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MEIFX vs. NGUAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MEIFX vs. NGUAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Meridian Enhanced Equity Fund (MEIFX) and Neuberger Berman Guardian Fund (NGUAX). The values are adjusted to include any dividend payments, if applicable.

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MEIFX vs. NGUAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MEIFX
Meridian Enhanced Equity Fund
-1.60%6.51%13.19%18.96%-16.43%15.15%26.18%44.95%-0.51%27.94%
NGUAX
Neuberger Berman Guardian Fund
-11.52%14.38%23.80%35.98%-24.47%27.43%34.56%36.69%-7.16%25.28%

Returns By Period

In the year-to-date period, MEIFX achieves a -1.60% return, which is significantly higher than NGUAX's -11.52% return. Both investments have delivered pretty close results over the past 10 years, with MEIFX having a 13.78% annualized return and NGUAX not far ahead at 14.11%.


MEIFX

1D
0.08%
1M
-3.16%
YTD
-1.60%
6M
-1.55%
1Y
4.96%
3Y*
9.70%
5Y*
5.75%
10Y*
13.78%

NGUAX

1D
-0.30%
1M
-7.63%
YTD
-11.52%
6M
-11.20%
1Y
10.27%
3Y*
14.62%
5Y*
9.51%
10Y*
14.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MEIFX vs. NGUAX - Expense Ratio Comparison

MEIFX has a 1.20% expense ratio, which is higher than NGUAX's 0.82% expense ratio.


Return for Risk

MEIFX vs. NGUAX — Risk / Return Rank

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

MEIFX
MEIFX Risk / Return Rank: 1515
Overall Rank
MEIFX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
MEIFX Sortino Ratio Rank: 1212
Sortino Ratio Rank
MEIFX Omega Ratio Rank: 1111
Omega Ratio Rank
MEIFX Calmar Ratio Rank: 1717
Calmar Ratio Rank
MEIFX Martin Ratio Rank: 2222
Martin Ratio Rank

NGUAX
NGUAX Risk / Return Rank: 2121
Overall Rank
NGUAX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
NGUAX Sortino Ratio Rank: 2424
Sortino Ratio Rank
NGUAX Omega Ratio Rank: 2323
Omega Ratio Rank
NGUAX Calmar Ratio Rank: 1717
Calmar Ratio Rank
NGUAX Martin Ratio Rank: 1717
Martin Ratio Rank
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.

MEIFX vs. NGUAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meridian Enhanced Equity Fund (MEIFX) and Neuberger Berman Guardian Fund (NGUAX). 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.


MEIFXNGUAXDifference

Sharpe ratio

Return per unit of total volatility

0.30

0.53

-0.24

Sortino ratio

Return per unit of downside risk

0.55

0.92

-0.37

Omega ratio

Gain probability vs. loss probability

1.07

1.13

-0.05

Calmar ratio

Return relative to maximum drawdown

0.49

0.50

-0.01

Martin ratio

Return relative to average drawdown

2.30

1.74

+0.56

MEIFX vs. NGUAX - Sharpe Ratio Comparison

The current MEIFX Sharpe Ratio is 0.30, which is lower than the NGUAX Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of MEIFX and NGUAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MEIFXNGUAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.30

0.53

-0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

0.53

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

0.78

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.04

+0.47

Correlation

The correlation between MEIFX and NGUAX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

MEIFX vs. NGUAX - Dividend Comparison

MEIFX's dividend yield for the trailing twelve months is around 7.36%, less than NGUAX's 14.04% yield.


TTM20252024202320222021202020192018201720162015
MEIFX
Meridian Enhanced Equity Fund
7.36%7.25%14.61%0.61%9.28%25.44%13.26%40.49%11.67%1.18%0.78%4.24%
NGUAX
Neuberger Berman Guardian Fund
14.04%12.43%6.01%4.30%6.62%10.92%7.60%6.21%11.21%6.87%13.11%12.82%

Drawdowns

MEIFX vs. NGUAX - Drawdown Comparison

The maximum MEIFX drawdown since its inception was -54.37%, smaller than the maximum NGUAX drawdown of -78.07%. Use the drawdown chart below to compare losses from any high point for MEIFX and NGUAX.


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Drawdown Indicators


MEIFXNGUAXDifference

Max Drawdown

Largest peak-to-trough decline

-54.37%

-78.07%

+23.70%

Max Drawdown (1Y)

Largest decline over 1 year

-8.99%

-14.16%

+5.17%

Max Drawdown (5Y)

Largest decline over 5 years

-23.54%

-28.43%

+4.89%

Max Drawdown (10Y)

Largest decline over 10 years

-28.67%

-31.99%

+3.32%

Current Drawdown

Current decline from peak

-7.42%

-14.16%

+6.74%

Average Drawdown

Average peak-to-trough decline

-7.76%

-31.98%

+24.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.05%

4.09%

-2.04%

Volatility

MEIFX vs. NGUAX - Volatility Comparison

The current volatility for Meridian Enhanced Equity Fund (MEIFX) is 3.54%, while Neuberger Berman Guardian Fund (NGUAX) has a volatility of 4.85%. This indicates that MEIFX experiences smaller price fluctuations and is considered to be less risky than NGUAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MEIFXNGUAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.54%

4.85%

-1.31%

Volatility (6M)

Calculated over the trailing 6-month period

7.12%

10.00%

-2.88%

Volatility (1Y)

Calculated over the trailing 1-year period

14.91%

19.57%

-4.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.93%

18.16%

-2.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.95%

18.20%

-0.25%