Skip to Content
ETFs

Horizon Kinetics Blockchain Development ETF

BCDF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 01 2022
Expense Ratio
0.85%
Type
Global Equities
Fund Owner
Horizon Kinetics
Volume (1m avg. daily)
$2,223
AUM
$2,661,862
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
7.20%
CACI
Caci International Inc. - Registered Shares - Class A
6.24%
DB1
DEUTSCHE BOERSE AG
6.13%
ICE
Intercontinental Exchange Inc
5.21%
SAIC
Science Applications International Corp.
5.21%
LSEG
LONDON STOCK EXCHANGE GROUP
5.18%
CBOE
Cboe Global Markets Inc.
5.05%
X
TMX GROUP LTD
5.01%
URB/A
URBANA CORP-NON VOTING A
4.91%
4819
Digital Garage, Inc.
4.86%
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 AOA, VT, SPGM

BCDF
Listed Funds Trust - Horizon Kinetics Blockchain Development ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
CGGO
Capital Group Companies Inc - Capital Group Global Growth Equity ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
VTHR
Vanguard Group, Inc. - Vanguard Russell 3000 Index ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth 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

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

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.

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 0.0221%. This is the percent change in the value of BCDF over the most recent 1-month period. The 3-month return on BCDF is 0.0841%. This is the percent change in the value of BCDF over the most recent 3-month period.

ETFs similar to BCDF include ICLN, TAN, and EFG.

ETFs correlated to BCDF include AOA, VT, and SPGM.

ETFs that are inversely correlated to BCDF include SPDN, SDS, and SPXS.

Disclaimers

*

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.