NBSD vs. NEMD

Last updated Apr 1, 2026

Compare and contrast key facts about Neuberger Berman Short Duration Income ETF (NBSD) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD).

NBSD and NEMD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBSD is an actively managed fund by Neuberger Berman. It was launched on Jun 21, 2010. NEMD is an actively managed fund by Neuberger Berman. It was launched on Sep 27, 2013.

Performance

NBSD vs. NEMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Short Duration Income ETF (NBSD) and Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD). The values are adjusted to include any dividend payments, if applicable.

NBSD vs. NEMD - Yearly Performance Comparison

	2026 (YTD)	2025
NBSD Neuberger Berman Short Duration Income ETF	0.21%	2.30%
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	-0.36%	7.07%

Returns By Period

In the year-to-date period, NBSD achieves a 0.21% return, which is significantly higher than NEMD's -0.36% return.

NBSD

• 1D: 0.26%
• 1M: -0.59%
• YTD: 0.21%
• 6M: 1.46%
• 1Y: 4.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEMD

• 1D: 1.13%
• 1M: -3.18%
• YTD: -0.36%
• 6M: 3.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBSD vs. NEMD - Expense Ratio Comparison

NBSD has a 0.35% expense ratio, which is lower than NEMD's 0.60% expense ratio.

NEMD

Neuberger Berman Emerging Markets Debt Hard Currency ETF

NBSD

Neuberger Berman Short Duration Income ETF

Return for Risk

NBSD vs. NEMD — Risk / Return Rank

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

NBSD

NBSD Risk / Return Rank: 81
NBSD Sharpe Ratio Rank: 76
NBSD Sortino Ratio Rank: 75
NBSD Omega Ratio Rank: 91
NBSD Calmar Ratio Rank: 69
NBSD Martin Ratio Rank: 93

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.

NBSD vs. NEMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Short Duration Income ETF (NBSD) 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.

	NBSD	NEMD	Difference
Sharpe ratio Return per unit of total volatility	1.43	—	—
Sortino ratio Return per unit of downside risk	1.96	—	—
Omega ratio Gain probability vs. loss probability	1.40	—	—
Calmar ratio Return relative to maximum drawdown	1.82	—	—
Martin ratio Return relative to average drawdown	14.11	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NBSD	NEMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.04	1.71	+0.34

Correlation

The correlation between NBSD and NEMD is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NBSD vs. NEMD - Dividend Comparison

NBSD's dividend yield for the trailing twelve months is around 4.90%, more than NEMD's 3.88% yield.

	TTM	2025	2024
NBSD Neuberger Berman Short Duration Income ETF	4.90%	5.06%	2.96%
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF	3.88%	2.39%	0.00%

Drawdowns

NBSD vs. NEMD - Drawdown Comparison

The maximum NBSD drawdown since its inception was -2.63%, smaller than the maximum NEMD drawdown of -4.43%. Use the drawdown chart below to compare losses from any high point for NBSD and NEMD.

Drawdown Indicators

	NBSD	NEMD	Difference
Max Drawdown Largest peak-to-trough decline	-2.63%	-4.43%	+1.80%
Max Drawdown (1Y) Largest decline over 1 year	-2.55%	—	—
Current Drawdown Current decline from peak	-0.62%	-3.35%	+2.73%
Average Drawdown Average peak-to-trough decline	-0.24%	-0.49%	+0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	—	—

Volatility

Volatility by Period

	NBSD	NEMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.13%	6.30%	-3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.89%	6.30%	-3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.89%	6.30%	-3.41%