NBET vs. NBSD

Last updated Apr 2, 2026

Compare and contrast key facts about Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Neuberger Berman Short Duration Income ETF (NBSD).

NBET and NBSD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBET is an actively managed fund by Neuberger Berman. It was launched on Apr 6, 2022. NBSD is an actively managed fund by Neuberger Berman. It was launched on Jun 21, 2010.

Performance

NBET vs. NBSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Neuberger Berman Short Duration Income ETF (NBSD). The values are adjusted to include any dividend payments, if applicable.

NBET vs. NBSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NBET Neuberger Berman Energy Transition & Infrastructure ETF	24.09%	5.87%	15.61%
NBSD Neuberger Berman Short Duration Income ETF	0.23%	6.18%	3.97%

Returns By Period

In the year-to-date period, NBET achieves a 24.09% return, which is significantly higher than NBSD's 0.23% return.

NBET

• 1D: -1.84%
• 1M: 1.85%
• YTD: 24.09%
• 6M: 23.66%
• 1Y: 22.63%
• 3Y*: 20.87%
• 5Y*: —
• 10Y*: —

NBSD

• 1D: 0.02%
• 1M: -0.51%
• YTD: 0.23%
• 6M: 1.46%
• 1Y: 4.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBET vs. NBSD - Expense Ratio Comparison

NBET has a 0.65% expense ratio, which is higher than NBSD's 0.35% expense ratio.

NBET

Neuberger Berman Energy Transition & Infrastructure ETF

NBSD

Neuberger Berman Short Duration Income ETF

Return for Risk

NBET vs. NBSD — Risk / Return Rank

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

NBET

NBET Risk / Return Rank: 51
NBET Sharpe Ratio Rank: 59
NBET Sortino Ratio Rank: 50
NBET Omega Ratio Rank: 59
NBET Calmar Ratio Rank: 46
NBET Martin Ratio Rank: 44

NBSD

NBSD Risk / Return Rank: 80
NBSD Sharpe Ratio Rank: 78
NBSD Sortino Ratio Rank: 77
NBSD Omega Ratio Rank: 93
NBSD Calmar Ratio Rank: 60
NBSD Martin Ratio Rank: 91

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.

NBET vs. NBSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Neuberger Berman Short Duration Income ETF (NBSD). 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.

	NBET	NBSD	Difference
Sharpe ratio Return per unit of total volatility	1.12	1.54	-0.43
Sortino ratio Return per unit of downside risk	1.44	2.11	-0.66
Omega ratio Gain probability vs. loss probability	1.23	1.43	-0.20
Calmar ratio Return relative to maximum drawdown	1.42	1.75	-0.33
Martin ratio Return relative to average drawdown	4.93	13.54	-8.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NBET vs. NBSD - Sharpe Ratio Comparison

The current NBET Sharpe Ratio is 1.12, which is comparable to the NBSD Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of NBET and NBSD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NBET	NBSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	1.54	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	2.05	-1.29

Correlation

The correlation between NBET and NBSD is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NBET vs. NBSD - Dividend Comparison

NBET's dividend yield for the trailing twelve months is around 2.34%, less than NBSD's 4.90% yield.

	TTM	2025	2024	2023	2022
NBET Neuberger Berman Energy Transition & Infrastructure ETF	2.34%	2.70%	2.43%	1.22%	0.87%
NBSD Neuberger Berman Short Duration Income ETF	4.90%	5.06%	2.96%	0.00%	0.00%

Drawdowns

NBET vs. NBSD - Drawdown Comparison

The maximum NBET drawdown since its inception was -18.72%, which is greater than NBSD's maximum drawdown of -2.63%. Use the drawdown chart below to compare losses from any high point for NBET and NBSD.

Drawdown Indicators

	NBET	NBSD	Difference
Max Drawdown Largest peak-to-trough decline	-18.72%	-2.63%	-16.09%
Max Drawdown (1Y) Largest decline over 1 year	-16.67%	-2.55%	-14.12%
Current Drawdown Current decline from peak	-3.36%	-0.60%	-2.76%
Average Drawdown Average peak-to-trough decline	-5.13%	-0.24%	-4.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.80%	0.33%	+4.47%

Volatility

NBET vs. NBSD - Volatility Comparison

Neuberger Berman Energy Transition & Infrastructure ETF (NBET) has a higher volatility of 4.26% compared to Neuberger Berman Short Duration Income ETF (NBSD) at 0.70%. This indicates that NBET's price experiences larger fluctuations and is considered to be riskier than NBSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBET	NBSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	0.70%	+3.56%
Volatility (6M) Calculated over the trailing 6-month period	10.29%	0.96%	+9.33%
Volatility (1Y) Calculated over the trailing 1-year period	20.37%	3.12%	+17.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.62%	2.89%	+16.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.62%	2.89%	+16.73%