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Grayscale Future of Finance ETF (GFOF)

ETF · Currency in USD · Last updated May 27, 2023

GFOF is a passive ETF by Grayscale tracking the investment results of the Bloomberg Grayscale Future of Finance Index. GFOF launched on Feb 1, 2022 and has a 0.70% expense ratio.

ETF Info

ISINUS26922B7257
CUSIP26922B725
IssuerGrayscale
Inception DateFeb 1, 2022
CategoryBlockchain, Technology Equities
Index TrackedBloomberg Grayscale Future of Finance Index
ETF Home Pagegrayscale.com
Asset ClassEquity

Expense Ratio

The Grayscale Future of Finance ETF has a high expense ratio of 0.70%, indicating higher-than-average management fees.


0.70%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Grayscale Future of Finance ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%50.00%December2023FebruaryMarchAprilMay
23.80%
6.09%
GFOF (Grayscale Future of Finance ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with GFOF

Grayscale Future of Finance ETF

Return

Grayscale Future of Finance ETF had a return of 42.37% year-to-date (YTD) and -26.54% in the last 12 months. Over the past 10 years, Grayscale Future of Finance ETF had an annualized return of -45.90%, outperforming the S&P 500 benchmark which had an annualized return of -6.45%.


PeriodReturnBenchmark
1 month-3.59%1.70%
Year-To-Date42.37%9.53%
6 months18.92%4.45%
1 year-26.54%1.14%
5 years (annualized)-45.90%-6.45%
10 years (annualized)-45.90%-6.45%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202346.49%-3.65%-0.10%5.05%
2022-0.90%-21.21%-17.11%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Grayscale Future of Finance ETF (GFOF) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
GFOF
Grayscale Future of Finance ETF
-0.31
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Grayscale Future of Finance ETF Sharpe ratio is -0.31. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.200.000.200.40Feb 12Feb 19Feb 26Mar 05Mar 12Mar 19Mar 26Apr 02Apr 09Apr 16Apr 23Apr 30May 07May 14May 21
-0.31
0.27
GFOF (Grayscale Future of Finance ETF)
Benchmark (^GSPC)

Dividend History


Grayscale Future of Finance ETF doesn't pay dividends

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%December2023FebruaryMarchAprilMay
-62.74%
-9.20%
GFOF (Grayscale Future of Finance ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Grayscale Future of Finance ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Grayscale Future of Finance ETF is 75.18%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.18%Mar 30, 2022189Dec 28, 2022
-23.87%Feb 10, 202222Mar 14, 20228Mar 24, 202230
-4.27%Feb 3, 20221Feb 3, 20221Feb 4, 20222
-2.78%Mar 25, 20221Mar 25, 20221Mar 28, 20222

Volatility Chart

The current Grayscale Future of Finance ETF volatility is 12.84%, 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.


5.00%10.00%15.00%20.00%25.00%December2023FebruaryMarchAprilMay
12.84%
3.82%
GFOF (Grayscale Future of Finance ETF)
Benchmark (^GSPC)