Neuberger Berman Option Strategy ETF
$28.13−0.11 (−0.39%)
- 0.59%
- $535M
- +13.5%
- 8.30%
- 108K sh
- low $26.07high $29.00
The ETF.net NBOS Grade
B
Score 68 out of 100
- 15 of 51
Score 68 of 100 falls in the B 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.B55 out of 100Rank 23 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 11 of 51Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 27 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B62 out of 100Rank 19 of 51
Our read on NBOS
In short
BMost options-income ETFs sell calls on stocks they already own. NBOS flips the trade: it sells collateralized puts on the S&P 500 and parks the collateral in bonds, so premium, not dividends, does the work.
Stated mandate
The Fund seeks long-term capital growth and income mainly by selling collateralized puts on U.S. indices, including the S&P 500 and related S&P 500 suite indices, while investing collateral in fixed-income instruments intended to moderate volatility.
Why people hold it
Worth knowing
NBOS Holdings
- Other
- 11
- 102%
- Us Treasury N/B 06/27 4.625
Geography
- United States100.00%
NBOS Performance
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.
NBOS$11,351
Returns run to the Nov 9, 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 | NBOS |
|---|---|
| Year to date | +10.9% |
| 1 month | −1.2% |
| 3 months | +1.0% |
| 1 year | +13.5% |
| 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 | NBOS |
|---|---|---|
| 2026 YTD | +10.9% | |
| 2025 | +12.2% | |
| 2024 | +11.0% |
NBOS in the news
NBOS Dividends
- 8.30%
- $2.35
- $0.22 per share
- Monthly
NBOS Risk
- 5.6%
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.
- 1.39
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.
- −12.7%
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.
- 0.39
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.
NBOS Cost
Overpaying vs PEPS, cheapest in S&P 500 Option Income
$9,529
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
NBOS 0.59%
$11,635
PEPS 0.10% Cheapest
$2,106
Cost over time
Year by year
| Year | NBOS | PEPS | Overpaying |
|---|---|---|---|
| 10 | $1,058 | $183 | $875 |
| 20 | $4,051 | $717 | $3,334 |
| 30 | $11,635 | $2,106 | $9,529 |
Other funds in S&P 500 Option Income
- APAPIParametric Equity Premium Income ETFExpense ratio 0.29%1 year return +20.9%
- APBPInvesco S&P 500 BuyWrite ETFExpense ratio 0.29%1 year return +14.9%
- BWTPIWisdomTree Equity Premium Income FundExpense ratio 0.44%1 year return +9.5%
- BISPYProShares S&P 500 High Income ETFExpense ratio 0.55%1 year return +10.2%
- BFTHIFirst Trust BuyWrite Income ETFExpense ratio 0.75%1 year return +7.0%
