NVIR vs. VRAI ETF Comparison

Comparison of Listed Funds Trust Horizon Kinetics Energy and Remediation ETF (NVIR) to Virtus Real Asset Income ETF (VRAI)

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

$32.47

Average Daily Volume

602

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.67

Average Daily Volume

1,070

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NVIR	VRAI
30 Days	8.23%	0.09%
60 Days	11.57%	0.57%
90 Days	13.30%	2.09%
12 Months	24.33%	15.35%

4 Overlapping Holdings

Symbol	Grade	Weight in NVIR	Weight in VRAI	Overlap
COP	B	3.11%	1.14%	1.14%
EOG	A	3.28%	1.2%	1.2%
FANG	C	3.88%	1.13%	1.13%
SBR	B	0.77%	1.17%	0.77%

NVIR Overweight 25 Positions Relative to VRAI

Symbol	Grade	Weight
XOM	A	7.4%
TPL	A	6.13%
WMB	A	5.08%
LNG	A	4.14%
EQT	A	3.97%
ITRI	B	2.71%
PNR	B	2.5%
BMI	B	2.42%
OXY	D	2.41%
SLB	C	2.3%
FLS	A	2.21%
ECL	D	2.04%
FLR	B	1.82%
VLTO	C	1.72%
WTS	B	1.56%
OIS	B	1.52%
XYL	D	1.52%
PBT	B	1.52%
LBRT	F	1.5%
FELE	B	1.48%
IEX	B	1.32%
TTI	B	1.31%
ERII	D	1.16%
IDXX	F	1.11%
SJT	D	0.95%

NVIR Underweight 74 Positions Relative to VRAI

Symbol	Grade	Weight
TS	B	-1.4%
FDP	A	-1.33%
SKT	A	-1.28%
SPOK	B	-1.27%
ROIC	A	-1.25%
NRP	B	-1.25%
CCOI	B	-1.24%
GPRK	C	-1.23%
CTRA	B	-1.21%
DMLP	A	-1.21%
KIM	A	-1.2%
PNM	B	-1.2%
NI	A	-1.19%
ARLP	A	-1.19%
IVT	A	-1.18%
GGB	C	-1.18%
WEC	A	-1.17%
APLE	B	-1.17%
OVV	B	-1.17%
RHP	B	-1.17%
BRX	A	-1.17%
KRP	B	-1.16%
ADC	A	-1.16%
OGS	A	-1.16%
REG	A	-1.16%
ENIC	B	-1.15%
AAT	A	-1.15%
PTEN	C	-1.14%
LNT	A	-1.14%
OUT	A	-1.14%
BSM	B	-1.14%
SBSW	F	-1.13%
SCCO	F	-1.13%
KT	A	-1.13%
NJR	A	-1.13%
NFE	F	-1.12%
HESM	A	-1.11%
AVA	C	-1.11%
MAA	B	-1.11%
EPRT	A	-1.1%
CMS	C	-1.1%
VALE	F	-1.09%
HST	D	-1.09%
CPT	C	-1.09%
CIG	A	-1.08%
FR	D	-1.08%
PAA	B	-1.08%
PBR	C	-1.08%
PAGP	A	-1.07%
EPR	D	-1.06%
EGP	D	-1.06%
WES	C	-1.06%
SID	D	-1.06%
DVN	F	-1.06%
GFI	D	-1.05%
INVH	D	-1.05%
BNL	D	-1.04%
EQNR	C	-1.03%
AEP	C	-1.03%
PSA	D	-1.03%
EXR	C	-1.02%
CWEN	C	-1.02%
ES	C	-1.02%
TRNO	D	-1.01%
CUBE	D	-1.0%
CCI	C	-1.0%
APA	F	-0.99%
NSA	C	-0.99%
EC	D	-0.93%
AMT	D	-0.93%
REXR	F	-0.92%
BRY	F	-0.91%
IIPR	F	-0.86%
NEP	F	-0.67%