CVMC vs NBET
Calvert US Mid-Cap Core Responsible Index ETF vs Neuberger Berman Energy Transition & Infrastructure ETF
Which is better, CVMC or NBET?
NBET has been ahead.
CVMC has a lower expense ratio. NBET led over 1Y, 3Y and the full window. CVMC is less concentrated, with 5.9% of the fund in its ten largest positions against 59.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CVMC | NBET |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.65% |
| AUM | $115M | $54M |
| Dividend Yield | 1.23% | 2.57% |
| Holdings | 1,184 | 34 |
| YTD Return | +14.85% | +26.43%Best |
| 1Y Return | +18.30% | +32.21%Best |
| 3Y Return (annualized) | +17.39% | +25.73%Best |
| Volatility (annualized) | 15.5%Best | 17.7% |
| Max Drawdown | -22.5% | -18.7%Best |
| $10,000 over 3.7 years | $14,930 | $17,848Best |
| Top 10 Weight | 5.9%Best | 59.6% |
| Fund Family | Calvert | Neuberger Berman ETF Trust |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jan 30, 2023 | Apr 6, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 1, 2023 to Oct 14, 2026 (3.7 years).
CVMC vs NBET growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.7 years both funds cover.
CVMC vs NBET Performance
Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is an ETF from Calvert and Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an ETF from Neuberger Berman ETF Trust. Over the past year CVMC returned +18.30% while NBET returned +32.21%. Year to date, CVMC is up 14.85% versus a gain of 26.43% for NBET.
Over three years, CVMC compounded at +17.39% per year against +25.73% for NBET. Across the full 4-year window we track, NBET has the edge at +16.95% annualized vs +11.44%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBET has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 15.5% for CVMC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.5% for CVMC and -18.7% for NBET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CVMC charges 0.15% per year while NBET charges 0.65%. On a $10,000 position that is $15 vs $65 annually, a gap of $50 per year that compounds over a long holding period. On income, CVMC currently yields 1.23% against 2.57% for NBET.
Holdings Overlap
1.0% of CVMC's money is in holdings NBET also owns. 10.6% of NBET's money is in holdings CVMC also owns.
NBET and CVMC share little of their money.
4 positions in common, counted across the 595 positions we hold weights for in CVMC and 31 in NBET, against full books of 1,184 and 34.
What only one of them owns
Our book lists 25 positions for NBET that do not appear in our book for CVMC (86.8% of the fund), and 579 for CVMC that do not appear in NBET (96.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of CVMC and NBET you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CVMC or NBET?
CVMC has an expense ratio of 0.15% while NBET charges 0.65%. CVMC is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, CVMC or NBET?
Over the past year CVMC returned +18.30% vs +32.21% for NBET, so NBET leads on 1-year performance. Over the longest common window we track (4 years), CVMC annualized +11.44% vs +16.95% for NBET. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CVMC or NBET?
NBET has been the more volatile fund at 17.7% annualized versus 15.5% for CVMC. Worst drawdown: CVMC -22.5% vs NBET -18.7%.
Should I hold both CVMC and NBET?
CVMC and NBET have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CVMC and NBET?
10.6% of NBET's money is in holdings CVMC also owns. 10.6% of NBET's is in holdings CVMC also owns. They hold 4 positions in common, counted across the 595 positions we hold weights for in CVMC and 31 in NBET.
Which pays a higher dividend, CVMC or NBET?
CVMC yields 1.23% while NBET yields 2.57%, so NBET currently pays the higher dividend yield.
Is NBET better than CVMC?
CVMC has a lower expense ratio. NBET led over 1Y, 3Y and the full window. CVMC is less concentrated, with 5.9% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.