NBCM vs. VGLT
Compare and contrast key facts about Neuberger Berman Commodity Strategy ETF (NBCM) and Vanguard Long-Term Treasury ETF (VGLT).
NBCM and VGLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBCM is an actively managed fund by Neuberger Berman. It was launched on Aug 27, 2012. VGLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBCM or VGLT.
Key characteristics
| NBCM | VGLT | |
|---|---|---|
| YTD Return | 3.04% | -4.26% |
| 1Y Return | -0.55% | 6.86% |
| Sharpe Ratio | -0.04 | 0.40 |
| Sortino Ratio | 0.03 | 0.66 |
| Omega Ratio | 1.00 | 1.08 |
| Calmar Ratio | -0.05 | 0.13 |
| Martin Ratio | -0.10 | 1.00 |
| Ulcer Index | 5.09% | 5.44% |
| Daily Std Dev | 12.37% | 13.54% |
| Max Drawdown | -12.85% | -46.18% |
| Current Drawdown | -7.68% | -38.50% |
Correlation
The correlation between NBCM and VGLT is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
NBCM vs. VGLT - Performance Comparison
In the year-to-date period, NBCM achieves a 3.04% return, which is significantly higher than VGLT's -4.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NBCM vs. VGLT - Expense Ratio Comparison
NBCM has a 0.66% expense ratio, which is higher than VGLT's 0.04% expense ratio.
Risk-Adjusted Performance
NBCM vs. VGLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Commodity Strategy ETF (NBCM) and Vanguard Long-Term Treasury ETF (VGLT). 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.
Dividends
NBCM vs. VGLT - Dividend Comparison
NBCM's dividend yield for the trailing twelve months is around 4.24%, more than VGLT's 4.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBCM Neuberger Berman Commodity Strategy ETF | 4.24% | 4.37% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGLT Vanguard Long-Term Treasury ETF | 4.11% | 3.33% | 2.83% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% | 2.75% | 3.19% |
Drawdowns
NBCM vs. VGLT - Drawdown Comparison
The maximum NBCM drawdown since its inception was -12.85%, smaller than the maximum VGLT drawdown of -46.18%. Use the drawdown chart below to compare losses from any high point for NBCM and VGLT. For additional features, visit the drawdowns tool.
Volatility
NBCM vs. VGLT - Volatility Comparison
The current volatility for Neuberger Berman Commodity Strategy ETF (NBCM) is 3.73%, while Vanguard Long-Term Treasury ETF (VGLT) has a volatility of 4.46%. This indicates that NBCM experiences smaller price fluctuations and is considered to be less risky than VGLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.