FISR vs NBSD
State Street Fixed Income Sector Rotation ETF vs Neuberger Berman Short Duration Income ETF
Which is better, FISR or NBSD?
NBSD has been ahead.
NBSD has a lower expense ratio. NBSD led over 1Y 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 | FISR | NBSD |
|---|---|---|
| Expense Ratio | 0.50% | 0.35%Best |
| AUM | $635M | $1.6B |
| Dividend Yield | 4.39% | 4.78% |
| Holdings | 12 | 2,234 |
| YTD Return | -2.21% | +1.11%Best |
| 1Y Return | -2.40% | +2.08%Best |
| 3Y Return (annualized) | +4.02% | - |
| 5Y Return (annualized) | -1.51% | - |
| Volatility (annualized) | 4.7% | 2.2%Best |
| Max Drawdown | -5.0% | -2.6%Best |
| $10,000 over 2.3 years | $10,457 | $11,156Best |
| Fund Family | State Street Investment Management | Neuberger Berman |
| Category | Fixed Income | Fixed Income |
| Style | Short Term High Quality | Short Term High Quality |
| Inception | Apr 2, 2019 | Jun 24, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 24, 2024 to Oct 14, 2026 (2.3 years).
FISR vs NBSD 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 2.3 years both funds cover.
FISR vs NBSD Performance
State Street Fixed Income Sector Rotation ETF (FISR) is an ETF from State Street Investment Management and Neuberger Berman Short Duration Income ETF (NBSD) is an ETF from Neuberger Berman. Over the past year FISR returned -2.40% while NBSD returned +2.08%. Year to date, FISR is down 2.21% versus a gain of 1.11% for NBSD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FISR has been the more volatile fund, with annualized monthly volatility of 4.7% compared with 2.2% for NBSD. 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 -5.0% for FISR and -2.6% for NBSD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FISR charges 0.50% per year while NBSD charges 0.35%. On a $10,000 position that is $50 vs $35 annually, a gap of $15 per year that compounds over a long holding period. On income, FISR currently yields 4.39% against 4.78% for NBSD.
Holdings Overlap
We hold position weights for 9 holdings in FISR and 356 in NBSD, totalling 100.0% and 41.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 9 positions we hold weights for in FISR and 356 in NBSD, against full books of 12 and 2,234.
You are not choosing between two funds in isolation.
Whichever of FISR and NBSD 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, FISR or NBSD?
FISR has an expense ratio of 0.50% while NBSD charges 0.35%. NBSD is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, FISR or NBSD?
Over the past year FISR returned -2.40% vs +2.08% for NBSD, so NBSD leads on 1-year performance. Over the longest common window we track (2 years), FISR annualized +1.96% vs +4.87% for NBSD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FISR or NBSD?
FISR has been the more volatile fund at 4.7% annualized versus 2.2% for NBSD. Worst drawdown: FISR -5.0% vs NBSD -2.6%.
Should I hold both FISR and NBSD?
FISR and NBSD have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FISR or NBSD?
FISR yields 4.39% while NBSD yields 4.78%, so NBSD currently pays the higher dividend yield.
Is NBSD better than FISR?
NBSD has a lower expense ratio. NBSD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.