NBFC vs VOO
NBFC vs VOO
Neuberger Berman Flexible Credit Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | NBFC | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $76M | $979.0B | |
| Dividend Yield | 7.29% | 1.09% | |
| Holdings | 557 | 509 | |
| YTD Return | +2.26% | +13.11% | |
| 1Y Return | +5.79% | +22.88% | |
| 3Y Return (annualized) | - | +21.08% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 3.3% | 14.1% | |
| Max Drawdown | -4.0% | -34.3% | |
| Fund Family | Neuberger Berman | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 24, 2024 | Sep 7, 2010 |
NBFC vs VOO Performance
Neuberger Berman Flexible Credit Income ETF (NBFC) is a ETF from Neuberger Berman and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NBFC returned +5.79% while VOO returned +22.88%. Year to date, NBFC is up 2.26% versus a gain of 13.11% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 3.3% for NBFC. 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 -4.0% for NBFC and -34.3% for VOO. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NBFC charges 0.40% per year while VOO charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, NBFC currently yields 7.29% against 1.09% for VOO.
Holdings Overlap
NBFC and VOO share 1 holdings out of 800 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 NBFC | Weight in VOO | Difference |
|---|---|---|---|
| CNP | 0.18% | 0.04% | 0.14% |
Frequently Asked Questions
Which is cheaper, NBFC or VOO?
NBFC has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, NBFC or VOO?
Over the past year NBFC returned +5.79% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), NBFC annualized +7.84% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, NBFC or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 3.3% for NBFC. Worst drawdown: NBFC -4.0% vs VOO -34.3%.
Should I hold both NBFC and VOO?
NBFC and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBFC and VOO?
NBFC and VOO share 1 common holdings with a 0.0% weight overlap. Combined, they hold 800 unique securities.
Which pays a higher dividend, NBFC or VOO?
NBFC yields 7.29% while VOO yields 1.09%, so NBFC currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.