NBET vs. GPOW ETF Comparison

Comparison of Neuberger Berman Energy Transition & Infrastructure ETF (NBET) to Goldman Sachs North American Pipelines & Power Equity ETF (GPOW)
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

$34.14

Average Daily Volume

1,816

Number of Holdings *

23

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

Goldman Sachs North American Pipelines & Power Equity ETF

GPOW Description The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to equity securities of U.S. and Canadian listed companies, including companies structured as master limited partnerships, operating in the pipelines and power universe. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.16

Average Daily Volume

1,375

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period NBET GPOW
30 Days 9.33%
60 Days 12.32%
90 Days 15.03%
12 Months 39.54%
13 Overlapping Holdings
Symbol Grade Weight in NBET Weight in GPOW Overlap
AM A 3.31% 2.69% 2.69%
CWEN C 3.79% 0.9% 0.9%
DTM B 3.66% 1.83% 1.83%
EPD A 7.43% 3.04% 3.04%
ET A 7.53% 4.15% 4.15%
HESM A 1.92% 1.09% 1.09%
KNTK C 3.38% 0.41% 0.41%
LNG A 6.61% 6.2% 6.2%
OKE B 2.13% 8.33% 2.13%
PAGP B 2.92% 1.09% 1.09%
TRGP B 8.39% 7.79% 7.79%
WES B 5.02% 1.64% 1.64%
WMB B 5.14% 6.0% 5.14%
NBET Overweight 10 Positions Relative to GPOW
Symbol Grade Weight
SRE B 4.11%
CNP A 3.94%
AR B 3.76%
NEE D 3.13%
XOM C 2.81%
OXY F 2.78%
EQT B 2.33%
APD A 1.91%
DTE C 1.8%
LIN D 1.74%
NBET Underweight 20 Positions Relative to GPOW
Symbol Grade Weight
KMI B -6.1%
ENLC B -1.97%
UGI A -1.94%
ORA B -1.89%
PAA B -1.79%
MPLX A -1.71%
CQP B -1.69%
WKC D -1.15%
NJR B -0.97%
AY B -0.89%
NEP F -0.74%
SUN B -0.73%
NEXT C -0.49%
NFE D -0.41%
CLNE D -0.33%
EE B -0.21%
GLP A -0.19%
NGL C -0.15%
DKL C -0.14%
SPH B -0.12%
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