NBGX
Neuberger Berman Growth ETF
Neuberger Berman ETF Trust
ETF
Expense ratio1
0.44%
Net assets2
$13.39M
Holdings2
50
Category
US Equity
2025 return3
16.21%

Investment objective & strategy

As of March 2, 2026 · prospectus

Objective. The Fund seeks long-term growth of capital.

Strategy. To pursue its goal, the Fund normally invests primarily in equity securities of large-capitalization companies, which it defines as those with a market capitalization within the market capitalization range of the Russell 1000 Growth Index at the time of purchase. The Portfolio Managers employ a research driven approach to stock selection, with a long term perspective that combines both quantitative analysis and qualitative judgment. The Portfolio Managers generally seek to identify what they believe to be faster-growing companies or quality growth companies with key attributes that may include characteristics such as attractive sales growth, higher earnings visibility, or competitive returns on equity relative to their peers. In doing so, the Portfolio Managers analyze such factors as: balance sheet metrics; profit … To pursue its goal, the Fund normally invests primarily in equity securities of large-capitalization companies, which it defines as those with a market capitalization within the market capitalization range of the Russell 1000 Growth Index at the time of purchase. The Portfolio Managers employ a research driven approach to stock selection, with a long term perspective that combines both quantitative analysis and qualitative judgment. The Portfolio Managers generally seek to identify what they believe to be faster-growing companies or quality growth companies with key attributes that may include characteristics such as attractive sales growth, higher earnings visibility, or competitive returns on equity relative to their peers. In doing so, the Portfolio Managers analyze such factors as: balance sheet metrics; profit margin profiles; market share and competitive leadership of the companys products; sales; cash flow and earnings growth relative to competitors; and market valuation in comparison to a stocks own historical norms and the stocks of other large-capitalization companies. As part of their fundamental investment analysis the Portfolio Managers consider environmental, social and governance factors they believe are financially material to individual investments, where applicable. While this analysis is inherently subjective and may be informed by both internally generated and third-party metrics, data and other information, the Portfolio Managers believe that the consideration of financially material environmental, social and governance factors, alongside traditional financial metrics, may enhance the Funds overall investment process. The consideration of environmental, social and governance factors does not apply to certain instruments, such as certain derivative instruments, other registered investment companies, cash and cash equivalents. The consideration of environmental, social and governance factors as part of the investment process does not mean that the Fund pursues a specific impact or sustainable investment strategy. The Fund is a non-diversified fund, which means that it can invest more of its assets in fewer companies than a diversified fund. Although the Fund invests primarily in domestic stocks, it may also invest in stocks of foreign companies. The Fund may also use options, including, but not limited to, buying and selling (writing) put and call options on individual stocks, to attempt to enhance returns. The Fund will only sell (write) call options on individual stocks if it simultaneously holds an equivalent position in the stock underlying the option (covered call option). The Fund seeks to reduce risk by investing across many companies, sectors and industries. At times, the Portfolio Managers may emphasize certain sectors or industries that they believe may benefit from market or economic trends. The Portfolio Managers follow a disciplined selling strategy that utilizes a process analyzing macroeconomic and/or security-specific circumstances, and may sell a security when it reaches a target price, if a companys business fails to perform as expected, or when other opportunities appear more attractive.

Top holdings

As of Feb. 28, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $1.37M 10.22%
ALPHABET INC CL A $1.08M 8.06%
MICROSOFT CORP $1.01M 7.57%
APPLE INC $929.12K 6.94%
AMAZON.COM INC $848.61K 6.34%
META PLATFORMS INC CL A $620.31K 4.63%
BROADCOM INC $527.90K 3.94%
NETFLIX INC $412.10K 3.08%
LILLY ELI and CO $401.86K 3.00%
VISA INC-CLASS A $388.65K 2.90%
View all holdings →

Allocation by sector

As of February 28, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
6
Exited
9
Increased
34
Decreased
10
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Neuberger Berman Large Cap Growth Fund · NGUAX, NBGTX, NBGUX, NGDLX, NGDAX, NGDCX, NGDRX, NGRDX 93% 0.55%
Schwab Large-Cap Growth Fund · SWLSX 69% 0.99%
The Gabelli Growth Fund · GGCAX, GABGX, GGCCX, GGCIX 67% 1.10%
View all similar funds →

Advisers

As of August 31, 2025 · N-CEN
FirmRole
Neuberger Berman Investment Advisers LLC Adviser

Footnotes

  1. Expense ratio as of March 2, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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