GDXD vs. BITS ETF Comparison
Comparison of MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) to Global X Blockchain & Bitcoin Strategy ETF (BITS)
GDXD
MicroSectors Gold Miners -3X Inverse Leveraged ETNs
GDXD Description
The investment seeks the return on the notes is linked to a three times leveraged participation in the daily inverse performance of the S-Network MicroSectorsTM Gold Miners Index.The index is a total return index that tracks the performance of two exchange traded funds, the VanEck Vectors® Gold Miners ETF (the ?GDX?) and the VanEck Vectors® Junior Gold Miners ETF (the ?GDXJ?).
Grade (RS Rating)
Last Trade
$13.47
Average Daily Volume
1,236,851
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
$96.86
Average Daily Volume
3,961
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
Performance
Period | GDXD | BITS |
---|---|---|
30 Days | 40.25% | 29.74% |
60 Days | 10.34% | 50.64% |
90 Days | -8.20% | 48.81% |
12 Months | -74.89% | 155.42% |
0 Overlapping Holdings
Symbol | Grade | Weight in GDXD | Weight in BITS | Overlap |
---|
GDXD Overweight 1 Positions Relative to BITS
Symbol | Grade | Weight | |
---|---|---|---|
GDX | C | 73.05% |
GDXD: Top Represented Industries & Keywords
BITS: Top Represented Industries & Keywords