SPTY vs. NOIEX

Last updated Apr 1, 2026

Compare and contrast key facts about Specificity Inc (SPTY) and Northern Income Equity Fund (NOIEX).

NOIEX is managed by Northern Funds. It was launched on Mar 31, 1994.

Performance

SPTY vs. NOIEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Specificity Inc (SPTY) and Northern Income Equity Fund (NOIEX). The values are adjusted to include any dividend payments, if applicable.

SPTY vs. NOIEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SPTY Specificity Inc	-10.00%	-90.67%	-40.94%	-52.08%	-47.00%
NOIEX Northern Income Equity Fund	-4.59%	18.81%	24.28%	19.56%	-2.87%

Returns By Period

In the year-to-date period, SPTY achieves a -10.00% return, which is significantly lower than NOIEX's -4.59% return.

SPTY

• 1D: 23.53%
• 1M: -36.68%
• YTD: -10.00%
• 6M: -42.88%
• 1Y: -86.00%
• 3Y*: -68.15%
• 5Y*: —
• 10Y*: —

NOIEX

• 1D: -0.29%
• 1M: -7.32%
• YTD: -4.59%
• 6M: -1.82%
• 1Y: 16.41%
• 3Y*: 17.35%
• 5Y*: 11.80%
• 10Y*: 12.25%

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

Return for Risk

SPTY vs. NOIEX — Risk / Return Rank

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

SPTY

SPTY Risk / Return Rank: 46
SPTY Sharpe Ratio Rank: 31
SPTY Sortino Ratio Rank: 89
SPTY Omega Ratio Rank: 91
SPTY Calmar Ratio Rank: 8
SPTY Martin Ratio Rank: 14

NOIEX

NOIEX Risk / Return Rank: 50
NOIEX Sharpe Ratio Rank: 48
NOIEX Sortino Ratio Rank: 55
NOIEX Omega Ratio Rank: 59
NOIEX Calmar Ratio Rank: 41
NOIEX Martin Ratio Rank: 50

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.

SPTY vs. NOIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Specificity Inc (SPTY) and Northern Income Equity Fund (NOIEX). 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.

	SPTY	NOIEX	Difference
Sharpe ratio Return per unit of total volatility	-0.20	0.92	-1.12
Sortino ratio Return per unit of downside risk	2.78	1.45	+1.34
Omega ratio Gain probability vs. loss probability	1.42	1.22	+0.19
Calmar ratio Return relative to maximum drawdown	-0.88	1.05	-1.93
Martin ratio Return relative to average drawdown	-1.34	4.85	-6.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTY vs. NOIEX - Sharpe Ratio Comparison

The current SPTY Sharpe Ratio is -0.20, which is lower than the NOIEX Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of SPTY and NOIEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPTY	NOIEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.20	0.92	-1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.73	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	0.65	-0.83

Correlation

The correlation between SPTY and NOIEX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SPTY vs. NOIEX - Dividend Comparison

SPTY has not paid dividends to shareholders, while NOIEX's dividend yield for the trailing twelve months is around 8.37%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPTY Specificity Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOIEX Northern Income Equity Fund	8.37%	7.92%	6.11%	7.03%	5.44%	14.26%	7.67%	8.58%	15.73%	7.56%	3.02%	5.57%

Drawdowns

SPTY vs. NOIEX - Drawdown Comparison

The maximum SPTY drawdown since its inception was -99.37%, which is greater than NOIEX's maximum drawdown of -45.66%. Use the drawdown chart below to compare losses from any high point for SPTY and NOIEX.

Drawdown Indicators

	SPTY	NOIEX	Difference
Max Drawdown Largest peak-to-trough decline	-99.37%	-45.66%	-53.71%
Max Drawdown (1Y) Largest decline over 1 year	-97.33%	-12.41%	-84.92%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.89%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.31%	—
Current Drawdown Current decline from peak	-98.74%	-8.39%	-90.35%
Average Drawdown Average peak-to-trough decline	-82.09%	-5.01%	-77.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	64.12%	2.89%	+61.23%

Volatility

SPTY vs. NOIEX - Volatility Comparison

Specificity Inc (SPTY) has a higher volatility of 131.29% compared to Northern Income Equity Fund (NOIEX) at 4.02%. This indicates that SPTY's price experiences larger fluctuations and is considered to be riskier than NOIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTY	NOIEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	131.29%	4.02%	+127.27%
Volatility (6M) Calculated over the trailing 6-month period	349.98%	9.01%	+340.97%
Volatility (1Y) Calculated over the trailing 1-year period	430.89%	19.09%	+411.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	394.61%	16.32%	+378.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	394.61%	17.92%	+376.69%