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NHS vs. NGUAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NHS vs. NGUAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman High Yield Strategies Fund (NHS) and Neuberger Berman Guardian Fund (NGUAX). The values are adjusted to include any dividend payments, if applicable.

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NHS vs. NGUAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NHS
Neuberger Berman High Yield Strategies Fund
-9.61%14.81%11.04%6.12%-22.99%15.78%4.57%39.03%-11.45%8.64%
NGUAX
Neuberger Berman Guardian Fund
-11.52%14.38%23.80%35.98%-24.47%27.43%34.56%36.69%-7.16%25.28%

Returns By Period

In the year-to-date period, NHS achieves a -9.61% return, which is significantly higher than NGUAX's -11.52% return. Over the past 10 years, NHS has underperformed NGUAX with an annualized return of 6.09%, while NGUAX has yielded a comparatively higher 14.11% annualized return.


NHS

1D
2.86%
1M
-14.96%
YTD
-9.61%
6M
-6.96%
1Y
-1.80%
3Y*
5.81%
5Y*
-0.79%
10Y*
6.09%

NGUAX

1D
-0.30%
1M
-7.63%
YTD
-11.52%
6M
-11.20%
1Y
10.27%
3Y*
14.62%
5Y*
9.51%
10Y*
14.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NHS vs. NGUAX - Expense Ratio Comparison

NHS has a 4.14% expense ratio, which is higher than NGUAX's 0.82% expense ratio.


Return for Risk

NHS vs. NGUAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NHS
NHS Risk / Return Rank: 44
Overall Rank
NHS Sharpe Ratio Rank: 44
Sharpe Ratio Rank
NHS Sortino Ratio Rank: 44
Sortino Ratio Rank
NHS Omega Ratio Rank: 44
Omega Ratio Rank
NHS Calmar Ratio Rank: 55
Calmar Ratio Rank
NHS Martin Ratio Rank: 44
Martin Ratio Rank

NGUAX
NGUAX Risk / Return Rank: 2121
Overall Rank
NGUAX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
NGUAX Sortino Ratio Rank: 2424
Sortino Ratio Rank
NGUAX Omega Ratio Rank: 2323
Omega Ratio Rank
NGUAX Calmar Ratio Rank: 1717
Calmar Ratio Rank
NGUAX Martin Ratio Rank: 1717
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NHS vs. NGUAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman High Yield Strategies Fund (NHS) and Neuberger Berman Guardian Fund (NGUAX). 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.


NHSNGUAXDifference

Sharpe ratio

Return per unit of total volatility

-0.11

0.53

-0.65

Sortino ratio

Return per unit of downside risk

-0.04

0.92

-0.96

Omega ratio

Gain probability vs. loss probability

0.99

1.13

-0.14

Calmar ratio

Return relative to maximum drawdown

-0.11

0.50

-0.61

Martin ratio

Return relative to average drawdown

-0.50

1.74

-2.23

NHS vs. NGUAX - Sharpe Ratio Comparison

The current NHS Sharpe Ratio is -0.11, which is lower than the NGUAX Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of NHS and NGUAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NHSNGUAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.11

0.53

-0.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.05

0.53

-0.58

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.37

0.78

-0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.04

+0.31

Correlation

The correlation between NHS and NGUAX is 0.36, 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.


Dividends

NHS vs. NGUAX - Dividend Comparison

NHS's dividend yield for the trailing twelve months is around 16.76%, more than NGUAX's 14.04% yield.


TTM20252024202320222021202020192018201720162015
NHS
Neuberger Berman High Yield Strategies Fund
16.76%14.60%14.50%13.94%12.75%8.74%9.29%7.99%8.37%7.59%8.23%9.81%
NGUAX
Neuberger Berman Guardian Fund
14.04%12.43%6.01%4.30%6.62%10.92%7.60%6.21%11.21%6.87%13.11%12.82%

Drawdowns

NHS vs. NGUAX - Drawdown Comparison

The maximum NHS drawdown since its inception was -64.67%, smaller than the maximum NGUAX drawdown of -78.07%. Use the drawdown chart below to compare losses from any high point for NHS and NGUAX.


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Drawdown Indicators


NHSNGUAXDifference

Max Drawdown

Largest peak-to-trough decline

-64.67%

-78.07%

+13.40%

Max Drawdown (1Y)

Largest decline over 1 year

-17.43%

-14.16%

-3.27%

Max Drawdown (5Y)

Largest decline over 5 years

-37.43%

-28.43%

-9.00%

Max Drawdown (10Y)

Largest decline over 10 years

-42.97%

-31.99%

-10.98%

Current Drawdown

Current decline from peak

-15.07%

-14.16%

-0.91%

Average Drawdown

Average peak-to-trough decline

-8.82%

-31.98%

+23.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.89%

4.09%

-0.20%

Volatility

NHS vs. NGUAX - Volatility Comparison

Neuberger Berman High Yield Strategies Fund (NHS) has a higher volatility of 6.16% compared to Neuberger Berman Guardian Fund (NGUAX) at 4.85%. This indicates that NHS's price experiences larger fluctuations and is considered to be riskier than NGUAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NHSNGUAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.16%

4.85%

+1.31%

Volatility (6M)

Calculated over the trailing 6-month period

11.02%

10.00%

+1.02%

Volatility (1Y)

Calculated over the trailing 1-year period

16.02%

19.57%

-3.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.17%

18.16%

-1.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.68%

18.20%

-1.52%