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VGHAX vs. NMANX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VGHAX vs. NMANX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Health Care Fund Admiral Shares (VGHAX) and Neuberger Berman Mid Cap Growth Fund (NMANX). The values are adjusted to include any dividend payments, if applicable.

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VGHAX vs. NMANX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VGHAX
Vanguard Health Care Fund Admiral Shares
-3.02%19.72%9.10%5.51%-1.00%12.82%12.62%22.99%1.07%19.64%
NMANX
Neuberger Berman Mid Cap Growth Fund
-5.12%5.51%24.39%18.21%-28.82%12.42%39.45%33.62%-6.28%29.01%

Returns By Period

In the year-to-date period, VGHAX achieves a -3.02% return, which is significantly higher than NMANX's -5.12% return. Over the past 10 years, VGHAX has underperformed NMANX with an annualized return of 9.49%, while NMANX has yielded a comparatively higher 11.06% annualized return.


VGHAX

1D
3.05%
1M
-4.71%
YTD
-3.02%
6M
6.85%
1Y
14.74%
3Y*
10.37%
5Y*
8.69%
10Y*
9.49%

NMANX

1D
4.27%
1M
-6.96%
YTD
-5.12%
6M
-12.25%
1Y
8.94%
3Y*
10.91%
5Y*
2.51%
10Y*
11.06%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VGHAX vs. NMANX - Expense Ratio Comparison

VGHAX has a 0.25% expense ratio, which is lower than NMANX's 0.83% expense ratio.


Return for Risk

VGHAX vs. NMANX — Risk / Return Rank

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

VGHAX
VGHAX Risk / Return Rank: 3434
Overall Rank
VGHAX Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
VGHAX Sortino Ratio Rank: 3030
Sortino Ratio Rank
VGHAX Omega Ratio Rank: 2424
Omega Ratio Rank
VGHAX Calmar Ratio Rank: 5555
Calmar Ratio Rank
VGHAX Martin Ratio Rank: 3131
Martin Ratio Rank

NMANX
NMANX Risk / Return Rank: 1414
Overall Rank
NMANX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
NMANX Sortino Ratio Rank: 1515
Sortino Ratio Rank
NMANX Omega Ratio Rank: 1313
Omega Ratio Rank
NMANX Calmar Ratio Rank: 1414
Calmar Ratio Rank
NMANX Martin Ratio Rank: 1313
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.

VGHAX vs. NMANX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care Fund Admiral Shares (VGHAX) and Neuberger Berman Mid Cap Growth Fund (NMANX). 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.


VGHAXNMANXDifference

Sharpe ratio

Return per unit of total volatility

0.75

0.42

+0.33

Sortino ratio

Return per unit of downside risk

1.13

0.74

+0.39

Omega ratio

Gain probability vs. loss probability

1.14

1.09

+0.05

Calmar ratio

Return relative to maximum drawdown

1.36

0.44

+0.92

Martin ratio

Return relative to average drawdown

3.42

1.39

+2.03

VGHAX vs. NMANX - Sharpe Ratio Comparison

The current VGHAX Sharpe Ratio is 0.75, which is higher than the NMANX Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of VGHAX and NMANX, 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


VGHAXNMANXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

0.42

+0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.11

+0.38

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.50

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.50

+0.10

Correlation

The correlation between VGHAX and NMANX is 0.70, 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.


Dividends

VGHAX vs. NMANX - Dividend Comparison

VGHAX's dividend yield for the trailing twelve months is around 6.88%, less than NMANX's 24.34% yield.


TTM20252024202320222021202020192018201720162015
VGHAX
Vanguard Health Care Fund Admiral Shares
6.88%6.07%22.84%7.22%5.49%7.05%8.02%11.87%9.15%7.36%8.60%8.21%
NMANX
Neuberger Berman Mid Cap Growth Fund
24.34%23.10%9.85%3.19%4.87%16.30%9.58%5.43%11.70%8.94%5.00%9.00%

Drawdowns

VGHAX vs. NMANX - Drawdown Comparison

The maximum VGHAX drawdown since its inception was -36.85%, smaller than the maximum NMANX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for VGHAX and NMANX.


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Drawdown Indicators


VGHAXNMANXDifference

Max Drawdown

Largest peak-to-trough decline

-36.85%

-72.14%

+35.29%

Max Drawdown (1Y)

Largest decline over 1 year

-9.19%

-17.71%

+8.52%

Max Drawdown (5Y)

Largest decline over 5 years

-16.92%

-38.10%

+21.18%

Max Drawdown (10Y)

Largest decline over 10 years

-27.17%

-38.10%

+10.93%

Current Drawdown

Current decline from peak

-6.01%

-14.20%

+8.19%

Average Drawdown

Average peak-to-trough decline

-5.61%

-17.45%

+11.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.67%

5.65%

-1.98%

Volatility

VGHAX vs. NMANX - Volatility Comparison

The current volatility for Vanguard Health Care Fund Admiral Shares (VGHAX) is 5.81%, while Neuberger Berman Mid Cap Growth Fund (NMANX) has a volatility of 8.87%. This indicates that VGHAX experiences smaller price fluctuations and is considered to be less risky than NMANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VGHAXNMANXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.81%

8.87%

-3.06%

Volatility (6M)

Calculated over the trailing 6-month period

10.63%

16.47%

-5.84%

Volatility (1Y)

Calculated over the trailing 1-year period

17.66%

23.78%

-6.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.01%

23.16%

-5.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.58%

22.36%

-4.78%