Data as of .
EVX vs NBET: which is really different?
EVX and NBET hold 0% of their weight in the same names, and NBET returned more over the year.
ETFIQ Off-Index Score: EVX scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, EVX and NBET hold 0% of their money in the same securities at the same weight.
| Only in EVX | Only in NBET |
|---|---|
| Ecolab Inc 8.30% | Targa Resources Corp 9.11% |
| Waste Management Inc 7.47% | Enterprise Products Partners LP 7.61% |
| Waste Connections Inc 6.70% | Energy Transfer LP 7.52% |
| Republic Services Inc 6.57% | DT Midstream Inc 6.07% |
| Veralto Corp 5.66% | Cheniere Energy Inc 6.02% |
| Xylem Inc/Ny 5.42% | Williams Cos Inc/The 5.42% |
| Veolia Environnement Sa 5.40% | Clearway Energy Inc 4.04% |
| Darling Ingredients Inc 4.98% | Western Midstream Partners LP 4.02% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 17, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| EVX | NBET | EVX | NBET | EVX | NBET | |
| 3 months | −1.2% | +7.7% | −3.5 pts | +5.4 pts | +1.3 pts | +10.1 pts |
| 6 months | +4.3% | +4.0% | −13.7 pts | −14.0 pts | −19.9 pts | −20.2 pts |
| 1 year | +1.6% | +29.2% | −14.9 pts | +12.7 pts | −20.1 pts | +7.5 pts |
| 3 years | +32.9% | +89.3% | −45.5 pts | +10.9 pts | −65.3 pts | −8.8 pts |
| Since launch | +414.5% | +79.2% | −389.0 pts | −1.1 pts | −1275.7 pts | −29.9 pts |
| EVX VanEck Environmental Services ETF Holds 27 stocks in energy transition and decarbonisation, 28% of its weight in S&P 500 companies | NBET Neuberger Energy Transition & Infrastructure ETF Holds 31 stocks in energy transition and decarbonisation, 34% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | VanEck | Neuberger Berman |
| Theme | Energy transition and decarbonisation | Energy transition and decarbonisation |
| In the S&P 500 | 28.0% | 34.5% |
| Active share vs the S&P 500 | 99.7% | 97.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 27 | 31 |
| Top ten, share of the fund | 60.1% | 57.2% |
| Expense ratio | 0.55% | 0.65% |
| Fee for the differing part | 0.55% | 0.66% |
| Total return, 1 year | +1.6% | +29.2% |
| vs the S&P 500 | −14.9 pts | +12.7 pts |
| vs the Nasdaq-100 | −20.1 pts | +7.5 pts |
| Below its high | −6.7% | −2.9% |
| Net assets | $97m | $45m |
EVX in plain words
By weight, 28% of EVX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 60% of the fund across 27 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +1.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 14.9 pts. It sits 6.7% below its all-time high of Feb 11, 2026.
NBET in plain words
By weight, 34% of NBET's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 57% of the fund across 31 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +29.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 12.7 pts.
Questions people ask
- Do EVX and NBET hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, EVX or NBET?
- EVX has 28% of its weight in S&P 500 names and NBET has 34%, so EVX differs more from the index.
- Which is cheaper, EVX or NBET?
- EVX charges 0.55% a year and NBET charges 0.65%, so EVX is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EVX against NBET, data as of Sep 18, 2026. https://etfiq.com/compare/themes/evx-vs-nbet Free to use with attribution; the underlying files are at Open data.