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NBCRNeuberger Core Equity ETF

Grow my money1y track recordRanked #662 of 2,960 in this goal

Seeks long-term growth of capital.

By Neuberger Berman · Launched 2024

Annual Cost

0.29%

#1,391 of 5,562 · low cost

Fund Size

$886M

#1,183 of 5,562 · large

Return (1Y)Goal

+21.8%

Track Record

1 year

#3,719 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,189+21.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Active selection

Index tracked

Russell 1000 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 39.4% of fund✓ well diversified

NVIDIA Corp
7.1%
Apple Inc
6.6%
Microsoft Corp
6.0%
Alphabet Inc
4.1%
Amazon.com Inc
3.7%
Broadcom Inc
3.3%
Alphabet Inc
2.5%
Meta Platforms Inc
2.4%
Tesla Inc
1.9%
JPMorgan Chase & Co
1.9%

Asset allocation

Stocks
99.8%
Cash
0.2%

By sector

Technology
34.4%
Communication
12.7%
Financial Services
12.7%
Consumer Cyclical
10.7%
Healthcare
8.7%
Industrials
8.2%
Consumer Defensive
3.9%
Energy
3.4%
Other
5.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
11.9%Moderate

Year-on-year price swings

Max drawdown
-18.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks long-term growth of capital.
Strategy
Invests primarily in large-cap equity securities, defined as those within the Russell 1000 Index at purchase. Aims for sector neutrality compared to the Russell 1000 Index, selecting securities through fundamental analysis and research.
Inception date
July 31, 2024
Fund family
Neuberger Berman

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
97.4%
TE
2.8%
Beta
0.96
Fee
3× 0.11%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + high_r_squared+low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19