NBET vs. ATMP ETF Comparison
Comparison of Neuberger Berman Energy Transition & Infrastructure ETF (NBET) to Barclays ETN Plus Select MLP (ATMP)
NBET
Neuberger Berman Energy Transition & Infrastructure ETF
NBET 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 manager considers to be those companies operating energy infrastructure assets such as pipelines or renewable energy production, utilities, publicly-traded master limited partnerships or limited liability companies taxed as partnerships, MLPs that are taxed as C-corporations, MLP affiliates.
Grade (RS Rating)
Last Trade
$34.32
Average Daily Volume
1,829
23
ATMP
Barclays ETN Plus Select MLP
ATMP Description
ATMP is an ETN tracking a dynamic index of US and Canadian MLPs. The fund offers a concentrated basket that can include as few as 20 firms or as many as 100. ATMP takes an alternative approach to selection, as it includes both general partnerships shares and traditional limited partnerships shares. Only companies traded on major US stock exchanges can be included in the portfolio and MLPs are also screened based on factors like long-term credit ratings and cash flows generated from midstream oil & gas activities. Additionally, the index is modified market-cap-weighted and caps limited partnerships weights at 8% and general partnerships shares at 4%. The index is reconstituted and rebalanced quarterly.Grade (RS Rating)
Last Trade
$29.98
Average Daily Volume
31,634
11
Performance
Period | NBET | ATMP |
---|---|---|
30 Days | 12.37% | |
60 Days | 13.62% | |
90 Days | 16.69% | |
12 Months | 45.40% |
NBET: Top Represented Industries & Keywords
ATMP: Top Represented Industries & Keywords