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ETFs

Global X Funds Global X Blockchain ETF

BKCH
$--
Today’s Change
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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)
$694,313
AUM
$65,867,454
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
11.45%
MARA
Marathon Digital Holdings Inc
10.97%
RIOT
Riot Platforms Inc
10.09%
HUT
Hut 8 Mining Corp
9.29%
APLD
Applied Digital Corporation
9.00%
BTBT
Bit Digital Inc
5.87%
CLSK
Cleanspark Inc
4.33%
GLXY
GALAXY DIGITAL HOLDINGS LTD
4.14%
BITF
Bitfarms Ltd.
4.12%
HIVE
HIVE Blockchain Technologies Ltd
3.97%
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 BLOK, CONL, ARKW

BKCH
Global X Funds - Global X Blockchain ETF
BLOK
Amplify ETF Trust - Amplify Transformational Data Sharing ETF
CONL
GraniteShares ETF Trust - GraniteShares 1.5x Long Coinbase Daily 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
FINX
Global X Funds - Global X Funds Global X FinTech ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
IPO
Renaissance Capital Greenwich Funds - Renaissance IPO ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
XSW
SPDR Series Trust - SPDR S&P Software & Services 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 0.0434%. This is the percent change in the value of BKCH over the most recent 1-month period. The 3-month return on BKCH is 0.3882%. 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 0.7789%. 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 ICLN, TAN, and ACWV.

ETFs correlated to BKCH include BLOK, CONL, and ARKW.

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.