NBRVX vs. NMANX
NBRVX (Neuberger Berman Mid Cap Intrinsic Value Fund) and NMANX (Neuberger Berman Mid Cap Growth Fund) are both mutual funds - NBRVX is a Mid Cap Value Equities fund managed by Neuberger Berman, while NMANX is a Mid Cap Growth Equities fund managed by Neuberger Berman. Over the past 10 years, NBRVX returned 7.66%/yr vs 11.29%/yr for NMANX. Their correlation of 0.81 means they have usually moved in the same direction. NBRVX charges 1.49%/yr vs 0.83%/yr for NMANX.
Performance
NBRVX vs. NMANX - Performance Comparison
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Returns By Period
In the year-to-date period, NBRVX achieves a 14.17% return, which is significantly higher than NMANX's 2.39% return. Over the past 10 years, NBRVX has underperformed NMANX with an annualized return of 7.66%, while NMANX has yielded a comparatively higher 11.29% annualized return.
NBRVX
- 1D
- 0.60%
- 1M
- -0.99%
- 6M
- 10.42%
- YTD
- 14.17%
- 1Y
- 28.55%
- 3Y*
- 12.27%
- 5Y*
- 8.34%
- 10Y*
- 7.66%
- ALL TIME*
- 6.44%
NMANX
- 1D
- 2.04%
- 1M
- -4.21%
- 6M
- 0.54%
- YTD
- 2.39%
- 1Y
- -2.04%
- 3Y*
- 11.39%
- 5Y*
- 2.50%
- 10Y*
- 11.29%
- ALL TIME*
- 10.31%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
NBRVX vs. NMANX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NBRVX Neuberger Berman Mid Cap Intrinsic Value Fund | 14.17% | 11.01% | 9.11% | 11.05% | -9.75% | 32.67% | -4.29% | 17.22% | -14.98% | 9.69% |
NMANX Neuberger Berman Mid Cap Growth Fund | 2.39% | 5.51% | 24.39% | 18.21% | -28.82% | 12.42% | 39.45% | 33.62% | -6.28% | 29.01% |
Correlation
The correlation between NBRVX and NMANX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 28, 1999 | 0.81 |
The correlation between NBRVX and NMANX has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.
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Return for Risk
NBRVX vs. NMANX — Risk / Return Rank
NBRVX
NMANX
NBRVX vs. NMANX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Mid Cap Intrinsic Value Fund (NBRVX) and Neuberger Berman Mid Cap Growth Fund (NMANX). 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.
| NBRVX | NMANX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.99 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | -0.23 | +2.75 |
| Martin ratioReturn relative to average drawdown | 9.62 | -0.64 | +10.26 |
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Drawdowns
NBRVX vs. NMANX - Drawdown Comparison
The maximum NBRVX drawdown since its inception was -65.68%, smaller than the maximum NMANX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for NBRVX and NMANX.
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Drawdown Indicators
| NBRVX | NMANX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.68% | -72.14% | +6.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.88% | -17.71% | +7.83% |
Max Drawdown (3Y)Largest decline over 3 years | -24.62% | -25.93% | +1.31% |
Max Drawdown (5Y)Largest decline over 5 years | -24.62% | -38.10% | +13.48% |
Max Drawdown (10Y)Largest decline over 10 years | -52.24% | -38.10% | -14.14% |
Current DrawdownCurrent decline from peak | -1.67% | -8.53% | +6.86% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -17.36% | +6.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 6.40% | -3.77% |
Volatility
NBRVX vs. NMANX - Volatility Comparison
The current volatility for Neuberger Berman Mid Cap Intrinsic Value Fund (NBRVX) is 3.53%, while Neuberger Berman Mid Cap Growth Fund (NMANX) has a volatility of 5.70%. This indicates that NBRVX experiences smaller price fluctuations and is considered to be less risky than NMANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBRVX | NMANX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 5.70% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 11.61% | 17.55% | -5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.94% | 22.12% | -6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.21% | 23.50% | -4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.40% | 22.58% | -1.18% |
NBRVX vs. NMANX - Expense Ratio Comparison
NBRVX has a 1.49% expense ratio, which is higher than NMANX's 0.83% expense ratio.
Dividends
NBRVX vs. NMANX - Dividend Comparison
NBRVX's dividend yield for the trailing twelve months is around 9.84%, less than NMANX's 22.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBRVX Neuberger Berman Mid Cap Intrinsic Value Fund | 9.84% | 11.23% | 6.19% | 1.94% | 0.90% | 0.54% | 0.04% | 1.10% | 9.15% | 0.49% | 0.52% | 12.52% |
NMANX Neuberger Berman Mid Cap Growth Fund | 22.56% | 23.10% | 9.85% | 3.19% | 4.87% | 16.30% | 9.58% | 5.43% | 11.70% | 8.94% | 5.00% | 9.00% |
Frequently Asked Questions
NBRVX and NMANX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NMANX has higher volatility (5.70%) compared to NBRVX (3.53%). In terms of maximum drawdown, NBRVX dropped -65.68% vs NMANX's -72.14%.
NBRVX currently has the higher Sharpe Ratio (1.57 vs -0.19), 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.
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