NBGIX vs. WFSPX
Compare and contrast key facts about Neuberger Berman Genesis Fund Institutional Class (NBGIX) and iShares S&P 500 Index Fund (WFSPX).
NBGIX is managed by Neuberger Berman. It was launched on Jul 1, 1999. WFSPX is managed by Blackrock. It was launched on Jul 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBGIX or WFSPX.
Key characteristics
| NBGIX | WFSPX | |
|---|---|---|
| YTD Return | 19.22% | 26.79% |
| 1Y Return | 35.80% | 37.33% |
| 3Y Return (Ann) | 0.00% | 9.83% |
| 5Y Return (Ann) | 7.19% | 15.66% |
| 10Y Return (Ann) | 3.41% | 13.10% |
| Sharpe Ratio | 1.94 | 3.03 |
| Sortino Ratio | 2.76 | 4.04 |
| Omega Ratio | 1.34 | 1.57 |
| Calmar Ratio | 1.34 | 4.41 |
| Martin Ratio | 11.79 | 19.94 |
| Ulcer Index | 3.05% | 1.87% |
| Daily Std Dev | 18.53% | 12.27% |
| Max Drawdown | -51.35% | -89.72% |
| Current Drawdown | -1.01% | -0.28% |
Correlation
The correlation between NBGIX and WFSPX 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. WFSPX - Performance Comparison
In the year-to-date period, NBGIX achieves a 19.22% return, which is significantly lower than WFSPX's 26.79% return. Over the past 10 years, NBGIX has underperformed WFSPX with an annualized return of 3.41%, while WFSPX has yielded a comparatively higher 13.10% 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. WFSPX - Expense Ratio Comparison
NBGIX has a 0.84% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Risk-Adjusted Performance
NBGIX vs. WFSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Genesis Fund Institutional Class (NBGIX) and iShares S&P 500 Index Fund (WFSPX). 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. WFSPX - Dividend Comparison
NBGIX's dividend yield for the trailing twelve months is around 2.76%, more than WFSPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBGIX Neuberger Berman Genesis Fund Institutional Class | 2.76% | 3.29% | 11.19% | 0.00% | 0.03% | 0.22% | 0.28% | 0.39% | 0.34% | 0.42% | 0.33% | 0.52% |
WFSPX iShares S&P 500 Index Fund | 1.20% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
Drawdowns
NBGIX vs. WFSPX - Drawdown Comparison
The maximum NBGIX drawdown since its inception was -51.35%, smaller than the maximum WFSPX drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for NBGIX and WFSPX. For additional features, visit the drawdowns tool.
Volatility
NBGIX vs. WFSPX - Volatility Comparison
Neuberger Berman Genesis Fund Institutional Class (NBGIX) has a higher volatility of 6.34% compared to iShares S&P 500 Index Fund (WFSPX) at 3.85%. This indicates that NBGIX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.