NBCR vs VOO
Neuberger Berman Core Equity ETF vs Vanguard S&P 500 ETF
Which is better, NBCR or VOO?
Nearly the same fund. VOO costs less.
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. NBCR is less concentrated, with 35.6% of the fund in its ten largest positions against 37.6%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $845M | $997.4B |
| Dividend Yield | 0.42% | 1.04% |
| Holdings | 206 | 509 |
| YTD Return | +7.01% | +11.01%Best |
| 1Y Return | +10.36% | +15.60%Best |
| 3Y Return (annualized) | - | +20.82% |
| 5Y Return (annualized) | - | +12.60% |
| Volatility (annualized) | 12.5%Tie | 12.5%Tie |
| Max Drawdown | -18.2%Best | -18.7% |
| $10,000 over 2.1 years | $13,551 | $14,179Best |
| Top 10 Weight | 35.6%Best | 37.6% |
| Fund Family | Neuberger Berman | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 31, 2024 | Sep 7, 2010 |
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 VOO 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 VOO Performance
Neuberger Berman Core Equity ETF (NBCR) is an ETF from Neuberger Berman and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year NBCR returned +10.36% while VOO returned +15.60%. Year to date, NBCR is up 7.01% versus a gain of 11.01% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBCR and VOO have been equally volatile, both at 12.5% annualized.
The deepest peak-to-trough decline in our data was -18.2% for NBCR and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NBCR charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, NBCR currently yields 0.42% against 1.04% for VOO.
Holdings Overlap
90.5% of NBCR's money is in holdings VOO also owns. 71.6% of VOO's money is in holdings NBCR also owns.
Most of NBCR is already inside VOO. Owning both mostly buys the same companies twice.
157 positions in common, counted across the 202 positions we hold weights for in NBCR and 494 in VOO, against full books of 206 and 509.
What only one of them owns
Our book lists 330 positions for VOO that do not appear in our book for NBCR (27.6% of the fund), and 36 for NBCR that do not appear in VOO (7.5%).
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 VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.53% | 7.55% | 0.02% |
| AAPLApple, Inc | 6.73% | 7.05% | 0.32% |
| MSFTMicrosoft Corp | 5.80% | 5.36% | 0.44% |
| AMZNAmazon.Com Inc | 3.57% | 4.13% | 0.56% |
| GOOGLAlphabet Inc,class A | 3.02% | 3.24% | 0.22% |
| GOOGAlphabet Inc | 2.25% | 2.62% | 0.37% |
| AVGOBroadcom Inc | 1.90% | 2.86% | 0.96% |
| METAMeta Platforms Inc | 1.81% | 1.90% | 0.09% |
| JPMJpmorgan Chase | 1.46% | 1.46% | 0.00% |
| TSLATesla Inc | 1.55% | 1.36% | 0.19% |
90.5% of NBCR is already inside VOO.
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 VOO?
NBCR has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, NBCR or VOO?
Over the past year NBCR returned +10.36% vs +15.60% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), NBCR annualized +15.57% vs +18.09% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBCR or VOO?
NBCR and VOO have been equally volatile, both at 12.5% annualized. Worst drawdown: NBCR -18.2% vs VOO -18.7%.
Should I hold both NBCR and VOO?
NBCR and VOO have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between NBCR and VOO?
90.5% of NBCR's money is in holdings VOO also owns. 71.6% of VOO's is in holdings NBCR also owns. They hold 157 positions in common, counted across the 202 positions we hold weights for in NBCR and 494 in VOO.
Which pays a higher dividend, NBCR or VOO?
NBCR yields 0.42% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than NBCR?
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. NBCR is less concentrated, with 35.6% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.