Data as of Nov 12, 2026.

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COM vs NBCM: Differences, Returns & Fees

Return, fees and overlap, side by side.

Return gap
+14.6 pts
1 year to Nov 12, 2026: NBCM ahead, total return
Fee gap
0.07 pts
A year: COM 0.72%, NBCM 0.65%, per filings dated Mar 2, 2026 and Mar 3, 2026
Overlap
0%
Share of the two books held in common, holdings dated Jul 31, 2026 and Aug 31, 2026
Net flow
–
Needs daily flows for both funds

Pair scorecard

NBCM costs 0.07 points a year less; their one-year returns differ by 14.6 points.

COM vs NBCM: Differences, Returns & Fees
MeasureCOMNBCM
Return
Total return, 1 year+15.8%+30.4%
Drawdown
Below its high6.1%, high on Sep 10, 20268.0%, high on Sep 10, 2026
Benchmark
What it tracksAuspice Broad Commodity IndexNo index, actively managed
Cost and size
Expense ratio0.72%0.65%
Net assets, COM as of Nov 11, 2026 and NBCM as of Aug 31, 2026$193m$510m
Holdings
Holdings in common0%

Method

Key numbers
+15.8%
COM total return, 1 year
+30.4%
NBCM total return, 1 year
0.72%
COM expense ratio
0.65%
NBCM expense ratio

What they share

0%

By the books each fund has filed, COM and NBCM hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first COM NBCM
Only in one fund ↓
Only in COM
N/A 14.27%
N/A 10.23%
N/A 8.20%
N/A 6.42%
N/A 3.09%
N/A 2.09%
N/A 1.83%
Only in NBCM
WELLS FARGO & COMPANY 1.70%
US BANK NA CINCINNATI 1.60%
JPMORGAN CHASE & CO 1.44%
MORGAN STANLEY BANK NA 1.40%
ABBOTT LABORATORIES 1.34%
BANK OF AMERICA CORP 1.34%
MERCK & CO INC 1.33%
CITIGROUP INC 1.26%
Check overlap with more funds →

Side by side

COM Direxion Auspice Broad Commodity Strategy ETF NBCM Neuberger Commodity Strategy ETF
Where it sits Commodity ETF Commodity ETF
What it is Tracks an index Actively managed
Total return, 1 year +15.8% +30.4%
Its benchmark over the same days not measured +25.9% (BCI)
Gap to its benchmark not measured +4.5 pts vs BCI
Expense ratio 0.72% 0.65%
Holdings 7 150
Net assets, COM as of Nov 11, 2026 and NBCM as of Aug 31, 2026 $193m $510m

COM and NBCM on the fields both publish, as of Nov 12, 2026. Source: ETFIQ.

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About each fund
COM

COM tracks an index. Over the year to Nov 12, 2026 it returned +15.8% with distributions reinvested. The prospectus expense ratio is 0.72% a year. It sat 6.1% below its high of Sep 10, 2026 on Nov 12, 2026.

NBCM

NBCM is actively managed and tracks no index. Over the year to Nov 12, 2026 it returned +30.4% with distributions reinvested, against +25.9% for its benchmark, the Bloomberg Commodity Index. The prospectus expense ratio is 0.65% a year. It sat 8.0% below its high of Sep 10, 2026 on Nov 12, 2026.

Questions people ask

Which returned more over the last year, COM or NBCM?
In the year to Nov 12, 2026, with distributions reinvested, COM returned +15.8% and NBCM +30.4%.
Which is cheaper, COM or NBCM?
NBCM is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, COM against NBCM, data as of Nov 12, 2026. https://etfiq.com/compare/any/com-vs-nbcm

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

Net assets: $193m on Nov 11, 2026 for Direxion Auspice Broad Commodity Strategy ETF, and $510m on Aug 31, 2026 for Neuberger Commodity Strategy ETF.

Growth of 100

COM and NBCM

Total return, distributions reinvested, 1 year.

COM +15.8%NBCM +30.4%
Nov 12, 2025Nov 12, 2026

COM +15.8%, NBCM +30.4%: NBCM +14.6 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.