BTRN vs. RATE ETF Comparison

Comparison of Global X Bitcoin Trend Strategy ETF (BTRN) to Global X Interest Rate Hedge ETF (RATE)

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

RATE

Global X Interest Rate Hedge ETF

RATE Description

The fund is an actively managed exchange traded fund that seeks to achieve its investment objective primarily by investing in (1) long put options position(s) on exchange traded funds that primarily invest in U.S. Treasuries and/or long put options position(s) on U.S. Treasury futures, and/or (2) long interest rate payer swap options ("swaptions"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.16

Average Daily Volume

1,939

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTRN	RATE
30 Days	28.88%	10.73%
60 Days	38.72%	16.92%
90 Days	37.93%	10.44%
12 Months		-6.46%

1 Overlapping Holdings

	Symbol	Grade	Weight in BTRN	Weight in RATE	Overlap
	CLIP	A	62.74%	82.29%	62.74%

BTRN Overweight 0 Positions Relative to RATE

	Symbol	Grade	Weight

BTRN Underweight 0 Positions Relative to RATE

	Symbol	Grade	Weight

BTRN: Top Represented Industries & Keywords

Industries:

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

RATE: Top Represented Industries & Keywords

Industries:

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