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ETFs

iShares Blockchain and Tech ETF

IBLC
$--
Today’s Change
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Snapshot
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Inception Date
Apr 25 2022
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$230,521
AUM
$7,112,379
Associated Index
NYSE FactSet Global Blockchain Technologies Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

COIN
Coinbase Global Inc - Ordinary Shares - Class A
12.75%
RIOT
Riot Platforms Inc
11.73%
MARA
Marathon Digital Holdings Inc
10.13%
CLSK
Cleanspark Inc
7.76%
APLD
Applied Digital Corporation
4.81%
IBM
International Business Machines Corp.
4.64%
PYPL
PayPal Holdings Inc
4.25%
HUT
Hut 8 Mining Corp
4.20%
AMD
Advanced Micro Devices Inc.
4.11%
NVDA
NVIDIA Corp
4.02%
Invest with IBLC

What is IBLC?

The Fund seeks to track the investment results of the NYSE FactSet Global Blockchain Technologies Index, which is a rules- based, modified float-adjusted market capitalization-weighted equity index that measures the performance of equity securities issued by U.S. and non-U.S. companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies. The Fund may invest in non-U.S. companies, including those located in emerging markets, without any limits consistent with the Underlying Index. ICE Data Indices, LLC, or its affiliates, uses FactSet's Revere Business Industry Classification System classifications to determine the eligible universe.

ETFs related toIBLC

ETFs correlated to IBLC include FDIG, BKCH, BLOK

IBLC
iShares Trust - iShares Blockchain and Tech ETF
FDIG
Fidelity Covington Trust - Fidelity Crypto Industry and Digital Payments ETF
BKCH
Global X Funds - Global X Blockchain ETF
BLOK
Amplify ETF Trust - Amplify Transformational Data Sharing ETF
WGMI
Valkyrie ETF Trust II - Valkyrie Bitcoin Miners ETF
CONY
Tidal Trust II - YieldMax COIN Option Income Strategy ETF
CONL
GraniteShares ETF Trust - GraniteShares 1.5x Long Coinbase Daily ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

IBLC is a Global Equities ETF. The Fund seeks to track the investment results of the NYSE FactSet Global Blockchain Technologies Index, which is a rules- based, modified float-adjusted market capitalization-weighted equity index that measures the performance of equity securities issued by U.S. and non-U.S. companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies. The Fund may invest in non-U.S. companies, including those located in emerging markets, without any limits consistent with the Underlying Index. ICE Data Indices, LLC, or its affiliates, uses FactSet's Revere Business Industry Classification System classifications to determine the eligible universe.

IBLC tracks the NYSE FactSet Global Blockchain Technologies Index.

No, IBLC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IBLC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IBLC is -0.0845%. This is the percent change in the value of IBLC over the most recent 1-month period. The 3-month return on IBLC is -0.1151%. This is the percent change in the value of IBLC over the most recent 3-month period.

The standard deviation of IBLC for the past year is 0.6002%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IBLC include PBW, IGF, and EFG.

ETFs correlated to IBLC include FDIG, BKCH, and BLOK.

ETFs that are inversely correlated to IBLC include SARK, BITI, and HIBS.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.