NBTR vs QQQ
NBTR vs QQQ
Neuberger Berman Total Return Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. NBTR offers more diversification with 225 holdings.
Side-by-Side Comparison
| Metric | NBTR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.37% | 0.18% | |
| AUM | $54M | $455.8B | |
| Dividend Yield | 5.53% | 0.41% | |
| Holdings | 435 | 108 | |
| YTD Return | -0.15% | +14.45% | |
| 1Y Return | +2.65% | +24.70% | |
| 3Y Return (annualized) | - | +24.19% | |
| 5Y Return (annualized) | - | +14.49% | |
| Volatility (annualized) | 3.2% | 30.6% | |
| Max Drawdown | -2.6% | -83.0% | |
| Fund Family | Neuberger Berman | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 17, 2024 | Mar 10, 1999 |
NBTR vs QQQ Performance
Neuberger Berman Total Return Bond ETF (NBTR) is a ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NBTR returned +2.65% while QQQ returned +24.70%. Year to date, NBTR is down 0.15% versus a gain of 14.45% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 3.2% for NBTR. 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 -2.6% for NBTR 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 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NBTR charges 0.37% per year while QQQ charges 0.18%. On a $10,000 position that is $37 vs $18 annually, a gap of $19 per year that compounds over a long holding period. On income, NBTR currently yields 5.53% against 0.41% for QQQ.
Holdings Overlap
NBTR and QQQ share 0 holdings out of 328 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, NBTR or QQQ?
NBTR has an expense ratio of 0.37% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, NBTR or QQQ?
Over the past year NBTR returned +2.65% vs +24.70% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NBTR annualized +4.58% vs +12.98% for QQQ. Past performance does not guarantee future results.
Which is riskier, NBTR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 3.2% for NBTR. Worst drawdown: NBTR -2.6% vs QQQ -83.0%.
Should I hold both NBTR and QQQ?
NBTR and QQQ have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NBTR and QQQ?
NBTR and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 328 unique securities.
Which pays a higher dividend, NBTR or QQQ?
NBTR yields 5.53% while QQQ yields 0.41%, so NBTR currently pays the higher dividend yield.
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