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NBETvsFXNETF Comparison

ETF 1

NBET

Neuberger Berman Carbon Transition & Infrastructure ETF

This fund is part of

Multiple Trends

+0.62%

Full NBET fund page

VS

ETF 2

FXN

First Trust Energy AlphaDEX Fund ETF

This fund is part of

US Energy

-1.18%

Full FXN fund page

Neuberger Berman Carbon Transition & Infrastructure ETF (NBET) belongs to the Multiple Trends segment. First Trust Energy AlphaDEX Fund ETF (FXN) is part of the US Energy segment. NBET's top 3 sector exposures are Energy, Utilities and Industrials. In contrast, FXN's top sector exposures are Energy, Information Technology NBET is more expensive with a Total Expense Ratio (TER) of 2.56%, versus 0.63% for FXN. NBET is up 25.65% year-to-date (YTD) with +$8M in YTD flows. FXN performs better with 37.51% YTD performance, and +$870M in YTD flows. Run a side-by-side ETF comparison of NBET and FXN 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 FXN 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 04/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NBET FXN	-1.57%-0.98%	+15.67%+23.27%	+25.65%+37.51%	+33.58%+65.64%	+82.61%+56.62%	n/a+151.38%
Flows	NBET FXN	+$2M+$233M	+$6M+$885M	+$8M+$870M	+$15M+$815M	+$4M+$444M	-+$566M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NBET FXN	+15.24%+24.57%	+14.34%+23.84%	+17.32%+25.55%	n/a+29.01%
Max drawdown	NBET FXN	-6.91%-11.73%	-6.91%-11.73%	-18.70%-31.64%	n/a-31.64%
Max drawdown duration	NBET FXN	31d32d	31d32d	226d667d	n/a667d

Trading data

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	NBET	FXN
Last sale 5/1/2026 at 1:30 PM	$41.27	$22.36
Previous close 04/29/2026	$41.79	$22.54
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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NBET

is actively managed and doesn’t replicate an index

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	NBET	FXN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	NBET	FXN
Last price	$41.27	$22.36
1D performance	-1.24%	-0.80%
AuM	$43.87 M	$1.21 B
E/R	2.56%	0.63%

Characteristics

	NBET	FXN
Management strategy	Active	Passive
Provider	Neuberger Berman	First Trust
Benchmark	-	StrataQuant Energy Index
N° of holdings	25	37
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 6, 2022	May 8, 2007
ESG	Yes	No

More NBET data on Trackinsight

More FXN data on Trackinsight

Exposure

Countries

NBET

USA

72.68%

Other

27.32%

FXN

USA

92.98%

Other

7.02%

Sectors

NBET

Energy

64.83%

Utilities

8.6%

Other

26.56%

FXN

Energy

91.36%

Other

8.64%

Diversification

NBET

Total weight of top 15 holdings out of 15

61.35%

FXN

Total weight of top 15 holdings out of 15

61.54%

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%

FXN

APA CORPORATION

6.10%

US71424F1057

5.30%

MATADOR RESOURCES

5.16%

EOG RESOURCES

4.82%

DEVON ENERGY

4.79%

COTERRA ENERGY

4.65%

DIAMONDBACK ENERGY

4.57%

CHORD ENERGY CORPORATION

3.73%

CONOCOPHILLIPS

3.46%

EXXON

3.38%

SCHLUMBERGER

3.29%

OVINTIV INC

3.17%

RANGE RESOURCES

3.11%

NOV INC

3.02%

ANTERO RESOURCES

2.99%

Frequently asked questions about NBET and FXN

How have the NBET and FXN ETFs performed in 2026?

As of April 29, 2026, NBET is up 25.65% year-to-date (YTD), while FXN has returned 37.51%. That puts FXN better performer ahead so far this year.

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

Year-to-date, the NBET ETF saw +$8M in flows, compared to +$870M for FXN.

Which ETF is more volatile: NBET or FXN?

Over the past year, NBET had a volatility of 14.34%, while FXN experienced 23.84%.

Which ETF is bigger: NBET or FXN?

As of April 29, 2026, NBET holds $43.87 M in assets under management (AUM), while FXN manages $1.21 B.

What sectors do the NBET and FXN ETFs invest in?

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

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

NBET top holdings include TARGA RESOURCS, CHENIERE ENERGY and DT MIDSTREAM INC. FXN holds in its top three: APA CORPORATION, US71424F1057 and MATADOR RESOURCES.

Which ETF is more diversified: NBET or FXN?

NBET holds 26 securities with 61.35% of its assets in the top 15. FXN has 38 securities and a top 15 weight of 61.54%.

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FXN

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November 13, 2023

FXN

NBETvsFXNETF Comparison

Neuberger Berman Carbon Transition & Infrastructure ETF

First Trust Energy AlphaDEX Fund ETF

NBET vs FXN 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 FXN ETFs performed in 2026?

As of April 29, 2026, NBET is up 25.65% year-to-date (YTD), while FXN has returned 37.51%. That puts FXN better performer ahead so far this year.

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

Year-to-date, the NBET ETF saw +$8M in flows, compared to +$870M for FXN.

Which ETF is more volatile: NBET or FXN?

Over the past year, NBET had a volatility of 14.34%, while FXN experienced 23.84%.

Which ETF is bigger: NBET or FXN?

As of April 29, 2026, NBET holds $43.87 M in assets under management (AUM), while FXN manages $1.21 B.

What sectors do the NBET and FXN ETFs invest in?

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

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

NBET top holdings include TARGA RESOURCS, CHENIERE ENERGY and DT MIDSTREAM INC. FXN holds in its top three: APA CORPORATION, US71424F1057 and MATADOR RESOURCES.

Which ETF is more diversified: NBET or FXN?

NBET holds 26 securities with 61.35% of its assets in the top 15. FXN has 38 securities and a top 15 weight of 61.54%.

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Energy Sector Plunges for the Third Week in a Row

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