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 34.30%/yr vs 17.57%/yr for NTSX. At a 0.19 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 16.92% return, which is significantly higher than NTSX's 8.18% return.
SKWD
- 1D
- 0.71%
- 1M
- 19.40%
- 6M
- 29.63%
- YTD
- 16.92%
- 1Y
- 14.64%
- 3Y*
- 34.30%
- 5Y*
- —
- 10Y*
- —
NTSX
- 1D
- -0.49%
- 1M
- 0.84%
- 6M
- 6.13%
- YTD
- 8.18%
- 1Y
- 20.75%
- 3Y*
- 17.57%
- 5Y*
- 8.57%
- 10Y*
- —
SKWD vs. NTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SKWD Skyward Specialty Insurance Group Inc. Common Stock | 16.92% | 1.13% | 49.17% | 79.26% |
NTSX WisdomTree U.S. Efficient Core Fund | 8.18% | 18.82% | 20.20% | 17.45% |
Correlation
The correlation between SKWD and NTSX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 2023 | 0.19 |
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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 | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.29 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 2.27 | -1.66 |
| Martin ratioReturn relative to average drawdown | 1.12 | 9.55 | -8.43 |
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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 | -23.76% | -9.16% | -14.60% |
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 | -8.06% | -1.45% | -6.61% |
Average DrawdownAverage peak-to-trough decline | -11.05% | -6.73% | -4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.15% | 2.18% | +10.97% |
Volatility
SKWD vs. NTSX - Volatility Comparison
Skyward Specialty Insurance Group Inc. Common Stock (SKWD) has a higher volatility of 11.74% compared to WisdomTree U.S. Efficient Core Fund (NTSX) at 4.04%. 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 | 11.74% | 4.04% | +7.70% |
Volatility (6M)Calculated over the trailing 6-month period | 25.22% | 10.58% | +14.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.31% | 12.98% | +22.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.23% | 17.18% | +17.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 18.25% | +15.98% |
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 1.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NTSX WisdomTree U.S. Efficient Core Fund | 1.09% | 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 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKWD has higher volatility (11.74%) compared to NTSX (4.04%). In terms of maximum drawdown, SKWD dropped -36.52% vs NTSX's -31.34%.
NTSX currently has the higher Sharpe Ratio (1.61 vs 0.42), 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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