NBCR vs. IWLG ETF Comparison

Comparison of Neuberger Berman Core Equity ETF (NBCR) to IQ MacKay Municipal Insured ETF (IWLG)

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$26.62

Average Daily Volume

19,667

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

IWLG

IQ MacKay Municipal Insured ETF

IWLG Description

IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.84

Average Daily Volume

8,443

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBCR	IWLG
30 Days	0.73%	1.01%
60 Days	6.90%	10.08%
90 Days	11.25%	13.22%
12 Months		41.94%

26 Overlapping Holdings

Symbol	Grade	Weight in NBCR	Weight in IWLG	Overlap
AAPL	C	6.61%	6.63%	6.61%
AMD	F	0.61%	1.78%	0.61%
AMZN	A	3.65%	8.27%	3.65%
ASML	F	0.24%	1.05%	0.24%
BKNG	A	0.47%	0.55%	0.47%
BSX	B	0.83%	0.95%	0.83%
ETN	B	0.61%	1.62%	0.61%
GE	D	0.94%	2.0%	0.94%
GOOG	B	1.95%	2.44%	1.95%
GOOGL	B	3.39%	2.42%	2.42%
INTU	D	0.58%	1.55%	0.58%
KKR	B	0.57%	1.99%	0.57%
LLY	F	1.38%	2.51%	1.38%
LRCX	F	0.21%	1.43%	0.21%
MA	B	1.09%	2.33%	1.09%
MSFT	D	6.05%	12.49%	6.05%
NFLX	A	0.8%	1.8%	0.8%
NOW	A	0.74%	1.75%	0.74%
NVDA	B	6.54%	7.8%	6.54%
ORCL	B	0.92%	1.22%	0.92%
ORLY	B	0.2%	1.19%	0.2%
SNPS	C	0.59%	1.07%	0.59%
TT	B	0.45%	1.86%	0.45%
TXN	B	0.64%	0.97%	0.64%
UBER	C	0.72%	1.51%	0.72%
WCN	D	0.21%	1.07%	0.21%

NBCR Overweight 165 Positions Relative to IWLG

Symbol	Grade	Weight
AON	B	1.4%
JPM	B	1.3%
HD	B	1.2%
V	A	1.18%
XOM	B	1.15%
ABBV	B	1.09%
JNJ	D	1.05%
COST	C	1.02%
QCOM	F	0.92%
WFC	B	0.89%
UNM	A	0.88%
PG	D	0.87%
TMUS	B	0.85%
TDG	B	0.82%
CRM	B	0.81%
AIG	B	0.78%
MDT	B	0.76%
T	B	0.75%
SPGI	D	0.72%
BAC	B	0.7%
TJX	D	0.69%
VZ	D	0.68%
FI	A	0.63%
LIN	D	0.62%
UL	D	0.62%
MCD	D	0.6%
TMO	D	0.59%
ICE	C	0.57%
CCL	B	0.57%
AMAT	F	0.57%
IWB	A	0.55%
KDP	F	0.54%
ADI	C	0.54%
VRTX	A	0.53%
CAT	B	0.51%
GM	A	0.49%
ZBH	D	0.49%
ACN	C	0.47%
CRWD	C	0.46%
APH	A	0.45%
MMM	D	0.45%
PH	A	0.45%
CSCO	A	0.44%
DKNG	D	0.44%
ULTA	D	0.43%
ALL	D	0.43%
NVT	C	0.41%
COP	D	0.4%
LVS	B	0.39%
PLD	F	0.39%
GS	B	0.38%
MDLZ	F	0.36%
CARR	D	0.36%
AMGN	D	0.36%
NEE	D	0.35%
IR	B	0.35%
REGN	F	0.34%
GIS	D	0.34%
DE	C	0.34%
CVS	F	0.34%
MSI	B	0.33%
CL	D	0.33%
TRU	C	0.32%
URI	B	0.32%
AVY	D	0.31%
FCX	B	0.31%
NSC	B	0.29%
HCA	D	0.29%
PNC	B	0.29%
NDAQ	A	0.29%
USB	B	0.29%
EOG	F	0.28%
MCO	D	0.28%
BMY	A	0.28%
APO	A	0.28%
MLM	B	0.27%
NKE	F	0.27%
ELV	F	0.27%
LMT	D	0.27%
GL	C	0.26%
C	B	0.26%
CSX	D	0.26%
DUK	D	0.25%
STZ	F	0.25%
SLB	F	0.25%
DLTR	F	0.25%
FANG	F	0.24%
LEN	D	0.23%
PSX	F	0.23%
EHC	A	0.23%
SHW	C	0.23%
DAL	A	0.23%
FITB	B	0.23%
VTR	B	0.22%
AIZ	C	0.22%
CEG	C	0.21%
MCK	D	0.21%
CHKP	F	0.21%
FDX	D	0.21%
MET	C	0.21%
AEP	D	0.2%
EFX	D	0.2%
CNC	D	0.2%
SAIA	B	0.2%
BA	F	0.2%
DGX	B	0.19%
MOH	D	0.19%
J	D	0.19%
HUM	F	0.19%
D	B	0.18%
ECL	D	0.17%
ADSK	A	0.17%
ETR	B	0.17%
DXCM	D	0.17%
WRBY	A	0.17%
VRSK	B	0.17%
APTV	F	0.16%
EA	A	0.16%
PEG	C	0.16%
ELS	D	0.16%
IQV	F	0.15%
AVTR	D	0.15%
SRE	C	0.15%
RSG	C	0.15%
PCG	B	0.14%
ESI	B	0.14%
APD	B	0.14%
MTCH	C	0.14%
OKE	A	0.14%
CDW	F	0.14%
ENTG	F	0.14%
WMB	A	0.14%
TKO	D	0.14%
LNT	C	0.13%
IT	B	0.13%
VST	C	0.13%
FCPT	D	0.13%
LNG	A	0.12%
STWD	D	0.12%
BK	A	0.12%
TW	B	0.12%
NUE	F	0.11%
ON	D	0.11%
BHP	B	0.11%
DTE	D	0.11%
FE	D	0.11%
BLDR	D	0.11%
INVH	F	0.1%
STLD	B	0.1%
BMRN	F	0.1%
CCK	B	0.09%
EQR	D	0.09%
CNP	B	0.09%
SMAR	A	0.08%
TRGP	A	0.08%
WIX	B	0.08%
UTZ	D	0.08%
CFG	B	0.07%
WY	D	0.07%
TOL	C	0.07%
K	A	0.06%
GXO	B	0.06%
IONS	F	0.06%
FBIN	B	0.06%
DTM	A	0.04%

NBCR Underweight 16 Positions Relative to IWLG

Symbol	Grade	Weight
META	B	-5.28%
AVGO	B	-4.01%
SPOT	B	-2.49%
ISRG	A	-2.23%
WDAY	D	-1.76%
FICO	B	-1.73%
TSLA	B	-1.52%
MELI	C	-1.49%
CMG	D	-1.34%
SBUX	B	-1.27%
SYK	A	-1.19%
SHOP	B	-1.11%
HLT	B	-1.03%
VMC	B	-0.97%
ALNY	C	-0.95%
ADBE	D	-0.84%