BLKC - ETF AI Analysis

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Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC)

Rating:54Neutral

Price Target:―

The overall rating of the BLKC ETF suggests a balanced mix of strengths and weaknesses among its holdings. Strong contributors like AMD and Qualcomm drive the fund’s rating with their robust financial performance, strategic focus on growth areas like AI and IoT, and positive earnings sentiment. However, weaker holdings such as Core Scientific and Applied Digital, which face significant financial challenges and valuation concerns, may have held back the fund’s overall score. A key risk factor is the ETF's exposure to companies with high leverage and ongoing losses, which could impact long-term stability.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered solid returns so far this year, indicating strong momentum in its holdings.

Exposure to Growth Sectors

The fund is heavily weighted in Financial and Technology sectors, which are key drivers of innovation and growth.

Global Diversification

While primarily focused on the U.S., the ETF includes exposure to international markets like Hong Kong, Canada, and Germany.

Negative Factors

High Expense Ratio

The ETF charges a relatively high fee compared to many other funds, which could eat into investor returns over time.

Underperforming Top Holding

Canaan, one of the largest positions, has shown negative performance this year, which may drag on overall returns.

Limited Sector Diversification

The ETF is heavily concentrated in Financial and Technology sectors, leaving it vulnerable to downturns in these industries.

BLKC vs. SPDR S&P 500 ETF (SPY)

AUM6.46M

RegionGlobal

Expense Ratio0.60%

Beta1.52

IssuerInvesco

Inception DateOct 07, 2021

Dividend Yield20.63%

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. Volume2,199

30 Day Avg. Volume2,297

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

39.26

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering73

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

BLKC Summary

The Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) focuses on companies using blockchain technology to innovate industries like finance, supply chain, and digital transactions. It includes well-known names like Walmart and Nestlé, along with emerging blockchain-focused firms such as Bitfarms and Cipher Mining. This ETF is ideal for investors who believe in the growth potential of blockchain technology and want to diversify their portfolio with exposure to this cutting-edge sector. However, new investors should be aware that the ETF’s performance can be volatile, as it is heavily tied to the success of blockchain and cryptocurrency-related industries.

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

The BLKC ETF is heavily tilted toward technology and financial sectors, reflecting its blockchain-focused theme. IBM and Cisco are steady performers, buoyed by their strategic pivots to AI and hybrid cloud solutions, which align well with the fund’s innovative focus. Citigroup is rising, driven by strong earnings and strategic growth, while Accenture has struggled recently, weighed down by mixed technical signals and sector headwinds. With a global mix of established and emerging players, the fund’s positioning highlights the transformative potential of blockchain, though some names are holding back momentum.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
CIFR	Cipher Mining	1.60%	$106.70K	$8.04B	203.73%	55 Neutral
BITF	Bitfarms	1.58%	$104.84K	$2.09B	61.86%	46 Neutral
WULF	TeraWulf Inc	1.56%	$103.98K	$6.49B	96.58%	54 Neutral
CLSK	Cleanspark	1.48%	$98.66K	$3.86B	5.23%	74 Outperform
HUT	Hut 8	1.47%	$97.83K	C$6.82B	59.36%	55 Neutral
BTDR	Bitdeer Technologies	1.42%	$94.53K	$3.12B	-6.03%	38 Underperform
HODL	Sol Strategies	1.41%	$93.65K	C$119.63M	-69.50%	65 Neutral
BTCS	BTCS	1.39%	$92.53K	$148.95M	-10.67%	47 Neutral
APLD	Applied Digital Corporation	1.38%	$92.06K	$7.55B	168.32%	45 Neutral
RIOT	Riot Platforms	1.37%	$91.02K	$6.00B	27.51%	68 Neutral

BLKC Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

29.03

Negative

100DMA

27.34

Negative

200DMA

24.00

Positive

Market Momentum

MACD

-1.13

Positive

RSI

45.46

Neutral

STOCH

69.67

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BLKC, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 27.00, equal to the 50-day MA of 29.03, and equal to the 200-day MA of 24.00, indicating a neutral trend. The MACD of -1.13 indicates Positive momentum. The RSI at 45.46 is Neutral, neither overbought nor oversold. The STOCH value of 69.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BLKC.

BLKC Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
BLKC	―	―	$6.46M	0.60%	―
IBLC	―	―	$87.13M	0.47%	―
HECO	―	―	$70.99M	0.90%	―
BLCN	―	―	$40.88M	0.68%	―
BCDF	―	―	$19.24M	0.85%	―
SATO	―	―	$10.78M	0.60%	―

Performance Comparison

BLKC

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

26.50

4.33

19.53%

IBLC

iShares Blockchain and Tech ETF

―

HECO

SPDR Galaxy Hedged Digital Asset Ecosystem ETF

―

BLCN

Siren ETF Trust Siren Nasdaq NexGen Economy ETF

―

BCDF

Horizon Kinetics Blockchain Development ETF

―

SATO

Invesco Alerian Galaxy Crypto Economy ETF

―

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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