SATO
Invesco Alerian Galaxy Crypto Economy ETF
📎 Investment Objective
The Invesco Alerian Galaxy Crypto Economy ETF (SATO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index.
Overview
ETF tracking Invesco Alerian Galaxy Crypto Economy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Alerian Galaxy Crypto Economy ETF (SATO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index.
🎯 Investment Strategy
The ETF invests at least 80% of its total assets in securities that comprise the underlying index. The index is designed to track the performance of companies that are materially engaged in the cryptocurrency and blockchain ecosystem, including cryptocurrency mining, buying/holding cryptocurrencies and other digital assets, enabling cryptocurrency transactions, or providing hardware or software to the cryptocurrency and blockchain marketplace.
✨ Key Features
- Provides exposure to a broad range of companies involved in the cryptocurrency and blockchain industry
- Tracks an index that is designed to capture the performance of the crypto economy
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Cryptocurrency and blockchain technology are relatively new and speculative, with significant volatility and risk
- The crypto economy is highly competitive and subject to rapid changes in technology and regulation
- The fund's performance is dependent on the underlying index, which may not accurately reflect the overall crypto market
- As a new fund, it has a limited performance history to evaluate
👤 Best For
This ETF may be suitable for investors with a high risk tolerance who are seeking exposure to the emerging cryptocurrency and blockchain industry as part of a diversified portfolio. Investors should be aware of the significant volatility and speculative nature of this sector.