NBDS vs. TIME

Last updated Aug 2, 2026

NBDS (Neuberger Berman Disrupters ETF) and TIME (Clockwise U.S. Core Equity ETF) are both Technology Equities funds. Both are actively managed. Over the past year, NBDS returned 15.81% vs 16.12% for TIME. Their correlation of 0.80 means they have usually moved in the same direction. NBDS charges 0.55%/yr vs 1.00%/yr for TIME.

Performance

NBDS vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Disrupters ETF (NBDS) and Clockwise U.S. Core Equity ETF (TIME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBDS achieves a 9.49% return, which is significantly higher than TIME's 6.68% return.

NBDS

• 1D: 0.00%
• 1M: -5.09%
• 6M: 14.36%
• YTD: 9.49%
• 1Y: 15.81%
• 3Y*: 17.53%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.66%

TIME

• 1D: 0.63%
• 1M: 0.10%
• 6M: 6.87%
• YTD: 6.68%
• 1Y: 16.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NBDS Neuberger Berman Disrupters ETF	$2.98M	$1.83M	$2.43M
TIME Clockwise U.S. Core Equity ETF	$50.21K	$44.64K	$109.23K

NBDS vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NBDS Neuberger Berman Disrupters ETF	9.49%	19.58%	-0.61%
TIME Clockwise U.S. Core Equity ETF	6.68%	10.17%	5.94%

Correlation

The correlation between NBDS and TIME is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (All Time) Calculated using the full available price history since Jun 24, 2024	0.80

The correlation between NBDS and TIME has been stable across timeframes, ranging from 0.79 to 0.80 - a consistent structural relationship.

NBDS vs. TIME - Sectors Allocation Comparison

Sectors	NBDS	TIME
Technology	60.3%	45.5%
Healthcare	15.5%	6.8%
Industrials	8.0%	5.3%
Financial Services	5.3%	3.6%
Consumer Cyclical	5.2%	6.1%
Communication Services	3.4%	15.6%
Utilities	2.3%	1.6%
Basic Materials	-	3.3%
Consumer Defensive	-	5.5%
Energy	-	6.8%
Real Estate	-	-

Return for Risk

NBDS vs. TIME — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NBDS

NBDS Risk / Return Rank: 22
NBDS Sharpe Ratio Rank: 23
NBDS Sortino Ratio Rank: 23
NBDS Omega Ratio Rank: 23
NBDS Calmar Ratio Rank: 21
NBDS Martin Ratio Rank: 21

TIME

TIME Risk / Return Rank: 40
TIME Sharpe Ratio Rank: 44
TIME Sortino Ratio Rank: 42
TIME Omega Ratio Rank: 42
TIME Calmar Ratio Rank: 35
TIME Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NBDS vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Disrupters ETF (NBDS) and Clockwise U.S. Core Equity ETF (TIME). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NBDS	TIME	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.10	-0.61
Sortino ratio: Return per unit of downside risk	0.86	1.55	-0.69
Omega ratio: Gain probability vs. loss probability	1.10	1.20	-0.09
Calmar ratio: Return relative to maximum drawdown	0.57	1.20	-0.62
Martin ratio: Return relative to average drawdown	1.47	4.09	-2.62

NBDS vs. TIME - Sharpe Ratio Comparison

The current NBDS Sharpe Ratio is 0.49, which is lower than the TIME Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of NBDS and TIME, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NBDS vs. TIME - Drawdown Comparison

The maximum NBDS drawdown since its inception was -29.93%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for NBDS and TIME.

Drawdown Indicators

	NBDS	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-29.93%	-24.26%	-5.67%
Max Drawdown (1Y) Largest decline over 1 year	-23.96%	-13.09%	-10.87%
Max Drawdown (3Y) Largest decline over 3 years	-28.51%	—	—
Current Drawdown Current decline from peak	-8.57%	-3.57%	-5.00%
Average Drawdown Average peak-to-trough decline	-9.37%	-5.44%	-3.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.38%	3.83%	+5.55%

Volatility

NBDS vs. TIME - Volatility Comparison

Neuberger Berman Disrupters ETF (NBDS) has a higher volatility of 9.01% compared to Clockwise U.S. Core Equity ETF (TIME) at 3.90%. This indicates that NBDS's price experiences larger fluctuations and is considered to be riskier than TIME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBDS	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.01%	3.90%	+5.11%
Volatility (6M) Calculated over the trailing 6-month period	23.32%	11.44%	+11.88%
Volatility (1Y) Calculated over the trailing 1-year period	27.95%	14.19%	+13.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.03%	17.55%	+10.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.03%	17.55%	+10.48%

NBDS vs. TIME - Expense Ratio Comparison

NBDS has a 0.55% expense ratio, which is lower than TIME's 1.00% expense ratio.

Dividends

NBDS vs. TIME - Dividend Comparison

NBDS's dividend yield for the trailing twelve months is around 0.35%, less than TIME's 9.39% yield.

Position	TTM	2025	2024
NBDS Neuberger Berman Disrupters ETF	0.35%	0.38%	0.00%
TIME Clockwise U.S. Core Equity ETF	9.39%	10.02%	15.84%

Frequently Asked Questions

Can I hold both NBDS and TIME in my portfolio?

NBDS and TIME have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBDS or TIME?

NBDS has higher volatility (9.01%) compared to TIME (3.90%). In terms of maximum drawdown, NBDS dropped -29.93% vs TIME's -24.26%.

Which ETF is better, NBDS or TIME?

On 1-year performance, TIME leads with 16.12% vs 15.81% for NBDS. On fees, NBDS is cheaper at 0.55% per year. On volatility, TIME has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NBDS or TIME?

Over the 1-year period, TIME has performed better with a 16.12% return vs 15.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NBDS or TIME?

NBDS is cheaper with a 0.55% expense ratio, compared with 1.00% for TIME.

Which ETF pays a higher dividend yield, NBDS or TIME?

TIME has the higher dividend yield at 9.39%, compared with 0.35% for NBDS.

What is the main difference between NBDS and TIME?

They also come from different issuers: Neuberger Berman and Clockwise. Their fees differ too: 0.55% for NBDS and 1.00% for TIME.

Which has better risk-adjusted returns?

TIME currently has the higher Sharpe Ratio (1.10 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.