Neuberger Berman Energy Transition & Infrastructure ETFNBET

Neuberger BermanThematicInfrastructure#27 of 189 by YTD

$38.91

+0.1% last session

+21.6% YTD

Data as of 11/6/20264:00 PM ET · End-of-day

Dividend-adjusted return from the previous close · S&P 500 uses VOONBETS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	−4.5%	−3.4%	+21.6%	+24.7%	+95.2%	—	+69.3%
Peer average	−0.1%	−0.6%	−4.7%	+10.0%	+10.6%	+66.1%	+70.5%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

Key Statistics

Open all fund facts →

AUM: $54M
Expense ratio: 2.10%
Distribution yield: 2.6%
NAV: $40.22
Volume: 18K
Avg. volume 30D: 9K
High today: $39.13
Low today: $38.88
Previous close: $38.88
52-week high: $43.63
52-week low: $31.73
Our risk indicator: 4/5

NBET in One Breath

NBET Among Infrastructure ETFs

YTD

#1NBETNeuberger Berman+21.6%$54.3M

#2ENFRALPS+19.5%$511M

#3PIPEInvesco+19.1%$62.5M

#4IDGTiShares+18.5%$435M

#5DTCRGlobal X+18.3%$1.9B

#6MLPXGlobal X+17.9%$3.6B

#7USAIPacer+16.9%$119M

#8EMLPFirst Trust+16.1%$4.2B

#9USNGAmplify+15.6%$9.3M

End-of-day Nov 6, 2026 · 30 Infrastructure ETFs by YTD

$10,000 in NBET

$10,000 in NBET became

$16,932

In the S&P 500 (VOO)

$17,454

Total return, dividends in · Apr 7, 2022 – Nov 6, 2026 · S&P 500 uses VOO

NBET’s Top Holdings

Today

TRGPTarga Resources9.3%EPD7.7%ET7.4%LNG6.5%DTM5.8%COP5.2%CVX4.8%CWEN4.6%WMB4.3%WES3.9%AR3.6%AM3.6%XOM3.3%SUNC3.1%OXY3.1%SEI2.7%PAGP2.1%SRE2.0%WSO2.0%TDW1.7%TOU.TO1.6%CNP8 more

TRGPTarga Resources9.3%EPD7.7%ET7.4%LNG6.5%DTM5.8%COP5.2%CVX4.8%CWEN4.6%WMB4.3%WES3.9%AR AM18 more

Oil & Gas MidstreamOilOil & Gas IntegratedRenewable UtilitiesOilDiversified UtilitiesOther

Neuberger Berman NBET · 30 holdings · tile size = share of the fund · as of Nov 6, 2026

