NBCR vs. NBIE

Last updated Jul 12, 2026

NBCR (Neuberger Core Equity ETF) and NBIE (Neuberger International Core Equity ETF) are both exchange-traded funds - NBCR is a Large Cap Blend Equities fund actively managed by Neuberger, while NBIE is a Foreign Large Cap Equities fund actively managed by Neuberger. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.29% expense ratio.

Performance

NBCR vs. NBIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Core Equity ETF (NBCR) and Neuberger International Core Equity ETF (NBIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NBCR

• 1D: 0.30%
• 1M: 2.02%
• 6M: 5.46%
• YTD: 7.72%
• 1Y: 17.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIE

• 1D: 0.55%
• 1M: 0.41%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NBCR vs. NBIE - Yearly Performance Comparison

	2026 (YTD)
NBCR Neuberger Core Equity ETF	10.42%
NBIE Neuberger International Core Equity ETF	8.34%

Correlation

The correlation between NBCR and NBIE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 9, 2026	0.76

Return for Risk

NBCR vs. NBIE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBCR

NBCR Risk / Return Rank: 50
NBCR Sharpe Ratio Rank: 53
NBCR Sortino Ratio Rank: 53
NBCR Omega Ratio Rank: 52
NBCR Calmar Ratio Rank: 41
NBCR Martin Ratio Rank: 51

NBIE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NBCR vs. NBIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Core Equity ETF (NBCR) and Neuberger International Core Equity ETF (NBIE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NBCR	NBIE	Difference
Sharpe ratio: Return per unit of total volatility	1.46	—	—
Sortino ratio: Return per unit of downside risk	2.07	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	6.98	—	—

Drawdowns

NBCR vs. NBIE - Drawdown Comparison

The maximum NBCR drawdown since its inception was -18.23%, which is greater than NBIE's maximum drawdown of -5.76%. Use the drawdown chart below to compare losses from any high point for NBCR and NBIE.

Drawdown Indicators

	NBCR	NBIE	Difference
Max Drawdown Largest peak-to-trough decline	-18.23%	-5.76%	-12.47%
Max Drawdown (1Y) Largest decline over 1 year	-10.35%	—	—
Current Drawdown Current decline from peak	0.00%	-0.61%	+0.61%
Average Drawdown Average peak-to-trough decline	-2.20%	-1.46%	-0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	NBCR	NBIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.91%	18.97%	-7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.54%	18.97%	-2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.54%	18.97%	-2.43%

NBCR vs. NBIE - Expense Ratio Comparison

Both NBCR and NBIE have an expense ratio of 0.29%.

Dividends

NBCR vs. NBIE - Dividend Comparison

NBCR's dividend yield for the trailing twelve months is around 0.42%, while NBIE has not paid dividends to shareholders.

Position	TTM	2025	2024
NBCR Neuberger Core Equity ETF	0.42%	0.45%	0.47%
NBIE Neuberger International Core Equity ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NBCR and NBIE in my portfolio?

NBCR and NBIE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBCR or NBIE?

Both ETFs have the same 0.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NBCR or NBIE?

NBCR and NBIE have the same expense ratio: 0.29% per year.

Which ETF pays a higher dividend yield, NBCR or NBIE?

NBCR has the higher dividend yield at 0.42%, compared with 0.00% for NBIE.

What is the main difference between NBCR and NBIE?

NBCR is categorized as Large Cap Blend Equities, while NBIE is Foreign Large Cap Equities.