NBET vs. GXPE
NBET (Neuberger Berman Energy Transition & Infrastructure ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds. NBET is actively managed, while GXPE is passively managed. Their correlation of 0.83 suggests significant overlap in exposure. NBET charges 0.65%/yr vs 0.15%/yr for GXPE.
Performance
NBET vs. GXPE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with NBET having a 21.93% return and GXPE slightly lower at 21.32%.
NBET
- 1D
- 1.28%
- 1M
- -3.13%
- YTD
- 21.93%
- 6M
- 22.32%
- 1Y
- 24.61%
- 3Y*
- 20.01%
- 5Y*
- —
- 10Y*
- —
GXPE
- 1D
- 0.89%
- 1M
- -6.09%
- YTD
- 21.32%
- 6M
- 22.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBET vs. GXPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 21.93% | 3.49% |
GXPE Global X PureCap MSCI Energy ETF | 21.32% | 4.62% |
Correlation
The correlation between NBET and GXPE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.83 |
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Return for Risk
NBET vs. GXPE — Risk / Return Rank
NBET
GXPE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NBET vs. GXPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Global X PureCap MSCI Energy ETF (GXPE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NBET | GXPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | — | — |
| Martin ratioReturn relative to average drawdown | 8.27 | — | — |
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Drawdowns
NBET vs. GXPE - Drawdown Comparison
The maximum NBET drawdown since its inception was -18.72%, which is greater than GXPE's maximum drawdown of -14.89%. Use the drawdown chart below to compare losses from any high point for NBET and GXPE.
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Drawdown Indicators
| NBET | GXPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.72% | -14.89% | -3.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.00% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.72% | — | — |
Current DrawdownCurrent decline from peak | -6.11% | -13.88% | +7.77% |
Average DrawdownAverage peak-to-trough decline | -5.07% | -3.71% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | — | — |
Volatility
NBET vs. GXPE - Volatility Comparison
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Volatility by Period
| NBET | GXPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.14% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.72% | 20.71% | -5.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.48% | 20.71% | -1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.48% | 20.71% | -1.23% |
NBET vs. GXPE - Expense Ratio Comparison
NBET has a 0.65% expense ratio, which is higher than GXPE's 0.15% expense ratio.
Dividends
NBET vs. GXPE - Dividend Comparison
NBET's dividend yield for the trailing twelve months is around 2.47%, more than GXPE's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GXPE Global X PureCap MSCI Energy ETF | 0.99% | 1.20% | 0.00% | 0.00% | 0.00% |
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 2.47% | 2.70% | 2.43% | 1.22% | 0.87% |
Frequently Asked Questions
NBET and GXPE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPE is cheaper with a 0.15% expense ratio, compared with 0.65% for NBET.
NBET has the higher dividend yield at 2.47%, compared with 0.99% for GXPE.
They also come from different issuers: Neuberger Berman and Global X. Their fees differ too: 0.65% for NBET and 0.15% for GXPE.
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