NBHIX vs. ACIIX

Last updated Aug 1, 2026

NBHIX (Neuberger Berman Equity Income Fund) and ACIIX (American Century Equity Income Fund Class I) are both Dividend funds. Over the past 10 years, NBHIX returned 9.35%/yr vs 9.16%/yr for ACIIX. Their correlation of 0.89 means they have usually moved in the same direction. NBHIX charges 0.70%/yr vs 0.72%/yr for ACIIX.

Performance

NBHIX vs. ACIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Equity Income Fund (NBHIX) and American Century Equity Income Fund Class I (ACIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBHIX achieves a 9.03% return, which is significantly lower than ACIIX's 13.38% return. Both investments have delivered pretty close results over the past 10 years, with NBHIX having a 9.35% annualized return and ACIIX not far behind at 9.16%.

NBHIX

• 1D: 0.60%
• 1M: 1.40%
• 6M: 3.61%
• YTD: 9.03%
• 1Y: 16.92%
• 3Y*: 13.48%
• 5Y*: 9.25%
• 10Y*: 9.35%
• ALL TIME*: 8.05%

ACIIX

• 1D: 0.00%
• 1M: 2.27%
• 6M: 9.01%
• YTD: 13.38%
• 1Y: 19.83%
• 3Y*: 11.90%
• 5Y*: 8.20%
• 10Y*: 9.16%
• ALL TIME*: 7.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ACIIX American Century Equity Income Fund Class I	$0.00	$0.00	$0.00
NBHIX Neuberger Berman Equity Income Fund	$0.00	$0.00	$0.00

NBHIX vs. ACIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NBHIX Neuberger Berman Equity Income Fund	9.03%	17.69%	13.38%	3.87%	-4.24%	21.67%	3.00%	21.52%	-5.57%	13.26%
ACIIX American Century Equity Income Fund Class I	13.38%	12.05%	10.58%	4.25%	-2.96%	17.16%	1.19%	24.50%	-3.53%	13.69%

Correlation

The correlation between NBHIX and ACIIX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Nov 2, 2006	0.89

The correlation between NBHIX and ACIIX has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.

Return for Risk

NBHIX vs. ACIIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NBHIX

NBHIX Risk / Return Rank: 48
NBHIX Sharpe Ratio Rank: 55
NBHIX Sortino Ratio Rank: 52
NBHIX Omega Ratio Rank: 51
NBHIX Calmar Ratio Rank: 45
NBHIX Martin Ratio Rank: 35

ACIIX

ACIIX Risk / Return Rank: 84
ACIIX Sharpe Ratio Rank: 87
ACIIX Sortino Ratio Rank: 88
ACIIX Omega Ratio Rank: 82
ACIIX Calmar Ratio Rank: 85
ACIIX Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NBHIX vs. ACIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Equity Income Fund (NBHIX) and American Century Equity Income Fund Class I (ACIIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NBHIX	ACIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	2.13	-0.70
Sortino ratio: Return per unit of downside risk	2.00	3.23	-1.23
Omega ratio: Gain probability vs. loss probability	1.25	1.38	-0.12
Calmar ratio: Return relative to maximum drawdown	1.77	2.87	-1.09
Martin ratio: Return relative to average drawdown	5.20	9.45	-4.24

NBHIX vs. ACIIX - Sharpe Ratio Comparison

The current NBHIX Sharpe Ratio is 1.43, which is lower than the ACIIX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of NBHIX and ACIIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NBHIX vs. ACIIX - Drawdown Comparison

The maximum NBHIX drawdown since its inception was -40.07%, roughly equal to the maximum ACIIX drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for NBHIX and ACIIX.

Drawdown Indicators

	NBHIX	ACIIX	Difference
Max Drawdown Largest peak-to-trough decline	-40.07%	-39.16%	-0.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.72%	-6.38%	-2.34%
Max Drawdown (3Y) Largest decline over 3 years	-11.22%	-10.15%	-1.07%
Max Drawdown (5Y) Largest decline over 5 years	-17.90%	-13.49%	-4.41%
Max Drawdown (10Y) Largest decline over 10 years	-33.97%	-32.76%	-1.21%
Current Drawdown Current decline from peak	-1.87%	-0.63%	-1.24%
Average Drawdown Average peak-to-trough decline	-4.92%	-5.22%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	1.93%	+1.03%

Volatility

NBHIX vs. ACIIX - Volatility Comparison

Neuberger Berman Equity Income Fund (NBHIX) and American Century Equity Income Fund Class I (ACIIX) have volatilities of 2.78% and 2.92%, 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

	NBHIX	ACIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.78%	2.92%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	8.50%	6.54%	+1.96%
Volatility (1Y) Calculated over the trailing 1-year period	10.85%	8.61%	+2.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.60%	10.78%	+2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.73%	13.34%	+1.39%

NBHIX vs. ACIIX - Expense Ratio Comparison

NBHIX has a 0.70% expense ratio, which is lower than ACIIX's 0.72% expense ratio.

Dividends

NBHIX vs. ACIIX - Dividend Comparison

NBHIX's dividend yield for the trailing twelve months is around 1.49%, less than ACIIX's 9.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACIIX American Century Equity Income Fund Class I	9.48%	10.55%	11.71%	8.21%	8.96%	7.02%	2.18%	7.57%	9.05%	12.14%	8.08%	10.72%
NBHIX Neuberger Berman Equity Income Fund	1.49%	1.54%	7.09%	6.16%	7.83%	10.73%	2.18%	5.75%	7.71%	6.77%	5.92%	6.72%

Frequently Asked Questions

Can I hold both NBHIX and ACIIX in my portfolio?

NBHIX and ACIIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBHIX or ACIIX?

ACIIX has higher volatility (2.92%) compared to NBHIX (2.78%). In terms of maximum drawdown, NBHIX dropped -40.07% vs ACIIX's -39.16%.

Which has better risk-adjusted returns?

ACIIX currently has the higher Sharpe Ratio (2.13 vs 1.43), 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.