INFL vs. BCDF ETF Comparison

Comparison of Horizon Kinetics Inflation Beneficiaries ETF (INFL) to Horizon Kinetics Blockchain Development ETF (BCDF)

INFL

Horizon Kinetics Inflation Beneficiaries ETF

INFL Description

The investment seeks long-term growth of capital in real (inflation-adjusted) terms. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.75

Average Daily Volume

169,632

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

$29.64

Average Daily Volume

1,364

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INFL	BCDF
30 Days	4.14%	3.20%
60 Days	10.90%	8.06%
90 Days	12.31%	10.09%
12 Months	36.40%	31.39%

3 Overlapping Holdings

Symbol	Grade	Weight in INFL	Weight in BCDF	Overlap
CACI	D	3.57%	6.6%	3.57%
DBRG	F	1.7%	0.98%	0.98%
ICE	C	4.32%	5.39%	4.32%

INFL Overweight 13 Positions Relative to BCDF

Symbol	Grade	Weight
TPL	A	9.35%
LNG	A	3.06%
MMC	B	2.82%
ADM	D	2.34%
BG	D	2.21%
WFG	C	2.15%
JOE	F	1.19%
MSB	A	0.98%
PBT	B	0.94%
RPRX	D	0.73%
DMLP	A	0.54%
SBR	B	0.49%
SJT	C	0.41%

INFL Underweight 10 Positions Relative to BCDF

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