The ETF invests primarily in the equity securities of domestic and foreign companies expected to benefit, either directly or indirectly, from the increasing focus on climate change and environmentally sensitive carbon-based energy production. A great many businesses will not. The Fund employs a dual, reality-based mandate: (1) companies that produce carbon-based energy positioned to benefit from long-term global demand growth and developing structural supply insufficiency, and (2) remediation companies with existing and/or developing technologies that can alleviate the negative environmental impacts derived from the production and consumption of hydrocarbons.
Data as of: 11/08/2024
-
Ticker
NVIR
-
CUSIP
53656G514
-
ISIN
US53656G5146
-
Fund Type
Active Equity ETF
-
Exchange
NYSE
-
Inception Date
2/21/2023
-
Expense Ratio
0.85%
-
Typical Number of Holdings
30 to 50
-
Net Assets
$3,980,039
Data as of: 11/11/2024
Daily Holdings
-
% Net Assets
7.46%
-
Name
Exxon Mobil Corp
-
Ticker
XOM
-
CUSIP
30231G102
-
Shares Held
2,453
-
Market Value
$297,083
-
% Net Assets
6.21%
-
Name
Texas Pacific Land Corp
-
Ticker
TPL
-
CUSIP
88262P102
-
Shares Held
180
-
Market Value
$247,331
-
% Net Assets
5.17%
-
Name
Williams Cos Inc/The
-
Ticker
WMB
-
CUSIP
969457100
-
Shares Held
3,655
-
Market Value
$205,813
-
% Net Assets
4.06%
-
Name
Cheniere Energy Inc
-
Ticker
LNG
-
CUSIP
16411R208
-
Shares Held
785
-
Market Value
$161,451
-
% Net Assets
4.03%
-
Name
CES Energy Solutions Corp
-
Ticker
CEU CN
-
CUSIP
BZ57CN7
-
Shares Held
24,705
-
Market Value
$160,345
-
% Net Assets
4.03%
-
Name
US BANK MMDA - USBGFS 7 06/01/2031
-
Ticker
USBGFS7
-
CUSIP
8AMMF0FT3
-
Shares Held
160,198
-
Market Value
$160,198
-
% Net Assets
3.88%
-
Name
Diamondback Energy Inc
-
Ticker
FANG
-
CUSIP
25278X109
-
Shares Held
850
-
Market Value
$154,598
-
% Net Assets
3.84%
-
Name
EQT Corp
-
Ticker
EQT
-
CUSIP
26884L109
-
Shares Held
3,705
-
Market Value
$152,720
-
% Net Assets
3.63%
-
Name
PrairieSky Royalty Ltd
-
Ticker
PSK CN
-
CUSIP
BN320L4
-
Shares Held
6,955
-
Market Value
$144,580
-
% Net Assets
3.41%
-
Name
Suncor Energy Inc
-
Ticker
SU
-
CUSIP
867224107
-
Shares Held
3,465
-
Market Value
$135,689
-
% Net Assets
3.31%
-
Name
Expand Energy Corp
-
Ticker
EXE
-
CUSIP
165167735
-
Shares Held
1,425
-
Market Value
$131,798
-
% Net Assets
3.27%
-
Name
EOG Resources Inc
-
Ticker
EOG
-
CUSIP
26875P101
-
Shares Held
970
-
Market Value
$130,096
-
% Net Assets
3.08%
-
Name
ConocoPhillips
-
Ticker
COP
-
CUSIP
20825C104
-
Shares Held
1,100
-
Market Value
$122,749
-
% Net Assets
2.86%
-
Name
Itron Inc
-
Ticker
ITRI
-
CUSIP
465741106
-
Shares Held
920
-
Market Value
$113,832
-
% Net Assets
2.65%
-
Name
Secure Energy Services Inc
-
Ticker
SES CN
-
CUSIP
B55SGV6
-
Shares Held
8,705
-
Market Value
$105,606
-
% Net Assets
2.48%
-
Name
Pentair PLC
-
Ticker
PNR
-
CUSIP
G7S00T104
-
Shares Held
945
-
Market Value
$98,611
-
% Net Assets
2.47%
