Neuberger Berman Core Equity ETF
$34.36−0.27 (−0.78%)
- Expense ratio
- 0.52%
- Fund size
- $854M
- 1Y return
- +11.9%
- Yield · Last 12 months
- 0.41%
- Holdings
- 202
- Volume · 30D
- 0M sh
- NAV per share
- $34.64
- 52W range
The ETF.net NBCR Grade
Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 21Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 47Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 67Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
Our read on NBCR
DNeuberger 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.
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 Holdings
- Stocks
- 202
- 36%
- NVDA
Geography
- United States97.34%
- United Kingdom1.21%
- Ireland0.98%
- Canada0.29%
- Cayman Islands0.10%
- Israel0.07%
NBCR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | NBCR |
|---|---|
| Year to date | +9.9% |
| 1 month | +0.6% |
| 3 months | +3.8% |
| 1 year | +11.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NBCR |
|---|---|---|
| 2026 YTD | +9.9% | |
| 2025 | +18.7% | |
| 2024 | +6.8% |
NBCR in the news
ETF.net Research hasn’t filed on NBCR yet — coverage lands here as it’s written.
NBCR Dividends
- 0.41%
- $0.14
- $0.14 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 18, 2025 | Dec 23, 2025 | $0.14 |
| Dec 18, 2024 | Dec 23, 2024 | $0.13 |
NBCR Risk
- 12.6%
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.
- 0.88
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.
- −18.2%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NBCR Cost
- The middle half of US Large-Cap funds
- Median 0.20%
21 of the 28 US Large-Cap funds charge less.