NBIE vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricNBIESPYWinner
Expense Ratio0.29%0.09%
AUM$230M$789.1B
Dividend Yield0.00%1.01%
Holdings265505
YTD Return+10.04%+13.50%
1Y Return-+23.56%
3Y Return (annualized)-+21.17%
5Y Return (annualized)-+13.46%
Volatility (annualized)-15.3%
Max Drawdown-5.8%-56.5%
Fund FamilyNeuberger BermanState Street Investment Management
CategoryEquityEquity
InceptionMar 6, 2026Jan 22, 1993

NBIE vs SPY Performance

Neuberger International Core Equity ETF (NBIE) is a ETF from Neuberger Berman and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, NBIE is up 10.04% versus a gain of 13.50% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -5.8% for NBIE and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

NBIE charges 0.29% per year while SPY charges 0.09%. On a $10,000 position that is $29 vs $9 annually, a gap of $20 per year that compounds over a long holding period. On income, NBIE currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

NBIE and SPY share 0 holdings out of 765 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, NBIE or SPY?

NBIE has an expense ratio of 0.29% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $20 per year of difference.

What is the holdings overlap between NBIE and SPY?

NBIE and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 765 unique securities.

Which pays a higher dividend, NBIE or SPY?

NBIE yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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