NOEQ vs USSE
Northern Trust US Equity ETF vs Segall Bryant & Hamill Select Equity ETF
Which is better, NOEQ or USSE?
NOEQ costs less.
NOEQ has a lower expense ratio. USSE is less concentrated, with 58.1% of the fund in its ten largest positions against 61.7%.
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 | NOEQ | USSE |
|---|---|---|
| Expense Ratio | 0.12%Best | 0.65% |
| AUM | $906M | $372M |
| Dividend Yield | 0.41% | 0.00% |
| Holdings | 406 | 42 |
| YTD Return | +17.57% | +22.80%Best |
| 1Y Return | - | +25.31% |
| 3Y Return (annualized) | - | +18.49% |
| Top 10 Weight | 61.7% | 58.1%Best |
| Fund Family | Northern Trust Asset Management | Segall Bryaant & Hamill Asset management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 20, 2026 | Aug 29, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
NOEQ vs USSE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NOEQ vs USSE Performance
Northern Trust US Equity ETF (NOEQ) is an ETF from Northern Trust Asset Management and Segall Bryant & Hamill Select Equity ETF (USSE) is an ETF from Segall Bryaant & Hamill Asset management. Year to date, NOEQ is up 17.57% versus a gain of 22.80% for USSE.
Past performance does not guarantee future results.
Fees and Cost Over Time
NOEQ charges 0.12% per year while USSE charges 0.65%. On a $10,000 position that is $12 vs $65 annually, a gap of $53 per year that compounds over a long holding period. On income, NOEQ currently yields 0.41% against 0.00% for USSE.
Holdings Overlap
24.3% of NOEQ's money is in holdings USSE also owns. 57.6% of USSE's money is in holdings NOEQ also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 401 positions we hold weights for in NOEQ and 20 in USSE, against full books of 406 and 42.
What only one of them owns
Our book lists 8 positions for USSE that do not appear in our book for NOEQ (36.0% of the fund), and 284 for NOEQ that do not appear in USSE (73.8%).
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 NOEQ | Weight in USSE | Difference |
|---|---|---|---|
| GOOGAlphabet Inc. C | 6.58% | 6.98% | 0.40% |
| NVDANvidia Corp | 3.29% | 7.48% | 4.19% |
| AMZNAmazon.Com Inc | 4.53% | 5.61% | 1.08% |
| MSFTMicrosoft Corp | 2.09% | 7.22% | 5.13% |
| AAPLApple, Inc | 2.86% | 4.67% | 1.81% |
| LLYEli Lilly & Co. | 3.48% | 4.02% | 0.54% |
| PANWPalo Alto Networks, Inc | 0.14% | 5.05% | 4.91% |
| JPMJpmorgan Chase | 0.70% | 4.20% | 3.50% |
| PWRQuanta Services Inc | 0.00% | 4.63% | 4.63% |
| VVisa Inc Class A | 0.31% | 4.10% | 3.79% |
57.6% of USSE is already inside NOEQ.
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, NOEQ or USSE?
NOEQ has an expense ratio of 0.12% while USSE charges 0.65%. NOEQ is the cheaper option, by $53 a year on a $10,000 investment.
What is the holdings overlap between NOEQ and USSE?
57.6% of USSE's money is in holdings NOEQ also owns. 57.6% of USSE's is in holdings NOEQ also owns. They hold 11 positions in common, counted across the 401 positions we hold weights for in NOEQ and 20 in USSE.
Which pays a higher dividend, NOEQ or USSE?
NOEQ yields 0.41% while USSE yields 0.00%, so NOEQ currently pays the higher dividend yield.
Is USSE better than NOEQ?
NOEQ has a lower expense ratio. USSE is less concentrated, with 58.1% of the fund in its ten largest positions against 61.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.