NBCE vs VXUS

Quick Verdict

VXUS has a lower expense ratio. NBCE delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: NBCEMore Diversified: VXUS

Side-by-Side Comparison

MetricNBCEVXUSWinner
Expense Ratio0.75%0.05%
AUM$17M$156.5B
Dividend Yield1.00%2.60%
Holdings768,747
YTD Return+17.68%+14.19%
1Y Return+44.60%+27.38%
3Y Return (annualized)-+19.53%
5Y Return (annualized)-+9.03%
Volatility (annualized)23.1%15.1%
Max Drawdown-28.4%-39.9%
Fund FamilyNeuberger BermanVanguard (US)
CategoryEquityEquity
InceptionOct 13, 2023Jan 26, 2011

NBCE vs VXUS Performance

Neuberger Berman China Equity ETF (NBCE) is a ETF from Neuberger Berman and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year NBCE returned +44.60% while VXUS returned +27.38%. Year to date, NBCE is up 17.68% versus a gain of 14.19% for VXUS.

Risk: Volatility and Drawdowns

NBCE has been the more volatile fund, with annualized monthly volatility of 23.1% compared with 15.1% for VXUS. 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 -39.9% for VXUS. 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

NBCE charges 0.75% per year while VXUS charges 0.05%. On a $10,000 position that is $75 vs $5 annually, a gap of $70 per year that compounds over a long holding period. On income, NBCE currently yields 1.00% against 2.60% for VXUS.

Holdings Overlap

0.5%overlap

NBCE and VXUS share 42 holdings out of 7889 unique holdings combined, representing a 0.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in NBCEWeight in VXUSDifference
688008:SH4.04%0.00%4.04%
300308:SH3.86%0.01%3.85%
300408:SH3.14%0.00%3.14%
688256:SHProProPro
600522:SHProProPro
2338:HKProProPro
1888:HKProProPro
1347:HKProProPro
300274:SHProProPro
600036:SHProProPro
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Frequently Asked Questions

Which is cheaper, NBCE or VXUS?

NBCE has an expense ratio of 0.75% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $70 per year of difference.

Which performed better, NBCE or VXUS?

Over the past year NBCE returned +44.60% vs +27.38% for VXUS, so NBCE leads on 1-year performance. Over the longest common window we track (3 years), NBCE annualized +20.28% vs +4.83% for VXUS. Past performance does not guarantee future results.

Which is riskier, NBCE or VXUS?

NBCE has been the more volatile fund at 23.1% annualized versus 15.1% for VXUS. Worst drawdown: NBCE -28.4% vs VXUS -39.9%.

Should I hold both NBCE and VXUS?

NBCE and VXUS have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between NBCE and VXUS?

NBCE and VXUS share 42 common holdings with a 0.5% weight overlap. Combined, they hold 7889 unique securities.

Which pays a higher dividend, NBCE or VXUS?

NBCE yields 1.00% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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