Global X Blockchain & Bitcoin Strategy ETF
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
65.9%
1 yr return
56.8%
3 Yr Avg Return
4.9%
5 Yr Avg Return
N/A
Net Assets
$39.5 M
Holdings in Top 10
142.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BITS - Profile
Distributions
- YTD Total Return 65.9%
- 3 Yr Annualized Total Return 4.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.9%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGlobal X Blockchain & Bitcoin Strategy ETF
-
Fund Family NameGlobal X Funds
-
Inception DateNov 15, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPedro Palandrani
Fund Description
BITS - Performance
Return Ranking - Trailing
Period | BITS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 65.9% | -62.5% | 107.1% | 90.38% |
1 Yr | 56.8% | -89.0% | 245.9% | N/A |
3 Yr | 4.9%* | -83.6% | 168.8% | N/A |
5 Yr | N/A* | -80.0% | 108.2% | N/A |
10 Yr | N/A* | -100.0% | 7.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | BITS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 178.0% | -94.4% | 48.5% | N/A |
2022 | -75.6% | -58.5% | 72.8% | N/A |
2021 | N/A | -84.2% | 86.0% | N/A |
2020 | N/A | -67.0% | 1180.0% | N/A |
2019 | N/A | -50.0% | 90.5% | N/A |
Total Return Ranking - Trailing
Period | BITS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 65.9% | -70.3% | 78.6% | 92.31% |
1 Yr | 56.8% | -89.0% | 245.9% | N/A |
3 Yr | 4.9%* | -83.6% | 168.8% | N/A |
5 Yr | N/A* | -80.0% | 108.2% | N/A |
10 Yr | N/A* | -100.0% | 7.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BITS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 214.0% | -94.4% | 48.5% | N/A |
2022 | -75.5% | -58.5% | 72.8% | N/A |
2021 | N/A | -84.2% | 86.0% | N/A |
2020 | N/A | -91.8% | 12699.6% | N/A |
2019 | N/A | -94.2% | 483.4% | N/A |
BITS - Holdings
Concentration Analysis
BITS | Category Low | Category High | BITS % Rank | |
---|---|---|---|---|
Net Assets | 39.5 M | 161 K | 29.3 B | 57.35% |
Number of Holdings | 6 | 1 | 34 | 67.31% |
Net Assets in Top 10 | 37.4 M | 0 | 1.2 B | 34.62% |
Weighting of Top 10 | 142.09% | 38.4% | 100.0% | 76.00% |
Top 10 Holdings
- GLOBAL X BLOCKCHAIN ETF MUTUAL FUND 50.40%
- CME BITCOIN FUT AUG24 CURRENCY FUTURE. 49.89%
- GLOBAL X 1-3 MONTH T-BILL MUTUAL FUND 30.53%
- TREASURY BILL 0.000000% 10/03/2024 3.76%
- TREASURY BILL 0.000000% 10/08/2024 3.76%
- TREASURY BILL 0.000000% 10/10/2024 3.76%
Asset Allocation
Weighting | Return Low | Return High | BITS % Rank | |
---|---|---|---|---|
Stocks | 80.92% | -0.18% | 100.00% | 21.28% |
Other | 49.89% | -50.05% | 149.96% | 15.22% |
Bonds | 11.28% | 0.00% | 158.15% | 59.57% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 50.00% |
Convertible Bonds | 0.00% | 0.00% | 0.32% | 54.35% |
Cash | 0.00% | -121.66% | 150.05% | 71.74% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BITS % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 5.98% | 77.78% |
Technology | 0.00% | 17.04% | 56.23% | 11.11% |
Real Estate | 0.00% | 0.00% | 3.31% | 66.67% |
Industrials | 0.00% | 0.00% | 8.28% | 77.78% |
Healthcare | 0.00% | 0.00% | 13.69% | 77.78% |
Financial Services | 0.00% | 0.98% | 59.11% | 33.33% |
Energy | 0.00% | 0.00% | 5.18% | 66.67% |
Communication Services | 0.00% | 0.00% | 17.03% | 88.89% |
Consumer Defense | 0.00% | 0.00% | 6.51% | 77.78% |
Consumer Cyclical | 0.00% | 0.00% | 17.88% | 88.89% |
Basic Materials | 0.00% | 0.00% | 7.92% | 66.67% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BITS % Rank | |
---|---|---|---|---|
US | 80.92% | -0.18% | 98.52% | 21.74% |
Non US | 0.00% | 0.00% | 50.45% | 6.52% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BITS % Rank | |
---|---|---|---|---|
Derivative | 49.89% | 0.00% | 66.67% | 55.56% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 24.44% |
Securitized | 0.00% | 0.00% | 12.35% | 55.56% |
Corporate | 0.00% | 0.00% | 14.43% | 55.56% |
Municipal | 0.00% | 0.00% | 0.24% | 55.56% |
Government | 0.00% | 0.00% | 100.00% | 60.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BITS % Rank | |
---|---|---|---|---|
US | 11.28% | 0.00% | 158.15% | 58.70% |
Non US | 0.00% | 0.00% | 20.61% | 56.52% |
BITS - Expenses
Operational Fees
BITS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.50% | 3.00% | 97.01% |
Management Fee | 0.65% | 0.00% | 3.00% | 10.29% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.25% | N/A |
Sales Fees
BITS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BITS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BITS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 55.00% | N/A |
BITS - Distributions
Dividend Yield Analysis
BITS | Category Low | Category High | BITS % Rank | |
---|---|---|---|---|
Dividend Yield | 0.86% | 0.00% | 18.14% | 9.09% |
Dividend Distribution Analysis
BITS | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
BITS | Category Low | Category High | BITS % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -3.07% | 1.41% | N/A |
Capital Gain Distribution Analysis
BITS | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 27, 2024 | $0.378 | OrdinaryDividend |
Dec 28, 2023 | $7.053 | OrdinaryDividend |
Jun 29, 2023 | $0.223 | OrdinaryDividend |
Dec 29, 2022 | $0.076 | OrdinaryDividend |
Jun 29, 2022 | $0.017 | OrdinaryDividend |
Dec 30, 2021 | $1.488 | OrdinaryDividend |
BITS - Fund Manager Analysis
Managers
Pedro Palandrani
Start Date
Tenure
Tenure Rank
Nov 15, 2021
0.54
0.5%
Pedro Palandrani, Associate Vice President and Research Analyst, joined the Adviser in 2019. Prior to joining Global X, Mr. Palandrani held the role of Equity Research Analyst at Cabot Wealth from 2017 to 2019. Mr. Palandrani received his MBA from the Bertolon School of Business at Salem State University in 2018 and his BA from Universidad Católica Andrés Bello (UCAB) in Venezuela in 2013.
Rohan Reddy
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Rohan Reddy, CFA Vice President and Research Analyst, joined the Adviser in 2015. Mr. Reddy received his BA from New York University (NYU) in 2015.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 16.86 | 3.85 | 0.05 |