NBGX vs VOO
Neuberger Berman Growth ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | NBGX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.03% | |
| AUM | $15M | $997.4B | |
| Dividend Yield | 0.40% | 1.08% | |
| Holdings | 56 | 509 | |
| YTD Return | +5.90% | +12.68% | |
| 1Y Return | +10.98% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 16.6% | 14.1% | |
| Max Drawdown | -21.6% | -34.3% | |
| Fund Family | Neuberger Berman ETF Trust | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 18, 2024 | Sep 7, 2010 |
NBGX vs VOO Performance
Neuberger Berman Growth ETF (NBGX) 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 NBGX returned +10.98% while VOO returned +21.87%. Year to date, NBGX is up 5.90% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
NBGX has been the more volatile fund, with annualized monthly volatility of 16.6% 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 -21.6% for NBGX 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NBGX charges 0.44% per year while VOO charges 0.03%. On a $10,000 position that is $44 vs $3 annually, a gap of $41 per year that compounds over a long holding period. On income, NBGX currently yields 0.40% against 1.08% for VOO.
Holdings Overlap
NBGX and VOO share 43 holdings out of 516 unique holdings combined, representing a 45.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NBGX or VOO?
NBGX has an expense ratio of 0.44% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, NBGX or VOO?
Over the past year NBGX returned +10.98% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), NBGX annualized +12.77% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, NBGX or VOO?
NBGX has been the more volatile fund at 16.6% annualized versus 14.1% for VOO. Worst drawdown: NBGX -21.6% vs VOO -34.3%.
Should I hold both NBGX and VOO?
NBGX and VOO have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between NBGX and VOO?
NBGX and VOO share 43 common holdings with a 45.4% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, NBGX or VOO?
NBGX yields 0.40% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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