RNEW vs. NBSM ETF Comparison

Comparison of VanEck Green Infrastructure ETF (RNEW) to Neuberger Berman Small-Mid Cap ETF (NBSM)

RNEW

VanEck Green Infrastructure ETF

RNEW Description

The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.65

Average Daily Volume

133

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$27.75

Average Daily Volume

11,547

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNEW	NBSM
30 Days	7.86%	5.91%
60 Days	1.22%	5.08%
90 Days	0.45%	6.00%
12 Months	14.52%

0 Overlapping Holdings

	Symbol	Grade	Weight in RNEW	Weight in NBSM	Overlap

RNEW Overweight 39 Positions Relative to NBSM

Symbol	Grade	Weight
TSLA	B	9.84%
LNG	B	6.99%
PWR	A	6.12%
RSG	A	5.75%
CLH	B	5.66%
WM	A	5.6%
ECL	D	5.24%
DCI	B	4.9%
RIVN	F	4.4%
BWA	D	4.19%
FSLR	F	3.35%
CWST	A	3.29%
IDA	A	3.21%
SWX	B	2.97%
ITRI	B	2.83%
BE	B	2.77%
LCID	F	2.64%
ORA	B	2.56%
ENPH	F	2.39%
NWE	B	1.82%
CWEN	C	1.22%
RUN	F	1.19%
NFE	D	0.98%
NEP	F	0.8%
PLUG	F	0.79%
SPH	B	0.61%
ARRY	C	0.52%
AMRC	F	0.49%
ERII	D	0.45%
REX	D	0.43%
SHLS	F	0.39%
GPRE	F	0.37%
AMPS	C	0.33%
CLNE	D	0.32%
MEG	F	0.32%
MNTK	F	0.31%
CHPT	F	0.25%
NOVA	F	0.24%
SES	F	0.05%

RNEW Underweight 46 Positions Relative to NBSM

Symbol	Grade	Weight
FICO	B	-4.27%
EXP	A	-3.88%
KEX	C	-3.67%
WSO	A	-3.19%
ITT	A	-3.11%
VMI	B	-3.11%
RYAN	B	-3.08%
ATR	B	-2.93%
RBC	A	-2.92%
HAE	C	-2.9%
TYL	B	-2.72%
CNX	A	-2.68%
TTEK	F	-2.46%
CHE	D	-2.41%
RLI	B	-2.33%
CBU	B	-2.21%
MKSI	C	-2.17%
TTC	D	-2.12%
CR	A	-2.09%
GGG	B	-2.04%
LFUS	F	-1.99%
LECO	B	-1.99%
TXRH	C	-1.94%
ENTG	D	-1.88%
CFR	B	-1.86%
TECH	D	-1.81%
NXST	C	-1.77%
LSCC	D	-1.77%
POWI	D	-1.59%
TDW	F	-1.59%
PB	A	-1.59%
TSCO	D	-1.59%
BSY	D	-1.54%
SPSC	C	-1.51%
CHD	B	-1.51%
LNT	A	-1.49%
ROL	B	-1.46%
SSD	D	-1.37%
ICLR	D	-1.21%
MANH	D	-1.16%
IBP	D	-1.15%
BFAM	D	-1.14%
FND	C	-1.09%
AWI	A	-1.04%
CNM	D	-0.99%
CVLT	B	-0.51%