NBOS vs QQQ
Neuberger Berman Option Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, NBOS or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | NBOS | QQQ |
|---|---|---|
| Expense Ratio | 0.57% | 0.18%Best |
| AUM | $572M | $498.6B |
| Dividend Yield | 8.02% | 0.42% |
| Holdings | 31 | 321 |
| YTD Return | +11.43% | +23.76%Best |
| 1Y Return | +15.56% | +25.02%Best |
| 3Y Return (annualized) | - | +28.26% |
| 5Y Return (annualized) | - | +16.87% |
| Volatility (annualized) | 5.6%Best | 16.9% |
| Max Drawdown | -12.7%Best | -22.8% |
| $10,000 over 2.7 years | $13,953 | $17,984Best |
| Top 10 Weight | - | 47.2% |
| Fund Family | Neuberger Berman | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Jan 29, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 29, 2024 to Oct 5, 2026 (2.7 years).
NBOS 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 2.7 years both funds cover.
NBOS vs QQQ Performance
Neuberger Berman Option Strategy ETF (NBOS) is an ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NBOS returned +15.56% while QQQ returned +25.02%. Year to date, NBOS is up 11.43% versus a gain of 23.76% 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 16.9% compared with 5.6% for NBOS. 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 -12.7% for NBOS 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NBOS charges 0.57% per year while QQQ charges 0.18%. On a $10,000 position that is $57 vs $18 annually, a gap of $39 per year that compounds over a long holding period. On income, NBOS currently yields 8.02% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 9 holdings in NBOS and 102 in QQQ, totalling 100.0% 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 9 positions we hold weights for in NBOS and 102 in QQQ, against full books of 31 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for NBOS (97.8% of the fund), and 9 for NBOS that do not appear in QQQ (100.0%).
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 NBOS 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, NBOS or QQQ?
NBOS has an expense ratio of 0.57% while QQQ charges 0.18%. QQQ is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, NBOS or QQQ?
Over the past year NBOS returned +15.56% vs +25.02% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBOS or QQQ?
QQQ has been the more volatile fund at 16.9% annualized versus 5.6% for NBOS. Worst drawdown: NBOS -12.7% vs QQQ -22.8%.
Should I hold both NBOS and QQQ?
NBOS and QQQ have a monthly-return correlation of 0.77, 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, NBOS or QQQ?
NBOS yields 8.02% while QQQ yields 0.42%, so NBOS currently pays the higher dividend yield.
Is QQQ better than NBOS?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.