SKWD vs. NTSX
SKWD (Skyward Specialty Insurance Group Inc. Common Stock) is a stock, while NTSX (WisdomTree U.S. Efficient Core Fund) is Diversified Portfolio fund actively managed by WisdomTree. Over the past 3 years, SKWD returned 27.92%/yr vs 18.24%/yr for NTSX. At a 0.20 correlation, their price movements are largely independent.
Performance
SKWD vs. NTSX - Performance Comparison
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Returns By Period
In the year-to-date period, SKWD achieves a 3.46% return, which is significantly lower than NTSX's 6.46% return.
SKWD
- 1D
- 4.05%
- 1M
- 11.44%
- YTD
- 3.46%
- 6M
- 1.73%
- 1Y
- -10.04%
- 3Y*
- 27.92%
- 5Y*
- —
- 10Y*
- —
NTSX
- 1D
- -0.89%
- 1M
- -0.87%
- YTD
- 6.46%
- 6M
- 5.53%
- 1Y
- 21.24%
- 3Y*
- 18.24%
- 5Y*
- 8.85%
- 10Y*
- —
SKWD vs. NTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SKWD Skyward Specialty Insurance Group Inc. Common Stock | 3.46% | 1.13% | 49.17% | 79.26% |
NTSX WisdomTree U.S. Efficient Core Fund | 6.46% | 18.82% | 20.20% | 17.45% |
Correlation
The correlation between SKWD and NTSX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2023 | 0.20 |
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Return for Risk
SKWD vs. NTSX — Risk / Return Rank
SKWD
NTSX
SKWD vs. NTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Skyward Specialty Insurance Group Inc. Common Stock (SKWD) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.
| SKWD | NTSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.29 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.33 | -2.67 |
| Martin ratioReturn relative to average drawdown | -0.51 | 9.93 | -10.44 |
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Drawdowns
SKWD vs. NTSX - Drawdown Comparison
The maximum SKWD drawdown since its inception was -36.52%, which is greater than NTSX's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for SKWD and NTSX.
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Drawdown Indicators
| SKWD | NTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -31.34% | -5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -29.82% | -9.16% | -20.66% |
Max Drawdown (3Y)Largest decline over 3 years | -36.52% | -16.82% | -19.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.34% | — |
Current DrawdownCurrent decline from peak | -18.65% | -3.02% | -15.63% |
Average DrawdownAverage peak-to-trough decline | -11.08% | -6.76% | -4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.56% | 2.14% | +17.42% |
Volatility
SKWD vs. NTSX - Volatility Comparison
Skyward Specialty Insurance Group Inc. Common Stock (SKWD) has a higher volatility of 11.03% compared to WisdomTree U.S. Efficient Core Fund (NTSX) at 5.26%. This indicates that SKWD's price experiences larger fluctuations and is considered to be riskier than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKWD | NTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.03% | 5.26% | +5.77% |
Volatility (6M)Calculated over the trailing 6-month period | 24.89% | 10.56% | +14.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.49% | 13.13% | +21.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.01% | 17.17% | +16.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.01% | 18.29% | +15.72% |
Dividends
SKWD vs. NTSX - Dividend Comparison
SKWD has not paid dividends to shareholders, while NTSX's dividend yield for the trailing twelve months is around 1.10%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NTSX WisdomTree U.S. Efficient Core Fund | 1.10% | 1.14% | 1.14% | 1.21% | 1.36% | 0.82% | 0.92% | 1.42% | 0.62% |
SKWD Skyward Specialty Insurance Group Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SKWD and NTSX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKWD has higher volatility (11.03%) compared to NTSX (5.26%). In terms of maximum drawdown, SKWD dropped -36.52% vs NTSX's -31.34%.
NTSX currently has the higher Sharpe Ratio (1.63 vs -0.29), 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.
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