NBSM vs NMT

Comparison between NEUBERGER BERMAN SMALL-MID CAP ETF (NBSM, ETF) and Nuveen Massachusetts Quality Municipal Income Fund (NMT, ETF).

NBSM vs NMT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBSM(ETF)	NMT(ETF)
Net Assets	$115M	$116M
Expense Ratio	0.65%	N/A
Max Drawdown	25.33%	48.99%
Sharpe Ratio	0.57	1.45
5Y Beta	0.86	0.16
P/E Ratio	22.32	N/A
Forward P/E	18.20	N/A
PEG Ratio	0.20	N/A
5Y Dividends CAGR	N/A	8.52%
5Y EPS CAGR	11.39%	N/A
Debt to Equity	62.41%	N/A
P/S Ratio	2.47	N/A
P/B Ratio	2.85	N/A

Net Assets

NBSM

$115M

Winner

NMT

$116M

Expense Ratio

NBSM

0.65%

NMT

N/A

Max Drawdown

Winner

NBSM

25.33%

NMT

48.99%

Sharpe Ratio

NBSM

0.57

Winner

NMT

1.45

5Y Beta

NBSM

0.86

Winner

NMT

0.16

P/E Ratio

NBSM

22.32

NMT

N/A

Forward P/E

NBSM

18.20

NMT

N/A

PEG Ratio

NBSM

0.20

NMT

N/A

5Y Dividends CAGR

NBSM

N/A

NMT

8.52%

5Y EPS CAGR

NBSM

11.39%

NMT

N/A

Debt to Equity

NBSM

62.41%

NMT

N/A

P/S Ratio

NBSM

2.47

NMT

N/A

P/B Ratio

NBSM

2.85

NMT

N/A

NBSM vs NMT - Historical Returns

Returns include dividend reinvestment.

Period	NBSM	NMT
1 month	+4.28%	+0.40%
3 months	+8.53%	+2.56%
6 months	+8.41%	+11.03%
1 year	+12.44%	+21.66%
5 years(CAGR)	N/A	+1.50%
10 years(CAGR)	N/A	+2.67%
Max(CAGR)	+6.10%	+4.59%

Winner

NBSM

+4.28%

NMT

+0.40%

Winner

NBSM

+8.53%

NMT

+2.56%

NBSM

+8.41%

Winner

NMT

+11.03%

NBSM

+12.44%

Winner

NMT

+21.66%

5Y(CAGR)

NBSM

N/A

NMT

+1.50%

10Y(CAGR)

NBSM

N/A

NMT

+2.67%

Max(CAGR)

Winner

NBSM

+6.10%

NMT

+4.59%

NBSM vs NMT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NBSM	NMT
2026	+15.32%	+17.21%
2025	+0.40%	+5.85%
2024	-0.39%	+16.17%
2023	N/A	+1.52%
2022	N/A	-30.75%
2021	N/A	+9.84%
2020	N/A	+6.18%
2019	N/A	+23.70%
2018	N/A	-14.40%
2017	N/A	+13.61%
2016	N/A	+0.05%
2015	N/A	+8.91%
2014	N/A	+15.06%
2013	N/A	-16.13%
2012	N/A	+6.26%
2011	N/A	+17.17%
2010	N/A	+4.45%
2009	N/A	+43.04%
2008	N/A	-20.35%
2007	N/A	-7.15%
2006	N/A	-3.17%
2005	N/A	+3.83%
2004	N/A	+8.22%
2003	N/A	+4.73%
2002	N/A	+6.23%
2001	N/A	+12.45%
2000	N/A	+10.29%
1999	N/A	-6.15%

NBSM vs NMT Drawdown Comparison

The maximum drawdown for NBSM was -25.16%, occurring on Apr 8, 2025. Recovery took 394 trading sessions.

The maximum drawdown for NMT was -40.09%, occurring on Oct 10, 2008. Recovery took 895 trading sessions.

The current NBSM drawdown is -0.83%. The current NMT drawdown is -2.80%.

Rank	NBSM	NMT
#1	-25.16% Nov 25, 2024 - Jun 25, 2026	-40.09% Mar 2, 2006 - Sep 21, 2009
#2	-7.23% Jul 16, 2024 - Oct 11, 2024	-38.87% Nov 22, 2021 - May 1, 2026
#3	-6.88% Mar 28, 2024 - May 7, 2024	-21.46% Jan 24, 2013 - Dec 3, 2015
#4	-6.12% May 15, 2024 - Jul 16, 2024	-20.51% Jul 25, 2016 - Aug 1, 2019
#5	-4.11% Oct 14, 2024 - Nov 6, 2024	-18.20% Oct 21, 2010 - Jan 5, 2012
#6	-3.68% Nov 11, 2024 - Nov 22, 2024	-17.05% Jan 24, 2020 - Jul 10, 2020
#7	-2.86% Jun 30, 2026 - Aug 3, 2026	-16.42% Jun 4, 2003 - Mar 31, 2004
#8	-1.33% Aug 4, 2026 - Aug 13, 2026	-15.35% Feb 15, 2005 - Sep 7, 2005
#9	-0.93% Aug 14, 2026 - Aug 18, 2026	-13.69% Mar 31, 2004 - Oct 27, 2004
#10	-0.82% Mar 21, 2024 - Mar 27, 2024	-9.72% Nov 3, 1999 - Jul 27, 2000
#11	-0.74% Jun 26, 2026 - Jun 30, 2026	-8.85% Oct 7, 2009 - Mar 4, 2010
#12	-0.45% May 7, 2024 - May 9, 2024	-8.72% Feb 13, 2012 - May 2, 2012
#13	-0.44% May 10, 2024 - May 14, 2024	-8.29% Oct 8, 2002 - Mar 11, 2003
#14	N/A	-7.58% Oct 15, 2012 - Jan 17, 2013
#15	N/A	-7.49% Sep 7, 2005 - Feb 28, 2006

Correlation

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

0.57

-101

Dividend Comparison (1999 - 2026)

NBSM vs NMT dividend yield comparison.

Year	NBSM	NMT
2026	0.00%	3.94%
2025	0.40%	7.27%
2024	0.23%	5.94%
2023	0.00%	3.06%
2022	0.00%	4.50%
2021	0.00%	3.43%
2020	0.00%	3.60%
2019	0.00%	3.46%
2018	0.00%	4.66%
2017	0.00%	4.57%
2016	0.00%	5.30%
2015	0.00%	5.15%
2014	0.00%	5.05%
2013	0.00%	5.63%
2012	0.00%	4.93%
2011	0.00%	5.24%
2010	0.00%	6.12%
2009	0.00%	5.31%
2008	0.00%	6.87%
2007	0.00%	5.04%
2006	0.00%	5.10%
2005	0.00%	5.67%
2004	0.00%	5.64%
2003	0.00%	6.12%
2002	0.00%	5.39%
2001	0.00%	6.16%
2000	0.00%	5.75%
1999	0.00%	1.00%