NBCR vs SCHD
Neuberger Berman Core Equity ETF vs Schwab US Dividend Equity ETF
Which is better, NBCR or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. NBCR led over the full window, SCHD over 1Y. NBCR is less concentrated, with 35.6% 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 | NBCR | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $845M | $112.1B |
| Dividend Yield | 0.42% | 3.00% |
| Holdings | 206 | 103 |
| YTD Return | +7.01% | +24.04%Best |
| 1Y Return | +10.36% | +27.95%Best |
| 3Y Return (annualized) | - | +15.51% |
| 5Y Return (annualized) | - | +9.80% |
| Volatility (annualized) | 12.5%Best | 13.5% |
| Max Drawdown | -18.2% | -16.1%Best |
| $10,000 over 2.1 years | $13,551Best | $13,313 |
| Top 10 Weight | 35.6%Best | 41.8% |
| Fund Family | Neuberger Berman | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 31, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 1, 2024 to Sep 16, 2026 (2.1 years).
NBCR 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 2.1 years both funds cover.
NBCR vs SCHD Performance
Neuberger Berman Core Equity ETF (NBCR) 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 NBCR returned +10.36% while SCHD returned +27.95%. Year to date, NBCR is up 7.01% versus a gain of 24.04% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 12.5% 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 -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 0.43. They move together some of the time, and apart the rest.
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 0.42% against 3.00% for SCHD.
Holdings Overlap
6.9% of NBCR's money is in holdings SCHD also owns. 44.3% of SCHD's money is in holdings NBCR also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 202 positions we hold weights for in NBCR and 100 in SCHD, against full books of 206 and 103.
What only one of them owns
Our book lists 85 positions for SCHD that do not appear in our book for NBCR (55.6% of the fund), and 179 for NBCR that do not appear in SCHD (91.1%).
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.
Top Shared Holdings
| Stock | Weight in NBCR | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.90% | 4.77% | 3.87% |
| ABTAbbott Laboratories | 0.60% | 4.69% | 4.09% |
| KOCoca Cola Co. | 0.68% | 4.17% | 3.49% |
| CVXChevron Corp | 0.68% | 4.02% | 3.34% |
| HDHome Depot Inc/The | 0.73% | 3.88% | 3.15% |
| UNHUnitedhealth Group Incorporated | 0.69% | 3.82% | 3.13% |
| COPConocophillips Common Stock USD 0.01 | 0.44% | 3.94% | 3.50% |
| TXNTexas Instrument Inc | 0.69% | 3.13% | 2.44% |
| BMYBristol-Myers Squibb Co. | 0.25% | 3.33% | 3.08% |
| LMTLockheed Martin Corp | 0.32% | 2.78% | 2.46% |
44.3% of SCHD is already inside NBCR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $23 a year on a $10,000 investment.
Which performed better, NBCR or SCHD?
Over the past year NBCR returned +10.36% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), NBCR annualized +15.57% vs +14.60% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBCR or SCHD?
SCHD has been the more volatile fund at 13.5% annualized versus 12.5% for NBCR. Worst drawdown: NBCR -18.2% vs SCHD -16.1%.
Should I hold both NBCR and SCHD?
NBCR and SCHD have a monthly-return correlation of 0.43, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between NBCR and SCHD?
44.3% of SCHD's money is in holdings NBCR also owns. 44.3% of SCHD's is in holdings NBCR also owns. They hold 14 positions in common, counted across the 202 positions we hold weights for in NBCR and 100 in SCHD.
Which pays a higher dividend, NBCR or SCHD?
NBCR yields 0.42% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than NBCR?
SCHD has a lower expense ratio. NBCR led over the full window, SCHD over 1Y. NBCR is less concentrated, with 35.6% 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.