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3iQ Bitcoin ETF (BTCQ : TSX)

Alternative Other

Close
(05-20-2024)
$14.65
Change
$0.00 (0.00%)
Open $14.51
Day Range $14.44 - $14.76
Volume 18,685

As at April 30, 2024

Period
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Legend

3iQ Bitcoin ETF

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Fund Returns

Inception Return (March 31, 2021): 1.75%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -14.04% 42.61% 70.88% 47.31% 103.40% 27.05% 3.90% - - - - - - -
Benchmark -1.82% 4.10% 16.91% 4.68% 8.73% 5.66% 7.59% 13.51% 8.86% 8.98% 8.12% 8.95% 7.25% 7.22%
Category Average -9.99% 38.72% 38.72% 22.89% 43.24% 12.01% 3.61% 7.17% 6.93% 5.29% 5.05% 5.61% 4.59% 4.57%
Category Rank 34 / 90 2 / 90 2 / 90 2 / 90 8 / 79 8 / 73 13 / 30 - - - - - - -
Quartile Ranking 2 1 1 1 1 1 2 - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -7.89% 9.44% -4.51% -8.20% 3.14% 30.62% 6.85% 8.56% 3.29% 46.00% 13.63% -14.04%
Benchmark -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82%

Best Monthly Return Since Inception

46.00% (February 2024)

Worst Monthly Return Since Inception

-39.27% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -62.05% 143.78%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 4.57% -0.60% 6.48% 4.63% -4.48% 6.64% 14.43% 7.75% -45.86% 66.56%
Quartile Ranking - - - - - - - - 2 1
Category Rank - - - - - - - - 28/ 65 18/ 79

Best Calendar Return (Last 10 years)

143.78% (2023)

Worst Calendar Return (Last 10 years)

-62.05% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

3iQ Bitcoin ETF

Median

Other - Alternative Other

3 Yr Annualized

Standard Deviation 67.06% - -
Beta 1.93% - -
Alpha 0.10% - -
Rsquared 0.15% - -
Sharpe 0.34% - -
Sortino 0.55% - -
Treynor 0.12% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 58.97% 67.06% - -
Beta 0.96% 1.93% - -
Alpha 0.78% 0.10% - -
Rsquared 0.04% 0.15% - -
Sharpe 1.39% 0.34% - -
Sortino 4.39% 0.55% - -
Treynor 0.86% 0.12% - -
Tax Efficiency 100.00% - - -

Fund Details

Start Date March 31, 2021
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status -
Currency CAD
Distribution Frequency No Distribution
Assets ($mil) -
52 Week High $15.96
52 Week Low $5.41
Annual Dividend -
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The Bitcoin ETF’s investment objectives are to seek to provide Unitholders of the Bitcoin ETF with: (a) exposure to digital currency bitcoin (“bitcoin”) and the daily price movements of the U.S. dollar price of bitcoin; and (b) the opportunity for long-term capital appreciation.

Investment Strategy

To achieve its investment objectives, the Bitcoin ETF will invest in long-term holdings of bitcoin. Bitcoin will be purchased from reputable bitcoin trading platforms (commonly referred to as bitcoin exchanges) and OTC counterparties, in order to provide investors with a convenient, safer alternative to a direct investment in bitcoin, as described under “Overview of the Sector in which the Bitcoin ETF Invests – Purchasing Bitcoin for the Bitcoin ETF’s Portfolio”.

Portfolio Manager(s)

Name Start Date
3iQ Corp. 03-29-2021

Management and Organization

Fund Manager 3iQ Corp.
Advisor 3iQ Corp.
Custodian Coinbase and Tetra Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Raymond Chabot Grant Thornton LLP

Fees

MER 1.75%
Management Fee 1.00%

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