NBCMvsCLSEETF Comparison
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Neuberger Berman Commodity Strategy ETF (NBCM) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. NBCM is less expensive with a Total Expense Ratio (TER) of 0.76%, versus 1.52% for CLSE. NBCM is up 38.37% year-to-date (YTD) with +$162M in YTD flows. CLSE performs worse with 22.98% YTD performance, and +$674M in YTD flows. Run a side-by-side ETF comparison of NBCM and CLSE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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NBCM vs CLSE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NBCM CLSE | +1.27%-1.21% | +10.06%-0.26% | +38.37%+22.98% | +41.95%+27.58% | +64.77%+116.59% | n/an/a |
| Flows | NBCM CLSE | +$37M+$62M | +$73M+$240M | +$162M+$674M | +$181M+$705M | +$170M+$862M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NBCM CLSE | +11.41%+9.18% | +18.13%+12.99% | +14.70%+13.45% | n/an/a |
| Max drawdown | NBCM CLSE | -4.00%-3.35% | -14.39%-4.60% | -14.39%-15.76% | n/an/a |
| Max drawdown duration | NBCM CLSE | 47d14d | 99d40d | 99d188d | n/an/a |
Trading data
NBCM | CLSE | |
Last sale 10/28/2026 at 1:30 PM | $31.59 | $33.71 |
| Previous close 10/27/2026 | $31.52 | $33.60 |
| Consolidated volume 10/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/28/2026 at 1:30 PM
Live
Closed
NBCM | CLSE | |
|---|---|---|
| Last price | $31.59 | $33.71 |
| 1D performance | +0.22% | +0.33% |
| AuM | $574.99 M | $1.03 B |
| E/R | 0.76% | 1.52% |
Characteristics
NBCM | CLSE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Neuberger Berman | Convergence Investment Partners LLC |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 24, 2022 | February 22, 2022 |
| ESG | No | No |
Exposure
Countries
NBCM
Data will be available soon
CLSE
Data will be available soon
Sectors
NBCM
Data will be available soon
CLSE
Data will be available soon
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Diversification
NBCM
Data will be available soon
CLSE
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
NBCM
Data will be available soon
CLSE
Data will be available soon
Frequently asked questions about NBCM and CLSE
How have the NBCM and CLSE ETFs performed in 2026?
As of October 27, 2026, NBCM is up 38.37% year-to-date (YTD), while CLSE has returned 22.98%. That puts NBCM better performer ahead so far this year.
Which ETF is attracting more investor money: NBCM or CLSE?
Year-to-date, the NBCM ETF saw +$162M in flows, compared to +$674M for CLSE.
Which ETF is more volatile: NBCM or CLSE?
Over the past year, NBCM had a volatility of 18.13%, while CLSE experienced 12.99%.
Which ETF is bigger: NBCM or CLSE?
As of October 27, 2026, NBCM holds $574.99 M in assets under management (AUM), while CLSE manages $1.03 B.
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Latest news about NBCM & CLSE
Looking for Broad Commodity Exposure in a Single ETF? Meet NBCM
September 20, 2024
NBCM
Neuberger Berman Commodity Strategy ETF (NYSE Arca: NBCM)
March 11, 2023
NBCM
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