WBLK
WisdomTree Blockchain UCITS ETF - USD Acc
The WisdomTree Blockchain UCITS ETF (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Blockchain UCITS Index (the “Index”).
- Blockchain technology is a revolution in the making and could be useful wherever a transparent, immutable, and digital record of information is needed. It underpins many megatrends: Decentralised Finance, Web 3.0, the Metaverse, to name a few. The Fund offers access to a pure-play strategy through direct investment in publicly listed companies, which are primarily involved in blockchain and cryptocurrency technologies
- Invest in businesses that are capitalising on the high growth potential of blockchain and cryptocurrency technologies and which meet certain risk management criteria, as well as minimum liquidity requirements and also WisdomTree’s ESG (environmental, social and governance) criteria
- The ETF leverages WisdomTree's heritage of innovation and self-indexing as well as, WisdomTree's global digital assets team's knowledge of the blockchain and experience thanks to interaction with partners in the cryptocurrency ecosystem
- The ETF is physically backed and UCITS compliant
Potential Risks
- Although the Index was created to select companies with a relatively higher exposure to blockchain related business models, there is no guarantee this objective will be achieved
- An investment in equities may experience high volatility and should be considered as a longer-term investment
- Higher growth companies such as those that play a part in megatrends tend to trade at higher valuations. The investor should consider the risk that comes with higher valuations as part of any investment decision
- Investment risk may be concentrated in specific sectors, countries, companies or currencies
- This list does not cover all risks-further risks are disclosed in the KIID and Prospectus
Overview
Fund Overview | |
---|---|
Asset Class | Equities |
Use of Income | Accumulating |
Inception Date | 07 Sep 2022 |
Dividend Frequency | N/A |
Exchange Ticker | WBLK/BKCN |
Index Name | WisdomTree Blockchain UCITS Index |
TER | 0.45% |
Base Currency | USD |
Inception Date | 07 Sep 2022 |
Exchange Ticker | WBLK/BKCN |
Index Name | WisdomTree Blockchain UCITS Index |
TER | 0.45% |
Structure | |
---|---|
Replication Method | Physical, Fully Replicated |
Legal Form | Irish Collective Asset-management Vehicle (ICAV) |
Fund Umbrella | WisdomTree Issuer ICAV |
Domicile | Ireland |
Structure | Open-ended Exchange Traded Fund |
Financial Year End | 31 December |
UCITS Compliant | Compliant |
Further Legal and Tax Information | |
---|---|
ISA | Eligible |
SIPP | Eligible |
UCITS Eligible | Eligible |
UK Reporting Status | Yes |
Key Service Providers | |
---|---|
Custodian | State Street Custodial Services (Ireland) Limited |
Administrator | State Street Fund Services (Ireland) Limited |
Fund Manager | Irish Life Investment Managers |
Auditor | Ernst & Young Ireland |
Market Capitalization | As of 17 Jul 2024 |
---|---|
Total Market Capitalization ($ Trillion) | 1.13 |
Fund MarketCap Breakdown | |
Large Cap (> $10 Billion) | 35.47% |
Mid Cap (≥ $2 Billion and ≤ $10 Billion) | 37.15% |
Small Cap (< $2 Billion) | 27.38% |
Fund Characteristics | As of 17 Jul 2024 |
---|---|
*Dividend Yield | 0.15 |
Price/Earnings | -113.58 |
Estimated Price/Earnings | 753.79 |
Price/Book | 3.38 |
Price/Sales | 6.86 |
Price/Cash Flow | -168.97 |
Gross Buyback Yield | 0.65 |
Net Buyback Yield | -7.86 |
Listings & Codes
Listings & Codes | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
Holdings
Sector Breakdown
Index Details
The Index is designed to measure the performance of companies primarily involved in blockchain and cryptocurrency technologies. The index excludes companies which do not meet WisdomTree’s ESG (environmental, social and governance) criteria.
To be included in the Index, companies must meet certain risk management criteria, as well as minimum liquidity requirements, WisdomTree’s ESG screen and be issued by a company primarily involved in blockchain and cryptocurrency technology which include the following categories:
- Blockchain Enablers: Companies that develop building block components for blockchain ecosystems
- Blockchain Engagers: Companies that provide blockchain and cryptocurrency services and/or applications
To classify stocks in these two categories, the index leverages WisdomTree's heritage of innovation and self-indexing as well as, WisdomTree's global digital assets team's knowledge of the blockchain and experience thanks to interaction with partners in the cryptocurrency ecosystem.
The index is equally weighted subject to the capping and liquidity adjustment rules as defined below. After capping the combined weight of all Blockchain Enablers in the index to 30%, a liquidity adjustment is applied to the index weights. The Index is rebalanced on a quarterly basis in February, May, August and November.
Index Details | |
---|---|
Index Name | WisdomTree Blockchain UCITS Index |
Currency | USD |
Index Provider | WisdomTree, Inc |
Bloomberg Ticker | WTBKCN |
Leverage Factor | N/A |
Documents and Links |
---|
Responsible Investing
SFDR Disclosure
The EU Sustainable Finance Disclosures Regulation (SFDR) took effect on 10 March 2021 as part of the EU Action Plan on Sustainable Finance. The SFDR lays down harmonised sustainability related disclosure rules for EU financial market participants and advisors and requires certain sustainability disclosures to be made for financial products which promote environmental or social characteristics (Article 8 SFDR) and funds which have a sustainable investment objective (Article 9 SFDR).
There are different SFDR product categorisations for these sustainability disclosure requirements:
+ Article 6 products: require disclosures relating to the manner in which sustainability risks are integrated into the decision-making process.
+ Article 8 products: promote, among other characteristics, environmental or social characteristics or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.
+ Article 9 products: have sustainable investment as their objective
Please refer to EU regulation guidelines for more details: https://www.esma.europa.eu/sections/sustainable-finance
SFDR categorisations | |
---|---|
SFDR Disclosure | Article 8 |
ESG Characteristics
The fund tracks an index which seeks to exclude from the eligible investment universe companies that (i) violate, certain commonly accepted international norms and standards, such as United Nations and the Organisation for Economic Co-operation and Development (OECD) guidelines, (ii) are involved in controversial weapons such as anti-personnel mines and cluster munitions, (iii) are significantly involved in the tobacco industry, (iv) are significantly involved in thermal coal activity, such as coal mining and exploration and coal-based power generation, (v) are significantly involved in unconventional oil and gas exploration/production, such as oil sands, Arctic oil and gas or shale energy, (vi) do not meet such other ESG criteria such as significant involvement in small arms, as detailed in the Index methodology. Visit our ESG Hub to learn more about WisdomTree's ESG approach.
MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics and Ratings (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 31,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.
Sustainability Characteristics | |
---|---|
MSCI ESG Fund Ratings (AAA-CCC) | BB |
Documents
DISCLAIMERS
The products discussed in this document are issued by WisdomTree Issuer ICAV (“WT Issuer”). WT Issuer is an umbrella investment company with variable capital having segregated liability between its funds organised under the laws of Ireland as an Irish Collective Asset-management Vehicle and authorised by the Central Bank of Ireland (“CBI”). WT Issuer is organised as an Undertaking for Collective Investment in Transferable Securities (“UCITS”) under the laws of Ireland and shall issue a separate class of shares ("Shares”) representing each fund. Investors should read the prospectus of WT Issuer (“WT Prospectus”) before investing and should refer to the section of the WT Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Shares.