NBGIX vs. SPY
Compare and contrast key facts about Neuberger Berman Genesis Fund Institutional Class (NBGIX) and SPDR S&P 500 ETF (SPY).
NBGIX is managed by Neuberger Berman. It was launched on Jul 1, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBGIX or SPY.
Correlation
The correlation between NBGIX and SPY is 0.84, 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. SPY - Performance Comparison
Key characteristics
NBGIX:
0.83
SPY:
2.20
NBGIX:
1.28
SPY:
2.92
NBGIX:
1.15
SPY:
1.41
NBGIX:
0.78
SPY:
3.35
NBGIX:
3.24
SPY:
14.01
NBGIX:
4.55%
SPY:
2.01%
NBGIX:
17.71%
SPY:
12.76%
NBGIX:
-51.35%
SPY:
-55.19%
NBGIX:
-8.88%
SPY:
-0.45%
Returns By Period
In the year-to-date period, NBGIX achieves a 4.01% return, which is significantly higher than SPY's 2.90% return. Over the past 10 years, NBGIX has underperformed SPY with an annualized return of 3.73%, while SPY has yielded a comparatively higher 13.39% annualized return.
NBGIX
4.01%
3.26%
1.05%
12.14%
5.62%
3.73%
SPY
2.90%
2.01%
9.60%
26.34%
14.48%
13.39%
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NBGIX vs. SPY - Expense Ratio Comparison
NBGIX has a 0.84% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
NBGIX vs. SPY — Risk-Adjusted Performance Rank
NBGIX
SPY
NBGIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Genesis Fund Institutional Class (NBGIX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
NBGIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
| 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% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NBGIX vs. SPY - Drawdown Comparison
The maximum NBGIX drawdown since its inception was -51.35%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NBGIX and SPY. For additional features, visit the drawdowns tool.
Volatility
NBGIX vs. SPY - Volatility Comparison
Neuberger Berman Genesis Fund Institutional Class (NBGIX) and SPDR S&P 500 ETF (SPY) have volatilities of 5.40% and 5.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.