WFSPX vs. NBGIX
Compare and contrast key facts about iShares S&P 500 Index Fund (WFSPX) and Neuberger Berman Genesis Fund Institutional Class (NBGIX).
WFSPX is managed by Blackrock. It was launched on Jul 30, 1993. NBGIX is managed by Neuberger Berman. It was launched on Jul 1, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFSPX or NBGIX.
Key characteristics
| WFSPX | NBGIX | |
|---|---|---|
| YTD Return | 26.83% | 18.58% |
| 1Y Return | 34.77% | 29.70% |
| 3Y Return (Ann) | 9.82% | -0.18% |
| 5Y Return (Ann) | 15.49% | 7.00% |
| 10Y Return (Ann) | 13.10% | 3.36% |
| Sharpe Ratio | 3.05 | 1.89 |
| Sortino Ratio | 4.05 | 2.70 |
| Omega Ratio | 1.57 | 1.33 |
| Calmar Ratio | 4.42 | 1.42 |
| Martin Ratio | 20.02 | 11.49 |
| Ulcer Index | 1.87% | 3.05% |
| Daily Std Dev | 12.27% | 18.54% |
| Max Drawdown | -89.72% | -51.35% |
| Current Drawdown | -0.26% | -1.54% |
Correlation
The correlation between WFSPX and NBGIX 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
WFSPX vs. NBGIX - Performance Comparison
In the year-to-date period, WFSPX achieves a 26.83% return, which is significantly higher than NBGIX's 18.58% return. Over the past 10 years, WFSPX has outperformed NBGIX with an annualized return of 13.10%, while NBGIX has yielded a comparatively lower 3.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WFSPX vs. NBGIX - Expense Ratio Comparison
WFSPX has a 0.03% expense ratio, which is lower than NBGIX's 0.84% expense ratio.
Risk-Adjusted Performance
WFSPX vs. NBGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Index Fund (WFSPX) 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.
Dividends
WFSPX vs. NBGIX - Dividend Comparison
WFSPX's dividend yield for the trailing twelve months is around 1.20%, less than NBGIX's 2.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFSPX iShares S&P 500 Index Fund | 1.20% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
NBGIX Neuberger Berman Genesis Fund Institutional Class | 2.77% | 3.29% | 11.19% | 0.00% | 0.03% | 0.22% | 0.28% | 0.39% | 0.34% | 0.42% | 0.33% | 0.52% |
Drawdowns
WFSPX vs. NBGIX - Drawdown Comparison
The maximum WFSPX drawdown since its inception was -89.72%, which is greater than NBGIX's maximum drawdown of -51.35%. Use the drawdown chart below to compare losses from any high point for WFSPX and NBGIX. For additional features, visit the drawdowns tool.
Volatility
WFSPX vs. NBGIX - Volatility Comparison
The current volatility for iShares S&P 500 Index Fund (WFSPX) is 3.75%, while Neuberger Berman Genesis Fund Institutional Class (NBGIX) has a volatility of 6.34%. This indicates that WFSPX 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.