NVIR vs. XES ETF Comparison

Comparison of Listed Funds Trust Horizon Kinetics Energy and Remediation ETF (NVIR) to SPDR S&P Oil & Gas Equipment & Services ETF (XES)

NVIR

Listed Funds Trust Horizon Kinetics Energy and Remediation ETF

NVIR Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing primarily in securities of companies that are expected to benefit, either directly or indirectly, from the increasing focus on climate and environmentally sensitive carbon-based energy production. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.47

Average Daily Volume

602

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XES

SPDR S&P Oil & Gas Equipment & Services ETF

XES Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas equipment and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$86.10

Average Daily Volume

47,626

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NVIR	XES
30 Days	8.23%	4.75%
60 Days	11.57%	-1.03%
90 Days	13.30%	-1.17%
12 Months	24.33%	0.53%

3 Overlapping Holdings

Symbol	Grade	Weight in NVIR	Weight in XES	Overlap
LBRT	F	1.5%	4.04%	1.5%
SLB	C	2.3%	4.95%	2.3%
TTI	B	1.31%	0.77%	0.77%

NVIR Overweight 26 Positions Relative to XES

Symbol	Grade	Weight
XOM	A	7.4%
TPL	A	6.13%
WMB	A	5.08%
LNG	A	4.14%
EQT	A	3.97%
FANG	C	3.88%
EOG	A	3.28%
COP	B	3.11%
ITRI	B	2.71%
PNR	B	2.5%
BMI	B	2.42%
OXY	D	2.41%
FLS	A	2.21%
ECL	D	2.04%
FLR	B	1.82%
VLTO	C	1.72%
WTS	B	1.56%
OIS	B	1.52%
XYL	D	1.52%
PBT	B	1.52%
FELE	B	1.48%
IEX	B	1.32%
ERII	D	1.16%
IDXX	F	1.11%
SJT	D	0.95%
SBR	B	0.77%

NVIR Underweight 24 Positions Relative to XES

Symbol	Grade	Weight
BKR	A	-5.69%
FTI	A	-5.17%
WHD	B	-5.13%
HP	C	-5.02%
HAL	C	-4.93%
CHX	C	-4.88%
AROC	A	-4.83%
PTEN	C	-4.73%
RIG	D	-4.66%
NOV	C	-4.64%
VAL	F	-4.2%
WFRD	F	-4.12%
OII	B	-3.57%
TDW	F	-3.36%
HLX	B	-2.9%
AESI	B	-2.62%
XPRO	F	-2.33%
WTTR	A	-2.1%
NBR	D	-1.89%
CLB	B	-1.72%
PUMP	D	-1.62%
RES	D	-1.29%
NR	B	-0.79%
VTOL	B	-0.68%

XES: Top Represented Industries & Keywords

Industries: Oil & Gas Equipment & Services Oil & Gas Drilling Airports & Air Services Pollution & Treatment Controls