NBET vs VOO
Neuberger Berman Energy Transition & Infrastructure ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. NBET delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | NBET | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $48M | $997.4B | |
| Dividend Yield | 2.44% | 1.08% | |
| Holdings | 34 | 509 | |
| YTD Return | +28.32% | +12.68% | |
| 1Y Return | +33.68% | +21.87% | |
| 3Y Return (annualized) | +23.85% | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 19.1% | 14.1% | |
| Max Drawdown | -18.7% | -34.3% | |
| Fund Family | Neuberger Berman ETF Trust | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 6, 2022 | Sep 7, 2010 |
NBET vs VOO Performance
Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is a ETF from Neuberger Berman ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NBET returned +33.68% while VOO returned +21.87%. Year to date, NBET is up 28.32% versus a gain of 12.68% for VOO.
Over three years, NBET compounded at +23.85% per year against +22.06% for VOO. Across the full 4-year window we track, NBET has the edge at +14.47% annualized vs +13.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBET has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 14.1% for VOO. 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 -34.3% for VOO. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBET charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, NBET currently yields 2.44% against 1.08% for VOO.
Holdings Overlap
NBET and VOO share 11 holdings out of 525 unique holdings combined, representing a 2.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NBET or VOO?
NBET has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, NBET or VOO?
Over the past year NBET returned +33.68% vs +21.87% for VOO, so NBET leads on 1-year performance. Over the longest common window we track (4 years), NBET annualized +14.47% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, NBET or VOO?
NBET has been the more volatile fund at 19.1% annualized versus 14.1% for VOO. Worst drawdown: NBET -18.7% vs VOO -34.3%.
Should I hold both NBET and VOO?
NBET and VOO have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBET and VOO?
NBET and VOO share 11 common holdings with a 2.1% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, NBET or VOO?
NBET yields 2.44% while VOO yields 1.08%, so NBET currently pays the higher dividend yield.
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