XLE vs. NVIR ETF Comparison

Comparison of SPDR Select Sector Fund - Energy Select Sector (XLE) to Listed Funds Trust Horizon Kinetics Energy and Remediation ETF (NVIR)

XLE

SPDR Select Sector Fund - Energy Select Sector

XLE Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.27

Average Daily Volume

14,000,130

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$33.49

Average Daily Volume

596

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLE	NVIR
30 Days	8.31%	13.90%
60 Days	9.14%	13.99%
90 Days	8.50%	14.63%
12 Months	18.96%	28.12%

8 Overlapping Holdings

Symbol	Grade	Weight in XLE	Weight in NVIR	Overlap
COP	C	7.49%	3.11%	3.11%
EOG	A	4.54%	3.28%	3.28%
EQT	B	1.81%	3.97%	1.81%
FANG	D	2.34%	3.88%	2.34%
OXY	D	2.36%	2.41%	2.36%
SLB	C	4.25%	2.3%	2.3%
WMB	A	4.85%	5.08%	4.85%
XOM	B	21.93%	7.4%	7.4%

XLE Overweight 14 Positions Relative to NVIR

Symbol	Grade	Weight
CVX	A	15.51%
OKE	A	4.52%
PSX	C	3.78%
KMI	A	3.69%
MPC	D	3.68%
VLO	C	3.17%
TRGP	B	3.0%
BKR	B	2.94%
HES	B	2.79%
HAL	C	1.85%
DVN	F	1.67%
CTRA	B	1.33%
MRO	B	1.12%
APA	D	0.57%

XLE Underweight 21 Positions Relative to NVIR

Symbol	Grade	Weight
TPL	A	-6.13%
LNG	B	-4.14%
ITRI	B	-2.71%
PNR	A	-2.5%
BMI	B	-2.42%
FLS	B	-2.21%
ECL	D	-2.04%
FLR	B	-1.82%
VLTO	D	-1.72%
WTS	B	-1.56%
OIS	C	-1.52%
XYL	D	-1.52%
PBT	C	-1.52%
LBRT	D	-1.5%
FELE	B	-1.48%
IEX	B	-1.32%
TTI	C	-1.31%
ERII	D	-1.16%
IDXX	F	-1.11%
SJT	C	-0.95%
SBR	B	-0.77%