EQM-Emerita Blockchain BLOK 50 Global Index

Global leaders in the Blockchain ecosystem
View BLOK ETF

Executive Summary: The EQM-Emerita Blockchain BLOK 50 Global Index (BLOK-50) seeks to track the combined performance of a basket of the 50 leading global stocks that derive revenue from and/or are investing in blockchain technology, blockchain companies, or blockchain-enabled applications. Companies in the index are at the forefront of R&D, testing and implementation of blockchain technology, and/or are partnering with or directly investing in blockchain companies and/or profiting from blockchain-based applications such as cryptocurrency mining.

Disclosure: The information provided on this page is for illustrative purposes only and is not intended to serve as investment advice. The information provided is as of particular time and subject to change at any time without notice. Values between December 31, 2015 and December 31, 2017 have been calculated pursuant to a backtested methodology. Backtested calculations are prepared with the benefit of hindsight and no hypothetical record can completely account for the impact of financial risk in actual trading. Index returns do not reflect payment of any sales charges or fees an investor may pay to purchase the securities underlying the Index, or investment funds that are intended to track the performance of the Index, the imposition of which would cause actual and back-tested performance to be lower than the performance shown. Past performance of the Index is not an indication of future results.

BLOK-50, Last 12 Months

BLOK-50 correlation matrix: below 0.21 with major benchmarks

Index BLOK-50 BITCOIN-USD S&P 500 NASDAQ 100
BLOK-50 1.00 0.16 0.21 0.19
BITCOIN-USD 0.16 1.00 0.00 0.02
S&P 500 0.21 0.00 1.00 0.88
NASDAQ 100 0.19 0.02 0.88 1.00

* for period 12/31/15 – 12/31/17

Whitepaper

Methodology

Factsheet

Infograhic

BLOK-50 Index Constituents

 

 

BLOK-50 Index Criteria

Constituents

NAME NUMBER OF SHARES
HIVE BLOCKCHAIN TECHNOLOGIES 3.957555
CHINA CONSTRUCTION BANK-H 3.520061
CANAAN INC 1.173977
EBANG INTERNATIONAL HOLDINGS INC 1.018978
GALAXY DIGITAL HOLDINGS LTD 0.969637
MARATHON PATENT GROUP INC 0.871887
BIT DIGITAL INC 0.732446
Z HOLDINGS CORP 0.70893
OPERA LTD 0.490308
RIOT BLOCKCHAIN INC 0.470917
IG GROUP HOLDINGS PLC 0.379767
RAKUTEN INC ORD 0.270051
DBS GROUP HOLDINGS LTD 0.218919
PLUS500 LTD 0.211656
ONECONNECT FINANCIAL TECHNOLOGY CO LTD 0.202705
GMO INTERNET INC 0.155018
SBI HOLDINGS INC ORD 0.1485
SILVERGATE CAPITAL CORP 0.112003
DIGITAL GARAGE INC 0.103543
OVERSTOCK.COM INC 0.071955
RECRUIT HOLDINGS CO LTD 0.066421
NORTHERN DATA AG 0.060512
VONTOBEL HOLDING AG 0.053951
SAMSUNG ELECTRONICS CO LTD 0.039428
INTERCONTINENTAL EXCHANGE INC 0.037829
SOFTBANK GROUP CORP 0.037286
TENCENT HOLDINGS LTD 0.035501
INTERNATIONAL BUSINESS MACHINES CORP 0.03287
SIGNATURE BANK 0.032816
JD.COM INC 0.032745
NETEASE INC-ADR 0.0301
ADVANCED MICRO DEVICES 0.029825
TAIWAN SEMICONDUCTOR-SP ADR 0.025743
CME GROUP INC 0.023173
JPMORGAN CHASE & CO 0.022292
NASDAQ INC 0.021246
SQUARE INC – A 0.02013
PAYPAL HOLDINGS INC. 0.01977
BAIDU INC – SPON ADR 0.017674
NAVER CORP 0.015738
MICROSTRATEGY INC-CL A 0.014561
MICROSOFT CORP 0.01265
KAKAO CORP 0.012087
GOLDMAN SACHS GROUP INC 0.011034
ACCENTURE PLC-CL A 0.010857
ALIBABA GROUP HOLDING-SP ADR 0.010156
NVIDIA CORP 0.00518
ALPHABET INC-CL A 0.001507
AMAZON.COM INC 0.000863

Eligibility Requirements

Securities are selected based on the following four criteria:

  1. Companies actively engaged in the R&D, proof-of-concept testing, and/or implementation of blockchain technology.
  2. Companies profiting from the demand for blockchain-based applications such as cryptocurrency and mining.
  3. Companies partnering with and/or directly investing in companies that are actively engaged in the development and/or or use of blockchain technology.
  4. Member of multiple consortiums or groups dedicated to the exploration of blockchain technology use.
  • Companies are designated as Core blockchain companies if they derive significant direct revenue, as defined by the Index provider, from blockchain-related business and/or are among the largest 5 investors in blockchain-engaged companies as defined by the Index provider.
  • Companies are designated as Non-Core blockchain companies if they directly invest or partner in blockchain technology companies, participate in multiple blockchain industry consortiums, and/or provide consulting services to companies actively engaged in the R&D, proof-of-concept testing, and/or implementation of blockchain technology.
  • Listing on a regulated stock exchange in the form of shares tradable for foreign investors without restrictions.
  • Market capitalization of at least 200 million USD, excluding exchange listed investment vehicles.
  • Minimum price at time of purchase of $3 per share USD, excluding exchange listed investment vehicles.
  • Average daily trading volume of at least 1,000,000 USD over the last six months, excluding exchange listed investment vehicles.
  • Adequate constituent liquidity and accessibility for an exchange listed product as determined by the Index Provider.
  • Non-US companies will be U.S. exchange traded ADR versions if available, assuming they meet
    liquidity and accessibility requirements defined previously, otherwise local shares will be utilized that meet these requirements.
  • No local shares, only ADRs, will be held for companies domiciled in emerging markets or those listed on small regional exchanges.

BLOK ETF now live