BITS
Global X Blockchain & Bitcoin Strategy ETF

Price: $67.76
Change: $3.26 (0.05%)
Category: Diversified Portfolio
Last Updated:

Vitals

Issuer Mirae Asset Global Investments Co., Ltd.
Brand Global X
Structure ETF
Expense Ratio 0.65%
ETF Home Page Home page
Inception Nov 15, 2021
Index Tracked NONE

Analyst Report

Pending

Download the FactSet Analyst Insight Report here.

ETF Database Themes

Category Diversified Portfolio
Asset Class Multi-Asset
Asset Class Size Multi-Cap
Asset Class Style Growth
Region (General) Global
Region (Specific) Broad

FactSet Classifications

Segment Asset Allocation: Global Target Outcome
Category Asset Allocation
Focus Target Outcome
Niche Capital Appreciation
Strategy Active
Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $28.43
  • 52 Week Hi $78.76
  • AUM $23.7 M
  • Shares 0.4 M

Historical Trading Data

  • 1 Month Avg. Volume 2,773
  • 3 Month Avg. Volume 3,905

Alternative ETFs in the ETF Database Diversified Portfolio Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest AOR 0.15% $2.2 B 128,797 12.74%
Largest (AUM) AOR 0.15% $2.2 B 128,797 12.74%
Most Liquid (Volume) YYY 4.60% $527.1 M 247,671 15.48%
Top YTD Performer SPBC 0.50% $35.8 M 12,002 31.83%

Alternative ETFs in the FactSet Asset Allocation: Global Target Outcome Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest IRTR 0.08% $5.2 M 4,395 9.33%
Largest (AUM) AOR 0.15% $2.2 B 128,797 12.74%
Most Liquid (Volume) YYY 4.60% $527.1 M 247,671 15.48%
Top YTD Performer SPBC 0.50% $35.8 M 12,002 31.83%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

BITS ETF Database Category Average FactSet Segment Average
Number of Holdings 4 53 40
% of Assets in Top 10 100.00% 79.11% 80.81%
% of Assets in Top 15 100.00% 79.07% 81.65%
% of Assets in Top 50 100.00% 94.67% 94.54%

Size Comparison

BITS ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 5.44% 1.20%
Mid (>2.7B) N/A 1.70% 0.44%
Small (>600M) N/A 0.36% 0.06%
Micro (<600M) N/A 0.00% 0.00%

BITS Valuation

This section compares the P/E ratio of this ETF to its peers.

BITS
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.86
FactSet Segment Average
P/E Ratio
0.33

BITS Dividend

This section compares the dividend yield of this ETF to its peers.

BITS ETF Database Category Average FactSet Segment Average
Dividend $ 7.05 $ 0.30 $ 0.39
Dividend Date 2023-12-28 N/A N/A
Annual Dividend Rate $ 7.05 $ 0.83 $ 0.88
Annual Dividend Yield 10.41% 3.14% 3.34%

BITS Price and Volume Charts

View charts featuring BITS price and volume data.

BITS Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 649.04 K 1 Month Net Flows: 49.89 K 3 Month Net Flows: -646.34 K 6 Month Net Flows: -1.38 M 1 Year Net Flows: 1.29 M 3 Year Net Flows: 24.92 M 5 Year Net Flows: 24.92 M 10 Year Net Flows: 24.92 M

BITS Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 103.84 K
1 Month Net AUM Change: 2.54 M
3 Month Net AUM Change: -3.1 M
6 Month Net AUM Change: -4.17 M
1 Year Net AUM Change: 10.66 M
3 Year Net AUM Change: 11.99 M
5 Year Net AUM Change: 11.99 M
10 Year Net AUM Change: 11.99 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for BITS on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Diversified Portfolio with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Sign Up for Pro to Unlock Data Sign Up
Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B TAIL
Expenses B+ AOK
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

BITS Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

BITS
Expense Ratio
0.65%
ETF Database Category Average
Expense Ratio
0.97%
FactSet Segment Average
Expense Ratio
1.11%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

BITS does not have an ESG score. There are no ESG themes that map to this ETF.

