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.
Key characteristics
| NBGIX | SPLG | |
|---|---|---|
| YTD Return | 18.58% | 26.94% |
| 1Y Return | 29.70% | 34.99% |
| 3Y Return (Ann) | -0.18% | 10.23% |
| 5Y Return (Ann) | 7.00% | 15.82% |
| 10Y Return (Ann) | 3.36% | 13.45% |
| Sharpe Ratio | 1.89 | 3.10 |
| Sortino Ratio | 2.70 | 4.12 |
| Omega Ratio | 1.33 | 1.58 |
| Calmar Ratio | 1.42 | 4.46 |
| Martin Ratio | 11.49 | 20.26 |
| Ulcer Index | 3.05% | 1.86% |
| Daily Std Dev | 18.54% | 12.15% |
| Max Drawdown | -51.35% | -54.50% |
| Current Drawdown | -1.54% | -0.24% |
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
In the year-to-date period, NBGIX achieves a 18.58% return, which is significantly lower than SPLG's 26.94% return. Over the past 10 years, NBGIX has underperformed SPLG with an annualized return of 3.36%, while SPLG has yielded a comparatively higher 13.45% annualized return. 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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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's dividend yield for the trailing twelve months is around 2.77%, more than SPLG's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBGIX Neuberger Berman Genesis Fund Institutional Class | 2.77% | 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 | 1.23% | 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 6.34% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.77%. 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.