BTMFX vs. NBSRX

Last updated Jun 24, 2026

BTMFX (Boston Trust Midcap Fund) and NBSRX (Neuberger Berman Sustainable Equity Fund) are both mutual funds - BTMFX is a Mid Cap Blend Equities fund managed by Boston Trust Walden, while NBSRX is a Large Cap Blend Equities fund managed by Neuberger Berman. Over the past 10 years, BTMFX returned 10.41%/yr vs 15.18%/yr for NBSRX. Their correlation of 0.90 suggests significant overlap in exposure. BTMFX charges 1.00%/yr vs 0.85%/yr for NBSRX.

Performance

BTMFX vs. NBSRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boston Trust Midcap Fund (BTMFX) and Neuberger Berman Sustainable Equity Fund (NBSRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTMFX achieves a 2.09% return, which is significantly lower than NBSRX's 14.50% return. Over the past 10 years, BTMFX has underperformed NBSRX with an annualized return of 10.41%, while NBSRX has yielded a comparatively higher 15.18% annualized return.

BTMFX

• 1D: 0.04%
• 1M: 0.82%
• YTD: 2.09%
• 6M: 0.90%
• 1Y: 6.30%
• 3Y*: 9.05%
• 5Y*: 5.94%
• 10Y*: 10.41%

NBSRX

• 1D: -2.20%
• 1M: 3.89%
• YTD: 14.50%
• 6M: 13.75%
• 1Y: 31.59%
• 3Y*: 24.81%
• 5Y*: 14.38%
• 10Y*: 15.18%

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

BTMFX vs. NBSRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTMFX Boston Trust Midcap Fund	2.09%	4.29%	10.27%	13.06%	-10.91%	24.77%	9.72%	33.00%	-3.36%	20.01%
NBSRX Neuberger Berman Sustainable Equity Fund	14.50%	17.37%	28.23%	26.76%	-18.81%	23.30%	19.35%	25.95%	-6.00%	18.84%

Correlation

The correlation between BTMFX and NBSRX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007	0.90

Over the past year, the correlation between BTMFX and NBSRX has dropped to 0.60 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.

Return for Risk

BTMFX vs. NBSRX — Risk / Return Rank

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

BTMFX

BTMFX Risk / Return Rank: 9
BTMFX Sharpe Ratio Rank: 8
BTMFX Sortino Ratio Rank: 9
BTMFX Omega Ratio Rank: 8
BTMFX Calmar Ratio Rank: 11
BTMFX Martin Ratio Rank: 10

NBSRX

NBSRX Risk / Return Rank: 76
NBSRX Sharpe Ratio Rank: 73
NBSRX Sortino Ratio Rank: 77
NBSRX Omega Ratio Rank: 71
NBSRX Calmar Ratio Rank: 77
NBSRX Martin Ratio Rank: 81

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.

BTMFX vs. NBSRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Boston Trust Midcap Fund (BTMFX) and Neuberger Berman Sustainable Equity Fund (NBSRX). 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.

	BTMFX	NBSRX	Difference
Sharpe ratio: Return per unit of total volatility	0.65	2.29	-1.64
Sortino ratio: Return per unit of downside risk	1.04	3.35	-2.31
Omega ratio: Gain probability vs. loss probability	1.12	1.43	-0.31
Calmar ratio: Return relative to maximum drawdown	0.99	3.28	-2.30
Martin ratio: Return relative to average drawdown	2.71	13.99	-11.28

BTMFX vs. NBSRX - Sharpe Ratio Comparison

The current BTMFX Sharpe Ratio is 0.65, which is lower than the NBSRX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of BTMFX and NBSRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BTMFX vs. NBSRX - Drawdown Comparison

The maximum BTMFX drawdown since its inception was -49.26%, smaller than the maximum NBSRX drawdown of -53.74%. Use the drawdown chart below to compare losses from any high point for BTMFX and NBSRX.

Drawdown Indicators

	BTMFX	NBSRX	Difference
Max Drawdown Largest peak-to-trough decline	-49.26%	-53.74%	+4.48%
Max Drawdown (1Y) Largest decline over 1 year	-7.79%	-10.03%	+2.24%
Max Drawdown (3Y) Largest decline over 3 years	-17.77%	-16.28%	-1.49%
Max Drawdown (5Y) Largest decline over 5 years	-20.79%	-25.39%	+4.60%
Max Drawdown (10Y) Largest decline over 10 years	-37.14%	-34.07%	-3.07%
Current Drawdown Current decline from peak	-2.38%	-3.00%	+0.62%
Average Drawdown Average peak-to-trough decline	-6.15%	-7.05%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.35%	+0.48%

Volatility

BTMFX vs. NBSRX - Volatility Comparison

The current volatility for Boston Trust Midcap Fund (BTMFX) is 3.13%, while Neuberger Berman Sustainable Equity Fund (NBSRX) has a volatility of 6.41%. This indicates that BTMFX experiences smaller price fluctuations and is considered to be less risky than NBSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTMFX	NBSRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.13%	6.41%	-3.28%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	10.97%	-2.79%
Volatility (1Y) Calculated over the trailing 1-year period	11.93%	14.40%	-2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	16.35%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.45%	17.58%	-0.13%

BTMFX vs. NBSRX - Expense Ratio Comparison

BTMFX has a 1.00% expense ratio, which is higher than NBSRX's 0.85% expense ratio.

Dividends

BTMFX vs. NBSRX - Dividend Comparison

BTMFX's dividend yield for the trailing twelve months is around 10.64%, more than NBSRX's 2.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTMFX Boston Trust Midcap Fund	10.64%	10.86%	4.23%	4.41%	4.71%	4.91%	1.98%	6.95%	5.96%	6.61%	7.03%	6.60%
NBSRX Neuberger Berman Sustainable Equity Fund	2.06%	2.35%	5.88%	9.72%	10.06%	10.35%	6.16%	9.08%	10.03%	6.14%	4.53%	6.40%

Frequently Asked Questions

Can I hold both BTMFX and NBSRX in my portfolio?

BTMFX and NBSRX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BTMFX or NBSRX?

NBSRX has higher volatility (6.41%) compared to BTMFX (3.13%). In terms of maximum drawdown, BTMFX dropped -49.26% vs NBSRX's -53.74%.

Which has better risk-adjusted returns?

NBSRX currently has the higher Sharpe Ratio (2.29 vs 0.65), 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.