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Horizon Kinetics Blockchain Development ETF

BCDF
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 01 2022
Expense Ratio
0.85%
Type
Global Equities
Fund Owner
Horizon Kinetics
Volume (1m avg. daily)
$27,891
AUM
$2,139,180
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

DB1
DEUTSCHE BOERSE AG
6.28%
CACI
Caci International Inc. - Registered Shares - Class A
6.06%
4819
Digital Garage, Inc.
5.79%
n/a
Cash & Other
5.67%
ASX
ASX Ltd
5.63%
SAIC
Science Applications International Corp.
5.24%
ICE
Intercontinental Exchange Inc
5.19%
URB/A
URBANA CORP-NON VOTING A
4.79%
WT
WisdomTree Inc
4.76%
X
TMX GROUP LTD
4.63%
Invest with BCDF

What is BCDF?

The Horizon Kinetics Blockchain Development ETF is an actively managed ETF that seeks long-term growth of capital. It seeks to achieve its investment objective by investing primarily in equity securities that stand to benefit, either directly or indirectly, from the issuance, facilitation, custody, trading and administration of digital assets, including cryptocurrencies. The Fund focuses on the application of the blockchain technology that typically supports digital assets, and is not designed to be dependent upon the success of any individual cryptocurrency or protocol.

ETFs related toBCDF

ETFs correlated to BCDF include BLOK, URTY, VTWO

BCDF
Listed Funds Trust - Horizon Kinetics Blockchain Development ETF
BLOK
Amplify ETF Trust - Amplify Transformational Data Sharing ETF
URTY
ProShares Trust - ProShares UltraPro Russell2000 3x Shares
VTWO
Vanguard Group, Inc. - Vanguard Russell 2000 Index ETF
VTWG
Vanguard Group, Inc. - Vanguard Russell 2000 Growth Index ETF
TNA
Direxion Shares ETF Trust - Direxion Dialy Small Cap Bull 3X Shares
IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares
IWC
BlackRock Institutional Trust Company N.A. - iShares Micro-Cap ETF
IWO
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 Growth ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBCDF

#IWM

Russell 2000

Category

Benchmarks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BCDF using Composer

FAQ

BCDF is a Global Equities ETF. The Horizon Kinetics Blockchain Development ETF is an actively managed ETF that seeks long-term growth of capital. It seeks to achieve its investment objective by investing primarily in equity securities that stand to benefit, either directly or indirectly, from the issuance, facilitation, custody, trading and administration of digital assets, including cryptocurrencies. The Fund focuses on the application of the blockchain technology that typically supports digital assets, and is not designed to be dependent upon the success of any individual cryptocurrency or protocol.

The top holdings for BCDF include DEUTSCHE BOERSE AG, Caci International Inc. - Registered Shares - Class A, and Digital Garage, Inc..

BCDF has 23 total holdings.

Yes, BCDF is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, BCDF is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BCDF is 0.0813%. This is the percent change in the value of BCDF over the most recent 1-month period. The 3-month return on BCDF is 0.0631%. This is the percent change in the value of BCDF over the most recent 3-month period.

ETFs similar to BCDF include EEMV, TAN, and PBW.

ETFs correlated to BCDF include BLOK, URTY, and VTWO.

ETFs that are inversely correlated to BCDF include TWM, SRTY, and TZA.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.