital Long Duration Corporate Bond Fund | 4.28% | 4.25% | 4.14% | 13.93% | 88.30% | 3.02% | 3.31% | 3.76% | 3.41% | 3.16% | 3.36% | 4.65% |
NUE Nucor Corporation | 1.25% | 1.19% | 1.52% | 1.50% | 3.03% | 2.85% | 2.97% | 2.38% | 2.52% | 3.70% | 3.02% | 2.76% |
Drawdowns
SCCPX vs. NUE - Drawdown Comparison
The maximum SCCPX drawdown since its inception was -31.87%, smaller than the maximum NUE drawdown of -68.34%. Use the drawdown chart below to compare losses from any high point for SCCPX and NUE. For additional features, visit the drawdowns tool.
Volatility
SCCPX vs. NUE - Volatility Comparison
The current volatility for Sterling Capital Long Duration Corporate Bond Fund (SCCPX) is 3.64%, while Nucor Corporation (NUE) has a volatility of 10.29%. This indicates that SCCPX experiences smaller price fluctuations and is considered to be less risky than NUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.