NBDS vs QQQ
Neuberger Berman Disrupters ETF vs Invesco QQQ Trust, Series 1
Which is better, NBDS or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. NBDS is less concentrated, with 45.9% of the fund in its ten largest positions against 46.5%.
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 | NBDS | QQQ |
|---|---|---|
| Expense Ratio | 0.40% | 0.18%Best |
| AUM | $181M | $483.5B |
| Dividend Yield | 0.35% | 0.44% |
| Holdings | 32 | 107 |
| YTD Return | +9.94% | +15.21%Best |
| 1Y Return | +9.62% | +19.78%Best |
| 3Y Return (annualized) | +20.43% | +24.58%Best |
| 5Y Return (annualized) | - | +13.93% |
| Volatility (annualized) | 23.7% | 19.9%Best |
| Max Drawdown | -29.8% | -26.2%Best |
| $10,000 over 4.4 years | $16,150 | $20,293Best |
| Top 10 Weight | 45.9%Best | 46.5% |
| Fund Family | Neuberger Berman | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 6, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 7, 2022 to Sep 16, 2026 (4.4 years).
NBDS vs QQQ 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 4.4 years both funds cover.
NBDS vs QQQ Performance
Neuberger Berman Disrupters ETF (NBDS) is an ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NBDS returned +9.62% while QQQ returned +19.78%. Year to date, NBDS is up 9.94% versus a gain of 15.21% for QQQ.
Over three years, NBDS compounded at +20.43% per year against +24.58% for QQQ. Across the full 4-year window we track, QQQ has the edge at +17.45% annualized vs +11.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBDS has been the more volatile fund, with annualized monthly volatility of 23.7% compared with 19.9% for QQQ. 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 -29.8% for NBDS and -26.2% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NBDS charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, NBDS currently yields 0.35% against 0.44% for QQQ.
Holdings Overlap
46.5% of NBDS's money is in holdings QQQ also owns. 26.8% of QQQ's money is in holdings NBDS also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 32 positions we hold weights for in NBDS and 102 in QQQ, against full books of 32 and 107.
What only one of them owns
Our book lists 84 positions for QQQ that do not appear in our book for NBDS (72.2% of the fund), and 16 for NBDS that do not appear in QQQ (44.6%).
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 NBDS | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.65% | 8.44% | 0.79% |
| AMDAdvanced Micro Devices Inc | 4.78% | 3.45% | 1.33% |
| AMZNAmazon.Com Inc | 2.67% | 4.67% | 2.00% |
| AVGOBroadcom Inc | 2.85% | 3.16% | 0.31% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 4.03% | 0.68% | 3.35% |
| CEGConstellation Energy Corporation Com | 4.11% | 0.42% | 3.69% |
| SHOP:CAShopify Inc | 3.63% | 0.77% | 2.86% |
| TSLATesla Inc | 1.53% | 2.56% | 1.03% |
| MPWRMonolithic Power Systems Inc | 3.52% | 0.29% | 3.23% |
| ISRGIntuitive Surgical Inc. | 2.63% | 0.58% | 2.05% |
46.5% of NBDS is already inside QQQ.
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, NBDS or QQQ?
NBDS has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, NBDS or QQQ?
Over the past year NBDS returned +9.62% vs +19.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), NBDS annualized +11.51% vs +17.45% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBDS or QQQ?
NBDS has been the more volatile fund at 23.7% annualized versus 19.9% for QQQ. Worst drawdown: NBDS -29.8% vs QQQ -26.2%.
Should I hold both NBDS and QQQ?
NBDS and QQQ have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between NBDS and QQQ?
46.5% of NBDS's money is in holdings QQQ also owns. 26.8% of QQQ's is in holdings NBDS also owns. They hold 14 positions in common, counted across the 32 positions we hold weights for in NBDS and 102 in QQQ.
Which pays a higher dividend, NBDS or QQQ?
NBDS yields 0.35% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than NBDS?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. NBDS is less concentrated, with 45.9% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.