NBSM Performance — Neuberger Berman Small-Mid Cap ETF
Data updated: 2026-07-27
NBSM returned +5.89% year to date and +10.26% over one year to May 2026. Over one year the fund trailed its US Mid-Cap Growth category average: $100 grew to $110, against $119 for the category. Volatility over the past 12 months was 12.33% a year. In the 12 months to May 2026 the fund took in a net $40.2M, and assets reached $226.06M.
NBSM Growth of $100
What $100 invested in Neuberger Berman Small-Mid Cap ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | NBSM | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $110 | $119 |
| Since data start (Mar 2024 – May 2026) | $106 | $129 |
NBSM Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.89% |
| 1 year | +10.26% |
| 3 years (annualised) | +2.82% |
NBSM Annual Returns
Calendar-year total returns of Neuberger Berman Small-Mid Cap ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +5.89% |
| 2025 | +0.01% |
| 2024 (Mar–Dec) | +0.53% |
NBSM 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 | +4.4% | +2.4% | −6.4% | +7.0% | −1.1% | — | — | — | — | — | — | — |
| 2025 | +1.8% | −2.5% | −4.7% | −2.8% | +4.5% | +3.2% | +1.5% | +2.1% | −2.5% | −1.0% | +2.4% | −1.5% |
| 2024 | — | — | +1.8% | −4.8% | +3.6% | −1.8% | +6.5% | −1.0% | +1.6% | −3.2% | +8.5% | −9.3% |
NBSM Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 12.33%
- Best month: +6.96% (Apr 2026)
- Worst month: −6.41% (Mar 2026)
NBSM Fund Flows
Monthly money in and out of Neuberger Berman Small-Mid Cap ETF, from SEC Form N-PORT.
- 12-month net flow: $40.2M
- 12-month gross sales (incl. reinvestments): $61.4M
- Sales ÷ redemptions: 2.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $1.3M | $669K | $676K |
| Apr 2026 | $1.3M | $0 | $1.3M |
| Mar 2026 | $1.9M | $2.0M | −$39K |
| Feb 2026 | $12.8M | $666K | $12.2M |
| Jan 2026 | $3.3M | $2.7M | $603K |
| Dec 2025 | $11.6M | $1.9M | $9.7M |
| Nov 2025 | $8.1M | $1.2M | $6.8M |
| Oct 2025 | $632K | $0 | $632K |
| Sep 2025 | $7.8M | $631K | $7.1M |
| Aug 2025 | $3.2M | $0 | $3.2M |
| Jul 2025 | $3.8M | $10.2M | −$6.3M |
| Jun 2025 | $5.6M | $1.2M | $4.3M |
NBSM Assets Under Management
Net assets of Neuberger Berman Small-Mid Cap ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $226.06M |
| 2026-02-28 | $226.24M |
| 2025-11-30 | $193.88M |
| 2025-08-31 | $181.25M |
| 2025-05-31 | $168.21M |
| 2025-02-28 | $219.05M |
| 2024-11-30 | $220.19M |
| 2024-08-31 | $197.87M |
| 2024-05-31 | $173.38M |
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.