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ETFs

Global X Funds Global X Blockchain ETF

BKCH
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jul 12, 2021
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$1,095,965
AUM
$56,444,605
Associated Index
Solactive Blockchain Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No

Top 10 Holdings

COIN
Coinbase Global Inc - Ordinary Shares - Class A
16.18%
MARA
Marathon Digital Holdings Inc
10.56%
HUT
Hut 8 Mining Corp
9.52%
RIOT
Riot Platforms Inc
9.47%
APLD
Applied Digital Corporation
5.71%
CLSK
Cleanspark Inc
4.63%
BTBT
Bit Digital Inc
4.59%
GLXY
Galaxy Digital Holdings Ltd.
4.35%
HIVE
HIVE Digital Technologies Ltd.
4.11%
BITF
Bitfarms Ltd.
4.08%
Invest with BKCH

What is BKCH?

The Global X Blockchain ETF (BKCH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Blockchain Index.The Underlying Index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of blockchain technology. A blockchain is a peer-to-peer shared, distributed ledger (or decentralized database) that facilitates the recording of transactions and tracking of assets without the need for the use of a central authority acting as a trusted intermediary (i.e., a bank).

ETFs related toBKCH

ETFs correlated to BKCH include FDIG, WGMI, BLOK

BKCH
Global X Funds - Global X Blockchain ETF
FDIG
Fidelity Covington Trust - Fidelity Crypto Industry and Digital Payments ETF
WGMI
Valkyrie ETF Trust II - Valkyrie Bitcoin Miners ETF
BLOK
Amplify ETF Trust - Amplify Transformational Data Sharing ETF
CONY
Tidal Trust II - YieldMax COIN Option Income Strategy ETF
CONL
GraniteShares ETF Trust - GraniteShares 1.5x Long Coinbase Daily ETF
BITX
Volatility Shares Trust - 2x Bitcoin Strategy ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
BITO
ProShares Trust - ProShares Bitcoin Strategy 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.

FAQ

BKCH is a Global Equities ETF. The Global X Blockchain ETF (BKCH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Blockchain Index.The Underlying Index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of blockchain technology. A blockchain is a peer-to-peer shared, distributed ledger (or decentralized database) that facilitates the recording of transactions and tracking of assets without the need for the use of a central authority acting as a trusted intermediary (i.e., a bank).

BKCH tracks the Solactive Blockchain Index.

No, BKCH is not actively managed. It is passively 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.

Yes, BKCH is passively 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 BKCH is -0.1259%. This is the percent change in the value of BKCH over the most recent 1-month period. The 3-month return on BKCH is -0.1822%. This is the percent change in the value of BKCH over the most recent 3-month period.

The standard deviation of BKCH for the past year is 0.7205%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BKCH include PBW, IGF, and EFG.

ETFs correlated to BKCH include FDIG, WGMI, and BLOK.

ETFs that are inversely correlated to BKCH include SARK, BITI, and HDGE.

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.

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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.