NBET vs SCHM
Neuberger Berman Energy Transition & Infrastructure ETF vs Schwab US Mid Cap ETF
Which is better, NBET or SCHM?
NBET has been ahead.
SCHM has a lower expense ratio. NBET led over 1Y, 3Y and the full window. SCHM is less concentrated, with 5.0% 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 | NBET | SCHM |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $54M | $14.6B |
| Dividend Yield | 2.57% | 1.31% |
| Holdings | 34 | 495 |
| YTD Return | +26.43%Best | +12.80% |
| 1Y Return | +32.21%Best | +16.12% |
| 3Y Return (annualized) | +25.73%Best | +16.61% |
| 5Y Return (annualized) | - | +6.70% |
| Volatility (annualized) | 19.2% | 18.5%Best |
| Max Drawdown | -18.7%Best | -23.3% |
| $10,000 over 4.5 years | $17,743Best | $14,695 |
| Top 10 Weight | 59.6% | 5.0%Best |
| Fund Family | Neuberger Berman ETF Trust | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Apr 6, 2022 | Jan 13, 2011 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 7, 2022 to Oct 14, 2026 (4.5 years).
NBET vs SCHM 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 4.5 years both funds cover.
NBET vs SCHM Performance
Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an ETF from Neuberger Berman ETF Trust and Schwab US Mid Cap ETF (SCHM) is an ETF from Charles Schwab Asset Management. Over the past year NBET returned +32.21% while SCHM returned +16.12%. Year to date, NBET is up 26.43% versus a gain of 12.80% for SCHM.
Over three years, NBET compounded at +25.73% per year against +16.61% for SCHM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBET has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 18.5% for SCHM. 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 -18.7% for NBET and -23.3% for SCHM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NBET charges 0.65% per year while SCHM charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, NBET currently yields 2.57% against 1.31% for SCHM.
Holdings Overlap
16.3% of NBET's money is in holdings SCHM also owns. 0.9% of SCHM's money is in holdings NBET also owns.
NBET and SCHM share little of their money.
5 positions in common, counted across the 31 positions we hold weights for in NBET and 502 in SCHM, against full books of 34 and 495.
What only one of them owns
Our book lists 489 positions for SCHM that do not appear in our book for NBET (97.7% of the fund), and 24 for NBET that do not appear in SCHM (81.1%).
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 NBET and SCHM 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, NBET or SCHM?
NBET has an expense ratio of 0.65% while SCHM charges 0.03%. SCHM is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, NBET or SCHM?
Over the past year NBET returned +32.21% vs +16.12% for SCHM, so NBET leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBET or SCHM?
NBET has been the more volatile fund at 19.2% annualized versus 18.5% for SCHM. Worst drawdown: NBET -18.7% vs SCHM -23.3%.
Should I hold both NBET and SCHM?
NBET and SCHM have a monthly-return correlation of 0.73, 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 NBET and SCHM?
16.3% of NBET's money is in holdings SCHM also owns. 0.9% of SCHM's is in holdings NBET also owns. They hold 5 positions in common, counted across the 31 positions we hold weights for in NBET and 502 in SCHM.
Which pays a higher dividend, NBET or SCHM?
NBET yields 2.57% while SCHM yields 1.31%, so NBET currently pays the higher dividend yield.
Is SCHM better than NBET?
SCHM has a lower expense ratio. NBET led over 1Y, 3Y and the full window. SCHM is less concentrated, with 5.0% 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.