-
Name
Badger Meter Inc
-
Ticker
BMI
-
CUSIP
056525108
-
Shares Held
440
-
Market Value
$98,327
-
% Net Assets
2.42%
-
Name
Occidental Petroleum Corp
-
Ticker
OXY
-
CUSIP
674599105
-
Shares Held
1,905
-
Market Value
$96,260
-
% Net Assets
2.29%
-
Name
Schlumberger NV
-
Ticker
SLB
-
CUSIP
806857108
-
Shares Held
2,115
-
Market Value
$91,326
-
% Net Assets
2.25%
-
Name
Flowserve Corp
-
Ticker
FLS
-
CUSIP
34354P105
-
Shares Held
1,495
-
Market Value
$89,521
-
% Net Assets
2.07%
-
Name
Ecolab Inc
-
Ticker
ECL
-
CUSIP
278865100
-
Shares Held
330
-
Market Value
$82,513
-
% Net Assets
1.94%
-
Name
Trican Well Service Ltd
-
Ticker
TCW CN
-
CUSIP
2869964
-
Shares Held
22,415
-
Market Value
$77,257
-
% Net Assets
1.83%
-
Name
Fluor Corp
-
Ticker
FLR
-
CUSIP
343412102
-
Shares Held
1,430
-
Market Value
$72,830
-
% Net Assets
1.77%
-
Name
Veralto Corp
-
Ticker
VLTO
-
CUSIP
92338C103
-
Shares Held
666
-
Market Value
$70,296
-
% Net Assets
1.56%
-
Name
Xylem Inc/NY
-
Ticker
XYL
-
CUSIP
98419M100
-
Shares Held
500
-
Market Value
$62,185
-
% Net Assets
1.55%
-
Name
Watts Water Technologies Inc
-
Ticker
WTS
-
CUSIP
942749102
-
Shares Held
295
-
Market Value
$61,493
-
% Net Assets
1.54%
-
Name
Liberty Energy Inc
-
Ticker
LBRT
-
CUSIP
53115L104
-
Shares Held
3,465
-
Market Value
$61,261
-
% Net Assets
1.52%
-
Name
Enerflex Ltd
-
Ticker
EFXT
-
CUSIP
29269R105
-
Shares Held
8,325
-
Market Value
$60,356
-
% Net Assets
1.52%
-
Name
STEP Energy Services Ltd
-
Ticker
STEP CN
-
CUSIP
BD6RP33
-
Shares Held
16,600
-
Market Value
$60,679
-
% Net Assets
1.50%
-
Name
Franklin Electric Co Inc
-
Ticker
FELE
-
CUSIP
353514102
-
Shares Held
555
-
Market Value
$59,829
-
% Net Assets
1.49%
-
Name
Oil States International Inc
-
Ticker
OIS
-
CUSIP
678026105
-
Shares Held
11,300
-
Market Value
$59,325
-
% Net Assets
1.38%
-
Name
Permian Basin Royalty Trust
-
Ticker
PBT
-
CUSIP
714236106
-
Shares Held
4,760
-
Market Value
$55,121
-
% Net Assets
1.32%
-
Name
IDEX Corp
-
Ticker
IEX
-
CUSIP
45167R104
-
Shares Held
230
-
Market Value
$52,557
-
% Net Assets
1.25%
-
Name
TETRA Technologies Inc
-
Ticker
TTI
-
CUSIP
88162F105
-
Shares Held
13,600
-
Market Value
$49,640
-
% Net Assets
1.21%
-
Name
Energy Recovery Inc
-
Ticker
ERII
-
CUSIP
29270J100
-
Shares Held
2,440
-
Market Value
$48,092
-
% Net Assets
1.14%
-
Name
IDEXX Laboratories Inc
-
Ticker
IDXX
-
CUSIP
45168D104
-
Shares Held
105
-
Market Value
$45,494
-
% Net Assets
0.96%
-
Name
San Juan Basin Royalty Trust
-
Ticker
SJT
-
CUSIP
798241105
-
Shares Held
9,483
-
Market Value
$38,122
-
% Net Assets
0.82%
-
Name
Calfrac Well Services Ltd
-
Ticker
CFW CN
-
CUSIP
BNLXSR1
-
Shares Held
11,935
-
Market Value
$32,462
-
% Net Assets
0.78%
-
Name
Sabine Royalty Trust
-
Ticker
SBR
-
CUSIP
785688102
-
Shares Held
493
-
Market Value
$31,158
-
% Net Assets
0.03%
-
Name
Cash & Other
-
Ticker
Cash&Other
-
CUSIP
Cash&Other
-
Shares Held
1,363
-
Market Value
$1,363
