NBCE vs SCHD
Neuberger Berman China Equity ETF vs Schwab US Dividend Equity ETF
Which is better, NBCE or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. NBCE led over 3Y and the full window, SCHD over 1Y. NBCE is less concentrated, with 28.8% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NBCE | SCHD |
|---|---|---|
| Expense Ratio | 0.75% | 0.06%Best |
| AUM | $18M | $112.1B |
| Dividend Yield | 1.12% | 3.00% |
| Holdings | 78 | 103 |
| YTD Return | +14.40% | +23.46%Best |
| 1Y Return | +23.16% | +27.20%Best |
| 3Y Return (annualized) | +18.34%Best | +15.41% |
| 5Y Return (annualized) | - | +10.16% |
| Volatility (annualized) | 22.8% | 13.2%Best |
| Max Drawdown | -28.4% | -16.1%Best |
| $10,000 over 2.9 years | $16,296Best | $15,661 |
| Top 10 Weight | 28.8%Best | 41.8% |
| Fund Family | Neuberger Berman | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Oct 13, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 16, 2023 to Sep 18, 2026 (2.9 years).
NBCE vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.9 years both funds cover.
NBCE vs SCHD Performance
Neuberger Berman China Equity ETF (NBCE) is an ETF from Neuberger Berman and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year NBCE returned +23.16% while SCHD returned +27.20%. Year to date, NBCE is up 14.40% versus a gain of 23.46% for SCHD.
Over three years, NBCE compounded at +18.34% per year against +15.41% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBCE has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 13.2% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -28.4% for NBCE and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.12. They move largely independently of each other.
Fees and Cost Over Time
NBCE charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, NBCE currently yields 1.12% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 70 holdings in NBCE and 100 in SCHD, totalling 96.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 70 positions we hold weights for in NBCE and 100 in SCHD, against full books of 78 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for NBCE (99.9% of the fund), and 0 for NBCE that do not appear in SCHD (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of NBCE and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NBCE or SCHD?
NBCE has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, NBCE or SCHD?
Over the past year NBCE returned +23.16% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBCE or SCHD?
NBCE has been the more volatile fund at 22.8% annualized versus 13.2% for SCHD. Worst drawdown: NBCE -28.4% vs SCHD -16.1%.
Should I hold both NBCE and SCHD?
NBCE and SCHD have a monthly-return correlation of 0.12, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NBCE or SCHD?
NBCE yields 1.12% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than NBCE?
SCHD has a lower expense ratio. NBCE led over 3Y and the full window, SCHD over 1Y. NBCE is less concentrated, with 28.8% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.