NBET - ETF AI Analysis

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Neuberger Berman Energy Transition & Infrastructure Etf (NBET)

Rating:69Neutral

Price Target:―

The overall rating of the Neuberger Berman Energy Transition & Infrastructure ETF (NBET) reflects a balanced mix of strengths and challenges among its holdings. Enterprise Products Partners (EPD) and Western Midstream Partners (WES) stand out as key contributors, with their strong financial health, efficient cash flow management, and attractive dividend yields boosting the fund's performance. However, holdings like Antero Resources (AR) and Cheniere Energy (LNG) face challenges such as high leverage and revenue volatility, which may have tempered the ETF's overall rating. Investors should also note the fund's concentration in the energy sector, which could pose risks during periods of market instability in this industry.

Positive Factors

Strong Mid-Tier Holdings

Several mid-weight positions, such as Williams Co and Antero Midstream, have delivered strong year-to-date performance, supporting the fund’s returns.

Sector Focus on Energy and Utilities

The ETF’s heavy exposure to energy and utilities sectors aligns with stable, income-generating industries.

Reasonable Expense Ratio

The fund’s expense ratio is competitive for a specialized ETF, making it relatively cost-effective for investors.

Negative Factors

Underperforming Top Holdings

Several of the largest positions, including Targa Resources and Energy Transfer, have lagged in year-to-date performance, dragging on overall returns.

Geographic Over-Concentration

With over 95% exposure to U.S. companies, the ETF lacks diversification across global markets.

Sector Concentration Risk

The fund’s 80% allocation to the energy sector increases vulnerability to downturns in energy markets.

NBET vs. SPDR S&P 500 ETF (SPY)

AUM28.03M

RegionGlobal

Expense Ratio0.65%

Beta0.69

IssuerNeuberger Berman

Inception DateApr 06, 2022

Dividend Yield2.26%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume20,892

30 Day Avg. Volume5,343

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

38.45

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering31

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

NBET Summary

The Neuberger Berman Energy Transition & Infrastructure ETF (NBET) focuses on companies driving the shift to renewable energy and modern infrastructure. It includes businesses like Targa Resources and Energy Transfer, which are involved in energy production and transportation. This ETF is ideal for investors looking to benefit from the global move toward sustainable energy and long-term growth in the energy sector. However, new investors should note that its performance is closely tied to the energy market, which can be volatile and influenced by economic and regulatory changes.

How much will it cost me?The Neuberger Berman Energy Transition & Infrastructure ETF (NBET) has an expense ratio of 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on specialized energy transition and infrastructure investments that require more research and management expertise.

What would affect this ETF?The NBET ETF could benefit from global efforts to transition to renewable energy and increased investments in energy infrastructure, as governments and companies prioritize sustainability and innovation. However, it may face challenges from fluctuating energy prices, regulatory changes, or slower-than-expected adoption of renewable technologies, which could impact its holdings in energy and utilities sectors.

NBET Top 10 Holdings

The NBET ETF is heavily concentrated in the energy sector, with a focus on companies driving the global shift toward sustainable infrastructure. Clearway Energy is the standout performer, rising on strong technical momentum and strategic growth initiatives, while DT Midstream also shines with robust financial results. On the flip side, Cheniere Energy and Energy Transfer are lagging, weighed down by bearish trends and revenue challenges. With a global mix of holdings, this fund is riding the wave of energy transition, though some names are struggling to keep pace with the sector’s rapid evolution.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
TRGP	Targa Resources	8.02%	$2.25M	$37.63B	-14.19%	71 Outperform
EPD	Enterprise Products Partners	7.03%	$1.97M	$70.83B	-4.91%	74 Outperform
ET	Energy Transfer	6.58%	$1.84M	$57.37B	-15.86%	69 Neutral
DTM	DT Midstream	6.16%	$1.73M	$12.35B	14.46%	75 Outperform
LNG	Cheniere Energy	5.67%	$1.59M	$44.87B	-6.94%	67 Neutral
WMB	Williams Co	5.37%	$1.51M	$74.41B	4.12%	68 Neutral
WES	Western Midstream Partners	4.53%	$1.27M	$16.05B	-3.39%	78 Outperform
CWEN	Clearway Energy	4.50%	$1.26M	$7.38B	24.18%	70 Neutral
SRE	Sempra Energy	4.14%	$1.16M	$61.82B	1.12%	74 Outperform
AR	Antero Resources	4.06%	$1.14M	$11.24B	11.44%	67 Neutral

NBET Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

32.45

Positive

100DMA

32.30

Positive

200DMA

31.95

Positive

Market Momentum

MACD

0.23

Negative

RSI

63.94

Neutral

STOCH

66.69

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NBET, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 32.67, equal to the 50-day MA of 32.45, and equal to the 200-day MA of 31.95, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 63.94 is Neutral, neither overbought nor oversold. The STOCH value of 66.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NBET.

NBET Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
NBET	―	―	$28.03M	0.65%	―
TTEQ	―	―	$96.95M	0.63%	―
LPRE	―	―	$91.54M	1.00%	―
FMED	―	―	$63.69M	0.50%	―
BLDG	―	―	$50.91M	0.59%	―
NVIR	―	―	$4.08M	0.85%	―

Performance Comparison

NBET

Neuberger Berman Energy Transition & Infrastructure Etf

33.51

1.20

3.71%

TTEQ

T. Rowe Price Technology ETF

―

LPRE

Long Pond Real Estate Select ETF

―

FMED

Fidelity Disruptive Medicine ETF

―

BLDG

Cambria Global Real Estate ETF

―

NVIR

Horizon Kinetics Energy and Remediation ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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