NBSD vs. NBDS

Last updated Jun 24, 2026

NBSD (Neuberger Berman Short Duration Income ETF) and NBDS (Neuberger Berman Disrupters ETF) are both exchange-traded funds - NBSD is a Short-Term Bond fund actively managed by Neuberger Berman, while NBDS is a Technology Equities fund actively managed by Neuberger Berman. Both are actively managed. Over the past year, NBSD returned 4.08% vs 26.62% for NBDS. At a 0.15 correlation, their price movements are largely independent. NBSD charges 0.35%/yr vs 0.55%/yr for NBDS.

Performance

NBSD vs. NBDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neuberger Berman Short Duration Income ETF (NBSD) and Neuberger Berman Disrupters ETF (NBDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBSD achieves a 0.85% return, which is significantly lower than NBDS's 14.85% return.

NBSD

• 1D: 0.00%
• 1M: 0.13%
• YTD: 0.85%
• 6M: 0.84%
• 1Y: 4.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBDS

• 1D: -3.68%
• 1M: 4.22%
• YTD: 14.85%
• 6M: 12.50%
• 1Y: 26.62%
• 3Y*: 21.22%
• 5Y*: —
• 10Y*: —

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

NBSD vs. NBDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NBSD Neuberger Berman Short Duration Income ETF	0.85%	6.18%	3.93%
NBDS Neuberger Berman Disrupters ETF	14.85%	19.58%	-0.61%

Correlation

The correlation between NBSD and NBDS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (All Time) Calculated using the full available price history since Jun 24, 2024	0.15

Return for Risk

NBSD vs. NBDS — Risk / Return Rank

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

NBSD

NBSD Risk / Return Rank: 88
NBSD Sharpe Ratio Rank: 91
NBSD Sortino Ratio Rank: 94
NBSD Omega Ratio Rank: 93
NBSD Calmar Ratio Rank: 73
NBSD Martin Ratio Rank: 88

NBDS

NBDS Risk / Return Rank: 27
NBDS Sharpe Ratio Rank: 29
NBDS Sortino Ratio Rank: 29
NBDS Omega Ratio Rank: 29
NBDS Calmar Ratio Rank: 24
NBDS Martin Ratio Rank: 24

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.

NBSD vs. NBDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Short Duration Income ETF (NBSD) and Neuberger Berman Disrupters ETF (NBDS). 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.

	NBSD	NBDS	Difference
Sharpe ratio: Return per unit of total volatility	2.84	1.00	+1.83
Sortino ratio: Return per unit of downside risk	4.49	1.45	+3.04
Omega ratio: Gain probability vs. loss probability	1.61	1.19	+0.42
Calmar ratio: Return relative to maximum drawdown	3.45	1.12	+2.34
Martin ratio: Return relative to average drawdown	17.71	2.90	+14.80

NBSD vs. NBDS - Sharpe Ratio Comparison

The current NBSD Sharpe Ratio is 2.84, which is higher than the NBDS Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of NBSD and NBDS, 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

NBSD vs. NBDS - Drawdown Comparison

The maximum NBSD drawdown since its inception was -2.63%, smaller than the maximum NBDS drawdown of -29.93%. Use the drawdown chart below to compare losses from any high point for NBSD and NBDS.

Drawdown Indicators

	NBSD	NBDS	Difference
Max Drawdown Largest peak-to-trough decline	-2.63%	-29.93%	+27.30%
Max Drawdown (1Y) Largest decline over 1 year	-1.19%	-23.96%	+22.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.51%	—
Current Drawdown Current decline from peak	-0.24%	-3.68%	+3.44%
Average Drawdown Average peak-to-trough decline	-0.23%	-9.48%	+9.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.23%	9.19%	-8.96%

Volatility

NBSD vs. NBDS - Volatility Comparison

The current volatility for Neuberger Berman Short Duration Income ETF (NBSD) is 0.43%, while Neuberger Berman Disrupters ETF (NBDS) has a volatility of 11.96%. This indicates that NBSD experiences smaller price fluctuations and is considered to be less risky than NBDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBSD	NBDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	11.96%	-11.53%
Volatility (6M) Calculated over the trailing 6-month period	1.04%	21.74%	-20.70%
Volatility (1Y) Calculated over the trailing 1-year period	1.45%	26.65%	-25.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.76%	27.96%	-25.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.76%	27.96%	-25.20%

NBSD vs. NBDS - Expense Ratio Comparison

NBSD has a 0.35% expense ratio, which is lower than NBDS's 0.55% expense ratio.

Dividends

NBSD vs. NBDS - Dividend Comparison

NBSD's dividend yield for the trailing twelve months is around 4.81%, more than NBDS's 0.33% yield.

Position	TTM	2025	2024
NBDS Neuberger Berman Disrupters ETF	0.33%	0.38%	0.00%
NBSD Neuberger Berman Short Duration Income ETF	4.81%	5.06%	2.96%

Frequently Asked Questions

Can I hold both NBSD and NBDS in my portfolio?

NBSD and NBDS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBSD or NBDS?

NBDS has higher volatility (11.96%) compared to NBSD (0.43%). In terms of maximum drawdown, NBSD dropped -2.63% vs NBDS's -29.93%.

Which ETF is better, NBSD or NBDS?

On 1-year performance, NBDS leads with 26.62% vs 4.08% for NBSD. On fees, NBSD is cheaper at 0.35% per year. On volatility, NBSD has been the lower-risk option at 0.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NBSD or NBDS?

Over the 1-year period, NBDS has performed better with a 26.62% return vs 4.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NBSD or NBDS?

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

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

NBSD has the higher dividend yield at 4.81%, compared with 0.33% for NBDS.

What is the main difference between NBSD and NBDS?

NBSD is categorized as Short-Term Bond, while NBDS is Technology Equities. Their fees differ too: 0.35% for NBSD and 0.55% for NBDS.

Which has better risk-adjusted returns?

NBSD currently has the higher Sharpe Ratio (2.84 vs 1.00), 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.