JIBEX vs. NCRLX
JIBEX (Johnson Institutional Intermediate Bond Fund) and NCRLX (Neuberger Berman Core Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, JIBEX returned 2.07%/yr vs 1.85%/yr for NCRLX. Their correlation of 0.83 suggests significant overlap in exposure. JIBEX charges 0.25%/yr vs 0.39%/yr for NCRLX.
Performance
JIBEX vs. NCRLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JIBEX achieves a 0.02% return, which is significantly lower than NCRLX's 0.39% return. Over the past 10 years, JIBEX has outperformed NCRLX with an annualized return of 2.07%, while NCRLX has yielded a comparatively lower 1.85% annualized return.
JIBEX
- 1D
- 0.27%
- 1M
- 0.48%
- YTD
- 0.02%
- 6M
- 0.15%
- 1Y
- 3.64%
- 3Y*
- 4.53%
- 5Y*
- 0.94%
- 10Y*
- 2.07%
NCRLX
- 1D
- 0.23%
- 1M
- 0.82%
- YTD
- 0.39%
- 6M
- 0.74%
- 1Y
- 4.88%
- 3Y*
- 4.22%
- 5Y*
- -0.14%
- 10Y*
- 1.85%
JIBEX vs. NCRLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JIBEX Johnson Institutional Intermediate Bond Fund | 0.02% | 7.39% | 2.58% | 5.46% | -9.24% | -1.72% | 7.20% | 7.54% | 0.41% | 2.81% |
NCRLX Neuberger Berman Core Bond Fund | 0.39% | 7.24% | 1.90% | 5.69% | -14.36% | -1.07% | 9.50% | 9.43% | -1.06% | 3.95% |
Correlation
The correlation between JIBEX and NCRLX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2000 | 0.83 |
The correlation between JIBEX and NCRLX has been stable across timeframes, ranging from 0.83 to 0.93 - a consistent structural relationship.
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
JIBEX vs. NCRLX — Risk / Return Rank
JIBEX
NCRLX
JIBEX vs. NCRLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson Institutional Intermediate Bond Fund (JIBEX) and Neuberger Berman Core Bond Fund (NCRLX). 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.
| JIBEX | NCRLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.21 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 1.67 | +0.01 |
| Martin ratioReturn relative to average drawdown | 4.69 | 4.74 | -0.04 |
Loading charts...
Drawdowns
JIBEX vs. NCRLX - Drawdown Comparison
The maximum JIBEX drawdown since its inception was -13.85%, smaller than the maximum NCRLX drawdown of -19.21%. Use the drawdown chart below to compare losses from any high point for JIBEX and NCRLX.
Loading charts...
Drawdown Indicators
| JIBEX | NCRLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.85% | -19.21% | +5.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.21% | -2.93% | +0.72% |
Max Drawdown (3Y)Largest decline over 3 years | -3.37% | -6.39% | +3.02% |
Max Drawdown (5Y)Largest decline over 5 years | -13.81% | -19.21% | +5.40% |
Max Drawdown (10Y)Largest decline over 10 years | -13.85% | -19.21% | +5.36% |
Current DrawdownCurrent decline from peak | -1.34% | -1.94% | +0.60% |
Average DrawdownAverage peak-to-trough decline | -3.63% | -3.81% | +0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 1.03% | -0.24% |
Volatility
JIBEX vs. NCRLX - Volatility Comparison
The current volatility for Johnson Institutional Intermediate Bond Fund (JIBEX) is 1.00%, while Neuberger Berman Core Bond Fund (NCRLX) has a volatility of 1.25%. This indicates that JIBEX experiences smaller price fluctuations and is considered to be less risky than NCRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JIBEX | NCRLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 1.25% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 2.05% | 2.99% | -0.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.74% | 4.01% | -1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.40% | 6.03% | -1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.59% | 5.01% | -1.42% |
JIBEX vs. NCRLX - Expense Ratio Comparison
JIBEX has a 0.25% expense ratio, which is lower than NCRLX's 0.39% expense ratio.
Dividends
JIBEX vs. NCRLX - Dividend Comparison
JIBEX's dividend yield for the trailing twelve months is around 3.68%, less than NCRLX's 4.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JIBEX Johnson Institutional Intermediate Bond Fund | 3.68% | 4.03% | 3.39% | 2.90% | 2.14% | 1.79% | 3.15% | 2.69% | 2.74% | 2.33% | 2.39% | 1.54% |
NCRLX Neuberger Berman Core Bond Fund | 4.70% | 4.68% | 4.76% | 3.90% | 2.63% | 2.47% | 4.76% | 3.37% | 3.00% | 2.80% | 3.37% | 3.15% |
Frequently Asked Questions
JIBEX and NCRLX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NCRLX has higher volatility (1.25%) compared to JIBEX (1.00%). In terms of maximum drawdown, JIBEX dropped -13.85% vs NCRLX's -19.21%.
JIBEX currently has the higher Sharpe Ratio (1.36 vs 1.23), 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 JIBEX and NCRLX
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