NBCT vs. IGF ETF Comparison

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

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

$27.96

Average Daily Volume

866

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IGF

iShares Global Infrastructure ETF

IGF Description

The investment seeks to track the investment results of an index composed of developed market equities in the infrastructure industry. 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 Infrastructure IndexTM (the "underlying index"), which is designed to track performance of the stocks of large infrastructure companies in developed markets, or whose stocks are listed on developed market exchanges around the world.

Grade (RS Rating)

Last Trade

$50.04

Average Daily Volume

341,073

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBCT	IGF
30 Days	6.79%	7.96%
60 Days	8.22%	7.87%
90 Days	17.61%	13.47%
12 Months	15.28%	6.08%

9 Overlapping Holdings

Symbol	Grade	Weight in NBCT	Weight in IGF	Overlap
CEG	B	5.27%	2.68%	2.68%
D	A	2.16%	1.72%	1.72%
DTM	A	1.56%	0.33%	0.33%
DUK	A	1.16%	3.09%	1.16%
EXC	B	1.09%	1.49%	1.09%
LNG	F	3.57%	1.97%	1.97%
NEE	A	3.83%	5.69%	3.83%
SRE	A	1.64%	1.87%	1.64%
WMB	A	3.01%	2.52%	2.52%

NBCT Overweight 20 Positions Relative to IGF

Symbol	Grade	Weight
ETN	B	5.72%
LIN	D	5.41%
ABBV	D	5.0%
PWR	B	3.78%
HUBB	C	3.69%
ITRI	B	3.52%
FSLR	B	3.5%
WCN	D	3.19%
GEV	D	2.3%
J	D	1.96%
CNP	B	1.79%
ORA	B	1.57%
GNRC	B	1.51%
FE	A	1.42%
APD	C	1.39%
NEP	C	1.18%
GTLS	B	1.16%
AY	B	1.15%
JCI	B	0.79%
SHW	D	0.75%

NBCT Underweight 23 Positions Relative to IGF

Symbol	Grade	Weight
PAC	B	-3.38%
SO	A	-3.32%
ASR	A	-2.87%
OKE	A	-2.44%
KMI	A	-1.92%
AEP	A	-1.86%
PCG	B	-1.49%
PEG	A	-1.43%
OMAB	B	-1.38%
ED	A	-1.32%
TRGP	C	-1.32%
XEL	C	-1.19%
EIX	A	-1.12%
WEC	B	-1.05%
AWK	B	-1.02%
ETRN	C	-0.31%
EBR	F	-0.3%
AM	A	-0.25%
CAAP	A	-0.24%
SBS	D	-0.2%
UGP	F	-0.18%
CIG	C	-0.15%
ELP	F	-0.07%