IWV vs NBDS
iShares Russell 3000 ETF vs Neuberger Berman Disrupters ETF
Which is better, IWV or NBDS?
IWV has been ahead.
IWV has a lower expense ratio. IWV led over 1Y, 3Y and the full window. IWV is less concentrated, with 34.6% 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 | IWV | NBDS |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.40% |
| AUM | $20.7B | $183M |
| Dividend Yield | 0.88% | 0.33% |
| Holdings | 5,163 | 32 |
| YTD Return | +12.89%Best | +11.35% |
| 1Y Return | +16.39%Best | +9.23% |
| 3Y Return (annualized) | +21.75%Best | +21.50% |
| 5Y Return (annualized) | +11.91% | - |
| Volatility (annualized) | 15.2%Best | 23.4% |
| Max Drawdown | -19.7%Best | -29.8% |
| $10,000 over 4.5 years | $17,652Best | $16,400 |
| Top 10 Weight | 34.6%Best | 46.6% |
| Fund Family | iShares by BlackRock (US) | Neuberger Berman |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 22, 2000 | 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).
IWV 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.
IWV vs NBDS Performance
iShares Russell 3000 ETF (IWV) is an ETF from iShares by BlackRock (US) and Neuberger Berman Disrupters ETF (NBDS) is an ETF from Neuberger Berman. Over the past year IWV returned +16.39% while NBDS returned +9.23%. Year to date, IWV is up 12.89% versus a gain of 11.35% for NBDS.
Over three years, IWV compounded at +21.75% 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 15.2% for IWV. 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 -19.7% for IWV 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IWV charges 0.20% per year while NBDS charges 0.40%. On a $10,000 position that is $20 vs $40 annually, a gap of $20 per year that compounds over a long holding period. On income, IWV currently yields 0.88% against 0.33% for NBDS.
Holdings Overlap
17.4% of IWV's money is in holdings NBDS also owns. 82.8% of NBDS's money is in holdings IWV also owns.
Most of NBDS is already inside IWV. Owning both mostly buys the same companies twice.
26 positions in common, counted across the 2,586 positions we hold weights for in IWV and 32 in NBDS, against full books of 5,163 and 32.
What only one of them owns
Our book lists 3 positions for NBDS that do not appear in our book for IWV (5.7% of the fund), and 1,105 for IWV that do not appear in NBDS (78.8%).
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 IWV | Weight in NBDS | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.33% | 7.46% | 0.13% |
| AMDAdvanced Micro Devices Inc | 1.36% | 5.41% | 4.05% |
| AMZNAmazon.Com Inc | 3.28% | 2.69% | 0.59% |
| AVGOBroadcom Inc | 2.17% | 2.82% | 0.65% |
| SNOWSnowflake Inc | 0.16% | 4.80% | 4.64% |
| DFTX:CADefinium Therapeutics, Inc. Common Shares | 0.01% | 4.94% | 4.93% |
| PTGXProtagonist Therapeutics Inc | 0.01% | 4.53% | 4.52% |
| CEGConstellation Energy Corporation Com | 0.11% | 4.05% | 3.94% |
| HOODRobinhood Markets Inc - A | 0.12% | 3.92% | 3.80% |
| GKOSGlaukos Corp. | 0.01% | 3.88% | 3.87% |
82.8% of NBDS is already inside IWV.
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, IWV or NBDS?
IWV has an expense ratio of 0.20% while NBDS charges 0.40%. IWV is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, IWV or NBDS?
Over the past year IWV returned +16.39% vs +9.23% for NBDS, so IWV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IWV or NBDS?
NBDS has been the more volatile fund at 23.4% annualized versus 15.2% for IWV. Worst drawdown: IWV -19.7% vs NBDS -29.8%.
Should I hold both IWV and NBDS?
IWV and NBDS have a monthly-return correlation of 0.86, 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 IWV and NBDS?
82.8% of NBDS's money is in holdings IWV also owns. 82.8% of NBDS's is in holdings IWV also owns. They hold 26 positions in common, counted across the 2,586 positions we hold weights for in IWV and 32 in NBDS.
Which pays a higher dividend, IWV or NBDS?
IWV yields 0.88% while NBDS yields 0.33%, so IWV currently pays the higher dividend yield.
Is NBDS better than IWV?
IWV has a lower expense ratio. IWV led over 1Y, 3Y and the full window. IWV is less concentrated, with 34.6% 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.