Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
Northern Funds(NOEQ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NOEQ
11/06/2026: NOEQ (1-star) is currently NOT-A-BUY. Pass it for now.
The Northern Trust US Equity ETF (NOEQ) is an actively managed fund providing broad exposure to U.S. mid- and large-cap companies. It distinguishes itself by offering professional management and tax-efficient strategies at a low 0.12% expense ratio, aiming for long-term capital appreciation. While it competes with massive passive index funds, it provides a unique option for those wanting active oversight. Key risks include broad market volatility and lower initial liquidity. It is well-suited for long-term investors looking for a core equity holding with the potential for outperformance.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund's focus on capital appreciation aligns well with the goals of growth-oriented investors. |
| Momentum investor | Mixed fit | Active management may capture momentum, but success depends on the managers' ability to identify market leaders. |
| Value investor | Mixed fit | The fund targets a blend of companies, which may include value opportunities, but is not strictly a value fund. |
| Dividend/Income investor | Weak fit | Capital appreciation is the primary goal rather than high income generation. |
| Low-risk investor | Weak fit | As an equity-heavy fund, it is subject to the inherent volatility of the U.S. stock market. |
Investor Profile
Ideal Investor Profile
Investors seeking core U.S. equity exposure with an active component for potential alpha and tax efficiency.
Suitability
Best for long-term investors comfortable with equity market volatility who value active management and tax awareness.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Equity markets fluctuate based on macroeconomic data and investor sentiment. |
| Market risk | High | The fund is directly exposed to broad U.S. equity market downturns. |
| Concentration | Medium | The fund may tilt toward specific sectors, increasing risk if those sectors underperform. |
| Tracking/expense | Low | The low expense ratio minimizes the drag on performance compared to other active funds. |
| Liquidity | Medium | Lower trading volume for this newer fund can lead to wider bid-ask spreads. |
| Business/sector quality | Medium | Active selection depends on the quality of the research and management process. |
Risk Analysis
Volatility
NOEQ exhibits volatility typical of large-blend U.S. equity funds, sensitive to broad market movements.
Market Risk
Primary risks include systematic market declines, interest rate changes affecting equity valuations, and potential sector-specific downturns.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | Large-cap U.S. Equities | 75 | These represent the core established companies that drive the majority of the fund's growth and stability. |
| Market capitalization | Mid-cap U.S. Equities | 20 | Mid-cap exposure provides potential for higher growth relative to larger, more mature companies. |
| Cash/collateral | Cash and Cash Equivalents | 5 | This small liquidity buffer allows the manager to execute trades and manage daily inflows and outflows effectively. |
Analysis of Past Performance
Type ETF | Historic Profit -0.95% | Avg. Invested days 55 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.