The Amplify Transformational Data Sharing ETF is one of a handful of funds that invests in businesses involved in blockchain, the technology behind cryptocurrencies like Bitcoin.
BLOK, like other funds that debuted near the height of the bitcoin craze, was the industry’s answer to regulatory roadblocks to pure-play Bitcoin ETFs. Instead of investing directly in volatile digital currencies, BLOK looks for companies that are involved in the development and utilization of blockchain technology.
BLOK’s portfolio includes well-known U.S. stocks like Microsoft, Google-parent Alphabet, and IBM, alongside Japanese internet firm GMO Internet and Chinese online retailer JD.com.
It’s a smidge more expensive than rival Reality Shares Nasdaq NexGen Economy ETF (BLCN), which invests in many of the same companies, but BLOK had the advantage of beating BLCN to the market by one day, and it has so far raised more assets.
BLOK faces the same complication faced by other niche ETFs targeting narrow, trendy slices of the economy, which is that it’s hard to build a pure-play portfolio. There’s inevitable investment overlap with broad-based tech ETFs as well as other niche products such as the Global X FinTech ETF (FINX) and the ETFMG Prime Mobile Payments ETF (IPAY).
| Segment | Equity: Global Blockchain |
| Category | Sector |
| Focus | Theme |
| Niche | Blockchain |
| Strategy | Active |
| Weighting Scheme | Proprietary |
This section compares how balanced and deep this ETF is relative to its peers.
| BLOK | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 49 | 67 | 54 |
| % of Assets in Top 10 | 39.18% | 46.14% | 47.23% |
| % of Assets in Top 15 | 52.99% | 59.85% | 58.23% |
| % of Assets in Top 50 | 100.00% | 94.10% | 91.50% |
| BLOK | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 42.02% | 60.00% | 46.03% |
| Mid (>2.7B) | 11.53% | 20.97% | 4.60% |
| Small (>600M) | 23.62% | 10.75% | 11.68% |
| Micro (<600M) | 15.00% | 4.65% | 9.88% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| BLOK | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 5.75 | $ 0.28 | $ 1.07 |
| Dividend Date | 2021-12-29 | N/A | N/A |
| Annual Dividend Rate | N/A | $ 0.38 | $ 0.31 |
| Annual Dividend Yield | N/A | 0.79% | 1.14% |
View charts featuring BLOK price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -6.32 M 3 Month Net Flows: -17.19 M 6 Month Net Flows: -28.31 M 1 Year Net Flows: -89.58 M 3 Year Net Flows: 1.02 B 5 Year Net Flows: 977.77 M 10 Year Net Flows: 1.14 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -11.36 MThe adjacent table gives investors an individual Realtime Rating for BLOK 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 Technology Equities 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.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| BLOK |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -8.77% | -6.76% | -7.55% |
| 3 Month Return | -12.62% | -6.76% | -11.40% |
| YTD Return | 31.48% | 23.86% | 30.83% |
| 1 Year Return | 7.46% | 20.59% | 5.48% |
| 3 Year Return | -2.31% | 2.00% | -2.00% |
| 5 Year Return | 3.18% | 4.10% | 0.97% |
The following charts reflect the geographic spread of BLOK's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 82.45% |
| Asia Pacific | 13.96% |
| Other | 3.59% |
| Country | Percentage |
|---|---|
| United States | 55.4% |
| Japan | 12.48% |
| Canada | 9.05% |
| Other | 7.43% |
| Ireland | 4.05% |
| Cayman Islands | 2.92% |
| Singapore | 2.6% |
| Taiwan | 1.68% |
| India | 1.28% |
| Uruguay | 1.24% |
| China | 1.07% |
| Norway | 0.8% |
The following charts reflect the allocation of BLOK's underlying holdings.
| Sector | Percentage |
|---|---|
| Technology Services | 49.48% |
| Finance | 18.32% |
| Commercial Services | 11.76% |
| Miscellaneous | 6.76% |
| Retail Trade | 5.73% |
| Electronic Technology | 4.77% |
| Other | 3.07% |
| CASH | 0.11% |
| Market Cap | Percentage |
|---|---|
| Large | 42.02% |
| Small | 23.62% |
| Micro | 15.0% |
| Mid | 11.53% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 86.21% |
| American Depositary Receipt | 5.95% |
| Exchange Traded Fund (ETF-ETF) | 4.25% |
| Other | 3.07% |
| Corporate | 0.41% |
| CASH | 0.11% |
| Sector | Percentage |
|---|---|
| Technology Services | 49.48% |
| Finance | 18.32% |
| Commercial Services | 11.76% |
| Miscellaneous | 6.76% |
| Retail Trade | 5.73% |
| Electronic Technology | 4.77% |
| Other | 3.07% |
| CASH | 0.11% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 168.13% |
| 20 Day Volatility | 17.34% |
| 50 Day Volatility | 27.50% |
| 200 Day Volatility | 32.02% |
| Beta | 1.5 |
| Standard Deviation | 2.64% |
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 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.
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