RATE vs. BITS ETF Comparison
Comparison of Global X Interest Rate Hedge ETF (RATE) to Global X Blockchain & Bitcoin Strategy ETF (BITS)
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
$19.94
Average Daily Volume
1,840
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
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
$89.10
Average Daily Volume
3,810
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
Performance
| Period | RATE | BITS |
|---|---|---|
| 30 Days | 7.44% | 35.02% |
| 60 Days | 17.06% | 49.75% |
| 90 Days | 10.07% | 55.02% |
| 12 Months | -3.91% | 163.28% |
1 Overlapping Holdings
| Symbol | Grade | Weight in RATE | Weight in BITS | Overlap | |
|---|---|---|---|---|---|
| CLIP | A | 82.29% | 30.18% | 30.18% |
RATE Overweight 0 Positions Relative to BITS
| Symbol | Grade | Weight |
|---|
RATE Underweight 1 Positions Relative to BITS
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKCH | B | -50.21% |
RATE: Top Represented Industries & Keywords
Industries:
BITS: Top Represented Industries & Keywords
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