Skip to Content

Amplify Digital & Online Trading ETF

BIDS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 22 2021
Expense Ratio
0.59%
Type
Global Equities
Fund Owner
Amplify Investments
Volume (1m avg. daily)
$5,404
AUM
$372,897
Associated Index
BlueStar Global E-Brokers and Digital Capital Markets Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

MKTX
MarketAxess Holdings Inc.
9.64%
COIN
Coinbase Global Inc - Ordinary Shares - Class A
8.39%
SCHW
Charles Schwab Corp.
7.18%
XP
XP Inc - Ordinary Shares - Class A
6.89%
IBKR
Interactive Brokers Group Inc - Ordinary Shares - Class A
6.75%
HOOD
Robinhood Markets Inc - Ordinary Shares - Class A
6.12%
SOFI
SoFi Technologies Inc
5.50%
8698
Monex Group, Inc.
4.97%
TW
Tradeweb Markets Inc - Ordinary Shares Cls A
4.68%
FTK
FLATEXDEGIRO AG
4.35%
Invest with BIDS

What is BIDS?

BIDS is a portfolio of companies engaged in the growing trend of digital asset and online investing. BIDS seeks investment results that correspond generally to the BlueStar Global E-Brokers and Digital Capital Markets Index. The Index is a global index that tracks the performance of companies engaged in online securities brokerage and lending, market making and digital asset capital markets. To be eligible for inclusion in the Index, a company must derive at least 50% of their revenues or operating activity from the following: online brokerage or trading platforms (including self-directed wealth management platforms and robo-advisors), online lending platforms that also offer electronic brokerage ( e-brokerage ) services, market making, or digital asset capital market activities.

ETFs related toBIDS

ETFs correlated to BIDS include CLOZ, PPIE, ARKF

BIDSAmplify ETF Trust - Amplify Digital & Online Trading ETF
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
PPIEPutnam ETF Trust - Putnam PanAgora ESG International Equity ETF
ARKFARK ETF Trust - ARK Fintech Innovation ETF
BLOKAmplify ETF Trust - Amplify Transformational Data Sharing ETF
FDIGFidelity Covington Trust - Fidelity Crypto Industry and Digital Payments ETF
STCESchwab Strategic Trust - Schwab Crypto Thematic ETF
CRPTFirst Trust Exchange-Traded Fund VIII - First Trust SkyBridge Crypto Industry and Digital Economy ETF
GFOFETF Series Solutions Trust - Grayscale Future of Finance ETF
BUZZVanEck ETF Trust - VanEck Social Sentiment ETF
FINXGlobal X Funds - Global X Funds Global X FinTech 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.

Disclaimers

*

We show information directly obtained from our data provider, XigniteData 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 providerInformation 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.