NLSIX vs. MTMIX
Compare and contrast key facts about Neuberger Berman Long Short Fund (NLSIX) and MainStay MacKay Total Return Bond Fund (MTMIX).
NLSIX is managed by Neuberger Berman. It was launched on Dec 28, 2011. MTMIX is managed by New York Life. It was launched on Jan 2, 1991.
Performance
NLSIX vs. MTMIX - Performance Comparison
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NLSIX vs. MTMIX - 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% |
MTMIX MainStay MacKay Total Return Bond Fund | -0.01% | 7.83% | 4.76% | 7.92% | -15.29% | -0.81% | 9.72% | 9.38% | -1.22% | 4.64% |
Returns By Period
In the year-to-date period, NLSIX achieves a -3.63% return, which is significantly lower than MTMIX's -0.01% return. Over the past 10 years, NLSIX has outperformed MTMIX with an annualized return of 6.37%, while MTMIX has yielded a comparatively lower 2.59% 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%
MTMIX
- 1D
- 0.44%
- 1M
- -2.13%
- YTD
- -0.01%
- 6M
- 1.10%
- 1Y
- 4.44%
- 3Y*
- 5.53%
- 5Y*
- 1.15%
- 10Y*
- 2.59%
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NLSIX vs. MTMIX - Expense Ratio Comparison
NLSIX has a 1.28% expense ratio, which is higher than MTMIX's 0.45% expense ratio.
Return for Risk
NLSIX vs. MTMIX — Risk / Return Rank
NLSIX
MTMIX
NLSIX vs. MTMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Long Short Fund (NLSIX) and MainStay MacKay Total Return Bond Fund (MTMIX). 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 | MTMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.57 | 1.10 | -0.52 |
Sortino ratioReturn per unit of downside risk | 0.87 | 1.57 | -0.70 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.20 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.63 | 1.83 | -1.21 |
Martin ratioReturn relative to average drawdown | 2.31 | 5.92 | -3.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NLSIX | MTMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 1.10 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.19 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.52 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 1.07 | -0.16 |
Correlation
The correlation between NLSIX and MTMIX is 0.02, 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. MTMIX - Dividend Comparison
NLSIX's dividend yield for the trailing twelve months is around 0.05%, less than MTMIX's 4.48% 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% |
MTMIX MainStay MacKay Total Return Bond Fund | 4.48% | 5.01% | 5.47% | 4.38% | 3.89% | 5.43% | 3.58% | 2.84% | 2.82% | 2.62% | 2.98% | 3.12% |
Drawdowns
NLSIX vs. MTMIX - Drawdown Comparison
The maximum NLSIX drawdown since its inception was -14.75%, smaller than the maximum MTMIX drawdown of -20.47%. Use the drawdown chart below to compare losses from any high point for NLSIX and MTMIX.
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Drawdown Indicators
| NLSIX | MTMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.75% | -20.47% | +5.72% |
Max Drawdown (1Y)Largest decline over 1 year | -4.39% | -2.81% | -1.58% |
Max Drawdown (5Y)Largest decline over 5 years | -10.79% | -20.47% | +9.68% |
Max Drawdown (10Y)Largest decline over 10 years | -14.75% | -20.47% | +5.72% |
Current DrawdownCurrent decline from peak | -4.39% | -2.13% | -2.26% |
Average DrawdownAverage peak-to-trough decline | -2.03% | -2.29% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 0.87% | +0.32% |
Volatility
NLSIX vs. MTMIX - Volatility Comparison
Neuberger Berman Long Short Fund (NLSIX) has a higher volatility of 1.89% compared to MainStay MacKay Total Return Bond Fund (MTMIX) at 1.54%. This indicates that NLSIX's price experiences larger fluctuations and is considered to be riskier than MTMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLSIX | MTMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 1.54% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.40% | 2.53% | +0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.34% | 4.33% | +2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.63% | 6.04% | +0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.29% | 4.98% | +2.31% |