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NBETvsBESFETF Comparison

ETF 1

NBET

Neuberger Berman Carbon Transition & Infrastructure ETF

This fund is part of

Multiple Trends

+1.94%

Full NBET fund page

VS

ETF 2

BESF

Bastion Energy ETF

This fund is part of

US Energy

+0.03%

Full BESF fund page

Neuberger Berman Carbon Transition & Infrastructure ETF (NBET) belongs to the Multiple Trends segment. Bastion Energy ETF (BESF) is part of the US Energy segment. NBET's top 3 sector exposures are Energy, Utilities and Industrials. In contrast, BESF's top sector exposures are Energy, Utilities NBET is more expensive with a Total Expense Ratio (TER) of 2.56%, versus 0.8% for BESF. NBET is up 21.37% year-to-date (YTD) with +$6M in YTD flows. BESF performs worse with 18.02% YTD performance, and +$686K in YTD flows. Run a side-by-side ETF comparison of NBET and BESF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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NBET vs BESF performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/22/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NBET BESF	-2.81%-4.20%	+15.30%+10.40%	+21.37%+18.02%	+32.74%n/a	+72.23%n/a	n/an/a
Flows	NBET BESF	+$1M-	+$4M-$5M	+$6M+$686K	+$13M-	+$2M-	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NBET BESF	+15.15%+18.31%	+14.40%n/a	+17.41%n/a	n/an/a
Max drawdown	NBET BESF	-6.91%-9.88%	-6.91%n/a	-18.70%n/a	n/an/a
Max drawdown duration	NBET BESF	24d26d	24dn/a	226dn/a	n/an/a

Trading data

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	NBET	BESF
Last sale 4/24/2026 at 1:30 PM	$39.77	$39.36
Previous close 04/23/2026	$39.84	$39.66
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	NBET	BESF
Last price	$39.77	$39.36
1D performance	-0.18%	-0.74%
AuM	$40.41 M	$31.88 M
E/R	2.56%	0.8%

Characteristics

	NBET	BESF
Management strategy	Active	Active
Provider	Neuberger Berman	EA Series Trust
Benchmark	-	-
N° of holdings	25	19
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	April 6, 2022	June 4, 2025
ESG	Yes	No

More NBET data on Trackinsight

More BESF data on Trackinsight

Exposure

Countries

NBET

USA

72.68%

Other

27.32%

BESF

USA

87.5%

Other

12.5%

Sectors

NBET

Energy

64.83%

Utilities

8.6%

Other

26.56%

BESF

Energy

74.55%

Other

25.45%

Diversification

NBET

Total weight of top 15 holdings out of 15

61.35%

BESF

Total weight of top 15 holdings out of 15

71.38%

Top 15 holdings

Data as of March 31, 2026

NBET

TARGA RESOURCS

8.86%

CHENIERE ENERGY

6.27%

DT MIDSTREAM INC

5.57%

WILLIAMS

5.21%

ANTERO MIDSTREAM CORPORATION

3.99%

CLEARWAY ENERGY INC

3.97%

ANTERO RESOURCES

3.94%

OCCIDENTAL U

3.35%

CHEVRON TEXACO

3.24%

EXXON

3.24%

SEMPRA ENERGY

3.09%

PLAINS GP HOLDINGS

2.85%

KINETIK HOLDINGS INC

2.70%

CALIFORNIA RESOURCES

2.56%

EQT

2.52%

BESF

NEXTDECADE CORPORATION

8.53%

CHENIERE ENERGY

6.32%

ENTERPRISE PRODUCTS PARTNERS UNT

5.06%

ONEOK

5.03%

ANTERO RESOURCES

4.96%

WILLIAMS

4.87%

EQT

4.64%

SEMPRA ENERGY

4.59%

US92333F1012

4.21%

EOG RESOURCES

4.08%

KINETIK HOLDINGS INC

4.02%

PROPETRO HOLDING

3.87%

WESTERN MIDSTREAM PARTNERS LP

3.81%

CHESAPEAKE ENERGY

3.79%

DEVON ENERGY

3.60%

Frequently asked questions about NBET and BESF

How have the NBET and BESF ETFs performed in 2026?

As of April 22, 2026, NBET is up 21.37% year-to-date (YTD), while BESF has returned 18.02%. That puts NBET better performer ahead so far this year.

Which ETF is attracting more investor money: NBET or BESF?

Year-to-date, the NBET ETF saw +$6M in flows, compared to +$686K for BESF.

Which ETF is bigger: NBET or BESF?

As of April 22, 2026, NBET holds $40.41 M in assets under management (AUM), while BESF manages $31.88 M.

What sectors do the NBET and BESF ETFs invest in?

NBET leans toward sectors like Energy and Utilities. Meanwhile, BESF focuses on Energy.

What are the top holdings of the NBET ETF and BESF ETF?

NBET top holdings include TARGA RESOURCS, CHENIERE ENERGY and DT MIDSTREAM INC. BESF holds in its top three: NEXTDECADE CORPORATION, CHENIERE ENERGY and ENTERPRISE PRODUCTS PARTNERS UNT.

NBETvsBESFETF Comparison

Neuberger Berman Carbon Transition & Infrastructure ETF

Bastion Energy ETF

NBET vs BESF performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the NBET and BESF ETFs performed in 2026?

As of April 22, 2026, NBET is up 21.37% year-to-date (YTD), while BESF has returned 18.02%. That puts NBET better performer ahead so far this year.

Which ETF is attracting more investor money: NBET or BESF?

Year-to-date, the NBET ETF saw +$6M in flows, compared to +$686K for BESF.

Which ETF is bigger: NBET or BESF?

As of April 22, 2026, NBET holds $40.41 M in assets under management (AUM), while BESF manages $31.88 M.

What sectors do the NBET and BESF ETFs invest in?

NBET leans toward sectors like Energy and Utilities. Meanwhile, BESF focuses on Energy.

What are the top holdings of the NBET ETF and BESF ETF?

NBET top holdings include TARGA RESOURCS, CHENIERE ENERGY and DT MIDSTREAM INC. BESF holds in its top three: NEXTDECADE CORPORATION, CHENIERE ENERGY and ENTERPRISE PRODUCTS PARTNERS UNT.

Which ETF is more diversified: NBET or BESF?

NBET holds 26 securities with 61.35% of its assets in the top 15. BESF has 21 securities and a top 15 weight of 71.38%.

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