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NBSMvsSQLTETF Comparison

ETF 1

NBSM

Neuberger Berman Small-Mid Cap ETF

This fund is part of

US Multi-Factor

-0.05%

Full NBSM fund page

VS

ETF 2

SQLT

iShares MSCI USA Small-Cap Quality Factor ETF

This fund is part of

US Multi-Factor

-0.05%

Full SQLT fund page

Neuberger Berman Small-Mid Cap ETF (NBSM) and iShares MSCI USA Small-Cap Quality Factor ETF (SQLT) belong to the same industry segment: US Multi-Factor. NBSM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, SQLT's top sector exposures are Industrials, Financials and Information Technology. NBSM is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.2% for SQLT. Run a side-by-side ETF comparison of NBSM and SQLT 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 SQLT 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 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NBSM SQLT	+8.80%+4.98%	+1.34%n/a	+6.20%n/a	+16.37%n/a	n/an/a	n/an/a
Flows	NBSM SQLT	+$1M+$6M	+$12M-	+$13M-	+$54M-	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NBSM SQLT	+15.88%n/a	+15.15%n/a	n/an/a	n/an/a
Max drawdown	NBSM SQLT	-10.22%n/a	-10.22%n/a	n/an/a	n/an/a
Max drawdown duration	NBSM SQLT	76dn/a	76dn/a	n/an/a	n/an/a

Trading data

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	NBSM	SQLT
Last sale 4/29/2026 at 7:59 PM	$26.56	$27.07
Previous close 04/29/2026	$26.79	$27.07
Consolidated volume 04/29/2026
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	SQLT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 7:59 PM

Live

Closed

	NBSM	SQLT
Last price	$26.56	$27.07
1D performance	-0.88%	+0.01%
AuM	$225.39 M	$6.50 M
E/R	0.75%	0.2%

Characteristics

	NBSM	SQLT
Management strategy	Active	Passive
Provider	Neuberger Berman	iShares
Benchmark	-	MSCI USA Small Cap Sector Neutral Quality Index
N° of holdings	65	452
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	March 21, 2024	March 31, 2026
ESG	Yes	No

More NBSM data on Trackinsight

More SQLT data on Trackinsight

Exposure

Countries

NBSM

USA

87.28%

Other

12.72%

SQLT

USA

95.8%

Other

4.2%

Sectors

NBSM

Industrials

30.64%

Information Techn.

17.52%

Financials

16.06%

Other

35.78%

SQLT

Industrials

16.41%

Financials

15.59%

Information Techn.

14.77%

Health Care

12.28%

Consumer Discreti.

11.62%

Other

29.33%

Diversification

NBSM

Total weight of top 15 holdings out of 15

32.44%

SQLT

Total weight of top 15 holdings out of 15

12.06%

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%

SQLT

ROYAL GOLD

1.27%

NEW YORK TIMES

1.09%

FABRINET

1.02%

WOODWARD

0.87%

BWX TECHNOLOGIES INC

0.82%

CARPENTER TECHNOLOGY

0.81%

NFG

0.78%

EAST WEST BANCORP

0.75%

LINCOLN ELECTRIC HOLDINGS

0.71%

ITT

0.69%

AKAMAI TECHNOLOGIES

0.67%

EVERCORE INC

0.67%

MEDPACE HOLDINGS INC

0.66%

BJS WHOLESALE CLUB HOLDINGS INC

0.63%

US71424F1057

0.63%

Frequently asked questions about NBSM and SQLT

Which ETF is bigger: NBSM or SQLT?

As of April 28, 2026, NBSM holds $225.39 M in assets under management (AUM), while SQLT manages $6.50 M.

What sectors do the NBSM and SQLT ETFs invest in?

NBSM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, SQLT focuses on Industrials, Financials and Information Technology.

NBSMvsSQLTETF Comparison

Neuberger Berman Small-Mid Cap ETF

iShares MSCI USA Small-Cap Quality Factor ETF

NBSM vs SQLT 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

Which ETF is bigger: NBSM or SQLT?

As of April 28, 2026, NBSM holds $225.39 M in assets under management (AUM), while SQLT manages $6.50 M.

What sectors do the NBSM and SQLT ETFs invest in?

NBSM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, SQLT focuses on Industrials, Financials and Information Technology.

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

NBSM top holdings include TIDEWATER, KIRBY and VALMONT INDUSTRS. SQLT holds in its top three: ROYAL GOLD, NEW YORK TIMES and FABRINET.

Which ETF is more diversified: NBSM or SQLT?

NBSM holds 65 securities with 32.44% of its assets in the top 15. SQLT has 483 securities and a top 15 weight of 12.06%.

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