NML vs TLTD

Comparison between Neuberger Berman Energy Infrastructure and Income Fund Inc (NML, ETF) and FLEXSHARES MORNINGSTAR DEVELOPED MARKETS EX-US FACTOR TILT INDEX FUND (TLTD, ETF).

5-Year PerformanceNML has outperformed TLTD, delivering a return of +22.9% compared to +10.4%

NML vs TLTD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NML(ETF)	TLTD(ETF)
Net Assets	$671M	$671M
Expense Ratio	N/A	0.39%
Max Drawdown	94.21%	44.58%
Sharpe Ratio	0.80	1.46
5Y Beta	0.53	0.71
5Y Dividends CAGR	36.36%	17.49%

Net Assets

Winner

NML

$671M

TLTD

$671M

Expense Ratio

NML

N/A

TLTD

0.39%

Max Drawdown

NML

94.21%

Winner

TLTD

44.58%

Sharpe Ratio

NML

0.80

Winner

TLTD

1.46

5Y Beta

Winner

NML

0.53

TLTD

0.71

5Y Dividends CAGR

Winner

NML

36.36%

TLTD

17.49%

NML vs TLTD - Historical Returns

Returns include dividend reinvestment.

Period	NML	TLTD
1 month	-8.73%	+0.83%
3 months	-3.34%	+7.99%
6 months	+20.76%	+10.89%
1 year	+17.72%	+27.10%
5 years(CAGR)	+22.90%	+10.41%
10 years(CAGR)	+9.92%	+9.95%
Max(CAGR)	+2.13%	+8.30%

NML

-8.73%

Winner

TLTD

+0.83%

NML

-3.34%

Winner

TLTD

+7.99%

Winner

NML

+20.76%

TLTD

+10.89%

NML

+17.72%

Winner

TLTD

+27.10%

5Y(CAGR)

Winner

NML

+22.90%

TLTD

+10.41%

10Y(CAGR)

NML

+9.92%

Winner

TLTD

+9.95%

Max(CAGR)

NML

+2.13%

Winner

TLTD

+8.30%

NML vs TLTD - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	NML	TLTD
2026	+16.53%	+7.98%
2025	+3.66%	+39.87%
2024	+40.37%	+5.94%
2023	+17.73%	+16.61%
2022	+30.79%	-14.24%
2021	+59.38%	+12.78%
2020	-46.35%	+3.29%
2019	+9.79%	+21.55%
2018	-25.16%	-18.30%
2017	+5.97%	+25.61%
2016	+24.35%	+6.81%
2015	-50.36%	-1.07%
2014	-0.77%	-5.04%
2013	-0.94%	+19.26%
2012	N/A	+5.81%

NML vs TLTD Drawdown Comparison

The maximum drawdown for NML was -90.47%, occurring on Mar 18, 2020. Recovery took 2842 trading sessions.

The maximum drawdown for TLTD was -40.60%, occurring on Mar 23, 2020. Recovery took 741 trading sessions.

The current NML drawdown is -8.73%. The current TLTD drawdown is -1.98%.

Rank	NML	TLTD
#1	-90.47% Oct 3, 2014 - Jan 23, 2026	-40.60% Jan 26, 2018 - Jan 6, 2021
#2	-16.89% Apr 23, 2013 - Jul 1, 2014	-28.93% Sep 3, 2021 - Mar 1, 2024
#3	-8.73% May 18, 2026 - Jun 18, 2026	-24.90% Jul 2, 2014 - Apr 25, 2017
#4	-7.18% Mar 27, 2026 - May 15, 2026	-13.10% Mar 19, 2025 - Apr 28, 2025
#5	-4.84% Jul 22, 2014 - Aug 11, 2014	-12.11% Feb 26, 2026 - Mar 20, 2026
#6	-4.82% Sep 2, 2014 - Sep 30, 2014	-10.13% May 21, 2013 - Aug 13, 2013
#7	-3.38% Mar 2, 2026 - Mar 25, 2026	-8.83% Sep 26, 2024 - Mar 5, 2025
#8	-2.98% Jan 30, 2026 - Feb 9, 2026	-7.25% Jul 16, 2024 - Aug 21, 2024
#9	-2.43% Aug 11, 2014 - Aug 15, 2014	-6.34% Jan 21, 2014 - Feb 24, 2014
#10	-1.83% Aug 15, 2014 - Aug 19, 2014	-6.16% Jun 14, 2021 - Sep 3, 2021
#11	-1.82% Jul 1, 2014 - Jul 9, 2014	-4.90% Oct 17, 2012 - Dec 4, 2012
#12	-1.43% Feb 13, 2026 - Feb 25, 2026	-4.76% Nov 12, 2025 - Nov 28, 2025
#13	-1.40% Mar 28, 2013 - Apr 10, 2013	-4.29% Mar 27, 2024 - May 9, 2024
#14	-1.34% Sep 30, 2014 - Oct 3, 2014	-4.09% Jan 8, 2021 - Feb 8, 2021
#15	-0.95% Apr 11, 2013 - Apr 15, 2013	-3.91% Aug 27, 2024 - Sep 19, 2024

Correlation

Correlation between NML and TLTD is 0.47 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.47

-101

Dividend Comparison (2012 - 2026)

NML vs TLTD dividend yield comparison.

Year	NML	TLTD
2026	4.02%	1.57%
2025	8.24%	3.44%
2024	7.94%	3.88%
2023	10.19%	3.39%
2022	4.26%	2.76%
2021	3.54%	3.44%
2020	8.34%	2.04%
2019	9.76%	3.46%
2018	9.87%	3.16%
2017	7.04%	2.71%
2016	8.63%	2.93%
2015	15.44%	2.56%
2014	7.16%	3.14%
2013	4.40%	1.14%
2012	0.00%	0.21%