FDLS vs NBXG
Inspire Fidelis Multi Factor ETF vs Neuberger Berman Next Generation Connectivity Fund Inc
Which is better, FDLS or NBXG?
Each has led over a different period.
FDLS has a lower expense ratio. FDLS led over 1Y, NBXG over 3Y and the full window.
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 | FDLS | NBXG |
|---|---|---|
| Expense Ratio | 0.66%Best | 1.30% |
| AUM | $259M | $1.4B |
| Dividend Yield | 0.86% | 7.97% |
| Holdings | 203 | 137 |
| YTD Return | +15.94%Best | +12.45% |
| 1Y Return | +21.43%Best | +12.72% |
| 3Y Return (annualized) | +19.89% | +25.76%Best |
| 5Y Return (annualized) | - | +6.32% |
| Volatility (annualized) | 18.3%Best | 20.9% |
| Max Drawdown | -23.3% | -22.1%Best |
| $10,000 over 4.1 years | $18,093 | $20,966Best |
| Fund Family | Inspire ETFs | Neuberger Berman |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 23, 2022 | May 25, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 24, 2022 to Oct 14, 2026 (4.1 years).
FDLS 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 4.1 years both funds cover.
FDLS vs NBXG Performance
Inspire Fidelis Multi Factor ETF (FDLS) is an ETF from Inspire ETFs and Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is an ETF from Neuberger Berman. Over the past year FDLS returned +21.43% while NBXG returned +12.72%. Year to date, FDLS is up 15.94% versus a gain of 12.45% for NBXG.
Over three years, FDLS compounded at +19.89% per year against +25.76% for NBXG. Across the full 4-year window we track, NBXG has the edge at +19.79% annualized vs +15.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBXG has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 18.3% for FDLS. 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 -23.3% for FDLS and -22.1% 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDLS charges 0.66% per year while NBXG charges 1.30%. On a $10,000 position that is $66 vs $130 annually, a gap of $64 per year that compounds over a long holding period. On income, FDLS currently yields 0.86% against 7.97% for NBXG.
Holdings Overlap
At least 3.3% of FDLS'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.
FDLS and NBXG share little of their money.
The two holdings books were reported 62 days apart, FDLS 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.
3 positions in common, counted across the 101 positions we hold weights for in FDLS and 54 in NBXG, against full books of 203 and 137.
You are not choosing between two funds in isolation.
Whichever of FDLS and NBXG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDLS or NBXG?
FDLS has an expense ratio of 0.66% while NBXG charges 1.30%. FDLS is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, FDLS or NBXG?
Over the past year FDLS returned +21.43% vs +12.72% for NBXG, so FDLS leads on 1-year performance. Over the longest common window we track (4 years), FDLS annualized +15.56% vs +19.79% for NBXG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDLS or NBXG?
NBXG has been the more volatile fund at 20.9% annualized versus 18.3% for FDLS. Worst drawdown: FDLS -23.3% vs NBXG -22.1%.
Should I hold both FDLS and NBXG?
FDLS and NBXG have a monthly-return correlation of 0.58, 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 FDLS and NBXG?
At least 3.3% of FDLS's money is in holdings NBXG also owns. Our book for NBXG is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 101 positions we hold weights for in FDLS and 54 in NBXG.
Which pays a higher dividend, FDLS or NBXG?
FDLS yields 0.86% while NBXG yields 7.97%, so NBXG currently pays the higher dividend yield.
Is NBXG better than FDLS?
FDLS has a lower expense ratio. FDLS led over 1Y, NBXG over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.