COMB vs NBCM: how they differ

COMB and NBCM hold 0% of their weight in the same names, and NBCM returned +43.3% over the year. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF and Neuberger Commodity Strategy ETF.

COMB costs 0.40 points a year less; their one-year returns differ by 3.2 points; NBCM is 2.6 times larger.

COMBNBCM
Expense ratio0.25%0.65%
Net assets, COMB as of Oct 8, 2026 and NBCM as of May 31, 2026$161m$425m
Total return, 1 year+40.1%+43.3%
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+40.1%
COMB total return, 1 year
+43.3%
NBCM total return, 1 year
0.25%
COMB expense ratio
0.65%
NBCM expense ratio

What they hold in common

By the books each fund has filed, COMB 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 Jun 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding COMB NBCM
Only in COMB
Only in NBCM
US BANK NA CINCINNATI 1.92%
MORGAN STANLEY BANK NA 1.68%
MERCK & CO INC 1.59%
JPMORGAN CHASE & CO 1.54%
BANK OF AMERICA CORP 1.40%
BANK OF NY MELLON CORP 1.37%
ENTERPRISE PRODUCTS OPER 1.22%
ABBOTT LABORATORIES 1.20%

On the same fields

COMB
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
NBCM
Neuberger Commodity Strategy ETF
Where it sits Commodity ETF Commodity ETF
What it is Actively managed Actively managed
Total return, 1 year +40.1% +43.3%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +22.9 pts +26.1 pts
Expense ratio 0.25% 0.65%
Holdings 0 149
Net assets, COMB as of Oct 8, 2026 and NBCM as of May 31, 2026 $161m $425m

COMB and NBCM on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

COMB in plain words

COMB is actively managed and tracks no index. The prospectus expense ratio is 0.25% a year.

Over the year to Oct 9, 2026 it returned +40.1% with distributions reinvested, against +40.2% for its benchmark, the Bloomberg Commodity Total Return Index.

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, COMB or NBCM?
In the year to Oct 9, 2026, with distributions reinvested, COMB returned +40.1% and NBCM +43.3%.
Which is cheaper, COMB or NBCM?
COMB is cheaper, by 0.40 percentage points a year. On $10,000 held for a year that difference is about $40. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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.

Cite this page

ETFIQ, COMB against NBCM, data as of Oct 9, 2026. https://etfiq.com/compare/any/comb-vs-nbcm

Open data

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