NBCR vs QLV
Neuberger Berman Core Equity ETF vs Northern Trust US Quality Low Volatility ETF
Which is better, NBCR or QLV?
Each has led over a different period.
QLV has a lower expense ratio. NBCR led over the full window, QLV over 1Y. QLV is less concentrated, with 36.8% of the fund in its ten largest positions against 36.9%.
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 | NBCR | QLV |
|---|---|---|
| Expense Ratio | 0.29% | 0.08%Best |
| AUM | $856M | $171M |
| Dividend Yield | 0.42% | 1.50% |
| Holdings | 206 | 125 |
| YTD Return | +9.07% | +13.87%Best |
| 1Y Return | +12.46% | +14.75%Best |
| 3Y Return (annualized) | - | +17.09% |
| 5Y Return (annualized) | - | +10.84% |
| Volatility (annualized) | 12.2% | 7.8%Best |
| Max Drawdown | -18.2% | -12.1%Best |
| $10,000 over 2.2 years | $13,854Best | $13,187 |
| Top 10 Weight | 36.9% | 36.8%Best |
| Fund Family | Neuberger Berman | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 31, 2024 | Jul 15, 2019 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 1, 2024 to Oct 15, 2026 (2.2 years).
NBCR vs QLV 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 2.2 years both funds cover.
NBCR vs QLV Performance
Neuberger Berman Core Equity ETF (NBCR) is an ETF from Neuberger Berman and Northern Trust US Quality Low Volatility ETF (QLV) is an ETF from Northern Trust Asset Management. Over the past year NBCR returned +12.46% while QLV returned +14.75%. Year to date, NBCR is up 9.07% versus a gain of 13.87% for QLV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBCR has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 7.8% for QLV. 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 -18.2% for NBCR and -12.1% for QLV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NBCR charges 0.29% per year while QLV charges 0.08%. On a $10,000 position that is $29 vs $8 annually, a gap of $21 per year that compounds over a long holding period. On income, NBCR currently yields 0.42% against 1.50% for QLV.
Holdings Overlap
53.0% of NBCR's money is in holdings QLV also owns. 57.0% of QLV's money is in holdings NBCR also owns.
The two portfolios partly overlap.
41 positions in common, counted across the 203 positions we hold weights for in NBCR and 120 in QLV, against full books of 206 and 125.
What only one of them owns
Our book lists 75 positions for QLV that do not appear in our book for NBCR (41.1% of the fund), and 156 for NBCR that do not appear in QLV (45.2%).
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.
Top Shared Holdings
| Stock | Weight in NBCR | Weight in QLV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.72% | 6.86% | 0.86% |
| AAPLApple, Inc | 6.95% | 6.09% | 0.86% |
| MSFTMicrosoft Corp | 6.03% | 6.58% | 0.55% |
| AMZNAmazon.Com Inc | 3.51% | 2.46% | 1.05% |
| JNJJohnson & Johnson - Common | 1.21% | 4.25% | 3.04% |
| GOOGLAlphabet Inc | 3.10% | 1.94% | 1.16% |
| GOOGAlphabet Inc. C | 2.31% | 1.47% | 0.84% |
| AVGOBroadcom Inc | 1.83% | 1.81% | 0.02% |
| VVisa Inc Class A | 1.27% | 2.15% | 0.88% |
| METAMeta Platforms Inc | 2.26% | 1.04% | 1.22% |
57.0% of QLV is already inside NBCR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NBCR or QLV?
NBCR has an expense ratio of 0.29% while QLV charges 0.08%. QLV is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, NBCR or QLV?
Over the past year NBCR returned +12.46% vs +14.75% for QLV, so QLV leads on 1-year performance. Over the longest common window we track (2 years), NBCR annualized +15.97% vs +13.40% for QLV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBCR or QLV?
NBCR has been the more volatile fund at 12.2% annualized versus 7.8% for QLV. Worst drawdown: NBCR -18.2% vs QLV -12.1%.
Should I hold both NBCR and QLV?
NBCR and QLV have a monthly-return correlation of 0.77, 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 NBCR and QLV?
57.0% of QLV's money is in holdings NBCR also owns. 57.0% of QLV's is in holdings NBCR also owns. They hold 41 positions in common, counted across the 203 positions we hold weights for in NBCR and 120 in QLV.
Which pays a higher dividend, NBCR or QLV?
NBCR yields 0.42% while QLV yields 1.50%, so QLV currently pays the higher dividend yield.
Is QLV better than NBCR?
QLV has a lower expense ratio. NBCR led over the full window, QLV over 1Y. QLV is less concentrated, with 36.8% of the fund in its ten largest positions against 36.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.