NML vs. NBGIX
Compare and contrast key facts about Neuberger Berman MLP (NML) and Neuberger Berman Genesis Fund Institutional Class (NBGIX).
NML is an actively managed fund by Neuberger Berman. It was launched on Mar 26, 2013. NBGIX is managed by Neuberger Berman. It was launched on Jul 1, 1999.
Performance
NML vs. NBGIX - Performance Comparison
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NML vs. NBGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NML Neuberger Berman MLP | 25.95% | 4.36% | 40.55% | 14.61% | 32.75% | 61.76% | -45.84% | 10.60% | -23.02% | 7.07% |
NBGIX Neuberger Berman Genesis Fund Institutional Class | -1.41% | -4.55% | 9.20% | 15.73% | -19.35% | 18.25% | 25.07% | 29.68% | -6.76% | 16.02% |
Returns By Period
In the year-to-date period, NML achieves a 25.95% return, which is significantly higher than NBGIX's -1.41% return. Over the past 10 years, NML has outperformed NBGIX with an annualized return of 12.90%, while NBGIX has yielded a comparatively lower 8.70% annualized return.
NML
- 1D
- -0.19%
- 1M
- 3.44%
- YTD
- 25.95%
- 6M
- 25.36%
- 1Y
- 26.49%
- 3Y*
- 27.91%
- 5Y*
- 28.84%
- 10Y*
- 12.90%
NBGIX
- 1D
- -0.60%
- 1M
- -8.83%
- YTD
- -1.41%
- 6M
- -3.00%
- 1Y
- 2.66%
- 3Y*
- 3.57%
- 5Y*
- 1.25%
- 10Y*
- 8.70%
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NML vs. NBGIX - Expense Ratio Comparison
NML has a 2.72% expense ratio, which is higher than NBGIX's 0.84% expense ratio.
Return for Risk
NML vs. NBGIX — Risk / Return Rank
NML
NBGIX
NML vs. NBGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman MLP (NML) and Neuberger Berman Genesis Fund Institutional Class (NBGIX). 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.
| NML | NBGIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 0.13 | +1.09 |
Sortino ratioReturn per unit of downside risk | 1.60 | 0.35 | +1.26 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.04 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 0.01 | +1.65 |
Martin ratioReturn relative to average drawdown | 5.64 | 0.03 | +5.61 |
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
| NML | NBGIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 0.13 | +1.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.21 | 0.06 | +1.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.43 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.53 | -0.45 |
Correlation
The correlation between NML and NBGIX is 0.43, 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
NML vs. NBGIX - Dividend Comparison
NML's dividend yield for the trailing twelve months is around 6.67%, less than NBGIX's 16.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NML Neuberger Berman MLP | 6.67% | 8.24% | 7.94% | 10.19% | 4.26% | 3.54% | 8.33% | 9.76% | 9.87% | 7.04% | 8.63% | 15.44% |
NBGIX Neuberger Berman Genesis Fund Institutional Class | 16.65% | 16.41% | 2.14% | 3.13% | 11.11% | 10.91% | 3.87% | 6.00% | 12.49% | 14.10% | 6.53% | 11.28% |
Drawdowns
NML vs. NBGIX - Drawdown Comparison
The maximum NML drawdown since its inception was -90.48%, which is greater than NBGIX's maximum drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for NML and NBGIX.
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Drawdown Indicators
| NML | NBGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.48% | -51.62% | -38.86% |
Max Drawdown (1Y)Largest decline over 1 year | -15.72% | -13.26% | -2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -21.40% | -28.27% | +6.87% |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | -34.53% | -50.31% |
Current DrawdownCurrent decline from peak | -0.66% | -15.90% | +15.24% |
Average DrawdownAverage peak-to-trough decline | -37.54% | -7.46% | -30.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.62% | 4.20% | +0.42% |
Volatility
NML vs. NBGIX - Volatility Comparison
The current volatility for Neuberger Berman MLP (NML) is 4.14%, while Neuberger Berman Genesis Fund Institutional Class (NBGIX) has a volatility of 4.90%. This indicates that NML experiences smaller price fluctuations and is considered to be less risky than NBGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NML | NBGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.14% | 4.90% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 12.52% | 11.36% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.79% | 20.75% | +1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.88% | 19.66% | +4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.35% | 20.19% | +15.16% |