Key stats
About Siren Nasdaq NexGen Economy ETF
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Inception date
Jan 17, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SRN Advisors LLC
BLCN is one of the first ETFs to focus on blockchain technology. The fund tracks an index of global companies committed to blockchain development. Although not an active fund, the index committee has wide discretion in selecting companies. The main criteria used to evaluate a company is the level of material resources it has committed to researching, developing, supporting, and expanding the use of blockchain technology. All criteria are eventually rolled up to form the BlockChain Score. The index includes the 50-100 highest scoring companies, giving greater weight to higher-scoring companies. Because blockchain technology has uses across varying industries, BLCN could have exposure to multiple sectors. The index is reconstituted and rebalanced semi-annually. Note: The fund was acquired by SRN Advisors. Prior to November 23, 2020, the fund and index names were Reality Shares Nasdaq NexGen Economy ETF and Reality Shares Nasdaq Blockchain Economy Index, respectively.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
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Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Stocks99.21%
Technology Services46.30%
Finance32.27%
Electronic Technology12.30%
Retail Trade4.04%
Producer Manufacturing2.49%
Commercial Services1.81%
Bonds, Cash & Other0.79%
Cash0.73%
Mutual fund0.06%
Stock breakdown by region
North America74.43%
Asia16.52%
Europe4.86%
Oceania3.85%
Middle East0.34%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history