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NBETvsPXEETF 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

PXE

Invesco Dynamic Energy Exploration & Production ETF

This fund is part of

US Energy

-1.18%

Full PXE fund page

Neuberger Berman Carbon Transition & Infrastructure ETF (NBET) belongs to the Multiple Trends segment. Invesco Dynamic Energy Exploration & Production ETF (PXE) is part of the US Energy segment. NBET's top 3 sector exposures are Energy, Utilities and Industrials. In contrast, PXE's top sector exposures are Energy, Utilities NBET is more expensive with a Total Expense Ratio (TER) of 2.56%, versus 0.61% for PXE. NBET is up 25.65% year-to-date (YTD) with +$8M in YTD flows. PXE performs better with 36.77% YTD performance, and +$28M in YTD flows. Run a side-by-side ETF comparison of NBET and PXE 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 PXE 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 PXE	-1.57%+0.69%	+15.67%+29.41%	+25.65%+36.77%	+33.58%+56.64%	+82.61%+54.88%	n/a+180.91%
Flows	NBET PXE	+$2M+$36M	+$6M+$34M	+$8M+$28M	+$15M+$24M	+$4M-$68M	--$15M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NBET PXE	+15.24%+30.47%	+14.34%+26.82%	+17.32%+27.67%	n/a+33.54%
Max drawdown	NBET PXE	-6.91%-13.78%	-6.91%-13.78%	-18.70%-37.59%	n/a-37.59%
Max drawdown duration	NBET PXE	31d33d	31d33d	226d703d	n/a703d

Trading data

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	NBET	PXE
Last sale 5/1/2026 at 1:30 PM	$41.27	$38.14
Previous close 04/29/2026	$41.79	$38.56
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	PXE
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	PXE
Last price	$41.27	$38.14
1D performance	-1.24%	-1.09%
AuM	$43.87 M	$132.29 M
E/R	2.56%	0.61%

Characteristics

	NBET	PXE
Management strategy	Active	Passive
Provider	Neuberger Berman	Invesco
Benchmark	-	Dynamic Energy Exploration & Production Intellidex Index
N° of holdings	25	28
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 6, 2022	October 26, 2005
ESG	Yes	No

More NBET data on Trackinsight

More PXE data on Trackinsight

Exposure

Countries

NBET

USA

72.68%

Other

27.32%

PXE

USA

100%

Other

-0%

Sectors

NBET

Energy

64.83%

Utilities

8.6%

Other

26.56%

PXE

Energy

90.11%

Other

9.89%

Diversification

NBET

Total weight of top 15 holdings out of 15

61.35%

PXE

Total weight of top 15 holdings out of 15

61.06%

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%

PXE

MARATHON PETROLEUM

5.21%

VALERO ENERGY

5.15%

OCCIDENTAL U

5.07%

PHILLIPS 66

4.92%

CONOCOPHILLIPS

4.88%

DIAMONDBACK ENERGY

4.72%

EQT

4.67%

CHESAPEAKE ENERGY

4.44%

PAR PACIFIC HOLDINGS INC

3.52%

APA CORPORATION

3.41%

SM ENERGY

3.21%

CHORD ENERGY CORPORATION

3.05%

MURPHY OIL

2.94%

ANTERO RESOURCES

2.94%

CRESCENT ENERGY COMPANY

2.92%

Frequently asked questions about NBET and PXE

How have the NBET and PXE ETFs performed in 2026?

As of April 29, 2026, NBET is up 25.65% year-to-date (YTD), while PXE has returned 36.77%. That puts PXE better performer ahead so far this year.

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

Year-to-date, the NBET ETF saw +$8M in flows, compared to +$28M for PXE.

Which ETF is more volatile: NBET or PXE?

Over the past year, NBET had a volatility of 14.34%, while PXE experienced 26.82%.

Which ETF is bigger: NBET or PXE?

As of April 29, 2026, NBET holds $43.87 M in assets under management (AUM), while PXE manages $132.29 M.

What sectors do the NBET and PXE ETFs invest in?

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

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

NBET top holdings include TARGA RESOURCS, CHENIERE ENERGY and DT MIDSTREAM INC. PXE holds in its top three: MARATHON PETROLEUM, VALERO ENERGY and OCCIDENTAL U.

Which ETF is more diversified: NBET or PXE?

NBET holds 26 securities with 61.35% of its assets in the top 15. PXE has 30 securities and a top 15 weight of 61.06%.

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June 16, 2022

PXE

NBETvsPXEETF Comparison

Neuberger Berman Carbon Transition & Infrastructure ETF

Invesco Dynamic Energy Exploration & Production ETF

NBET vs PXE 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 PXE ETFs performed in 2026?

As of April 29, 2026, NBET is up 25.65% year-to-date (YTD), while PXE has returned 36.77%. That puts PXE better performer ahead so far this year.

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

Year-to-date, the NBET ETF saw +$8M in flows, compared to +$28M for PXE.

Which ETF is more volatile: NBET or PXE?

Over the past year, NBET had a volatility of 14.34%, while PXE experienced 26.82%.

Which ETF is bigger: NBET or PXE?

As of April 29, 2026, NBET holds $43.87 M in assets under management (AUM), while PXE manages $132.29 M.

What sectors do the NBET and PXE ETFs invest in?

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

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

NBET top holdings include TARGA RESOURCS, CHENIERE ENERGY and DT MIDSTREAM INC. PXE holds in its top three: MARATHON PETROLEUM, VALERO ENERGY and OCCIDENTAL U.

Which ETF is more diversified: NBET or PXE?

NBET holds 26 securities with 61.35% of its assets in the top 15. PXE has 30 securities and a top 15 weight of 61.06%.

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