NBCM Performance — Neuberger Berman Commodity Strategy ETF
Data updated: 2026-07-27
NBCM returned +28.04% year to date and +45.85% over one year to May 2026. The annualised 3-year return is +18.95%. The fund trailed its Commodities category average: $100 invested three years ago grew to $168, against $184 for the category, and to $146 over one year, against $147. Volatility over the past three years was 11.50% a year. In the 12 months to May 2026 the fund took in a net $114.2M, and assets reached $424.76M.
NBCM Growth of $100
What $100 invested in Neuberger Berman Commodity Strategy ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | NBCM | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $146 | $147 |
| 3 years (Jun 2023 – May 2026) | $168 | $184 |
| Since data start (Oct 2022 – May 2026) | $163 | $192 |
NBCM Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +28.04% |
| 1 year | +45.85% |
| 3 years (annualised) | +18.95% |
NBCM Annual Returns
Calendar-year total returns of Neuberger Berman Commodity Strategy ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +28.04% |
| 2025 | +17.61% |
| 2024 | +6.49% |
| 2023 | −6.10% |
| 2022 (Oct–Dec) | +8.28% |
NBCM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.1% | +2.8% | +11.3% | +6.0% | −2.4% | — | — | — | — | — | — | — |
| 2025 | +4.2% | +0.1% | +4.0% | −5.1% | +0.4% | +3.0% | +0.8% | +2.4% | +2.4% | +2.1% | +2.1% | +0.4% |
| 2024 | +1.4% | −1.0% | +4.3% | +2.6% | +0.7% | −1.7% | −3.4% | −0.5% | +3.8% | −0.4% | −0.2% | +1.0% |
| 2023 | +1.6% | −5.1% | +0.7% | −2.1% | −5.9% | +3.9% | +7.0% | −0.7% | −0.9% | −0.1% | −1.1% | −2.8% |
| 2022 | — | — | — | — | — | — | — | — | — | +3.7% | +3.5% | +0.9% |
NBCM Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 11.50%
- 3-year Sharpe ratio: 1.26 (vs 4.5% risk-free rate)
- Best month: +11.28% (Mar 2026)
- Worst month: −5.08% (Apr 2025)
NBCM Fund Flows
Monthly money in and out of Neuberger Berman Commodity Strategy ETF, from SEC Form N-PORT.
- 12-month net flow: $114.2M
- 12-month gross sales (incl. reinvestments): $137.3M
- Sales ÷ redemptions: 5.96×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $11.7M | $732K | $11.0M |
| Apr 2026 | $3.5M | $7.1M | −$3.6M |
| Mar 2026 | $20.7M | $2.7M | $18.0M |
| Feb 2026 | $12.0M | $0 | $12.0M |
| Jan 2026 | $13.7M | $0 | $13.7M |
| Dec 2025 | $16.0M | $3.0M | $13.0M |
| Nov 2025 | $4.8M | $0 | $4.8M |
| Oct 2025 | $9.6M | $0 | $9.6M |
| Sep 2025 | $10.4M | $0 | $10.4M |
| Aug 2025 | $17.8M | $5.0M | $12.8M |
| Jul 2025 | $12.5M | $3.4M | $9.1M |
| Jun 2025 | $4.4M | $1.1M | $3.3M |
NBCM Assets Under Management
Net assets of Neuberger Berman Commodity Strategy ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $424.76M |
| 2026-02-28 | $345.60M |
| 2025-11-30 | $296.26M |
| 2025-08-31 | $253.61M |
| 2025-05-31 | $214.22M |
| 2025-02-28 | $198.37M |
| 2024-11-30 | $223.46M |
| 2024-08-31 | $227.74M |
| 2024-05-31 | $268.24M |
| 2024-02-29 | $257.57M |
| 2023-11-30 | $274.69M |
| 2023-08-31 | $274.73M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.