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GINC vs NBFC

Goldman Sachs ETF Trust

GINCANYSE Arca

Neuberger Berman Flexible Credit Income ETF

NBFCCNYSE Arca

Overlap

No data

Expense ratio

GINC −0.68pt a year

GINC0.40%NBFC1.08%

Avg volume · 30D

GINC 5.4×the volume

GINC53KNBFC9.81K

GINC vs NBFC Performance

Sep 30, 2026 – Oct 30, 2026

+1.0%GINC+0.6%NBFC

Sep 30, 2026 to Oct 30, 2026. GINC +1.0%. NBFC +0.6%. Use the arrow keys to read each point.−0.5%−0.25%0%0.25%Sep 30Oct 15Oct 30
Expense ratio
GINC 0.40%, better
NBFC 1.08%
Fund size
GINC $212M
NBFC $121M
1Y total return
GINC No data
NBFC +2.5%
Yield (12M)
GINC No data
NBFC 7.24%
Holdings
GINC 491
NBFC 639
Avg volume (30D)
GINC 53K sh, better
NBFC 9.81K sh
NAV per share
GINC $48.88
NBFC $49.24
52W range

ETF.net Grade

GINC: Cost 81, Risk 47, Mission not scored, Tradability 72, Holdings 78, Durability 81. NBFC: Cost 4, Risk 71, Mission not scored, Tradability 49, Holdings 73, Durability 67.
Pillar letters and Scores for GINC, NBFC, with each pillar’s weight
PillarGINCNBFC
Cost30% weightA81HigherF4
Mission25% weightNot scoredNot scored
Risk15% weightC47A71Higher
Tradability15% weightA72HigherC49
Holdings10% weightA78HigherA73
Durability5% weightA81HigherB67

Rank among Multi-Sector Bond Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GINC and NBFC are both graded against the same 23 Multi-Sector Bond Income funds, so their Grades compare head to head.

Multi-Sector Bond Income⁠

Category · 23 funds
See all 23 ›

GINC ranks 2nd and NBFC 16th of 23 funds in the Multi-Sector Bond Income Category.

  1. Rank 1AVGMSVanguard Multi-Sector Income Bond ETFScore 87
  2. Rank 2AAINPAllspring Income Plus ETFScore 72
  3. Rank 2AGINCGoldman Sachs ETF TrustScore 72
  4. Rank 4AXAGGEaton Vance Strategic Income Opportunities ETFScore 71
  5. Rank 16CARMSAristotle Multi-Sector Income ETFScore 40
  6. Rank 16CNBFCNeuberger Berman Flexible Credit Income ETFScore 40
  7. Rank 16DRTRERareview Total Return Bond ETFScore 40

Our read on each fund

ETF.net Research

GINCAGoldman Sachs ETF Trust

NBFCCNeuberger Berman Flexible Credit Income ETF

In short

GINC No data

NBFC A go-anywhere credit fund. Neuberger Berman's bond team can roam domestic, foreign and emerging-market credit rather than track one index, keeping at least 80% of assets in credit instruments and paying income monthly.

Stated mandate

GINC No data

NBFC The Fund’s primary aim is high current income, with long-term capital appreciation as a secondary aim.

Why people hold it

GINC No data

  • NBFC Wide mandate by design: at least 80% of net assets in credit instruments, including derivatives and credit-focused funds, across domestic, foreign and emerging markets.
  • Actively managed with no index to hug, and it spreads its bets across roughly 600 positions, so no single issuer carries the fund.
  • Income is the stated first priority, with long-term capital appreciation second. Distributions are paid monthly.

Worth knowing

GINC No data

  • NBFC At 1.08%, the fee sits well above the bond-fund median of 0.40%, and index peers like AGZ (0.15%) charge a fraction. Active credit selection is what the premium buys.
  • Thinly traded and modest in size, so bid-ask spreads can run wider than the category's household names.
  • Launched in 2024, so its record does not yet span a full credit cycle, and derivatives use adds moving parts beyond plain bond ownership.

