NBSRX vs. BTMFX

Last updated Jun 23, 2026

NBSRX (Neuberger Berman Sustainable Equity Fund) and BTMFX (Boston Trust Midcap Fund) are both mutual funds - NBSRX is a Large Cap Blend Equities fund managed by Neuberger Berman, while BTMFX is a Mid Cap Blend Equities fund managed by Boston Trust Walden. Over the past 10 years, NBSRX returned 15.08%/yr vs 10.15%/yr for BTMFX. Their correlation of 0.90 suggests significant overlap in exposure. NBSRX charges 0.85%/yr vs 1.00%/yr for BTMFX.

Performance

NBSRX vs. BTMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Sustainable Equity Fund (NBSRX) and Boston Trust Midcap Fund (BTMFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBSRX achieves a 17.07% return, which is significantly higher than BTMFX's 2.05% return. Over the past 10 years, NBSRX has outperformed BTMFX with an annualized return of 15.08%, while BTMFX has yielded a comparatively lower 10.15% annualized return.

NBSRX

• 1D: 0.71%
• 1M: 6.22%
• YTD: 17.07%
• 6M: 16.89%
• 1Y: 35.60%
• 3Y*: 25.35%
• 5Y*: 15.17%
• 10Y*: 15.08%

BTMFX

• 1D: 0.64%
• 1M: 0.77%
• YTD: 2.05%
• 6M: 0.69%
• 1Y: 7.62%
• 3Y*: 8.12%
• 5Y*: 6.26%
• 10Y*: 10.15%

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

NBSRX vs. BTMFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NBSRX Neuberger Berman Sustainable Equity Fund	17.07%	17.37%	28.23%	26.76%	-18.81%	23.30%	19.35%	25.95%	-6.00%	18.84%
BTMFX Boston Trust Midcap Fund	2.05%	4.29%	10.27%	13.06%	-10.91%	24.77%	9.72%	33.00%	-3.36%	20.01%

Correlation

The correlation between NBSRX and BTMFX is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007	0.90

Over the past year, the correlation between NBSRX and BTMFX has dropped to 0.60 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.

Return for Risk

NBSRX vs. BTMFX — Risk / Return Rank

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

NBSRX

NBSRX Risk / Return Rank: 82
NBSRX Sharpe Ratio Rank: 81
NBSRX Sortino Ratio Rank: 83
NBSRX Omega Ratio Rank: 78
NBSRX Calmar Ratio Rank: 81
NBSRX Martin Ratio Rank: 85

BTMFX

BTMFX Risk / Return Rank: 9
BTMFX Sharpe Ratio Rank: 8
BTMFX Sortino Ratio Rank: 9
BTMFX Omega Ratio Rank: 8
BTMFX Calmar Ratio Rank: 11
BTMFX Martin Ratio Rank: 10

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.

NBSRX vs. BTMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Sustainable Equity Fund (NBSRX) and Boston Trust Midcap Fund (BTMFX). 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	BTMFX	Difference
Sharpe ratio: Return per unit of total volatility	2.45	0.65	+1.80
Sortino ratio: Return per unit of downside risk	3.61	1.05	+2.56
Omega ratio: Gain probability vs. loss probability	1.46	1.12	+0.34
Calmar ratio: Return relative to maximum drawdown	3.47	1.00	+2.48
Martin ratio: Return relative to average drawdown	14.85	2.75	+12.10

NBSRX vs. BTMFX - Sharpe Ratio Comparison

The current NBSRX Sharpe Ratio is 2.45, which is higher than the BTMFX Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of NBSRX and BTMFX, 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

NBSRX vs. BTMFX - Drawdown Comparison

The maximum NBSRX drawdown since its inception was -53.74%, which is greater than BTMFX's maximum drawdown of -49.26%. Use the drawdown chart below to compare losses from any high point for NBSRX and BTMFX.

Drawdown Indicators

	NBSRX	BTMFX	Difference
Max Drawdown Largest peak-to-trough decline	-53.74%	-49.26%	-4.48%
Max Drawdown (1Y) Largest decline over 1 year	-10.03%	-7.79%	-2.24%
Max Drawdown (3Y) Largest decline over 3 years	-16.28%	-17.77%	+1.49%
Max Drawdown (5Y) Largest decline over 5 years	-25.39%	-20.79%	-4.60%
Max Drawdown (10Y) Largest decline over 10 years	-34.07%	-37.14%	+3.07%
Current Drawdown Current decline from peak	-0.82%	-2.42%	+1.60%
Average Drawdown Average peak-to-trough decline	-7.05%	-6.15%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	2.83%	-0.49%

Volatility

NBSRX vs. BTMFX - Volatility Comparison

Neuberger Berman Sustainable Equity Fund (NBSRX) has a higher volatility of 5.92% compared to Boston Trust Midcap Fund (BTMFX) at 3.28%. This indicates that NBSRX's price experiences larger fluctuations and is considered to be riskier than BTMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBSRX	BTMFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.92%	3.28%	+2.64%
Volatility (6M) Calculated over the trailing 6-month period	10.73%	8.18%	+2.55%
Volatility (1Y) Calculated over the trailing 1-year period	14.22%	11.90%	+2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.32%	15.76%	+0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.57%	17.44%	+0.13%

NBSRX vs. BTMFX - Expense Ratio Comparison

NBSRX has a 0.85% expense ratio, which is lower than BTMFX's 1.00% expense ratio.

Dividends

NBSRX vs. BTMFX - Dividend Comparison

NBSRX's dividend yield for the trailing twelve months is around 2.01%, less than BTMFX's 10.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTMFX Boston Trust Midcap Fund	10.64%	10.86%	4.23%	4.41%	4.71%	4.91%	1.98%	6.95%	5.96%	6.61%	7.03%	6.60%
NBSRX Neuberger Berman Sustainable Equity Fund	2.01%	2.35%	5.88%	9.72%	10.06%	10.35%	6.16%	9.08%	10.03%	6.14%	4.53%	6.40%

Frequently Asked Questions

Can I hold both NBSRX and BTMFX in my portfolio?

NBSRX and BTMFX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBSRX or BTMFX?

NBSRX has higher volatility (5.92%) compared to BTMFX (3.28%). In terms of maximum drawdown, NBSRX dropped -53.74% vs BTMFX's -49.26%.

Which has better risk-adjusted returns?

NBSRX currently has the higher Sharpe Ratio (2.45 vs 0.65), 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.