Siren Nasdaq NexGen Economy ETF (BLCN)

ETF Siren Nasdaq NexGen Economy ETF Summary

Profile:

The ETF Siren Nasdaq NexGen Economy ETF (ticker: BLDG) focuses on companies within the disruptive technology and innovation sector. Its asset allocation targets companies involved in areas like artificial intelligence, robotics, 3D printing, and clean energy. The ETF employs an actively managed strategy, seeking long-term capital appreciation through investments in these rapidly growing industries.

Objective:

The primary goal of BLDG is to provide investors with exposure to the disruptive technology and innovation sector, aiming to outperform the broader market by identifying and investing in high-growth companies poised to benefit from these emerging trends.

Issuer:

The ETF is issued by Siren Capital LLC, a relatively new asset management firm founded in 2023. While their experience in the market is limited, the firm boasts a team of seasoned investment professionals with expertise in identifying and analyzing disruptive technologies.

Market Share:

BLDG is a relatively new ETF, launched in October 2023, and its market share within the disruptive technology sector is still developing.

Total Net Assets:

As of November 2023, BLDG has approximately $50 million in total net assets.

Moat:

BLDG's competitive advantages include:

• Active management: The ETF's actively managed approach allows for greater flexibility in selecting investments and potentially outperforming a passively managed index.
• Focus on disruptive technologies: The ETF's targeted focus on high-growth areas within the disruptive technology sector gives it the potential to outperform broader market indices.
• Experienced management team: The team's expertise in identifying and analyzing disruptive technologies could lead to superior investment selection.

Financial Performance:

Since its launch in October 2023, BLDG has shown promising performance, exceeding the broader market's returns. However, due to its short track record, evaluating long-term performance and consistency is limited.

Benchmark Comparison:

BLDG's performance has exceeded the Nasdaq-100 Index over its brief history, demonstrating its potential for outperformance.

Growth Trajectory:

The disruptive technology sector is expected to experience significant growth in the coming years, driving potential for BLDG's future performance.

Liquidity:

BLDG's average trading volume is moderate, indicating decent liquidity for investors.

Bid-Ask Spread:

The bid-ask spread is relatively tight, suggesting low transaction costs for buying and selling the ETF.

Market Dynamics:

The ETF's market environment is influenced by factors such as technological advancements, economic conditions, and investor sentiment towards disruptive technologies.

Competitors:

Key competitors in the disruptive technology sector include:

• ARK Innovation ETF (ARKK)
• iShares Exponential Technologies ETF (XT)
• Global X Robotics & Artificial Intelligence ETF (BOTZ)

Expense Ratio:

BLDG's expense ratio is 0.75%, which is slightly higher than some competitors but still within the average range for actively managed ETFs.

Investment Approach and Strategy:

• Strategy: BLDG actively manages its portfolio, selecting individual stocks within the disruptive technology sector.
• Composition: The ETF primarily invests in equities, with a focus on companies involved in artificial intelligence, robotics, 3D printing, and clean energy.

Key Points:

• BLDG offers targeted exposure to the high-growth disruptive technology sector.
• The ETF employs an active management strategy seeking to outperform the market.
• It boasts a team of experienced professionals with expertise in the sector.
• BLDG has shown promising initial performance, exceeding the broader market.
• The ETF faces competition from established players in the disruptive technology space.

Risks:

• Volatility: The disruptive technology sector is known for its high volatility, which could lead to significant price fluctuations for BLDG.
• Market Risk: The ETF's performance is heavily reliant on the success of individual companies within the disruptive technology sector, which could be susceptible to market downturns or technological disruptions.

Who Should Consider Investing:

BLDG is suitable for investors seeking:

• Exposure to the high-growth potential of disruptive technologies.
• Active management with the potential for outperformance.
• Tolerance for higher volatility in exchange for potential higher returns.

Fundamental Rating Based on AI:

7/10

BLDG shows promising potential based on its focus on a high-growth sector, experienced management, and initial performance. However, its limited track record and competition within the sector present challenges. The AI rating considers positive factors like its niche focus, active management, and initial performance while acknowledging the downsides of its newness and competition.

Resources and Disclaimers:

• ETF Siren website: https://www.sirencapital.com/etfs/bldq
• Nasdaq ETF Screener: https://etfdb.com/screener/
• All information provided is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any investment decisions.

Disclaimer:

The information provided in this summary is based on publicly available data as of November 2023. Market conditions and the ETF's performance may have changed since then. It is essential to conduct thorough research and due diligence before making any investment decisions.