Data as of .
NBET vs PCLN: which is really different?
NBET and PCLN hold 0% of their weight in the same names.
ETFIQ Off-Index Score: NBET 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, NBET and PCLN hold 0% of their money in the same securities at the same weight.
| Only in NBET | Only in PCLN |
|---|---|
| Targa Resources Corp 9.11% | APPLIED MATERIALS INC 6.57% |
| Enterprise Products Partners LP 7.61% | ASML HOLDING NV /EUR/ 5.57% |
| Energy Transfer LP 7.52% | TAIWAN SEMICONDUCTOR-SP ADR 4.81% |
| DT Midstream Inc 6.07% | ECOLAB INC 3.75% |
| Cheniere Energy Inc 6.02% | CADENCE DESIGN SYS INC 3.40% |
| Williams Cos Inc/The 5.42% | INFINEON TECHNOLOGIES AG /EUR/ 3.21% |
| Clearway Energy Inc 4.04% | SCHNEIDER ELEC SA /EUR/ 3.00% |
| Western Midstream Partners LP 4.02% | MARVELL TECHNOLOGY INC 2.86% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| NBET | PCLN | NBET | PCLN | NBET | PCLN | |
| 3 months | +7.7% | −11.4% | +5.4 pts | −13.7 pts | +10.1 pts | −8.9 pts |
| 6 months | +4.0% | +16.9% | −14.0 pts | −1.1 pts | −20.2 pts | −7.4 pts |
| 1 year | +29.2% | not published | +12.7 pts | not published | +7.5 pts | not published |
| 3 years | +89.3% | not published | +10.9 pts | not published | −8.8 pts | not published |
| Since launch | +79.2% | +17.4% | −1.1 pts | +0.8 pts | −29.9 pts | −3.3 pts |
| NBET Neuberger Energy Transition & Infrastructure ETF Holds 31 stocks in energy transition and decarbonisation, 34% of its weight in S&P 500 companies | PCLN Pictet Cleaner Planet ETF Holds 66 stocks in energy transition and decarbonisation, 59% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Neuberger Berman | Pictet |
| Theme | Energy transition and decarbonisation | Energy transition and decarbonisation |
| In the S&P 500 | 34.5% | 59.3% |
| Active share vs the S&P 500 | 97.8% | 89.4% |
| In the Nasdaq-100 | 0.0% | 28.8% |
| Holdings | 31 | 66 |
| Top ten, share of the fund | 57.2% | 38.7% |
| Expense ratio | 0.65% | 0.70% |
| Fee for the differing part | 0.66% | 0.78% |
| Total return, 1 year | +29.2% | +17.4% (since launch on Oct 16, 2025) |
| vs the S&P 500 | +12.7 pts | +0.8 pts |
| vs the Nasdaq-100 | +7.5 pts | −3.3 pts |
| Below its high | −2.9% | −12.2% |
| Net assets | $45m | $18m |
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.
PCLN in plain words
By weight, 59% of PCLN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 89%. The top ten holdings are 39% of the fund across 66 positions, as filed for Jun 30, 2026. Since it launched on Oct 16, 2025 the fund returned +17.4% with distributions reinvested against +16.5% for the S&P 500, so a holder was ahead by 0.8 pts. It sits 12.2% below its all-time high of Jun 22, 2026.
Questions people ask
- Do NBET and PCLN 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, NBET or PCLN?
- NBET has 34% of its weight in S&P 500 names and PCLN has 59%, so NBET differs more from the index.
- Which is cheaper, NBET or PCLN?
- NBET charges 0.65% a year and PCLN charges 0.70%, so NBET 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, NBET against PCLN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/nbet-vs-pcln Free to use with attribution; the underlying files are at Open data.