NBCM vs GBAB

Comparison between NEUBERGER BERMAN COMMODITY STRATEGY ETF (NBCM, ETF) and Guggenheim Taxbl Muni Bnd & Invtmnt Grd Debt Trst Com Shrs Of benf Int (GBAB, ETF).

NBCM vs GBAB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBCM(ETF)	GBAB(ETF)
Net Assets	$400M	$400M
Expense Ratio	0.65%	N/A
Max Drawdown	14.78%	47.18%
Sharpe Ratio	1.61	0.04
5Y Beta	0.19	0.24
5Y Dividends CAGR	N/A	1.61%

Net Assets

Winner

NBCM

$400M

GBAB

$400M

Expense Ratio

NBCM

0.65%

GBAB

N/A

Max Drawdown

Winner

NBCM

14.78%

GBAB

47.18%

Sharpe Ratio

Winner

NBCM

1.61

GBAB

0.04

5Y Beta

Winner

NBCM

0.19

GBAB

0.24

5Y Dividends CAGR

NBCM

N/A

GBAB

1.61%

NBCM vs GBAB - Historical Returns

Returns include dividend reinvestment.

Period	NBCM	GBAB
1 month	+6.09%	-0.40%
3 months	+1.02%	-1.93%
6 months	+18.67%	-2.39%
1 year	+36.29%	+2.85%
5 years(CAGR)	N/A	-2.10%
10 years(CAGR)	N/A	+2.71%
Max(CAGR)	+12.74%	+5.45%

Winner

NBCM

+6.09%

GBAB

-0.40%

Winner

NBCM

+1.02%

GBAB

-1.93%

Winner

NBCM

+18.67%

GBAB

-2.39%

Winner

NBCM

+36.29%

GBAB

+2.85%

5Y(CAGR)

NBCM

N/A

GBAB

-2.10%

10Y(CAGR)

NBCM

N/A

GBAB

+2.71%

Max(CAGR)

Winner

NBCM

+12.74%

GBAB

+5.45%

NBCM vs GBAB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBCM	GBAB
2026	+26.95%	-0.79%
2025	+16.75%	+7.76%
2024	+7.65%	+2.63%
2023	-4.45%	+9.33%
2022	+5.23%	-24.65%
2021	N/A	-0.49%
2020	N/A	+13.95%
2019	N/A	+15.05%
2018	N/A	+3.76%
2017	N/A	+13.63%
2016	N/A	+5.95%
2015	N/A	+3.50%
2014	N/A	+20.67%
2013	N/A	-7.41%
2012	N/A	+15.12%
2011	N/A	+26.50%
2010	N/A	-9.15%

NBCM vs GBAB Drawdown Comparison

The maximum drawdown for NBCM was -14.78%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The maximum drawdown for GBAB was -35.78%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current NBCM drawdown is -6.49%. The current GBAB drawdown is -14.31%.

Rank	NBCM	GBAB
#1	-14.78% May 12, 2026 - Jun 24, 2026	-35.78% Sep 15, 2021 - Oct 14, 2022
#2	-12.84% Jan 26, 2023 - May 17, 2024	-29.93% Feb 25, 2020 - Aug 21, 2020
#3	-11.47% May 28, 2024 - Jan 15, 2025	-14.88% May 13, 2013 - May 29, 2014
#4	-10.76% Apr 2, 2025 - Jun 17, 2025	-14.48% May 13, 2016 - May 25, 2017
#5	-9.70% Jan 29, 2026 - Mar 4, 2026	-12.24% Nov 4, 2010 - May 31, 2011
#6	-5.95% Nov 15, 2022 - Jan 17, 2023	-11.67% Jan 29, 2015 - Nov 2, 2015
#7	-5.43% Mar 12, 2026 - Apr 21, 2026	-10.68% Feb 5, 2021 - Aug 4, 2021
#8	-4.63% Feb 19, 2025 - Apr 2, 2025	-8.94% Sep 4, 2018 - Dec 4, 2018
#9	-4.54% Jun 20, 2025 - Sep 2, 2025	-8.46% Feb 3, 2016 - Apr 8, 2016
#10	-3.42% Nov 11, 2025 - Dec 3, 2025	-7.73% Jan 8, 2018 - Aug 31, 2018
#11	-3.33% Dec 26, 2025 - Jan 12, 2026	-7.48% Oct 9, 2019 - Feb 21, 2020
#12	-3.20% Dec 5, 2025 - Dec 23, 2025	-7.30% Sep 26, 2012 - May 1, 2013
#13	-2.35% Nov 4, 2022 - Nov 11, 2022	-6.81% Aug 22, 2019 - Oct 9, 2019
#14	-2.16% May 20, 2024 - May 28, 2024	-6.41% Mar 12, 2012 - Apr 27, 2012
#15	-2.13% Oct 8, 2025 - Oct 20, 2025	-5.64% Nov 11, 2020 - Dec 29, 2020

Correlation

Correlation between NBCM and GBAB is 0.57 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.57

-101

Dividend Comparison (2011 - 2026)

NBCM vs GBAB dividend yield comparison.

Year	NBCM	GBAB
2026	0.00%	6.33%
2025	8.46%	10.11%
2024	5.22%	9.92%
2023	4.37%	9.32%
2022	0.80%	9.22%
2021	0.00%	6.36%
2020	0.00%	5.92%
2019	0.00%	6.37%
2018	0.00%	6.88%
2017	0.00%	6.64%
2016	0.00%	7.51%
2015	0.00%	7.78%
2014	0.00%	7.48%
2013	0.00%	8.32%
2012	0.00%	6.82%
2011	0.00%	6.69%