NBCT vs. SMOG ETF Comparison

Comparison of Neuberger Berman Carbon Transition Infrastructure ETF (NBCT) to VanEck Vectors Low Carbon Energy ETF (SMOG)
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

$30.78

Average Daily Volume

1,331

Number of Holdings *

29

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

VanEck Vectors Low Carbon Energy ETF

SMOG Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$113.15

Average Daily Volume

2,081

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period NBCT SMOG
30 Days 6.17% 11.78%
60 Days 9.97% 10.53%
90 Days 12.46% 17.57%
12 Months 36.64% 10.44%
4 Overlapping Holdings
Symbol Grade Weight in NBCT Weight in SMOG Overlap
AY B 1.03% 0.34% 0.34%
FSLR C 3.87% 3.76% 3.76%
NEE B 4.03% 9.08% 4.03%
ORA B 1.57% 0.64% 0.64%
NBCT Overweight 25 Positions Relative to SMOG
Symbol Grade Weight
CEG C 5.77%
LIN B 5.38%
ABBV B 5.18%
ETN C 4.77%
PWR B 3.8%
HUBB B 3.67%
LNG D 3.44%
GEV B 3.25%
ITRI C 3.15%
WMB C 3.03%
WCN D 2.55%
D C 2.09%
RSG D 1.86%
J A 1.81%
DTM C 1.7%
SRE B 1.6%
GNRC D 1.55%
CNP C 1.53%
SHW B 1.42%
FE B 1.37%
DUK B 1.16%
EXC B 1.0%
NEP C 0.95%
JCI B 0.86%
GTLS F 0.86%
NBCT Underweight 25 Positions Relative to SMOG
Symbol Grade Weight
TSLA C -9.92%
LI D -2.84%
ENPH D -2.77%
OC C -2.62%
EBR D -2.21%
RIVN F -1.86%
NIO C -1.76%
XPEV C -1.34%
IBP C -1.01%
BMI B -0.93%
LCID C -0.81%
CIG B -0.73%
ENS C -0.72%
RUN D -0.64%
HASI C -0.59%
TAC B -0.5%
QS F -0.48%
ELP D -0.39%
BE F -0.32%
PLUG F -0.31%
SEDG F -0.23%
DQ D -0.19%
ARRY F -0.17%
JKS C -0.16%
CSIQ D -0.11%
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