Grayscale Future of Finance ETF (GFOF)
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
| ISIN | US26922B7257 |
|---|---|
| CUSIP | 26922B725 |
| Issuer | Grayscale |
| Inception Date | Feb 1, 2022 |
| Category | Blockchain, Technology Equities |
| Index Tracked | Bloomberg Grayscale Future of Finance Index |
| ETF Home Page | grayscale.com |
| Asset Class | Equity |
Expense Ratio
The Grayscale Future of Finance ETF has a high expense ratio of 0.70%, indicating higher-than-average management fees.
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.
Compare to other instruments
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%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -3.59% | 1.70% |
| Year-To-Date | 42.37% | 9.53% |
| 6 months | 18.92% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 46.49% | -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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
GFOF Grayscale Future of Finance ETF | -0.31 | ||||
^GSPC S&P 500 | 0.27 |
Dividend History
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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, 2022 | 189 | Dec 28, 2022 | — | — | — |
| -23.87% | Feb 10, 2022 | 22 | Mar 14, 2022 | 8 | Mar 24, 2022 | 30 |
| -4.27% | Feb 3, 2022 | 1 | Feb 3, 2022 | 1 | Feb 4, 2022 | 2 |
| -2.78% | Mar 25, 2022 | 1 | Mar 25, 2022 | 1 | Mar 28, 2022 | 2 |
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.