NBJP vs QQQ
Neuberger Berman Japan Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, NBJP or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. NBJP led over 1Y, QQQ over the full window. NBJP is less concentrated, with 36.3% of the fund in its ten largest positions against 47.2%.
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 | NBJP | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $123M | $498.6B |
| Dividend Yield | 1.95% | 0.42% |
| Holdings | 65 | 321 |
| YTD Return | +16.96% | +22.67%Best |
| 1Y Return | +25.72%Best | +24.33% |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 15.9%Best | 18.1% |
| Max Drawdown | -14.3%Best | -22.8% |
| $10,000 over 2.1 years | $14,949 | $16,196Best |
| Top 10 Weight | 36.3%Best | 47.2% |
| Fund Family | Neuberger Berman | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 11, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 12, 2024 to Oct 2, 2026 (2.1 years).
NBJP vs QQQ 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.
NBJP vs QQQ Performance
Neuberger Berman Japan Equity ETF (NBJP) is an ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NBJP returned +25.72% while QQQ returned +24.33%. Year to date, NBJP is up 16.96% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 15.9% for NBJP. 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 -14.3% for NBJP and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NBJP charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, NBJP currently yields 1.95% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 58 holdings in NBJP and 102 in QQQ, totalling 97.3% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 58 positions we hold weights for in NBJP and 102 in QQQ, against full books of 65 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for NBJP (97.8% of the fund), and 0 for NBJP that do not appear in QQQ (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of NBJP and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NBJP or QQQ?
NBJP has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, NBJP or QQQ?
Over the past year NBJP returned +25.72% vs +24.33% for QQQ, so NBJP leads on 1-year performance. Over the longest common window we track (2 years), NBJP annualized +21.10% vs +25.81% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBJP or QQQ?
QQQ has been the more volatile fund at 18.1% annualized versus 15.9% for NBJP. Worst drawdown: NBJP -14.3% vs QQQ -22.8%.
Should I hold both NBJP and QQQ?
NBJP and QQQ have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NBJP or QQQ?
NBJP yields 1.95% while QQQ yields 0.42%, so NBJP currently pays the higher dividend yield.
Is QQQ better than NBJP?
QQQ has a lower expense ratio. NBJP led over 1Y, QQQ over the full window. NBJP is less concentrated, with 36.3% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.