NBDS vs. XLKI

Last updated Jun 5, 2026

NBDS (Neuberger Berman Disrupters ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. NBDS charges 0.55%/yr vs 0.35%/yr for XLKI.

Performance

NBDS vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Disrupters ETF (NBDS) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with NBDS at 17.05% and XLKI at 17.05%.

NBDS

• 1D: -0.57%
• 1M: 15.48%
• YTD: 17.05%
• 6M: 14.53%
• 1Y: 32.12%
• 3Y*: 22.78%
• 5Y*: —
• 10Y*: —

XLKI

• 1D: -0.75%
• 1M: 6.20%
• YTD: 17.05%
• 6M: 16.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBDS vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
NBDS Neuberger Berman Disrupters ETF	17.05%	1.86%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.05%	10.07%

Correlation

The correlation between NBDS and XLKI is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.86

NBDS vs. XLKI - Sectors Allocation Comparison

Sectors	NBDS	XLKI
Technology	65.4%	-
Healthcare	9.1%	-
Consumer Cyclical	6.5%	-
Industrials	5.8%	-
Financial Services	5.7%	106.8%
Communication Services	4.4%	-
Utilities	3.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-

Return for Risk

NBDS vs. XLKI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBDS

NBDS Risk / Return Rank: 32
NBDS Sharpe Ratio Rank: 37
NBDS Sortino Ratio Rank: 35
NBDS Omega Ratio Rank: 35
NBDS Calmar Ratio Rank: 28
NBDS Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NBDS vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Disrupters ETF (NBDS) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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.

	NBDS	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	1.32	—	—
Sortino ratio: Return per unit of downside risk	1.83	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.35	—	—
Martin ratio: Return relative to average drawdown	3.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NBDS	XLKI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	2.16	-1.65

Drawdowns

NBDS vs. XLKI - Drawdown Comparison

The maximum NBDS drawdown since its inception was -29.81%, which is greater than XLKI's maximum drawdown of -10.24%. Use the drawdown chart below to compare losses from any high point for NBDS and XLKI.

Drawdown Indicators

	NBDS	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-29.81%	-10.24%	-19.57%
Max Drawdown (1Y) Largest decline over 1 year	-23.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.51%	—	—
Current Drawdown Current decline from peak	-1.26%	-1.35%	+0.09%
Average Drawdown Average peak-to-trough decline	-9.51%	-1.61%	-7.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.13%	—	—

Volatility

Volatility by Period

	NBDS	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.54%	16.23%	+8.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.63%	16.23%	+11.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.63%	16.23%	+11.40%

NBDS vs. XLKI - Expense Ratio Comparison

NBDS has a 0.55% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

NBDS vs. XLKI - Dividend Comparison

NBDS's dividend yield for the trailing twelve months is around 0.32%, less than XLKI's 14.29% yield.

Position	TTM	2025
NBDS Neuberger Berman Disrupters ETF	0.32%	0.38%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	14.29%	8.52%

Frequently Asked Questions

Can I hold both NBDS and XLKI in my portfolio?

NBDS and XLKI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBDS or XLKI?

On fees, XLKI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NBDS or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.55% for NBDS.

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

XLKI has the higher dividend yield at 14.29%, compared with 0.32% for NBDS.

What is the main difference between NBDS and XLKI?

They also come from different issuers: Neuberger Berman and State Street. Their fees differ too: 0.55% for NBDS and 0.35% for XLKI.