VCLN vs. NBCT ETF Comparison

Comparison of Virtus Duff & Phelps Clean Energy ETF (VCLN) to Neuberger Berman Carbon Transition Infrastructure ETF (NBCT)

VCLN

Virtus Duff & Phelps Clean Energy ETF

VCLN Description

The investment seeks capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. The sub-adviser defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy; (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.64

Average Daily Volume

560

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBCT

Neuberger Berman Carbon Transition Infrastructure ETF

NBCT 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 the Managers consider to be those companies that have, or in the Portfolio Managers" view, are reasonably expected to have, at least 20% of their assets or revenue, committed to or derived from infrastructure that will facilitate global decarbonization and/or the reduction of other greenhouse gas emissions.

Grade (RS Rating)

Last Trade

$30.66

Average Daily Volume

13,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VCLN	NBCT
30 Days	-5.73%	-0.15%
60 Days	-9.02%	4.26%
90 Days	-5.54%	11.35%
12 Months	5.35%	42.98%

4 Overlapping Holdings

Symbol	Grade	Weight in VCLN	Weight in NBCT	Overlap
CWEN	C	2.56%	3.78%	2.56%
DTM	A	2.1%	3.71%	2.1%
LNG	A	1.06%	6.69%	1.06%
NEE	C	2.47%	3.16%	2.47%

VCLN Overweight 16 Positions Relative to NBCT

Symbol	Grade	Weight
FSLR	F	7.72%
ENPH	F	3.94%
BE	A	2.28%
XYL	D	1.75%
GEV	A	1.75%
SO	C	1.71%
AGX	B	1.66%
FLNC	C	1.63%
ABBV	F	1.55%
AES	F	1.33%
MP	C	1.33%
RUN	F	0.92%
NVT	C	0.91%
CEG	C	0.89%
HUBB	B	0.86%
PLUG	F	0.52%

VCLN Underweight 19 Positions Relative to NBCT

Symbol	Grade	Weight
TRGP	A	-8.39%
EPD	A	-7.42%
ET	A	-7.32%
WMB	A	-5.18%
WES	C	-5.07%
SRE	A	-4.25%
CNP	A	-3.96%
AR	B	-3.69%
AM	A	-3.45%
KNTK	A	-3.27%
XOM	B	-2.93%
PAGP	A	-2.9%
OXY	F	-2.86%
EQT	A	-2.29%
OKE	A	-2.12%
HESM	A	-1.93%
APD	A	-1.89%
DTE	C	-1.85%
LIN	D	-1.84%