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 -0.14, 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 24.88% return, which is significantly higher than NEMD's 3.89% return.
NBET
- 1D
- 1.82%
- 1M
- 1.45%
- 6M
- 24.10%
- YTD
- 24.88%
- 1Y
- 27.27%
- 3Y*
- 19.42%
- 5Y*
- —
- 10Y*
- —
NEMD
- 1D
- -0.73%
- 1M
- -0.53%
- 6M
- 3.30%
- YTD
- 3.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBET vs. NEMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 24.88% | 2.75% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 3.89% | 7.10% |
Correlation
The correlation between NBET and NEMD is -0.14, 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 | -0.14 |
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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 | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | — | — |
| Martin ratioReturn relative to average drawdown | 8.53 | — | — |
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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 | -3.83% | -0.95% | -2.88% |
Average DrawdownAverage peak-to-trough decline | -5.08% | -0.56% | -4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | — | — |
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 | 5.11% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.47% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.04% | 6.55% | +8.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.47% | 6.55% | +12.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 6.55% | +12.92% |
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 2.41%, less than NEMD's 5.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 2.41% | 2.70% | 2.43% | 1.22% | 0.87% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 5.25% | 2.39% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NBET and NEMD have a correlation of -0.14, 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 5.25%, compared with 2.41% 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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