Siren Nasdaq Nexgen Etf Profile
| BLCN Etf | USD 29.47 0.66 2.29% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Siren Nasdaq is selling at 29.47 as of the 30th of November 2024; that is 2.29 percent increase since the beginning of the trading day. The etf's open price was 28.81. Siren Nasdaq has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Siren Nasdaq NexGen are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds assets, will be invested in component securities of the index. Siren Nasdaq is traded on NASDAQ Exchange in the United States. More on Siren Nasdaq NexGen
Moving together with Siren Etf
| 0.94 | GBTC | Grayscale Bitcoin Trust | PairCorr |
| 0.94 | BITO | ProShares Bitcoin | PairCorr |
| 0.96 | BLOK | Amplify Transformational | PairCorr |
| 0.96 | BITQ | Bitwise Crypto Industry | PairCorr |
Moving against Siren Etf
Siren Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Digital Assets, SRN Advisors (View all Sectors) |
| Issuer | SRN Advisors |
| Inception Date | 2018-01-17 |
| Benchmark | Reality Shares NASDAQ Blockchain Economy Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 27,326.6 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | SRN ADVISORS, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Scott Freeze |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 57.0 |
| Market Maker | GTS |
| Total Expense | 0.68 |
| Management Fee | 0.68 |
| Country Name | USA |
| Returns Y T D | 18.7 |
| Name | Siren Nasdaq NexGen Economy ETF |
| Currency Code | USD |
| Open Figi | BBG00JRQRS37 |
| In Threey Volatility | 30.1 |
| 1y Volatility | 29.68 |
| 200 Day M A | 26.1673 |
| 50 Day M A | 26.2888 |
| Code | BLCN |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.73) |
Siren Nasdaq NexGen [BLCN] is traded in USA and was established 2018-01-16. The fund is listed under Digital Assets category and is part of SRN Advisors family. The entity is thematically classified as Strategy ETFs. Siren Nasdaq NexGen currently have 103.72 M in assets under management (AUM). , while the total return for the last 3 years was -14.4%.
Check Siren Nasdaq Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Siren Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Siren Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Siren Nasdaq NexGen Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Siren Nasdaq NexGen Currency Exposure
Siren Nasdaq NexGen holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Siren Nasdaq will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Siren Nasdaq NexGen.
Top Siren Nasdaq NexGen Etf Constituents
| NDAQ | Nasdaq Inc | Stock | Financials | |
| MARA | Marathon Digital Holdings | Stock | Information Technology | |
| MSFT | Microsoft | Stock | Information Technology | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| INTC | Intel | Stock | Information Technology | |
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| MA | Mastercard | Stock | Financials | |
| NVDA | NVIDIA | Stock | Information Technology |
Siren Nasdaq NexGen Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Siren Nasdaq. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.048 |
Siren Nasdaq Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Siren Nasdaq NexGen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Siren Nasdaq NexGen is measured differently than its book value, which is the value of Siren that is recorded on the company's balance sheet. Investors also form their own opinion of Siren Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Siren Nasdaq's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Siren Nasdaq's market value can be influenced by many factors that don't directly affect Siren Nasdaq's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Siren Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siren Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siren Nasdaq's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.