NBGNX vs. VINIX

Last updated Jun 4, 2026

NBGNX (Neuberger Berman Genesis Fund) and VINIX (Vanguard Institutional Index Fund Institutional Shares) are both mutual funds - NBGNX is a Small Cap Growth Equities fund managed by Neuberger Berman, while VINIX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, NBGNX returned 8.99%/yr vs 15.72%/yr for VINIX. A 0.79 correlation means they provide meaningful diversification when combined. NBGNX charges 0.99%/yr vs 0.04%/yr for VINIX.

Performance

NBGNX vs. VINIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Genesis Fund (NBGNX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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 lower than VINIX's 11.69% return. Over the past 10 years, NBGNX has underperformed VINIX with an annualized return of 8.99%, while VINIX has yielded a comparatively higher 15.72% annualized 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%

VINIX

• 1D: 0.13%
• 1M: 5.80%
• YTD: 11.69%
• 6M: 11.73%
• 1Y: 28.97%
• 3Y*: 23.15%
• 5Y*: 14.40%
• 10Y*: 15.72%

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

NBGNX vs. VINIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NBGNX Neuberger Berman Genesis Fund	6.50%	-4.70%	9.04%	15.57%	-19.49%	18.07%	24.86%	29.47%	-6.91%	15.83%
VINIX Vanguard Institutional Index Fund Institutional Shares	11.69%	17.85%	26.28%	25.77%	-18.15%	28.67%	18.40%	31.46%	-4.42%	21.79%

Correlation

The correlation between NBGNX and VINIX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Aug 1, 1990	0.79

The correlation between NBGNX and VINIX shifts across timeframes, from 0.67 (1 year) to 0.83 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

NBGNX vs. VINIX — 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

VINIX

VINIX Risk / Return Rank: 73
VINIX Sharpe Ratio Rank: 75
VINIX Sortino Ratio Rank: 67
VINIX Omega Ratio Rank: 67
VINIX Calmar Ratio Rank: 74
VINIX Martin Ratio Rank: 83

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. VINIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Genesis Fund (NBGNX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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	VINIX	Difference
Sharpe ratio: Return per unit of total volatility	0.56	2.52	-1.96
Sortino ratio: Return per unit of downside risk	0.96	3.42	-2.46
Omega ratio: Gain probability vs. loss probability	1.11	1.46	-0.35
Calmar ratio: Return relative to maximum drawdown	0.84	3.35	-2.52
Martin ratio: Return relative to average drawdown	2.25	15.68	-13.43
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. VINIX - Sharpe Ratio Comparison

The current NBGNX Sharpe Ratio is 0.56, which is lower than the VINIX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of NBGNX and VINIX, 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	VINIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	2.52	-1.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.86	-0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.87	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.61	+0.04

Drawdowns

NBGNX vs. VINIX - Drawdown Comparison

The maximum NBGNX drawdown since its inception was -51.75%, smaller than the maximum VINIX drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NBGNX and VINIX.

Drawdown Indicators

	NBGNX	VINIX	Difference
Max Drawdown Largest peak-to-trough decline	-51.75%	-55.19%	+3.44%
Max Drawdown (1Y) Largest decline over 1 year	-10.77%	-8.90%	-1.87%
Max Drawdown (3Y) Largest decline over 3 years	-27.51%	-18.75%	-8.76%
Max Drawdown (5Y) Largest decline over 5 years	-28.33%	-24.51%	-3.82%
Max Drawdown (10Y) Largest decline over 10 years	-34.53%	-33.79%	-0.74%
Current Drawdown Current decline from peak	-9.29%	0.00%	-9.29%
Average Drawdown Average peak-to-trough decline	-7.15%	-8.53%	+1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	1.90%	+2.09%

Volatility

NBGNX vs. VINIX - Volatility Comparison

Neuberger Berman Genesis Fund (NBGNX) has a higher volatility of 4.06% compared to Vanguard Institutional Index Fund Institutional Shares (VINIX) at 2.83%. This indicates that NBGNX's price experiences larger fluctuations and is considered to be riskier than VINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBGNX	VINIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	2.83%	+1.23%
Volatility (6M) Calculated over the trailing 6-month period	11.31%	8.98%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	11.86%	+4.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.66%	16.89%	+2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.22%	18.06%	+2.16%

NBGNX vs. VINIX - Expense Ratio Comparison

NBGNX has a 0.99% expense ratio, which is higher than VINIX's 0.04% expense ratio.

Dividends

NBGNX vs. VINIX - Dividend Comparison

NBGNX's dividend yield for the trailing twelve months is around 15.36%, more than VINIX's 2.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VINIX Vanguard Institutional Index Fund Institutional Shares	2.40%	2.10%	3.64%	2.65%	3.38%	4.77%	3.06%	2.85%	2.43%	1.82%	2.36%	2.45%

Frequently Asked Questions

Can I hold both NBGNX and VINIX in my portfolio?

NBGNX and VINIX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBGNX or VINIX?

NBGNX has higher volatility (4.06%) compared to VINIX (2.83%). In terms of maximum drawdown, NBGNX dropped -51.75% vs VINIX's -55.19%.

Which has better risk-adjusted returns?

VINIX currently has the higher Sharpe Ratio (2.52 vs 0.56), 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.