NBSM - ETF AI Analysis

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Neuberger Berman Small-Mid Cap ETF (NBSM)

Rating:68Neutral

Price Target:

$26.00

The Neuberger Berman Small-Mid Cap ETF (NBSM) has a solid overall rating, reflecting its balanced portfolio of strong-performing holdings. Valmont Industries (VMI) stands out as a key contributor, driven by its robust financial performance and strategic growth investments, which support a bullish outlook. However, weaker holdings like White Mountains Insurance Group (WTM), with valuation concerns and limited insights from corporate events, may have slightly held back the fund’s rating. Investors should note the ETF’s exposure to valuation risks across several holdings, which could impact future performance.

Positive Factors

Strong Sector Diversification

The ETF is spread across multiple sectors, with significant exposure to Industrials, Technology, and Financials, reducing reliance on any single industry.

Healthy Top Holdings Performance

Several top holdings, such as Valmont and Armstrong World, have shown strong year-to-date performance, contributing positively to the fund.

Reasonable Expense Ratio

The ETF’s expense ratio is competitive for actively managed funds, helping investors retain more of their returns.

Negative Factors

Over-Concentration in U.S. Market

With over 97% of its assets in U.S. companies, the ETF lacks geographic diversification and is highly exposed to domestic market risks.

Mixed Performance Among Top Holdings

Some key holdings, such as CNX Resources and AptarGroup, have underperformed year-to-date, potentially dragging down overall returns.

High Exposure to Industrials

The ETF has a heavy allocation to Industrials, which could make it vulnerable to sector-specific downturns.

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

AUM183.27M

RegionNorth America

Expense Ratio0.65%

Beta0.89

IssuerNeuberger Berman

Inception DateMar 20, 2024

Dividend YieldN/A

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume32,189

30 Day Avg. Volume23,077

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

29.49

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering66

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

NBSM Summary

The Neuberger Berman Small-Mid Cap ETF (NBSM) is an investment fund that focuses on small and mid-sized companies in the U.S., offering a chance to diversify beyond large-cap stocks. It includes businesses from various sectors like industrials, technology, and financials, with top holdings such as White Mountains Insurance Group and Valmont Industries. This ETF is ideal for investors looking for growth opportunities in smaller companies that may not be as widely recognized. However, new investors should note that small and mid-sized companies can be more volatile, meaning their stock prices may rise and fall more dramatically than larger, established companies.

How much will it cost me?The Neuberger Berman Small-Mid Cap ETF (NBSM) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, requiring more research and oversight to select and monitor investments. Active management aims to outperform the market by carefully choosing stocks, which can justify the higher cost for some investors.

What would affect this ETF?The Neuberger Berman Small-Mid Cap ETF (NBSM) could benefit from economic growth in the U.S., especially if sectors like Industrials and Technology, which make up a significant portion of its holdings, experience innovation or increased demand. However, rising interest rates or economic slowdowns could negatively impact small and mid-sized companies, particularly in cyclical sectors like Consumer Cyclical and Financials. Regulatory changes or shifts in energy policies may also affect the ETF's exposure to Energy and Utilities sectors.

NBSM Top 10 Holdings

The Neuberger Berman Small-Mid Cap ETF leans heavily on industrials and technology, with names like Kirby and Haemonetics driving recent performance thanks to strong earnings and bullish momentum. Haemonetics, in particular, stands out with impressive growth, though overbought conditions could signal caution. On the flip side, Armstrong World Industries has been lagging, weighed down by technical weakness despite solid financials. The fund’s U.S.-focused portfolio taps into the agility of smaller companies, but its sector concentration in industrials may amplify volatility, making it a dynamic yet potentially bumpy ride for investors.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
WTM	White Mountains Insurance Group	2.79%	$5.11M	$5.11B	0.59%	65 Neutral
CNX	CNX Resources	2.39%	$4.39M	$4.98B	-10.10%	69 Neutral
RBC	RBC Bearings	2.38%	$4.37M	$13.47B	26.52%	77 Outperform
VMI	Valmont	2.34%	$4.30M	$7.75B	14.96%	78 Outperform
KEX	Kirby	2.29%	$4.19M	$5.84B	-16.09%	73 Outperform
ACA	Arcosa	2.24%	$4.10M	$5.03B	-7.34%	72 Outperform
HAE	Haemonetics	2.16%	$3.96M	$3.69B	-7.90%	70 Outperform
BRC	Brady	2.15%	$3.94M	$3.67B	6.79%	71 Outperform
AWI	Armstrong World	2.01%	$3.69M	$7.89B	14.98%	73 Outperform
STC	Stewart Information Services	1.97%	$3.62M	$2.09B	-0.15%	74 Outperform

NBSM Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

25.24

Negative

100DMA

25.45

Negative

200DMA

24.86

Positive

Market Momentum

MACD

-0.18

Positive

RSI

50.22

Neutral

STOCH

26.11

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NBSM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.00, equal to the 50-day MA of 25.24, and equal to the 200-day MA of 24.86, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 50.22 is Neutral, neither overbought nor oversold. The STOCH value of 26.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NBSM.

NBSM Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
NBSM	―	―	$183.27M	0.65%	68 Neutral
CGMM	―	―	$915.91M	0.51%	68 Neutral
RSMC	―	―	$696.98M	0.75%	69 Neutral
SDVD	―	―	$655.96M	0.85%	72 Outperform
MSSM	―	―	$652.65M	0.57%	63 Neutral
SMIZ	―	―	$151.69M	0.56%	67 Neutral

Performance Comparison

NBSM

Neuberger Berman Small-Mid Cap ETF

25.04

-3.16

-11.21%

CGMM

Capital Group U.S. Small and Mid Cap ETF

―

RSMC

Rockefeller U.S. Small-Mid Cap ETF

―

SDVD

FT Cboe Vest SMID Rising Dividend Achievers Target Income ETF

―

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

―

SMIZ

Zacks Small/Mid Cap 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.

Disclaimer

This 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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