YOVIX vs. NCLEX
YOVIX (Yorktown Small-Cap Fund) and NCLEX (Nicholas Limited Edition Fund) are both Small Cap Growth Equities funds. Over the past 10 years, YOVIX returned 9.10%/yr vs 7.68%/yr for NCLEX. Their correlation of 0.86 means they have usually moved in the same direction. YOVIX charges 1.38%/yr vs 0.85%/yr for NCLEX.
Performance
YOVIX vs. NCLEX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YOVIX achieves a 6.72% return, which is significantly higher than NCLEX's 0.43% return. Over the past 10 years, YOVIX has outperformed NCLEX with an annualized return of 9.10%, while NCLEX has yielded a comparatively lower 7.68% annualized return.
YOVIX
- 1D
- 0.54%
- 1M
- -4.77%
- 6M
- 3.98%
- YTD
- 6.72%
- 1Y
- 9.36%
- 3Y*
- 8.11%
- 5Y*
- 2.48%
- 10Y*
- 9.10%
- ALL TIME*
- 9.54%
NCLEX
- 1D
- 0.43%
- 1M
- 0.63%
- 6M
- 0.12%
- YTD
- 0.43%
- 1Y
- -1.86%
- 3Y*
- 0.61%
- 5Y*
- -0.53%
- 10Y*
- 7.68%
- ALL TIME*
- 9.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
YOVIX vs. NCLEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
YOVIX Yorktown Small-Cap Fund | 6.72% | 9.64% | 6.01% | 14.19% | -25.19% | 24.76% | 30.31% | 21.85% | -7.94% | 8.83% |
NCLEX Nicholas Limited Edition Fund | 0.43% | -10.41% | 11.91% | 17.17% | -23.71% | 19.07% | 22.67% | 27.36% | -0.94% | 19.93% |
Correlation
The correlation between YOVIX and NCLEX is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since May 10, 2016 | 0.86 |
Over the past year, the correlation between YOVIX and NCLEX has dropped to 0.61 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
YOVIX vs. NCLEX — Risk / Return Rank
YOVIX
NCLEX
YOVIX vs. NCLEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Yorktown Small-Cap Fund (YOVIX) and Nicholas Limited Edition Fund (NCLEX). 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.
| YOVIX | NCLEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.98 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | -0.16 | +0.60 |
| Martin ratioReturn relative to average drawdown | 1.22 | -0.32 | +1.53 |
Loading charts...
Drawdowns
YOVIX vs. NCLEX - Drawdown Comparison
The maximum YOVIX drawdown since its inception was -41.82%, smaller than the maximum NCLEX drawdown of -48.68%. Use the drawdown chart below to compare losses from any high point for YOVIX and NCLEX.
Loading charts...
Drawdown Indicators
| YOVIX | NCLEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.82% | -48.68% | +6.86% |
Max Drawdown (1Y)Largest decline over 1 year | -16.53% | -20.88% | +4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -21.72% | -28.50% | +6.78% |
Max Drawdown (5Y)Largest decline over 5 years | -33.13% | -28.50% | -4.63% |
Max Drawdown (10Y)Largest decline over 10 years | -41.82% | -35.79% | -6.03% |
Current DrawdownCurrent decline from peak | -8.11% | -15.98% | +7.87% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -8.32% | -1.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.90% | 10.65% | -4.75% |
Volatility
YOVIX vs. NCLEX - Volatility Comparison
Yorktown Small-Cap Fund (YOVIX) has a higher volatility of 8.17% compared to Nicholas Limited Edition Fund (NCLEX) at 4.95%. This indicates that YOVIX's price experiences larger fluctuations and is considered to be riskier than NCLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YOVIX | NCLEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.17% | 4.95% | +3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 17.63% | 12.76% | +4.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.99% | 17.31% | +4.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.40% | 19.62% | +2.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.81% | 19.22% | +3.59% |
YOVIX vs. NCLEX - Expense Ratio Comparison
YOVIX has a 1.38% expense ratio, which is higher than NCLEX's 0.85% expense ratio.
Dividends
YOVIX vs. NCLEX - Dividend Comparison
YOVIX has not paid dividends to shareholders, while NCLEX's dividend yield for the trailing twelve months is around 7.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NCLEX Nicholas Limited Edition Fund | 7.50% | 7.53% | 2.51% | 2.43% | 6.22% | 16.44% | 5.10% | 5.66% | 10.72% | 7.97% | 10.68% | 8.05% |
YOVIX Yorktown Small-Cap Fund | 0.00% | 0.00% | 0.00% | 0.24% | 8.03% | 4.61% | 0.07% | 1.26% | 1.01% | 17.08% | 0.27% | 0.00% |
Frequently Asked Questions
YOVIX and NCLEX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YOVIX has higher volatility (8.17%) compared to NCLEX (4.95%). In terms of maximum drawdown, YOVIX dropped -41.82% vs NCLEX's -48.68%.
YOVIX currently has the higher Sharpe Ratio (0.33 vs -0.20), 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.
Find the right allocation for YOVIX and NCLEX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer