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
$ 9.4 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 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -2.3% | 15.8% | 20.4% | 34.3% | -- | -- | -- | -8.1% |
| Dividend Yield | 0.1% | 8.5% | 14.0% | 11.9% | -- | -- | -- | 6.6% |
| Total Returns | -2.1% | 24.3% | 34.4% | 46.2% | -- | -- | -- | -1.5% | Ann. Volatility | 60.0% | 52.1% | 57.6% | 59.9% | -- | -- | -- | 63.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.75 | 43% |
| MSCI EAFE | 1.77 | 24% |
| MSCI Emg Mkts | 1.60 | 32% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $17.86 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.81/0.80 |
| Bollinger Bands (Upper/Lower) | $20.20/$16.48 |
| 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 | +2.6% |
| DAPP | VanEck Digital Transformation ETF | 25.0% | -11 bp | +1.6% |
| MNRS | Grayscale Bitcoin Miners ETF | 25.0% | -2 bp | -0.6% |
| IBLC | iShares Blockchain and Tech ETF | 23.8% | -14 bp | +0.4% |
| BKCH | Global X Blockchain ETF | 23.6% | -11 bp | -1.4% |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 23.2% | -22 bp | +0.4% |
| BITQ | Bitwise Crypto Industry Innovators ETF | 22.7% | +24 bp | -0.2% |
| BLOK | Amplify Transformational Data Sharing ETF | 22.6% | +14 bp | +1.7% |
| BWEB | Bitwise Web3 ETF | 19.4% | +24 bp | +1.5% |
| WGMI | Valkyrie Bitcoin Miners ETF | 19.4% | +14 bp | -1.3% |
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.
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 5/24/2026
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
-1.6%
ALTAR SCORE™
1st
PERCENTILE
AVOID
ETFRC RATING
There are 713 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. 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
$23.41
PRICE TARGET
+24.4%
UPSIDE