NBET vs QQQ
Neuberger Berman Energy Transition & Infrastructure ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. NBET delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | NBET | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $48M | $496.3B | |
| Dividend Yield | 2.44% | 0.44% | |
| Holdings | 34 | 108 | |
| YTD Return | +28.76% | +16.30% | |
| 1Y Return | +33.09% | +24.83% | |
| 3Y Return (annualized) | +23.50% | +25.48% | |
| 5Y Return (annualized) | - | +14.50% | |
| Volatility (annualized) | 19.1% | 30.6% | |
| Max Drawdown | -18.7% | -83.0% | |
| Fund Family | Neuberger Berman ETF Trust | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 6, 2022 | Mar 10, 1999 |
NBET vs QQQ Performance
Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is a ETF from Neuberger Berman ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NBET returned +33.09% while QQQ returned +24.83%. Year to date, NBET is up 28.76% versus a gain of 16.30% for QQQ.
Over three years, NBET compounded at +23.50% per year against +25.48% for QQQ. Across the full 4-year window we track, NBET has the edge at +14.51% annualized vs +13.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 19.1% for NBET. 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 -18.7% for NBET and -83.0% for QQQ. 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBET charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, NBET currently yields 2.44% against 0.44% for QQQ.
Holdings Overlap
NBET and QQQ share 0 holdings out of 133 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, NBET or QQQ?
NBET has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, NBET or QQQ?
Over the past year NBET returned +33.09% vs +24.83% for QQQ, so NBET leads on 1-year performance. Over the longest common window we track (4 years), NBET annualized +14.51% vs +13.01% for QQQ. Past performance does not guarantee future results.
Which is riskier, NBET or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 19.1% for NBET. Worst drawdown: NBET -18.7% vs QQQ -83.0%.
Should I hold both NBET and QQQ?
NBET and QQQ have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBET and QQQ?
NBET and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 133 unique securities.
Which pays a higher dividend, NBET or QQQ?
NBET yields 2.44% while QQQ yields 0.44%, so NBET currently pays the higher dividend yield.
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