Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), PayPal Holdings (NASDAQ:PYPL), Block (NYSE:SQ).
Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Blockchain Index.
The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of blockchain technology. The fund is non-diversified.
Market Cap
The average market capitalization across the Global X Blockchain ETF ETF is 212.16B. The market cap for tickers in the group ranges from 65.2M to 3.59T. NVDA holds the highest valuation in this group at 3.59T. The lowest valued company is BKKT at 65.2M.
High and low price notable news
The average weekly price growth across all stocks in the Global X Blockchain ETF ETF was 173%. For the same ETF, the average monthly price growth was 188%, and the average quarterly price growth was 221%. BKKT experienced the highest price growth at 157%, while BTBT experienced the biggest fall at -9%.
Volume
The average weekly volume growth across all stocks in the Global X Blockchain ETF ETF was 98%. For the same stocks of the ETF, the average monthly volume growth was 120% and the average quarterly volume growth was 55%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 67
Price Growth Rating: 33
SMR Rating: 80
Profit Risk Rating: 83
Seasonality Score: 25 (-100 ... +100)