Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
Neuberger Berman Commodity Strategy ETF(NBCM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NBCM
11/06/2026: NBCM (1-star) is a SELL. SELL for 3 days. Simulated Profits (-6.81%). Updated daily EoD!
The Neuberger Berman Commodity Strategy ETF (NBCM) offers actively managed exposure to the commodity market through derivatives and fixed-income collateral. Its primary strength lies in its active management approach, which seeks to optimize returns beyond simple index tracking, providing a potential diversification tool against inflation. While it carries high commodity-related price risks and liquidity constraints compared to larger passive competitors, it serves as a meaningful hedge in a balanced portfolio. Investors should monitor commodity price trends and the management team's performance. This fund is best suited for those comfortable with cyclical volatility who prioritize strategic diversification over immediate income.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Commodities can provide growth during inflation, but they do not share the compounding growth characteristics of equities. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may use this fund to capture trends in commodity super-cycles when positive signals emerge. |
| Value investor | Mixed fit | Value investors might see commodities as a cyclical play, though valuation metrics are harder to apply than to stocks. |
| Dividend/Income investor | Weak fit | The fund focuses on capital appreciation of commodity prices rather than generating consistent dividend income. |
| Low-risk investor | Weak fit | The inherent volatility of commodity prices makes this a poor fit for investors prioritizing capital preservation. |
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated individual or institutional investor looking to diversify a traditional portfolio with a tactical, active commodity allocation.
Suitability
Best suited for long-term investors using commodities for strategic diversification, rather than active day-traders or those seeking steady income.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Commodity prices are prone to significant and rapid price swings based on global supply and demand. |
| Market risk | Medium / high | The fund is directly exposed to systemic global economic risks that drive commodity markets. |
| Concentration | Medium | While diversified, the fund may be heavily weighted toward energy or agriculture depending on manager outlook. |
| Tracking/expense | Low | Active management costs are transparent, though tracking error is expected due to the active strategy. |
| Liquidity | Medium | Lower trading volumes compared to major peers can impact ease of execution during market turbulence. |
| Business/sector quality | Medium | The fund relies on the manager's ability to navigate complex derivative markets effectively. |
Risk Analysis
Volatility
NBCM experiences volatility characteristic of the commodity markets, which is generally higher than diversified equity portfolios.
Market Risk
Risks include geopolitical instability, economic slowdowns, and changing supply-demand dynamics that directly affect commodity pricing.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Commodity | Diversified Commodity Futures (Energy, Agriculture, Metals) | 50 | Provides direct economic exposure to the performance of broad commodity price movements. |
| Fixed-income type | US Treasury Bills and Short-Term Collateral | 50 | Acts as high-quality collateral to support derivative positions while providing modest interest income. |
Analysis of Past Performance
Type ETF | Historic Profit 27.97% | Avg. Invested days 67 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.