Neuberger Berman Option Strategy ETF (NBOS) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NBOS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NBOS
NBOS charges 0.56% annually. There are 19 ETFs in the Options Trading category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Tax-Aware Collateral ETF | 0.14% | 1.21B | Apr 2026 | NBOS vs CBOX | |
| Parametric Hedged Equity ETF | 0.29% | 139.40M | Oct 2023 | NBOS vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.87M | Jul 2025 | NBOS vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | NBOS vs HEQT | |
| Castellan Targeted Income ETF | 0.45% | — | Jun 2025 | NBOS vs CTIF |
Best Risk-Adjusted Alternatives to NBOS
NBOS has a PortfoliosLab risk / return rank of 91. There are 31 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | NBOS vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.22M | Mar 2023 | NBOS vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 199.47M | May 2020 | NBOS vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | NBOS vs PBAP | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 153.67M | Mar 2023 | NBOS vs XMAR |
Top Performing NBOS Alternatives (YTD)
NBOS is at 9.31% YTD. There are 26 ETFs in the Options Trading category with higher YTD returns, going as high as 90.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | NBOS vs AMDY | |
| Defiance Oil Enhanced Options Income ETF | 44.25% | 64.41M | May 2024 | NBOS vs USOY | |
| Simplify Piper Sandler US Small-Cap PLUS Income ET... | 17.71% | 6.72M | Apr 2025 | NBOS vs LITL | |
| Defiance R2000 Weekly Distribution ETF | 15.27% | 95.57M | Oct 2023 | NBOS vs IWMY | |
| Horizon Dividend Income ETF | 14.73% | — | Jun 2025 | NBOS vs DIVN |
Lowest Volatility Alternatives to NBOS
NBOS has 8.23% 1-year volatility. There are 99 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.30% | — | Mar 2024 | NBOS vs LAPR | |
| Alpha Architect Tail Risk ETF | 1.57% | 709.87M | Aug 2013 | NBOS vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - April | 1.57% | 32.22M | Mar 2023 | NBOS vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | 1.68% | 13.68M | Jun 2023 | NBOS vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.06% | — | Mar 2024 | NBOS vs XIMR |
Lowest Drawdown Alternatives to NBOS
NBOS has a 1-year max drawdown of -4.71%. There are 73 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | NBOS vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.22M | Mar 2023 | NBOS vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.68M | Jun 2023 | NBOS vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 709.87M | Aug 2013 | NBOS vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 199.47M | May 2020 | NBOS vs APRW |
Other ETFs from Neuberger Berman
The 7 most viewed Neuberger Berman ETFs shown here include NBCM, NBDS, NEMD and span 9 categories. AUM among these funds goes as high as $1B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Commodity Strategy ETF | Commodities | 76 | 25.35% | 457.70M | Aug 2012 | NBOS vs NBCM | |
| Neuberger Berman Disrupters ETF | Technology Equities | 26 | 11.35% | 142.90M | Apr 2022 | NBOS vs NBDS | |
| Neuberger Berman Emerging Markets Debt Hard Curren... | Emerging Markets Bonds | — | 3.92% | 137.00M | Sep 2013 | NBOS vs NEMD | |
| Neuberger Berman Short Duration Income ETF | Short-Term Bond | 91 | 1.32% | 1.20B | Jun 2010 | NBOS vs NBSD | |
| Neuberger Berman Energy Transition & Infrastructur... | Infrastructure Equities, Energy Equities | 70 | 23.94% | 46.90M | Apr 2022 | NBOS vs NBET | |
| Neuberger Berman China Equity ETF | China Equities, Asia Pacific Equities | 68 | 14.31% | 16.84M | Oct 2023 | NBOS vs NBCE | |
| Neuberger Berman Japan Equity ETF | Japan Equities, Asia Pacific Equities | 48 | 14.32% | 124.41M | Sep 2024 | NBOS vs NBJP |
Often Compared With NBOS
Investors most often compare NBOS with PUTW, VOO, SPY. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare NBOS with Any Fund or Stock
Compare NBOS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NBOS with funds that move differently
Neuberger Berman Option Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NBOS.
Explore NBOS Diversifiers