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
23
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
33
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 Underweight 20 Positions Relative to GPOW
NBET: Top Represented Industries & Keywords
GPOW: Top Represented Industries & Keywords