BKCH

Global X Blockchain ETF

BKCH tracks a market-cap-weighted index of global companies involved in blockchain technologies.


Rules-Based, Concentrated

MANAGEMENT MATRIX

IBLC

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorGlobal X
CategoryGlobal Equities
Asset classEquity
Websitelink...
Inception dateJul 14, 2021
Assets (mns)$156
Expense ratio50 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-annual
Taxation1099
Stock selectionMarket Cap
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
CLEANSPARK, INC. 18.2 %
MARATHON DIGITAL HOLDINGS INC 16.6 %
COINBASE GLOBAL, INC. CLASS A 14.4 %
RIOT BLOCKCHAIN INC 9.6 %
BITFARMS LTD. 6.4 %
IRIS ENERGY LTD. 4.1 %
GALAXY DIGITAL HOLDINGS LTD. 3.7 %
TERAWULF INC. 3.1 %
BIT DIGITAL, INC. 3.0 %
HIVE BLOCKCHAIN TECHNOLOGIES LTD 2.3 %
Constituent Breakdown
Number of holdings25
Herfindahl-Hirschman Index 886
Wgt avg mkt cap (mns)$38,270
Large cap (>$10bn)20.9%
Mid cap ($2-10bn)6.5%
Small cap (<$2bn)72.6%
Developed mkts.96.9%
Emerging mkts.3.1%
Country Exposure
UNITED STATES 79.7 %
CANADA 10.4 %
AUSTRALIA 4.1 %
CHINA 2.9 %
JAPAN 1.1 %
GERMANY 0.9 %
BRITAIN 0.6 %
Historical Performance


Standardized Annual Returns (as of 02/29/2024)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
0.0% 56.3% 36.6% -- -- -- 11.7%
Market Correlations
versus...BetaR-squared
S&P 5001.383%
MSCI EAFE2.478%
MSCI Emg Mkts1.674%
Liquidity Measures
Avg. volume (000)121
Turnover3.6%
Avg. Bid/Ask (% of price)0.56%
ADV of underlying (mns)$32,649
Technical Indicators
Recent close$47.01
30d moving avg.$30.97
Annualized volatility163.7%
Relative strength (RSI)71
Short interest (ETF)2.8%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: BKCH vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
2.2 -31.4 2.3 0.2% --
Based on closing prices from 2/29/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
BKCH



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

BKCH

-5.0%

Cat. Avg

3.8%

Fund Category: Global Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™-5.0%
Recommendation

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.

Category Overview
There are 341 funds in the Global Equities category, with an average ALTAR Score™ of 3.8% and a standard deviation of 4.7%. BKCH's ALTAR Score™ is approximately 1.9 standard deviations below the category average. This places BKCH in the 3rd percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
BKCH
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
BKCH 50.0 56.0 106
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.