Description: DAPP seeks to track, as closely as possible, the price and yield performance of the MVIS Global Digital Assets Equity Index ("The Index"), a rules-based modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of companies involved in digital assets. As the Index is designed to be a pure-play overview of the relevant players in the space, to be eligible for inclusion, a company must (i) generate at least 50% of its revenues from digital assets projects; (ii) generate at least 50% of its revenues from projects that, when developed, have the potential to generate at least 50% of their revenues from digital assets or digital asset projects; and/or (iii) have at least 50% of its assets invested in direct digital asset holdings or digital asset projects. The Index provides significant exposure to key companies in mining, hardware, exchanges, holding and trading, payment gateways, patents and services, and banking. The Fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. The Index rebalances quarterly.
Exchange: NASDAQ
Country: US
Currency: US Dollar ($)
Category: Digital Assets
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 64.06 | 0.00 | 64.06 |
| Stock non-US | 35.98 | 0.00 | 35.98 |
| Cash | 0.00 | 0.04 | -0.04 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 51.86 | 42.01 |
| Financial Services | 48.14 | 38.10 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 78.29 | 72.82 |
| Europe Developed | 9.15 | 6.35 |
| Asia Emerging | 8.44 | 5.51 |
| Australasia | 4.12 | 0.75 |
| Japan | 0.00 | 9.99 |
| Latin America | 0.00 | 0.95 |
| Asia Developed | 0.00 | 2.19 |
| United Kingdom | 0.00 | 0.98 |
| Europe Emerging | 0.00 | 0.00 |
| Africa/Middle East | 0.00 | 0.47 |