Global X Blockchain & Bitcoin Strategy ETF (BITS)
BITS is a passive ETF by Global X tracking the investment results of the NONE. BITS launched on Nov 15, 2021 and has a 0.65% expense ratio.
ETF Info
| ISIN | US37960A8751 |
|---|---|
| Issuer | Global X |
| Inception Date | Nov 15, 2021 |
| Region | Global (Broad) |
| Category | Blockchain |
| Leveraged | 1x |
| Index Tracked | NONE |
| Asset Class | Cryptocurrency |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
BITS features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X Blockchain & Bitcoin Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X Blockchain & Bitcoin Strategy ETF had a return of 2.56% year-to-date (YTD) and 76.83% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.56% | 13.39% |
| 1 month | -3.61% | 4.02% |
| 6 months | -23.96% | 5.56% |
| 1 year | 76.83% | 21.51% |
| 5 years (annualized) | N/A | 12.69% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns
The table below presents the monthly returns of BITS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -12.55% | 41.99% | 11.36% | -20.01% | 12.87% | 1.04% | 4.96% | -13.20% | 2.56% | ||||
| 2023 | 50.59% | -2.46% | 16.99% | 3.38% | 0.41% | 17.06% | 10.20% | -19.50% | -6.23% | 15.24% | 19.87% | 30.13% | 212.23% |
| 2022 | -19.72% | 5.73% | 5.90% | -25.36% | -21.02% | -40.56% | 34.74% | -10.72% | -8.64% | 1.49% | -21.77% | -10.70% | -75.46% |
| 2021 | -6.55% | -24.36% | -29.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BITS is 55, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X Blockchain & Bitcoin Strategy ETF (BITS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X Blockchain & Bitcoin Strategy ETF granted a 13.71% dividend yield in the last twelve months. The annual payout for that period amounted to $7.43 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $7.43 | $7.28 | $0.09 | $1.49 |
Dividend yield | 13.71% | 13.69% | 0.48% | 1.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X Blockchain & Bitcoin Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.00 | $0.38 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.05 | $7.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.09 |
| 2021 | $1.49 | $1.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X Blockchain & Bitcoin Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X Blockchain & Bitcoin Strategy ETF was 83.11%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Global X Blockchain & Bitcoin Strategy ETF drawdown is 44.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -83.11% | Nov 17, 2021 | 280 | Dec 28, 2022 | — | — | — |
Volatility
Volatility Chart
The current Global X Blockchain & Bitcoin Strategy ETF volatility is 16.37%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.