NBETvsFCGETF Comparison
ETF 1
NBET
Neuberger Berman Carbon Transition & Infrastructure ETF
This fund is part of
Multiple Trends
+1.94%
VS
Neuberger Berman Carbon Transition & Infrastructure ETF (NBET) belongs to the Multiple Trends segment. First Trust Natural Gas ETF (FCG) is part of the US Energy segment. NBET's top 3 sector exposures are Energy, Utilities and Industrials. In contrast, FCG's top sector exposures are Energy, Utilities NBET is more expensive with a Total Expense Ratio (TER) of 2.56%, versus 0.57% for FCG. NBET is up 21.37% year-to-date (YTD) with +$6M in YTD flows. FCG performs better with 29.16% YTD performance, and +$169M in YTD flows. Run a side-by-side ETF comparison of NBET and FCG 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 FCG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NBET FCG | -2.81%-2.19% | +15.30%+23.31% | +21.37%+29.16% | +32.74%+46.09% | +72.23%+40.24% | n/a+182.40% |
| Flows | NBET FCG | +$1M+$9M | +$4M+$148M | +$6M+$169M | +$13M+$273M | +$2M+$68M | -+$293M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NBET FCG | +15.15%+28.65% | +14.40%+26.19% | +17.41%+27.29% | n/a+33.91% |
| Max drawdown | NBET FCG | -6.91%-13.10% | -6.91%-13.10% | -18.70%-29.46% | n/a-33.27% |
| Max drawdown duration | NBET FCG | 24d25d | 24d25d | 226d679d | n/a1353d |
Trading data
NBET | FCG | |
Last sale 4/24/2026 at 1:30 PM | $39.77 | $29.82 |
| Previous close 04/23/2026 | $39.84 | $30.11 |
| Consolidated volume 04/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
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NBET
is actively managed and doesn’t replicate an indexNBET | FCG | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
NBET | FCG | |
|---|---|---|
| Last price | $39.77 | $29.82 |
| 1D performance | -0.18% | -0.96% |
| AuM | $40.41 M | $750.95 M |
| E/R | 2.56% | 0.57% |
Characteristics
NBET | FCG | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Neuberger Berman | First Trust |
| Benchmark | - | ISE-Revere Natural Gas Index |
| N° of holdings | 25 | 34 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 6, 2022 | May 8, 2007 |
| ESG | Yes | No |
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Exposure
Countries
NBET
USA
72.68%
Other
27.32%
FCG
USA
93.63%
Other
6.37%
Sectors
NBET
Energy
64.83%
Utilities
8.6%
Other
26.56%
FCG
Energy
86.19%
Other
13.81%
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Diversification
NBET
Total weight of top 15 holdings out of 15
61.35%
FCG
Total weight of top 15 holdings out of 15
60.01%
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%
FCG
EOG RESOURCES
4.64%
CONOCOPHILLIPS
4.64%
OCCIDENTAL U
4.61%
DIAMONDBACK ENERGY
4.19%
DEVON ENERGY
4.14%
APA CORPORATION
4.13%
HESS MIDSTREAM PARTNERS LP
4.05%
EQT
4.03%
WESTERN MIDSTREAM PARTNERS LP
4.02%
COTERRA ENERGY
3.87%
US71424F1057
3.80%
ANTERO RESOURCES
3.62%
OVINTIV INC
3.57%
CHESAPEAKE ENERGY
3.54%
SM ENERGY
3.16%
Frequently asked questions about NBET and FCG
How have the NBET and FCG ETFs performed in 2026?
As of April 22, 2026, NBET is up 21.37% year-to-date (YTD), while FCG has returned 29.16%. That puts FCG better performer ahead so far this year.
Which ETF is attracting more investor money: NBET or FCG?
Year-to-date, the NBET ETF saw +$6M in flows, compared to +$169M for FCG.
Which ETF is more volatile: NBET or FCG?
Over the past year, NBET had a volatility of 14.4%, while FCG experienced 26.19%.
Which ETF is bigger: NBET or FCG?
As of April 22, 2026, NBET holds $40.41 M in assets under management (AUM), while FCG manages $750.95 M.
What sectors do the NBET and FCG ETFs invest in?
NBET leans toward sectors like Energy and Utilities. Meanwhile, FCG focuses on Energy.
What are the top holdings of the NBET ETF and FCG ETF?
NBET top holdings include TARGA RESOURCS, CHENIERE ENERGY and DT MIDSTREAM INC. FCG holds in its top three: EOG RESOURCES, CONOCOPHILLIPS and OCCIDENTAL U.
Which ETF is more diversified: NBET or FCG?
NBET holds 26 securities with 61.35% of its assets in the top 15. FCG has 38 securities and a top 15 weight of 60.01%.
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