NGUAX vs. NHS
NGUAX (Neuberger Berman Guardian Fund) and NHS (Neuberger Berman High Yield Strategies Fund) are both mutual funds - NGUAX is a Large Cap Growth Equities fund managed by Neuberger Berman, while NHS is a High Yield Bonds fund actively managed by Neuberger Berman. Over the past 10 years, NGUAX returned 15.22%/yr vs 4.94%/yr for NHS. Their 0.36 correlation means their historical movements had little consistent relationship. NGUAX charges 0.82%/yr vs 4.14%/yr for NHS.
Performance
NGUAX vs. NHS - Performance Comparison
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Returns By Period
In the year-to-date period, NGUAX achieves a 2.19% return, which is significantly higher than NHS's -10.96% return. Over the past 10 years, NGUAX has outperformed NHS with an annualized return of 15.22%, while NHS has yielded a comparatively lower 4.94% annualized return.
NGUAX
- 1D
- 1.81%
- 1M
- -2.32%
- 6M
- 3.34%
- YTD
- 2.19%
- 1Y
- 7.77%
- 3Y*
- 15.67%
- 5Y*
- 9.55%
- 10Y*
- 15.22%
- ALL TIME*
- 8.18%
NHS
- 1D
- -0.50%
- 1M
- -1.95%
- 6M
- -13.90%
- YTD
- -10.96%
- 1Y
- -4.46%
- 3Y*
- 6.46%
- 5Y*
- -1.45%
- 10Y*
- 4.94%
- ALL TIME*
- 6.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.10M | $992.56K | $1.32M |
NGUAX vs. NHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGUAX Neuberger Berman Guardian Fund | 2.19% | 14.38% | 23.80% | 35.98% | -24.47% | 27.43% | 34.56% | 36.69% | -7.16% | 25.28% |
NHS Neuberger Berman High Yield Strategies Fund | -10.96% | 14.81% | 11.04% | 6.12% | -22.99% | 15.78% | 4.57% | 39.03% | -11.45% | 8.64% |
Correlation
The correlation between NGUAX and NHS is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2003 | 0.36 |
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Return for Risk
NGUAX vs. NHS — Risk / Return Rank
NGUAX
NHS
NGUAX vs. NHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Guardian Fund (NGUAX) and Neuberger Berman High Yield Strategies Fund (NHS). 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.
| NGUAX | NHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.94 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | -0.29 | +0.75 |
| Martin ratioReturn relative to average drawdown | 1.50 | -0.54 | +2.04 |
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Drawdowns
NGUAX vs. NHS - Drawdown Comparison
The maximum NGUAX drawdown since its inception was -78.07%, which is greater than NHS's maximum drawdown of -64.67%. Use the drawdown chart below to compare losses from any high point for NGUAX and NHS.
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Drawdown Indicators
| NGUAX | NHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.07% | -64.67% | -13.40% |
Max Drawdown (1Y)Largest decline over 1 year | -14.16% | -17.01% | +2.85% |
Max Drawdown (3Y)Largest decline over 3 years | -20.89% | -17.01% | -3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -28.43% | -37.43% | +9.00% |
Max Drawdown (10Y)Largest decline over 10 years | -31.99% | -42.97% | +10.98% |
Current DrawdownCurrent decline from peak | -4.92% | -16.34% | +11.42% |
Average DrawdownAverage peak-to-trough decline | -31.77% | -8.90% | -22.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.31% | 9.05% | -4.74% |
Volatility
NGUAX vs. NHS - Volatility Comparison
Neuberger Berman Guardian Fund (NGUAX) has a higher volatility of 4.35% compared to Neuberger Berman High Yield Strategies Fund (NHS) at 2.54%. This indicates that NGUAX's price experiences larger fluctuations and is considered to be riskier than NHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGUAX | NHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.35% | 2.54% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 9.64% | +2.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.62% | 12.91% | +1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.43% | 16.09% | +2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.31% | 16.69% | +1.62% |
NGUAX vs. NHS - Expense Ratio Comparison
NGUAX has a 0.82% expense ratio, which is lower than NHS's 4.14% expense ratio.
Dividends
NGUAX vs. NHS - Dividend Comparison
NGUAX's dividend yield for the trailing twelve months is around 12.16%, less than NHS's 18.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGUAX Neuberger Berman Guardian Fund | 12.16% | 12.43% | 6.01% | 4.30% | 6.62% | 10.92% | 7.60% | 6.21% | 11.21% | 6.87% | 13.11% | 12.82% |
NHS Neuberger Berman High Yield Strategies Fund | 18.04% | 14.60% | 14.50% | 13.94% | 12.75% | 8.74% | 9.29% | 7.99% | 8.37% | 7.59% | 8.23% | 9.81% |
Frequently Asked Questions
NGUAX and NHS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NGUAX has higher volatility (4.35%) compared to NHS (2.54%). In terms of maximum drawdown, NGUAX dropped -78.07% vs NHS's -64.67%.
NGUAX currently has the higher Sharpe Ratio (0.45 vs -0.38), 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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