NBCT vs. RSPU ETF Comparison

Comparison of Neuberger Berman Carbon Transition Infrastructure ETF (NBCT) to Invesco S&P 500 Equal Weight Utilities ETF (RSPU)

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

RSPU

Invesco S&P 500 Equal Weight Utilities ETF

RSPU Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Utilities Plus Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the utilities sector, as defined according to the Global Industry Classification Standard (GICS).

Grade (RS Rating)

Last Trade

$70.75

Average Daily Volume

33,601

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBCT	RSPU
30 Days	-0.15%	3.07%
60 Days	4.26%	4.94%
90 Days	11.35%	10.73%
12 Months	42.98%	34.40%

4 Overlapping Holdings

Symbol	Grade	Weight in NBCT	Weight in RSPU	Overlap
CNP	A	3.96%	3.47%	3.47%
DTE	C	1.85%	2.97%	1.85%
NEE	C	3.16%	2.8%	2.8%
SRE	A	4.25%	3.48%	3.48%

NBCT Overweight 19 Positions Relative to RSPU

Symbol	Grade	Weight
TRGP	A	8.39%
EPD	A	7.42%
ET	A	7.32%
LNG	A	6.69%
WMB	A	5.18%
WES	C	5.07%
CWEN	C	3.78%
DTM	A	3.71%
AR	B	3.69%
AM	A	3.45%
KNTK	A	3.27%
XOM	B	2.93%
PAGP	A	2.9%
OXY	D	2.86%
EQT	B	2.29%
OKE	A	2.12%
HESM	B	1.93%
APD	A	1.89%
LIN	C	1.84%

NBCT Underweight 27 Positions Relative to RSPU

Symbol	Grade	Weight
VST	A	-5.33%
ETR	B	-3.65%
CEG	C	-3.65%
NRG	B	-3.58%
AEE	A	-3.42%
XEL	A	-3.41%
NI	A	-3.36%
ATO	A	-3.34%
PCG	A	-3.31%
PEG	A	-3.3%
EVRG	A	-3.25%
PPL	A	-3.25%
WEC	A	-3.22%
LNT	A	-3.22%
PNW	A	-3.14%
D	C	-3.08%
EIX	B	-3.06%
SO	C	-3.06%
CMS	C	-3.04%
EXC	C	-3.03%
DUK	C	-3.01%
FE	C	-2.91%
AEP	C	-2.88%
ED	C	-2.87%
AWK	C	-2.87%
ES	C	-2.84%
AES	F	-2.3%