NBJP vs VOO
Neuberger Berman Japan Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. NBJP delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | NBJP | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $129M | $979.0B | |
| Dividend Yield | 1.91% | 1.09% | |
| Holdings | 65 | 509 | |
| YTD Return | +19.64% | +13.72% | |
| 1Y Return | +27.29% | +21.63% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 16.7% | 14.1% | |
| Max Drawdown | -14.3% | -34.3% | |
| Fund Family | Neuberger Berman | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 11, 2024 | Sep 7, 2010 |
NBJP vs VOO Performance
Neuberger Berman Japan Equity ETF (NBJP) is a ETF from Neuberger Berman and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NBJP returned +27.29% while VOO returned +21.63%. Year to date, NBJP is up 19.64% versus a gain of 13.72% for VOO.
Risk: Volatility and Drawdowns
NBJP has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -14.3% for NBJP 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBJP charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, NBJP currently yields 1.91% against 1.09% for VOO.
Holdings Overlap
NBJP and VOO share 0 holdings out of 566 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, NBJP or VOO?
NBJP has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, NBJP or VOO?
Over the past year NBJP returned +27.29% vs +21.63% for VOO, so NBJP leads on 1-year performance. Over the longest common window we track (2 years), NBJP annualized +24.27% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, NBJP or VOO?
NBJP has been the more volatile fund at 16.7% annualized versus 14.1% for VOO. Worst drawdown: NBJP -14.3% vs VOO -34.3%.
Should I hold both NBJP and VOO?
NBJP and VOO have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBJP and VOO?
NBJP and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 566 unique securities.
Which pays a higher dividend, NBJP or VOO?
NBJP yields 1.91% while VOO yields 1.09%, so NBJP currently pays the higher dividend yield.
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