NBCT vs. LNGZ ETF Comparison

Comparison of Neuberger Berman Carbon Transition Infrastructure ETF (NBCT) to Range Global LNG Ecosystem Index ETF (LNGZ)

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

LNGZ

Range Global LNG Ecosystem Index ETF

LNGZ Description

The fund normally invests in securities comprising the index. The index is designed to track the performance of companies that are involved in the liquefied natural gas ecosystem, particularly production, exploration, development, transportation, and distribution ("LNG Companies"). Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of LNG companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

528

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBCT	LNGZ
30 Days	-0.15%	7.48%
60 Days	4.26%	7.78%
90 Days	11.35%	6.26%
12 Months	42.98%

2 Overlapping Holdings

	Symbol	Grade	Weight in NBCT	Weight in LNGZ	Overlap
	LNG	A	6.69%	11.23%	6.69%
	XOM	B	2.93%	3.08%	2.93%

NBCT Overweight 21 Positions Relative to LNGZ

Symbol	Grade	Weight
TRGP	A	8.39%
EPD	A	7.42%
ET	A	7.32%
WMB	A	5.18%
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%
PAGP	A	2.9%
OXY	D	2.86%
EQT	B	2.29%
OKE	A	2.12%
HESM	B	1.93%
APD	A	1.89%
DTE	C	1.85%
LIN	C	1.84%

NBCT Underweight 9 Positions Relative to LNGZ

Symbol	Grade	Weight
GLNG	C	-8.33%
EE	A	-6.54%
NFE	D	-4.21%
NEXT	C	-4.03%
BKR	A	-3.7%
CVX	A	-3.14%
FLNG	C	-2.87%
ASPN	F	-1.89%
DLNG	B	-1.05%