NBSM vs. IYM ETF Comparison

Comparison of Neuberger Berman Small-Mid Cap ETF (NBSM) to iShares U.S. Basic Materials ETF (IYM)

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$27.37

Average Daily Volume

11,663

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYM

iShares U.S. Basic Materials ETF

IYM Description

The investment seeks to track the investment results of an index composed of U.S. equities in the basic materials sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Basic Materials Index (the "underlying index"), which measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$146.04

Average Daily Volume

12,335

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBSM	IYM
30 Days	4.00%	-3.76%
60 Days	4.33%	0.80%
90 Days	4.56%	1.43%
12 Months		14.73%

1 Overlapping Holdings

	Symbol	Grade	Weight in NBSM	Weight in IYM	Overlap
	RBC	A	2.92%	1.47%	1.47%

NBSM Overweight 45 Positions Relative to IYM

Symbol	Grade	Weight
FICO	B	4.27%
EXP	B	3.88%
KEX	B	3.67%
WSO	A	3.19%
ITT	A	3.11%
VMI	B	3.11%
RYAN	A	3.08%
ATR	B	2.93%
HAE	C	2.9%
TYL	B	2.72%
CNX	A	2.68%
TTEK	F	2.46%
CHE	D	2.41%
RLI	A	2.33%
CBU	B	2.21%
MKSI	C	2.17%
TTC	C	2.12%
CR	A	2.09%
GGG	B	2.04%
LFUS	D	1.99%
LECO	C	1.99%
TXRH	B	1.94%
ENTG	D	1.88%
CFR	B	1.86%
TECH	F	1.81%
NXST	C	1.77%
LSCC	D	1.77%
POWI	F	1.59%
TDW	F	1.59%
PB	B	1.59%
TSCO	D	1.59%
BSY	F	1.54%
SPSC	D	1.51%
CHD	A	1.51%
LNT	A	1.49%
ROL	B	1.46%
SSD	F	1.37%
ICLR	D	1.21%
MANH	D	1.16%
IBP	D	1.15%
BFAM	D	1.14%
FND	D	1.09%
AWI	A	1.04%
CNM	D	0.99%
CVLT	B	0.51%

NBSM Underweight 34 Positions Relative to IYM

Symbol	Grade	Weight
LIN	C	-21.46%
APD	A	-8.43%
FCX	F	-7.45%
ECL	D	-7.43%
FAST	B	-4.33%
NUE	C	-3.6%
NEM	D	-3.53%
STLD	B	-3.39%
IP	A	-3.26%
RS	B	-2.93%
IFF	D	-2.7%
LYB	F	-2.68%
CF	A	-2.59%
AVY	F	-2.54%
ALB	B	-1.98%
EMN	C	-1.95%
AA	A	-1.71%
RGLD	C	-1.52%
MOS	F	-1.39%
X	B	-1.34%
CE	F	-1.33%
FMC	D	-1.14%
ESI	B	-1.05%
CLF	F	-0.91%
HXL	F	-0.81%
OLN	F	-0.81%
TKR	D	-0.8%
WLK	D	-0.7%
ASH	F	-0.65%
NEU	D	-0.61%
HUN	F	-0.52%
SMG	C	-0.52%
CC	C	-0.48%
MP	C	-0.4%