{
  "page": "compare",
  "query": {
    "a": "LSHEX",
    "b": "BCDF"
  },
  "retrieved_at": "2026-07-07T16:58:13+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Kinetics Spin-Off and Corporate Restructuring Fund",
    "ticker": "LSHEX",
    "slug": "LSHEX",
    "series_id": "S000058593",
    "html_url": "https://fundwatcher.app/funds/LSHEX/"
  },
  "fund_b": {
    "name": "Horizon Kinetics Blockchain Development ETF",
    "ticker": "BCDF",
    "slug": "BCDF",
    "series_id": "S000076848",
    "html_url": "https://fundwatcher.app/funds/BCDF/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1321279638941084560272518464",
    "coverage_b_by_a": "0.1321279638941084560272518464",
    "shared_count": 8,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "TEXAS PACIFIC LAND CORP",
        "value": "30925651.52",
        "weight": "0.76917829",
        "shared": false
      },
      {
        "name": "US BANK MMDA - USBGFS 7",
        "value": "2366886.72",
        "weight": "0.05886886",
        "shared": true
      },
      {
        "name": "Landbridge Company, LLC",
        "value": "1979663.50",
        "weight": "0.04923790",
        "shared": true
      },
      {
        "name": "ASSOCIATED CAPITAL GROUP INC W/I",
        "value": "1347990.00",
        "weight": "0.03352701",
        "shared": false
      },
      {
        "name": "HAWAIIAN ELECTRIC INDS INC",
        "value": "1230236.00",
        "weight": "0.03059825",
        "shared": true
      },
      {
        "name": "GAMCO INVSTRS. INC",
        "value": "408000.00",
        "weight": "0.01014772",
        "shared": false
      },
      {
        "name": "WATERBRIDGE IN-A",
        "value": "377685.42",
        "weight": "0.00939374",
        "shared": false
      },
      {
        "name": "PRAIRIESKY ROYALTY LTD",
        "value": "277765.80",
        "weight": "0.00690855",
        "shared": false
      },
      {
        "name": "Civeo Corporation",
        "value": "238140.00",
        "weight": "0.00592298",
        "shared": false
      },
      {
        "name": "Grayscale Bitcoin Mini Trust ETF",
        "value": "146471.16",
        "weight": "0.00364301",
        "shared": true
      },
      {
        "name": "WHITE MOUNTAINS INS GROUP LTD",
        "value": "127423.68",
        "weight": "0.00316926",
        "shared": false
      },
      {
        "name": "SB Technology Inc",
        "value": "100007.31",
        "weight": "0.00248737",
        "shared": false
      },
      {
        "name": "BOLT DATA & ENERGY INC.",
        "value": "100000.00",
        "weight": "0.00248719",
        "shared": false
      },
      {
        "name": "MIAMI INTERNATIONAL HOLDINGS INC",
        "value": "99168.16",
        "weight": "0.00246650",
        "shared": true
      },
      {
        "name": "ATLANTA BRAVES HOLDINGS INC",
        "value": "72333.80",
        "weight": "0.00179908",
        "shared": false
      },
      {
        "name": "GALAXY DIGITAL INC A",
        "value": "66420.00",
        "weight": "0.00165199",
        "shared": true
      },
      {
        "name": "EAGLE MATERIALS INC",
        "value": "64791.90",
        "weight": "0.00161149",
        "shared": false
      },
      {
        "name": "FAIRFAX INDI-SVS",
        "value": "44940.00",
        "weight": "0.00111774",
        "shared": false
      },
      {
        "name": "Urbana Corp.",
        "value": "43065.73",
        "weight": "0.00107112",
        "shared": false
      },
      {
        "name": "TXSE Group, Inc",
        "value": "29900.00",
        "weight": "0.00074367",
        "shared": false
      },
      {
        "name": "GENERAL ELECTRIC CO",
        "value": "28377.00",
        "weight": "0.00070579",
        "shared": false
      },
      {
        "name": "LIBERTY ENERGY INC CL A",
        "value": "27993.60",
        "weight": "0.00069625",
        "shared": false
      },
      {
        "name": "GE VERNOVA LLC",
        "value": "21822.50",
        "weight": "0.00054277",
        "shared": false
      },
      {
        "name": "Grayscale Bitcoin Cash Trust",
        "value": "20344.55",
        "weight": "0.00050601",
        "shared": false
      },
      {
        "name": "MESABI TRUST",
        "value": "17325.00",
        "weight": "0.00043090",
        "shared": false
      },
      {
        "name": "Urbana Corp. (Non-Voting)",
        "value": "9948.96",
        "weight": "0.00024745",
        "shared": true
      },
      {
        "name": "KNIFE RIVER HOLDING CO W/I",
        "value": "8165.00",
        "weight": "0.00020308",
        "shared": false
      },
      {
        "name": "SHS BEN INT",
        "value": "5609.32",
        "weight": "0.00013951",
        "shared": false
      },
      {
        "name": "SEAPORT ENTERTAINMENT GROUP INC",
        "value": "4038.24",
        "weight": "0.00010044",
        "shared": false
      },
      {
        "name": "Partners Value Investments LP",
        "value": "3845.88",
        "weight": "0.00009565",
        "shared": false
      },
      {
        "name": "FAIRFAX FINL HLDGS LTD SUB VTG",
        "value": "3404.00",
        "weight": "0.00008466",
        "shared": false
      },
      {
        "name": "TOEI ANIMATION",
        "value": "3270.22",
        "weight": "0.00008134",
        "shared": true
      },
      {
        "name": "Grayscale Bitcoin Trust ETF",
        "value": "3165.60",
        "weight": "0.00007873",
        "shared": false
      },
      {
        "name": "Anglo American PLC - ADR",
        "value": "1362.06",
        "weight": "0.00003388",
        "shared": false
      },
      {
        "name": "ECHOSTAR CORP CL A",
