BCDFHorizon Kinetics Blockchain Development ETF

Grow my money3y track recordRanked #2,636 of 2,960 in this goal

Seeks long-term growth of capital.

By Horizon Kinetics · Launched 2022

Annual Cost

0.85%

#4,336 of 5,562 · expensive

Fund Size

$22M

#4,291 of 5,562 · small

Return (1Y)Goal

+4.0%

Track Record

3 years

#2,732 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,367+3.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Cap

Multi cap

Strategy

Active selection

Focus

Blockchain & Web3

What it actually holds

By weight

Concentration

Top 10 holdings = 57.5% of fundmoderately concentrated

Urbana Corp

8.0%

Cboe Global Markets Inc

6.8%

US BANK MMDA - USBGFS 7USBGFS7

6.1%

Nasdaq Inc

6.0%

TMX Group Ltd

6.0%

Singapore Exchange Ltd

5.7%

Intercontinental Exchange Inc

5.4%

CACI International Inc

4.9%

Deutsche Boerse AG

4.6%

Miami International Holdings I

4.0%

Asset allocation

Stocks

91.9%

Cash

7.2%

Other

0.9%

By sector

Financial Services

80.2%

Technology

10.1%

Utilities

4.2%

Energy

3.6%

Communication

1.3%

Industrials

0.4%

Real Estate

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.1%Moderate

Year-on-year price swings

Max drawdown

-27.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.73Decent risk-adjusted returns

Sortino (3Y)

1.05Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Invests primarily in equity securities of Blockchain Development Companies, including ADRs and GDRs. Employs a value-driven, bottom-up approach to select 20 to 50 issuers across various market capitalizations, focusing on sectors like Communication Services, Financials, and Information Technology.
Inception date: August 1, 2022
Fund family: Horizon Kinetics