NMANX vs. NOIEX
Compare and contrast key facts about Neuberger Berman Mid Cap Growth Fund (NMANX) and Northern Income Equity Fund (NOIEX).
NMANX is managed by Neuberger Berman. It was launched on Mar 1, 1979. NOIEX is managed by Northern Funds. It was launched on Mar 31, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMANX or NOIEX.
Correlation
The correlation between NMANX and NOIEX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NMANX vs. NOIEX - Performance Comparison
Key characteristics
NMANX:
-0.12
NOIEX:
0.56
NMANX:
0.02
NOIEX:
0.90
NMANX:
1.00
NOIEX:
1.13
NMANX:
-0.08
NOIEX:
0.57
NMANX:
-0.25
NOIEX:
2.47
NMANX:
11.93%
NOIEX:
4.17%
NMANX:
26.26%
NOIEX:
18.35%
NMANX:
-82.03%
NOIEX:
-45.66%
NMANX:
-28.45%
NOIEX:
-9.87%
Returns By Period
In the year-to-date period, NMANX achieves a -6.40% return, which is significantly lower than NOIEX's -5.38% return. Over the past 10 years, NMANX has underperformed NOIEX with an annualized return of 1.68%, while NOIEX has yielded a comparatively higher 10.65% annualized return.
NMANX
-6.40%
2.71%
-12.37%
-3.22%
3.47%
1.68%
NOIEX
-5.38%
-2.16%
-4.71%
10.22%
15.14%
10.65%
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NMANX vs. NOIEX - Expense Ratio Comparison
NMANX has a 0.83% expense ratio, which is higher than NOIEX's 0.49% expense ratio.
Risk-Adjusted Performance
NMANX vs. NOIEX — Risk-Adjusted Performance Rank
NMANX
NOIEX
NMANX vs. NOIEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Mid Cap Growth Fund (NMANX) and Northern Income Equity Fund (NOIEX). 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
NMANX vs. NOIEX - Dividend Comparison
NMANX has not paid dividends to shareholders, while NOIEX's dividend yield for the trailing twelve months is around 6.35%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NMANX Neuberger Berman Mid Cap Growth Fund | 0.00% | 0.00% | 3.19% | 4.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOIEX Northern Income Equity Fund | 6.35% | 6.11% | 7.03% | 5.41% | 14.43% | 7.67% | 8.58% | 15.73% | 7.56% | 3.02% | 5.57% | 35.65% |
Drawdowns
NMANX vs. NOIEX - Drawdown Comparison
The maximum NMANX drawdown since its inception was -82.03%, which is greater than NOIEX's maximum drawdown of -45.66%. Use the drawdown chart below to compare losses from any high point for NMANX and NOIEX. For additional features, visit the drawdowns tool.
Volatility
NMANX vs. NOIEX - Volatility Comparison
Neuberger Berman Mid Cap Growth Fund (NMANX) and Northern Income Equity Fund (NOIEX) have volatilities of 13.99% and 13.71%, 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.