NBXG vs SCHD
Neuberger Berman Next Generation Connectivity Fund Inc vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. NBXG offers more diversification with 137 holdings.
Side-by-Side Comparison
| Metric | NBXG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.30% | 0.06% | |
| AUM | - | $108.7B | |
| Dividend Yield | 8.34% | 3.13% | |
| Holdings | 137 | 104 | |
| YTD Return | +9.06% | +27.67% | |
| 1Y Return | +13.15% | +31.26% | |
| 3Y Return (annualized) | +24.35% | +16.66% | |
| 5Y Return (annualized) | +4.43% | +10.18% | |
| Volatility (annualized) | 22.5% | 13.6% | |
| Max Drawdown | -51.8% | -33.4% | |
| Fund Family | Neuberger Berman | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 25, 2021 | Oct 20, 2011 |
NBXG vs SCHD Performance
Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a ETF from Neuberger Berman and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NBXG returned +13.15% while SCHD returned +31.26%. Year to date, NBXG is up 9.06% versus a gain of 27.67% for SCHD.
Over three years, NBXG compounded at +24.35% per year against +16.66% for SCHD; over five years the annualized figures are +4.43% and +10.18% respectively. Across the full 5-year window we track, SCHD has the edge at +11.57% annualized vs +4.22%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBXG has been the more volatile fund, with annualized monthly volatility of 22.5% compared with 13.6% for SCHD. 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 -33.4% for SCHD. 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBXG charges 1.30% per year while SCHD charges 0.06%. On a $10,000 position that is $130 vs $6 annually, a gap of $124 per year that compounds over a long holding period. On income, NBXG currently yields 8.34% against 3.13% for SCHD.
Holdings Overlap
NBXG and SCHD share 1 holdings out of 151 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NBXG | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXX | 1.04% | 0.05% | 0.99% |
Frequently Asked Questions
Which is cheaper, NBXG or SCHD?
NBXG has an expense ratio of 1.30% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $124 per year of difference.
Which performed better, NBXG or SCHD?
Over the past year NBXG returned +13.15% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), NBXG annualized +4.22% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, NBXG or SCHD?
NBXG has been the more volatile fund at 22.5% annualized versus 13.6% for SCHD. Worst drawdown: NBXG -51.8% vs SCHD -33.4%.
Should I hold both NBXG and SCHD?
NBXG and SCHD have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBXG and SCHD?
NBXG and SCHD share 1 common holdings with a 0.1% weight overlap. Combined, they hold 151 unique securities.
Which pays a higher dividend, NBXG or SCHD?
NBXG yields 8.34% while SCHD yields 3.13%, so NBXG currently pays the higher dividend yield.
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