Dividend-adjusted total return · Dec 31, 2025 – Nov 3, 2026NBCM
Neuberger Berman Commodity Strategy ETFNBCM
$30.29
−0.5% last session
+33.9% YTD
Data as of 11/3/20264:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | −0.5% | −2.4% | +6.6% | +33.9% | +37.0% | +59.2% | — | +65.0% |
| Peer average | −0.3% | −2.6% | +6.4% | +28.0% | +30.0% | +45.7% | +65.9% | — |
| S&P 500 · VOO | +0.3% | −2.6% | −1.7% | +11.5% | +11.9% | +90.9% | +77.5% | — |
Key Statistics
Open all fund facts →- AUM
- $566M
- Expense ratio
- 0.76%
- Distribution yield
- 6.3%
- NAV
- $30.45
- Volume
- 152K
- Avg. volume 30D
- 111K
- High today
- $30.31
- Low today
- $30.17
- Previous close
- $30.43
- 52-week high
- $32.52
- 52-week low
- $22.13
- Our risk indicator
- 4/5
NBCM in One Breath
NBCM Among Broad Basket ETFs
YTDEnd-of-day Nov 4, 2026 · 29 Broad basket ETFs by YTD
$10,000 in NBCM
5Y$10,000 in NBCM became
$16,498
In the S&P 500 (VOO)
$21,043
Total return, dividends in · Oct 24, 2022 – Nov 3, 2026 · S&P 500 uses VOO
NBCM’s Top Holdings
TodaySSC GOVERNMENTSsc Government Mm Gvmxx8.4%NB CAYMAN CO6.7%GOLD 100 OZ 5.5%BRENT CRUDE 5.0%WTI CRUDE FU3.9%US DOLLAR3.2%COPPER FUTUR3.0%LOW SU GASOI2.8%TREASURY BIL2.7%SOYBEAN FUTU2.5%NATURAL GAS 2.3%TREASURY BIL2.3%GASOLINE RBO2.2%NY HARB ULSD2.1%LME PRI ALUM1.6%SOYBEAN OIL 1.6%SUGAR 11 (W1.6%LME ZINC FUT1.6%SOYBECORN LIVE SILVE19 more
SSC GOVERNME8.4%NB CAYMAN CO6.7%GOLD 100 OZ 5.5%BRENT CRUDE 5.0%WTI CRUDE FU3.9%US DOLLAR3.2%COPPER FUTUR3.0%LOW SU GASOI2.8%TREASURY BIL2.7%SOYBEAN FUTU2.5%NATURAL GAS 2.3%TREASURY BIL2.3%29 more
Neuberger Berman NBCM · 41 holdings · tile size = share of the fund · as of Nov 3, 2026
What NBCM Holds
TodayAll holdings100.0%
SSC GOVERN 8.4 · NB CAYMAN 6.7 · GOLD 100 O 5.5 · BRENT CRUD 5.0 · WTI CRUDE 3.9 · US DOLLAR 3.2 · COPPER FUT 3.0
Neuberger Berman NBCM · share of the fund · as of Nov 3, 2026
Ssc’s Share of NBCM
Today8.4%
$84 of every $1,000 in NBCM is Ssc
Ssc held by NBCM
$47.3M
Neuberger Berman NBCM · each square = $10 of $1,000 · as of Nov 3, 2026
NBCM’s Share of Broad Basket ETFs
Today1.7%
of the $32.9B in 34 Broad basket ETFs
$566M1.7%
$7.8B23.7%
$4.9B14.8%
$19.7B59.8%
Broad basket ETF AUM · Nov 4, 2026
NBCM Fee per $100 vs Peers
TodayExpense ratio · Broad basket peers · Nov 4, 2026
Inside NBCM
41 holdings · as of Nov 3, 2026NBCM
Neuberger Berman Commodity Strategy ETF
TodayAll holdings100.0%SSC Govern8.4%NB Cayman 6.7%Gold 100 O5.5%Brent Crud5.0%WTI Crude 3.9%US DOLLAR3.2%Copper Fut3.0%LOW SU Gas2.8%Treasury B2.7%Soybean Fu2.5%Natural GA2.3%Treasury B2.3%Gasoline R2.2%86 more holdings47.5% of the fund
All holdings100.0%SSC Govern8.4%NB Cayman 6.7%Gold 100 O5.5%Brent Crud5.0%94 more holdings67.4% of the fund
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | — | SSC Government MM Gvmxx | 8.35% |
| 2 | — | NB Cayman Commodity Fund I Mutual Fund | 6.73% |
| 3 | — | Gold 100 OZ Futr Feb27 Xcec 20270224 | 5.46% |
| 4 | — | Brent Crude Futr Mar27 Ifeu 20270129 | 4.97% |
| 5 | — | WTI Crude Future Jan27 Xnym 20261221 | 3.87% |
| 6 | — | US Dollar | 3.23% |
| 7 | — | Copper Future May27 Xcec 20270526 | 2.97% |
