NBET vs SQEW
Neuberger Berman Energy Transition & Infrastructure ETF vs LeaderShares Equity Skew ETF
Which is better, NBET or SQEW?
NBET has been ahead.
NBET has a lower expense ratio. NBET led over 1Y and the full window.
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 | SQEW |
|---|---|---|
| Expense Ratio | 0.65%Best | 0.84% |
| AUM | $54M | $16M |
| Dividend Yield | 2.57% | 0.96% |
| Holdings | 34 | 159 |
| Volatility (annualized) | 19.6% | 17.2%Best |
| Max Drawdown | -18.7%Best | -24.2% |
| $10,000 over 3.5 years | $13,481Best | $11,272 |
| Fund Family | Neuberger Berman ETF Trust | LeaderShares |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Apr 6, 2022 | May 11, 2020 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 355 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. NBET has data through Oct 14, 2026 and SQEW through Oct 24, 2025.
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 7, 2022 to Oct 24, 2025 (3.5 years).
Risk: Volatility and Drawdowns
NBET has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 17.2% for SQEW. 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 -24.2% for SQEW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NBET charges 0.65% per year while SQEW charges 0.84%. On a $10,000 position that is $65 vs $84 annually, a gap of $19 per year that compounds over a long holding period. On income, NBET currently yields 2.57% against 0.96% for SQEW.
You are not choosing between two funds in isolation.
Whichever of NBET and SQEW 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 SQEW?
NBET has an expense ratio of 0.65% while SQEW charges 0.84%. NBET is the cheaper option, by $19 a year on a $10,000 investment.
Which is riskier, NBET or SQEW?
NBET has been the more volatile fund at 19.6% annualized versus 17.2% for SQEW. Worst drawdown: NBET -18.7% vs SQEW -24.2%.
Should I hold both NBET and SQEW?
NBET and SQEW have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NBET or SQEW?
NBET yields 2.57% while SQEW yields 0.96%, so NBET currently pays the higher dividend yield.
Is SQEW better than NBET?
NBET has a lower expense ratio. NBET led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.