HDUS vs NBCR
Hartford Disciplined US Equity ETF vs Neuberger Berman Core Equity ETF
Which is better, HDUS or NBCR?
Nearly the same fund. HDUS costs less.
HDUS has a lower expense ratio. HDUS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. HDUS is less concentrated, with 34.4% of the fund in its ten largest positions against 36.9%.
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 | HDUS | NBCR |
|---|---|---|
| Expense Ratio | 0.19%Best | 0.29% |
| AUM | $111M | $856M |
| Dividend Yield | 1.42% | 0.42% |
| Holdings | 242 | 206 |
| YTD Return | +13.28%Best | +8.54% |
| 1Y Return | +16.53%Best | +12.11% |
| 3Y Return (annualized) | +21.04% | - |
| Volatility (annualized) | 11.6%Best | 12.2% |
| Max Drawdown | -18.2%Tie | -18.2%Tie |
| $10,000 over 2.2 years | $14,307Best | $13,791 |
| Top 10 Weight | 34.4%Best | 36.9% |
| Fund Family | Hartford Funds | Neuberger Berman |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 16, 2022 | Jul 31, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 1, 2024 to Oct 14, 2026 (2.2 years).
HDUS vs NBCR 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 2.2 years both funds cover.
HDUS vs NBCR Performance
Hartford Disciplined US Equity ETF (HDUS) is an ETF from Hartford Funds and Neuberger Berman Core Equity ETF (NBCR) is an ETF from Neuberger Berman. Over the past year HDUS returned +16.53% while NBCR returned +12.11%. Year to date, HDUS is up 13.28% versus a gain of 8.54% for NBCR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NBCR has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 11.6% for HDUS. 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 -18.2% for HDUS and -18.2% for NBCR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HDUS charges 0.19% per year while NBCR charges 0.29%. On a $10,000 position that is $19 vs $29 annually, a gap of $10 per year that compounds over a long holding period. On income, HDUS currently yields 1.42% against 0.42% for NBCR.
Holdings Overlap
57.3% of HDUS's money is in holdings NBCR also owns. 69.3% of NBCR's money is in holdings HDUS also owns.
The two portfolios partly overlap.
79 positions in common, counted across the 239 positions we hold weights for in HDUS and 203 in NBCR, against full books of 242 and 206.
What only one of them owns
Our book lists 117 positions for NBCR that do not appear in our book for HDUS (28.9% of the fund), and 157 for HDUS that do not appear in NBCR (42.0%).
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 HDUS | Weight in NBCR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.67% | 7.72% | 1.05% |
| AAPLApple, Inc | 5.91% | 6.95% | 1.04% |
| MSFTMicrosoft Corp | 5.54% | 6.03% | 0.49% |
| GOOGLAlphabet Inc | 4.84% | 3.10% | 1.74% |
| AMZNAmazon.Com Inc | 3.19% | 3.51% | 0.32% |
| METAMeta Platforms Inc | 2.04% | 2.26% | 0.22% |
| AVGOBroadcom Inc | 2.28% | 1.83% | 0.45% |
| MUMicron Technology, Inc. | 1.39% | 1.48% | 0.09% |
| AMDAdvanced Micro Devices Inc | 1.31% | 1.49% | 0.18% |
| TSLATesla Inc | 1.09% | 1.55% | 0.46% |
69.3% of NBCR is already inside HDUS.
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, HDUS or NBCR?
HDUS has an expense ratio of 0.19% while NBCR charges 0.29%. HDUS is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, HDUS or NBCR?
Over the past year HDUS returned +16.53% vs +12.11% for NBCR, so HDUS leads on 1-year performance. Over the longest common window we track (2 years), HDUS annualized +17.68% vs +15.73% for NBCR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDUS or NBCR?
NBCR has been the more volatile fund at 12.2% annualized versus 11.6% for HDUS. Worst drawdown: HDUS -18.2% vs NBCR -18.2%.
Should I hold both HDUS and NBCR?
HDUS and NBCR have a monthly-return correlation of 0.99, 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 HDUS and NBCR?
69.3% of NBCR's money is in holdings HDUS also owns. 69.3% of NBCR's is in holdings HDUS also owns. They hold 79 positions in common, counted across the 239 positions we hold weights for in HDUS and 203 in NBCR.
Which pays a higher dividend, HDUS or NBCR?
HDUS yields 1.42% while NBCR yields 0.42%, so HDUS currently pays the higher dividend yield.
Is NBCR better than HDUS?
HDUS has a lower expense ratio. HDUS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. HDUS is less concentrated, with 34.4% of the fund in its ten largest positions against 36.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.