NVIR ETF — Horizon Kinetics Energy and Remediation ETF

Horizon Kinetics Energy and Remediation ETF (NVIR)

Updated October 16, 2026.

NVIR is an ETF. its distribution rate is 0.74%, its trailing-12-month yield is 0.74%, its expense ratio is 0.85%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 69.5% over the past 3.6 years, 31.3 points behind SPY at 100.8%.

Horizon Kinetics Energy and Remediation ETF is an actively managed exchange-traded fund that invests primarily in companies expected to benefit from increased focus on climate and environmentally sensitive carbon-based energy production. The fund carries a modest current distribution rate and makes annual distributions, with an expense ratio of 0.85%. It may appeal to income-focused investors interested in energy and environmental remediation sectors, though as a non-diversified fund it carries higher concentration risk than broadly diversified alternatives.

NVIR performance versus SPY

Price and return data through 2026-10-16.

Total return is 69.5% over the past 3.6 years, 31.3 points behind SPY at 100.8%. Over the past year its total return — price change plus distributions reinvested — is 28.6%. Its deepest 1-year drawdown was 9.1%.

NVIR key facts

Distribution Safety Score™

50 · Unproven

Issuer

Horizon Kinetics

Asset type

ETF

Asset class

Equity

Inception date

02/21/2023

Expense ratio

0.85%

Distribution rate

0.74%

Distribution frequency

Annual

Trailing yield

0.74%

Last close

$40.15 (as of 2026-10-16)

AUM

$4,956,111

Average volume

28.0

Dividend

$0.299

Ex-dividend date

12/23/2025

Payment date

12/24/2025

Beta

0.34

How Dividend Vision calculates yield and returns

Distribution rate (0.74%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.74%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Horizon Kinetics; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NVIR risks and drawbacks

NVIR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.1%.

Who may consider NVIR — and who may not

It is a weaker fit for investors who need monthly cash flow (NVIR pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NVIR

• All tickers starting with N

Tagged: Energy.

Frequently asked questions

More securities from Horizon Kinetics.