Correlation
The correlation between NBCC and MDY is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
NBCC vs. MDY
Compare and contrast key facts about Neuberger Berman Next Generation Connected Consumer ETF (NBCC) and SPDR S&P MidCap 400 ETF (MDY).
NBCC and MDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBCC is an actively managed fund by Neuberger Berman. It was launched on Apr 6, 2022. MDY is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on May 4, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBCC or MDY.
Performance
NBCC vs. MDY - Performance Comparison
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Key characteristics
NBCC:
0.96
MDY:
0.20
NBCC:
1.35
MDY:
0.32
NBCC:
1.17
MDY:
1.04
NBCC:
0.81
MDY:
0.10
NBCC:
2.94
MDY:
0.31
NBCC:
5.01%
MDY:
7.88%
NBCC:
17.01%
MDY:
22.14%
NBCC:
-27.54%
MDY:
-55.33%
NBCC:
-4.02%
MDY:
-10.61%
Returns By Period
In the year-to-date period, NBCC achieves a 5.17% return, which is significantly higher than MDY's -3.03% return.
NBCC
5.17%
5.69%
3.93%
16.14%
8.62%
N/A
N/A
MDY
-3.03%
5.57%
-9.87%
4.48%
7.29%
12.75%
8.47%
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NBCC vs. MDY - Expense Ratio Comparison
NBCC has a 0.56% expense ratio, which is higher than MDY's 0.23% expense ratio.
Risk-Adjusted Performance
NBCC vs. MDY — Risk-Adjusted Performance Rank
NBCC
MDY
NBCC vs. MDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Next Generation Connected Consumer ETF (NBCC) and SPDR S&P MidCap 400 ETF (MDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NBCC vs. MDY - Dividend Comparison
NBCC's dividend yield for the trailing twelve months is around 0.73%, less than MDY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBCC Neuberger Berman Next Generation Connected Consumer ETF | 0.73% | 0.77% | 0.56% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDY SPDR S&P MidCap 400 ETF | 1.28% | 1.18% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% | 1.17% |
Drawdowns
NBCC vs. MDY - Drawdown Comparison
The maximum NBCC drawdown since its inception was -27.54%, smaller than the maximum MDY drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for NBCC and MDY.
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Volatility
NBCC vs. MDY - Volatility Comparison
The current volatility for Neuberger Berman Next Generation Connected Consumer ETF (NBCC) is 3.81%, while SPDR S&P MidCap 400 ETF (MDY) has a volatility of 5.99%. This indicates that NBCC experiences smaller price fluctuations and is considered to be less risky than MDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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