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NBSMvsFNXETF Comparison

ETF 1

NBSM

Neuberger Berman Small-Mid Cap ETF

This fund is part of

US Multi-Factor

+0.13%

Full NBSM fund page

VS

ETF 2

FNX

First Trust Mid Cap Core AlphaDEX Fund ETF

This fund is part of

US Multi-Factor

+0.13%

Full FNX fund page

Neuberger Berman Small-Mid Cap ETF (NBSM) and First Trust Mid Cap Core AlphaDEX Fund ETF (FNX) belong to the same industry segment: US Multi-Factor. NBSM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, FNX's top sector exposures are Industrials, Financials and Consumer Discretionary. NBSM is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.62% for FNX. NBSM is up 6.05% year-to-date (YTD) with +$14M in YTD flows. FNX performs better with 9.87% YTD performance, and +$26M in YTD flows. Run a side-by-side ETF comparison of NBSM and FNX 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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NBSM vs FNX performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 05/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NBSM FNX	+5.29%+7.04%	+1.07%+3.69%	+6.05%+9.87%	+15.01%+32.20%	n/a+59.56%	n/a+48.14%
Flows	NBSM FNX	+$1M-$896K	+$13M+$19M	+$14M+$26M	+$55M-$61M	--$140M	--$76M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NBSM FNX	+16.36%+17.80%	+15.27%+16.54%	n/a+19.14%	n/a+20.85%
Max drawdown	NBSM FNX	-10.22%-9.22%	-10.22%-9.22%	n/a-25.04%	n/a-25.04%
Max drawdown duration	NBSM FNX	79d65d	79d65d	n/a289d	n/a289d

Trading data

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	NBSM	FNX
Last sale 5/1/2026 at 1:30 PM	$26.73	$138.05
Previous close 05/01/2026	$26.98	$138.59
Consolidated volume 05/01/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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NBSM

is actively managed and doesn’t replicate an index

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	NBSM	FNX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	NBSM	FNX
Last price	$26.73	$138.05
1D performance	-0.91%	-0.39%
AuM	$225.73 M	$1.32 B
E/R	0.75%	0.62%

Characteristics

	NBSM	FNX
Management strategy	Active	Passive
Provider	Neuberger Berman	First Trust
Benchmark	-	NASDAQ AlphaDEX Mid Cap Core Index
N° of holdings	65	418
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	March 21, 2024	May 8, 2007
ESG	Yes	No

More NBSM data on Trackinsight

More FNX data on Trackinsight

Exposure

Countries

NBSM

USA

87.28%

Other

12.72%

FNX

USA

94.56%

Other

5.44%

Sectors

NBSM

Industrials

30.64%

Information Techn.

17.52%

Financials

16.06%

Other

35.78%

FNX

Industrials

17.44%

Financials

16.01%

Consumer Discreti.

12.85%

Health Care

9.92%

Information Techn.

9.2%

Other

34.58%

Diversification

NBSM

Total weight of top 15 holdings out of 15

32.44%

FNX

Total weight of top 15 holdings out of 15

8.27%

Top 15 holdings

Data as of March 31, 2026

NBSM

TIDEWATER

2.49%

KIRBY

2.47%

VALMONT INDUSTRS

2.39%

WHITE MTN INS

2.34%

LITTELFUSE

2.26%

ARCOSA INC

2.20%

BRADY NON VOTING

2.19%

UGI

2.11%

APTARGROUP

2.10%

CNX RESOURCES CORP

2.10%

COMMUNITY BANK SYSTEM

2.03%

GATES INDUSTRIAL CORPORATION PLC

2.00%

TORO

1.97%

MKS INSTRUMENTS

1.92%

STEWART INFO SVC

1.86%

FNX

LUMENTUM HOLDINGS

0.75%

CIENA

0.64%

APA CORPORATION

0.61%

BLOOM ENERGY CORP

0.55%

CHORD ENERGY CORPORATION

0.54%

CALIFORNIA RESOURCES

0.54%

US71424F1057

0.53%

OVINTIV INC

0.53%

US3004261034

0.53%

MATADOR RESOURCES

0.52%

CH1300646267

0.52%

TTM TECHNOLOGIES

0.51%

DARLING INGREDIENTS INC

0.50%

US65290E1010

0.50%

MAGNOLIA OIL AND GAS CORP

0.50%

Frequently asked questions about NBSM and FNX

How have the NBSM and FNX ETFs performed in 2026?

As of May 1, 2026, NBSM is up 6.05% year-to-date (YTD), while FNX has returned 9.87%. That puts FNX better performer ahead so far this year.

Which ETF is attracting more investor money: NBSM or FNX?

Year-to-date, the NBSM ETF saw +$14M in flows, compared to +$26M for FNX.

Which ETF is more volatile: NBSM or FNX?

Over the past year, NBSM had a volatility of 15.27%, while FNX experienced 16.54%.

Which ETF is bigger: NBSM or FNX?

As of May 1, 2026, NBSM holds $225.73 M in assets under management (AUM), while FNX manages $1.32 B.

What sectors do the NBSM and FNX ETFs invest in?

NBSM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, FNX focuses on Industrials, Financials and Consumer Discretionary.

NBSMvsFNXETF Comparison

Neuberger Berman Small-Mid Cap ETF

First Trust Mid Cap Core AlphaDEX Fund ETF

NBSM vs FNX performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the NBSM and FNX ETFs performed in 2026?

As of May 1, 2026, NBSM is up 6.05% year-to-date (YTD), while FNX has returned 9.87%. That puts FNX better performer ahead so far this year.

Which ETF is attracting more investor money: NBSM or FNX?

Year-to-date, the NBSM ETF saw +$14M in flows, compared to +$26M for FNX.

Which ETF is more volatile: NBSM or FNX?

Over the past year, NBSM had a volatility of 15.27%, while FNX experienced 16.54%.

Which ETF is bigger: NBSM or FNX?

As of May 1, 2026, NBSM holds $225.73 M in assets under management (AUM), while FNX manages $1.32 B.

What sectors do the NBSM and FNX ETFs invest in?

NBSM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, FNX focuses on Industrials, Financials and Consumer Discretionary.

What are the top holdings of the NBSM ETF and FNX ETF?

NBSM top holdings include TIDEWATER, KIRBY and VALMONT INDUSTRS. FNX holds in its top three: LUMENTUM HOLDINGS, CIENA and APA CORPORATION.

Which ETF is more diversified: NBSM or FNX?

NBSM holds 65 securities with 32.44% of its assets in the top 15. FNX has 447 securities and a top 15 weight of 8.27%.

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