What NBET Holds

Today

Oil & Gas Midstream59.3%

TRGP 9.3 · EPD 7.7 · ET 7.4 · LNG 6.5 · DTM 5.8 · WMB 4.3 · WES 3.9

Oil & Gas Exploration & Production15.7%

COP 5.2 · AR 3.6 · OXY 3.1 · TOU.TO 1.6 · EQT 1.4 · EXE

Oil & Gas Integrated8.1%

CVX 4.8 · XOM 3.3

Renewable Utilities4.6%

CWEN 4.6

Oil & Gas Equipment & Services4.5%

SEI 2.7 · TDW 1.7

Diversified Utilities2.0%

SRE 2.0

Industrial - Distribution2.0%

WSO 2.0

Neuberger Berman NBET · share of the fund by industry · as of Nov 6, 2026

Targa’s Share of NBET

Today

9.3%

$93 of every $1,000 in NBET is Targa

Targa held by NBET

$5.0M

Most Targa per dollar

NBET9.3%

TPZ8.8%

PIPE8.7%

TNGY8.3%

Neuberger Berman NBET · each square = $10 of $1,000 · as of Nov 6, 2026

NBET’s Share of Infrastructure ETFs

Today

0.1%

of the $57.1B in 39 Infrastructure ETFs

NBET$54.3M0.1%

PAVE$14.0B24.4%

GRID$11.0B19.3%

36 others$32.1B56.2%

Infrastructure ETF AUM · Nov 6, 2026

NBET Fee per $100 vs Peers

Today

$2.10a year
per $100

$210 a year on $10,000

IFRA$0.30

IGF$0.37

PAVE$0.47

GRID$0.56

EMLP$0.95

NBET$2.10

Expense ratio · Infrastructure peers · Nov 6, 2026

Inside NBET

30 holdings · as of Nov 6, 2026

NBET

Neuberger Berman Energy Transition & Infrastructure ETF

Today

Oil59.3%TRGP9.3%EPD7.7%ET7.4%LNG6.5%DTM5.8%WMB4.3%WES3.9%AM3.6%SUNC3.1%PAGPMPLXKNTKPPL.TOOKEOil15.7%COP5.2%AR3.6%OXY3.1%TOU.TOEQTEXEOil8.1%CVX4.8%XOM3.3%Renewable Utilities4.6%CWEN4.6%Oil4.5%SEI2.7%TDWDiversified Utilities2.0%SREIndustrial - Distribution2.0%WSOCNP

Oil59.3%TRGP9.3%EPD7.7%ET7.4%LNG6.5%DTM5.8%WMB4.3%9 more holdings18.4% of the fundOil15.7%COP5.2%AR OXYTOU.TOEQTOil8.1%CVX4.8%XOMRenewable Utilities4.6%CWENOil4.5%SEITDWSREWSOCNP

#	Ticker	Company	Weight ▼
1	TRGP	Targa Resources	9.28%
2	EPD	Enterprise Products Partners MLP	7.68%
3	ET	Energy Transfer LP MLP	7.35%
4	LNG	Cheniere Energy	6.53%
5	DTM	DT Midstream	5.75%
6	COP	Conocophillips	5.18%
7	CVX	Chevron	4.79%
8	CWEN	Clearway Energy C	4.59%
9	WMB	Williams COS	4.32%
10	WES	Western Midstream Partners L MLP	3.93%

See all 34 holdings ↓

OilOilOilRenewable UtilitiesOilDiversified UtilitiesIndustrial - DistributionRegulated ElectricOilOther

Neuberger Berman NBET · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 86.5%

All NBET Holdings

34 holdings · as of Nov 6, 2026

NBET

NBET’s Holdings

Today

#
1	TRGPTarga Resources	Energy	9.28%	$928.33	18K	$4.9M
2	EPDEnterprise Products Partners MLP	Energy	7.68%	$767.92	110K	$4.0M
3	ETEnergy Transfer LP MLP	Energy	7.35%	$735.10	208K	$3.9M
4	LNGCheniere Energy	Energy	6.53%	$653.26	12K	$3.4M
5	DTMDT Midstream	Energy	5.75%	$575.12	27K	$3.0M
6	COPConocophillips	Energy	5.18%	$517.53	20K	$2.7M
7	CVXChevron	Energy	4.79%	$478.52	12K	$2.5M
8	CWENClearway Energy C	Utilities	4.59%	$458.98	70K	$2.4M
9	WMBWilliams COS	Energy	4.32%	$431.92	35K	$2.3M
10	WESWestern Midstream Partners L MLP	Energy	3.93%	$392.87	52K	$2.1M
11	ARAntero Resources	Energy	3.57%	$356.66	51K	$1.9M
12	AMAntero Midstream	Energy	3.55%	$355.02	97K	$1.9M
13	XOMExxonmobil	Energy	3.33%	$333.37	11K	$1.7M
14	SUNCSunococorp LLC	Energy	3.07%	$306.98	27K	$1.6M
15	OXYOccidental Petroleum	Energy	3.07%	$306.62	29K	$1.6M

