NBDS vs VTI
Neuberger Berman Disrupters ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, NBDS or VTI?
Each has led over a different period.
VTI has a lower expense ratio. NBDS led over 3Y, VTI over 1Y and the full window. VTI is less concentrated, with 33.3% 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 | NBDS | VTI |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $177M | $690.1B |
| Dividend Yield | 0.33% | 1.03% |
| Holdings | 32 | 3,524 |
| YTD Return | +15.52%Best | +14.35% |
| 1Y Return | +12.03% | +17.97%Best |
| 3Y Return (annualized) | +23.03%Best | +22.47% |
| 5Y Return (annualized) | - | +12.62% |
| Volatility (annualized) | 23.4% | 15.3%Best |
| Max Drawdown | -29.8% | -19.8%Best |
| $10,000 over 4.5 years | $17,017 | $17,976Best |
| Top 10 Weight | 46.6% | 33.3%Best |
| Fund Family | Neuberger Berman | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 6, 2022 | May 24, 2001 |
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).
NBDS vs VTI 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.
NBDS vs VTI Performance
Neuberger Berman Disrupters ETF (NBDS) is an ETF from Neuberger Berman and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year NBDS returned +12.03% while VTI returned +17.97%. Year to date, NBDS is up 15.52% versus a gain of 14.35% for VTI.
Over three years, NBDS compounded at +23.03% per year against +22.47% for VTI.
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 15.3% for VTI. 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 -19.8% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NBDS charges 0.40% per year while VTI charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, NBDS currently yields 0.33% against 1.03% for VTI.
Holdings Overlap
75.1% of NBDS's money is in holdings VTI also owns. 16.6% of VTI's money is in holdings NBDS also owns.
Most of NBDS is already inside VTI. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, NBDS as of Sep 15, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
24 positions in common, counted across the 32 positions we hold weights for in NBDS and 3,463 in VTI, against full books of 32 and 3,524.
What only one of them owns
Our book lists 1,126 positions for VTI that do not appear in our book for NBDS (80.9% of the fund), and 4 for NBDS that do not appear in VTI (8.5%).
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 VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.46% | 6.40% | 1.06% |
| AMDAdvanced Micro Devices Inc | 5.41% | 1.08% | 4.33% |
| AMZNAmazon.Com Inc | 2.69% | 3.65% | 0.96% |
| AVGOBroadcom Inc | 2.82% | 2.56% | 0.26% |
| SNOWSnowflake Inc | 4.80% | 0.13% | 4.67% |
| PTGXProtagonist Therapeutics Inc | 4.53% | 0.01% | 4.52% |
| CEGConstellation Energy Corporation Com | 4.05% | 0.12% | 3.93% |
| HOODRobinhood Markets Inc - A | 3.92% | 0.09% | 3.83% |
| GKOSGlaukos Corp. | 3.88% | 0.01% | 3.87% |
| MPWRMonolithic Power Systems Inc | 3.57% | 0.09% | 3.48% |
75.1% of NBDS is already inside VTI.
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 VTI?
NBDS has an expense ratio of 0.40% while VTI charges 0.03%. VTI is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, NBDS or VTI?
Over the past year NBDS returned +12.03% vs +17.97% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBDS or VTI?
NBDS has been the more volatile fund at 23.4% annualized versus 15.3% for VTI. Worst drawdown: NBDS -29.8% vs VTI -19.8%.
Should I hold both NBDS and VTI?
NBDS and VTI have a monthly-return correlation of 0.87, 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 NBDS and VTI?
75.1% of NBDS's money is in holdings VTI also owns. 16.6% of VTI's is in holdings NBDS also owns. They hold 24 positions in common, counted across the 32 positions we hold weights for in NBDS and 3,463 in VTI.
Which pays a higher dividend, NBDS or VTI?
NBDS yields 0.33% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than NBDS?
VTI has a lower expense ratio. NBDS led over 3Y, VTI over 1Y and the full window. VTI is less concentrated, with 33.3% 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.