NBSM vs SQLT
Neuberger Small-Mid Cap ETF against iShares MSCI USA Small-Cap Quality Factor ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
11%
33 shared positions
Fee gap
45 bp
SQLT is cheaper
1-year return gap
—
Larger fund
NBSM
$109M
Side by side
| NBSM | SQLT | |
|---|---|---|
| Fund | Neuberger Small-Mid Cap ETF | iShares MSCI USA Small-Cap Quality Factor ETF |
| Issuer | Neuberger | iShares |
| Category | Mid Cap Blend | Quality |
| Expense ratio | 0.65% | 0.20% |
| Assets | $109M | $7.7M |
| Average daily dollar volume | $294K | $7K |
| Listed | Mar 20, 2024 | Mar 31, 2026 |
| FrenzyCap score | 36 | 47 |
| 1-month return | −1.3% | −0.9% |
| 3-month return | −2.1% | −1.1% |
| Year to date | +9.6% | — |
| 1-year return | +8.7% | — |
| 30-day volatility | 10.7% | 10.8% |
| Worst drawdown, 1 year | −10.1% | −7.1% |
| Trailing 12-month yield | 0.37% | 0.49% |
| Holdings | 74 | 491 |
| Top 10 weight | 22.6% | 9.1% |
| Look-through P/E | 23.3 | 23.9 |
| Holdings vs fair value | +9.9% | +13.0% |
| Holdings above 200-day average | 44% | 44% |
| Net flow, latest 3 reported months | +$2.0M thru May 2026 | +$2.2M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
45% of NBSM · 11% of SQLT| Holding | NBSM | SQLT |
|---|---|---|
| LSCC | 1.86% | 0.88% |
| LECO | 1.16% | 0.68% |
| ITT | 1.32% | 0.65% |
| MANH | 1.11% | 0.58% |
| IDA | 0.50% | 0.57% |
| SAIA | 1.35% | 0.48% |
| LFUS | 2.27% | 0.46% |
| RVTY | 2.22% | 0.45% |
| TXRH | 1.16% | 0.45% |
| HLI | 1.17% | 0.43% |
| VMI | 2.66% | 0.42% |
| ATR | 2.08% | 0.39% |
| CR | 1.59% | 0.37% |
| WTS | 1.56% | 0.36% |
| TECH | 1.62% | 0.35% |
| AWI | 1.61% | 0.34% |
| SSD | 1.45% | 0.33% |
| VNOM | 1.30% | 0.30% |
| POOL | 0.50% | 0.28% |
| ULS | 0.76% | 0.27% |
| AWR | 1.65% | 0.22% |
| RLI | 0.50% | 0.22% |
| BMI | 0.51% | 0.20% |
| ESAB | 1.22% | 0.19% |
| POWI | 2.00% | 0.19% |
Sector mix of the stock holdings
| Sector | NBSM | SQLT | Gap |
|---|---|---|---|
| Industrials | 29.7% | 22.0% | +7.7% |
| Financials | 14.5% | 15.7% | −1.1% |
| Technology | 14.0% | 15.1% | −1.1% |
| Health Care | 5.7% | 11.4% | −5.7% |
| Consumer Discretionary | 5.5% | 10.2% | −4.7% |
| Materials | 5.7% | 7.6% | −1.9% |
| Utilities | 7.5% | 3.0% | +4.5% |
| Real Estate | 2.4% | 6.0% | −3.6% |
| Energy | 3.5% | 3.7% | −0.2% |
| Communication Services | 2.5% | 1.7% | +0.7% |
| Consumer Staples | 0.0% | 1.7% | −1.7% |
| Other | 0.9% | 0.2% | +0.7% |
More: full overlap table · NBSM holdings · SQLT holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.