Neuberger Berman Energy Transition & Infrastructure ETF
$41.49+0.39 (+0.94%)
- 2.10%
- $53M
- +33.6%
- 2.44%
- 0M sh
- $40.65
- low $31.34high $43.14
The ETF.net NBET Grade
D
Score 30 out of 100
- 28 of 34
Score 30 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 34 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 7 of 34Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 18 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D29 out of 100Rank 28 of 32Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 18 of 34
Our read on NBET
DA concentrated global take on the energy transition build-out: grids, utilities, industrial materials, telecom networks and the real assets underneath them, roughly 30 names deep. A distinctive mandate carrying a premium price tag.
The Fund seeks exposure to equity securities of energy transition and infrastructure companies. Its mandate covers infrastructure assets and services across energy, utilities, industrial materials, real estate facilities, and telecommunications networks.
Why people hold it
- The mandate is wider than the label suggests: energy, utilities, industrial materials, real estate facilities and telecom networks all count as transition infrastructure.
- Roughly 30 holdings spanning US and international markets, so individual names carry real weight instead of being diluted inside a sprawling index basket.
- Trading since 2022, so there is a multi-year live record to inspect rather than a backtest, and the fund distributes quarterly.
Worth knowing
- Cost is the headline trade-off: 2.10% a year, versus index rivals in the same lane like IGF at 0.37% and IFRA at 0.30%.
- A small fund that trades thinly, so bid-ask spreads and order size matter more here than with the category's heavyweights.
- About 30 stocks tied to a single policy-sensitive theme: swings in that theme land harder than they would in a broad infrastructure basket.
NBET Holdings
- Stocks
- 33
- 60%
- TRGP
Sectors
- Energy91.0%
- Utilities7.1%
- Industrials1.9%
Geography
- United States97.44%
- Canada2.56%
NBET Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
NBET$13,361
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NBET |
|---|---|
| Year to date | +28.5% |
| 1 month | −2.3% |
| 3 months | +4.7% |
| 1 year | +33.6% |
| 3 years | +26.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NBET |
|---|---|---|
| 2026 YTD | +28.5% | |
| 2025 | +5.9% | |
| 2024 | +30.4% | |
| 2023 | +7.5% | |
| 2022 | −6.1% |
NBET in the news
NBET Dividends
- 2.44%
- $1.00
- $0.31 per share
- Quarterly
Distribution history
NBET Risk
- 18.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.59
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NBET Cost
2.10%
NBET2.10%
- The middle half of Infrastructure funds
- Median 0.55%
Every other Infrastructure fund charges less.
Other funds in Infrastructure
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- DGLIXLazard Listed Infrastructure ETFExpense ratio 0.96%1 year return +7.0%
- DTPZTortoise Electrification Infrastructure ETFExpense ratio 0.85%1 year return +2.2%
- DNFRXHarrison Street Infrastructure Active ETFExpense ratio 0.85%1 year return —
- DOBORKraneShares MSCI One Belt One Road Index ETFExpense ratio 0.79%1 year return +6.6%