Neuberger Berman NBET · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

NBET

Neuberger Berman Energy Transition & Infrastructure ETF’s Peers

YTD


PAVE	Global XRead Desk	0.47%	+7.2%	+7.7%	$14.0B
GRID	First TrustRead Desk	0.56%	+1.4%	−1.0%	$11.0B
IGF	iSharesRead Desk	0.37%	+7.6%	+9.4%	$10.8B
EMLP	First TrustRead Desk	0.95%	+16.1%	+17.7%	$4.2B
IFRA	iSharesRead Desk	0.30%	+7.6%	+8.5%	$3.9B
NBET	Neuberger BermanThis fundRead Desk	2.10%	+21.6%	+24.7%	$54M

Infrastructure peers · YTD and past-year returns · as of Nov 7, 2026 · sorted by AUM

Head to Head

Put NBET head to head with PAVE →

PAVE vs NBET

YTD

PAVEGlobal X · InfrastructureNBETNeuberger Berman · Infrastructure

Year to date

+7.2%

+21.6%

NBET wins+14.4 pts

Past year

+7.7%

+24.7%

NBET wins+17.0 pts

Fee

0.47%

2.10%

PAVE winslower fee

Yield

0.8%

2.6%

NBET wins+1.7 pts

AUM

$14.0B

$54.3M

PAVE257.0× more

3–1NBET wins

Global X PAVE and Neuberger Berman NBET · year-to-date · as of Nov 7, 2026 · AUM not scored

Infrastructure vs Thematic

Average · YTD

PAVE

+7.2%

NBET

+21.6%

Thematic average

+3.5%

PAVE, NBET and the average thematic ETF · YTD return · as of Nov 7, 2026

NBET vs VOO

YTD

NBET · Neuberger Berman Energy Transition & Infrastructure

+21.6%

VOO · S&P 500

+8.7%

Gap

12.8 pts

Neuberger Berman NBET and Vanguard VOO · YTD total return · as of Nov 7, 2026

NBET vs Its Peer Average

YTD

NBETAvsBPeer average

1D+0.1%−0.1%

1M−4.5%−0.6%

3M−3.4%−4.7%

YTD+21.6%+10.0%

1Y+24.7%+10.6%

3Y+95.2%+66.1%

5Y[…]+70.5%

5–1NBET wins

38 Infrastructure peers · each row scaled to its leader

The Details

NBET

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y17.02%

Deepest drop · 1Y−10.5%

Lowest point · 5Y−17.1%

52-week range

$38.91

$31.73−10.8% from the high$43.63

Neuberger Berman NBET · past-year price moves · as of Nov 7, 2026

NBET

Fund Facts

Today

2022launched Apr 6

Tracks[…]

Exchange · CUSIPAMEX · 64135A101

StructureETF

Leverage1x

Cost on $10,000$210 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Neuberger Berman NBET · fund facts · as of Nov 7, 2026

NBET

Payouts by Year

$0.31per share, Sep 2026

Distribution yield2.6%

PaidEvery quarter

Latest ex-date · paidSep 23 · Sep 28, 2026

10 payouts added up$3.05 a share

Neuberger Berman NBET · distributions by ex-date · 2022–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$40.22

Premium / discount[…]

Median spread · 30D[…]

Volume today18K

Average volume · 30D9K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio2.10%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$210.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 23, 2026	Sep 28, 2026	$0.31
Jun 23, 2026	Jun 26, 2026	$0.30
Mar 20, 2026	Mar 25, 2026	$0.27
Dec 18, 2025	Dec 23, 2025	$0.13
Sep 23, 2025	Sep 26, 2025	$0.28
Jun 23, 2025	Jun 26, 2025	$0.27
Mar 21, 2025	Mar 26, 2025	$0.21
Dec 18, 2024	Dec 23, 2024	$0.77
Dec 19, 2023	[…]	$0.31
Dec 16, 2022	[…]	$0.20

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