Global X Blockchain Etf Profile

BKCH Etf  USD 68.31  2.69  3.79%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 10

 
High
 
Low
Low
Global X is trading at 68.31 as of the 3rd of December 2024. This is a 3.79 percent decrease since the beginning of the trading day. The etf's open price was 71.0. Global X has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Global X Blockchain are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2022 and ending today, the 3rd of December 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx Blockchain is traded on NASDAQ Exchange in the United States.. More on Global X Blockchain

Moving together with Global Etf

  0.95XLF Financial Select SectorPairCorr
  0.96VFH Vanguard Financials IndexPairCorr
  0.94KRE SPDR SP RegionalPairCorr
  0.94KBE SPDR SP BankPairCorr
  0.96IYF iShares Financials ETFPairCorr
  0.96FNCL Fidelity MSCI FinancialsPairCorr

Moving against Global Etf

  0.58NRGU Bank Of MontrealPairCorr
  0.42EUFN iShares MSCI EuropePairCorr

Global Etf Highlights

Thematic Ideas
(View all Themes)
Old NameHorizons Big Data & Hardware Index ETF
Business ConcentrationTheme ETFs, Strategy ETFs, Financial, Global X Funds (View all Sectors)
IssuerGlobal X
Inception Date2021-07-12
BenchmarkSolactive Blockchain Index
Entity TypeRegulated Investment Company
Asset Under Management226.78 Million
Average Trading Valume89,133
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerJohn Belanger, Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Nov
ExchangeNASDAQ
Number of Constituents27.0
Market MakerSusquehanna
Total Expense0.5
Management Fee0.5
Country NameUSA
Returns Y T D53.97
NameGlobal X Blockchain ETF
Currency CodeUSD
Open FigiBBG011RVGZP6
In Threey Volatility88.94
1y Volatility85.77
200 Day M A48.84
50 Day M A55.0349
CodeBKCH
Updated At3rd of December 2024
Currency NameUS Dollar
Global X Blockchain [BKCH] is traded in USA and was established 2021-07-12. The fund is listed under Financial category and is part of Global X Funds family. The entity is thematically classified as Theme ETFs. Global X Blockchain currently have 63.96 M in assets under management (AUM). , while the total return for the last 3 years was -16.0%.
Check Global X Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global X Blockchain Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Global X Blockchain Currency Exposure

Global X Blockchain holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X Blockchain.

Top Global X Blockchain Etf Constituents

TEAMAtlassian Corp PlcStockInformation Technology
MAMastercardStockFinancials
VVisa Class AStockFinancials
EQIXEquinixStockReal Estate
MDBMongoDBStockInformation Technology
MSFTMicrosoftStockInformation Technology
VMWVMware IncStockInformation Technology
ZENZendeskStockInformation Technology
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Global X Top Holders

GXTGGlobal X ThematicEtfGlobal Small/Mid Stock
BITSGlobal X BlockchainEtfDigital Assets
More Details

Global X Blockchain Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Global X Against Markets

When determining whether Global X Blockchain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Blockchain Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Blockchain Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global X Blockchain. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Global X Blockchain is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.