VABS vs. BCDF ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to Horizon Kinetics Blockchain Development ETF (BCDF)

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.17

Average Daily Volume

2,387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	VABS	BCDF
30 Days	0.28%	6.55%
60 Days	0.04%	8.94%
90 Days	0.27%	11.94%
12 Months	6.93%	33.59%

1 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in BCDF	Overlap
	DBRG	F	0.62%	0.98%	0.62%

VABS Overweight 49 Positions Relative to BCDF

Symbol	Grade	Weight
RLJ	C	4.48%
BW	D	2.27%
EFC	C	1.89%
BFS	C	1.53%
EQC	B	1.49%
DRH	B	1.35%
PBI	B	1.34%
TWO	D	1.26%
ARR	D	1.25%
GNL	F	0.94%
F	C	0.87%
MFA	D	0.86%
CIM	D	0.82%
IVR	F	0.78%
ET	A	0.55%
EPR	D	0.47%
MITT	D	0.45%
CTO	B	0.29%
PSEC	D	0.23%
TDS	B	0.23%
PMT	D	0.21%
AHH	D	0.17%
SHO	C	0.17%
LXP	D	0.17%
INN	D	0.16%
ATCOL	A	0.15%
BHR	B	0.15%
UMH	C	0.11%
ABR	C	0.1%
ALLY	C	0.1%
FTAI	B	0.06%
ALTG	C	0.05%
FHN	A	0.04%
AL	B	0.04%
CIO	D	0.03%
NLY	C	0.03%
SNV	B	0.02%
DX	B	0.02%
CODI	B	0.02%
PEB	D	0.01%
CNO	A	0.01%
VNO	B	0.01%
BOH	B	0.01%
SF	B	0.01%
EQH	B	0.01%
COF	B	0.01%
IFF	D	0.01%
JPM	A	0.01%
NEE	D	0.01%

VABS Underweight 12 Positions Relative to BCDF

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%
BR	A	-0.97%
BAH	F	-0.75%