DWLD vs NBXG
Davis Select Worldwide ETF vs Neuberger Berman Next Generation Connectivity Fund Inc
Which is better, DWLD or NBXG?
Each has led over a different period.
DWLD has a lower expense ratio. DWLD led over 5Y and the full window, NBXG over 1Y and 3Y.
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 | DWLD | NBXG |
|---|---|---|
| Expense Ratio | 0.63%Best | 1.30% |
| AUM | $579M | $1.4B |
| Dividend Yield | 0.94% | 7.97% |
| Holdings | 40 | 137 |
| YTD Return | -4.08% | +12.45%Best |
| 1Y Return | +2.46% | +12.72%Best |
| 3Y Return (annualized) | +18.75% | +25.76%Best |
| 5Y Return (annualized) | +9.10%Best | +6.32% |
| Volatility (annualized) | 17.4%Best | 22.3% |
| Max Drawdown | -37.9%Best | -51.8% |
| $10,000 over 5 years | $15,457Best | $13,585 |
| Fund Family | Davis ETFs | Neuberger Berman |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 11, 2017 | May 25, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 26, 2021 to Oct 14, 2026 (5.4 years).
DWLD vs NBXG 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 5.4 years both funds cover.
DWLD vs NBXG Performance
Davis Select Worldwide ETF (DWLD) is an ETF from Davis ETFs and Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is an ETF from Neuberger Berman. Over the past year DWLD returned +2.46% while NBXG returned +12.72%. Year to date, DWLD is down 4.08% versus a gain of 12.45% for NBXG.
Over three years, DWLD compounded at +18.75% per year against +25.76% for NBXG; over five years the annualized figures are +9.10% and +6.32% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBXG has been the more volatile fund, with annualized monthly volatility of 22.3% compared with 17.4% for DWLD. 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 -37.9% for DWLD and -51.8% for NBXG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DWLD charges 0.63% per year while NBXG charges 1.30%. On a $10,000 position that is $63 vs $130 annually, a gap of $67 per year that compounds over a long holding period. On income, DWLD currently yields 0.94% against 7.97% for NBXG.
Holdings Overlap
At least 24.0% of DWLD's money is in holdings NBXG also owns.
Stated as a floor: for NBXG, our book for it covers 85.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
DWLD and NBXG share little of their money.
The two holdings books were reported 62 days apart, DWLD as of Oct 1, 2026 and NBXG as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
44 positions in common, counted across the 1,395 positions we hold weights for in DWLD and 54 in NBXG, against full books of 40 and 137.
Top Shared Holdings
| Stock | Weight in DWLD | Weight in NBXG | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.00% | 6.00% | 1.00% |
| NVDANvidia Corp | 5.65% | 4.48% | 1.17% |
| AMZNAmazon.Com Inc | 2.52% | 5.41% | 2.89% |
| WDCWestern Digital Corp. | 0.17% | 5.14% | 4.97% |
| 000660:KRSk Hynix Inc Common Stock KRW 5000 | 0.81% | 3.36% | 2.55% |
| AVGOBroadcom Inc | 1.67% | 2.29% | 0.62% |
| METAMeta Platforms Inc | 1.68% | 1.82% | 0.14% |
| MUMicron Technology, Inc. | 1.29% | 1.73% | 0.44% |
| HOODRobinhood Markets Inc - A | 0.09% | 2.93% | 2.84% |
| LRCXLam Research Corp | 0.45% | 2.33% | 1.88% |
24.0% of DWLD is already inside NBXG.
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, DWLD or NBXG?
DWLD has an expense ratio of 0.63% while NBXG charges 1.30%. DWLD is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, DWLD or NBXG?
Over the past year DWLD returned +2.46% vs +12.72% for NBXG, so NBXG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWLD or NBXG?
NBXG has been the more volatile fund at 22.3% annualized versus 17.4% for DWLD. Worst drawdown: DWLD -37.9% vs NBXG -51.8%.
Should I hold both DWLD and NBXG?
DWLD and NBXG have a monthly-return correlation of 0.55, 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 DWLD and NBXG?
At least 24.0% of DWLD's money is in holdings NBXG also owns. Our book for NBXG is partial, so the real figure is this or higher. They hold 44 positions in common, counted across the 1,395 positions we hold weights for in DWLD and 54 in NBXG.
Which pays a higher dividend, DWLD or NBXG?
DWLD yields 0.94% while NBXG yields 7.97%, so NBXG currently pays the higher dividend yield.
Is NBXG better than DWLD?
DWLD has a lower expense ratio. DWLD led over 5Y and the full window, NBXG over 1Y and 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.