Neuberger Berman[…]

Neuberger Berman Disrupters ETFNBDS

1D 1M 3M YTD 1Y 3Y5YMAX

S&P 500 Compare

$35.90+3.0%

+$1.05 · Nov 6 close

Buy

AUM: $155M
Fee: 0.65%
Yield: 0.4%

Bumpy · 1Y: 2.2×S&P
Volume: 1K
NAV: $34.83

What's insideAll 31 →

NVDA 7.1%GKOS 5.9%AMD 4.9%PTGX 4.8%

52-week range16% below the high

$29.42$42.86

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+3.0%	−13.3%	−13.3%	+1.3%	−4.1%	+70.7%	—	+49.1%
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

NBDS in One Breath

NBDS Among Its Peers

YTD

#1NBDSNeuberger Berman+1.3%$155M

End-of-day Nov 8, 2026 · 1 ETFs by YTD

$10,000 in NBDS

$10,000 in NBDS became

$14,909

In the S&P 500 (VOO)

$17,454

Total return, dividends in · Apr 7, 2022 – Nov 6, 2026 · S&P 500 uses VOO

NBDS’s Top Holdings

Today

NVDANvidia7.1%GKOS5.9%AMD4.9%PTGX4.8%SNOW4.5%SHOP.TO4.2%CEG3.9%ISRG3.8%MPWR3.8%ASML3.7%639.DE3.7%HEI3.3%TSLA3.1%AMZN3.1%HOOD3.1%TW3.0%ARM2.9%NVMI.TA2.8%TTAN2.7%NOW2.6%AVGO2.6%CVNA2.6%7 more

NVDA7.1%GKOS5.9%AMD4.9%PTGX4.8%SNOW4.5%SHOP.TO4.2%CEG3.9%ISRG3.8%MPWR3.8%ASML3.7%639.DE3.7%HEI3.3%17 more

TechnologyHealthcareIndustrialsFinancial ServicesConsumer CyclicalCommunication ServicesOther

Neuberger Berman NBDS · 29 holdings · tile size = share of the fund · as of Nov 6, 2026

What NBDS Holds

Today

Technology54.8%

NVDA 7.1 · AMD 4.9 · SNOW 4.5 · SHOP.TO 4.2 · MPWR 3.8 · ASML 3.7 · ARM 2.9

Healthcare15.8%

GKOS 5.9 · PTGX 4.8 · ISRG 3.8

Industrials9.3%

HEI 3.3 · BE 2.5 · RKLB 2.3 · VRT 1.2

Financial Services6.2%

HOOD 3.1 · TW 3.0

Consumer Cyclical8.9%

TSLA 3.1 · AMZN 3.1 · CVNA 2.6

Communication Services4.9%

639.DE 3.7

Utilities3.9%

CEG 3.9

Neuberger Berman NBDS · share of the fund by sector · as of Nov 6, 2026

Nvidia’s Share of NBDS

Today

7.1%

$71 of every $1,000 in NBDS is Nvidia

Nvidia held by NBDS

$11.1M

Most Nvidia per dollar

SMH21.0%

SMHX20.4%

FDG19.0%

GXPT18.7%

Neuberger Berman NBDS · each square = $10 of $1,000 · as of Nov 6, 2026

NBDS’s Size vs Its Peers

Today

$155Mthe largest ETF

AUM · NBDS and the 0 largest peers · Nov 8, 2026

NBDS Fee per $100 vs Peers

Today

$0.65a year
per $100

$65 a year on $10,000

NBDS$0.65

Expense ratio · peers · Nov 8, 2026

Inside NBDS

29 holdings · as of Nov 6, 2026

NBDS

Neuberger Berman Disrupters ETF

Today

Technology54.8%NVDA7.1%AMD4.9%SNOW4.5%SHOP.TO4.2%MPWR3.8%ASML3.7%ARM2.9%NVMI.TA2.8%TTAN2.7%NOW2.6%AVGO2.6%LITE1.7%WDCCIENHealthcare15.8%GKOS5.9%PTGX4.8%ISRG3.8%Industrials9.3%HEI3.3%BE RKLBFinancial Services6.2%HOOD3.1%TW3.0%Consumer Cyclical8.9%TSLAAMZNCVNACommunication Services4.9%639.DE3.7%Utilities3.9%CEG3.9%

Technology54.8%NVDA7.1%AMD4.9%SNOW4.5%SHOP.TO4.2%MPWR3.8%8 more holdings26.6% of the fundHealthcare15.8%GKOS5.9%PTGXISRGIndustrials9.3%HEIBE RKLBVRTFinancial Services6.2%HOODTWConsumer Cyclical8.9%TSLAAMZNCVNACommunication Services4.9%639.DE3.7%Utilities3.9%CEG

#	Ticker	Company	Weight ▼
1	NVDA	Nvidia	7.13%
2	GKOS	Glaukos	5.86%
3	AMD	Advanced Micro Devices	4.87%
4	PTGX	Protagonist Therapeutics	4.75%
5	SNOW	Snowflake	4.52%
6	SHOP.TO	Shopify	4.24%
7	CEG	Constellation Energy	3.92%
8	ISRG	Intuitive Surgical	3.82%
9	MPWR	Monolithic Power Systems	3.76%
10	ASML	ASML NY REG NY REG Shrs	3.75%

