SATO
Invesco Alerian Galaxy Crypto Economy ETF
SATO tracks an index that holds cryptocurrency-focused equities, and crypto ETPs and trusts. The index is weighted in tier.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 7.7 M
ASSETS UNDER MGMT
61 bp
EXPENSES
Fund Basics
| Inception date | Oct 07, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ISHARES BITCOIN TRUST ETF | 7.8 % |
| BAKKT HOLDINGS INC | 6.2 % |
| MERCURITY FINTECH HOLDING INC | 6.1 % |
| CANAAN INC. SPONSORED ADR CLASS A | 2.4 % |
| CLEANSPARK, INC. | 2.4 % |
| APPLIED BLOCKCHAIN INC | 2.4 % |
| IRIS ENERGY LTD. | 2.4 % |
| BITFARMS LTD. | 2.3 % |
| CIPHER MINING INC | 2.3 % |
| FIDELITY WISE ORIGIN BITCOIN FUND | 2.1 % |
Constituent Breakdown
| Number of holdings | 39 |
| Herfindahl-Hirschman Index | 264 |
| Wgt avg mkt cap (mns) | $121,771 |
| Large cap (>$10bn) | 13.2% |
| Mid cap ($2-10bn) | 20.0% |
| Small cap (<$2bn) | 14.8% |
| Developed mkts. | 47.8% |
| Emerging mkts. | 7.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 38.1 % |
 |
CHINA | 6.2 % |
 |
AUSTRALIA | 2.4 % |
 |
GERMANY | 2.3 % |
 |
CANADA | 2.3 % |
 |
HONG KONG | 1.4 % |
 |
TAIWAN | 0.9 % |
 |
NORWAY | 0.9 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -19.5% | 4.1% | -2.3% | 29.4% | -- | -- | -- | -12.2% |
| Dividend Yield | 0.1% | 7.6% | 11.4% | 11.4% | -- | -- | -- | 6.4% |
| Total Returns | -19.4% | 11.7% | 9.1% | 40.8% | -- | -- | -- | -5.7% | Ann. Volatility | 63.0% | 54.4% | 57.8% | 60.3% | -- | -- | -- | 63.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.79 | 39% |
| MSCI EAFE | 1.59 | 27% |
| MSCI Emg Mkts | 1.57 | 34% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 1.0% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| 30d moving avg. (EMA) | $15.27 |
| Relative strength (RSI) | 47 |
| MACD/Signal | -0.33/-0.47 |
| Bollinger Bands (Upper/Lower) | $16.58/$13.41 |
| Short interest (% of AUM) | 0.8% |
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. SATO |
Expenses vs. SATO |
ALTAR Score™ vs. SATO |
|---|---|---|---|---|
| BLKC | Invesco Alerian Galaxy Blockchain Users and Decentralized Co | 41.5% | 0 bp | +2.8% |
| MNRS | Grayscale Bitcoin Miners ETF | 25.7% | -2 bp | -1.3% |
| BITQ | Bitwise Crypto Industry Innovators ETF | 25.2% | +24 bp | -0.2% |
| DAPP | VanEck Digital Transformation ETF | 25.0% | -11 bp | +1.8% |
| IBLC | iShares Blockchain and Tech ETF | 24.0% | -14 bp | +0.3% |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 23.2% | -22 bp | +0.5% |
| BKCH | Global X Blockchain ETF | 23.2% | -11 bp | -2.0% |
| BLOK | Amplify Transformational Data Sharing ETF | 22.0% | +14 bp | +2.0% |
| WGMI | Valkyrie Bitcoin Miners ETF | 20.0% | +14 bp | -2.0% |
| BWEB | Bitwise Web3 ETF | 19.4% | +24 bp | +1.8% |
Risk and Returns: SATO 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 (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
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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 4/12/2026
Peer Group Comparison Sample data. Subscribe for access.
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
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 Rating
-1.8%
ALTAR SCORE™
1st
PERCENTILE
AVOID
ETFRC RATING
There are 583 funds in the Global Equity category with an average
ALTAR Score™ of 4.5% and a standard deviation
of 2.7%. SATO's ALTAR Score™ is approximately -2.3 standard
deviations above the category average. This places SATO in the 1st percentile
among funds in the category.
Sell-Side Consensus
$23.52
PRICE TARGET
+53.2%
UPSIDE