Horizon Kinetics Energy and Remediation ETFHorizon Kinetics Energy and Remediation ETFHorizon Kinetics Energy and Remediation ETF

Horizon Kinetics Energy and Remediation ETF

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Key stats


Assets under management (AUM)
‪4.01 M‬USD
Fund flows (1Y)
−198.00USD
Dividend yield (indicated)
1.44%
Discount/Premium to NAV
0.06%
Shares outstanding
‪124.98 K‬
Expense ratio
0.85%

About Horizon Kinetics Energy and Remediation ETF


Brand
Horizon
Inception date
Feb 22, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Horizon Kinetics Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US53656G5146
NVIR seeks long-term capital growth through investments in a narrow basket of stocks focused on two main categories, energy companies and related remediation companies. Using a value-driven, bottom-up, fundamental approach, the fund adviser selects 30 to 60 stocks positioned to potentially benefit from the increasing demand for hydrocarbon-based energy production, as well as firms developing technologies that minimize the environmental impacts of fossil fuels. Such companies may include those engaged in the production of oil and gas, owners of pipeline networks, gas exploration firms, water treatment systems developers, technological developers of carbon dioxide capture and storage, and environmental-friendly carbon consumption and production. The fund may invest in common or preferred stock and units of royalty trusts. The adviser expects to sell securities when they no longer fit the investment thesis or no longer attractively valued.

Broaden your horizons with more funds linked to NVIR via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Producer Manufacturing
Industrial Services
Miscellaneous
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NVIR trades at 31.26 USD today, its price has fallen −2.64% in the past 24 hours. Track more dynamics on NVIR price chart.
NVIR net asset value is 31.24 today — it's risen 0.39% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NVIR assets under management is ‪4.01 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NVIR price has risen by 0.70% over the last month, and its yearly performance shows a 2.89% increase. See more dynamics on NVIR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.39% over the last month, showed a 1.00% increase in three-month performance and has increased by 4.83% in a year.
NVIR fund flows account for −198.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NVIR invests in stocks. See more details in our Analysis section.
NVIR expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NVIR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NVIR technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NVIR shows the buy signal. See more of NVIR technicals for a more comprehensive analysis.
Yes, NVIR pays dividends to its holders with the dividend yield of 1.44%.
NVIR trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NVIR shares are issued by Horizon Kinetics Holding Corp.
NVIR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 22, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.