BITS vs. BTRN ETF Comparison

Comparison of Global X Blockchain & Bitcoin Strategy ETF (BITS) to Global X Bitcoin Trend Strategy ETF (BTRN)

BITS

Global X Blockchain & Bitcoin Strategy ETF

BITS Description

Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in public equity and currency markets of the United States. For its equity portion, it invests directly and through other funds in stocks of companies operating across blockchain companies including digital asset mining, blockchain and digital asset transactions, blockchain applications, blockchain and digital asset hardware, and blockchain and digital asset integration sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in Bitcoin. The fund uses derivatives such as futures contracts to invest in Bitcoin through a wholly-owned subsidiary organized in the Cayman Islands. Global X Funds - Global X Blockchain & Bitcoin Strategy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$88.34

Average Daily Volume

3,944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BTRN

Global X Bitcoin Trend Strategy ETF

BTRN Description

BTRN tracks an index that seeks to provide long-only exposure to US exchange-traded bitcoin futures contracts or a short-term US Treasury position. The index dynamically allocates between these two positions based on the value of a proprietary bitcoin trend indicator. The indicator aims to detect the presence, direction, and strength of the price trend of bitcoin. A combination of four exponential moving average calculations are considered in order to compute a single value of the average price of bitcoin over explicit periods. Based on this value, the index increases its allocation to bitcoin futures (up to 100%) when the value indicated is higher, and decreases (until 0%) when the value is lower. Any funds assets not allocated to the bitcoin futures position are subsequently allocated to the US Treasurys position, up to 100%. The fund seeks to gain exposure to BTC futures through investments in a Cayman Islands subsidiary.

Grade (RS Rating)

Last Trade

$32.41

Average Daily Volume

264

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BITS	BTRN
30 Days	29.66%	28.88%
60 Days	44.59%	38.72%
90 Days	42.90%	37.93%
12 Months	137.19%

1 Overlapping Holdings

	Symbol	Grade	Weight in BITS	Weight in BTRN	Overlap
	CLIP	A	30.18%	62.74%	30.18%

BITS Overweight 1 Positions Relative to BTRN

	Symbol	Grade	Weight
	BKCH	B	50.21%

BITS Underweight 0 Positions Relative to BTRN

	Symbol	Grade	Weight

BITS: Top Represented Industries & Keywords

Industries:

Keywords: American Depositary Receipt Betashares Cloud Technologies Depositary Receipt Exchange Traded Fund Exchange Traded Funds Mortgage Backed Security Securitization Stock Fund U.S. Treasury Wagering

BTRN: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund Mortgage Backed Security Securitization U.S. Treasury Wagering