NBCR vs SCHD
Neuberger Berman Core Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. NBCR offers more diversification with 208 holdings.
Side-by-Side Comparison
| Metric | NBCR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.06% | |
| AUM | $872M | $108.7B | |
| Dividend Yield | 0.43% | 3.13% | |
| Holdings | 208 | 104 | |
| YTD Return | +9.10% | +28.48% | |
| 1Y Return | +15.40% | +30.95% | |
| 3Y Return (annualized) | - | +16.80% | |
| 5Y Return (annualized) | - | +10.27% | |
| Volatility (annualized) | 12.6% | 13.7% | |
| Max Drawdown | -18.2% | -33.4% | |
| Fund Family | Neuberger Berman | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 31, 2024 | Oct 20, 2011 |
NBCR vs SCHD Performance
Neuberger Berman Core Equity ETF (NBCR) is a ETF from Neuberger Berman and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NBCR returned +15.40% while SCHD returned +30.95%. Year to date, NBCR is up 9.10% versus a gain of 28.48% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 12.6% for NBCR. 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 -18.2% for NBCR and -33.4% for SCHD. 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 0.41. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBCR charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, NBCR currently yields 0.43% against 3.13% for SCHD.
Holdings Overlap
NBCR and SCHD share 14 holdings out of 289 unique holdings combined, representing a 7.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NBCR or SCHD?
NBCR has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $23 per year of difference.
Which performed better, NBCR or SCHD?
Over the past year NBCR returned +15.40% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), NBCR annualized +17.13% vs +11.60% for SCHD. Past performance does not guarantee future results.
Which is riskier, NBCR or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 12.6% for NBCR. Worst drawdown: NBCR -18.2% vs SCHD -33.4%.
Should I hold both NBCR and SCHD?
NBCR and SCHD have a monthly-return correlation of 0.41, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBCR and SCHD?
NBCR and SCHD share 14 common holdings with a 7.3% weight overlap. Combined, they hold 289 unique securities.
Which pays a higher dividend, NBCR or SCHD?
NBCR yields 0.43% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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