WEEI vs. NBCT ETF Comparison

Comparison of Westwood Salient Enhanced Energy Income ETF (WEEI) to Neuberger Berman Carbon Transition Infrastructure ETF (NBCT)

WEEI

Westwood Salient Enhanced Energy Income ETF

WEEI Description

The fund is an actively managed ETF that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream North American corporations and Midstream U.S. master limited partnerships ("MLPs") (collectively, "Midstream Investments"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.33

Average Daily Volume

1,781

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	WEEI	NBCT
30 Days	6.06%	-0.15%
60 Days	7.02%	4.26%
90 Days	5.41%	11.35%
12 Months		42.98%

6 Overlapping Holdings

Symbol	Grade	Weight in WEEI	Weight in NBCT	Overlap
EQT	B	1.89%	2.33%	1.89%
OKE	A	4.6%	2.13%	2.13%
OXY	D	3.01%	2.78%	2.78%
TRGP	B	2.94%	8.39%	2.94%
WMB	A	4.81%	5.14%	4.81%
XOM	B	20.74%	2.81%	2.81%

WEEI Overweight 16 Positions Relative to NBCT

Symbol	Grade	Weight
CVX	A	16.3%
COP	C	6.62%
EOG	A	5.0%
SLB	C	4.73%
MPC	D	3.98%
PSX	C	3.9%
KMI	A	3.74%
FANG	D	3.62%
HES	B	3.24%
VLO	C	3.23%
BKR	B	3.05%
HAL	C	1.93%
DVN	F	1.79%
CTRA	B	1.39%
MRO	B	1.07%
APA	D	0.74%

WEEI Underweight 17 Positions Relative to NBCT

Symbol	Grade	Weight
ET	A	-7.53%
EPD	A	-7.43%
LNG	B	-6.61%
WES	C	-5.02%
SRE	A	-4.11%
CNP	B	-3.94%
CWEN	C	-3.79%
AR	B	-3.76%
DTM	B	-3.66%
KNTK	B	-3.38%
AM	A	-3.31%
NEE	D	-3.13%
PAGP	A	-2.92%
HESM	B	-1.92%
APD	A	-1.91%
DTE	C	-1.8%
LIN	D	-1.74%