See what your fund actually adds
Horizon Kinetics Energy and Remediation ETF NVIR
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | NVIR | Replication |
|---|---|---|
| Annualized growth | 14.7% | 16.7% |
| Annualized volatility | 19.1% | 18.1% |
| Sharpe ratio | 0.82 | 0.94 |
| Maximum drawdown | 20.0% | 18.0% |
| Replication fit (R²) | 0.88 · Tracking error 6.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model NVIR’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLE | Sector · Energy | 69.2% |
| VBK | Small-Cap · Growth | 16.0% |
| IWC | Micro Cap | 7.1% |
| BCI | Alternatives · Commodities | 4.1% |
| XLI | Sector · Industrials | 3.6% |