NBCM vs SCHD
NBCM vs SCHD
Neuberger Berman Commodity Strategy ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. NBCM delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | NBCM | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.06% | |
| AUM | $455M | $103.7B | |
| Dividend Yield | 7.25% | 3.31% | |
| Holdings | 208 | 104 | |
| YTD Return | +25.40% | +23.31% | |
| 1Y Return | +38.79% | +30.42% | |
| 3Y Return (annualized) | +14.56% | +14.66% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 13.3% | 13.6% | |
| Max Drawdown | -14.8% | -33.4% | |
| Fund Family | Neuberger Berman | Charles Schwab Asset Management | |
| Category | Commodity | Equity | |
| Inception | Oct 24, 2022 | Oct 20, 2011 |
NBCM vs SCHD Performance
Neuberger Berman Commodity Strategy ETF (NBCM) is a ETF from Neuberger Berman and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NBCM returned +38.79% while SCHD returned +30.42%. Year to date, NBCM is up 25.40% versus a gain of 23.31% for SCHD.
Over three years, NBCM compounded at +14.56% per year against +14.66% for SCHD. Across the full 4-year window we track, NBCM has the edge at +12.24% annualized vs +11.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.3% for NBCM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.8% for NBCM and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBCM charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, NBCM currently yields 7.25% against 3.31% for SCHD.
Holdings Overlap
NBCM and SCHD share 1 holdings out of 186 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NBCM | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXX | 6.11% | 0.04% | 6.07% |
Frequently Asked Questions
Which is cheaper, NBCM or SCHD?
NBCM has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, NBCM or SCHD?
Over the past year NBCM returned +38.79% vs +30.42% for SCHD, so NBCM leads on 1-year performance. Over the longest common window we track (4 years), NBCM annualized +12.24% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, NBCM or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 13.3% for NBCM. Worst drawdown: NBCM -14.8% vs SCHD -33.4%.
Should I hold both NBCM and SCHD?
NBCM and SCHD have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBCM and SCHD?
NBCM and SCHD share 1 common holdings with a 0.0% weight overlap. Combined, they hold 186 unique securities.
Which pays a higher dividend, NBCM or SCHD?
NBCM yields 7.25% while SCHD yields 3.31%, so NBCM currently pays the higher dividend yield.
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