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BTCLX

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1m

Analysis and statistics

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About

BTCLX.US represents the Schwab Crypto Thematic Index Fund, a mutual fund offered by Charles Schwab Investment Management. This fund aims to track the total return of the Schwab Crypto Thematic Index, which is designed to reflect the performance of companies that may benefit from the development or utilization of crypto and other digital assets.
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Factors

Net Asset Value (NAV): BTCLX.US price directly reflects its NAV, calculated by dividing the total value of its holdings by outstanding shares.

Bitcoin Performance: As a fund holding Bitcoin futures, the fund's price is heavily influenced by Bitcoin's spot price movements.

Futures Contract Roll Yield: "Roll yield" impacts BTCLX.US, as the fund continually rolls over futures contracts. The yield affects returns, depending on market conditions.

Expense Ratio: The fund's management fee (expense ratio) is deducted from its assets, impacting its overall returns and thus, price.

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