NCRLX vs. FTRBX
Compare and contrast key facts about Neuberger Berman Core Bond Fund (NCRLX) and Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX).
NCRLX is managed by Neuberger Berman. It was launched on Sep 29, 1995. FTRBX is managed by Federated. It was launched on Oct 1, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NCRLX or FTRBX.
Key characteristics
| NCRLX | FTRBX | |
|---|---|---|
| YTD Return | 4.99% | 5.39% |
| 1Y Return | 11.22% | 10.89% |
| 3Y Return (Ann) | -1.54% | -1.27% |
| 5Y Return (Ann) | 0.99% | 1.05% |
| 10Y Return (Ann) | 2.10% | 2.26% |
| Sharpe Ratio | 1.67 | 1.90 |
| Daily Std Dev | 6.48% | 6.45% |
| Max Drawdown | -18.51% | -17.25% |
| Current Drawdown | -4.95% | -4.56% |
Correlation
The correlation between NCRLX and FTRBX is 0.90, 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.
Performance
NCRLX vs. FTRBX - Performance Comparison
In the year-to-date period, NCRLX achieves a 4.99% return, which is significantly lower than FTRBX's 5.39% return. Over the past 10 years, NCRLX has underperformed FTRBX with an annualized return of 2.10%, while FTRBX has yielded a comparatively higher 2.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NCRLX vs. FTRBX - Expense Ratio Comparison
Both NCRLX and FTRBX have an expense ratio of 0.39%.
Risk-Adjusted Performance
NCRLX vs. FTRBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Core Bond Fund (NCRLX) and Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX). 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.
Dividends
NCRLX vs. FTRBX - Dividend Comparison
NCRLX's dividend yield for the trailing twelve months is around 4.45%, more than FTRBX's 4.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NCRLX Neuberger Berman Core Bond Fund | 4.45% | 4.27% | 3.53% | 2.47% | 4.75% | 3.37% | 3.01% | 2.58% | 3.37% | 2.91% | 2.87% | 2.41% |
FTRBX Federated Hermes Total Return Bond Fund Institutional Shares | 4.12% | 3.82% | 3.23% | 3.85% | 2.78% | 3.38% | 3.21% | 3.20% | 3.68% | 3.45% | 3.80% | 3.96% |
Drawdowns
NCRLX vs. FTRBX - Drawdown Comparison
The maximum NCRLX drawdown since its inception was -18.51%, which is greater than FTRBX's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for NCRLX and FTRBX. For additional features, visit the drawdowns tool.
Volatility
NCRLX vs. FTRBX - Volatility Comparison
The current volatility for Neuberger Berman Core Bond Fund (NCRLX) is 1.17%, while Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX) has a volatility of 1.29%. This indicates that NCRLX experiences smaller price fluctuations and is considered to be less risky than FTRBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.