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:
0.73
SPLG:
2.16
NBGIX:
1.14
SPLG:
2.86
NBGIX:
1.13
SPLG:
1.40
NBGIX:
0.68
SPLG:
3.25
NBGIX:
2.80
SPLG:
13.58
NBGIX:
4.59%
SPLG:
2.02%
NBGIX:
17.68%
SPLG:
12.72%
NBGIX:
-51.35%
SPLG:
-54.52%
NBGIX:
-9.47%
SPLG:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with NBGIX having a 3.33% return and SPLG slightly higher at 3.48%. Over the past 10 years, NBGIX has underperformed SPLG with an annualized return of 3.66%, while SPLG has yielded a comparatively higher 13.53% annualized return.
NBGIX
3.33%
2.66%
2.22%
12.00%
5.69%
3.66%
SPLG
3.48%
1.97%
12.84%
26.81%
14.89%
13.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 Rank
NBGIX
SPLG
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 1.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBGIX Neuberger Berman Genesis Fund Institutional Class | 0.00% | 0.00% | 3.29% | 11.19% | 0.00% | 0.03% | 0.22% | 0.28% | 0.39% | 0.34% | 0.42% | 0.33% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
NBGIX vs. SPLG - Drawdown Comparison
The maximum NBGIX drawdown since its inception was -51.35%, smaller than the maximum SPLG drawdown of -54.52%. 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
The current volatility for Neuberger Berman Genesis Fund Institutional Class (NBGIX) is 3.67%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 4.03%. This indicates that NBGIX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.