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.
|Inception Date||Feb 1, 2022|
|Category||Blockchain, Technology Equities|
|Index Tracked||Bloomberg Grayscale Future of Finance Index|
|ETF Home Page||grayscale.com|
The Grayscale Future of Finance ETF has a high expense ratio of 0.70%, indicating higher-than-average management fees.
Share Price Chart
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
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%.
|5 years (annualized)||-45.90%||-6.45%|
|10 years (annualized)||-45.90%||-6.45%|
Monthly Returns Heatmap
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|
|Grayscale Future of Finance ETF||-0.31|
The Drawdowns chart displays portfolio losses from any high point along the way.
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.
|-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|
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.