NERIX vs. TOTL
Compare and contrast key facts about Neuberger Berman Emerging Markets Debt Fund (NERIX) and SPDR DoubleLine Total Return Tactical ETF (TOTL).
NERIX is managed by Neuberger Berman. It was launched on Sep 26, 2013. TOTL is an actively managed fund by State Street. It was launched on Feb 23, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NERIX or TOTL.
Key characteristics
| NERIX | TOTL | |
|---|---|---|
| YTD Return | 5.94% | 6.70% |
| 1Y Return | 13.57% | 11.51% |
| 3Y Return (Ann) | -0.41% | -0.45% |
| 5Y Return (Ann) | 1.21% | 0.55% |
| Sharpe Ratio | 2.29 | 1.65 |
| Daily Std Dev | 5.77% | 6.91% |
| Max Drawdown | -26.34% | -16.48% |
| Current Drawdown | -3.22% | -1.92% |
Correlation
The correlation between NERIX and TOTL is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NERIX vs. TOTL - Performance Comparison
In the year-to-date period, NERIX achieves a 5.94% return, which is significantly lower than TOTL's 6.70% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NERIX vs. TOTL - Expense Ratio Comparison
NERIX has a 0.81% expense ratio, which is higher than TOTL's 0.55% expense ratio.
Risk-Adjusted Performance
NERIX vs. TOTL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Emerging Markets Debt Fund (NERIX) and SPDR DoubleLine Total Return Tactical ETF (TOTL). 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
NERIX vs. TOTL - Dividend Comparison
NERIX's dividend yield for the trailing twelve months is around 5.99%, more than TOTL's 4.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NERIX Neuberger Berman Emerging Markets Debt Fund | 5.99% | 5.68% | 5.19% | 4.27% | 4.06% | 4.98% | 5.59% | 5.18% | 5.87% | 5.92% | 5.57% | 1.34% |
TOTL SPDR DoubleLine Total Return Tactical ETF | 4.94% | 4.85% | 4.68% | 3.07% | 2.91% | 3.31% | 3.41% | 3.00% | 3.25% | 2.67% | 0.00% | 0.00% |
Drawdowns
NERIX vs. TOTL - Drawdown Comparison
The maximum NERIX drawdown since its inception was -26.34%, which is greater than TOTL's maximum drawdown of -16.48%. Use the drawdown chart below to compare losses from any high point for NERIX and TOTL. For additional features, visit the drawdowns tool.
Volatility
NERIX vs. TOTL - Volatility Comparison
Neuberger Berman Emerging Markets Debt Fund (NERIX) has a higher volatility of 1.37% compared to SPDR DoubleLine Total Return Tactical ETF (TOTL) at 1.02%. This indicates that NERIX's price experiences larger fluctuations and is considered to be riskier than TOTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.