NBCR vs QQQ
NBCR vs QQQ
Neuberger Berman Core Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. NBCR offers more diversification with 207 holdings.
Side-by-Side Comparison
| Metric | NBCR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.18% | |
| AUM | $829M | $455.8B | |
| Dividend Yield | 0.43% | 0.41% | |
| Holdings | 211 | 108 | |
| YTD Return | +9.62% | +16.83% | |
| 1Y Return | +18.55% | +26.58% | |
| 3Y Return (annualized) | - | +24.70% | |
| 5Y Return (annualized) | - | +14.88% | |
| Volatility (annualized) | 12.6% | 30.6% | |
| Max Drawdown | -18.2% | -83.0% | |
| Fund Family | Neuberger Berman | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 31, 2024 | Mar 10, 1999 |
NBCR vs QQQ Performance
Neuberger Berman Core Equity ETF (NBCR) is a ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NBCR returned +18.55% while QQQ returned +26.58%. Year to date, NBCR is up 9.62% versus a gain of 16.83% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.6% for NBCR. 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 -18.2% for NBCR and -83.0% for QQQ. 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NBCR charges 0.29% per year while QQQ charges 0.18%. On a $10,000 position that is $29 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, NBCR currently yields 0.43% against 0.41% for QQQ.
Holdings Overlap
NBCR and QQQ share 39 holdings out of 271 unique holdings combined, representing a 45.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NBCR | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 8.02% | 7.88% | 0.14% |
| AAPL | 6.38% | 7.46% | 1.08% |
| MSFT | 4.89% | 4.65% | 0.24% |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
See all 10 holdings NBCR shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, NBCR or QQQ?
NBCR has an expense ratio of 0.29% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, NBCR or QQQ?
Over the past year NBCR returned +18.55% vs +26.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NBCR annualized +17.91% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, NBCR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.6% for NBCR. Worst drawdown: NBCR -18.2% vs QQQ -83.0%.
Should I hold both NBCR and QQQ?
NBCR and QQQ have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBCR and QQQ?
NBCR and QQQ share 39 common holdings with a 45.0% weight overlap. Combined, they hold 271 unique securities.
Which pays a higher dividend, NBCR or QQQ?
NBCR yields 0.43% while QQQ yields 0.41%, so NBCR currently pays the higher dividend yield.
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