Join Fund Library now and get free access to personalized features to help you manage your investments.

3iQ Bitcoin ETF (BTCQ : TSX)

Alternative Other

Close
(12-13-2024)
$23.00
Change
$0.40 (1.77%)
Open $22.68
Day Range $22.59 - $23.05
Volume 16,056

As at November 30, 2024

Period
Loading...
Loading...

Legend

3iQ Bitcoin ETF

Compare Options


Fund Returns

Inception Return (March 31, 2021): 16.05%

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 39.02% 71.10% 47.10% 141.08% 161.72% 139.30% 20.82% - - - - - - -
Benchmark 6.37% 10.66% 16.91% 25.77% 30.69% 15.61% 10.90% 13.91% 11.92% 12.54% 10.25% 10.17% 10.75% 8.96%
Category Average 27.29% 14.27% 14.27% 60.31% 71.70% 59.87% 7.97% 12.35% 12.23% 11.04% 8.90% 8.61% 8.12% 7.22%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 8.56% 3.29% 46.00% 13.63% -14.04% 11.26% -10.39% 10.00% -12.78% 7.80% 14.17% 39.02%
Benchmark 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37%

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 - - - - - - - - - -
Category Rank - - - - - - - - - -

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 63.17% - -
Beta 2.18% - -
Alpha 0.13% - -
Rsquared 0.22% - -
Sharpe 0.54% - -
Sortino 0.96% - -
Treynor 0.16% - -
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 63.82% 63.17% - -
Beta 4.20% 2.18% - -
Alpha 0.01% 0.13% - -
Rsquared 0.35% 0.22% - -
Sharpe 1.76% 0.54% - -
Sortino 5.14% 0.96% - -
Treynor 0.27% 0.16% - -
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 Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $23.10
52 Week Low $8.37
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%

Join Fund Library now and get free access to personalized features to help you manage your investments.