NBCE vs VOO
Neuberger Berman China Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. NBCE delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | NBCE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $17M | $979.0B | |
| Dividend Yield | 1.00% | 1.09% | |
| Holdings | 76 | 509 | |
| YTD Return | +18.69% | +13.79% | |
| 1Y Return | +45.84% | +23.01% | |
| 3Y Return (annualized) | - | +21.78% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 23.1% | 14.1% | |
| Max Drawdown | -28.4% | -34.3% | |
| Fund Family | Neuberger Berman | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 13, 2023 | Sep 7, 2010 |
NBCE vs VOO Performance
Neuberger Berman China Equity ETF (NBCE) is a ETF from Neuberger Berman and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NBCE returned +45.84% while VOO returned +23.01%. Year to date, NBCE is up 18.69% versus a gain of 13.79% for VOO.
Risk: Volatility and Drawdowns
NBCE has been the more volatile fund, with annualized monthly volatility of 23.1% compared with 14.1% for VOO. 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.26. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBCE charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, NBCE currently yields 1.00% against 1.09% for VOO.
Holdings Overlap
NBCE and VOO share 0 holdings out of 575 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NBCE or VOO?
NBCE has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, NBCE or VOO?
Over the past year NBCE returned +45.84% vs +23.01% for VOO, so NBCE leads on 1-year performance. Over the longest common window we track (3 years), NBCE annualized +20.66% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, NBCE or VOO?
NBCE has been the more volatile fund at 23.1% annualized versus 14.1% for VOO. Worst drawdown: NBCE -28.4% vs VOO -34.3%.
Should I hold both NBCE and VOO?
NBCE and VOO have a monthly-return correlation of 0.26, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBCE and VOO?
NBCE and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 575 unique securities.
Which pays a higher dividend, NBCE or VOO?
NBCE yields 1.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.