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NLSIX vs. SNOIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NLSIX vs. SNOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Long Short Fund (NLSIX) and Easterly Snow Capital Long/Short Opportunity Fund (SNOIX). The values are adjusted to include any dividend payments, if applicable.

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NLSIX vs. SNOIX - 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%
SNOIX
Easterly Snow Capital Long/Short Opportunity Fund
4.60%20.66%5.17%10.84%-3.10%26.26%1.44%22.44%-11.25%12.80%

Returns By Period

In the year-to-date period, NLSIX achieves a -3.63% return, which is significantly lower than SNOIX's 4.60% return. Over the past 10 years, NLSIX has underperformed SNOIX with an annualized return of 6.37%, while SNOIX has yielded a comparatively higher 10.60% 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%

SNOIX

1D
-0.47%
1M
-2.06%
YTD
4.60%
6M
10.65%
1Y
23.47%
3Y*
13.63%
5Y*
8.96%
10Y*
10.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NLSIX vs. SNOIX - Expense Ratio Comparison

NLSIX has a 1.28% expense ratio, which is lower than SNOIX's 1.41% expense ratio.


Return for Risk

NLSIX vs. SNOIX — 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

SNOIX
SNOIX Risk / Return Rank: 8080
Overall Rank
SNOIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
SNOIX Sortino Ratio Rank: 8181
Sortino Ratio Rank
SNOIX Omega Ratio Rank: 8080
Omega Ratio Rank
SNOIX Calmar Ratio Rank: 7474
Calmar Ratio Rank
SNOIX Martin Ratio Rank: 8585
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. SNOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Long Short Fund (NLSIX) and Easterly Snow Capital Long/Short Opportunity Fund (SNOIX). 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.


NLSIXSNOIXDifference

Sharpe ratio

Return per unit of total volatility

0.57

1.49

-0.92

Sortino ratio

Return per unit of downside risk

0.87

2.05

-1.18

Omega ratio

Gain probability vs. loss probability

1.12

1.31

-0.19

Calmar ratio

Return relative to maximum drawdown

0.63

1.72

-1.09

Martin ratio

Return relative to average drawdown

2.31

8.69

-6.37

NLSIX vs. SNOIX - Sharpe Ratio Comparison

The current NLSIX Sharpe Ratio is 0.57, which is lower than the SNOIX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of NLSIX and SNOIX, 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


NLSIXSNOIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.57

1.49

-0.92

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.60

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

0.64

+0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.91

0.31

+0.59

Correlation

The correlation between NLSIX and SNOIX is 0.63, 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.


Dividends

NLSIX vs. SNOIX - Dividend Comparison

NLSIX's dividend yield for the trailing twelve months is around 0.05%, less than SNOIX's 6.61% 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%
SNOIX
Easterly Snow Capital Long/Short Opportunity Fund
6.61%6.91%5.10%2.29%7.07%8.98%1.86%1.95%2.06%4.80%0.36%2.79%

Drawdowns

NLSIX vs. SNOIX - Drawdown Comparison

The maximum NLSIX drawdown since its inception was -14.75%, smaller than the maximum SNOIX drawdown of -65.34%. Use the drawdown chart below to compare losses from any high point for NLSIX and SNOIX.


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Drawdown Indicators


NLSIXSNOIXDifference

Max Drawdown

Largest peak-to-trough decline

-14.75%

-65.34%

+50.59%

Max Drawdown (1Y)

Largest decline over 1 year

-4.39%

-12.55%

+8.16%

Max Drawdown (5Y)

Largest decline over 5 years

-10.79%

-17.66%

+6.87%

Max Drawdown (10Y)

Largest decline over 10 years

-14.75%

-34.43%

+19.68%

Current Drawdown

Current decline from peak

-4.39%

-2.29%

-2.10%

Average Drawdown

Average peak-to-trough decline

-2.03%

-9.86%

+7.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.19%

2.49%

-1.30%

Volatility

NLSIX vs. SNOIX - Volatility Comparison

The current volatility for Neuberger Berman Long Short Fund (NLSIX) is 1.89%, while Easterly Snow Capital Long/Short Opportunity Fund (SNOIX) has a volatility of 3.08%. This indicates that NLSIX experiences smaller price fluctuations and is considered to be less risky than SNOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NLSIXSNOIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.89%

3.08%

-1.19%

Volatility (6M)

Calculated over the trailing 6-month period

3.40%

9.23%

-5.83%

Volatility (1Y)

Calculated over the trailing 1-year period

6.34%

16.05%

-9.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.63%

15.10%

-8.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.29%

16.60%

-9.31%