NODE
VanEck Onchain Economy ETF
Asset Allocation
MULTI
Active
MANAGEMENT STYLE
$ 55.5 M
ASSETS UNDER MGMT
67 bp
EXPENSES
Fund Basics
| Inception date | May 13, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| VANECK BITCOIN ETF | 20.7 % |
| FIGURE TECHNOLOGY SOLUT-CL A | 5.6 % |
| HUT 8 CORP | 4.9 % |
| TERAWULF INC. | 4.9 % |
| IREN LTD | 4.2 % |
| CIRCLE INTERNET GROUP INC | 3.7 % |
| CLEANSPARK, INC. | 3.4 % |
| RIOT BLOCKCHAIN INC | 3.3 % |
| CIPHER MINING INC | 3.3 % |
| APPLIED BLOCKCHAIN INC | 3.3 % |
Constituent Breakdown
| Number of holdings | 43 |
| Herfindahl-Hirschman Index | 667 |
| Wgt avg mkt cap (mns) | $72,224 |
| Large cap (>$10bn) | 30.6% |
| Mid cap ($2-10bn) | 37.6% |
| Small cap (<$2bn) | 0.5% |
| Developed mkts. | 67.0% |
| Emerging mkts. | 2.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 56.0 % |
 |
CANADA | 4.9 % |
 |
AUSTRALIA | 4.2 % |
 |
TAIWAN | 2.2 % |
 |
NORWAY | 1.9 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 12.5% | -4.4% | -- | -- | -- | -- | -- | 32.4% |
| Dividend Yield | 4.1% | 4.6% | -- | -- | -- | -- | -- | 8.4% |
| Total Returns | 16.6% | 0.2% | -- | -- | -- | -- | -- | 40.8% | Ann. Volatility | 53.4% | 53.0% | -- | -- | -- | -- | -- | 47.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.81 | 45% |
| MSCI EAFE | 1.91 | 32% |
| MSCI Emg Mkts | 1.44 | 47% |
Liquidity Measures
| Avg. volume (000) | 21 |
| ADV traded (mns) | $1 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.16% |
Technical Indicators
| 30d moving avg. (EMA) | $36.67 |
| Relative strength (RSI) | 38 |
| MACD/Signal | -2.05/-1.51 |
| Bollinger Bands (Upper/Lower) | $42.34/$30.49 |
| Short interest (% of AUM) | 0.0% |
Distributions
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. NODE |
Expenses vs. NODE |
ALTAR Score™ vs. NODE |
|---|---|---|---|---|
| DAPP | VanEck Digital Transformation ETF | 51.5% | -15 bp | +0.4% |
| BKCH | Global X Blockchain ETF | 41.7% | -17 bp | +17.4% |
| IBLC | iShares Blockchain and Tech ETF | 40.5% | -20 bp | -1.2% |
| BLCK | Corgi Crypto Infrastructure ETF | 40.5% | -32 bp | +0.4% |
| WGMI | Valkyrie Bitcoin Miners ETF | 38.9% | +8 bp | -22.8% |
| GCPU | Grayscale AI Compute ETF | 36.9% | -8 bp | +1.3% |
| SATO | Invesco Alerian Galaxy Crypto Economy ETF | 36.0% | -1 bp | -4.1% |
| BITQ | Bitwise Crypto Industry Innovators ETF | 33.1% | +18 bp | +0.5% |
| BLOK | Amplify Transformational Data Sharing ETF | 31.1% | +3 bp | -0.2% |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 28.0% | -28 bp | -1.7% |
Risk and Returns: NODE 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 10/30/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
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
-0.4%
ALTAR SCORE™
16th
PERCENTILE
AVOID
ETFRC RATING
There are 2 funds in the Asset Allocation Equity category with an average
ALTAR Score™ of 1.4% and a standard deviation
of 1.8%. NODE's ALTAR Score™ is approximately -1.0 standard
deviations above the category average. This places NODE in the 16th percentile
among funds in the category.
Sell-Side Consensus
$43.45
PRICE TARGET
+33.1%
UPSIDE