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 | 10.13% | 18.95% |
1Y Return | 18.73% | 28.24% |
3Y Return (Ann) | 3.53% | 9.93% |
5Y Return (Ann) | 10.16% | 15.34% |
10Y Return (Ann) | 10.25% | 12.89% |
Sharpe Ratio | 1.00 | 2.23 |
Daily Std Dev | 18.24% | 12.57% |
Max Drawdown | -51.35% | -54.50% |
Current Drawdown | -1.92% | -0.60% |
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 10.13% return, which is significantly lower than SPLG's 18.95% return. Over the past 10 years, NBGIX has underperformed SPLG with an annualized return of 10.25%, while SPLG has yielded a comparatively higher 12.89% 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 2.85%, more than SPLG's 0.98% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Neuberger Berman Genesis Fund Institutional Class | 2.85% | 3.13% | 11.11% | 10.91% | 3.87% | 6.00% | 12.49% | 14.10% | 6.53% | 11.28% | 9.01% | 7.79% |
SPDR Portfolio S&P 500 ETF | 0.98% | 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 5.58% 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.