BCDF vs. SHLD ETF Comparison

Comparison of Horizon Kinetics Blockchain Development ETF (BCDF) to Global X Defense Tech ETF (SHLD)

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

$29.21

Average Daily Volume

1,386

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$39.45

Average Daily Volume

283,712

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

Performance

Period	BCDF	SHLD
30 Days	1.59%	0.64%
60 Days	6.51%	5.95%
90 Days	10.03%	7.64%
12 Months	29.74%	44.86%

0 Overlapping Holdings

	Symbol	Grade	Weight in BCDF	Weight in SHLD	Overlap

BCDF Overweight 13 Positions Relative to SHLD

	Symbol	Grade	Weight
	CACI	D	6.6%
	CBOE	C	5.72%
	ICE	D	5.39%
	NDAQ	A	5.1%
	TW	A	4.5%
	WT	A	3.82%
	SAIC	F	3.52%
	MKTX	D	2.8%
	CME	A	1.99%
	APLD	B	1.34%
	DBRG	F	0.98%
	BR	B	0.97%
	BAH	F	0.75%

BCDF Underweight 17 Positions Relative to SHLD

	Symbol	Grade	Weight
	PLTR	B	-10.38%
	LMT	D	-7.91%
	RTX	D	-7.85%
	NOC	D	-7.31%
	GD	D	-6.94%
	LDOS	C	-4.86%
	LHX	B	-4.35%
	BWXT	B	-4.01%
	PSN	D	-3.92%
	HII	F	-2.66%
	MOG.A	B	-2.07%
	AVAV	C	-2.02%
	KTOS	C	-1.35%
	OSIS	A	-0.81%
	MRCY	C	-0.8%
	NPK	C	-0.13%
	BBAI	C	-0.05%

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

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Communication Equipment Computer Systems Diversified Industrials Electronic Components Security & Protection Services Software - Infrastructure

Keywords: S&P 500 Aerospace Department Of Defense National Security Avionics Big Data Combat Systems Communications Systems Computing Cybersecurity Electronic Systems Engineering Services Homeland Security Modeling And Simulation Radar Space Systems United States Navy Weapons Aerospace Systems Air Force