# NVIR (Horizon Kinetics Energy and Remediation ETF)

Horizon Kinetics · Thematic ETFs · data as of Sep 18, 2026

NVIR holds 39 stocks, and 58% of its weight is outside the S&P 500.

## Key facts

- NVIR, already in the S&P 500: 41.9%, as of Sep 18, 2026.
- NVIR, active share vs the S&P 500: 98.0%, as of Sep 18, 2026.
- NVIR, top ten holdings: 46.7%, as of Sep 18, 2026.
- NVIR, total return, 1 year: +25.8%, as of Sep 18, 2026.
- NVIR, net assets: $6m (SEC filing, whole fund, as filed for Jun 30, 2026).
- NVIR, expense ratio: 0.85% (485BPOS XBRL, Apr 27, 2026).

## NVIR over each window to Sep 18, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +5.4% | +2.3% | +3.2 pts | +7.9 pts |
| 6 months | −1.3% | +18.0% | −19.3 pts | −25.6 pts |
| 1 year | +25.8% | +16.6% | +9.2 pts | +4.0 pts |
| 3 years | +48.9% | +78.4% | −29.5 pts | −49.2 pts |
| Since launch | +66.7% | +100.4% | −33.7 pts | −83.5 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Energy transition and decarbonisation | ETFIQ, editorial |
| Launched | Feb 22, 2023 | ETFIQ |
| Already in the S&P 500, by weight | 41.9% | ETFIQ |
| Active share vs the S&P 500 | 98.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 4.2% | ETFIQ |
| Active share vs the Nasdaq-100 | 99.6% | ETFIQ |
| Top ten holdings weight | 46.7% | ETFIQ |
| Holdings | 39 | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| Top holdings | Texas Pacific Land Corp 6.2%, CES Energy Solutions Corp 6.0%, Williams Cos Inc/The 5.6%, WaterBridge Infrastructure LLC 5.3%, Enerflex Ltd 4.2%, EQT Corp 4.1%, Permian Basin Royalty Trust 4.0%, Cheniere Energy Inc 3.9%, Suncor Energy Inc 3.9%, Select Water Solutions Inc 3.5% | ETFIQ |
| Net assets | $6m | SEC filing, whole fund, as filed for Jun 30, 2026 |
| Below its all-time high | −4.2% | ETFIQ |
| Expense ratio | 0.85% | 485BPOS XBRL, Apr 27, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.87% | ETFIQ |
| Closest funds by holdings overlap | WR 20%, NBET 20%, TSES 16%, FIW 15%, PHO 14% | ETFIQ |

## Questions

### How much of NVIR is in S&P 500 companies?

By its holdings filed for Jun 30, 2026, 42% of NVIR by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.

### What does NVIR hold?

39 positions as filed for Jun 30, 2026, with the top ten at 47% of the fund. The largest are Texas Pacific Land Corp at 6.2%, CES Energy Solutions Corp at 6.0%, Williams Cos Inc/The at 5.6%.

### Has NVIR beaten the S&P 500?

Over the year to Sep 18, 2026 NVIR returned +25.8% with distributions reinvested, against +16.6% for the S&P 500, so it finished ahead of the index by 9.2 points.

### What does NVIR cost?

The prospectus expense ratio is 0.85% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.87%.


## Cite this page

ETFIQ, NVIR, data as of Sep 18, 2026. https://etfiq.com/funds/nvir
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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