Full GINC profile⁠

Full NBFC profile⁠

GINC vs NBFC Holdings

How GINC and NBFC differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Countryby domicile81.9%
  • Asset classFixed Income100%

Sector

No Sector split for GINC and NBFC.

Country, concentration and asset class

Country by domicile

Country weights in GINC and NBFC, widest gap first
CountryMore in GINCMore in NBFC
United StatesGINC +16.0 points
CanadaNBFC +4.3 points
FranceNBFC +2.9 points
NetherlandsNBFC +2.1 points
LuxembourgNBFC +1.6 points
GermanyNBFC +1.5 points
ItalyNBFC +1.2 points
MexicoGINC +1.1 points
Other countries (23)NBFC +3.3 points

Outside the US: GINC 35% developed, 65% emerging. NBFC 63% developed, 37% emerging.

Concentration

Weight in the 10 largest Holdings

  • GINC25.3%
  • NBFC29.2%

Securities held

  • GINC486
  • NBFC621

Asset class

GINC
Fixed Income
NBFC
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. GINC holds 486 securities, NBFC 621.

All 488 GINC holdings⁠All 657 NBFC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GINC vs NBFC Cost

Overpaying NBFC vs GINC

$11,884

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

  • GINC 0.40%

    $8,090

  • NBFC 1.08%

    $19,974

$10,000
30 years

Cost over time

  • GINC 0.40%
  • NBFC 1.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NBFC $19,974GINC $8,090

Year by year

YearGINCNBFCOverpaying
10$723$1,898$1,175
20$2,793$7,106$4,313
30$8,090$19,974$11,884

Expense ratio

  • 0.40%GINC, cheaper
  • 1.08%NBFC
  • Middle half of Multi-Sector Bond Income funds
  • Median 0.60%

GINC 5th cheapest of 23 funds

NBFC 22nd cheapest of 23 funds

GINC vs NBFC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GINC No data
NBFC 7.24%
Payout (12M)
GINC No data
NBFC $3.57
Last payment
GINC $0.18
NBFC $0.28
Ex-dividend
GINC Oct 1, 2026
NBFC Oct 27, 2026
Paid on
GINC Oct 7, 2026
NBFC Oct 30, 2026
Frequency
GINC Monthly
NBFC Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

GINCMonthly · 2 paymentsAll GINC payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Sep 1, 2026 $0.29; Oct 1, 2026 $0.18. Use the arrow keys to read each point.$0$0.502026YTD
NBFCMonthly · 28 paymentsAll NBFC payments⁠
One bar per payment. 28 payments from 2024 to 2026 YTD. Aug 1, 2024 $0.32; Sep 3, 2024 $0.30; Oct 1, 2024 $0.30; Nov 1, 2024 $0.34; Dec 2, 2024 $0.30; Dec 18, 2024 $0.44; Jan 28, 2025 $0.31; Feb 25, 2025 $0.29; Mar 26, 2025 $0.32; Apr 25, 2025 $0.29; May 27, 2025 $0.34; Jun 25, 2025 $0.31; Jul 28, 2025 $0.32; Aug 26, 2025 $0.28; Sep 25, 2025 $0.30; Oct 28, 2025 $0.29; Nov 24, 2025 $0.27; Dec 18, 2025 $0.66; Jan 27, 2026 $0.27; Feb 24, 2026 $0.24; Mar 26, 2026 $0.30; Apr 27, 2026 $0.26; May 26, 2026 $0.24; Jun 25, 2026 $0.27; Jul 28, 2026 $0.28; Aug 26, 2026 $0.28; Sep 25, 2026 $0.24; Oct 27, 2026 $0.28. Use the arrow keys to read each point.$0$0.502026YTD

GINC vs NBFC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GINC No dataNBFC 3.6%since Jul 2024
Return per unit of riskSharpe ratio, 3 years
GINC No dataNBFC 0.68since Jul 2024
Worst fallMax drawdown, 5 years
GINC No dataNBFC −4.0%since Jun 2024
Market sensitivityBeta, 5 years
GINC 0.71NBFC 0.24

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