Summary
Neuberger Berman Small-Mid Cap ETF is an ETF - a fund traded on an exchange like a stock - run by Neuberger Berman. Positions inside: 71. The ten largest make up 24% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $110.8M
- Positions
- 71
- Dividend yield
- 0.36%
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- 90% of the fund is in one country (United States).
- Costs of 0.75% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.4%
- 3 months
- +0.1%
- This year
- +12%
- 1 year
- +10%
- Avg. market cap
- $8.09B
- P/E
- 19.9x
- Forward P/E
- 18.5x
- P/S
- 2.3x
- P/B
- 2.8x
- P/FCF
- 19.5x
- EV/EBITDA
- 14.2x
- Dividend yield
- 0.85%
- ROIC
- 11.2%
- ROE
- 21.2%
- Gross margin
- 42.5%
- Operating margin
- 19.3%
- Net margin
- 13.8%
- Payout ratio
- 16.9%
- Net debt/EBITDA
- 1.9x
- Beta
- 0.80
Weighted average of the 50 largest companies, which make up 79% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 STATE STR INSTL INVT TR TREAS MMKT FD INST 3.7%
- 2 WTWhite Mountains Insurance Group, Ltd. WTM 2.8%
- 3 HAHaemonetics HAE 2.6%
- 4 KEKirby KEX 2.2%
- 5 HGHagerty, Inc. HGTY 2.2%
- 6 TYTyler Technologies TYL 2.1%
- 7 UGUGI Corporation UGI 2.1%
- 8 RVRevvity RVTY 2.1%
- 9 GTGates Industrial Corporation plc GTES 2.1%
- 10 TDTidewater TDW 2.0%
Positions in the fund: 71. The ten largest make up 24% of it.
Composition as of Oct 15, 2026.
Where is it spread?
One countryBy sector
- Industrials 24%
- Financials 17%
- Healthcare 16%
- Technology 16%
- Energy 6.0%
- Other 20%
By country
- United States 90%
- Bermuda 2.8%
- Canada 2.5%
- Italy 1.4%
- Other countries 3.7%
By company size
- Large cap 25%
- Mid cap 70%
- Small cap 4.4%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 91% of the fund.
Largest sector: Industrials (24%). Largest country: United States (90%). Largest size group: Mid cap (70%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
Growing over the long run- Over the last year
- +10%
- Deepest drop
- -25%
- Yearly volatility
- 14%
Growth over the last year: 10%. Deepest drop in these years: 25% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.36%
- Last payment
- $0.10
Over the last 12 months it paid $0.10 per share, which is 0.36% of today's price. The last payment was $0.10 on Dec 19, 2025.
Is it easy to buy and sell?
Yes- Traded a day
- $1.86M
- Shares a day
- 66K
On an average day about $1.86M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 19.9
- Average Bulios Score
- 65 out of 100
Weight by Bulios Fair Price
- Undervalued 20%
- Fairly valued 12%
- Overvalued 68%
On average the companies inside trade for 19.9 times their yearly profit. By Fair Price, 68% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 79% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.