FUTY vs. NBET ETF Comparison

Comparison of Fidelity MSCI Utilities Index ETF (FUTY) to Neuberger Berman Energy Transition & Infrastructure ETF (NBET)
FUTY

Fidelity MSCI Utilities Index ETF

FUTY Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Utilities Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Utilities Index, which represents the performance of the utilities sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Utilities Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.63

Average Daily Volume

290,483

Number of Holdings *

67

* may have additional holdings in another (foreign) market
NBET

Neuberger Berman Energy Transition & Infrastructure ETF

NBET 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 manager considers to be those companies operating energy infrastructure assets such as pipelines or renewable energy production, utilities, publicly-traded master limited partnerships or limited liability companies taxed as partnerships, MLPs that are taxed as C-corporations, MLP affiliates.

Grade (RS Rating)

Last Trade

$34.31

Average Daily Volume

1,641

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period FUTY NBET
30 Days 0.88%
60 Days 2.97%
90 Days 9.09%
12 Months 35.66%
6 Overlapping Holdings
Symbol Grade Weight in FUTY Weight in NBET Overlap
CNP A 1.47% 3.89% 1.47%
CWEN C 0.17% 3.86% 0.17%
CWEN C 0.07% 3.86% 0.07%
DTE C 1.89% 1.83% 1.83%
NEE C 11.85% 3.19% 3.19%
SRE A 4.39% 4.15% 4.15%
FUTY Overweight 61 Positions Relative to NBET
Symbol Grade Weight
SO C 7.27%
DUK C 6.55%
CEG C 5.45%
AEP C 3.79%
VST A 3.69%
D C 3.61%
PEG A 3.32%
PCG A 3.27%
XEL A 2.93%
EXC C 2.92%
ED C 2.52%
EIX B 2.42%
ETR B 2.41%
WEC A 2.33%
AWK C 1.97%
PPL A 1.88%
AEE A 1.83%
FE C 1.71%
ATO A 1.67%
ES C 1.66%
CMS C 1.54%
NRG B 1.46%
NI A 1.24%
LNT A 1.17%
EVRG A 1.11%
PNW A 0.79%
WTRG B 0.76%
AES F 0.76%
OGE A 0.64%
IDA A 0.45%
NFG A 0.4%
UGI C 0.37%
NJR A 0.36%
POR C 0.36%
ORA B 0.33%
BKH A 0.33%
SWX B 0.33%
OGS A 0.32%
PNM B 0.3%
ALE A 0.29%
SR A 0.29%
MGEE B 0.29%
MDU D 0.27%
NWE B 0.26%
AWR B 0.24%
OTTR C 0.23%
CPK A 0.22%
CWT C 0.22%
AVA A 0.22%
SJW F 0.13%
NWN A 0.12%
NEP F 0.12%
HE C 0.12%
MSEX C 0.09%
UTL B 0.07%
OKLO B 0.06%
YORW F 0.04%
NOVA F 0.03%
GNE F 0.02%
MNTK F 0.02%
AMPS C 0.02%
FUTY Underweight 18 Positions Relative to NBET
Symbol Grade Weight
TRGP A -8.23%
EPD A -7.48%
ET A -7.34%
LNG A -6.56%
WES C -5.26%
WMB A -5.06%
DTM A -3.68%
AR B -3.58%
AM A -3.36%
KNTK A -3.31%
PAGP A -2.94%
XOM B -2.92%
OXY D -2.87%
EQT B -2.23%
OKE A -2.11%
HESM B -1.95%
APD A -1.91%
LIN C -1.82%
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