NBSRX vs. ^GSPC
NBSRX (Neuberger Berman Sustainable Equity Fund) is Large Cap Blend Equities fund managed by Neuberger Berman, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, NBSRX returned 15.18%/yr vs 13.71%/yr for ^GSPC. Their correlation of 0.93 suggests significant overlap in exposure.
Performance
NBSRX vs. ^GSPC - Performance Comparison
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Returns By Period
In the year-to-date period, NBSRX achieves a 14.50% return, which is significantly higher than ^GSPC's 7.60% return. Over the past 10 years, NBSRX has outperformed ^GSPC with an annualized return of 15.18%, while ^GSPC has yielded a comparatively lower 13.71% annualized return.
NBSRX
- 1D
- -2.20%
- 1M
- 3.89%
- YTD
- 14.50%
- 6M
- 13.75%
- 1Y
- 31.59%
- 3Y*
- 24.81%
- 5Y*
- 14.38%
- 10Y*
- 15.18%
^GSPC
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
NBSRX vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NBSRX Neuberger Berman Sustainable Equity Fund | 14.50% | 17.37% | 28.23% | 26.76% | -18.81% | 23.30% | 19.35% | 25.95% | -6.00% | 18.84% |
^GSPC S&P 500 Index | 7.60% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between NBSRX and ^GSPC is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 1994 | 0.93 |
The correlation between NBSRX and ^GSPC has been stable across timeframes, ranging from 0.86 to 0.94 - a consistent structural relationship.
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Return for Risk
NBSRX vs. ^GSPC — Risk / Return Rank
NBSRX
^GSPC
NBSRX vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Sustainable Equity Fund (NBSRX) 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.
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.
| NBSRX | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.32 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 2.46 | +0.83 |
| Martin ratioReturn relative to average drawdown | 13.99 | 10.92 | +3.07 |
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Drawdowns
NBSRX vs. ^GSPC - Drawdown Comparison
The maximum NBSRX drawdown since its inception was -53.74%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NBSRX and ^GSPC.
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Drawdown Indicators
| NBSRX | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.74% | -56.78% | +3.04% |
Max Drawdown (1Y)Largest decline over 1 year | -10.03% | -9.10% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -16.28% | -18.90% | +2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -25.39% | -25.43% | +0.04% |
Max Drawdown (10Y)Largest decline over 10 years | -34.07% | -33.92% | -0.15% |
Current DrawdownCurrent decline from peak | -3.00% | -3.21% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -7.05% | -10.71% | +3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 2.04% | +0.31% |
Volatility
NBSRX vs. ^GSPC - Volatility Comparison
Neuberger Berman Sustainable Equity Fund (NBSRX) has a higher volatility of 6.41% compared to S&P 500 Index (^GSPC) at 4.89%. This indicates that NBSRX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBSRX | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 4.89% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 9.93% | +1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.40% | 12.57% | +1.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.35% | 17.00% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 18.08% | -0.50% |
Frequently Asked Questions
NBSRX and ^GSPC have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NBSRX has higher volatility (6.41%) compared to ^GSPC (4.89%). In terms of maximum drawdown, NBSRX dropped -53.74% vs ^GSPC's -56.78%.
NBSRX currently has the higher Sharpe Ratio (2.29 vs 1.78), 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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