NBIE vs. NBCR

Last updated Jun 4, 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. A 0.78 correlation means they provide meaningful diversification when combined. 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: -0.68%
• 1M: 4.02%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBCR

• 1D: -0.71%
• 1M: 3.26%
• YTD: 6.67%
• 6M: 6.50%
• 1Y: 22.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBIE vs. NBCR - Yearly Performance Comparison

	2026 (YTD)
NBIE Neuberger International Core Equity ETF	4.75%
NBCR Neuberger Core Equity ETF	8.53%

Correlation

The correlation between NBIE and NBCR is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 10, 2026	0.78

Return for Risk

NBIE vs. NBCR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBCR

NBCR Risk / Return Rank: 55
NBCR Sharpe Ratio Rank: 59
NBCR Sortino Ratio Rank: 59
NBCR Omega Ratio Rank: 59
NBCR Calmar Ratio Rank: 45
NBCR Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

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

Sharpe Ratios by Period

	NBIE	NBCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	1.08	+0.02

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	-0.68%	-0.91%	+0.23%
Average Drawdown Average peak-to-trough decline	-1.62%	-2.22%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.41%	—

Volatility

Volatility by Period

	NBIE	NBCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.83%	11.51%	+8.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.83%	16.68%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.83%	16.68%	+3.15%

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 0.43%.

Position	TTM	2025	2024
NBCR Neuberger Core Equity ETF	0.43%	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 0.78, 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 0.43%, 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.