IQSU vs NBDS
NYLIM Candriam US Large Cap Equity ETF vs Neuberger Berman Disrupters ETF
Which is better, IQSU or NBDS?
Each has led over a different period.
IQSU has a lower expense ratio. IQSU led over 1Y and the full window, NBDS over 3Y. IQSU is less concentrated, with 43.3% 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 | IQSU | NBDS |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.40% |
| AUM | $354M | $183M |
| Dividend Yield | 0.91% | 0.33% |
| Holdings | 264 | 32 |
| YTD Return | +15.73%Best | +11.35% |
| 1Y Return | +20.02%Best | +9.23% |
| 3Y Return (annualized) | +19.22% | +21.50%Best |
| 5Y Return (annualized) | +11.67% | - |
| Volatility (annualized) | 16.2%Best | 23.4% |
| Max Drawdown | -21.1%Best | -29.8% |
| $10,000 over 4.5 years | $17,044Best | $16,400 |
| Top 10 Weight | 43.3%Best | 46.6% |
| Fund Family | New York Life Investments | Neuberger Berman |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 17, 2019 | Apr 6, 2022 |
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 14, 2026 (4.5 years).
IQSU vs NBDS 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.
IQSU vs NBDS Performance
NYLIM Candriam US Large Cap Equity ETF (IQSU) is an ETF from New York Life Investments and Neuberger Berman Disrupters ETF (NBDS) is an ETF from Neuberger Berman. Over the past year IQSU returned +20.02% while NBDS returned +9.23%. Year to date, IQSU is up 15.73% versus a gain of 11.35% for NBDS.
Over three years, IQSU compounded at +19.22% per year against +21.50% for NBDS.
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 16.2% for IQSU. 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 -21.1% for IQSU and -29.8% for NBDS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSU charges 0.09% per year while NBDS charges 0.40%. On a $10,000 position that is $9 vs $40 annually, a gap of $31 per year that compounds over a long holding period. On income, IQSU currently yields 0.91% against 0.33% for NBDS.
Holdings Overlap
14.0% of IQSU's money is in holdings NBDS also owns. 41.4% of NBDS's money is in holdings IQSU also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 269 positions we hold weights for in IQSU and 32 in NBDS, against full books of 264 and 32.
What only one of them owns
Our book lists 14 positions for NBDS that do not appear in our book for IQSU (42.2% of the fund), and 250 for IQSU that do not appear in NBDS (85.3%).
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 IQSU | Weight in NBDS | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 3.06% | 5.41% | 2.35% |
| AMZNAmazon.Com Inc | 4.78% | 2.69% | 2.09% |
| SNOWSnowflake Inc | 0.32% | 4.80% | 4.48% |
| TSLATesla Inc | 3.40% | 1.57% | 1.83% |
| HOODRobinhood Markets Inc - A | 0.23% | 3.92% | 3.69% |
| MPWRMonolithic Power Systems Inc | 0.20% | 3.57% | 3.37% |
| NOWServicenow, Inc. | 0.38% | 2.97% | 2.59% |
| ISRGIntuitive Surgical Inc. | 0.39% | 2.62% | 2.23% |
| BECfd Bloom Energy Corp- A | 0.24% | 2.75% | 2.51% |
| LITELumentum Holdings Inc | 0.24% | 2.69% | 2.45% |
41.4% of NBDS is already inside IQSU.
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, IQSU or NBDS?
IQSU has an expense ratio of 0.09% while NBDS charges 0.40%. IQSU is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, IQSU or NBDS?
Over the past year IQSU returned +20.02% vs +9.23% for NBDS, so IQSU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQSU or NBDS?
NBDS has been the more volatile fund at 23.4% annualized versus 16.2% for IQSU. Worst drawdown: IQSU -21.1% vs NBDS -29.8%.
Should I hold both IQSU and NBDS?
IQSU and NBDS have a monthly-return correlation of 0.89, 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 IQSU and NBDS?
41.4% of NBDS's money is in holdings IQSU also owns. 41.4% of NBDS's is in holdings IQSU also owns. They hold 14 positions in common, counted across the 269 positions we hold weights for in IQSU and 32 in NBDS.
Which pays a higher dividend, IQSU or NBDS?
IQSU yields 0.91% while NBDS yields 0.33%, so IQSU currently pays the higher dividend yield.
Is NBDS better than IQSU?
IQSU has a lower expense ratio. IQSU led over 1Y and the full window, NBDS over 3Y. IQSU is less concentrated, with 43.3% 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.