ATMP vs. NBCT ETF Comparison

Comparison of Barclays ETN Plus Select MLP (ATMP) to Neuberger Berman Carbon Transition Infrastructure ETF (NBCT)

ATMP

Barclays ETN Plus Select MLP

ATMP Description

ATMP is an ETN tracking a dynamic index of US and Canadian MLPs. The fund offers a concentrated basket that can include as few as 20 firms or as many as 100. ATMP takes an alternative approach to selection, as it includes both general partnerships shares and traditional limited partnerships shares. Only companies traded on major US stock exchanges can be included in the portfolio and MLPs are also screened based on factors like long-term credit ratings and cash flows generated from midstream oil & gas activities. Additionally, the index is modified market-cap-weighted and caps limited partnerships weights at 8% and general partnerships shares at 4%. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$29.79

Average Daily Volume

32,348

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBCT

Neuberger Berman Carbon Transition Infrastructure ETF

NBCT Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of carbon transition companies and infrastructure companies. It invests a significant portion of its assets in carbon transition companies, which the Managers consider to be those companies that have, or in the Portfolio Managers" view, are reasonably expected to have, at least 20% of their assets or revenue, committed to or derived from infrastructure that will facilitate global decarbonization and/or the reduction of other greenhouse gas emissions.

Grade (RS Rating)

Last Trade

$30.66

Average Daily Volume

13,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ATMP	NBCT
30 Days	11.66%	-0.15%
60 Days	14.58%	4.26%
90 Days	15.95%	11.35%
12 Months	44.48%	42.98%

5 Overlapping Holdings

Symbol	Grade	Weight in ATMP	Weight in NBCT	Overlap
EPD	A	7.8%	7.42%	7.42%
ET	A	3.94%	7.32%	3.94%
OKE	A	3.78%	2.12%	2.12%
PAGP	A	1.92%	2.9%	1.92%
WMB	A	3.89%	5.18%	3.89%

ATMP Overweight 6 Positions Relative to NBCT

Symbol	Grade	Weight
PAA	B	7.84%
KMI	A	4.34%
ENB	A	4.11%
TRP	A	3.97%
SE	A	3.74%
ENLC	A	0.78%

ATMP Underweight 18 Positions Relative to NBCT

Symbol	Grade	Weight
TRGP	A	-8.39%
LNG	A	-6.69%
WES	C	-5.07%
SRE	A	-4.25%
CNP	A	-3.96%
CWEN	C	-3.78%
DTM	A	-3.71%
AR	B	-3.69%
AM	A	-3.45%
KNTK	A	-3.27%
NEE	C	-3.16%
XOM	B	-2.93%
OXY	D	-2.86%
EQT	B	-2.29%
HESM	B	-1.93%
APD	A	-1.89%
DTE	C	-1.85%
LIN	C	-1.84%

ATMP: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Electronic Gaming & Multimedia