Fund Details
| Ticker | BLOK |
| Launch Date | 1/17/2018 |
| Primary Exchange | NYSE Arca |
| CUSIP | 032108607 |
| Net Assets | N/A |
| Shares Outstanding | |
| # of Holdings (view all holdings) | N/A |
| Total Expense Ratio: | N/A |
Fund Characteristics
| Weighted Avg. Market Cap | N/A |
| Price-to-earnings | N/A |
| Price-to-book | N/A |
| Standard deviation | N/A |
Standard deviation measures how dispersed returns are around the average. A higher standard deviation indicates that returns are spread out over a larger range of values and thus, more volatile.
Index Details
| Index Name | EQM Lithium & Battery Technology Index |
| Index Ticker | BATTIDX |
| Index Provider | EQM Indexes |
| Weighting Methodology | Modified market-cap |
| Rebalance Frequency | Quarterly |
| Index Website | eqmindexes.com |
Fund Documents
Insights
The BLOK-Chain Monthly
Staying up-to-date with the Rapidly Evolving Blockchain Technology
Why Invest in BLOK?
- Embrace the Future of Finance: The blockchain and crypto transformation is here, and BLOK is designed to help capture opportunities in this rapidly evolving market.
- Dynamic and Forward-Thinking: Unlike passive funds, BLOK uses active portfolio management to dynamically adjust holdings based on industry trends, regulatory changes, and emerging technologies.
- Proven Strategy Since 2018: BLOK identifies and dynamically invests in leading blockchain innovators, crypto infrastructure companies, and digital assets like bitcoin ETPs—positioning investors for long-term growth potential.
Objective and Strategy
BLOK navigates the future of blockchain and crypto investing by combining portfolio manager insights, risk management, and active decision making. BLOK invests at least 80% of its net assets in the equity securities of companies actively involved in the development and utilization of blockchain technologies. Blockchain is a technology that underpins cryptocurrencies like bitcoin. It is a peer-to-peer secure digital ledger that records and verifies tangible (Real World Assets), intangible, and digital assets across a network of computers.
What is Blockchain technology?
Blockchain is a peer-to-peer shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network. Blockchain derives its name from the way it stores transaction data – in blocks that are linked together to form a chain. As the number of transactions grow, so does the blockchain. Blocks record and confirm the time and sequence of transactions, which are then logged into the blockchain, within a discrete network governed by rules agreed on by the network participants. Although initially associated with digital commodities, it can be used to track tangible (Real World Assets), intangible and digital assets and companies in all business sectors.
BLOK invests in companies that actively develop and use blockchain technology and does not invest directly in the technology. BLOK also includes companies partnering with or investing in others involved in blockchain technology and those that are part of various consortiums dedicated to it.
What is Blockchain technology?
Blockchain is a peer-to-peer shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network. Blockchain derives its name from the way it stores transaction data – in blocks that are linked together to form a chain. As the number of transactions grow, so does the blockchain. Blocks record and confirm the time and sequence of transactions, which are then logged into the blockchain, within a discrete network governed by rules agreed on by the network participants. Although initially associated with digital commodities, it can be used to track tangible (Real World Assets), intangible and digital assets and companies in all business sectors.
BLOK invests in companies that actively develop and use blockchain technology and does not invest directly in the technology. BLOK also includes companies partnering with or investing in others involved in blockchain technology and those that are part of various consortiums dedicated to it.
NAV and Market Price
| Previous Day's NAV | Previous Day's Market Price | |||
|---|---|---|---|---|
| Net Asset Value | N/A | Closing Price | N/A | |
| Daily Change | N/A | Daily Change | N/A | |
| % Daily Change | N/A | % Daily Change | N/A | |
| 30-Day Median Bid/Ask Spread | N/A | Premium/Discount % | N/A | |
| Premium Discount History | ||||
Daily Price/NAV Performance
Fund Holdings
| TOP 10 HOLDINGS | |||
|---|---|---|---|
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Blockchain Industry Allocation & Definitions
- Application: Focused on building apps as platforms for blockchain and crypto ecosystems
- Conglomerate: Own and operate multiple different crypto-related businesses under one umbrella
- Exposure: Spot Bitcoin ETPs and companies with significant bitcoin reserves
- Miner: Operate specialized computers to solve algorithms and add new blocks to the blockchain
- Platform: Blockchain-based digital platforms for payments, transactions, or funding of accounts
- Private Blockchain: Digital ledger only accessible to select group (aka permissioned blockchain)
- Semi-Conductor: Computing hardware for crypto mining and blockchain transactions
- Venture: Provides private equity financing for blockchain and cryptocurrency projects
Industry Allocation
Country Allocation
Market Capitalization
| LARGE CAP (> $10B): | N/A |
| MID CAP ($2B - $10B): | N/A |
| SMALL CAP ($300M - < $2B): | N/A |
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Performance
| CUMULATIVE (%) | ANNUALIZED (%) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Mo. | 3 Mo. | 6 Mo. | YTD | Since Inception | 1 Yr. | 3 Yr. | 5 Yr. | Since Inception | |
| Month end as of TBD | |||||||||
| NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Quarter end as of TBD | |||||||||
| NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Fund inception date: 1/16/2018. The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Brokerage commissions will reduce returns. NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price is the last price at which the fund traded.
Premium/Discount
The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.
This is your Counts mockup
| Calendar Year | Calendar Year through | |
|---|---|---|
| Days traded at premium | N/A | N/A |
| Days traded at net asset value | N/A | N/A |
| Days traded at discount | N/A | N/A |
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at closing price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. The Fund is subject to active management risk. Narrowly focused investments, like those in blockchain, are typically more volatile and riskier than broadly diversified portfolios.
Blockchain technology may not develop efficient processes that yield economic returns for the Fund’s investments, with risks including theft, competition, cybersecurity issues, developmental challenges, and lack of regulation. The investable universe may include companies involved in transformational data sharing or blockchain consortia. The Fund will invest in foreign securities, which carry additional risks compared to U.S. securities.
The Fund may have indirect exposure to cryptocurrencies, such as bitcoin, through investment funds, but does not invest directly in bitcoin. Cryptocurrency investments are highly speculative, subject to extreme volatility, and may produce uncertain U.S. federal income tax treatment.
Investment Adviser: Amplify Investments LLC; Sub-Adviser: Tidal Investments, LLC. Amplify ETFs are distributed by Foreside Fund Services, LLC.
© 2021 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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