BCDF vs. MISL ETF Comparison

Comparison of Horizon Kinetics Blockchain Development ETF (BCDF) to First Trust Indxx Aerospace & Defense ETF (MISL)

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

$29.64

Average Daily Volume

1,364

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

MISL

First Trust Indxx Aerospace & Defense ETF

MISL Description

The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.

Grade (RS Rating)

Last Trade

$31.86

Average Daily Volume

32,071

Number of Holdings ^*

32

* may have additional holdings in another (foreign) market

Performance

Period	BCDF	MISL
30 Days	3.20%	-1.73%
60 Days	8.06%	1.94%
90 Days	10.09%	2.72%
12 Months	31.39%	33.17%

2 Overlapping Holdings

	Symbol	Grade	Weight in BCDF	Weight in MISL	Overlap
	CACI	D	6.6%	3.04%	3.04%
	SAIC	F	3.52%	1.73%	1.73%

BCDF Overweight 11 Positions Relative to MISL

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

BCDF Underweight 30 Positions Relative to MISL

	Symbol	Grade	Weight
	GD	D	-7.96%
	RTX	D	-7.82%
	BA	F	-7.46%
	TDG	D	-7.35%
	LMT	D	-7.27%
	HWM	A	-4.44%
	HEI	A	-4.26%
	LHX	C	-4.11%
	LDOS	C	-4.09%
	TXT	D	-3.99%
	NOC	D	-3.86%
	CW	C	-3.83%
	PSN	D	-2.95%
	WWD	C	-2.86%
	RKLB	A	-2.39%
	KBR	F	-2.22%
	HII	F	-2.12%
	NPAB	F	-2.1%
	MOG.A	B	-1.93%
	AVAV	C	-1.59%
	HXL	F	-1.36%
	KTOS	B	-1.06%
	SPR	D	-0.98%
	AIR	B	-0.67%
	MRCY	C	-0.67%
	TGI	B	-0.38%
	LUNR	B	-0.36%
	DCO	C	-0.28%
	ATRO	D	-0.16%
	NPK	B	-0.15%

BCDF: Top Represented Industries & Keywords

Industries: Financial Data & Stock Exchanges Capital Markets Business Services Information Technology Services Asset Management REIT - Diversified

Keywords: S&P 500 Credit Default Swap Market Data Swaps Brokerage Electronic Trading Exchange Traded Fund Exchange Traded Funds Futures Exchange Futures Exchanges CME Group Central Securities Depositories Computer Security Enterprise Information Technology Federal Government Financial Advisors Futures Products Homeland Security Interest Rate Swap Investment Bank

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Diversified Industrials Communication Equipment Computer Systems Engineering & Construction Security & Protection Services Shell Companies Specialty Industrial Machinery

Keywords: Aerospace S&P 500 Department Of Defense Avionics Weapons Engineering Services Helicopter National Security Radar Space Systems Actuator Aerostructure Aviation Defense Systems Electronics Microwave Test Systems U.S. Department Of Defense Aerospace Systems Combat Systems