FLQL vs NBDS
Franklin US Large Cap Multifactor Index ETF vs Neuberger Berman Disrupters ETF
Which is better, FLQL or NBDS?
Each has led over a different period.
FLQL has a lower expense ratio. FLQL led over 1Y and the full window, NBDS over 3Y. FLQL is less concentrated, with 38.6% of the fund in its ten largest positions against 46.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FLQL | NBDS |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.40% |
| AUM | $2.2B | $177M |
| Dividend Yield | 1.02% | 0.33% |
| Holdings | 219 | 32 |
| YTD Return | +14.13% | +15.52%Best |
| 1Y Return | +17.84%Best | +12.03% |
| 3Y Return (annualized) | +22.94% | +23.03%Best |
| 5Y Return (annualized) | +14.74% | - |
| Volatility (annualized) | 14.5%Best | 23.4% |
| Max Drawdown | -19.3%Best | -29.8% |
| $10,000 over 4.5 years | $18,712Best | $17,017 |
| Top 10 Weight | 38.6%Best | 46.6% |
| Fund Family | Franklin Templeton Investments (US) | Neuberger Berman |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 26, 2017 | Apr 6, 2022 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 7, 2022 to Oct 13, 2026 (4.5 years).
FLQL vs NBDS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.5 years both funds cover.
FLQL vs NBDS Performance
Franklin US Large Cap Multifactor Index ETF (FLQL) is an ETF from Franklin Templeton Investments (US) and Neuberger Berman Disrupters ETF (NBDS) is an ETF from Neuberger Berman. Over the past year FLQL returned +17.84% while NBDS returned +12.03%. Year to date, FLQL is up 14.13% versus a gain of 15.52% for NBDS.
Over three years, FLQL compounded at +22.94% per year against +23.03% for NBDS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBDS has been the more volatile fund, with annualized monthly volatility of 23.4% compared with 14.5% for FLQL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.3% for FLQL and -29.8% for NBDS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLQL charges 0.15% per year while NBDS charges 0.40%. On a $10,000 position that is $15 vs $40 annually, a gap of $25 per year that compounds over a long holding period. On income, FLQL currently yields 1.02% against 0.33% for NBDS.
Holdings Overlap
15.5% of FLQL's money is in holdings NBDS also owns. 28.1% of NBDS's money is in holdings FLQL also owns.
NBDS and FLQL share little of their money.
8 positions in common, counted across the 214 positions we hold weights for in FLQL and 32 in NBDS, against full books of 219 and 32.
What only one of them owns
Our book lists 20 positions for NBDS that do not appear in our book for FLQL (55.5% of the fund), and 201 for FLQL that do not appear in NBDS (83.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FLQL | Weight in NBDS | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.35% | 7.46% | 0.11% |
| AMDAdvanced Micro Devices Inc | 0.69% | 5.41% | 4.72% |
| AMZNAmazon.Com Inc | 3.32% | 2.69% | 0.63% |
| AVGOBroadcom Inc | 2.37% | 2.82% | 0.45% |
| MPWRMonolithic Power Systems Inc | 0.34% | 3.57% | 3.23% |
| RKLBRocket Lab Corp | 0.09% | 2.71% | 2.62% |
| TSLATesla Inc | 1.18% | 1.57% | 0.39% |
| CIENCiena Corp | 0.18% | 1.92% | 1.74% |
28.1% of NBDS is already inside FLQL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLQL or NBDS?
FLQL has an expense ratio of 0.15% while NBDS charges 0.40%. FLQL is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, FLQL or NBDS?
Over the past year FLQL returned +17.84% vs +12.03% for NBDS, so FLQL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLQL or NBDS?
NBDS has been the more volatile fund at 23.4% annualized versus 14.5% for FLQL. Worst drawdown: FLQL -19.3% vs NBDS -29.8%.
Should I hold both FLQL and NBDS?
FLQL and NBDS have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FLQL and NBDS?
28.1% of NBDS's money is in holdings FLQL also owns. 28.1% of NBDS's is in holdings FLQL also owns. They hold 8 positions in common, counted across the 214 positions we hold weights for in FLQL and 32 in NBDS.
Which pays a higher dividend, FLQL or NBDS?
FLQL yields 1.02% while NBDS yields 0.33%, so FLQL currently pays the higher dividend yield.
Is NBDS better than FLQL?
FLQL has a lower expense ratio. FLQL led over 1Y and the full window, NBDS over 3Y. FLQL is less concentrated, with 38.6% of the fund in its ten largest positions against 46.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.