Correlation
The correlation between NBDS and IGPT is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
NBDS vs. IGPT
Compare and contrast key facts about Neuberger Berman Disrupters ETF (NBDS) and Invesco AI and Next Gen Software ETF (IGPT).
NBDS and IGPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBDS is an actively managed fund by Neuberger Berman. It was launched on Apr 6, 2022. IGPT is a passively managed fund by Invesco that tracks the performance of the STOXX World AC NexGen Software Development Index. It was launched on Jun 23, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NBDS or IGPT.
Performance
NBDS vs. IGPT - Performance Comparison
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Key characteristics
NBDS:
0.25
IGPT:
-0.03
NBDS:
0.46
IGPT:
0.05
NBDS:
1.06
IGPT:
1.01
NBDS:
0.19
IGPT:
-0.12
NBDS:
0.58
IGPT:
-0.33
NBDS:
9.18%
IGPT:
10.99%
NBDS:
32.18%
IGPT:
30.94%
NBDS:
-29.81%
IGPT:
-48.44%
NBDS:
-5.96%
IGPT:
-10.15%
Returns By Period
In the year-to-date period, NBDS achieves a 4.04% return, which is significantly higher than IGPT's -1.15% return.
NBDS
4.04%
11.20%
0.13%
9.33%
16.46%
N/A
N/A
IGPT
-1.15%
9.29%
-5.17%
-0.38%
12.73%
8.94%
14.88%
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NBDS vs. IGPT - Expense Ratio Comparison
NBDS has a 0.55% expense ratio, which is lower than IGPT's 0.60% expense ratio.
Risk-Adjusted Performance
NBDS vs. IGPT — Risk-Adjusted Performance Rank
NBDS
IGPT
NBDS vs. IGPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Disrupters ETF (NBDS) and Invesco AI and Next Gen Software ETF (IGPT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NBDS vs. IGPT - Dividend Comparison
Neither NBDS nor IGPT has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBDS Neuberger Berman Disrupters ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGPT Invesco AI and Next Gen Software ETF | 0.00% | 0.00% | 0.00% | 4.23% | 18.63% | 0.11% | 0.15% | 0.00% | 0.00% | 0.10% | 0.44% | 0.29% |
Drawdowns
NBDS vs. IGPT - Drawdown Comparison
The maximum NBDS drawdown since its inception was -29.81%, smaller than the maximum IGPT drawdown of -48.44%. Use the drawdown chart below to compare losses from any high point for NBDS and IGPT.
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Volatility
NBDS vs. IGPT - Volatility Comparison
The current volatility for Neuberger Berman Disrupters ETF (NBDS) is 6.00%, while Invesco AI and Next Gen Software ETF (IGPT) has a volatility of 6.52%. This indicates that NBDS experiences smaller price fluctuations and is considered to be less risky than IGPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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