Neuberger Berman Emerging Markets Debt Hard Currency ETF
$50.73+0.19 (+0.38%)
- 0.85%
- $143M
- +5.6%
- 6.04%
- 0M sh
- $50.48
- low $49.66high $55.25
The ETF.net NEMD Grade
C
Score 44 out of 100
- 13 of 17
Score 44 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.F0 out of 100Rank 17 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 7 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 2 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 9 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F6 out of 100Rank 17 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D32 out of 100Rank 14 of 17
Our read on NEMD
CNeuberger Berman's active take on emerging-markets debt, issued in hard currency: credit calls drive the outcome instead of local-currency swings. A 2025 arrival holding roughly 300 positions and paying monthly.
The Fund invests in emerging-markets debt and other fixed-income instruments, including sovereign debt and direct debt obligations. It may also transact in foreign currencies for hedging or investment purposes.
Why people hold it
- Hard-currency mandate: the bonds are issued in major currencies, so the exposure is sovereign and corporate credit rather than a bet on the peso, rand or rupiah.
- Actively run, not index-shackled. The team can shift between sovereign debt and direct corporate obligations, and transact in foreign currencies to hedge or to add exposure.
- Spread across roughly 300 positions, with income paid out monthly.
- The portfolio lines up closely with the emerging-markets debt mandate on the label. Little drift between the pitch and the holdings.
Worth knowing
- At 0.85% a year, it is the priciest fund in its peer group. Index-tracking rivals JPMB and EMBD charge 0.39%.
- Launched in August 2025, so the record is short and the fund is still building trading volume. Thinner volume usually means wider bid/ask spreads.
- Hard currency strips out the local-FX swing, not the credit risk. These are still emerging-market borrowers, and sovereign stress shows up in prices.
NEMD Holdings
- Bonds
- 267
- 53%
- Net Other Assets
Sectors
- Energy100.0%
Geography
- United States99.16%
- Argentina0.84%
NEMD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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NEMD$10,563
Returns run to the Oct 12, 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 | NEMD |
|---|---|
| Year to date | +0.9% |
| 1 month | −2.3% |
| 3 months | −3.6% |
| 1 year | +5.6% |
| 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 | NEMD |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +7.1% |
NEMD in the news
NEMD Dividends
- 6.04%
- $3.05
- $0.23 per share
- Monthly
Distribution history
NEMD Risk
- 7.0%
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.
- 0.28
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.
- −5.0%
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.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NEMD Cost
0.85%
NEMD0.85%
- The middle half of Emerging Markets Bonds (US Dollar) funds
- Median 0.40%
Every other Emerging Markets Bonds (US Dollar) fund charges less.
Other funds in Emerging Markets Bonds (US Dollar)
- CBREMiShares Emerging Markets Bond Active ETFExpense ratio 0.50%1 year return —
- CTEMDTempleton Emerging Markets Debt ETFExpense ratio 0.45%1 year return —
- DEMCBWisdomTree Emerging Markets Corporate Bond FundExpense ratio 0.60%1 year return +1.2%
- DJEMBJanus Henderson Emerging Markets Debt Hard Currency ETFExpense ratio 0.52%1 year return +2.4%
- FEMFIPictet Emerging Markets Debt ETFExpense ratio 0.50%1 year return —