Grayscale Future Of Etf Profile
| GFOF Etf | USD 27.01 1.72 6.80% |
Performance14 of 100
| Odds Of DistressLess than 9
|
Grayscale Future is trading at 27.01 as of the 28th of November 2024. This is a 6.80 percent increase since the beginning of the trading day. The etf's lowest day price was 25.93. Grayscale Future has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Grayscale Future of are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index is designed by Bloomberg Index Services Limited to consist of U.S. and non-U.S. equity securities of companies that have been classified by the index provider as providing exposure to the Future of Finance, as identified by the intersection of finance, technology and digital assets. More on Grayscale Future of
Moving together with Grayscale Etf
Grayscale Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Digital Assets, Grayscale ETF (View all Sectors) |
| Issuer | Grayscale Advisors |
| Inception Date | 2022-02-02 |
| Benchmark | Bloomberg Grayscale Future of Finance Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 9.53 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Grayscale Advisors, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Rafael Zayas, Austin Wen |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 28.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.7 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 46.41 |
| Name | Grayscale Future of Finance ETF |
| Currency Code | USD |
| Open Figi | BBG0150BSL69 |
| 1y Volatility | 61.5 |
| 200 Day M A | 18.5136 |
| 50 Day M A | 21.0538 |
| Code | GFOF |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Grayscale Future of [GFOF] is traded in USA and was established 2022-02-01. The fund is listed under Digital Assets category and is part of Grayscale ETF family. The entity is thematically classified as Strategy ETFs. Grayscale Future currently have 5.29 M in assets under management (AUM). , while the total return for the last year was 114.6%.
Check Grayscale Future Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Grayscale Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Grayscale Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Grayscale Future of Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Grayscale Future Currency Exposure
Grayscale Future of holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Grayscale Future will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Grayscale Future of.
Top Grayscale Future of Etf Constituents
| RIOT | Riot Blockchain | Stock | Information Technology | |
| COIN | Coinbase Global | Stock | Financials | |
| APLD | Applied Blockchain | Stock | Information Technology | |
| MARA | Marathon Digital Holdings | Stock | Information Technology | |
| GLXY | Galaxy Digital Holdings | Stock | Financials | |
| CIFR | Cipher Mining | Stock | Financials | |
| WULF | Terawulf | Stock | Financials | |
| CLSK | CleanSpark | Stock | Information Technology |
Grayscale Future Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Grayscale Future. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.111 | |||
| Jensen Alpha | 0.1368 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1335 |
Grayscale Future Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Future of. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Grayscale Future is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Future's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Future's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grayscale Future's market value can be influenced by many factors that don't directly affect Grayscale Future's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grayscale Future's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Future is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Future's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.