Horizon Kinetics Energy Remediation ETF (NVIR) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing in companies involved in energy remediation, environmental cleanup, and related technologies within the energy sector. The fund's portfolio emphasizes firms engaged in the remediation of legacy energy infrastructure, including oil and gas site restoration, nuclear decommissioning, contaminated soil and groundwater treatment, and waste management services; it targets small- and mid-cap companies with specialized capabilities in these areas, such as soil vapor extraction, bioremediation, and advanced filtration systems. NVIR operates primarily in the United States market, with exposure to domestic energy producers and service providers addressing environmental liabilities from fossil fuel operations.
Launched in 2024 and domiciled in the United States with administrative oversight from Horizon Kinetics, the ETF focuses on undervalued opportunities in the transition from traditional energy to sustainable remediation practices, serving institutional and retail investors interested in thematic environmental investing. In late 2025, NVIR expanded its holdings through strategic allocations to emerging remediation technologies amid heightened regulatory pressures on energy firms for site cleanups; the fund also benefited from a key partnership between its advisor, Horizon Kinetics, and select portfolio companies advancing in-situ chemical oxidation methods. These developments reflect ongoing portfolio adjustments to capitalize on increased federal funding for brownfield revitalization under recent infrastructure acts, positioning NVIR for growth in a niche segment of the $100 billion-plus U.S. remediation industry.