Neuberger Berman Energy Transition & Infrastructure ETF (NBET) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NBET. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NBET
NBET charges 0.65% annually. There are 38 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 36.84B | Dec 1998 | NBET vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.90B | Oct 2013 | NBET vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.80B | Sep 2004 | NBET vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 526.25M | Nov 2025 | NBET vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | NBET vs GXPE |
Best Risk-Adjusted Alternatives to NBET
NBET has a PortfoliosLab risk / return rank of 51. There are 22 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 91 | 7.93M | May 2025 | NBET vs USNG | |
| Invesco Dynamic Oil & Gas Services ETF | 87 | 126.14M | Oct 2005 | NBET vs PXJ | |
| Bastion Energy ETF | 84 | — | Jun 2025 | NBET vs BESF | |
| FT Energy Income Partners Strategy ETF | 83 | 518.62M | Nov 2022 | NBET vs EIPX | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 82 | 527.65M | Jun 2006 | NBET vs XES |
Top Performing NBET Alternatives (YTD)
NBET is at 20.80% YTD. There are 32 ETFs in the Energy Equities category with higher YTD returns, going as high as 42.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Oil & Gas Services ETF | 42.12% | 126.14M | Oct 2005 | NBET vs PXJ | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 39.22% | 527.65M | Jun 2006 | NBET vs XES | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 36.17% | 7.93M | May 2025 | NBET vs USNG | |
| VanEck Oil Services ETF | 35.03% | 2.12B | Dec 2011 | NBET vs OIH | |
| WEBs Energy XLE Defined Volatility ETF | 34.11% | — | Jul 2025 | NBET vs DVXE |
Lowest Volatility Alternatives to NBET
NBET has 14.66% 1-year volatility. There are 10 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 10.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Macquarie Global Listed Infrastructure ETF | 10.86% | 6.30M | Nov 2023 | NBET vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.17% | 518.62M | Nov 2022 | NBET vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.64% | 1.14B | Nov 2022 | NBET vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.45% | 152.76M | Apr 2024 | NBET vs MDST | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.05% | 657.68M | Dec 2025 | NBET vs MLPI |
Lowest Drawdown Alternatives to NBET
NBET has a 1-year max drawdown of -8.00%. There are 10 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 518.62M | Nov 2022 | NBET vs EIPX | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | NBET vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.14B | Nov 2022 | NBET vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | -6.74% | 152.76M | Apr 2024 | NBET vs MDST | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | -6.82% | 7.93M | May 2025 | NBET vs USNG |
Other ETFs from Neuberger Berman
The 7 most viewed Neuberger Berman ETFs shown here include NBOS, NBCM, NBDS and span 7 categories. AUM among these funds goes as high as $1B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Option Strategy ETF | Options Trading | 78 | 5.59% | 445.09M | Sep 2016 | NBET vs NBOS | |
| Neuberger Berman Commodity Strategy ETF | Commodities | 48 | 18.19% | 413.74M | Aug 2012 | NBET vs NBCM | |
| Neuberger Berman Disrupters ETF | Technology Equities | 27 | 14.85% | 123.98M | Apr 2022 | NBET vs NBDS | |
| Neuberger Berman China Equity ETF | China Equities | 94 | 32.09% | 18.92M | Oct 2023 | NBET vs NBCE | |
| Neuberger Berman Short Duration Income ETF | Short-Term Bond | 88 | 0.85% | 1.12B | Jun 2010 | NBET vs NBSD | |
| Neuberger Berman Emerging Markets Debt Hard Curren... | Emerging Markets Bonds | — | 3.64% | 136.81M | Sep 2013 | NBET vs NEMD | |
| Neuberger Berman Japan Equity ETF | Japan Equities | 58 | 19.75% | 142.20M | Sep 2024 | NBET vs NBJP |
Often Compared With NBET
Investors most often compare NBET with XLEI, LNGX, INFR. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare NBET with Any Fund or Stock
Compare NBET with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NBET with funds that move differently
Neuberger Berman Energy Transition & Infrastructure ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NBET.
Explore NBET Diversifiers