NBET vs. ENFR
Compare and contrast key facts about Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Alerian Energy Infrastructure ETF (ENFR).
NBET and ENFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBET is an actively managed fund by Neuberger Berman. It was launched on Apr 6, 2022. ENFR is a passively managed fund by SS&C that tracks the performance of the Alerian Midstream Energy Select Index. It was launched on Nov 1, 2013.
Performance
NBET vs. ENFR - Performance Comparison
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NBET vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 26.41% | 5.87% | 30.30% | 7.48% | -6.09% |
ENFR Alerian Energy Infrastructure ETF | 22.85% | 5.88% | 42.17% | 15.63% | -3.67% |
Returns By Period
In the year-to-date period, NBET achieves a 26.41% return, which is significantly higher than ENFR's 22.85% return.
NBET
- 1D
- -0.98%
- 1M
- 5.50%
- YTD
- 26.41%
- 6M
- 26.57%
- 1Y
- 25.96%
- 3Y*
- 21.62%
- 5Y*
- —
- 10Y*
- —
ENFR
- 1D
- -1.39%
- 1M
- 4.03%
- YTD
- 22.85%
- 6M
- 20.70%
- 1Y
- 22.29%
- 3Y*
- 28.68%
- 5Y*
- 23.59%
- 10Y*
- 13.64%
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NBET vs. ENFR - Expense Ratio Comparison
NBET has a 0.65% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Return for Risk
NBET vs. ENFR — Risk / Return Rank
NBET
ENFR
NBET vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Alerian Energy Infrastructure ETF (ENFR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| NBET | ENFR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 1.25 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.63 | 1.63 | 0.00 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.25 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.59 | 1.49 | +0.10 |
Martin ratioReturn relative to average drawdown | 5.54 | 4.94 | +0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NBET | ENFR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.25 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.24 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.34 | +0.44 |
Correlation
The correlation between NBET and ENFR is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
NBET vs. ENFR - Dividend Comparison
NBET's dividend yield for the trailing twelve months is around 2.30%, less than ENFR's 4.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 2.30% | 2.70% | 2.43% | 1.22% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ENFR Alerian Energy Infrastructure ETF | 4.02% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
Drawdowns
NBET vs. ENFR - Drawdown Comparison
The maximum NBET drawdown since its inception was -18.72%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for NBET and ENFR.
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Drawdown Indicators
| NBET | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.72% | -68.28% | +49.56% |
Max Drawdown (1Y)Largest decline over 1 year | -16.67% | -14.80% | -1.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -1.55% | -2.18% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -16.16% | +11.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 4.47% | +0.32% |
Volatility
NBET vs. ENFR - Volatility Comparison
Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Alerian Energy Infrastructure ETF (ENFR) have volatilities of 3.74% and 3.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBET | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 3.72% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 10.12% | 10.21% | -0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.28% | 17.91% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.61% | 19.18% | +0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.61% | 24.74% | -5.13% |