---
ticker: "NBCM"
name: "Neuberger Berman Commodity Strategy ETF"
url: "https://etf.net/etf/NBCM"
grade: "C"
score: 49
graded_at: "2026-10-12"
category: "Broad Commodity Futures"
category_rank: "13 of 23"
methodology: "https://etf.net/methodology"
---

# NBCM: Neuberger Berman Commodity Strategy ETF

Grade **C**, Score 49 of 100. Rank 13 of 23 in Broad Commodity Futures.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 36 | 14 of 23 |
| Mission | Not scored | — |
| Risk | 59 | 10 of 23 |
| Tradability | 46 | 15 of 23 |
| Holdings | 81 | 3 of 15 |
| Durability | 45 | 16 of 23 |

## Top holdings

The fund holds 202 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Nb Cayman Commodity Fund I Ltd Mutual Fund | 8.15% |
| 2 | — | Ssc Government Mm Gvmxx | 6.12% |
| 3 | — | Gold 100 Oz Futr DEC26 Xcec 20261229 | 5.78% |
| 4 | — | Brent Crude Futr JAN27 Ifeu 20261130 | 4.63% |
| 5 | — | Wti Crude Future JAN27 Xnym 20261221 | 3.63% |
| 6 | — | Copper Future MAR27 Xcec 20270329 | 2.94% |
| 7 | — | Treasury Bill 11/26 0.00000 | 2.89% |
| 8 | — | Low Su Gasoil G JAN27 Ifeu 20270112 | 2.76% |
| 9 | — | Natural Gas Futr MAR27 Xnym 20270224 | 2.66% |
| 10 | — | Soybean Future MAR27 Xcbt 20270312 | 2.56% |
| 11 | — | Us Dollar | 2.52% |
| 12 | — | Gasoline Rbob Fut JAN27 Xnym 20261231 | 2.19% |
| 13 | — | Ny Harb Ulsd Fut JAN27 Xnym 20261231 | 2.10% |
| 14 | — | Treasury Bill 10/26 0.00000 | 2.07% |
| 15 | — | Sugar 11 (World) MAR27 Ifus 20270226 | 1.84% |
| 16 | — | Lme Pri Alum Futr JAN27 Xlme 20270118 | 1.66% |
| 17 | — | Corn Future MAY27 Xcbt 20270514 | 1.60% |
| 18 | — | Soybean Oil Futr MAR27 Xcbt 20270312 | 1.51% |
| 19 | — | Soybean Meal Futr JAN27 Xcbt 20270114 | 1.44% |
| 20 | — | Lme Zinc Future JAN27 Xlme 20270118 | 1.42% |
| 21 | — | Silver Future DEC26 Xcec 20261229 | 1.24% |
| 22 | — | Live Cattle Futr DEC26 Xcme 20261231 | 1.16% |
| 23 | — | Wells Fargo & Company Sr Unsecured 05/29 Var | 0.97% |
| 24 | — | Coffee 'c' Future DEC26 Ifus 20261218 | 0.93% |
| 25 | — | Lean Hogs Future DEC26 Xcme 20261214 | 0.72% |
| 26 | — | Verizon Communications Sr Unsecured 03/27 4.125 | 0.72% |
| 27 | — | Citigroup Inc Sr Unsecured 05/28 Var | 0.71% |
| 28 | — | Us Bank Na Cincinnati Sr Unsecured 10/27 Var | 0.68% |
| 29 | — | Caterpillar Finl Service Sr Unsecured 11/28 Var | 0.66% |
| 30 | — | Bank of America Corp Sr Unsecured 01/29 Var | 0.65% |

Source: etf.net, https://etf.net/etf/NBCM. Please cite the page URL.