See all 31 holdings ↓

TechnologyHealthcareIndustrialsFinancial ServicesConsumer CyclicalCommunication ServicesUtilities

Neuberger Berman NBDS · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 77.1%

All NBDS Holdings

31 holdings · as of Nov 6, 2026

NBDS

NBDS’ Holdings

Today

#
1	NVDANvidia	Technology	7.13%	$713.32	61K	$11.1M
2	GKOSGlaukos	Healthcare	5.86%	$586.18	41K	$9.1M
3	AMDAdvanced Micro Devices	Technology	4.87%	$487.41	19K	$7.6M
4	PTGXProtagonist Therapeutics	Healthcare	4.75%	$475.37	55K	$7.4M
5	SNOWSnowflake	Technology	4.52%	$452.00	26K	$7.0M
6	—Definium Therapeutics	—	4.43%	$442.79	226K	$6.9M
7	SHOP.TOShopify	Technology	4.24%	$423.71	46K	$6.6M
8	CEGConstellation Energy	Utilities	3.92%	$391.67	25K	$6.1M
9	ISRGIntuitive Surgical	Healthcare	3.82%	$382.09	13K	$5.9M
10	MPWRMonolithic Power Systems	Technology	3.76%	$376.49	5,162	$5.8M
11	ASMLASML NY REG NY REG Shrs	Technology	3.75%	$374.83	4,286	$5.8M
12	639.DESpotify Technology	Communication Services	3.74%	$373.57	9,432	$5.8M
13	HEIHeico	Industrials	3.27%	$327.31	16K	$5.1M
14	TSLATesla	Consumer Cyclical	3.14%	$313.94	14K	$4.9M
15	AMZNAmazon	Consumer Cyclical	3.14%	$313.69	19K	$4.9M

Neuberger Berman NBDS · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

NBDS

Neuberger Berman Disrupters ETF’s Peers

YTD

NBDS has no close peers in our data yet: […]

Similar peers · YTD and past-year returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

NBDS vs VOO

YTD

NBDS · Neuberger Berman Disrupters

+1.3%

VOO · S&P 500

+8.7%

Gap

7.5 pts

Neuberger Berman NBDS and Vanguard VOO · YTD total return · as of Nov 9, 2026

NBDS vs Its Peer Average

YTD

NBDSAvsBPeer average

1D+3.0%[…]

1M−13.3%[…]

3M−13.3%[…]

YTD+1.3%[…]

1Y−4.1%[…]

3Y+70.7%[…]

0–0level

0 peers · each row scaled to its leader

How Bumpy Is NBDS?

View

NBDS

How Bumpy

2.2×the S&P 500’s swings

CalmerBumpierS&P 1×NBDS

S&P 500 swings · 1Y13.6%

Neuberger Berman NBDS · daily swings over the past year vs the S&P 500

NBDS

Worst Drop

−23.7%from its Nov 3 high

Still below the high−15.6%

$10,000 at the high is now$8,440

Neuberger Berman NBDS · fall from the highest close, past year

NBDS

On a Bad Day

2.2×the S&P 500’s fall

NBDS’s worst day: Thursday, Nov 5

NBDS

−8.2%

S&P 500

−4.4%

Up days53 of every 100

S&P 500 up days52 of every 100

Neuberger Berman NBDS · average move on days the S&P 500 fell

NBDS

Return for the Bumps

#1NBDSNeuberger Berman

lost money

No peers with a full year of prices to rank against yet.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

NBDS

Cost

Today

$65a year per $10,000

NBDS

$65

Expense ratio 0.65%, taken from the fund’s value

NBDS

Volatility & Beta

30.1%annual volatility

S&P 500 volatility13.6%

Downside volatility22.3%

Beta vs SPY1.89

Correlation vs SPY0.85

Daily total returns × √252 · past 254 trading days

NBDS

Max Drawdown

−23.7%peak to trough

Peak closeNov 3, 2025

Current drawdown−15.6%

Worst day−8.22% · Nov 5

Closing prices, dividends in

NBDS

Up / Down Capture

217%down capture vs SPY

Down days

217%

Up days

191%

S&P 500

100%

Up ÷ down capture0.88

Up days53.1% (S&P 52.0%)

Average daily move on SPY up days and down days

NBDS

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
NBDS	−0.36	−0.48	30.1%	−23.7%	1.89	$65

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

NBDS

Trading

Today

+3.07%above its holdings’ value

Close$35.90

NAV$34.83

Fee per $10,000$65 a year

Avg. volume 30D10K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

NBDS

Fund Facts

Today

2022launched Apr 6

Tracks[…]

Exchange · CUSIPAMEX · 64135A200

StructureETF

Leverage1x

Cost on $10,000$65 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Neuberger Berman NBDS · fund facts · as of Nov 9, 2026

NBDS

Payouts by Year

$0.13per share, Dec 2025

Distribution yield0.4%

Paid[…]

Latest ex-date · paidDec 19 · Dec 24, 2025

1 payouts added up$0.13 a share

Neuberger Berman NBDS · distributions by ex-date · 2025–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$34.83

Premium / discount[…]

Median spread · 30D[…]

Volume today1K

Average volume · 30D10K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.65%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$65.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 19, 2025	Dec 24, 2025	$0.13

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