NBGIX vs. SPLG
Compare and contrast key facts about Neuberger Berman Genesis Fund Institutional Class (NBGIX) and SPDR Portfolio S&P 500 ETF (SPLG).
NBGIX is managed by Neuberger Berman. It was launched on Jul 1, 1999. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBGIX or SPLG.
Correlation
The correlation between NBGIX and SPLG is 0.77, 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.
Performance
NBGIX vs. SPLG - Performance Comparison
Key characteristics
NBGIX:
0.53
SPLG:
2.26
NBGIX:
0.86
SPLG:
3.00
NBGIX:
1.10
SPLG:
1.42
NBGIX:
0.47
SPLG:
3.32
NBGIX:
2.71
SPLG:
14.73
NBGIX:
3.47%
SPLG:
1.90%
NBGIX:
17.85%
SPLG:
12.40%
NBGIX:
-51.35%
SPLG:
-54.50%
NBGIX:
-11.76%
SPLG:
-2.50%
Returns By Period
In the year-to-date period, NBGIX achieves a 7.81% return, which is significantly lower than SPLG's 26.00% return. Over the past 10 years, NBGIX has underperformed SPLG with an annualized return of 3.18%, while SPLG has yielded a comparatively higher 13.11% annualized return.
NBGIX
7.81%
-7.40%
4.97%
8.06%
5.46%
3.18%
SPLG
26.00%
-0.14%
9.34%
26.48%
14.82%
13.11%
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NBGIX vs. SPLG - Expense Ratio Comparison
NBGIX has a 0.84% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
NBGIX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Genesis Fund Institutional Class (NBGIX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
NBGIX vs. SPLG - Dividend Comparison
NBGIX has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 0.92%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBGIX Neuberger Berman Genesis Fund Institutional Class | 0.00% | 3.29% | 11.19% | 0.00% | 0.03% | 0.22% | 0.28% | 0.39% | 0.34% | 0.42% | 0.33% | 0.52% |
SPLG SPDR Portfolio S&P 500 ETF | 0.92% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
NBGIX vs. SPLG - Drawdown Comparison
The maximum NBGIX drawdown since its inception was -51.35%, smaller than the maximum SPLG drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for NBGIX and SPLG. For additional features, visit the drawdowns tool.
Volatility
NBGIX vs. SPLG - Volatility Comparison
Neuberger Berman Genesis Fund Institutional Class (NBGIX) has a higher volatility of 5.67% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.81%. This indicates that NBGIX's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.