NLSIX vs. BDMIX
Compare and contrast key facts about Neuberger Berman Long Short Fund (NLSIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
NLSIX is managed by Neuberger Berman. It was launched on Dec 28, 2011. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
NLSIX vs. BDMIX - Performance Comparison
Loading graphics...
NLSIX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NLSIX Neuberger Berman Long Short Fund | -3.63% | 7.20% | 7.47% | 13.10% | -6.85% | 9.01% | 15.27% | 17.11% | -6.92% | 13.39% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 3.57% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Returns By Period
In the year-to-date period, NLSIX achieves a -3.63% return, which is significantly lower than BDMIX's 3.57% return. Over the past 10 years, NLSIX has underperformed BDMIX with an annualized return of 6.37%, while BDMIX has yielded a comparatively higher 7.21% annualized return.
NLSIX
- 1D
- 0.00%
- 1M
- -2.86%
- YTD
- -3.63%
- 6M
- -3.20%
- 1Y
- 3.47%
- 3Y*
- 6.40%
- 5Y*
- 4.72%
- 10Y*
- 6.37%
BDMIX
- 1D
- -0.46%
- 1M
- 0.87%
- YTD
- 3.57%
- 6M
- 6.57%
- 1Y
- 16.65%
- 3Y*
- 18.58%
- 5Y*
- 11.16%
- 10Y*
- 7.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NLSIX vs. BDMIX - Expense Ratio Comparison
NLSIX has a 1.28% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Return for Risk
NLSIX vs. BDMIX — Risk / Return Rank
NLSIX
BDMIX
NLSIX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Long Short Fund (NLSIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.
| NLSIX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.57 | 2.57 | -2.00 |
Sortino ratioReturn per unit of downside risk | 0.87 | 3.76 | -2.89 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.48 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | 0.63 | 4.90 | -4.27 |
Martin ratioReturn relative to average drawdown | 2.31 | 13.59 | -11.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NLSIX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 2.57 | -2.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 1.72 | -1.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 1.25 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 1.14 | -0.23 |
Correlation
The correlation between NLSIX and BDMIX is 0.12, 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
NLSIX vs. BDMIX - Dividend Comparison
NLSIX's dividend yield for the trailing twelve months is around 0.05%, less than BDMIX's 8.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLSIX Neuberger Berman Long Short Fund | 0.05% | 0.05% | 0.02% | 0.97% | 7.01% | 1.13% | 2.15% | 2.39% | 5.91% | 0.00% | 0.00% | 0.01% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.63% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
NLSIX vs. BDMIX - Drawdown Comparison
The maximum NLSIX drawdown since its inception was -14.75%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for NLSIX and BDMIX.
Loading graphics...
Drawdown Indicators
| NLSIX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.75% | -11.89% | -2.86% |
Max Drawdown (1Y)Largest decline over 1 year | -4.39% | -3.60% | -0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -10.79% | -7.45% | -3.34% |
Max Drawdown (10Y)Largest decline over 10 years | -14.75% | -9.44% | -5.31% |
Current DrawdownCurrent decline from peak | -4.39% | -0.85% | -3.54% |
Average DrawdownAverage peak-to-trough decline | -2.03% | -2.72% | +0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 1.30% | -0.11% |
Volatility
NLSIX vs. BDMIX - Volatility Comparison
Neuberger Berman Long Short Fund (NLSIX) has a higher volatility of 1.89% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.58%. This indicates that NLSIX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NLSIX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 1.58% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 3.40% | 4.74% | -1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.34% | 6.91% | -0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.63% | 6.53% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.29% | 5.77% | +1.52% |