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NGUAX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between NGUAX and ^GSPC is 0.89, 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.


-0.50.00.51.00.9

Performance

NGUAX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Guardian Fund (NGUAX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.59%
10.12%
NGUAX
^GSPC

Key characteristics

Sharpe Ratio

NGUAX:

1.33

^GSPC:

2.11

Sortino Ratio

NGUAX:

1.77

^GSPC:

2.82

Omega Ratio

NGUAX:

1.25

^GSPC:

1.39

Calmar Ratio

NGUAX:

2.04

^GSPC:

3.12

Martin Ratio

NGUAX:

8.27

^GSPC:

13.56

Ulcer Index

NGUAX:

2.49%

^GSPC:

1.95%

Daily Std Dev

NGUAX:

15.46%

^GSPC:

12.53%

Max Drawdown

NGUAX:

-79.34%

^GSPC:

-56.78%

Current Drawdown

NGUAX:

-5.41%

^GSPC:

-0.86%

Returns By Period

In the year-to-date period, NGUAX achieves a 20.42% return, which is significantly lower than ^GSPC's 26.58% return. Over the past 10 years, NGUAX has underperformed ^GSPC with an annualized return of 6.48%, while ^GSPC has yielded a comparatively higher 11.21% annualized return.


NGUAX

YTD

20.42%

1M

-2.18%

6M

4.59%

1Y

20.33%

5Y*

12.30%

10Y*

6.48%

^GSPC

YTD

26.58%

1M

0.27%

6M

10.12%

1Y

26.27%

5Y*

13.29%

10Y*

11.21%

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Risk-Adjusted Performance

NGUAX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Guardian Fund (NGUAX) and S&P 500 (^GSPC). 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.


Sharpe ratio
The chart of Sharpe ratio for NGUAX, currently valued at 1.33, compared to the broader market-1.000.001.002.003.004.001.332.11
The chart of Sortino ratio for NGUAX, currently valued at 1.77, compared to the broader market-2.000.002.004.006.008.0010.001.772.82
The chart of Omega ratio for NGUAX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.39
The chart of Calmar ratio for NGUAX, currently valued at 2.04, compared to the broader market0.002.004.006.008.0010.0012.0014.002.043.12
The chart of Martin ratio for NGUAX, currently valued at 8.27, compared to the broader market0.0010.0020.0030.0040.0050.0060.008.2713.56
NGUAX
^GSPC

The current NGUAX Sharpe Ratio is 1.33, which is lower than the ^GSPC Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of NGUAX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.33
2.11
NGUAX
^GSPC

Drawdowns

NGUAX vs. ^GSPC - Drawdown Comparison

The maximum NGUAX drawdown since its inception was -79.34%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NGUAX and ^GSPC. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.41%
-0.86%
NGUAX
^GSPC

Volatility

NGUAX vs. ^GSPC - Volatility Comparison

Neuberger Berman Guardian Fund (NGUAX) has a higher volatility of 6.51% compared to S&P 500 (^GSPC) at 3.95%. This indicates that NGUAX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
6.51%
3.95%
NGUAX
^GSPC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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