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NBCM vs CTA

Neuberger Commodity Strategy ETF vs Simplify Managed Futures Strategy ETF

NBCM

Neuberger Commodity Strategy ETF

Neuberger Berman

Annual cost

0.65%

Fund size

$424M

CTA

Simplify Managed Futures Strategy ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$1.7B

Key differences

  • NBCM costs 0.10% less per year.
  • CTA is significantly larger than NBCM — larger funds tend to be more liquid and less likely to close.
  • NBCM follows a multi strategy strategy; CTA uses systematic alpha.
  • Over the last 3 years, NBCM has delivered higher annualized returns.
  • NBCM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NBCMCTA
Annual cost (TER)0.65%0.75%
Fund size (AUM)$424M$1.7B
Since20122022
Dividend yield6.44%4.03%
Asset classalternativealternative
Region
Strategymulti strategysystematic alpha
CAGR 1Y+41.8%+12.0%
CAGR 3Y+17.8%+11.5%
CAGR 5YN/AN/A
Sharpe 3Y0.950.55
Volatility 1Y17.50%19.97%
Max drawdown-12.85%-18.07%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to NBCM and CTA