EQM-Emerita Blockchain BLOK 50 Global Index
Global leaders in the Blockchain ecosystem
Diversified index with +431% return* for period 12/31/15 – 12/31/17 vs +36.4% return for S&P 500 during the same time period.
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
BLOK-50 Index Constituents
| Name | Currency | Weight |
| OVERSTOCK.COM INC | USD | 4.27% |
| SQUARE INC – A | USD | 4.11% |
| ADVANCED MICRO DEVICES | USD | 4.04% |
| NVIDIA CORP | USD | 3.98% |
| SBI HOLDINGS INC ORD | JPY | 3.86% |
| ALPHABET INC A-SHARES | USD | 3.71% |
| INTL BUSINESS MACHINES CORP | USD | 3.67% |
| ORACLE CORP | USD | 3.63% |
| DIGITAL GARAGE INC | JPY | 3.63% |
| RED HAT INC | USD | 3.62% |
| MICROSOFT CORP | USD | 3.62% |
| ACCENTURE PLC-CL A | USD | 3.61% |
| GMO INTERNET INC | JPY | 3.61% |
| TAIWAN SEMICONDUCTOR-SP ADR | USD | 3.59% |
| CITIGROUP INC | USD | 3.57% |
| GOLDMAN SACHS GROUP INC | USD | 3.48% |
| SAP AG-SPONSORED ADR | USD | 3.38% |
| HIVE BLOCKCHAIN TECHNOLOGIES | CAD | 3.31% |
| INTEL CORP | USD | 3.23% |
| SAMSUNG SDS CO LTD | KRW | 1.16% |
| AXA SA | EUR | 1.00% |
| ING GROEP N.V.-SPONSORED ADR | USD | 1.00% |
| BNP PARIBAS SA | EUR | 1.00% |
| STATE STREET CORP | USD | 1.00% |
| BANCO SANTANDER SA-SPON ADR | USD | 1.00% |
| TENCENT HOLDINGS LTD-UNS ADR | USD | 1.00% |
| CAPGEMINI SA | EUR | 0.99% |
| BANK OF NEW YORK MELLON CORP | USD | 0.99% |
| STANDARD CHARTERED PLC | GBp | 0.99% |
| MASTERCARD INC-CLASS A | USD | 0.98% |
| MITSUBISHI UFJ FINANCIAL GRO | JPY | 0.98% |
| BANCO BILBAO VIZCAYA-SP ADR | USD | 0.97% |
| UBS GROUP AG | CHF | 0.96% |
| NASDAQ INC | USD | 0.96% |
| JPMORGAN CHASE & CO | USD | 0.96% |
| CAPITAL ONE FINL. | USD | 0.96% |
| VISA INC-CLASS A SHARES | USD | 0.96% |
| PNC FINANCIAL SERVICES GROUP | USD | 0.96% |
| COGNIZANT TECHNOLOGY SOLUTI CL A | USD | 0.96% |
| FISERV INC | USD | 0.95% |
| CME GROUP | USD | 0.95% |
| WIPRO LTD-ADR | USD | 0.95% |
| BROADRIDGE FINL SOLUTIONS I COM | USD | 0.94% |
| INFOSYS LTD | USD | 0.94% |
| EPAM SYSTEMS INC | USD | 0.94% |
| WELLS FARGO & CO | USD | 0.94% |
| QUALCOMM INC | USD | 0.93% |
| ASX LTD ORD | AUD | 0.93% |
| ORANGE S.A. | USD | 0.92% |
| THOMSON REUTERS CORP | CAD | 0.91% |
BLOK-50 Index Criteria
Constituent Eligibility Requirements
Securities are selected based on the following four criteria:
- Companies actively engaged in the R&D, proof-of-concept testing, and/or implementation of blockchain technology.
- Companies profiting from the demand for blockchain-based applications such as cryptocurrency and mining.
- Companies partnering with and/or directly investing in companies that are actively engaged in the development and/or or use of blockchain technology.
- Member of multiple consortiums or groups dedicated to the exploration of blockchain technology use.
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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.
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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.
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Listing on a regulated stock exchange in the form of shares tradable for foreign investors without restrictions.
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Market capitalization of at least 200 million USD, excluding exchange listed investment vehicles.
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Minimum price at time of purchase of $3 per share USD, excluding exchange listed investment vehicles.
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Average daily trading volume of at least 1,000,000 USD over the last six months, excluding exchange listed investment vehicles.
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Adequate constituent liquidity and accessibility for an exchange listed product as determined by the Index Provider.
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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.