BITS:NSD-Global X Blockchain & Bitcoin Strategy ETF (USD)

ETF | Others |

Last Closing

USD 60.8982

Change

+0.04 (+0.06)%

Market Cap

USD 0.02B

Volume

5.35K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund is an actively managed ETF that seeks to achieve its investment objective by investing directly or indirectly in equity securities of U.S. and non-U.S. "Blockchain Companies" and in long positions in U.S. listed bitcoin futures contracts. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Blockchain Companies and in long positions on U.S. listed Bitcoin Futures contracts. It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

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ETFs Containing BITS

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 14.56% 84% B 75% C
Dividend Return 0.71% 30% F 19% F
Total Return 15.27% 84% B 74% C
Trailing 12 Months  
Capital Gain 81.30% 97% N/A 92% A
Dividend Return 22.12% 98% N/A 99% N/A
Total Return 103.42% 98% N/A 94% A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 41.13% 96% N/A 88% B+
Dividend Return 47.50% 96% N/A 89% A-
Total Return 6.37% 97% N/A 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 101.54% 4% F 17% F
Risk Adjusted Return 46.78% 65% D 76% C+
Market Capitalization 0.02B 34% F 18% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.