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Launched

Neuberger Berman Core Equity ETF

NBCRNYSE ArcaNeuberger BermanC

$33.67−0.14 (−0.41%)

As of Nov 2, 2026, 3:59 PM ET

C42/ 100

Rank 21 of 29 in US Large-Cap

C42/100Rank 21 of 29inUS Large-Cap
Intraday session: down, 78 prints from 33.81 to 33.67. Range 33.67 to 34.19. Use the arrow keys to read each point.33.9034.0034.1034.2010 AM12 PM2 PM4 PM
Expense ratio
0.52%
Fund size
$850M
1Y total return
+7.5%
Yield · Last 12 months
0.42%
Holdings
210
Avg volume · 30D
33.8K sh
52W range
low $28.80high $34.99
Launched

The ETF.net NBCR Grade

Based on 5 of 6 pillars

C

Score 42 out of 100

Category
US Large-Cap⁠
Rank
21 of 29
Six-pillar profile for NBCR. Scores out of 100: Cost 21, Risk 40, Mission not scored, Tradability 65, Holdings 67, Durability 58. Strongest: Holdings (67). Weakest: Cost (21). Based on 5 of 6 pillars.

Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F21 out of 100
    Rank 23 of 29

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 22 of 29

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B65 out of 100
    Rank 8 of 29

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B67 out of 100
    Rank 10 of 28

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B58 out of 100
    Rank 13 of 29

Our read on NBCR

ETF.net Research

In short

CNeuberger Berman's 2024 entry into active core equity: a roughly 200-stock US portfolio built for long-term growth of capital, priced under the typical active equity fund rather than at the premium the label usually invites.

Stated mandate

The Fund seeks long-term growth of capital.

Why people hold it

  • Costs 0.52% a year, below the median for actively managed US equity ETFs. Active stock picking without the fee drag that usually comes attached.
  • Roughly 200 holdings: wide enough that no single name dominates, narrow enough that the manager's choices actually show up in results.
  • A plain mandate, plainly stated. The prospectus objective is long-term growth of capital from a mainly-equity portfolio, with no derivatives overlay or income-generation machinery bolted on.
  • Sits in the upper half of its active US equity peer group on our overall read, with holdings quality the standout piece.

Worth knowing

  • Launched in 2024, so there is not yet a long record to judge the strategy through a full market cycle.
  • Trades thinly. Spreads can widen when volume is light, which matters more for larger orders than for small ones.
  • Cheaper systematic options crowd the same shelf: DFAC (0.17%), AVLC (0.15%) and DFAU (0.12%) all deliver core US equity for a fraction of the fee.

NBCR Performance

Launched Jul 31, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
NBCR$10,745
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. NBCR $10,745. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for NBCR. Periods over one year show the average yearly return.
PeriodNBCR
Year to date+7.3%
1 month−0.6%
3 months+0.2%
1 year+7.5%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NBCR
YearReturn barNBCR
2026 YTD+7.3%
2025+18.7%
2024+6.8%

History from Aug 1, 2024

NBCR in the news

NBCR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.42%Last 12 months
Payout per share
$0.14Last 12 months
Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 18, 2024 $0.13; Dec 18, 2025 $0.14. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 23, 2025$0.14
Dec 18, 2024Dec 23, 2024$0.13

$10,000 in NBCR 1 year ago paid $45.27 in dividends.

NBCR Risk

Risk pillarC40 out of 100Rank 22 of 29 in US Large-Cap
How much the fund’s monthly returns vary, scaled to a year.
12.2%
Annualised · 26 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.75
vs 3-month T-bills · 26 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−18.2%
26 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

NBCR Cost

Compare NBCR and BKLC

Overpaying vs BKLC, cheapest in US Large-Cap

$10,351

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NBCR 0.52%

    $10,351

  • BKLC 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • NBCR 0.52%
  • BKLC 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530NBCR $10,351BKLC $0

Year by year

YearNBCRBKLCOverpaying
10$935$0$935
20$3,593$0$3,593
30$10,351$0$10,351

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