NBCT vs. GPOW ETF Comparison

Comparison of Neuberger Berman Carbon Transition Infrastructure ETF (NBCT) to Goldman Sachs North American Pipelines & Power Equity ETF (GPOW)
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 *

23

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

Goldman Sachs North American Pipelines & Power Equity ETF

GPOW Description The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to equity securities of U.S. and Canadian listed companies, including companies structured as master limited partnerships, operating in the pipelines and power universe. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.76

Average Daily Volume

1,342

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period NBCT GPOW
30 Days -0.15% 10.14%
60 Days 4.26% 12.29%
90 Days 11.35% 16.25%
12 Months 42.98% 42.12%
13 Overlapping Holdings
Symbol Grade Weight in NBCT Weight in GPOW Overlap
AM A 3.31% 2.69% 2.69%
CWEN C 3.79% 0.9% 0.9%
DTM B 3.66% 1.83% 1.83%
EPD A 7.43% 3.04% 3.04%
ET A 7.53% 4.15% 4.15%
HESM B 1.92% 1.09% 1.09%
KNTK B 3.38% 0.41% 0.41%
LNG B 6.61% 6.2% 6.2%
OKE A 2.13% 8.33% 2.13%
PAGP A 2.92% 1.09% 1.09%
TRGP B 8.39% 7.79% 7.79%
WES C 5.02% 1.64% 1.64%
WMB A 5.14% 6.0% 5.14%
NBCT Overweight 10 Positions Relative to GPOW
Symbol Grade Weight
SRE A 4.11%
CNP B 3.94%
AR B 3.76%
NEE D 3.13%
XOM B 2.81%
OXY D 2.78%
EQT B 2.33%
APD A 1.91%
DTE C 1.8%
LIN D 1.74%
NBCT Underweight 20 Positions Relative to GPOW
Symbol Grade Weight
KMI A -6.1%
ENLC A -1.97%
UGI A -1.94%
ORA B -1.89%
PAA B -1.79%
MPLX A -1.71%
CQP B -1.69%
WKC D -1.15%
NJR A -0.97%
AY B -0.89%
NEP F -0.74%
SUN B -0.73%
NEXT B -0.49%
NFE D -0.41%
CLNE D -0.33%
EE A -0.21%
GLP A -0.19%
NGL D -0.15%
DKL C -0.14%
SPH B -0.12%
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