BLOK
Amplify Transformational Data Sharing ETF
BLOK provides access to an actively-managed basket of global companies at the forefront of blockchain-based technology.
Global
EQUITY
Active
MANAGEMENT STYLE
75 bp
EXPENSES
$706.3 M
ASSETS UNDER MGMT
Fund Basics
Fund sponsor | Amplify Investments |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Jan 16, 2018 |
Assets (mns) | $706 |
Expense ratio | 75 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
CORE SCIENTIFIC, INC. | 5.4 % |
GALAXY DIGITAL HOLDINGS LTD. | 5.0 % |
MICROSTRATEGY INC-CL A | 4.4 % |
COINBASE GLOBAL, INC. CLASS A | 4.2 % |
HUT 8 CORP | 3.8 % |
MARATHON DIGITAL HOLDINGS INC | 3.4 % |
ROBINHOOD MARKETS, INC. CLASS A | 3.2 % |
BLOCK INC. | 3.2 % |
CLEANSPARK, INC. | 3.2 % |
NU HOLDINGS LTD. CLASS A | 3.1 % |
Constituent Breakdown
Number of holdings | 49 |
Herfindahl-Hirschman Index | 258 |
Wgt avg mkt cap (mns) | $84,094 |
Large cap (>$10bn) | 59.2% |
Mid cap ($2-10bn) | 9.3% |
Small cap (<$2bn) | 31.5% |
Developed mkts. | 94.3% |
Emerging mkts. | 5.7% |
Country Exposure
UNITED STATES | 68.8 % | |
JAPAN | 6.4 % | |
CANADA | 6.2 % | |
CAYMAN ISLANDS | 3.1 % | |
ARGENTINA | 2.0 % | |
TAIWAN | 1.7 % | |
IRELAND | 1.3 % | |
SINGAPORE | 1.2 % | |
CHINA | 0.9 % | |
NORWAY | 0.7 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 9.4% | 45.2% | 35.0% | -7.5% | 16.5% | -- | 10.6% | Volatility | 37.2% | 35.9% | 39.7% | 42.3% | 41.2% | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 2.02 | 55% |
MSCI EAFE | 1.64 | 34% |
MSCI Emg Mkts | 1.34 | 23% |
Liquidity Measures
Avg. volume (000) | 223 |
Turnover | 1.1% |
Avg. Bid/Ask (% of price) | 0.12% |
ADV of underlying (mns) | $97,087 |
Technical Indicators
Recent close | $36.22 |
30d moving avg. | $36.72 |
Annualized volatility | 49.0% |
Relative strength (RSI) | 59 |
Short interest (ETF) | 1.0% |
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
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. BLOK |
Expenses vs. BLOK |
ALTAR Score™ vs. BLOK |
---|---|---|---|---|
BLCN | Siren ETF Trust Siren Nasdaq NexGen Economy ETF | 42.7% | -7 bp | +3.3% |
BITQ | Bitwise Crypto Industry Innovators ETF | 36.5% | +10 bp | -2.5% |
GFOF | Grayscale Future of Finance ETF | 33.0% | -5 bp | -0.7% |
IBLC | iShares Blockchain and Tech ETF | 32.7% | -28 bp | -1.8% |
STCE | Schwab Crypto Thematic ETF | 30.8% | -45 bp | +1.1% |
BLKC | Invesco Alerian Galaxy Blockchain Users and Decentralized Co | 30.6% | -14 bp | +1.8% |
DAPP | VanEck Digital Transformation ETF | 30.6% | -25 bp | -2.5% |
BKCH | Global X Blockchain ETF | 30.5% | -25 bp | -4.6% |
CRPT | First Trust SkyBridge Crypto Industry & Digital Economy ETF | 30.2% | +10 bp | -1.9% |
SATO | Invesco Alerian Galaxy Crypto Economy ETF | 29.3% | -14 bp | -2.0% |
Risk and Returns: BLOK 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.
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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
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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 | --% |
Based on closing prices from 7/25/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
BLOK
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
BLOK
0.9%
Cat. Avg
4.0%
Fund Category: Global
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 0.9% |
Recommendation
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.
Category Overview
There are 352 funds in the Global category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.8%. BLOK's ALTAR Score™ is approximately
0.6 standard deviations
below
the category average. This places BLOK in the 26th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
BLOK
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
Peer Group | Active Global Equity ETFs |
# of ETFs | 118 |
Avg. Expense Ratio | 73.5 bp |
Std. Deviation | 29.8 bp |
BLOK (75 bp) Percentile rank | 52 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
BLOK | 75.0 | 11.9 | 86.9 |
Peer Avg. | 77.1 | 49.6 | 126.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .