IXC vs. NBCT ETF Comparison

Comparison of iShares Global Energy ETF (IXC) to Neuberger Berman Carbon Transition Infrastructure ETF (NBCT)

IXC

iShares Global Energy ETF

IXC Description

The investment seeks to track the investment results of an index composed of global equities in the energy sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Energy Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), a subsidiary of McGraw Hill Financial, Inc., deems to be part of the energy sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.00

Average Daily Volume

378,868

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	IXC	NBCT
30 Days	4.57%	-0.15%
60 Days	4.60%	4.26%
90 Days	2.99%	11.35%
12 Months	12.86%	42.98%

6 Overlapping Holdings

Symbol	Grade	Weight in IXC	Weight in NBCT	Overlap
EQT	B	0.91%	2.29%	0.91%
OKE	A	2.32%	2.12%	2.12%
OXY	D	1.21%	2.86%	1.21%
TRGP	B	1.55%	8.39%	1.55%
WMB	A	2.49%	5.18%	2.49%
XOM	B	19.09%	2.93%	2.93%

IXC Overweight 16 Positions Relative to NBCT

Symbol	Grade	Weight
CVX	A	9.89%
COP	C	4.57%
EOG	A	2.76%
SLB	C	2.21%
PSX	C	1.98%
KMI	A	1.9%
MPC	D	1.9%
VLO	C	1.62%
BKR	B	1.54%
HES	B	1.45%
FANG	D	1.19%
HAL	C	0.94%
DVN	F	0.87%
CTRA	B	0.68%
MRO	B	0.58%
APA	D	0.3%

IXC Underweight 17 Positions Relative to NBCT

Symbol	Grade	Weight
EPD	A	-7.42%
ET	A	-7.32%
LNG	B	-6.69%
WES	C	-5.07%
SRE	A	-4.25%
CNP	B	-3.96%
CWEN	C	-3.78%
DTM	B	-3.71%
AR	B	-3.69%
AM	A	-3.45%
KNTK	B	-3.27%
NEE	D	-3.16%
PAGP	A	-2.9%
HESM	B	-1.93%
APD	A	-1.89%
DTE	C	-1.85%
LIN	D	-1.84%