NBIE vs. IDHQ
NBIE (Neuberger International Core Equity ETF) and IDHQ (Invesco S&P International Developed High Quality ETF) are both Foreign Large Cap Equities funds. NBIE is actively managed, while IDHQ is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.29% expense ratio.
Performance
NBIE vs. IDHQ - Performance Comparison
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Returns By Period
NBIE
- 1D
- -0.29%
- 1M
- -0.13%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDHQ
- 1D
- -0.25%
- 1M
- 1.40%
- 6M
- 17.71%
- YTD
- 24.14%
- 1Y
- 35.93%
- 3Y*
- 18.62%
- 5Y*
- 9.52%
- 10Y*
- 10.56%
NBIE vs. IDHQ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
NBIE Neuberger International Core Equity ETF | 8.01% |
IDHQ Invesco S&P International Developed High Quality ETF | 19.19% |
Correlation
The correlation between NBIE and IDHQ is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 9, 2026 | 0.89 |
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Return for Risk
NBIE vs. IDHQ — Risk / Return Rank
NBIE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDHQ
NBIE vs. IDHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger International Core Equity ETF (NBIE) and Invesco S&P International Developed High Quality ETF (IDHQ). 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.
| NBIE | IDHQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.69 | — |
| Martin ratioReturn relative to average drawdown | — | 10.55 | — |
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Drawdowns
NBIE vs. IDHQ - Drawdown Comparison
The maximum NBIE drawdown since its inception was -5.76%, smaller than the maximum IDHQ drawdown of -73.84%. Use the drawdown chart below to compare losses from any high point for NBIE and IDHQ.
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Drawdown Indicators
| NBIE | IDHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.76% | -73.84% | +68.08% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.44% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.54% | — |
Current DrawdownCurrent decline from peak | -0.91% | -2.44% | +1.53% |
Average DrawdownAverage peak-to-trough decline | -1.42% | -21.07% | +19.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.41% | — |
Volatility
NBIE vs. IDHQ - Volatility Comparison
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Volatility by Period
| NBIE | IDHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.73% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.60% | 20.74% | -2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.60% | 17.83% | +0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.60% | 17.96% | +0.64% |
NBIE vs. IDHQ - Expense Ratio Comparison
Both NBIE and IDHQ have an expense ratio of 0.29%.
Dividends
NBIE vs. IDHQ - Dividend Comparison
NBIE has not paid dividends to shareholders, while IDHQ's dividend yield for the trailing twelve months is around 2.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDHQ Invesco S&P International Developed High Quality ETF | 2.04% | 2.46% | 2.41% | 2.52% | 3.33% | 2.10% | 1.60% | 2.10% | 2.67% | 1.68% | 2.36% | 1.71% |
NBIE Neuberger International Core Equity ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NBIE and IDHQ have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NBIE and IDHQ have the same expense ratio: 0.29% per year.
IDHQ has the higher dividend yield at 2.04%, compared with 0.00% for NBIE.
They also come from different issuers: Neuberger and Invesco.
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