NBSD vs. SDCP

Last updated Jun 4, 2026

NBSD (Neuberger Berman Short Duration Income ETF) and SDCP (Virtus Newfleet Short Duration Core Plus Bond ETF) are both Short-Term Bond funds. Both are actively managed. Over the past year, NBSD returned 4.72% vs 4.38% for SDCP. At a 0.29 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.

Performance

NBSD vs. SDCP - Performance Comparison

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

Returns By Period

In the year-to-date period, NBSD achieves a 0.83% return, which is significantly lower than SDCP's 1.06% return.

NBSD

• 1D: -0.04%
• 1M: 0.20%
• YTD: 0.83%
• 6M: 1.27%
• 1Y: 4.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDCP

• 1D: -0.10%
• 1M: 0.18%
• YTD: 1.06%
• 6M: 1.18%
• 1Y: 4.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBSD vs. SDCP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NBSD Neuberger Berman Short Duration Income ETF	0.83%	6.18%	3.97%
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	1.06%	5.37%	2.99%

Correlation

The correlation between NBSD and SDCP is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jun 25, 2024	0.29

Return for Risk

NBSD vs. SDCP — Risk / Return Rank

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

NBSD

NBSD Risk / Return Rank: 90
NBSD Sharpe Ratio Rank: 91
NBSD Sortino Ratio Rank: 95
NBSD Omega Ratio Rank: 95
NBSD Calmar Ratio Rank: 79
NBSD Martin Ratio Rank: 90

SDCP

SDCP Risk / Return Rank: 91
SDCP Sharpe Ratio Rank: 88
SDCP Sortino Ratio Rank: 94
SDCP Omega Ratio Rank: 95
SDCP Calmar Ratio Rank: 89
SDCP Martin Ratio Rank: 89

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. SDCP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Short Duration Income ETF (NBSD) and Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP). 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.

	NBSD	SDCP	Difference
Sharpe ratio: Return per unit of total volatility	3.24	3.02	+0.21
Sortino ratio: Return per unit of downside risk	5.32	4.90	+0.42
Omega ratio: Gain probability vs. loss probability	1.71	1.74	-0.02
Calmar ratio: Return relative to maximum drawdown	4.00	5.33	-1.34
Martin ratio: Return relative to average drawdown	20.74	19.90	+0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NBSD vs. SDCP - Sharpe Ratio Comparison

The current NBSD Sharpe Ratio is 3.24, which is comparable to the SDCP Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of NBSD and SDCP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NBSD	SDCP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.24	3.02	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	2.05	2.66	-0.61

Drawdowns

NBSD vs. SDCP - Drawdown Comparison

The maximum NBSD drawdown since its inception was -2.63%, which is greater than SDCP's maximum drawdown of -1.00%. Use the drawdown chart below to compare losses from any high point for NBSD and SDCP.

Drawdown Indicators

	NBSD	SDCP	Difference
Max Drawdown Largest peak-to-trough decline	-2.63%	-1.00%	-1.63%
Max Drawdown (1Y) Largest decline over 1 year	-1.19%	-0.82%	-0.37%
Current Drawdown Current decline from peak	-0.14%	-0.10%	-0.04%
Average Drawdown Average peak-to-trough decline	-0.23%	-0.18%	-0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.23%	0.22%	+0.01%

Volatility

NBSD vs. SDCP - Volatility Comparison

Neuberger Berman Short Duration Income ETF (NBSD) has a higher volatility of 0.35% compared to Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) at 0.30%. This indicates that NBSD's price experiences larger fluctuations and is considered to be riskier than SDCP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBSD	SDCP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.35%	0.30%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	1.01%	0.84%	+0.17%
Volatility (1Y) Calculated over the trailing 1-year period	1.47%	1.46%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.78%	2.04%	+0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.78%	2.04%	+0.74%

NBSD vs. SDCP - Expense Ratio Comparison

Both NBSD and SDCP have an expense ratio of 0.35%.

Dividends

NBSD vs. SDCP - Dividend Comparison

NBSD's dividend yield for the trailing twelve months is around 4.81%, less than SDCP's 5.23% yield.

Position	TTM	2025	2024	2023
NBSD Neuberger Berman Short Duration Income ETF	4.81%	5.06%	2.96%	0.00%
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	5.23%	5.16%	5.25%	0.59%

Frequently Asked Questions

Can I hold both NBSD and SDCP in my portfolio?

NBSD and SDCP have a correlation of 0.28, 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 SDCP?

NBSD has higher volatility (0.35%) compared to SDCP (0.30%). In terms of maximum drawdown, NBSD dropped -2.63% vs SDCP's -1.00%.

Which ETF is better, NBSD or SDCP?

On 1-year performance, NBSD leads with 4.72% vs 4.38% for SDCP. Both ETFs have the same 0.35% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NBSD or SDCP?

Over the 1-year period, NBSD has performed better with a 4.72% return vs 4.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NBSD or SDCP?

NBSD and SDCP have the same expense ratio: 0.35% per year.

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

SDCP has the higher dividend yield at 5.23%, compared with 4.81% for NBSD.

What is the main difference between NBSD and SDCP?

They also come from different issuers: Neuberger Berman and Virtus.

Which has better risk-adjusted returns?

NBSD currently has the higher Sharpe Ratio (3.24 vs 3.02), 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.