ACES vs. NBET ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Neuberger Berman Energy Transition & Infrastructure ETF (NBET)
ACES

ALPS Clean Energy ETF

ACES Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

127,231

Number of Holdings *

28

* may have additional holdings in another (foreign) market
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

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period ACES NBET
30 Days -0.58%
60 Days -5.68%
90 Days -7.61%
12 Months -9.81%
1 Overlapping Holdings
Symbol Grade Weight in ACES Weight in NBET Overlap
CWEN C 2.81% 3.86% 2.81%
ACES Overweight 27 Positions Relative to NBET
Symbol Grade Weight
TSLA B 8.0%
ALB C 7.04%
ITRI B 5.96%
DAR C 5.56%
ORA B 5.46%
FSLR F 4.33%
HASI D 4.02%
RIVN F 3.76%
ENPH F 2.9%
RUN F 2.7%
LCID F 2.27%
PLUG F 2.02%
ANDE D 1.88%
NEP F 1.86%
FLNC C 1.61%
AMSC B 1.53%
ASPN F 1.28%
ARRY C 1.12%
AMRC F 1.02%
WOLF F 0.99%
SHLS F 0.91%
REX D 0.86%
GPRE F 0.85%
EOSE D 0.65%
NOVA F 0.65%
CLNE D 0.55%
CHPT F 0.54%
ACES Underweight 22 Positions Relative to NBET
Symbol Grade Weight
TRGP B -8.23%
EPD A -7.48%
ET A -7.34%
LNG B -6.56%
WES C -5.26%
WMB A -5.06%
SRE A -4.15%
CNP B -3.89%
DTM B -3.68%
AR B -3.58%
AM A -3.36%
KNTK B -3.31%
NEE D -3.19%
PAGP A -2.94%
XOM B -2.92%
OXY D -2.87%
EQT B -2.23%
OKE A -2.11%
HESM B -1.95%
APD A -1.91%
DTE C -1.83%
LIN D -1.82%
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