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BLKC - ETF AI Analysis
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Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC)
Rating:52Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance in Key Holdings
Several top positions like Intel, Texas Instruments, GameStop, and Verizon have shown strong gains this year, helping support the fund despite recent weakness.
Sector Diversification Across Financials and Technology
Holdings spread across financial, technology, and several smaller sectors help reduce the impact if any one industry runs into trouble.
Global Exposure Beyond the U.S.
While most assets are in U.S. companies, the ETF also includes exposure to markets like Hong Kong, Germany, Switzerland, Canada, and Japan, adding some international diversification.
Negative Factors
Weak Recent Performance
The ETF has shown notably negative returns over the past month, three months, and year-to-date, signaling recent performance has been weak.
High U.S. Concentration
With the majority of assets in U.S. companies, the fund is heavily tied to the direction of the U.S. market and less cushioned by foreign markets.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are eaten up by fees over time.
BLKC vs. SPDR S&P 500 ETF (SPY)
AUM4.15M
RegionGlobal
Expense Ratio0.60%
Beta1.55
IssuerInvesco
Inception DateOct 07, 2021
Dividend Yield8.78%
Asset ClassEquity
Index TrackedAlerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume170
30 Day Avg. Volume2,931
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
31.70Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering70
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BLKC Summary
BLKC is an ETF that follows the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index, focusing on companies using or supporting blockchain and decentralized commerce. It holds a mix of financial and technology firms, including well-known names like Intel and Walmart, that are involved in digital transactions, data processing, and related services. Someone might invest in BLKC to seek growth from the long-term adoption of blockchain technology while getting diversification across many companies instead of picking single stocks. A key risk is that it is heavily tied to the blockchain and crypto-related sector, so its price can be very volatile and may drop sharply.
How much will it cost me?The expense ratio for the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) is 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a niche sector like blockchain, which requires specialized research and management.
What would affect this ETF?The BLKC ETF could benefit from increasing adoption of blockchain technology across industries like finance and supply chain, as well as growing interest in decentralized commerce solutions. However, it may face challenges from regulatory scrutiny on cryptocurrencies and blockchain applications, as well as potential economic slowdowns that could impact technology and financial sectors globally.
BLKC Top 10 Holdings
BLKC’s story is less about pure crypto bets and more about the picks-and-shovels behind digital commerce. Chipmakers like Texas Instruments and Intel are rising and helping to pull the fund forward, while TSMC has turned a bit mixed lately after a strong run, adding some wobble to the semiconductor backbone. On the steadier side, Walmart and Nestlé act like ballast, keeping volatility in check, and Verizon plus Cisco provide a slow-and-steady tech-and-telecom core. Overall, it’s a globally diversified, blockchain-themed play anchored in traditional sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TeraWulf Inc | 1.76% | $74.70K | $6.77B | 242.80% | 50 Neutral | |
| ― | 1.72% | $72.85K | ― | ― | ― | |
| Verizon | 1.68% | $71.26K | $206.31B | 18.96% | 81 Outperform | |
| Texas Instruments | 1.67% | $70.79K | $204.83B | 21.04% | 78 Outperform | |
| Walmart | 1.65% | $70.02K | $1.03T | 29.01% | 78 Outperform | |
| TSMC | 1.61% | $68.14K | $1.57T | 79.68% | 81 Outperform | |
| Intel | 1.58% | $67.14K | $230.67B | 79.55% | 64 Neutral | |
| Shell | 1.56% | $66.09K | $218.63B | 18.15% | 78 Outperform | |
| Nestlé SA | 1.54% | $65.41K | CHF199.86B | 12.90% | 71 Outperform | |
| Applied Digital Corporation | 1.54% | $65.13K | $9.38B | 266.36% | 54 Neutral |
BLKC Technical Analysis
Negative
―
Price Trends
23.38
Negative
25.49
Negative
24.97
Negative
Market Momentum
-0.90
Negative
34.12
Neutral
20.18
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BLKC, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 21.13, equal to the 50-day MA of 23.38, and equal to the 200-day MA of 24.97, indicating a bearish trend. The MACD of -0.90 indicates Negative momentum. The RSI at 34.12 is Neutral, neither overbought nor oversold. The STOCH value of 20.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BLKC.
BLKC Peer Comparison
Comparison Results
Performance Comparison
BLKC
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF
20.63
2.11
11.39%
IBLC
iShares Blockchain and Tech ETF
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―
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HECO
SPDR Galaxy Hedged Digital Asset Ecosystem ETF
―
―
―
BCDF
Horizon Kinetics Blockchain Development ETF
―
―
―
DECO
SPDR Galaxy Digital Asset Ecosystem ETF
―
―
―
MNRS
Grayscale Bitcoin Miners ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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