BCDF vs. INFL ETF Comparison

Comparison of Horizon Kinetics Blockchain Development ETF (BCDF) to Horizon Kinetics Inflation Beneficiaries ETF (INFL)

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

$29.30

Average Daily Volume

1,387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INFL

Horizon Kinetics Inflation Beneficiaries ETF

INFL Description

The investment seeks long-term growth of capital in real (inflation-adjusted) terms. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.70

Average Daily Volume

167,091

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BCDF	INFL
30 Days	1.71%	1.57%
60 Days	6.82%	8.12%
90 Days	9.37%	11.51%
12 Months	31.36%	33.70%

3 Overlapping Holdings

Symbol	Grade	Weight in BCDF	Weight in INFL	Overlap
CACI	C	8.21%	3.57%	3.57%
DBRG	F	0.77%	1.7%	0.77%
ICE	C	5.31%	4.32%	4.32%

BCDF Overweight 10 Positions Relative to INFL

Symbol	Grade	Weight
CBOE	C	5.53%
NDAQ	A	4.98%
TW	A	4.46%
SAIC	F	4.36%
WT	A	3.93%
MKTX	D	2.86%
CME	A	1.93%
APLD	A	1.5%
BAH	D	0.94%
BR	B	0.94%

BCDF Underweight 13 Positions Relative to INFL

Symbol	Grade	Weight
TPL	A	-9.35%
LNG	A	-3.06%
MMC	D	-2.82%
ADM	D	-2.34%
BG	D	-2.21%
WFG	C	-2.15%
JOE	F	-1.19%
MSB	B	-0.98%
PBT	B	-0.94%
RPRX	F	-0.73%
DMLP	A	-0.54%
SBR	B	-0.49%
SJT	D	-0.41%