NBCR vs. ITOT
NBCR (Neuberger Core Equity ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Blend Equities funds. NBCR is actively managed, while ITOT is passively managed. Over the past year, NBCR returned 23.29% vs 28.81% for ITOT. With a 0.97 correlation, they move nearly in lockstep. NBCR charges 0.29%/yr vs 0.03%/yr for ITOT.
Performance
NBCR vs. ITOT - Performance Comparison
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Returns By Period
In the year-to-date period, NBCR achieves a 7.55% return, which is significantly lower than ITOT's 11.78% return.
NBCR
- 1D
- 0.83%
- 1M
- 3.58%
- YTD
- 7.55%
- 6M
- 7.45%
- 1Y
- 23.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ITOT
- 1D
- 0.48%
- 1M
- 4.64%
- YTD
- 11.78%
- 6M
- 11.52%
- 1Y
- 28.81%
- 3Y*
- 22.39%
- 5Y*
- 12.80%
- 10Y*
- 15.01%
NBCR vs. ITOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NBCR Neuberger Core Equity ETF | 7.55% | 18.69% | 6.82% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 11.78% | 17.00% | 8.68% |
Correlation
The correlation between NBCR and ITOT is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024 | 0.97 |
The correlation between NBCR and ITOT has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
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Return for Risk
NBCR vs. ITOT — Risk / Return Rank
NBCR
ITOT
NBCR vs. ITOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Core Equity ETF (NBCR) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.
| NBCR | ITOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.43 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 3.25 | -0.99 |
| Martin ratioReturn relative to average drawdown | 9.69 | 14.92 | -5.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NBCR | ITOT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 2.37 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.74 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 0.57 | +0.54 |
Drawdowns
NBCR vs. ITOT - Drawdown Comparison
The maximum NBCR drawdown since its inception was -18.23%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for NBCR and ITOT.
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Drawdown Indicators
| NBCR | ITOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.23% | -55.20% | +36.97% |
Max Drawdown (1Y)Largest decline over 1 year | -10.35% | -8.90% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.44% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.00% | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.25% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -2.22% | -6.97% | +4.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.41% | 1.94% | +0.47% |
Volatility
NBCR vs. ITOT - Volatility Comparison
Neuberger Core Equity ETF (NBCR) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) have volatilities of 2.91% and 2.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBCR | ITOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.91% | 2.94% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 9.14% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.51% | 12.19% | -0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.67% | 17.35% | -0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 18.26% | -1.59% |
NBCR vs. ITOT - Expense Ratio Comparison
NBCR has a 0.29% expense ratio, which is higher than ITOT's 0.03% expense ratio.
Dividends
NBCR vs. ITOT - Dividend Comparison
NBCR's dividend yield for the trailing twelve months is around 0.42%, less than ITOT's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.97% | 1.11% | 1.23% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% |
NBCR Neuberger Core Equity ETF | 0.42% | 0.45% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, NBCR and ITOT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ITOT has higher volatility (2.94%) compared to NBCR (2.91%). In terms of maximum drawdown, NBCR dropped -18.23% vs ITOT's -55.20%.
On 1-year performance, ITOT leads with 28.81% vs 23.29% for NBCR. On fees, ITOT is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ITOT has performed better with a 28.81% return vs 23.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ITOT is cheaper with a 0.03% expense ratio, compared with 0.29% for NBCR.
ITOT has the higher dividend yield at 0.97%, compared with 0.42% for NBCR.
They also come from different issuers: Neuberger and iShares. Their fees differ too: 0.29% for NBCR and 0.03% for ITOT.
ITOT currently has the higher Sharpe Ratio (2.37 vs 2.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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