BTRN vs. AVNM ETF Comparison

Comparison of Global X Bitcoin Trend Strategy ETF (BTRN) to Avantis All International Markets Equity ETF (AVNM)

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

$36.16

Average Daily Volume

297

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

AVNM

Avantis All International Markets Equity ETF

AVNM Description

The fund is a "fund of funds," meaning that it seeks to achieve its objective by investing in other Avantis exchange-traded funds (ETFs) (collectively, the underlying funds). The underlying funds represent a broadly diversified basket of equity securities that seek to select or overweight securities that are expected to have higher returns or better risk characteristics than a passive, market-cap weighted index.

Grade (RS Rating)

Last Trade

$56.52

Average Daily Volume

11,294

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	BTRN	AVNM
30 Days	43.32%	-3.25%
60 Days	50.73%	-3.39%
90 Days	53.74%	-3.56%
12 Months		13.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in BTRN	Weight in AVNM	Overlap

BTRN Overweight 1 Positions Relative to AVNM

	Symbol	Grade	Weight
	CLIP	A	62.74%

BTRN Underweight 5 Positions Relative to AVNM

	Symbol	Grade	Weight
	AVDE	D	-40.77%
	AVIV	D	-20.18%
	AVEM	D	-18.52%
	AVES	D	-12.12%
	AVDV	C	-8.36%

BTRN: Top Represented Industries & Keywords

Industries:

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

AVNM: Top Represented Industries & Keywords

Industries:

Keywords: Stock Fund Currency Exchange Traded Fund Financial Instrument Swaps Wagering Exchange Traded Funds Financial Market Frontier Markets Mutual Fund Private Sector SPDR Synthetic Replication Venture Capital