NBGR vs. FPRO
Compare and contrast key facts about Neuberger Berman Global Real Estate ETF (NBGR) and Fidelity Real Estate Investment ETF (FPRO).
NBGR and FPRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBGR is an actively managed fund by Neuberger Berman. It was launched on Dec 30, 2014. FPRO is an actively managed fund by Fidelity. It was launched on Feb 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBGR or FPRO.
Correlation
The correlation between NBGR and FPRO is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NBGR vs. FPRO - Performance Comparison
Key characteristics
NBGR:
0.01
FPRO:
0.96
NBGR:
0.11
FPRO:
1.36
NBGR:
1.02
FPRO:
1.17
NBGR:
0.01
FPRO:
0.59
NBGR:
0.04
FPRO:
3.04
NBGR:
5.01%
FPRO:
4.96%
NBGR:
14.32%
FPRO:
15.65%
NBGR:
-39.57%
FPRO:
-32.80%
NBGR:
-27.20%
FPRO:
-8.52%
Returns By Period
NBGR
0.00%
0.00%
-4.72%
4.28%
-4.03%
1.07%
FPRO
4.13%
6.74%
3.08%
16.35%
N/A
N/A
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NBGR vs. FPRO - Expense Ratio Comparison
NBGR has a 0.75% expense ratio, which is higher than FPRO's 0.59% expense ratio.
Risk-Adjusted Performance
NBGR vs. FPRO — Risk-Adjusted Performance Rank
NBGR
FPRO
NBGR vs. FPRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Global Real Estate ETF (NBGR) and Fidelity Real Estate Investment ETF (FPRO). 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.
Dividends
NBGR vs. FPRO - Dividend Comparison
NBGR's dividend yield for the trailing twelve months is around 4.52%, more than FPRO's 2.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NBGR Neuberger Berman Global Real Estate ETF | 4.52% | 4.52% | 2.11% | 0.94% | 1.35% | 0.35% | 3.24% | 1.83% | 1.53% | 2.53% | 1.37% |
FPRO Fidelity Real Estate Investment ETF | 2.40% | 2.50% | 2.83% | 2.67% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NBGR vs. FPRO - Drawdown Comparison
The maximum NBGR drawdown since its inception was -39.57%, which is greater than FPRO's maximum drawdown of -32.80%. Use the drawdown chart below to compare losses from any high point for NBGR and FPRO. For additional features, visit the drawdowns tool.
Volatility
NBGR vs. FPRO - Volatility Comparison
The current volatility for Neuberger Berman Global Real Estate ETF (NBGR) is 0.00%, while Fidelity Real Estate Investment ETF (FPRO) has a volatility of 4.76%. This indicates that NBGR experiences smaller price fluctuations and is considered to be less risky than FPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.