NEMD vs. NBJP
NEMD (Neuberger Berman Emerging Markets Debt Hard Currency ETF) and NBJP (Neuberger Berman Japan Equity ETF) are both exchange-traded funds - NEMD is a Emerging Markets Bonds fund actively managed by Neuberger Berman, while NBJP is a Japan Equities fund actively managed by Neuberger Berman. Both are actively managed. Their 0.45 correlation means their historical movements had little consistent relationship. NEMD charges 0.60%/yr vs 0.50%/yr for NBJP.
Performance
NEMD vs. NBJP - Performance Comparison
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Returns By Period
In the year-to-date period, NEMD achieves a 3.47% return, which is significantly lower than NBJP's 14.39% return.
NEMD
- 1D
- 0.08%
- 1M
- -1.04%
- 6M
- 1.88%
- YTD
- 3.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NBJP
- 1D
- -0.33%
- 1M
- -4.55%
- 6M
- 7.44%
- YTD
- 14.39%
- 1Y
- 27.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $908.32K | $596.18K | $649.03K | |
| $328.32K | $489.11K | $564.01K |
NEMD vs. NBJP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 3.47% | 7.10% |
NBJP Neuberger Berman Japan Equity ETF | 14.39% | 6.96% |
Correlation
The correlation between NEMD and NBJP is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 11, 2025 | 0.45 |
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Return for Risk
NEMD vs. NBJP — Risk / Return Rank
NEMD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NBJP
NEMD vs. NBJP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Emerging Markets Debt Hard Currency ETF (NEMD) and Neuberger Berman Japan Equity ETF (NBJP). 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.
| NEMD | NBJP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.03 | — |
| Martin ratioReturn relative to average drawdown | — | 6.22 | — |
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Drawdowns
NEMD vs. NBJP - Drawdown Comparison
The maximum NEMD drawdown since its inception was -4.43%, smaller than the maximum NBJP drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for NEMD and NBJP.
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Drawdown Indicators
| NEMD | NBJP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.43% | -14.34% | +9.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.34% | — |
Current DrawdownCurrent decline from peak | -1.35% | -9.27% | +7.92% |
Average DrawdownAverage peak-to-trough decline | -0.59% | -3.41% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.66% | — |
Volatility
NEMD vs. NBJP - Volatility Comparison
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Volatility by Period
| NEMD | NBJP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.26% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.46% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.44% | 22.06% | -15.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.44% | 20.56% | -14.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.44% | 20.56% | -14.12% |
NEMD vs. NBJP - Expense Ratio Comparison
NEMD has a 0.60% expense ratio, which is higher than NBJP's 0.50% expense ratio.
Dividends
NEMD vs. NBJP - Dividend Comparison
NEMD's dividend yield for the trailing twelve months is around 5.81%, more than NBJP's 2.00% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NBJP Neuberger Berman Japan Equity ETF | 2.00% | 2.29% | 0.75% |
NEMD Neuberger Berman Emerging Markets Debt Hard Currency ETF | 5.81% | 2.39% | 0.00% |
Frequently Asked Questions
NEMD and NBJP have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NBJP is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NBJP is cheaper with a 0.50% expense ratio, compared with 0.60% for NEMD.
NEMD has the higher dividend yield at 5.81%, compared with 2.00% for NBJP.
NEMD is categorized as Emerging Markets Bonds, while NBJP is Japan Equities. Their fees differ too: 0.60% for NEMD and 0.50% for NBJP.
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