NBET vs. NEMD
NBET (Neuberger Berman Energy Transition & Infrastructure ETF) and NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) are both exchange-traded funds - NBET is a Energy Equities fund actively managed by Neuberger Berman, while NEMD is a Emerging Markets Bonds fund actively managed by Neuberger Berman. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. NBET charges 0.65%/yr vs 0.60%/yr for NEMD.
Performance
NBET vs. NEMD - Performance Comparison
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Returns By Period
In the year-to-date period, NBET achieves a 20.80% return, which is significantly higher than NEMD's 3.64% return.
NBET
- 1D
- 0.19%
- 1M
- -5.87%
- YTD
- 20.80%
- 6M
- 20.90%
- 1Y
- 23.09%
- 3Y*
- 19.86%
- 5Y*
- —
- 10Y*
- —
NEMD
- 1D
- 0.13%
- 1M
- 1.16%
- YTD
- 3.64%
- 6M
- 3.74%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBET vs. NEMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 20.80% | 2.75% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 3.64% | 7.10% |
Correlation
The correlation between NBET and NEMD is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 11, 2025 | -0.11 |
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Return for Risk
NBET vs. NEMD — Risk / Return Rank
NBET
NEMD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NBET vs. NEMD - 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 Emerging Markets Debt Hard Currency ETF (NEMD). 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.
| NBET | NEMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | — | — |
| Martin ratioReturn relative to average drawdown | 7.90 | — | — |
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Drawdowns
NBET vs. NEMD - Drawdown Comparison
The maximum NBET drawdown since its inception was -18.72%, which is greater than NEMD's maximum drawdown of -4.43%. Use the drawdown chart below to compare losses from any high point for NBET and NEMD.
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Drawdown Indicators
| NBET | NEMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.72% | -4.43% | -14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -8.00% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.72% | — | — |
Current DrawdownCurrent decline from peak | -6.98% | -1.18% | -5.80% |
Average DrawdownAverage peak-to-trough decline | -5.07% | -0.56% | -4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | — | — |
Volatility
NBET vs. NEMD - Volatility Comparison
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Volatility by Period
| NBET | NEMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.00% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.66% | 6.63% | +8.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.48% | 6.63% | +12.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.48% | 6.63% | +12.85% |
NBET vs. NEMD - Expense Ratio Comparison
NBET has a 0.65% expense ratio, which is higher than NEMD's 0.60% expense ratio.
Dividends
NBET vs. NEMD - Dividend Comparison
NBET's dividend yield for the trailing twelve months is around 1.71%, less than NEMD's 4.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 1.71% | 2.70% | 2.43% | 1.22% | 0.87% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 4.73% | 2.39% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NBET and NEMD have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEMD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEMD is cheaper with a 0.60% expense ratio, compared with 0.65% for NBET.
NEMD has the higher dividend yield at 4.73%, compared with 1.71% for NBET.
NBET is categorized as Energy Equities, while NEMD is Emerging Markets Bonds. Their fees differ too: 0.65% for NBET and 0.60% for NEMD.
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