NPRTX vs. USIFX

Last updated Jun 23, 2026

NPRTX (Neuberger Berman Large Cap Value Fund) and USIFX (USAA International Fund) are both mutual funds - NPRTX is a Large Cap Value Equities fund managed by Neuberger Berman, while USIFX is a Foreign Large Cap Equities fund managed by Victory. Over the past 10 years, NPRTX returned 13.93%/yr vs 9.94%/yr for USIFX. A 0.61 correlation means they provide meaningful diversification when combined. NPRTX charges 0.79%/yr vs 1.02%/yr for USIFX.

Performance

NPRTX vs. USIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Large Cap Value Fund (NPRTX) and USAA International Fund (USIFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NPRTX achieves a 19.41% return, which is significantly higher than USIFX's 12.86% return. Over the past 10 years, NPRTX has outperformed USIFX with an annualized return of 13.93%, while USIFX has yielded a comparatively lower 9.94% annualized return.

NPRTX

• 1D: 0.28%
• 1M: 2.44%
• YTD: 19.41%
• 6M: 18.90%
• 1Y: 38.01%
• 3Y*: 16.46%
• 5Y*: 10.76%
• 10Y*: 13.93%

USIFX

• 1D: 0.70%
• 1M: 2.07%
• YTD: 12.86%
• 6M: 13.23%
• 1Y: 28.55%
• 3Y*: 18.50%
• 5Y*: 9.99%
• 10Y*: 9.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NPRTX vs. USIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NPRTX Neuberger Berman Large Cap Value Fund	19.41%	20.69%	10.92%	-1.76%	-1.25%	28.12%	14.44%	23.96%	-1.23%	13.45%
USIFX USAA International Fund	12.86%	33.11%	4.75%	17.47%	-15.92%	14.83%	3.26%	22.76%	-14.15%	28.14%

Correlation

The correlation between NPRTX and USIFX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jul 11, 1988	0.61

The correlation between NPRTX and USIFX shifts across timeframes, from 0.61 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

NPRTX vs. USIFX — Risk / Return Rank

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

NPRTX

NPRTX Risk / Return Rank: 94
NPRTX Sharpe Ratio Rank: 97
NPRTX Sortino Ratio Rank: 94
NPRTX Omega Ratio Rank: 89
NPRTX Calmar Ratio Rank: 95
NPRTX Martin Ratio Rank: 96

USIFX

USIFX Risk / Return Rank: 43
USIFX Sharpe Ratio Rank: 43
USIFX Sortino Ratio Rank: 41
USIFX Omega Ratio Rank: 43
USIFX Calmar Ratio Rank: 42
USIFX Martin Ratio Rank: 46

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.

NPRTX vs. USIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Large Cap Value Fund (NPRTX) and USAA International Fund (USIFX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NPRTX	USIFX	Difference
Sharpe ratio: Return per unit of total volatility	3.30	1.78	+1.51
Sortino ratio: Return per unit of downside risk	4.54	2.50	+2.04
Omega ratio: Gain probability vs. loss probability	1.60	1.33	+0.27
Calmar ratio: Return relative to maximum drawdown	5.49	2.36	+3.13
Martin ratio: Return relative to average drawdown	22.31	9.08	+13.23

NPRTX vs. USIFX - Sharpe Ratio Comparison

The current NPRTX Sharpe Ratio is 3.30, which is higher than the USIFX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of NPRTX and USIFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NPRTX vs. USIFX - Drawdown Comparison

The maximum NPRTX drawdown since its inception was -66.25%, which is greater than USIFX's maximum drawdown of -53.23%. Use the drawdown chart below to compare losses from any high point for NPRTX and USIFX.

Drawdown Indicators

	NPRTX	USIFX	Difference
Max Drawdown Largest peak-to-trough decline	-66.25%	-53.23%	-13.02%
Max Drawdown (1Y) Largest decline over 1 year	-7.03%	-11.74%	+4.71%
Max Drawdown (3Y) Largest decline over 3 years	-13.79%	-13.61%	-0.18%
Max Drawdown (5Y) Largest decline over 5 years	-19.82%	-32.00%	+12.18%
Max Drawdown (10Y) Largest decline over 10 years	-39.01%	-36.76%	-2.25%
Current Drawdown Current decline from peak	-0.91%	-0.03%	-0.88%
Average Drawdown Average peak-to-trough decline	-9.25%	-9.26%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	3.04%	-1.32%

Volatility

NPRTX vs. USIFX - Volatility Comparison

The current volatility for Neuberger Berman Large Cap Value Fund (NPRTX) is 4.25%, while USAA International Fund (USIFX) has a volatility of 5.33%. This indicates that NPRTX experiences smaller price fluctuations and is considered to be less risky than USIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NPRTX	USIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	5.33%	-1.08%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	13.21%	-3.66%
Volatility (1Y) Calculated over the trailing 1-year period	11.69%	15.52%	-3.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.13%	16.97%	-2.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.60%	16.95%	+0.65%

NPRTX vs. USIFX - Expense Ratio Comparison

NPRTX has a 0.79% expense ratio, which is lower than USIFX's 1.02% expense ratio.

Dividends

NPRTX vs. USIFX - Dividend Comparison

NPRTX's dividend yield for the trailing twelve months is around 5.38%, less than USIFX's 10.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NPRTX Neuberger Berman Large Cap Value Fund	5.38%	6.42%	2.19%	2.45%	1.56%	5.04%	1.60%	3.87%	14.44%	8.55%	3.58%	9.80%
USIFX USAA International Fund	10.78%	12.16%	5.44%	1.87%	2.94%	8.74%	1.91%	25.11%	8.50%	3.07%	1.55%	5.64%

Frequently Asked Questions

Can I hold both NPRTX and USIFX in my portfolio?

NPRTX and USIFX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NPRTX or USIFX?

USIFX has higher volatility (5.33%) compared to NPRTX (4.25%). In terms of maximum drawdown, NPRTX dropped -66.25% vs USIFX's -53.23%.

Which has better risk-adjusted returns?

NPRTX currently has the higher Sharpe Ratio (3.30 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.