BCDF vs. CWS ETF Comparison

Comparison of Horizon Kinetics Blockchain Development ETF (BCDF) to AdvisorShares Focused Equity ETF (CWS)

BCDF

Horizon Kinetics Blockchain Development ETF

BCDF Description

Horizon Kinetics Blockchain Development ETF is an exchange traded fund launched by Listed Funds Trust. The fund is managed by Horizon Kinetics Asset Management LLC. The fund invests in public equity markets of global region. It invests in stocks of companies operating across blockchain development sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund employs internal research to create its portfolio. Horizon Kinetics Blockchain Development ETF was formed on August 1, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.21

Average Daily Volume

1,386

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

CWS

AdvisorShares Focused Equity ETF

CWS Description

The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.

Grade (RS Rating)

Last Trade

$70.24

Average Daily Volume

13,817

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

Performance

Period	BCDF	CWS
30 Days	1.59%	-0.20%
60 Days	6.51%	1.68%
90 Days	10.03%	4.14%
12 Months	29.74%	27.49%

3 Overlapping Holdings

	Symbol	Grade	Weight in BCDF	Weight in CWS	Overlap
	BR	B	0.97%	3.77%	0.97%
	ICE	D	5.39%	4.12%	4.12%
	SAIC	F	3.52%	3.38%	3.38%

BCDF Overweight 10 Positions Relative to CWS

	Symbol	Grade	Weight
	CACI	D	6.6%
	CBOE	C	5.72%
	NDAQ	A	5.1%
	TW	A	4.5%
	WT	A	3.82%
	MKTX	D	2.8%
	CME	A	1.99%
	APLD	B	1.34%
	DBRG	F	0.98%
	BAH	F	0.75%

BCDF Underweight 22 Positions Relative to CWS

	Symbol	Grade	Weight
	FICO	A	-6.68%
	FI	A	-5.35%
	MLR	C	-5.32%
	HEI	A	-5.2%
	APH	B	-4.89%
	AFL	C	-4.57%
	SYK	A	-4.3%
	MCO	B	-4.15%
	COR	B	-4.02%
	SLGN	A	-3.96%
	ROL	B	-3.86%
	INTU	B	-3.78%
	OTIS	D	-3.73%
	AGM	B	-3.63%
	FDS	B	-3.54%
	ABT	B	-3.54%
	AWK	C	-3.39%
	MGRC	B	-3.38%
	TMO	D	-3.36%
	HSY	F	-3.28%
	PII	F	-2.38%
	CE	F	-1.6%

BCDF: Top Represented Industries & Keywords

Industries: Financial Data & Stock Exchanges Capital Markets Business Services Information Technology Services Asset Management REIT - Diversified

Keywords: S&P 500 Credit Default Swap Market Data Swaps Brokerage Electronic Trading Exchange Traded Fund Exchange Traded Funds Futures Exchange Futures Exchanges CME Group Central Securities Depositories Computer Security Enterprise Information Technology Federal Government Financial Advisors Futures Products Homeland Security Interest Rate Swap Investment Bank

CWS: Top Represented Industries & Keywords

Industries: Business Services Capital Markets Medical Devices Aerospace & Defense Auto Parts Chemicals Confectioners Credit Services Diagnostics & Research Electronic Components Financial Data & Stock Exchanges Information Technology Services Insurance - Life Medical Distribution Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery

Keywords: S&P 500 Cancer Electronics Payment Systems Transport Aerospace Beverage Products Card Processing Chemical Chemical Product Communication Solutions Credit Drink Lab Testing Land Transport Medicine Mobile Payments Moody's Analytics Nasdaq 100 Navigation Systems