Listed Funds Trust - Horizon Kinetics Energy and Remediation ETF (NVIR)

Overview

The Horizon Kinetics Energy and Remediation ETF (NVIR) focuses on companies involved in energy and environmental remediation, aiming to capitalize on long-term trends in resource management and environmental cleanup. It seeks long-term capital appreciation by investing in companies involved in traditional energy, alternative energy, and environmental remediation.

Reputation and Reliability

Listed Funds Trust provides a platform for various ETFs. Horizon Kinetics serves as the investment advisor, known for its distinctive, long-term investment approach.

Management Expertise

Horizon Kinetics boasts a seasoned management team with extensive experience in contrarian investing and deep value analysis, focusing on identifying undervalued assets with long-term potential.

Goal

The ETF seeks long-term capital appreciation by investing in companies involved in energy and environmental remediation.

Investment Approach and Strategy

Strategy: The ETF does not track a specific index, but rather employs an actively managed strategy to identify companies involved in energy and remediation. It uses a fundamental, bottom-up approach to select investments.

Composition The ETF primarily holds stocks of companies involved in energy production, alternative energy development, and environmental remediation technologies and services.

Market Share: NVIR's market share in the energy and remediation ETF sector is relatively small compared to broader energy ETFs.

Total Net Assets (AUM): 31576414

Key Competitors

• ICLN
• TAN
• SMOG
• FAN

Competitive Landscape

The competitive landscape is dominated by larger, more established ETFs focusing on broader renewable energy sectors. NVIR differentiates itself with a more concentrated focus on specific niches within energy and remediation, which can offer higher potential returns but also greater risk. Compared to its competitors, NVIR is a small, specialized fund.

Historical Performance: Historical performance data is available from the fund's inception date. Performance varies based on the underlying holdings and market conditions.

Benchmark Comparison: A suitable benchmark would be a composite of energy and environmental services indices; relative performance varies depending on the benchmark chosen.

Expense Ratio: 0.85

Average Trading Volume

The average trading volume is moderate, and can be limited compared to more popular ETFs, suggesting lower liquidity.

Bid-Ask Spread

The bid-ask spread can vary but can be wider than more liquid ETFs, potentially increasing trading costs.

Market Environment Factors

Economic indicators, government policies regarding energy and environmental regulations, and commodity prices all influence NVIR's performance.

Growth Trajectory

The fund's growth trajectory is tied to the increasing demand for renewable energy sources and the expansion of environmental remediation services. The growth is dependent on regulatory tailwinds.

Competitive Edge

NVIR's competitive advantage lies in its focus on a niche segment of the energy and remediation sectors, potentially offering higher growth opportunities. The fund's concentrated approach allows it to invest in undervalued companies with long-term potential that may be overlooked by larger, more diversified ETFs. Horizon Kinetics' deep value investing philosophy contributes to this competitive edge, along with contrarian investing.

Volatility

The ETF can exhibit high volatility due to its concentrated holdings and exposure to specific sectors, making it vulnerable to sector-specific risks.

Market Risk

Market risk includes fluctuations in energy prices, regulatory changes, and technological advancements that could impact the profitability of the companies held in the ETF.

Ideal Investor Profile

The ideal investor is someone with a long-term investment horizon, a high-risk tolerance, and an interest in the energy and environmental sectors.

Market Risk

This ETF is best suited for long-term investors who are comfortable with higher volatility and are seeking exposure to niche areas within the energy and remediation sectors.

The Horizon Kinetics Energy and Remediation ETF (NVIR) offers a targeted approach to investing in companies involved in energy and environmental remediation, providing potential exposure to growth opportunities. It caters to investors with a long-term view and a higher risk appetite, seeking to capitalize on niche areas of the energy and remediation sectors. NVIR's actively managed strategy differentiates it from passive index funds, allowing for a more concentrated approach. However, its smaller size and lower liquidity require careful consideration from investors.

Data Sources:

• ETF.com
• Morningstar.com
• etfdb.com
• Official Fund Website

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and fund performance can change, and investors should conduct their own due diligence before making any investment decisions.