NBSM vs UPGD

Comparison between NEUBERGER BERMAN SMALL-MID CAP ETF (NBSM, ETF) and INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF (UPGD, ETF).

NBSM vs UPGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBSM(ETF)	UPGD(ETF)
Net Assets	$118M	$118M
Expense Ratio	0.65%	0.40%
Max Drawdown	25.33%	64.78%
Sharpe Ratio	0.52	0.87
5Y Beta	0.87	0.70
P/E Ratio	23.70	33.53
Forward P/E	18.56	18.76
PEG Ratio	0.07	0.07
5Y Dividends CAGR	N/A	55.56%
5Y EPS CAGR	11.11%	10.83%
Debt to Equity	62.88%	-74.82%
P/S Ratio	2.53	1.83
P/B Ratio	2.97	4.46

Net Assets

NBSM

$118M

UPGD

$118M

Expense Ratio

NBSM

0.65%

Winner

UPGD

0.40%

Max Drawdown

Winner

NBSM

25.33%

UPGD

64.78%

Sharpe Ratio

NBSM

0.52

Winner

UPGD

0.87

5Y Beta

NBSM

0.87

Winner

UPGD

0.70

P/E Ratio

Winner

NBSM

23.70

UPGD

33.53

Forward P/E

Winner

NBSM

18.56

UPGD

18.76

PEG Ratio

Winner

NBSM

0.07

UPGD

0.07

5Y Dividends CAGR

NBSM

N/A

UPGD

55.56%

5Y EPS CAGR

Winner

NBSM

11.11%

UPGD

10.83%

Debt to Equity

NBSM

62.88%

Winner

UPGD

-74.82%

P/S Ratio

NBSM

2.53

Winner

UPGD

1.83

P/B Ratio

Winner

NBSM

2.97

UPGD

4.46

NBSM vs UPGD - Holdings Comparison

NBSM and UPGD have 0 common holdings. Overlap is 0.00%

NBSM's top 25 holdings weight is 45.50%. UPGD's top 25 holdings weight is 54.14%.

Rank	NBSM	UPGD
#1	REVVITY INC (RVTY) - 2.24%	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 2.56%
#2	GATES INDUSTRIAL CORP PLC (GTES) - 2.13%	NETAPP INC (NTAP) - 2.45%
#3	COMMUNITY FINANCIAL SYSTEM INC (CBU) - 2.10%	WILLIAMS-SONOMA INC (WSM) - 2.39%
#4	APTARGROUP INC (ATR) - 2.10%	INTERNATIONAL PAPER CO (IP) - 2.37%
#5	BIO-TECHNE CORP (TECH) - 2.08%	EXPEDIA GROUP INC (EXPE) - 2.33%
#6	KIRBY CORP (KEX) - 2.07%	INCYTE CORP (INCY) - 2.28%
#7	UMB FINANCIAL CORP (UMBF) - 2.06%	METTLER-TOLEDO INTERNATIONAL INC (MTD) - 2.28%
#8	VALMONT INDUSTRIES INC (VMI) - 1.93%	PPG INDUSTRIES INC (PPG) - 2.27%
#9	HAEMONETICS CORP (HAE) - 1.92%	KIMBERLY-CLARK CORP (KMB) - 2.22%
#10	WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) - 1.90%	LENNOX INTERNATIONAL INC (LII) - 2.18%
#11	MKS INC (MKSI) - 1.89%	MCCORMICK & CO INC ORDINARY SHARES (NON VOTING) (MKC) - 2.16%
#12	STEWART INFORMATION SERVICES CORP (STC) - 1.81%	DOLLAR GENERAL CORP (DG) - 2.13%
#13	LITTELFUSE INC (LFUS) - 1.79%	VERISK ANALYTICS INC (VRSK) - 2.09%
#14	PROSPERITY BANCSHARES INC (PB) - 1.77%	GENERAL DYNAMICS CORP (GD) - 2.08%
#15	UGI CORP (UGI) - 1.76%	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 2.08%
#16	AMERICAN STATES WATER CO (AWR) - 1.66%	ALLEGION PLC (ALLE) - 2.06%
#17	JACK HENRY & ASSOCIATES INC (JKHY) - 1.66%	DICK'S SPORTING GOODS INC (DKS) - 2.04%
#18	ENTEGRIS INC (ENTG) - 1.65%	W.W. GRAINGER INC (GWW) - 2.04%
#19	TYLER TECHNOLOGIES INC (TYL) - 1.63%	YUM BRANDS INC (YUM) - 2.04%
#20	CNX RESOURCES CORP (CNX) - 1.61%	WEC ENERGY GROUP INC (WEC) - 2.03%
#21	ALLIANT ENERGY CORP (LNT) - 1.61%	F5 INC (FFIV) - 2.02%
#22	TIDEWATER INC (TDW) - 1.58%	THE ESTEE LAUDER COMPANIES INC CLASS A (EL) - 2.02%
#23	WATTS WATER TECHNOLOGIES INC CLASS A (WTS) - 1.52%	PACCAR INC (PCAR) - 2.02%
#24	HAGERTY INC ORDINARY SHARES CLASS A (HGTY) - 1.52%	CINTAS CORP (CTAS) - 2.00%
#25	CASELLA WASTE SYSTEMS INC CLASS A (CWST) - 1.51%	EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD) - 2.00%
Total Holdings	77	53

NBSM vs UPGD - Historical Returns

Returns include dividend reinvestment.

