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.
Performance
NCRLX vs. FTRBX - Performance Comparison
Loading graphics...
NCRLX vs. FTRBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NCRLX Neuberger Berman Core Bond Fund | -0.38% | 7.24% | 1.90% | 5.69% | -14.36% | -1.07% | 9.50% | 9.43% | -1.06% | 3.95% |
FTRBX Federated Hermes Total Return Bond Fund Institutional Shares | -0.95% | 7.60% | 2.03% | 5.20% | -13.13% | -0.21% | 9.52% | 9.75% | -0.85% | 4.41% |
Returns By Period
In the year-to-date period, NCRLX achieves a -0.38% return, which is significantly higher than FTRBX's -0.95% return. Over the past 10 years, NCRLX has underperformed FTRBX with an annualized return of 1.87%, while FTRBX has yielded a comparatively higher 2.32% annualized return.
NCRLX
- 1D
- 0.11%
- 1M
- -1.78%
- YTD
- -0.38%
- 6M
- 0.18%
- 1Y
- 3.82%
- 3Y*
- 3.62%
- 5Y*
- -0.04%
- 10Y*
- 1.87%
FTRBX
- 1D
- 0.11%
- 1M
- -1.87%
- YTD
- -0.95%
- 6M
- 0.50%
- 1Y
- 3.82%
- 3Y*
- 3.62%
- 5Y*
- 0.31%
- 10Y*
- 2.32%
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%.
Return for Risk
NCRLX vs. FTRBX — Risk / Return Rank
NCRLX
FTRBX
NCRLX vs. FTRBX - Risk-Adjusted Trends 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.
| NCRLX | FTRBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.86 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.35 | 1.28 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.17 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.78 | +0.02 |
Martin ratioReturn relative to average drawdown | 5.39 | 5.28 | +0.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NCRLX | FTRBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.86 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.05 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.49 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 1.08 | -0.59 |
Correlation
The correlation between NCRLX and FTRBX is 0.87, 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.
Dividends
NCRLX vs. FTRBX - Dividend Comparison
NCRLX's dividend yield for the trailing twelve months is around 4.35%, more than FTRBX's 4.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NCRLX Neuberger Berman Core Bond Fund | 4.35% | 4.68% | 4.76% | 3.90% | 2.63% | 2.47% | 4.76% | 3.37% | 3.00% | 2.80% | 3.37% | 3.15% |
FTRBX Federated Hermes Total Return Bond Fund Institutional Shares | 4.20% | 4.52% | 4.47% | 3.84% | 2.47% | 3.43% | 4.66% | 3.38% | 3.49% | 3.21% | 3.35% | 3.53% |
Drawdowns
NCRLX vs. FTRBX - Drawdown Comparison
The maximum NCRLX drawdown since its inception was -19.21%, which is greater than FTRBX's maximum drawdown of -17.49%. Use the drawdown chart below to compare losses from any high point for NCRLX and FTRBX.
Loading graphics...
Drawdown Indicators
| NCRLX | FTRBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.21% | -17.49% | -1.72% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -2.80% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -19.21% | -17.49% | -1.72% |
Max Drawdown (10Y)Largest decline over 10 years | -19.21% | -17.49% | -1.72% |
Current DrawdownCurrent decline from peak | -2.69% | -2.17% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -2.03% | -1.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 0.94% | +0.02% |
Volatility
NCRLX vs. FTRBX - Volatility Comparison
Neuberger Berman Core Bond Fund (NCRLX) has a higher volatility of 1.58% compared to Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX) at 1.36%. This indicates that NCRLX's price experiences larger fluctuations and is considered to be riskier than FTRBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NCRLX | FTRBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 1.36% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 2.57% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.42% | 4.57% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.99% | 5.85% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.98% | 4.78% | +0.20% |