NLSIX vs. CPLIX
Compare and contrast key facts about Neuberger Berman Long Short Fund (NLSIX) and Calamos Phineus Long/Short Fund (CPLIX).
NLSIX is managed by Neuberger Berman. It was launched on Dec 28, 2011. CPLIX is managed by Calamos. It was launched on Apr 4, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NLSIX or CPLIX.
Key characteristics
| NLSIX | CPLIX | |
|---|---|---|
| YTD Return | 5.10% | 6.54% |
| 1Y Return | 8.66% | 9.14% |
| 3Y Return (Ann) | 3.75% | 4.12% |
| 5Y Return (Ann) | 7.31% | 7.71% |
| Sharpe Ratio | 1.58 | 1.39 |
| Daily Std Dev | 5.10% | 6.83% |
| Max Drawdown | -14.75% | -33.71% |
| Current Drawdown | -0.05% | -2.47% |
Correlation
The correlation between NLSIX and CPLIX is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NLSIX vs. CPLIX - Performance Comparison
In the year-to-date period, NLSIX achieves a 5.10% return, which is significantly lower than CPLIX's 6.54% 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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NLSIX vs. CPLIX - Expense Ratio Comparison
NLSIX has a 1.28% expense ratio, which is lower than CPLIX's 1.38% expense ratio.
Risk-Adjusted Performance
NLSIX vs. CPLIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Long Short Fund (NLSIX) and Calamos Phineus Long/Short Fund (CPLIX). 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
NLSIX vs. CPLIX - Dividend Comparison
NLSIX's dividend yield for the trailing twelve months is around 0.96%, less than CPLIX's 1.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLSIX Neuberger Berman Long Short Fund | 0.96% | 1.01% | 7.01% | 1.13% | 2.15% | 2.39% | 5.91% | 0.00% | 0.00% | 0.01% | 0.56% | 0.47% |
CPLIX Calamos Phineus Long/Short Fund | 1.74% | 1.86% | 0.03% | 0.00% | 0.00% | 0.43% | 3.88% | 1.21% | 0.85% | 0.00% | 0.00% | 0.00% |
Drawdowns
NLSIX vs. CPLIX - Drawdown Comparison
The maximum NLSIX drawdown since its inception was -14.75%, smaller than the maximum CPLIX drawdown of -33.71%. Use the drawdown chart below to compare losses from any high point for NLSIX and CPLIX. For additional features, visit the drawdowns tool.
Volatility
NLSIX vs. CPLIX - Volatility Comparison
Neuberger Berman Long Short Fund (NLSIX) and Calamos Phineus Long/Short Fund (CPLIX) have volatilities of 1.40% and 1.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.