NVIR vs. CBSE ETF Comparison

Comparison of Listed Funds Trust Horizon Kinetics Energy and Remediation ETF (NVIR) to Changebridge Capital Sustainable Equity ETF (CBSE)

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

$27.51

Average Daily Volume

566

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CBSE

Changebridge Capital Sustainable Equity ETF

CBSE Description

The investment seeks capital appreciation and lower volatility than the broader market. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing securities Changebridge Capital, LLC, the fund's investment adviser, believes to have above-average financial characteristics and growth potential that exhibit positive ESG attributes. Under normal circumstances, it will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, including common stocks and depositary receipts, of sustainable companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.81

Average Daily Volume

778

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NVIR	CBSE
30 Days	-2.17%	-3.28%
60 Days	1.93%	-1.58%
90 Days	7.84%	5.96%
12 Months	16.98%	18.89%

1 Overlapping Holdings

	Symbol	Grade	Weight in NVIR	Weight in CBSE	Overlap
	CHK	B	3.6%	2.56%	2.56%

NVIR Overweight 7 Positions Relative to CBSE

Symbol	Grade	Weight
FANG	B	4.79%
PXD	A	4.11%
WMB	A	4.05%
COP	B	3.98%
EQT	B	3.91%
XOM	B	3.89%
LNG	D	3.6%

NVIR Underweight 35 Positions Relative to CBSE

Symbol	Grade	Weight
TCOM	A	-3.46%
AVGO	D	-3.37%
HUMA	A	-3.34%
ASML	D	-3.3%
AAPL	F	-3.06%
STRL	D	-2.97%
MSFT	C	-2.85%
LRCX	D	-2.81%
NU	C	-2.74%
SKY	D	-2.71%
MU	B	-2.7%
EG	D	-2.68%
IBN	A	-2.6%
ECL	B	-2.6%
TSM	C	-2.58%
PANW	B	-2.58%
ICFI	C	-2.54%
SN	A	-2.52%
DKNG	C	-2.5%
TDG	A	-2.49%
FCX	A	-2.45%
TMDX	A	-2.44%
ERJ	A	-2.42%
NARI	D	-2.42%
MMYT	A	-2.4%
NOC	A	-2.34%
FTI	B	-2.32%
BLBD	D	-2.2%
INDI	D	-2.09%
WTTR	B	-2.05%
NVDA	C	-2.04%
NFE	F	-2.02%
GTLS	D	-1.97%
HLX	B	-1.87%
RIG	F	-1.68%