Data as of: 11/11/2024
Daily Holdings
-
% Net Assets
Name
Ticker
CUSIP
Shares Held
Market Value
-
7.46%
Exxon Mobil Corp
XOM
30231G102
2,453
$297,083
-
6.21%
Texas Pacific Land Corp
TPL
88262P102
180
$247,331
-
5.17%
Williams Cos Inc/The
WMB
969457100
3,655
$205,813
-
4.06%
Cheniere Energy Inc
LNG
16411R208
785
$161,451
-
4.03%
CES Energy Solutions Corp
CEU CN
BZ57CN7
24,705
$160,345
-
4.03%
US BANK MMDA - USBGFS 7 06/01/2031
USBGFS7
8AMMF0FT3
160,198
$160,198
-
3.88%
Diamondback Energy Inc
FANG
25278X109
850
$154,598
-
3.84%
EQT Corp
EQT
26884L109
3,705
$152,720
-
3.63%
PrairieSky Royalty Ltd
PSK CN
BN320L4
6,955
$144,580
-
3.41%
Suncor Energy Inc
SU
867224107
3,465
$135,689
-
3.31%
Expand Energy Corp
EXE
165167735
1,425
$131,798
-
3.27%
EOG Resources Inc
EOG
26875P101
970
$130,096
-
3.08%
ConocoPhillips
COP
20825C104
1,100
$122,749
-
2.86%
Itron Inc
ITRI
465741106
920
$113,832
-
2.65%
Secure Energy Services Inc
SES CN
B55SGV6
8,705
$105,606
-
2.48%
Pentair PLC
PNR
G7S00T104
945
$98,611
-
2.47%
Badger Meter Inc
BMI
056525108
440
$98,327
-
2.42%
Occidental Petroleum Corp
OXY
674599105
1,905
$96,260
-
2.29%
Schlumberger NV
SLB
806857108
2,115
$91,326
-
2.25%
Flowserve Corp
FLS
34354P105
1,495
$89,521
-
2.07%
Ecolab Inc
ECL
278865100
330
$82,513
-
1.94%
Trican Well Service Ltd
TCW CN
2869964
22,415
$77,257
-
1.83%
Fluor Corp
FLR
343412102
1,430
$72,830
-
1.77%
Veralto Corp
VLTO
92338C103
666
$70,296
-
1.56%
Xylem Inc/NY
XYL
98419M100
500
$62,185
-
1.55%
Watts Water Technologies Inc
WTS
942749102
295
$61,493
-
1.54%
Liberty Energy Inc
LBRT
53115L104
3,465
$61,261
-
1.52%
Enerflex Ltd
EFXT
29269R105
8,325
$60,356
-
1.52%
STEP Energy Services Ltd
STEP CN
BD6RP33
16,600
$60,679
-
1.50%
Franklin Electric Co Inc
FELE
353514102
555
$59,829
-
1.49%
Oil States International Inc
OIS
678026105
11,300
$59,325
-
1.38%
Permian Basin Royalty Trust
PBT
714236106
4,760
$55,121
-
1.32%
IDEX Corp
IEX
45167R104
230
$52,557
-
1.25%
TETRA Technologies Inc
TTI
88162F105
13,600
$49,640
-
1.21%
Energy Recovery Inc
ERII
29270J100
2,440
$48,092
-
1.14%
IDEXX Laboratories Inc
IDXX
45168D104
105
$45,494
-
0.96%
San Juan Basin Royalty Trust
SJT
798241105
9,483
$38,122
-
0.82%
Calfrac Well Services Ltd
CFW CN
BNLXSR1
11,935
$32,462
-
0.78%
Sabine Royalty Trust
SBR
785688102
493
$31,158
-
0.03%
Cash & Other
Cash&Other
Cash&Other
1,363
$1,363
Data as of: 11/08/2024
-
Net Asset Value
$31.84
-
NAV Change
$0.07
-
Median 30 Day Spread
0.44%
-
Market Price
$31.82
-
Market Price Change
$0.05
-
Premium/Discount
$-0.02 | -0.07%
Historical Data
Premium/Discount Range (%)
Date
-
Greatest Premium
0.09% 10/08/2024
-
Greatest Discount
-0.43% 10/28/2024
-
Number of Days At
-
Premium:
6
-
NAV:
3
-
Discount:
20
-
Days Within Percent of NAV
-
Percent of Days +/- 0.5% of NAV:
100%
-
Number of Days +/- 0.5% of NAV:
29
Data as of: 09/30/2024
-
NAV
-
1 Month
-1.20%
-
YTD
12.10%
-
1 Year
8.71%
-
3 Year
--
-
5 Year
--
-
