NBET vs. XLE ETF Comparison
Comparison of Neuberger Berman Energy Transition & Infrastructure ETF (NBET) to SPDR Select Sector Fund - Energy Select Sector (XLE)
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
$34.31
Average Daily Volume
1,641
23
XLE
SPDR Select Sector Fund - Energy Select Sector
XLE Description
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$97.12
Average Daily Volume
14,046,412
22
Performance
| Period | NBET | XLE |
|---|---|---|
| 30 Days | 7.58% | |
| 60 Days | 10.32% | |
| 90 Days | 8.33% | |
| 12 Months | 18.78% |
NBET: Top Represented Industries & Keywords
XLE: Top Represented Industries & Keywords
Compare ETFs
