NEFZX vs. NHINX
NEFZX (Loomis Sayles Strategic Income Fund) and NHINX (Neuberger Berman High Income Bond Fund) are both mutual funds - NEFZX is a Multisector Bonds fund managed by Natixis, while NHINX is a High Yield Bonds fund managed by Neuberger Berman. Over the past 10 years, NEFZX returned 3.24%/yr vs 4.61%/yr for NHINX. At a 0.49 correlation, their price movements are largely independent. NEFZX charges 0.95%/yr vs 0.85%/yr for NHINX.
Performance
NEFZX vs. NHINX - Performance Comparison
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Returns By Period
In the year-to-date period, NEFZX achieves a -0.38% return, which is significantly lower than NHINX's 1.04% return. Over the past 10 years, NEFZX has underperformed NHINX with an annualized return of 3.24%, while NHINX has yielded a comparatively higher 4.61% annualized return.
NEFZX
- 1D
- 0.00%
- 1M
- 0.57%
- YTD
- -0.38%
- 6M
- -0.06%
- 1Y
- 4.06%
- 3Y*
- 7.20%
- 5Y*
- 2.02%
- 10Y*
- 3.24%
NHINX
- 1D
- -0.13%
- 1M
- 0.64%
- YTD
- 1.04%
- 6M
- 1.70%
- 1Y
- 6.01%
- 3Y*
- 8.18%
- 5Y*
- 2.79%
- 10Y*
- 4.61%
NEFZX vs. NHINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEFZX Loomis Sayles Strategic Income Fund | -0.38% | 8.92% | 7.05% | 8.02% | -12.82% | 3.85% | 1.15% | 10.84% | -3.00% | 7.22% |
NHINX Neuberger Berman High Income Bond Fund | 1.04% | 8.39% | 7.94% | 9.92% | -13.02% | 4.42% | 6.27% | 13.90% | -2.63% | 5.09% |
Correlation
The correlation between NEFZX and NHINX is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 1995 | 0.49 |
The correlation between NEFZX and NHINX shifts across timeframes, from 0.49 (all time) to 0.69 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
NEFZX vs. NHINX — Risk / Return Rank
NEFZX
NHINX
NEFZX vs. NHINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Strategic Income Fund (NEFZX) and Neuberger Berman High Income Bond Fund (NHINX). 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.
| NEFZX | NHINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.40 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 2.28 | -0.94 |
| Martin ratioReturn relative to average drawdown | 4.14 | 11.08 | -6.94 |
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Drawdowns
NEFZX vs. NHINX - Drawdown Comparison
The maximum NEFZX drawdown since its inception was -32.07%, which is greater than NHINX's maximum drawdown of -29.47%. Use the drawdown chart below to compare losses from any high point for NEFZX and NHINX.
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Drawdown Indicators
| NEFZX | NHINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.07% | -29.47% | -2.60% |
Max Drawdown (1Y)Largest decline over 1 year | -4.17% | -2.72% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -5.88% | -3.89% | -1.99% |
Max Drawdown (5Y)Largest decline over 5 years | -17.19% | -16.38% | -0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -17.21% | -22.85% | +5.64% |
Current DrawdownCurrent decline from peak | -2.10% | -0.26% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -3.36% | -3.75% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 0.56% | +0.68% |
Volatility
NEFZX vs. NHINX - Volatility Comparison
Loomis Sayles Strategic Income Fund (NEFZX) has a higher volatility of 1.39% compared to Neuberger Berman High Income Bond Fund (NHINX) at 0.86%. This indicates that NEFZX's price experiences larger fluctuations and is considered to be riskier than NHINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEFZX | NHINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 0.86% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 3.58% | 2.68% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.53% | 3.44% | +1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.60% | 5.24% | +0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.27% | 5.89% | -0.62% |
NEFZX vs. NHINX - Expense Ratio Comparison
NEFZX has a 0.95% expense ratio, which is higher than NHINX's 0.85% expense ratio.
Dividends
NEFZX vs. NHINX - Dividend Comparison
NEFZX's dividend yield for the trailing twelve months is around 3.97%, less than NHINX's 6.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEFZX Loomis Sayles Strategic Income Fund | 3.97% | 3.83% | 5.60% | 5.37% | 6.34% | 2.64% | 4.20% | 3.51% | 4.28% | 4.06% | 4.76% | 10.22% |
NHINX Neuberger Berman High Income Bond Fund | 6.41% | 6.43% | 6.80% | 5.38% | 4.37% | 4.67% | 4.73% | 5.22% | 5.63% | 5.00% | 5.33% | 6.38% |
Frequently Asked Questions
NEFZX and NHINX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEFZX has higher volatility (1.39%) compared to NHINX (0.86%). In terms of maximum drawdown, NEFZX dropped -32.07% vs NHINX's -29.47%.
NHINX currently has the higher Sharpe Ratio (1.81 vs 1.23), 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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