Since Inception Annualized
11.60%
-
Market Value
-
1 Month
-1.26%
-
YTD
12.14%
-
1 Year
8.94%
-
3 Year
--
-
5 Year
--
-
Since Inception Annualized
11.61%
Data as of: 09/30/2024
-
1 Month
YTD
1 Year
3 Year
5 Year
Since Inception Annualized
-
NAV
-1.20%
12.10%
8.71%
--
--
11.60%
-
Market Value
-1.26%
12.14%
8.94%
--
--
11.61%
Latest Distribution History
-
Ex-Dividend Date
Dec 27, 2023
-
Record Date
Dec 28, 2023
-
Payable Date
Dec 29, 2023
-
Income
$0.348408
-
Short Term Capital Gain
$0.00
-
Long Term Capital Gain
$0.00
-
Return of Capital
$0.00
-
Total
$0.348408
Latest Distribution History
-
Ex-Dividend
DateRecord Date
Payable Date
Income
Short Term
Capital GainLong Term
Capital GainReturn of
CapitalTotal
-
Dec 27, 2023
Dec 28, 2023
Dec 29, 2023
$0.348408
$0.00
$0.00
$0.00
$0.348408
Resources
-
NVIR Factsheet
View PDF -
NVIR 2024 Semi Annual Letter
View PDF -
NVIR Presentation
View PDF -
NVIR 3/31/2024 Quarterly Schedule of Portfolio Holdings
View PDF -
NVIR Summary Prospectus
View PDF -
NVIR Prospectus
View PDF -
NVIR Statement of Additional Information
View PDF -
NVIR Semi-Annual Shareholder Report June 30, 2024
View PDF -
Horizon Kinetics ETFs Semi-Annual Report June 30, 2024 (Unaudited)
View PDF -
2023 ETF Distribution
View PDF -
2023 Annual Report
View PDF -
Form N-PX Voting Record
View -
NVIR Fund Update: ESG, Renewable Energy, And What Happens When Investments Are Doing Good But Not Doing Well
View PDF
-
NVIR Factsheet
View PDF -
NVIR 2024 Semi Annual Letter
View PDF -
NVIR Presentation
View PDF -
NVIR 3/31/2024 Quarterly Schedule of Portfolio Holdings
View PDF -
NVIR Summary Prospectus
View PDF -
NVIR Prospectus
View PDF -
NVIR Statement of Additional Information
View PDF -
NVIR Semi-Annual Shareholder Report June 30, 2024
View PDF -
Horizon Kinetics ETFs Semi-Annual Report June 30, 2024 (Unaudited)
View PDF -
2023 ETF Distribution
View PDF -
2023 Annual Report
View PDF -
Form N-PX Voting Record
View -
NVIR Fund Update: ESG, Renewable Energy, And What Happens When Investments Are Doing Good But Not Doing Well
View PDF
Press
-
Replay – Horizon Kinetics Energy & Remediation ETF (NVIR) Webinar (Event Date: 2/27/24)
Watch -
Horizon Kinetics Active ETF 2024 Webinar Series
View PDF -
Steven Tuen on TD Ameritrade The Watch List – Introduction to NVIR (Aired on 3/15/2023)
Watch -
Press Release: Horizon Kinetics Launches the Energy & Remediation ETF (NVIR)
View PDF
-
Replay – Horizon Kinetics Energy & Remediation ETF (NVIR) Webinar (Event Date: 2/27/24)
Watch -
Horizon Kinetics Active ETF 2024 Webinar Series
View PDF -
Steven Tuen on TD Ameritrade The Watch List – Introduction to NVIR (Aired on 3/15/2023)
Watch -
Press Release: Horizon Kinetics Launches the Energy & Remediation ETF (NVIR)
View PDF
IMPORTANT RISK DISCLOSURES
Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a statutory prospectus and summary prospectus by contacting 646-495-7333. Read it carefully before investing.
