BLKC - ETF AI Analysis

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

Rating:53Neutral

Price Target:―

The overall rating of the BLKC ETF reflects a mix of strengths and challenges among its holdings. Cleanspark (CLSK) stands out as a key contributor due to its strong financial performance and strategic growth initiatives, which bolster the fund's rating. However, weaker holdings like Core Scientific Inc. (CORZ), which faces significant financial instability and overvaluation concerns, may have held back the ETF's overall score. Investors should also note the fund's exposure to companies with financial challenges, which could pose risks in volatile market conditions.

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)

AUM5.08M

RegionGlobal

Expense Ratio0.60%

Beta1.50

IssuerInvesco

Inception DateOct 07, 2021

Dividend Yield7.13%

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. Volume9,050

30 Day Avg. Volume3,395

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

37.83

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering74

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 the blockchain and decentralized commerce space, with a global mix of holdings spanning technology and financial sectors. Applied Digital is a standout performer, riding bullish momentum and strategic growth initiatives, while Hut 8 has also been rising steadily thanks to strong revenue growth. On the flip side, Truth Social and BTCS are lagging, weighed down by profitability challenges and mixed trends. With a thematic focus on blockchain innovation, the fund’s positioning reflects a bet on the transformative potential of this niche, though volatility remains a key consideration.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
DJT	Truth Social	1.67%	$104.71K	$4.45B	-59.10%	―
HUT	Hut 8	1.53%	$95.92K	C$6.53B	123.18%	56 Neutral
FIGR	Figure Technology Solutions, Inc. Class A	1.52%	$95.56K	―	―	68 Neutral
APLD	Applied Digital Corporation	1.51%	$94.61K	$7.78B	250.76%	54 Neutral
TSLA	Tesla	1.49%	$93.35K	$1.60T	5.72%	73 Outperform
BTCS	BTCS	1.48%	$92.53K	$148.95M	27.12%	47 Neutral
C	Citigroup	1.43%	$89.36K	$205.52B	69.26%	68 Neutral
WMT	Walmart	1.39%	$87.37K	$911.47B	24.63%	78 Outperform
GS	Goldman Sachs Group	1.38%	$86.67K	$267.98B	57.50%	73 Outperform
ACN	Accenture	1.38%	$86.30K	$179.80B	-25.15%	79 Outperform

BLKC Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

25.78

Negative

100DMA

26.73

Negative

200DMA

24.17

Positive

Market Momentum

MACD

-0.16

Negative

RSI

53.62

Neutral

STOCH

85.73

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BLKC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 24.55, equal to the 50-day MA of 25.78, and equal to the 200-day MA of 24.17, indicating a neutral trend. The MACD of -0.16 indicates Negative momentum. The RSI at 53.62 is Neutral, neither overbought nor oversold. The STOCH value of 85.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLKC.

BLKC Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
BLKC	―	―	$5.08M	0.60%	―
IBLC	―	―	$88.36M	0.47%	―
HECO	―	―	$71.83M	0.90%	―
BLCN	―	―	$37.74M	0.68%	―
BCDF	―	―	$19.87M	0.85%	―
DECO	―	―	$14.68M	0.65%	―

Performance Comparison

BLKC

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

25.39

4.79

23.25%

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

―

DECO

SPDR Galaxy Digital Asset Ecosystem 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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