BITS Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

BITS ETF Database
Category Average 		Factset Segment
Average
1 Month Return 10.91% 1.72% 1.69%
3 Month Return 0.15% 2.99% 2.06%
YTD Return 27.46% 12.34% 8.78%
1 Year Return 138.38% 23.66% 13.95%
3 Year Return N/A 2.23% 1.36%
5 Year Return N/A 2.33% 1.36%

Geographic Exposure

The following charts reflect the geographic spread of BITS's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of BITS's underlying holdings.

Asset Percentage
Exchange Traded Fund (ETF-ETF) 81.91%
Other 19.91%
CASH -1.82%
Sector Percentage
Miscellaneous 81.91%
Other 19.91%
CASH -1.82%
Market Cap Percentage
Large 0.0%
Mid 0.0%
Small 0.0%
Micro 0.0%
Region Percentage
North, Central and South America 81.91%
Other 18.09%
Region Percentage
Country Percentage
Other 100.0%
Credit Percentage
AAA 0.0%
AA 0.0%
A 0.0%
BBB 0.0%
BB 0.0%
B 0.0%
Below B 0.0%
Not Rated 0.0%
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
 
View Less Charts
 
Asset Percentage
Exchange Traded Fund (ETF-ETF) 81.91%
Other 19.91%
CASH -1.82%
 
View More Charts
 

BITS Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 281.88%
20 Day Volatility 44.22%
50 Day Volatility 59.21%
200 Day Volatility 57.89%
Beta 2.23
Standard Deviation 12.00%
 
View Detailed Analysis
 
5 Day Volatility
281.88%
Rank
1 of 59
Low
MOOD (3.64%)
High
BITS (281.88%)
20 Day Volatility
44.22%
Rank
1 of 59
Low
MFUL (2.58%)
High
BITS (44.22%)
50 Day Volatility
59.21%
Rank
1 of 59
Low
PQDI (2.96%)
High
BITS (59.21%)
200 Day Volatility
57.89%
Rank
1 of 59
Low
PQDI (2.90%)
High
BITS (57.89%)
Beta
2.23
Rank
1 of 59
Low
TUG (-1.09)
High
BITS (2.23)
Standard Deviation
12.00%
Rank
1 of 59
Low
HIDE (0.24%)
High
BITS (12.00%)

 
View Summary Analysis
 

Technicals

  • 20 Day MA $63.97
  • 60 Day MA $63.34
  • MACD 15 Period 3.24
  • MACD 100 Period 1.79
  • Williams % Range 10 Day 0.52
  • Williams % Range 20 Day 15.23
  • RSI 10 Day 64
  • RSI 20 Day 57
  • RSI 30 Day 54
  • Ultimate Oscillator 59

Bollinger Bands

  • Lower Bollinger (10 Day) $60.52
  • Upper Bollinger (10 Day) $66.65
  • Lower Bollinger (20 Day) $59.85
  • Upper Bollinger (20 Day) $68.25
  • Lower Bollinger (30 Day) $55.34
  • Upper Bollinger (30 Day) $68.85

Support & Resistance

  • Support Level 1 $66.84
  • Support Level 2 $65.92
  • Resistance Level 1 $68.24
  • Resistance Level 2 $68.71

Stochastic

  • Stochastic Oscillator %D (1 Day) 63.88
  • Stochastic Oscillator %D (5 Day) 59.26
  • Stochastic Oscillator %K (1 Day) 46.11
  • Stochastic Oscillator %K (5 Day) 41.80

Tradability

  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.05
  • Maximum Premium Discount (%) 1.23
  • Average Spread (%) 43.00
  • Average Spread ($) 43.00

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Download the Fact Sheet PDF

Data Lineage

ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.

Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.

Have Questions? Contact Us.

Powered By:

FactSet
Barchart

Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

Disclosures

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
© 2024 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.
Content continues below advertisement
Our Sites
Tools
More Tools
Explore ETFs
Information