The Horizon Kinetics Energy and Remediation ETF (Symbol: NVIR) is an exchange traded fund managed by Horizon Kinetics Asset Management LLC (“HKAM”).
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The Fund’s investments in securities linked to real assets involve significant risks, including financial, operating, and competitive risks. Investments in securities linked to real assets expose the Fund to potentially adverse macroeconomic conditions, such as a rise in interest rates or a downturn in the economy in which the asset is located.
The Fund is non‐diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund.
Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.
The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets.
The Fund may invest in the securities of smaller and mid‐capitalization companies, which may be more volatile than funds that invest in larger, more established companies. The fund is actively managed and may be affected by the investment adviser’s security selections.
Diversification does not assure a profit or protect against a loss in a declining market.
HKAM does not provide tax or legal advice, all investors are encouraged to consult their tax and legal advisors regarding an investment in the Fund. You may obtain additional information about HKAM at our website at www.horizonkinetics.com.
No part of this material may be copied, photocopied, or duplicated in any form, by any means, or redistributed without the express written consent of HKAM.
The Horizon Kinetics Energy and Remediation ETF (NVIR) is distributed by Foreside Fund Services, LLC (“Foreside”). Foreside is not affiliated with NVIR or Horizon Kinetics LLC or its subsidiaries.
Energy Sector Risk: The Fund’s investments are exposed to issuers conducting business in the Energy Sector, including energy, industrial, infrastructure, and logistics companies, and is therefore susceptible to the adverse economic, environmental, business, regulatory, or other occurrences affecting the Energy Sector. Companies in the Crude Petroleum and Natural Gas Industry are affected by specific risks, including, among others, fluctuations in commodity prices; reduced consumer demand for commodities such as oil, natural gas, or petroleum products; reduced availability of natural gas or other commodities for transporting, processing, storing, or delivering; slowdowns in new construction; extreme weather or other natural disasters; and threats of attack by terrorists on energy assets. Additionally, Crude Petroleum and Natural Gas Industry companies are subject to substantial government regulation and changes in the regulatory environment for energy companies may adversely impact their profitability.
Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
CPI: The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Dividend yield: Dividend yield equals the annual dividend per share divided by the stock’s price per share.
Stagflation: Persistent high inflation combined with high unemployment and stagnant demand in a country’s economy.
Duration: Bond duration is a measure of how much bond prices are likely to change if and when interest rates move.
Bloomberg Barclays US Aggregate Bond Index: The Bloomberg Barclays US Aggregate Bond Index is a broad-based benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate pass-throughs), ABS and CMBS (agency and non-agency). An investor cannot invest directly in an index.
Basis points: Basis points are a common unit of measure for percentages in finance. One basis point is equal to 1/100th of 1%.
Yield to worst: The yield to worst is the minimum yield that can be received on a bond, assuming the issuer doesn’t default.
S&P 500 Index: The S&P 500®️️ Index represents an unmanaged, broad-based basket of stocks. It is typically used as a proxy for overall market performance.
Beta: The beta of a security is a measurement of its volatility of returns relative to the entire market. It is used as a measure of risk.