Period	NBSM	UPGD
1 month	+2.12%	+1.02%
3 months	+3.44%	+5.66%
6 months	+4.92%	+5.35%
1 year	+8.98%	+12.37%
5 years(CAGR)	N/A	+7.60%
10 years(CAGR)	N/A	+9.77%
Max(CAGR)	+4.25%	+7.91%

Winner

NBSM

+2.12%

UPGD

+1.02%

NBSM

+3.44%

Winner

UPGD

+5.66%

NBSM

+4.92%

Winner

UPGD

+5.35%

NBSM

+8.98%

Winner

UPGD

+12.37%

5Y(CAGR)

NBSM

N/A

UPGD

+7.60%

10Y(CAGR)

NBSM

N/A

UPGD

+9.77%

Max(CAGR)

NBSM

+4.25%

Winner

UPGD

+7.91%

NBSM vs UPGD - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	NBSM	UPGD
2026	+10.08%	+9.36%
2025	+0.40%	+8.98%
2024	-0.39%	+13.80%
2023	N/A	+16.47%
2022	N/A	-13.97%
2021	N/A	+25.57%
2020	N/A	+6.10%
2019	N/A	+30.23%
2018	N/A	-15.51%
2017	N/A	+12.33%
2016	N/A	+21.96%
2015	N/A	-5.93%
2014	N/A	+5.65%
2013	N/A	+39.25%
2012	N/A	+12.96%
2011	N/A	-3.39%
2010	N/A	+25.78%
2009	N/A	+51.42%
2008	N/A	-38.29%
2007	N/A	+2.96%
2006	N/A	-14.71%

NBSM vs UPGD Drawdown Comparison

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

The maximum drawdown for UPGD was -60.86%, occurring on Nov 20, 2008. Recovery took 1142 trading sessions.

The current NBSM drawdown is -2.68%. The current UPGD drawdown is -2.60%.

Rank	NBSM	UPGD
#1	-25.16% Nov 25, 2024 - Jun 25, 2026	-60.86% May 23, 2006 - Dec 3, 2010
#2	-7.23% Jul 16, 2024 - Oct 11, 2024	-50.19% Aug 29, 2018 - Dec 3, 2020
#3	-6.88% Mar 28, 2024 - May 7, 2024	-28.87% Apr 29, 2011 - Mar 15, 2012
#4	-6.12% May 15, 2024 - Jul 16, 2024	-27.28% Jun 23, 2015 - Nov 18, 2016
#5	-4.11% Oct 14, 2024 - Nov 6, 2024	-24.31% Nov 9, 2021 - Feb 27, 2024
#6	-3.68% Nov 11, 2024 - Nov 22, 2024	-16.90% Nov 29, 2024 - Aug 22, 2025
#7	-2.86% Jun 30, 2026 - Jul 8, 2026	-13.43% Mar 26, 2012 - Jan 2, 2013
#8	-0.82% Mar 21, 2024 - Mar 27, 2024	-12.68% Jul 3, 2014 - Feb 24, 2015
#9	-0.74% Jun 26, 2026 - Jun 30, 2026	-10.11% Jan 26, 2018 - May 16, 2018
#10	-0.45% May 7, 2024 - May 9, 2024	-10.01% Feb 27, 2026 - May 26, 2026
#11	-0.44% May 10, 2024 - May 14, 2024	-8.56% Jun 8, 2021 - Oct 19, 2021
#12	N/A	-6.75% Oct 6, 2025 - Dec 11, 2025
#13	N/A	-6.71% Jan 22, 2014 - Feb 26, 2014
#14	N/A	-6.69% Jul 25, 2017 - Sep 27, 2017
#15	N/A	-6.68% Apr 2, 2014 - Jun 18, 2014

Correlation

Correlation between NBSM and UPGD is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2006 - 2025)

NBSM vs UPGD dividend yield comparison.

Year	NBSM	UPGD
2025	0.40%	1.75%
2024	0.23%	1.28%
2023	0.00%	1.39%
2022	0.00%	0.72%
2021	0.00%	0.52%
2020	0.00%	0.28%
2019	0.00%	0.20%
2018	0.00%	1.43%
2016	0.00%	1.55%
2015	0.00%	0.93%
2014	0.00%	0.26%
2013	0.00%	0.34%
2012	0.00%	0.35%
2011	0.00%	0.14%
2008	0.00%	0.31%
2007	0.00%	10.64%
2006	0.00%	0.60%