NBXG vs QQQ
Neuberger Berman Next Generation Connectivity Fund Inc vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. NBXG offers more diversification with 137 holdings.
Side-by-Side Comparison
| Metric | NBXG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.30% | 0.18% | |
| AUM | - | $496.3B | |
| Dividend Yield | 8.34% | 0.44% | |
| Holdings | 137 | 108 | |
| YTD Return | +9.78% | +16.64% | |
| 1Y Return | +13.99% | +27.27% | |
| 3Y Return (annualized) | +24.94% | +25.96% | |
| 5Y Return (annualized) | +4.39% | +14.54% | |
| Volatility (annualized) | 22.6% | 30.6% | |
| Max Drawdown | -51.8% | -83.0% | |
| Fund Family | Neuberger Berman | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 25, 2021 | Mar 10, 1999 |
NBXG vs QQQ Performance
Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NBXG returned +13.99% while QQQ returned +27.27%. Year to date, NBXG is up 9.78% versus a gain of 16.64% for QQQ.
Over three years, NBXG compounded at +24.94% per year against +25.96% for QQQ; over five years the annualized figures are +4.39% and +14.54% respectively. Across the full 5-year window we track, QQQ has the edge at +13.03% annualized vs +4.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 22.6% for NBXG. 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 -51.8% for NBXG and -83.0% for QQQ. 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NBXG charges 1.30% per year while QQQ charges 0.18%. On a $10,000 position that is $130 vs $18 annually, a gap of $112 per year that compounds over a long holding period. On income, NBXG currently yields 8.34% against 0.44% for QQQ.
Holdings Overlap
NBXG and QQQ share 22 holdings out of 132 unique holdings combined, representing a 32.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NBXG or QQQ?
NBXG has an expense ratio of 1.30% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $112 per year of difference.
Which performed better, NBXG or QQQ?
Over the past year NBXG returned +13.99% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), NBXG annualized +4.35% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, NBXG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 22.6% for NBXG. Worst drawdown: NBXG -51.8% vs QQQ -83.0%.
Should I hold both NBXG and QQQ?
NBXG and QQQ have a monthly-return correlation of 0.90, 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 NBXG and QQQ?
NBXG and QQQ share 22 common holdings with a 32.8% weight overlap. Combined, they hold 132 unique securities.
Which pays a higher dividend, NBXG or QQQ?
NBXG yields 8.34% while QQQ yields 0.44%, so NBXG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.