Neuberger Berman Long Short Fund (NLSIX) Alternatives
Neuberger Berman Long Short Fund (NLSIX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NLSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NLSIX
NLSIX charges 1.28% annually. Among mutual funds in the Long-Short category, these options have the lowest expense ratios among NLSIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | Jan 27, 2021 | NLSIX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | Jun 26, 2014 | NLSIX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | Jan 20, 2026 | NLSIX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | Nov 1, 2009 | NLSIX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | Dec 30, 2012 | NLSIX vs BTPIX |
Best Risk-Adjusted Alternatives to NLSIX
Among mutual funds in the Long-Short category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 96 | Dec 20, 2012 | NLSIX vs BDMIX | |
| AQR Long-Short Equity Fund | 94 | Jul 15, 2013 | NLSIX vs QLEIX | |
| AQR Long-Short Equity N | 93 | Jul 16, 2013 | NLSIX vs QLENX | |
| Vanguard Market Neutral Fund Institutional Shares | 93 | Oct 19, 1998 | NLSIX vs VMNIX | |
| Boston Partners Long/Short Equity Fund | 93 | Nov 16, 1998 | NLSIX vs BPLEX |
Top Performing NLSIX Alternatives (YTD)
NLSIX alternatives from the Long-Short category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Guggenheim Alpha Opportunity Fund | 10.14% | Jul 6, 2003 | NLSIX vs SAOAX | |
| PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | Dec 3, 2014 | NLSIX vs PWLIX | |
| Vanguard Market Neutral Fund Institutional Shares | 6.12% | Oct 19, 1998 | NLSIX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 6.09% | Nov 11, 1998 | NLSIX vs VMNFX | |
| Invenomic Fund Institutional Class | 6.05% | Jun 19, 2017 | NLSIX vs BIVIX |
Lowest Volatility Alternatives to NLSIX
NLSIX alternatives from the Long-Short category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| MFS Managed Wealth Fund | 5.68% | Jun 26, 2014 | NLSIX vs MNWIX | |
| Federated Hermes MDT Market Neutral A | 6.39% | Sep 30, 2008 | NLSIX vs QAMNX | |
| Knights of Columbus Long/Short Equity Fund | 6.52% | Dec 1, 2019 | NLSIX vs KCEIX | |
| AB Select US Long/Short Portfolio | 6.59% | Dec 11, 2012 | NLSIX vs ASILX | |
| BlackRock Global Long/Short Equity Fund Class I | 6.91% | Dec 20, 2012 | NLSIX vs BDMIX |
Lowest Drawdown Alternatives to NLSIX
NLSIX alternatives from the Long-Short category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -3.50% | Dec 1, 2019 | NLSIX vs KCEIX | |
| BlackRock Global Long/Short Equity Fund Class I | -3.60% | Dec 20, 2012 | NLSIX vs BDMIX | |
| AB Select US Long/Short Portfolio | -3.62% | Dec 11, 2012 | NLSIX vs ASILX | |
| Quantitative U.S. Long/Short Equity Portfolio | -4.15% | Sep 28, 2006 | NLSIX vs GTAPX | |
| Federated Hermes MDT Market Neutral A | -4.16% | Sep 30, 2008 | NLSIX vs QAMNX |
Other Mutual Funds from Neuberger Berman
Most popular Neuberger Berman mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Neuberger Berman Genesis Fund | Small Cap Growth Equities | 7 | -1.46% | Sep 27, 1988 | NLSIX vs NBGNX | |
| Neuberger Berman MLP | MLPs, Energy Equities | 67 | 25.95% | Mar 26, 2013 | NLSIX vs NML | |
| Neuberger Berman Guardian Fund | Large Cap Growth Equities | 21 | -11.52% | Jun 1, 1950 | NLSIX vs NGUAX | |
| Neuberger Berman Large Cap Value Fund | Large Cap Value Equities | 82 | 4.11% | Jan 20, 1975 | NLSIX vs NPRTX | |
| Neuberger Berman Mid Cap Growth Fund | Mid Cap Growth Equities | 10 | -9.00% | Mar 1, 1979 | NLSIX vs NMANX | |
| Neuberger Berman Strategic Income Fund | Multisector Bonds | 81 | -1.42% | Jul 10, 2003 | NLSIX vs NSTLX | |
| Neuberger Berman Sustainable Equity Fund | Large Cap Blend Equities | 40 | -6.55% | Mar 16, 1994 | NLSIX vs NBSRX | |
| Neuberger Berman Genesis Fund Institutional Class | Small Cap Growth Equities | 7 | -1.41% | Jul 1, 1999 | NLSIX vs NBGIX | |
| Neuberger Berman Intrinsic Value Fund | Small Cap Blend Equities | 68 | -0.86% | May 10, 2010 | NLSIX vs NINLX | |
| Neuberger Berman Multi-Cap Opportunities Fund | Large Cap Blend Equities | 28 | -6.40% | Nov 2, 2006 | NLSIX vs NMULX |
Often Compared With NLSIX
What investors most often compare with NLSIX, based on PortfoliosLab usage data.
Compare NLSIX with Any Fund or Stock
Compare NLSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.