21SHARES ALGORAND ETP21SHARES ALGORAND ETP21SHARES ALGORAND ETP

21SHARES ALGORAND ETP

No trades
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Key stats


Assets under management (AUM)
‪10.49 M‬EUR
Fund flows (1Y)
‪6.34 M‬EUR
Dividend yield (indicated)
Discount/Premium to NAV
1.7%
Shares outstanding
‪4.31 M‬
Expense ratio
2.50%

About 21SHARES ALGORAND ETP


Brand
21Shares
Home page
Inception date
Nov 22, 2021
Structure
Swiss CISA
Index tracked
No Underlying Index
Replication method
Physical
Management style
Passive
Dividend treatment
Capitalizes
ISIN
CH1146882316
ALGO is designed to give investors the easiest and safest way to invest in Algorand, the secure, scalable and decentralized platform that supports smart contract functionality

Classification


Asset Class
Currency
Category
Pair
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ALGO via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ALGO trades at 2.1506 EUR today, its price has fallen −4.24% in the past 24 hours. Track more dynamics on ALGO price chart.
ALGO net asset value is 2.11 today — it's risen 10.15% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ALGO assets under management is ‪10.49 M‬ EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ALGO price has risen by 26.92% over the last month, and its yearly performance shows a 20.57% increase. See more dynamics on ALGO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.15% over the last month, showed a −21.07% decrease in three-month performance and has increased by 18.69% in a year.
ALGO fund flows account for ‪6.34 M‬ EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ALGO expense ratio is 2.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ALGO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ALGO technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ALGO shows the neutral signal. See more of ALGO technicals for a more comprehensive analysis.
No, ALGO doesn't pay dividends to its holders.
ALGO trades at a premium (1.73%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ALGO shares are issued by 21Shares AG
ALGO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 22, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.