Neuberger Berman Disrupters ETF
$41.05−0.23 (−0.55%)
- 0.65%
- $186M
- +15.8%
- 0M sh
- $42.10
- low $29.42high $42.86
The ETF.net NBDS Grade
C
Score 51 out of 100
- 14 of 31
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B55 out of 100Rank 12 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 out of 100Rank 25 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 6 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 23 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 19 of 31
Our read on NBDS
CMost disruption funds hand the job to a rulebook. NBDS hands it to Neuberger Berman's analysts: roughly 30 hand-picked companies whose technologies or services may reshape their markets, priced at the category's going rate.
The Fund targets companies offering differentiated solutions, technologies, or services that may create or reshape markets, using internal research and analysis to identify such businesses.
Why people hold it
- Human stock-picking, not a screen. Managers use internal research to hunt companies with differentiated solutions, technologies or services that may create or reshape markets.
- Concentrated by design: about 30 names, so a winner actually moves the needle instead of getting diluted inside a sprawling innovation basket.
- Active management at index-fund pricing for this corner: the 0.65% expense ratio sits right at the median for disruptive-innovation ETFs.
- Holds up well against a crowded field, landing in the upper half of its disruptive-innovation peer group on our overall read.
Worth knowing
- Thinly traded. Shares change hands lightly, which can mean wider gaps between buy and sell prices than the big names in the theme.
- Cheaper index routes to similar ground exist, including KOMP at 0.20% and XT at 0.46%.
- A 30-stock portfolio of high-growth disruptors concentrates risk, and the fund only launched in 2022, so the track record is short.
NBDS Holdings
- Stocks
- 32
- 47%
- NVDA
Sectors
- Technology54.8%
- Health Care15.8%
- Industrials8.6%
- Financials6.1%
- Consumer Discretionary6.1%
- Communication4.9%
- Utilities3.8%
Geography
- United States81.56%
- United Kingdom4.32%
- Netherlands4.19%
- Canada4.12%
- Israel3.18%
- Sweden2.63%
NBDS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
NBDS$11,577
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NBDS |
|---|---|
| Year to date | +16.4% |
| 1 month | +3.2% |
| 3 months | −0.7% |
| 1 year | +15.8% |
| 3 years | +23.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NBDS |
|---|---|---|
| 2026 YTD | +16.4% | |
| 2025 | +19.6% | |
| 2024 | +18.0% | |
| 2023 | +38.6% | |
| 2022 | −24.7% |
NBDS in the news
NBDS Dividends
- $0.13 per share
- Irregular
Distribution data unavailable.
Distribution history
NBDS Risk
- 23.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.83
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −29.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.52
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NBDS Cost
0.65%
NBDS0.65%
- The middle half of Disruptive Innovation funds
- Median 0.65%
11 of the 31 Disruptive Innovation funds charge less.
Other funds in Disruptive Innovation
- CINVNAlger Russell Innovation ETFExpense ratio 0.55%1 year return +30.0%
- BTSNFTruth Social American Next Frontiers ETFExpense ratio 0.65%1 year return —
- CGXDWGlobal X - Dorsey Wright Thematic ETFExpense ratio 0.50%1 year return −4.9%
- CILDRFirst Trust Innovation Leaders ETFExpense ratio 0.75%1 year return +22.4%
- CLOUPInnovator Deepwater Frontier Tech ETFExpense ratio 0.70%1 year return +17.9%