RATE vs. BTRN ETF Comparison
Comparison of Global X Interest Rate Hedge ETF (RATE) to Global X Bitcoin Trend Strategy ETF (BTRN)
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
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
$33.22
Average Daily Volume
267
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
Performance
| Period | RATE | BTRN |
|---|---|---|
| 30 Days | 7.44% | 33.63% |
| 60 Days | 17.06% | 42.22% |
| 90 Days | 10.07% | 41.46% |
| 12 Months | -3.91% |
1 Overlapping Holdings
| Symbol | Grade | Weight in RATE | Weight in BTRN | Overlap | |
|---|---|---|---|---|---|
| CLIP | A | 82.29% | 62.74% | 62.74% |
RATE Overweight 0 Positions Relative to BTRN
| Symbol | Grade | Weight |
|---|
RATE Underweight 0 Positions Relative to BTRN
| Symbol | Grade | Weight |
|---|
RATE: Top Represented Industries & Keywords
Industries:
BTRN: Top Represented Industries & Keywords
Industries:
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