NBDS vs YLDE
Neuberger Berman Disrupters ETF vs Franklin ClearBridge Enhanced Income ETF
Which is better, NBDS or YLDE?
Each has led over a different period.
NBDS has a lower expense ratio. NBDS led over 3Y and the full window, YLDE over 1Y. YLDE is less concentrated, with 32.6% 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 | NBDS | YLDE |
|---|---|---|
| Expense Ratio | 0.40%Best | 0.48% |
| AUM | $183M | $173M |
| Dividend Yield | 0.33% | 7.02% |
| Holdings | 32 | 110 |
| YTD Return | +11.35%Best | +8.88% |
| 1Y Return | +9.23% | +11.41%Best |
| 3Y Return (annualized) | +21.50%Best | +16.86% |
| 5Y Return (annualized) | - | +10.66% |
| Volatility (annualized) | 23.4% | 13.4%Best |
| Max Drawdown | -29.8% | -17.8%Best |
| $10,000 over 4.5 years | $16,400Best | $15,910 |
| Top 10 Weight | 46.6% | 32.6%Best |
| Fund Family | Neuberger Berman | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 6, 2022 | May 22, 2017 |
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).
NBDS vs YLDE 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.
NBDS vs YLDE Performance
Neuberger Berman Disrupters ETF (NBDS) is an ETF from Neuberger Berman and Franklin ClearBridge Enhanced Income ETF (YLDE) is an ETF from Franklin Templeton Investments (US). Over the past year NBDS returned +9.23% while YLDE returned +11.41%. Year to date, NBDS is up 11.35% versus a gain of 8.88% for YLDE.
Over three years, NBDS compounded at +21.50% per year against +16.86% for YLDE.
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 13.4% for YLDE. 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 -29.8% for NBDS and -17.8% for YLDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NBDS charges 0.40% per year while YLDE charges 0.48%. On a $10,000 position that is $40 vs $48 annually, a gap of $8 per year that compounds over a long holding period. On income, NBDS currently yields 0.33% against 7.02% for YLDE.
Holdings Overlap
10.3% of NBDS's money is in holdings YLDE also owns. 5.5% of YLDE's money is in holdings NBDS also owns.
NBDS and YLDE share little of their money.
2 positions in common, counted across the 32 positions we hold weights for in NBDS and 48 in YLDE, against full books of 32 and 110.
What only one of them owns
Our book lists 42 positions for YLDE that do not appear in our book for NBDS (86.8% of the fund), and 26 for NBDS that do not appear in YLDE (73.3%).
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.
You are not choosing between two funds in isolation.
Whichever of NBDS and YLDE 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, NBDS or YLDE?
NBDS has an expense ratio of 0.40% while YLDE charges 0.48%. NBDS is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, NBDS or YLDE?
Over the past year NBDS returned +9.23% vs +11.41% for YLDE, so YLDE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NBDS or YLDE?
NBDS has been the more volatile fund at 23.4% annualized versus 13.4% for YLDE. Worst drawdown: NBDS -29.8% vs YLDE -17.8%.
Should I hold both NBDS and YLDE?
NBDS and YLDE have a monthly-return correlation of 0.53, 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 NBDS and YLDE?
10.3% of NBDS's money is in holdings YLDE also owns. 5.5% of YLDE's is in holdings NBDS also owns. They hold 2 positions in common, counted across the 32 positions we hold weights for in NBDS and 48 in YLDE.
Which pays a higher dividend, NBDS or YLDE?
NBDS yields 0.33% while YLDE yields 7.02%, so YLDE currently pays the higher dividend yield.
Is YLDE better than NBDS?
NBDS has a lower expense ratio. NBDS led over 3Y and the full window, YLDE over 1Y. YLDE is less concentrated, with 32.6% 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.