NBSM vs VXUS
Neuberger Berman Small-Mid Cap ETF vs Vanguard Total International Stock ETF
Which is better, NBSM or VXUS?
Small Cap Growth against Large Cap Blend.
VXUS has a lower expense ratio. VXUS 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 | NBSM | VXUS |
|---|---|---|
| Expense Ratio | 0.65% | 0.05%Best |
| AUM | $116M | $158.1B |
| Dividend Yield | 0.36% | 2.51% |
| Holdings | 80 | 8,747 |
| YTD Return | +11.38% | +14.83%Best |
| 1Y Return | +10.44% | +24.27%Best |
| 3Y Return (annualized) | - | +19.98% |
| 5Y Return (annualized) | - | +9.07% |
| Volatility (annualized) | 14.7% | 11.3%Best |
| Max Drawdown | -25.2% | -13.6%Best |
| $10,000 over 2.5 years | $11,206 | $15,676Best |
| Fund Family | Neuberger Berman | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Blend |
| Inception | Mar 20, 2024 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 22, 2024 to Sep 9, 2026 (2.5 years).
NBSM vs VXUS 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 2.5 years both funds cover.
NBSM vs VXUS Performance
Neuberger Berman Small-Mid Cap ETF (NBSM) is an ETF from Neuberger Berman and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year NBSM returned +10.44% while VXUS returned +24.27%. Year to date, NBSM is up 11.38% versus a gain of 14.83% for VXUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBSM has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 11.3% for VXUS. 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 -25.2% for NBSM and -13.6% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NBSM charges 0.65% per year while VXUS charges 0.05%. On a $10,000 position that is $65 vs $5 annually, a gap of $60 per year that compounds over a long holding period. On income, NBSM currently yields 0.36% against 2.51% for VXUS.
Holdings Overlap
At least 4.0% of NBSM's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 87.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
NBSM and VXUS share little of their money.
The two holdings books were reported 50 days apart, NBSM as of Aug 19, 2026 and VXUS as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 78 positions we hold weights for in NBSM and 8,094 in VXUS, against full books of 80 and 8,747.
You are not choosing between two funds in isolation.
Whichever of NBSM and VXUS 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, NBSM or VXUS?
NBSM has an expense ratio of 0.65% while VXUS charges 0.05%. VXUS is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, NBSM or VXUS?
Over the past year NBSM returned +10.44% vs +24.27% for VXUS, so VXUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBSM or VXUS?
NBSM has been the more volatile fund at 14.7% annualized versus 11.3% for VXUS. Worst drawdown: NBSM -25.2% vs VXUS -13.6%.
Should I hold both NBSM and VXUS?
NBSM and VXUS have a monthly-return correlation of 0.57, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between NBSM and VXUS?
At least 4.0% of NBSM's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 78 positions we hold weights for in NBSM and 8,094 in VXUS.
Which pays a higher dividend, NBSM or VXUS?
NBSM yields 0.36% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.
Is VXUS better than NBSM?
VXUS has a lower expense ratio. VXUS 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.