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- Upturn Summary
- Fund Details
Upturn AI Summary
Neuberger Berman ETF Trust(NBSM)
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 NBSM
10/28/2026: NBSM (2-star) is currently NOT-A-BUY. Pass it for now.
NBSM provides active exposure to US small-to-mid-cap equities, aiming for long-term capital appreciation through a high-conviction research-driven strategy. Its main strengths lie in the experienced active management by Neuberger Berman and the potential to outperform passive index funds. It is best used as a satellite position for investors looking to supplement core broad-market holdings. Key risks include the higher volatility associated with smaller companies and the potential for tracking error relative to passive benchmarks. The fund is well-suited for investors with a high tolerance for risk who prefer professional management over pure indexing.
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 | Strong fit | The fund focuses on selecting companies with strong growth prospects in the small and mid-cap space. |
| Momentum investor | Mixed fit | Active selection may not always align with broad market momentum trends. |
| Value investor | Mixed fit | The fund prioritizes quality and growth, which may occasionally conflict with strict value metrics. |
| Dividend/Income investor | Weak fit | The primary objective is capital appreciation rather than dividend income generation. |
| Low-risk investor | Weak fit | Concentrated small and mid-cap exposure inherently carries higher volatility than a diversified large-cap portfolio. |
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced market participant with a long-term horizon who seeks potential alpha from a focused portfolio.
Suitability
This ETF is best suited for long-term investors willing to tolerate higher volatility in exchange for active, fundamental-based security selection.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Small and mid-cap stocks are historically more sensitive to market swings than large-cap indices. |
| Market risk | Medium / high | The fund remains exposed to general economic downturns and systematic market risk. |
| Concentration | Medium | A high-conviction strategy means individual stock performance has a larger impact on the total portfolio. |
| Tracking/expense | Medium | Higher active management fees can create a larger hurdle to outperform passive benchmarks. |
| Liquidity | Medium | Smaller-cap names can experience wider spreads during periods of market stress. |
| Business/sector quality | Medium | Exposure to small companies entails risks related to company-specific financial health. |
Risk Analysis
Volatility
NBSM demonstrates historical volatility consistent with small and mid-cap equity markets, which typically exceeds large-cap indices.
Market Risk
The primary risks involve economic cycles, changes in interest rates, and the inherent fragility of smaller-scale businesses.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Small-Cap Equities | 60 | Exposure to smaller companies offers significant growth potential but carries higher risk than large-cap stocks. |
| Market capitalization | US Mid-Cap Equities | 35 | Mid-cap exposure balances the growth potential of small caps with a slightly higher degree of company maturity. |
| Cash/collateral | Cash and Cash Equivalents | 5 | A small cash position provides liquidity for daily operations and tactical opportunities. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit -10.82% | Avg. Invested days 62 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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