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NBGX - ETF AI Analysis

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NBGX

Neuberger Berman Growth ETF (NBGX)

Rating:74Outperform
Price Target:
NBGX, the Neuberger Berman Growth ETF, earns a solid overall rating thanks to large positions in leaders like Alphabet, Microsoft, and Nvidia, which all benefit from strong financial performance and long-term growth potential in AI, cloud, and data centers. The fund is somewhat held back by holdings such as Amazon, Visa, and Eli Lilly, where high valuations, bearish or mixed technical signals, and balance sheet or cash flow concerns introduce added risk. A key risk factor is the ETF’s heavy tilt toward a concentrated group of large technology and growth-oriented companies, which can increase volatility if sentiment toward these sectors turns negative.
Positive Factors
Leading Growth Companies at the Top
The ETF’s largest positions include well-known growth leaders like Nvidia, Alphabet, Amazon, Meta, and Broadcom, several of which have shown strong recent performance and help support the fund’s return potential.
Focused Growth Sector Exposure
Heavy exposure to technology and communication services gives investors targeted access to areas of the market that have been key drivers of long-term growth.
Recent Short-Term Momentum
The fund has shown strong gains over the past month and positive performance over the last three months, suggesting improving short-term momentum despite a slightly negative result so far this year.
Negative Factors
High Concentration in a Few Tech Giants
A large share of the portfolio is tied up in a small number of big technology and internet stocks, which increases the impact that any one of these companies can have on the ETF’s performance.
Mixed Results Among Top Holdings
Several major positions such as Microsoft, Apple, Netflix, Visa, and Eli Lilly have shown weak or negative performance this year, which has weighed on overall returns.
Limited Geographic Diversification
With almost all assets invested in U.S. companies and very little exposure outside the U.S., the fund offers limited protection if the U.S. market struggles compared with other regions.

NBGX vs. SPDR S&P 500 ETF (SPY)

NBGX Summary

The Neuberger Berman Growth ETF (NBGX) is an actively managed fund that focuses on large U.S. companies expected to grow quickly, rather than tracking a specific index. It leans heavily toward technology and communication services, with top holdings like Nvidia, Alphabet (Google), Microsoft, Amazon, and Apple. Investors might consider NBGX if they want long-term growth and exposure to many leading tech and consumer brands in a single investment. However, because it is concentrated in growth and tech-related stocks, its price can swing a lot and may fall sharply if growth or tech stocks go out of favor.
How much will it cost me?The Neuberger Berman Growth ETF (NBGX) has an expense ratio of 0.44%, which means you’ll pay $4.40 per year for every $1,000 invested. This is higher than average because it is actively managed, meaning professional investors select stocks rather than following a preset index.
What would affect this ETF?The Neuberger Berman Growth ETF (NBGX), with its focus on large-cap growth stocks and heavy exposure to technology and communication services, could benefit from continued innovation and strong earnings growth in these sectors, especially if global economic conditions remain favorable for tech adoption. However, rising interest rates or regulatory scrutiny on major tech companies like Microsoft, Nvidia, and Alphabet could negatively impact growth prospects and valuations. Additionally, broader economic slowdowns or shifts in consumer spending could pose risks to its consumer cyclical holdings.

NBGX Top 10 Holdings

NBGX is leaning hard into U.S. mega-cap growth, with Nvidia, Alphabet, Amazon, and Broadcom doing most of the heavy lifting as AI, cloud, and chips power the fund’s recent upswing. Nvidia and Broadcom, in particular, are the engines of this tech-heavy portfolio, while Amazon and Alphabet add steady momentum from e-commerce and digital ads. Microsoft and Apple look a bit more mixed, occasionally losing steam, and names like Visa and Eli Lilly have been lagging, modestly tugging on performance. Overall, it’s a concentrated bet on Big Tech and AI-driven growth with primarily U.S. exposure.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Nvidia10.65%$1.50M$4.82T74.38%
76
Outperform
Alphabet Class A8.56%$1.20M$4.62T133.39%
85
Outperform
Microsoft7.67%$1.08M$3.07T-5.17%
79
Outperform
Amazon7.13%$1.00M$2.93T45.99%
71
Outperform
Apple6.83%$960.32K$4.06T39.19%
79
Outperform
Meta Platforms4.83%$678.96K$1.55T1.86%
76
Outperform
Broadcom4.69%$660.19K$1.97T107.50%
76
Outperform
Netflix2.72%$382.73K$383.27B-19.74%
73
Outperform
Visa2.71%$381.12K$615.83B-6.25%
70
Outperform
Eli Lilly & Co2.50%$351.40K$911.54B17.83%
72
Outperform

NBGX Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
26.82
Positive
100DMA
27.26
Positive
200DMA
27.41
Positive
Market Momentum
MACD
0.57
Negative
RSI
67.33
Neutral
STOCH
86.10
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NBGX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.83, equal to the 50-day MA of 26.82, and equal to the 200-day MA of 27.41, indicating a bullish trend. The MACD of 0.57 indicates Negative momentum. The RSI at 67.33 is Neutral, neither overbought nor oversold. The STOCH value of 86.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NBGX.

NBGX Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$14.32M0.44%
74
Outperform
$93.95M0.95%
59
Neutral
$40.32M0.80%
62
Neutral
$35.61M0.62%
59
Neutral
$25.99M0.35%
68
Neutral
$8.78M0.85%
73
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NBGX
Neuberger Berman Growth ETF
28.56
5.42
23.42%
RCGE
RockCreek Global Equality ETF
BCGS
Bancreek Global Select ETF
OAKG
Oakmark Global Large Cap ETF
NTSD
WisdomTree Efficient U.S. Plus International Equity Fund
PCGG
Polen Capital Global Growth ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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