NEMD vs QQQ
Neuberger Berman Emerging Markets Debt Hard Currency ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. NEMD offers more diversification with 276 holdings.
Side-by-Side Comparison
| Metric | NEMD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.18% | |
| AUM | $138M | $496.3B | |
| Dividend Yield | 5.83% | 0.44% | |
| Holdings | 276 | 108 | |
| YTD Return | +4.00% | +16.23% | |
| 1Y Return | +11.15% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 5.5% | 30.6% | |
| Max Drawdown | -4.4% | -83.0% | |
| Fund Family | Neuberger Berman | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 11, 2025 | Mar 10, 1999 |
NEMD vs QQQ Performance
Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) is a ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NEMD returned +11.15% while QQQ returned +26.23%. Year to date, NEMD is up 4.00% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 5.5% for NEMD. 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 -4.4% for NEMD 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NEMD charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, NEMD currently yields 5.83% against 0.44% for QQQ.
Holdings Overlap
NEMD and QQQ share 0 holdings out of 152 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, NEMD or QQQ?
NEMD has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, NEMD or QQQ?
Over the past year NEMD returned +11.15% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), NEMD annualized +11.18% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, NEMD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 5.5% for NEMD. Worst drawdown: NEMD -4.4% vs QQQ -83.0%.
Should I hold both NEMD and QQQ?
NEMD and QQQ have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NEMD and QQQ?
NEMD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 152 unique securities.
Which pays a higher dividend, NEMD or QQQ?
NEMD yields 5.83% while QQQ yields 0.44%, so NEMD currently pays the higher dividend yield.
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