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NLSIX vs. NSTLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NLSIX vs. NSTLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Long Short Fund (NLSIX) and Neuberger Berman Strategic Income Fund (NSTLX). The values are adjusted to include any dividend payments, if applicable.

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NLSIX vs. NSTLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
NSTLX
Neuberger Berman Strategic Income Fund
-1.42%9.44%6.02%10.07%-11.81%2.94%7.78%10.55%-2.34%7.00%

Returns By Period

In the year-to-date period, NLSIX achieves a -3.63% return, which is significantly lower than NSTLX's -1.42% return. Over the past 10 years, NLSIX has outperformed NSTLX with an annualized return of 6.37%, while NSTLX has yielded a comparatively lower 4.05% 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%

NSTLX

1D
0.30%
1M
-3.01%
YTD
-1.42%
6M
-0.08%
1Y
5.29%
3Y*
6.63%
5Y*
2.68%
10Y*
4.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NLSIX vs. NSTLX - Expense Ratio Comparison

NLSIX has a 1.28% expense ratio, which is higher than NSTLX's 0.59% expense ratio.


Return for Risk

NLSIX vs. NSTLX — Risk / Return Rank

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

NLSIX
NLSIX Risk / Return Rank: 2222
Overall Rank
NLSIX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
NLSIX Sortino Ratio Rank: 2222
Sortino Ratio Rank
NLSIX Omega Ratio Rank: 2121
Omega Ratio Rank
NLSIX Calmar Ratio Rank: 2121
Calmar Ratio Rank
NLSIX Martin Ratio Rank: 2222
Martin Ratio Rank

NSTLX
NSTLX Risk / Return Rank: 8181
Overall Rank
NSTLX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
NSTLX Sortino Ratio Rank: 8787
Sortino Ratio Rank
NSTLX Omega Ratio Rank: 8080
Omega Ratio Rank
NSTLX Calmar Ratio Rank: 7777
Calmar Ratio Rank
NSTLX Martin Ratio Rank: 7979
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.

NLSIX vs. NSTLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Long Short Fund (NLSIX) and Neuberger Berman Strategic Income Fund (NSTLX). 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.


NLSIXNSTLXDifference

Sharpe ratio

Return per unit of total volatility

0.57

1.61

-1.04

Sortino ratio

Return per unit of downside risk

0.87

2.34

-1.47

Omega ratio

Gain probability vs. loss probability

1.12

1.31

-0.19

Calmar ratio

Return relative to maximum drawdown

0.63

1.78

-1.16

Martin ratio

Return relative to average drawdown

2.31

7.74

-5.43

NLSIX vs. NSTLX - Sharpe Ratio Comparison

The current NLSIX Sharpe Ratio is 0.57, which is lower than the NSTLX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of NLSIX and NSTLX, 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


NLSIXNSTLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.57

1.61

-1.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.54

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

0.82

+0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.91

0.86

+0.05

Correlation

The correlation between NLSIX and NSTLX is 0.29, 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. NSTLX - Dividend Comparison

NLSIX's dividend yield for the trailing twelve months is around 0.05%, less than NSTLX's 5.13% yield.


TTM20252024202320222021202020192018201720162015
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%
NSTLX
Neuberger Berman Strategic Income Fund
5.13%5.46%5.31%5.38%3.92%6.29%3.81%4.02%4.33%3.64%3.54%4.09%

Drawdowns

NLSIX vs. NSTLX - Drawdown Comparison

The maximum NLSIX drawdown since its inception was -14.75%, smaller than the maximum NSTLX drawdown of -19.00%. Use the drawdown chart below to compare losses from any high point for NLSIX and NSTLX.


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Drawdown Indicators


NLSIXNSTLXDifference

Max Drawdown

Largest peak-to-trough decline

-14.75%

-19.00%

+4.25%

Max Drawdown (1Y)

Largest decline over 1 year

-4.39%

-3.30%

-1.09%

Max Drawdown (5Y)

Largest decline over 5 years

-10.79%

-16.65%

+5.86%

Max Drawdown (10Y)

Largest decline over 10 years

-14.75%

-19.00%

+4.25%

Current Drawdown

Current decline from peak

-4.39%

-3.01%

-1.38%

Average Drawdown

Average peak-to-trough decline

-2.03%

-2.71%

+0.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.19%

0.76%

+0.43%

Volatility

NLSIX vs. NSTLX - Volatility Comparison

Neuberger Berman Long Short Fund (NLSIX) has a higher volatility of 1.89% compared to Neuberger Berman Strategic Income Fund (NSTLX) at 1.55%. This indicates that NLSIX's price experiences larger fluctuations and is considered to be riskier than NSTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NLSIXNSTLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.89%

1.55%

+0.34%

Volatility (6M)

Calculated over the trailing 6-month period

3.40%

2.32%

+1.08%

Volatility (1Y)

Calculated over the trailing 1-year period

6.34%

3.62%

+2.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.63%

5.01%

+1.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.29%

4.96%

+2.33%