BLCN

Siren ETF Trust Siren Nasdaq NexGen Economy ETF

BLCN tracks an index of global companies involved in developing, researching, or using blockchain technologies.


Global

EQUITY

Rules-Based

MANAGEMENT STYLE

73.7 M

ASSETS UNDER MGMT

68 bp

EXPENSES
Fund Basics
Fund sponsorSRN Advisors
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateJan 07, 2020
Assets (mns)$74
Expense ratio68 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionCommittee
WeightingProprietary
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
MARATHON DIGITAL HOLDINGS INC 5.5 %
ROBINHOOD MARKETS, INC. CLASS A 5.3 %
RIOT BLOCKCHAIN INC 4.9 %
WAL-MART STORES INC 4.8 %
GALAXY DIGITAL HOLDINGS LTD. 4.6 %
CLEANSPARK, INC. 4.6 %
CUSTOMERS BANCORP INC 4.4 %
MICROSTRATEGY INC-CL A 4.4 %
MASTERCARD INCORPORATED CLASS A 4.1 %
COINBASE GLOBAL, INC. CLASS A 4.1 %
Constituent Breakdown
Number of holdings51
Herfindahl-Hirschman Index 323
Wgt avg mkt cap (mns)$310,602
Large cap (>$10bn)64.5%
Mid cap ($2-10bn)18.8%
Small cap (<$2bn)16.8%
Developed mkts.96.0%
Emerging mkts.4.0%
Country Exposure
UNITED STATES 82.0 %
JAPAN 5.5 %
IRELAND 3.6 %
ISRAEL 2.1 %
SOUTH KOREA 1.4 %
GERMANY 1.1 %
CHINA 1.0 %
CAYMAN ISLANDS 1.0 %
TAIWAN 0.8 %
INDIA 0.8 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 21.4% 39.7% 13.0% -13.5% 4.3% -- 3.6%
Volatility 37.6% 36.5% 33.1% 33.2% 31.5% -- --
Market Correlations
versus...BetaR-squared
S&P 5001.5068%
MSCI EAFE1.2547%
MSCI Emg Mkts1.1237%
Liquidity Measures
Avg. volume (000)27
Turnover1.1%
Avg. Bid/Ask (% of price)1.23%
ADV of underlying (mns)$88,334
Technical Indicators
Recent close$29.47
30d moving avg.$25.44
Annualized volatility31.9%
Relative strength (RSI)48
Short interest (ETF)0.2%
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: BLCN 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 --%
2.1 36.6 2.8 1.0% --
Based on closing prices from 11/29/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
BLCN



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 Rating

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™

BLCN

2.1%

Cat. Avg

4.0%


ALTAR Score™ Calculation

Category Overview
There are 377 funds in the Global Equity category, with an average ALTAR Score™ of 4.0% and a standard deviation of 4.6%. BLCN's ALTAR Score™ is approximately 0.4 standard deviations below the category average. This places BLCN in the 34th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

BLCN
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Global Equity ETFs
# of ETFs 191
Avg. Expense Ratio 55.4 bp
Std. Deviation 17.5 bp
BLCN (68 bp) Percentile rank 76
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
BLCN 68.0 122.8 190.8
Peer Avg. 57.1 40.0 97.1
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .