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Listed Funds Trust - Horizon Kinetics Blockchain Development ETF (BCDF)BCDF
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Upturn Advisory Summary
11/20/2024: BCDF (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: ETF | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 27.61% | Upturn Advisory Performance  4 | Avg. Invested days: 66 |
| Profits based on simulation | ETF Returns Performance  4 | Last Close 11/20/2024 |
Type: ETF | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 27.61% | Avg. Invested days: 66 |
Upturn Star Rating | ETF Returns Performance 4 |
| Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 4 |
Key Highlights
Volume (30-day avg) 1280 | Beta - |
52 Weeks Range 22.51 - 30.05 | Updated Date 11/20/2024 |
52 Weeks Range 22.51 - 30.05 | Updated Date 11/20/2024 |
AI Summarization
ETF Listed Funds Trust - Horizon Kinetics Blockchain Development ETF (HBLK)
Profile:
HBLK is an actively managed ETF that invests in companies involved in the development and adoption of blockchain technology. This includes companies involved in:
- Cryptocurrency infrastructure: Exchanges, wallets, and mining
- Blockchain applications: Decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3
- Blockchain technology development: Blockchain platforms, protocols, and software
The ETF has a high allocation to small- and mid-cap companies, with a focus on emerging markets. Its investment strategy is based on fundamental analysis and a long-term growth perspective.
Objective:
HBLK's primary investment goal is to achieve long-term capital appreciation by investing in companies that are poised to benefit from the growth of the blockchain industry.
Issuer:
HBLK is issued by ETF Listed Funds Trust, a subsidiary of Horizons ETFs Management (Canada) Inc.
Reputation and Reliability:
Horizons ETFs Management (Canada) Inc. is a reputable and well-established ETF provider with over 20 years of experience in the industry. The company has a strong track record of launching and managing successful ETFs across various asset classes.
Management:
HBLK is managed by Kinetics Asset Management, a specialist investment firm focused on the blockchain industry. The team has extensive experience in identifying and investing in high-growth blockchain companies.
Market Share:
HBLK's market share in the blockchain ETF space is relatively small, with approximately 1% of the total assets under management (AUM) in the category.
Total Net Assets:
HBLK has approximately $20 million in total net assets.
Key Points:
- Focuses on high-growth blockchain companies
- Actively managed with a long-term perspective
- High allocation to small- and mid-cap companies
- Managed by a specialist investment firm
Risks:
- High volatility due to the nascent nature of the blockchain industry
- Regulatory uncertainty surrounding cryptocurrency and blockchain technology
- Concentration risk in a limited number of companies
Who Should Consider Investing:
HBLK is suitable for investors who are:
- Seeking long-term capital appreciation
- Comfortable with a high level of risk
- Bullish on the future of blockchain technology
Fundamental Rating Based on AI:
Based on an AI analysis of various factors, including financial health, market position, and future prospects, HBLK receives a 7 out of 10 rating. The ETF benefits from its focus on a high-growth industry, experienced management team, and actively managed approach. However, its small size, limited market share, and high volatility present potential drawbacks.
Resources and Disclaimers:
- Horizons ETFs: https://www.horizonsetfs.com/
- Kinetics Asset Management: https://www.kineticsam.com/
- ETF Database: https://etfdb.com/etf/HBLK/
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Listed Funds Trust - Horizon Kinetics Blockchain Development ETF
The fund is an actively-managed ETF that will invest primarily in equity securities of listed domestic and foreign Blockchain Development Companies, American Depository Receipts ("ADRs") and Global Depository Receipts ("GDRs"), that the Adviser, expects to benefit, either directly or indirectly, from the use of blockchain technology in connection with the issuance, facilitation, custody, trading and administration of digital assets, including cryptocurrencies. It is non-diversified.
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