NBGPX vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about Columbia Capital Allocation Moderate Aggressive Portfolio (NBGPX) and S&P 500 Index (^GSPC).

NBGPX is managed by Columbia. It was launched on Oct 14, 1996.

Performance

NBGPX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Capital Allocation Moderate Aggressive Portfolio (NBGPX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

NBGPX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NBGPX Columbia Capital Allocation Moderate Aggressive Portfolio	-4.06%	17.29%	13.35%	17.73%	-17.91%	12.96%	12.98%	21.65%	-7.94%	18.82%
^GSPC S&P 500 Index	-4.63%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, NBGPX achieves a -4.06% return, which is significantly higher than ^GSPC's -4.63% return. Over the past 10 years, NBGPX has underperformed ^GSPC with an annualized return of 8.17%, while ^GSPC has yielded a comparatively higher 12.16% annualized return.

NBGPX

• 1D: -0.08%
• 1M: -6.80%
• YTD: -4.06%
• 6M: -1.59%
• 1Y: 13.87%
• 3Y*: 12.42%
• 5Y*: 6.03%
• 10Y*: 8.17%

^GSPC

• 1D: 2.91%
• 1M: -5.09%
• YTD: -4.63%
• 6M: -2.39%
• 1Y: 16.33%
• 3Y*: 16.69%
• 5Y*: 10.18%
• 10Y*: 12.16%

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

Return for Risk

NBGPX vs. ^GSPC — Risk / Return Rank

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

NBGPX

NBGPX Risk / Return Rank: 68
NBGPX Sharpe Ratio Rank: 66
NBGPX Sortino Ratio Rank: 68
NBGPX Omega Ratio Rank: 67
NBGPX Calmar Ratio Rank: 65
NBGPX Martin Ratio Rank: 74

^GSPC

^GSPC Risk / Return Rank: 74
^GSPC Sharpe Ratio Rank: 69
^GSPC Sortino Ratio Rank: 68
^GSPC Omega Ratio Rank: 76
^GSPC Calmar Ratio Rank: 73
^GSPC Martin Ratio Rank: 85

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.

NBGPX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Capital Allocation Moderate Aggressive Portfolio (NBGPX) and S&P 500 Index (^GSPC). 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.

	NBGPX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.18	0.90	+0.29
Sortino ratio Return per unit of downside risk	1.71	1.39	+0.32
Omega ratio Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio Return relative to maximum drawdown	1.51	1.40	+0.11
Martin ratio Return relative to average drawdown	7.13	6.61	+0.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NBGPX vs. ^GSPC - Sharpe Ratio Comparison

The current NBGPX Sharpe Ratio is 1.18, which is higher than the ^GSPC Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of NBGPX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NBGPX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	0.90	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.61	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.68	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.46	+0.16

Correlation

The correlation between NBGPX and ^GSPC is 0.93, 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.

Drawdowns

NBGPX vs. ^GSPC - Drawdown Comparison

The maximum NBGPX drawdown since its inception was -40.41%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NBGPX and ^GSPC.

Drawdown Indicators

	NBGPX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-40.41%	-56.78%	+16.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-12.14%	+3.66%
Max Drawdown (5Y) Largest decline over 5 years	-24.03%	-25.43%	+1.40%
Max Drawdown (10Y) Largest decline over 10 years	-26.76%	-33.92%	+7.16%
Current Drawdown Current decline from peak	-7.16%	-6.45%	-0.71%
Average Drawdown Average peak-to-trough decline	-4.74%	-10.75%	+6.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.57%	-0.78%

Volatility

NBGPX vs. ^GSPC - Volatility Comparison

The current volatility for Columbia Capital Allocation Moderate Aggressive Portfolio (NBGPX) is 3.90%, while S&P 500 Index (^GSPC) has a volatility of 5.34%. This indicates that NBGPX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBGPX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	5.34%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	6.87%	9.54%	-2.67%
Volatility (1Y) Calculated over the trailing 1-year period	11.99%	18.33%	-6.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.77%	16.91%	-5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.17%	18.05%	-5.88%