NBIE vs. NBCR

Last updated Aug 2, 2026

NBIE (Neuberger International Core Equity ETF) and NBCR (Neuberger Core Equity ETF) are both exchange-traded funds - NBIE is a Foreign Large Cap Equities fund actively managed by Neuberger, while NBCR is a Large Cap Blend Equities fund actively managed by Neuberger. Both are actively managed. Their 0.75 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.29% expense ratio.

Performance

NBIE vs. NBCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger International Core Equity ETF (NBIE) and Neuberger Core Equity ETF (NBCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NBIE

• 1D: -0.62%
• 1M: 2.65%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NBCR

• 1D: 0.66%
• 1M: 0.51%
• 6M: 6.11%
• YTD: 7.11%
• 1Y: 17.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.18%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NBCR Neuberger Core Equity ETF	$911.68K	$864.80K	$1.43M
NBIE Neuberger International Core Equity ETF	$959.13K	$979.01K	$749.86K

NBIE vs. NBCR - Yearly Performance Comparison

	2026 (YTD)
NBIE Neuberger International Core Equity ETF	10.76%
NBCR Neuberger Core Equity ETF	9.79%

Correlation

The correlation between NBIE and NBCR is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 9, 2026	0.75

Return for Risk

NBIE vs. NBCR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NBIE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

NBCR

NBCR Risk / Return Rank: 49
NBCR Sharpe Ratio Rank: 52
NBCR Sortino Ratio Rank: 50
NBCR Omega Ratio Rank: 50
NBCR Calmar Ratio Rank: 41
NBCR Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NBIE vs. NBCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger International Core Equity ETF (NBIE) and Neuberger Core Equity ETF (NBCR). 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	NBCR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.27	—
Sortino ratio: Return per unit of downside risk	—	1.81	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.50	—
Martin ratio: Return relative to average drawdown	—	6.17	—

Drawdowns

NBIE vs. NBCR - Drawdown Comparison

The maximum NBIE drawdown since its inception was -5.76%, smaller than the maximum NBCR drawdown of -18.23%. Use the drawdown chart below to compare losses from any high point for NBIE and NBCR.

Drawdown Indicators

	NBIE	NBCR	Difference
Max Drawdown Largest peak-to-trough decline	-5.76%	-18.23%	+12.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.35%	—
Current Drawdown Current decline from peak	-0.62%	-0.91%	+0.29%
Average Drawdown Average peak-to-trough decline	-1.33%	-2.18%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.50%	—

Volatility

Volatility by Period

	NBIE	NBCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.37%	12.23%	+6.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.37%	16.44%	+1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.37%	16.44%	+1.93%

NBIE vs. NBCR - Expense Ratio Comparison

Both NBIE and NBCR have an expense ratio of 0.29%.

Dividends

NBIE vs. NBCR - Dividend Comparison

NBIE has not paid dividends to shareholders, while NBCR's dividend yield for the trailing twelve months is around 0.42%.

Position	TTM	2025	2024
NBCR Neuberger Core Equity ETF	0.42%	0.45%	0.47%
NBIE Neuberger International Core Equity ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NBIE and NBCR in my portfolio?

NBIE and NBCR have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBIE or NBCR?

Both ETFs have the same 0.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NBIE or NBCR?

NBIE and NBCR have the same expense ratio: 0.29% per year.

Which ETF pays a higher dividend yield, NBIE or NBCR?

NBCR has the higher dividend yield at 0.42%, compared with 0.00% for NBIE.

What is the main difference between NBIE and NBCR?

NBIE is categorized as Foreign Large Cap Equities, while NBCR is Large Cap Blend Equities.