NCIQ Hashdex Nasdaq Crypto Index US ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 20.52 | Day Range | 20.61 – 20.88 |
| 52-Week Range | 14.38 – 31.17 | Volume | 15.54K |
| Avg Volume | 59.99K | AUM | $480.6M (Oct 10, 2026) |
| Expense Ratio | 0.25% | Yield (TTM) | — |
| NAV | 20.52 | Premium/Discount | +0.58% indicative |
| Inception | Feb 13, 2025 | Holdings | — |
| Issuer | Hashdex | Exchange | NASDAQ |
| Category | Bitcoin | Index Tracked | Not stated in source data |
| CUSIP | 41809Y102 | ISIN | US41809Y1029 |
| Management | Not stated in source data | ||
About this ETF
The NCIQ fund aims to replicate the performance of an index composed of the two leading digital assets, Bitcoin (BTC) and Ether (ETH). To achieve this, it directly invests in spot Bitcoin and spot Ether, deliberately avoiding the use of leverage or complex derivatives. The fund also maintains cash reserves to cover its operational expenses. Its investment approach utilizes a market capitalization-weighted strategy, ensuring its holdings in both cryptocurrencies correspond precisely to their proportions within the underlying index. Notably, the fund is prohibited from investing in crypto-related securities, tokenized assets, or stablecoins. Investors should recognize that this fund presents a higher risk profile compared to other exchange-traded products (ETPs) that indirectly hold digital assets, a consequence of the substantial price volatility inherent in cryptocurrency markets. Moreover, the methodology governing its underlying index is rules-based, potentially allowing for the inclusion of additional crypto assets in the future, pending regulatory approval from the SEC. The index itself is rebalanced quarterly.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +3.72% | +29.81% | +11.63% | -9.19% | -36.26% | — | — | — | -10.60% |
| Total return | +3.72% | +29.81% | +11.63% | -9.19% | -36.26% | — | — | — | -10.60% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.25% | Annual cost of a $10,000 investment | $25.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 10 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Bitcoin | — | 74.91% | 4.39K | $361.0M |
| 2 | Ethereum | — | 11.46% | 22.31K | $55.2M |
| 3 | Ripple | — | 5.00% | 17.45M | $24.1M |
| 4 | Solana | — | 3.85% | 170.87K | $18.5M |
| 5 | HYPERLIQUID | — | 3.24% | 187.22K | $15.6M |
| 6 | Cardano | — | 0.53% | 10.69M | $2.6M |
| 7 | Chainlink | — | 0.46% | 173.44K | $2.2M |
| 8 | Stellar | — | 0.32% | 8.02M | $1.5M |
| 9 | Bitcoin Cash | — | 0.23% | 4.09K | $1.1M |
| 10 | Cash & Other | — | 0.00% | -1.63K | -$1.6K |
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Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 48.84% / — | Sharpe 1Y / 3Y | -0.6 / — |
| Max drawdown 1Y / 3Y | -52.93% / — | Sortino 1Y | -0.85 |
| Beta vs S&P 500 (3Y) | 1.23 | Correlation vs S&P 500 (1Y) | 0.481 |
| Downside deviation 1Y | 34.47% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 15.54K | Average volume | 59.99K |
| AUM | $480.6M | Premium/Discount | +0.58% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$12.6M | -2.55% | $493.2M → $480.6M |
| 1 Month | $376.2M | +379.27% | $99.2M → $480.6M |
| 1 Week | -$14.4M | -2.85% | $505.5M → $480.6M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for NCIQ
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.