| 8 | — | LOW SU Gasoil G Jan27 Ifeu 20270112 | 2.81% |
| 9 | — | Treasury Bill 11/26 0.00000 | 2.72% |
| 10 | — | Soybean Future Mar27 Xcbt 20270312 | 2.48% |
Neuberger Berman NBCM · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 61.7%
How It Compares
NBCM
Neuberger Berman Commodity Strategy ETF’s Peers
YTDBroad basket peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM
Head to Head
Put NBCM head to head with PDBC →PDBC vs NBCM
YTDYear to date
PDBC wins+12.1 pts
Past year
PDBC wins+11.0 pts
Fee
PDBC winslower fee
Yield
NBCM wins+3.7 pts
AUM
PDBC13.8× more
3–1PDBC wins
Invesco PDBC and Neuberger Berman NBCM · year-to-date · as of Nov 4, 2026 · AUM not scored
NBCM vs VOO
YTDNBCM · Neuberger Berman Commodity Strategy
+33.9%
VOO · S&P 500
+11.5%
Gap
22.4 pts
Neuberger Berman NBCM and Vanguard VOO · YTD total return · as of Nov 4, 2026
NBCM vs Its Peer Average
YTDNBCMAvsBPeer average
1D−0.5%−0.3%
1M−2.4%−2.6%
3M+6.6%+6.4%
YTD+33.9%+28.0%
1Y+37.0%+30.0%
3Y+59.2%+45.7%
5Y[…]+65.9%
5–1NBCM wins
33 Broad basket peers · each row scaled to its leader
The Details
NBCM
Risk
1Y4/5our risk indicator
CalmerBumpier
Volatility · 1Y18.53%
Deepest drop · 1Y−14.8%
Lowest point · 5Y−5.8%
52-week range
$30.29
$22.13−6.9% from the high$32.52
Neuberger Berman NBCM · past-year price moves · as of Nov 4, 2026
NBCM
Fund Facts
Today2022launched Oct 24
Tracks[…]
Exchange · CUSIPAMEX · 64135A408
StructureETF
Leverage1x
Cost on $10,000$76 a year
Go deeper
Neuberger Berman NBCM · fund facts · as of Nov 4, 2026
NBCM
Payouts by Year
4Y$1.91per share, Dec 2025
Distribution yield6.3%
PaidOnce a year, in December
Latest ex-date · paidDec 19 · Dec 24, 2025
4 payouts added up$4.09 a share
Neuberger Berman NBCM · distributions by ex-date · 2022–2025
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-08-31 ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗SEC reported portfolio · 2025-11-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-08-31 ↗SEC reported portfolio · 2025-05-31 ↗prospectus · SEC 485BPOS ↗SEC reported portfolio · 2025-02-28 ↗SEC reported portfolio · 2024-11-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-08-31 ↗SEC reported portfolio · 2024-05-31 ↗SEC reported portfolio · 2024-02-29 ↗SEC reported portfolio · 2023-11-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2023-08-31 ↗SEC reported portfolio · 2023-05-31 ↗SEC reported portfolio · 2023-02-28 ↗SEC reported portfolio · 2022-11-30 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗prospectus · SEC 485BPOS ↗prospectus · SEC 485APOS ↗
Trading & Liquidity
Net asset value$30.45
Premium / discount[…]
Median spread · 30D[…]
Volume today152K
Average volume · 30D111K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.76%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$76.00
Our risk indicator4/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Dec 19, 2025 | Dec 24, 2025 | $1.91 |
| Dec 18, 2024 | Dec 23, 2024 | $1.09 |
| Dec 19, 2023 | Dec 22, 2023 | $0.90 |
| Dec 16, 2022 | Dec 20, 2022 | $0.18 |
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