CERY vs NBCM: how they differ
CERY and NBCM hold 0% of their weight in the same names, and CERY returned +45.4% over the year. State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF and Neuberger Commodity Strategy ETF.
CERY costs 0.37 points a year less; their one-year returns differ by 2.1 points; CERY is 2.6 times larger.
| CERY | NBCM | |
|---|---|---|
| Expense ratio | 0.28% | 0.65% |
| Net assets, CERY as of Oct 8, 2026 and NBCM as of May 31, 2026 | $1.1bn | $425m |
| Total return, 1 year | +45.4% | +43.3% |
| Holdings in common | 0% | |
Holdings in common uses holdings dated May 31, 2026 and Oct 8, 2026.
What they hold in common
By the books each fund has filed, CERY and NBCM hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Oct 8, 2026.
half
0% in common
On the same fields
CERY and NBCM on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
CERY in plain words
CERY tracks an index. Over the year to Oct 9, 2026 it returned +45.4% with distributions reinvested. The prospectus expense ratio is 0.28% a year.
NBCM in plain words
NBCM is actively managed and tracks no index. The prospectus expense ratio is 0.65% a year.
Over the year to Oct 9, 2026 it returned +43.3% with distributions reinvested, against +40.2% for its benchmark, the Bloomberg Commodity Index.
Questions people ask
- Which returned more over the last year, CERY or NBCM?
- In the year to Oct 9, 2026, with distributions reinvested, CERY returned +45.4% and NBCM +43.3%.
- Which is cheaper, CERY or NBCM?
- CERY is cheaper, by 0.37 percentage points a year. On $10,000 held for a year that difference is about $37. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
ETFIQ, CERY against NBCM, data as of Oct 9, 2026. https://etfiq.com/compare/any/cery-vs-nbcm
ETFIQ. (Oct 9, 2026). CERY against NBCM. Retrieved from https://etfiq.com/compare/any/cery-vs-nbcm
[CERY against NBCM (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/cery-vs-nbcm)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.