NBCM vs. GIBIX
Compare and contrast key facts about Neuberger Berman Commodity Strategy ETF (NBCM) and Guggenheim Total Return Bond Fund (GIBIX).
NBCM is an actively managed fund by Neuberger Berman. It was launched on Aug 27, 2012. GIBIX is managed by Guggenheim. It was launched on Nov 30, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBCM or GIBIX.
Key characteristics
| NBCM | GIBIX | |
|---|---|---|
| YTD Return | 3.04% | 2.98% |
| 1Y Return | -0.55% | 9.47% |
| Sharpe Ratio | -0.04 | 1.57 |
| Sortino Ratio | 0.03 | 2.30 |
| Omega Ratio | 1.00 | 1.28 |
| Calmar Ratio | -0.05 | 0.52 |
| Martin Ratio | -0.10 | 5.81 |
| Ulcer Index | 5.09% | 1.52% |
| Daily Std Dev | 12.37% | 5.63% |
| Max Drawdown | -12.85% | -22.03% |
| Current Drawdown | -7.68% | -9.07% |
Correlation
The correlation between NBCM and GIBIX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NBCM vs. GIBIX - Performance Comparison
The year-to-date returns for both stocks are quite close, with NBCM having a 3.04% return and GIBIX slightly lower at 2.98%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NBCM vs. GIBIX - Expense Ratio Comparison
NBCM has a 0.66% expense ratio, which is higher than GIBIX's 0.50% expense ratio.
Risk-Adjusted Performance
NBCM vs. GIBIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Commodity Strategy ETF (NBCM) and Guggenheim Total Return Bond Fund (GIBIX). 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.
Dividends
NBCM vs. GIBIX - Dividend Comparison
NBCM's dividend yield for the trailing twelve months is around 4.24%, less than GIBIX's 4.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBCM Neuberger Berman Commodity Strategy ETF | 4.24% | 4.37% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GIBIX Guggenheim Total Return Bond Fund | 4.70% | 4.45% | 4.13% | 2.87% | 2.62% | 2.61% | 2.90% | 3.38% | 4.25% | 4.70% | 4.79% | 5.45% |
Drawdowns
NBCM vs. GIBIX - Drawdown Comparison
The maximum NBCM drawdown since its inception was -12.85%, smaller than the maximum GIBIX drawdown of -22.03%. Use the drawdown chart below to compare losses from any high point for NBCM and GIBIX. For additional features, visit the drawdowns tool.
Volatility
NBCM vs. GIBIX - Volatility Comparison
Neuberger Berman Commodity Strategy ETF (NBCM) has a higher volatility of 3.73% compared to Guggenheim Total Return Bond Fund (GIBIX) at 1.54%. This indicates that NBCM's price experiences larger fluctuations and is considered to be riskier than GIBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.