RW vs NBCE

Comparison between RAINWATER EQUITY ETF (RW, ETF) and NEUBERGER BERMAN CHINA EQUITY ETF (NBCE, ETF).

RW vs NBCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RW(ETF)	NBCE(ETF)
Net Assets	$18M	$18M
Expense Ratio	1.27%	0.75%
Max Drawdown	17.13%	29.26%
Sharpe Ratio	-0.15	2.20
5Y Beta	1.03	0.42
P/E Ratio	40.60	N/A
Forward P/E	29.37	N/A
PEG Ratio	0.81	N/A
5Y EPS CAGR	25.72%	N/A
Debt to Equity	-63.79%	N/A
P/S Ratio	6.53	N/A
P/B Ratio	7.05	N/A

Net Assets

$18M

Winner

NBCE

$18M

Expense Ratio

1.27%

Winner

NBCE

0.75%

Max Drawdown

Winner

17.13%

NBCE

29.26%

Sharpe Ratio

-0.15

Winner

NBCE

2.20

5Y Beta

1.03

Winner

NBCE

0.42

P/E Ratio

40.60

NBCE

N/A

Forward P/E

29.37

NBCE

N/A

PEG Ratio

0.81

NBCE

N/A

5Y EPS CAGR

25.72%

NBCE

N/A

Debt to Equity

-63.79%

NBCE

N/A

P/S Ratio

6.53

NBCE

N/A

P/B Ratio

7.05

NBCE

N/A

RW vs NBCE - Holdings Comparison

RW and NBCE have 1 common holdings. Overlap is -56.89%

RW's top 25 holdings weight is 91.27%. NBCE's top 25 holdings weight is 116.96%.

Rank	RW	NBCE
#1	DIPLOMA PLC (n/a) - 6.96%	YUAN RENMINBI OFFSHORE (n/a) - 56.89%
#2	LOAR HOLDINGS INC (LOAR) - 6.41%	SSC GOVERNMENT MM GVMXX (n/a) - 4.76%
#3	HEICO CORP (HEI) - 6.36%	MONTAGE TECHNOLOGY CO LTD CLASS A (n/a) - 4.44%
#4	NVIDIA CORP (NVDA) - 4.82%	n/a (n/a) - 3.90%
#5	APPLE INC (AAPL) - 4.45%	ZHONGJI INNOLIGHT CO LTD CLASS A (n/a) - 3.54%
#6	ALPHABET INC CLASS A (GOOGL) - 4.07%	CAMBRICON TECHNOLOGIES CORP LTD CLASS A (n/a) - 3.27%
#7	INVESCO S&P 500® EQUAL WEIGHT ETF (RSP) - 4.04%	n/a (n/a) - 3.23%
#8	GE AEROSPACE (GE) - 3.98%	WEICHAI POWER CO LTD CLASS A (n/a) - 2.74%
#9	BROADCOM INC (AVGO) - 3.89%	KINGBOARD LAMINATES HOLDINGS LTD (n/a) - 2.66%
#10	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 3.80%	n/a (n/a) - 2.55%
#11	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.80%	n/a (n/a) - 2.38%
#12	CISCO SYSTEMS INC (CSCO) - 3.80%	CHINA MERCHANTS BANK CO LTD CLASS A (n/a) - 2.37%
#13	AMPHENOL CORP CLASS A (APH) - 3.76%	SUNGROW POWER SUPPLY CO LTD CLASS A (n/a) - 2.29%
#14	API GROUP CORP (APG) - 3.47%	KWEICHOW MOUTAI CO LTD CLASS A (n/a) - 2.26%
#15	AMETEK INC (AME) - 3.28%	n/a (n/a) - 2.20%
#16	TRANSDIGM GROUP INC (TDG) - 3.23%	n/a (n/a) - 1.98%
#17	INTEL CORP (INTC) - 3.14%	n/a (n/a) - 1.92%
#18	AMAZON.COM INC (AMZN) - 3.08%	SIEYUAN ELECTRIC CO LTD CLASS A (n/a) - 1.91%
#19	TEL AVIV STOCK EXCHANGE LTD ORDINARY SHARES (n/a) - 2.76%	n/a (n/a) - 1.78%
#20	HILTON WORLDWIDE HOLDINGS INC (HLT) - 2.55%	NAURA TECHNOLOGY GROUP CO LTD CLASS A (n/a) - 1.76%
#21	PERIMETER SOLUTIONS INC (PRM) - 2.24%	TIANQI LITHIUM CORP CLASS A (n/a) - 1.74%
#22	ADDTECH AB CLASS B (n/a) - 2.15%	MIDEA GROUP CO LTD CLASS A (n/a) - 1.70%
#23	CURTISS-WRIGHT CORP (CW) - 1.85%	n/a (n/a) - 1.68%
#24	STARBUCKS CORP (SBUX) - 1.76%	n/a (n/a) - 1.58%
#25	BK TECHNOLOGIES CORP (BKTI) - 1.62%	n/a (n/a) - 1.43%
Total Holdings	33	72

RW vs NBCE - Historical Returns

Returns include dividend reinvestment.

Period	RW	NBCE
1 month	+3.63%	+6.90%
3 months	+7.58%	+20.56%
6 months	+1.67%	+33.60%
1 year	+1.01%	+62.43%
Max(CAGR)	+1.01%	+24.90%

+3.63%

Winner

NBCE

+6.90%

+7.58%

Winner

NBCE

+20.56%

+1.67%

Winner

NBCE

+33.60%

+1.01%

Winner

NBCE

+62.43%

Max(CAGR)

+1.01%

Winner

NBCE

+24.90%

RW vs NBCE - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	RW	NBCE
2026	+0.91%	+26.49%
2025	-0.05%	+42.46%
2024	N/A	+5.47%
2023	N/A	-2.22%

RW vs NBCE Drawdown Comparison

The maximum drawdown for RW was -17.04%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for NBCE was -28.41%, occurring on Apr 7, 2025. Recovery took 235 trading sessions.

The current RW drawdown is -5.02%. The current NBCE drawdown is -0.33%.

Rank	RW	NBCE
#1	-17.04% Jul 25, 2025 - Mar 30, 2026	-28.41% Oct 7, 2024 - Sep 16, 2025
#2	-1.27% Jun 30, 2025 - Jul 14, 2025	-15.32% May 9, 2024 - Sep 27, 2024
#3	-1.23% Jul 21, 2025 - Jul 25, 2025	-15.16% Nov 20, 2023 - Apr 29, 2024
#4	-0.95% Jul 14, 2025 - Jul 17, 2025	-9.23% Feb 25, 2026 - Apr 17, 2026
#5	-0.47% Jun 24, 2025 - Jun 27, 2025	-7.13% Oct 29, 2025 - Jan 2, 2026
#6	N/A	-6.08% Oct 2, 2025 - Oct 29, 2025
#7	N/A	-5.27% Oct 16, 2023 - Nov 6, 2023
#8	N/A	-5.01% May 13, 2026 - May 28, 2026
#9	N/A	-4.84% Jun 4, 2026 - Jun 15, 2026
#10	N/A	-3.45% Jan 28, 2026 - Feb 9, 2026
#11	N/A	-2.88% May 28, 2026 - Jun 4, 2026
#12	N/A	-2.39% Nov 15, 2023 - Nov 20, 2023
#13	N/A	-2.09% Nov 6, 2023 - Nov 15, 2023
#14	N/A	-1.63% Jan 12, 2026 - Jan 16, 2026
#15	N/A	-1.39% Oct 2, 2024 - Oct 4, 2024

Correlation

Correlation between RW and NBCE is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

-101