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NBCM vs USE

Neuberger Commodity Strategy ETF vs USCF Energy Commodity Strategy Absolute Return Fund

NBCM

Neuberger Commodity Strategy ETF

Annual cost

0.65%

Fund size

$425M

USE

USCF Energy Commodity Strategy Absolute Return Fund

Annual cost

0.79%

Fund size

$2M

Key differences

Both NBCM and USE are alternative ETFs. NBCM charges 0.65% a year and USE 0.79%. The main difference: NBCM costs 0.14% less per year.

  • NBCM costs 0.14% less per year.
  • NBCM is much larger than USE. Larger funds are usually more liquid and less likely to close.
  • NBCM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NBCMUSE
Annual cost (TER)0.65%0.79%
Fund size (AUM)$425M$2M
Since20122023
Dividend yield6.60%2.21%
Asset classalternativealternative
Region
Strategymulti strategymulti strategy
CAGR 1Y+39.9%+34.1%
CAGR 3Y+18.3%+17.5%
CAGR 5YN/AN/A
Sharpe 3Y0.970.60
Volatility 1Y17.60%31.73%
Max drawdown-12.85%-26.24%

Similar to NBCM and USE