NBGNX vs. CMCIX

Last updated Jun 4, 2026

NBGNX (Neuberger Berman Genesis Fund) and CMCIX (Calvert Small/Mid-Cap Fund Class I) are both Small Cap Growth Equities funds. Over the past year, NBGNX returned 7.41% vs -0.28% for CMCIX. Their correlation of 0.93 suggests significant overlap in exposure. NBGNX charges 0.99%/yr vs 1.26%/yr for CMCIX.

Performance

NBGNX vs. CMCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Genesis Fund (NBGNX) and Calvert Small/Mid-Cap Fund Class I (CMCIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBGNX achieves a 6.50% return, which is significantly higher than CMCIX's 2.66% return.

NBGNX

• 1D: 0.55%
• 1M: 0.48%
• YTD: 6.50%
• 6M: 4.16%
• 1Y: 7.41%
• 3Y*: 6.32%
• 5Y*: 2.65%
• 10Y*: 8.99%

CMCIX

• 1D: 0.93%
• 1M: 1.13%
• YTD: 2.66%
• 6M: 1.11%
• 1Y: -0.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NBGNX vs. CMCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NBGNX Neuberger Berman Genesis Fund	6.50%	-4.70%	9.04%	7.47%
CMCIX Calvert Small/Mid-Cap Fund Class I	2.66%	-5.28%	10.46%	7.81%

Correlation

The correlation between NBGNX and CMCIX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Sep 20, 2023	0.93

The correlation between NBGNX and CMCIX has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

NBGNX vs. CMCIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBGNX

NBGNX Risk / Return Rank: 7
NBGNX Sharpe Ratio Rank: 7
NBGNX Sortino Ratio Rank: 7
NBGNX Omega Ratio Rank: 7
NBGNX Calmar Ratio Rank: 8
NBGNX Martin Ratio Rank: 7

CMCIX

CMCIX Risk / Return Rank: 3
CMCIX Sharpe Ratio Rank: 3
CMCIX Sortino Ratio Rank: 3
CMCIX Omega Ratio Rank: 3
CMCIX Calmar Ratio Rank: 3
CMCIX Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NBGNX vs. CMCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Genesis Fund (NBGNX) and Calvert Small/Mid-Cap Fund Class I (CMCIX). 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.

	NBGNX	CMCIX	Difference
Sharpe ratio: Return per unit of total volatility	0.56	0.07	+0.50
Sortino ratio: Return per unit of downside risk	0.96	0.21	+0.75
Omega ratio: Gain probability vs. loss probability	1.11	1.02	+0.08
Calmar ratio: Return relative to maximum drawdown	0.84	0.09	+0.75
Martin ratio: Return relative to average drawdown	2.25	0.20	+2.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NBGNX vs. CMCIX - Sharpe Ratio Comparison

The current NBGNX Sharpe Ratio is 0.56, which is higher than the CMCIX Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of NBGNX and CMCIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NBGNX	CMCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	0.07	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.34	+0.31

Drawdowns

NBGNX vs. CMCIX - Drawdown Comparison

The maximum NBGNX drawdown since its inception was -51.75%, which is greater than CMCIX's maximum drawdown of -21.50%. Use the drawdown chart below to compare losses from any high point for NBGNX and CMCIX.

Drawdown Indicators

	NBGNX	CMCIX	Difference
Max Drawdown Largest peak-to-trough decline	-51.75%	-21.50%	-30.25%
Max Drawdown (1Y) Largest decline over 1 year	-10.77%	-11.68%	+0.91%
Max Drawdown (3Y) Largest decline over 3 years	-27.51%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.33%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.53%	—	—
Current Drawdown Current decline from peak	-9.29%	-9.96%	+0.67%
Average Drawdown Average peak-to-trough decline	-7.15%	-6.45%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	4.99%	-1.00%

Volatility

NBGNX vs. CMCIX - Volatility Comparison

Neuberger Berman Genesis Fund (NBGNX) and Calvert Small/Mid-Cap Fund Class I (CMCIX) have volatilities of 4.06% and 3.90%, 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.

Volatility by Period

	NBGNX	CMCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	3.90%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	11.31%	10.59%	+0.72%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	15.15%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.66%	16.54%	+3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.22%	16.54%	+3.68%

NBGNX vs. CMCIX - Expense Ratio Comparison

NBGNX has a 0.99% expense ratio, which is lower than CMCIX's 1.26% expense ratio.

Dividends

NBGNX vs. CMCIX - Dividend Comparison

NBGNX's dividend yield for the trailing twelve months is around 15.36%, more than CMCIX's 4.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMCIX Calvert Small/Mid-Cap Fund Class I	4.14%	4.25%	7.13%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NBGNX Neuberger Berman Genesis Fund	15.36%	16.36%	2.15%	3.03%	11.05%	10.92%	3.84%	5.82%	12.24%	13.89%	11.21%	18.52%

Frequently Asked Questions

Can I hold both NBGNX and CMCIX in my portfolio?

With a correlation of 0.94, NBGNX and CMCIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, NBGNX or CMCIX?

NBGNX has higher volatility (4.06%) compared to CMCIX (3.90%). In terms of maximum drawdown, NBGNX dropped -51.75% vs CMCIX's -21.50%.

Which has better risk-adjusted returns?

NBGNX currently has the higher Sharpe Ratio (0.56 vs 0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.