BCDF vs. LRNZ ETF Comparison

Comparison of Horizon Kinetics Blockchain Development ETF (BCDF) to TrueMark Technology, AI & Deep Learning ETF (LRNZ)

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

$30.14

Average Daily Volume

1,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LRNZ

TrueMark Technology, AI & Deep Learning ETF

LRNZ Description

LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are signiﬁcantly involved in the application of high levels of artificial intelligence. Intends to serve as a more focused alpha seeking solution to complement traditional technology-based indices Targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior. Portfolio construction begins with a multi-cap investment universe comprised of secular growth companies, cyclical growth companies, and newly public companies. Actively managed by highly credentialed artificial intelligence specialist with deep field experience and robust Silicon Valley network.

Grade (RS Rating)

Last Trade

$42.84

Average Daily Volume

3,804

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BCDF	LRNZ
30 Days	6.55%	12.15%
60 Days	8.94%	12.69%
90 Days	11.94%	11.77%
12 Months	33.59%	33.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in BCDF	Weight in LRNZ	Overlap

BCDF Overweight 13 Positions Relative to LRNZ

Symbol	Grade	Weight
CACI	D	6.6%
CBOE	B	5.72%
ICE	C	5.39%
NDAQ	A	5.1%
TW	A	4.5%
WT	B	3.82%
SAIC	F	3.52%
MKTX	D	2.8%
CME	A	1.99%
APLD	A	1.34%
DBRG	F	0.98%
BR	A	0.97%
BAH	F	0.75%

BCDF Underweight 19 Positions Relative to LRNZ

Symbol	Grade	Weight
NVDA	C	-11.48%
CRWD	B	-9.14%
IOT	A	-9.02%
NET	B	-6.41%
AMD	F	-5.23%
AMZN	C	-5.13%
ESTC	C	-5.12%
S	B	-4.91%
SNOW	C	-4.8%
DDOG	A	-4.75%
MDB	C	-4.7%
ZS	C	-4.02%
LLY	F	-3.72%
NVO	D	-3.56%
NOW	A	-3.55%
SDGR	C	-1.98%
OKTA	C	-1.87%
ABCL	D	-0.97%
RLAY	F	-0.8%