TCBIX vs. NIE
Compare and contrast key facts about The Covered Bridge Fund (TCBIX) and Virtus Equity & Convertible Income Fund (NIE).
TCBIX is managed by Covered Bridge. It was launched on Sep 30, 2013. NIE is an actively managed fund by Virtus. It was launched on Feb 27, 2007.
Performance
TCBIX vs. NIE - Performance Comparison
Loading graphics...
TCBIX vs. NIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TCBIX The Covered Bridge Fund | 2.42% | 12.61% | 4.09% | 4.09% | 0.05% | 18.21% | -1.71% | 18.73% | -3.93% | 9.66% |
NIE Virtus Equity & Convertible Income Fund | -3.19% | 12.15% | 28.64% | 26.71% | -26.73% | 18.89% | 33.78% | 31.09% | -5.69% | 23.68% |
Returns By Period
In the year-to-date period, TCBIX achieves a 2.42% return, which is significantly higher than NIE's -3.19% return. Over the past 10 years, TCBIX has underperformed NIE with an annualized return of 7.10%, while NIE has yielded a comparatively higher 13.00% annualized return.
TCBIX
- 1D
- 1.57%
- 1M
- -2.75%
- YTD
- 2.42%
- 6M
- 4.55%
- 1Y
- 13.68%
- 3Y*
- 7.50%
- 5Y*
- 5.73%
- 10Y*
- 7.10%
NIE
- 1D
- 1.16%
- 1M
- -4.91%
- YTD
- -3.19%
- 6M
- -0.16%
- 1Y
- 18.04%
- 3Y*
- 16.95%
- 5Y*
- 8.79%
- 10Y*
- 13.00%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TCBIX vs. NIE - Expense Ratio Comparison
TCBIX has a 1.40% expense ratio, which is higher than NIE's 1.12% expense ratio.
Return for Risk
TCBIX vs. NIE — Risk / Return Rank
TCBIX
NIE
TCBIX vs. NIE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Covered Bridge Fund (TCBIX) and Virtus Equity & Convertible Income Fund (NIE). 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.
| TCBIX | NIE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 1.03 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.55 | 1.53 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.46 | -0.09 |
Martin ratioReturn relative to average drawdown | 6.28 | 6.65 | -0.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TCBIX | NIE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 1.03 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.50 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.66 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.41 | +0.11 |
Correlation
The correlation between TCBIX and NIE is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TCBIX vs. NIE - Dividend Comparison
TCBIX's dividend yield for the trailing twelve months is around 8.65%, less than NIE's 10.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCBIX The Covered Bridge Fund | 8.65% | 8.24% | 7.47% | 7.34% | 8.09% | 6.00% | 4.70% | 6.77% | 11.55% | 7.32% | 7.32% | 5.36% |
NIE Virtus Equity & Convertible Income Fund | 10.69% | 10.14% | 8.11% | 9.56% | 21.81% | 10.86% | 5.37% | 6.71% | 8.20% | 7.19% | 8.25% | 8.46% |
Drawdowns
TCBIX vs. NIE - Drawdown Comparison
The maximum TCBIX drawdown since its inception was -28.94%, smaller than the maximum NIE drawdown of -57.90%. Use the drawdown chart below to compare losses from any high point for TCBIX and NIE.
Loading graphics...
Drawdown Indicators
| TCBIX | NIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.94% | -57.90% | +28.96% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -12.51% | +2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -17.07% | -31.04% | +13.97% |
Max Drawdown (10Y)Largest decline over 10 years | -28.94% | -38.99% | +10.05% |
Current DrawdownCurrent decline from peak | -3.77% | -6.09% | +2.32% |
Average DrawdownAverage peak-to-trough decline | -3.51% | -8.07% | +4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 2.75% | -0.51% |
Volatility
TCBIX vs. NIE - Volatility Comparison
The current volatility for The Covered Bridge Fund (TCBIX) is 2.75%, while Virtus Equity & Convertible Income Fund (NIE) has a volatility of 5.23%. This indicates that TCBIX experiences smaller price fluctuations and is considered to be less risky than NIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TCBIX | NIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 5.23% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 6.34% | 8.56% | -2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.12% | 17.66% | -4.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.12% | 17.54% | -5.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.55% | 19.71% | -6.16% |