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.
Key characteristics
| NBGIX | SPY | |
|---|---|---|
| YTD Return | 10.13% | 18.86% |
| 1Y Return | 18.73% | 28.13% |
| 3Y Return (Ann) | 3.53% | 9.87% |
| 5Y Return (Ann) | 10.16% | 15.23% |
| 10Y Return (Ann) | 10.25% | 12.80% |
| Sharpe Ratio | 1.00 | 2.21 |
| Daily Std Dev | 18.24% | 12.60% |
| Max Drawdown | -51.35% | -55.19% |
| Current Drawdown | -1.92% | -0.61% |
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
In the year-to-date period, NBGIX achieves a 10.13% return, which is significantly lower than SPY's 18.86% return. Over the past 10 years, NBGIX has underperformed SPY with an annualized return of 10.25%, while SPY has yielded a comparatively higher 12.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. 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 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's dividend yield for the trailing twelve months is around 2.85%, more than SPY's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBGIX 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% |
SPY SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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) has a higher volatility of 5.58% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that NBGIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.