        "value": "468.28",
        "weight": "0.00001165",
        "shared": false
      },
      {
        "name": "VALTERRA PLATINUM LTD ADR",
        "value": "311.08",
        "weight": "0.00000774",
        "shared": false
      },
      {
        "name": "Grayscale Litecoin Trust",
        "value": "97.92",
        "weight": "0.00000244",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "US BANK MMDA - USBGFS 7",
        "value": "1536459.77",
        "weight": "0.07448141",
        "shared": true
      },
      {
        "name": "CBOE GLOBAL MARKETS INC",
        "value": "1532955.78",
        "weight": "0.07431155",
        "shared": false
      },
      {
        "name": "Urbana Corp. (Non-Voting)",
        "value": "1509217.51",
        "weight": "0.07316081",
        "shared": true
      },
      {
        "name": "SINGAPORE EXCH",
        "value": "1313588.65",
        "weight": "0.06367751",
        "shared": false
      },
      {
        "name": "TMX GROUP LTD",
        "value": "1129264.81",
        "weight": "0.05474223",
        "shared": false
      },
      {
        "name": "INTERCONTINENTAL EXCHANGE INC",
        "value": "1053304.16",
        "weight": "0.05105996",
        "shared": false
      },
      {
        "name": "DEUTSCHE BOERSE",
        "value": "1024478.74",
        "weight": "0.04966262",
        "shared": false
      },
      {
        "name": "CACI INTL-A",
        "value": "1022475.60",
        "weight": "0.04956551",
        "shared": false
      },
      {
        "name": "NASDAQ INC",
        "value": "980988.84",
        "weight": "0.04755440",
        "shared": false
      },
      {
        "name": "HAWAIIAN ELECTRIC INDS INC",
        "value": "936107.20",
        "weight": "0.04537872",
        "shared": true
      },
      {
        "name": "JAPAN EXCHANGE G",
        "value": "813078.30",
        "weight": "0.03941477",
        "shared": false
      },
      {
        "name": "MIAMI INTERNATIONAL HOLDINGS INC",
        "value": "714065.24",
        "weight": "0.03461502",
        "shared": true
      },
      {
        "name": "Landbridge Company, LLC",
        "value": "713148.40",
        "weight": "0.03457057",
        "shared": true
      },
      {
        "name": "WISDOMTREE INVESTMENTS INC",
        "value": "660441.60",
        "weight": "0.03201556",
        "shared": false
      },
      {
        "name": "TRADEWEB MARKETS INC A",
        "value": "621597.78",
        "weight": "0.03013257",
        "shared": false
      },
      {
        "name": "ASX LTD",
        "value": "596728.72",
        "weight": "0.02892701",
        "shared": false
      },
      {
        "name": "GALAXY DIGITAL INC A",
        "value": "584698.95",
        "weight": "0.02834386",
        "shared": true
      },
      {
        "name": "SCIENCE APPLICATIONS INTERNATIONAL CORP",
        "value": "546454.44",
        "weight": "0.02648992",
        "shared": false
      },
      {
        "name": "LONDON STOCK EXCHANGE GRP",
        "value": "546343.71",
        "weight": "0.02648455",
        "shared": false
      },
      {
        "name": "CME GROUP INC CL A",
        "value": "504457.80",
        "weight": "0.02445409",
        "shared": false
      },
      {
        "name": "OTC Markets Group, Inc., Class A",
        "value": "472776.96",
        "weight": "0.02291833",
        "shared": false
      },
      {
        "name": "EURONEXT NV",
        "value": "425761.03",
        "weight": "0.02063919",
        "shared": false
      },
      {
        "name": "MARKETAXESS HLDGS INC",
        "value": "338868.92",
        "weight": "0.01642701",
        "shared": false
      },
      {
        "name": "BROADRIDGE FINL",
        "value": "311474.16",
        "weight": "0.01509902",
        "shared": false
      },
      {
        "name": "Grayscale Bitcoin Mini Trust ETF",
        "value": "157627.44",
        "weight": "0.00764115",
        "shared": true
      },
      {
        "name": "TOEI ANIMATION",
        "value": "139789.74",
        "weight": "0.00677645",
        "shared": true
      },
      {
        "name": "IG PORT INC",
        "value": "123274.88",
        "weight": "0.00597587",
        "shared": false
      },
      {
        "name": "BAKKT INC A",
        "value": "106881.92",
        "weight": "0.00518121",
        "shared": false
      },
      {
        "name": "NZX LTD",
        "value": "86468.97",
        "weight": "0.00419167",
        "shared": false
      },
      {
        "name": "BOOZ ALLEN HAMILTON HLDG CL A",
        "value": "81229.23",
        "weight": "0.00393767",
        "shared": false
      },
      {
        "name": "CIRCLE INTERNET GROUP INC A",
        "value": "20608.56",
        "weight": "0.00099902",
        "shared": false
      },
      {
        "name": "FERMI INC",
        "value": "10698.88",
        "weight": "0.00051864",
        "shared": false
      },
      {
        "name": "IREN LTD",
        "value": "7404.48",
        "weight": "0.00035894",
        "shared": false
      },
      {
        "name": "TEL AVIV STOCK E",
        "value": "4740.71",
        "weight": "0.00022981",
        "shared": false
      },
      {
        "name": "THARIMMUNE INC",
        "value": "1308.00",
        "weight": "0.00006341",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000894189-26-016407",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1083387/000089418926016407/0000894189-26-016407-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001193125-26-236585",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1683471/000119312526236585/0001193125-26-236585-index.htm"
    }
  ]
}